We purchased a small lot of silver dollars the other day, and there were (10) Coal Dollars."Coal Dollars" are shrouded in mystery. They show up here in silver dollar lots, usually from longtime Fairbanks families. This is the largest grouping we have seen. Based upon what he has beentold, Joe Usibelli says in the early 50's, the Jonesville Coal Co. of Jonesville, near Sutton, paidtheir employees with silver dollars with the "This is a Coal Dollar" sticker attached. This was toshow the impact that the mine had on the local economy. I seem to recall hearing the U.S. militarydid the same thing with $2 bills.

Of the (10) coins, (9) had nice, complete labels. The one with the poor label is shown above.All were Peace Dollars, except the one in the middle above, which is a 1921 Morgan Dollar.

One of these sold for $61 on eBay last year. We have sold them in the past for as much as $100.Let's price them this way: 1) Peace Dollar with complete label - $45 2) the Morgan Dollar withcomplete label - $55 and 3) the Peace Dollar with an incomplete label - $35. Prices arepostpaid.

For more information, email Dick at:
akcoins@mosquitonet.com