Values Strong for 2022 Purple Heart Colorized Silver Dollar

27

Those who paid $95 for the United States Mint’s 2022-P Purple Heart Colorized Silver Dollar could see some solid profits. Examples are realizing exceptional prices in the secondary market, whether they are in original United States Mint packaging or slabbed and graded.

CoinNews photo 2022 National Purple Heart Hall of Honor Colorized Silver Dollar - Obverse,b
This CoinNews photo shows the obverse or heads side of a 2022 National Purple Heart Hall of Honor Colorized Silver Dollar

Limited to 25,000 and officially named the National Purple Heart Hall of Honor 2022 Colorized Silver Dollar, the U.S. Mint started selling the coin on March 24.
It lasted for a little over 24 hours before selling out. That would have happened sooner if not for the dollar’s initial household order limit of one.

CoinNews photo 2022 National Purple Heart Hall of Honor Colorized Silver Dollar - Reverse,b
This photo shows the coin’s reverse or tails side

In looking at recent auctions completed at eBay, examples of prices realized over the last several days include:

  • Coins in original packaging at $200-$275
  • NGC 69s at $280-$400
  • NGC 70s at $380-$550
  • PCGS 69s at $220-$390
  • PCGS 70s at $374-$600

Aside from the colorized silver dollar, the U.S. Mint continues to offer the other products from the National Purple Heart Hall of Honor Commemorative Coin Program as authorized under Public Law 116-247. They include:

  • National Purple Heart Hall of Honor Three-Coin Proof Set for $762.75
  • National Purple Heart Hall of Honor $5 Gold Proof Coin for $649.50
  • National Purple Heart Hall of Honor $5 Gold Uncirculated Coin for $639.50
  • National Purple Heart Hall of Honor Proof Silver Dollar for $79
  • National Purple Heart Hall of Honor Uncirculated Silver Dollar for $74
  • National Purple Heart Hall of Honor Proof Half-Dollar for $40
  • National Purple Heart Hall of Honor Uncirculated Half-Dollar for $38

These may be ordered from the Mint’s online store of commemoratives.

Subscribe
Notify of
guest

27 Comments
Inline Feedbacks
View all comments
Kaiser Wilhelm

It’s gratifying to see that even Purple Heart Colorized Silver Dollars in their original Mint packaging are selling for prices close to or even right up there with Proof-69 Graded ones.

East Coast Guru

Good observation Kaiser. I missed out on buying this coin due to lack of interest. However, I will probably pick it up in a few years when the herd moves to the next shiny object and the price drops.

Kaiser Wilhelm

Thank you, East Coast Guru, for your kind assessment, and I must say that your comment is a very astute analysis on your part also. it seems newly appeared coins tend to behave somewhat like movies, which are known to make a good percentage of their money within the first few weeks of their initial release. Just substitute “months” or “years” for “weeks” and that’s the story of coin prices.

Last edited 30 days ago by Kaiser Wilhelm
Rich

Major, there are some sources for time series graphs displaying the price history of US coins. The most comprehensive free online source for this information is the PCGS Coin Facts, PCGS Price History which displays interactive plots of how coin prices change over time on the secondary market for PCGS graded coins. (Note: The prices listed in the PCGS Price Guide are average dealer asking prices for PCGS-graded coins. The prices are compiled from various sources including dealer ads in trade papers, dealer fixed price lists and website offerings, significant auctions, and activity at major coin shows. Dealer specialists and… Read more »

Kaiser Wilhelm

Those are some very surprising dollar figures, Good Sir Rich. I would not have thought that prices for gold coins would appear as such a curve over time.

Last edited 30 days ago by Kaiser Wilhelm
Kaiser Wilhelm

I don’t, Major D, but now it doesn’t matter because Good Sir Rich has, as so many times before, come to our collective rescue as this site’s Honorable Font of Facts, Figures and All-Around Numismatic Wisdom.

William M Dowis

East Coast Guru, These coins are still available from the US Mint Website. I just received three of them myself.

Rooster

The colorized PH?

Chris Terp

Cha-ching 🙂

Makes up from the Mint charging me for shipping even though I was in loyalty program for free shipping 😐

Kaiser Wilhelm

I hope, Chris, you have been calling the Mint to get your justly due shipping refunds.

Rooster

The prices are solid for sure. With only 25k mintage the price should stay strong.

Rich

Agree Rooster, the prices for the Colorized Purple Heart (current sales figure = 24,422) are even stronger than the Colorized Basketball HOF (final mintage = 25,719) Silver Dollar.

Rooster

Rich: I never bought the colorized basketball coins. I liked this Purple Heart so I went back and snagged more before they closed it. That medal means so much to so many people.

Kaiser Wilhelm

Very well put indeed, Rooster. This happens to be one of those special coins that is definitely more than the sum of its parts, so to speak.

Kaiser Wilhelm

I can regret, Rooster, not having bought one. Chalk it up to misreading the tea leaves.

Last edited 30 days ago by Kaiser Wilhelm
Kaiser Wilhelm

I feel your pain, Major D. Inflation and other factors have done a significant job of culling my discretionary income and as such accelerated my long time coming decision to rather substantially cut down on my Mint purchases.

Last edited 29 days ago by Kaiser Wilhelm
Rooster

As good as I have done reading the tea leaves, I found bourbon a better alternative.

Kaiser Wilhelm

I haven’t had any experience with alcohol in decades, Rooster, so I am happy to be content with tea leaves (and I must have my daily java).

Rooster

That works too. Keep it just under the jitter factor and ride the wave.

Kaiser Wilhelm

My wife thinks it’s both funny and peculiar that both coffee and sugar have the “Ritalin Effect” on me, which is to say they do the very opposite of what one would expect them to. Zzzzzzz.

Kaiser Wilhelm

Major D,

It will forever be a race between counterfeiting ability and anti-counterfeiting technology, and I think it’s safe to assume this coin has no special reason to be exempt from that.

Rich

At least one online dealer is touting the Purple Heart Colorized Silver Dollar as “One of the Hottest Mint Products of 2022.” Some representative sale prices are $175 for ungraded OGP/COA, $295 for graded PR-69, and $395 for graded PR-70.

Kaiser Wilhelm

Good Sir Rich,

Having always been a man of modest means and similarly moderate needs, I am not familiar with either the inclination or the necessity to spend an extra $220 to acquire a PR-70 Purple Heart Colorized Silver Dollar as opposed to one straight out of a Mint box.

Last edited 27 days ago by Kaiser Wilhelm
Rich

Sir Kaiser, my sentiments exactly. There are only a handful of modern Commemorative Proof Silver Dollars that command extremely higher prices for the Proof 70 grade compared to Proof 69 or ungraded in original mint packaging. Here is the list based on the current PCGS Price Guide – 1996-P $1 High Jump: PR-70 = $7,500 & PR-69 = $42 1996-P $1 Paralympic: PR-70 = $3,750 & PR-69 = $47 1996-P $1 Rowing: PR-70 = $2,650 & PR-69 = $46 1996-P $1 Tennis: PR-70 = $2,000 & PR-69 = $48 2000-P $1 Leif Ericson: PR-70 = $975 & PR-69 = $58… Read more »

Last edited 27 days ago by Rich
Kaiser Wilhelm

No matter how many times I see such radically, even monumentally different prices for PR-70 and PR-69, Good Sir Rich, it still knocks my socks off.

Curious that all but one of those are from the same Commemorative Series.

Thanks for providing the enlightening figures; “G.S.R.” comes through again!

Last edited 27 days ago by Kaiser Wilhelm
Rooster

Impressive price gaps. Thanks for sharing.

Kaiser Wilhelm

With those kinds of enormous price differences, Rooster, I would be more than happy and satisfied to be a devoted PR-69 collector.