This sticker reads: “This is a Coal Dollar”. You will find these stickers on both Peace and Morgan dollars. These do come up at auction from time to time, so holding out for a nice sticker is an option. When I purchased mine it was the first that I had seen, so i purchased it in the condition you see. Since that time I have seen about 5 more of these show up at auction. While these do not have a “pretty” image they are still rather collectible. My guess is that fewer than 200 of these coins are still around, though that is just a guess.
This coin is from the 1950’s and was produced by the Jonesville Coal Company located about 30 miles outside of Wasilla AK. The Jonesville Coal Company paid their employees with these silver dollars. The company wanted to show the surrounding communities just how much the company meant to the local economy. For several weeks the surrounding communities were inundated with these coin. Click for More Information