How much is a silver dollar worth today?
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Lily Adams
Works at EcoVenture Consulting, Lives in Sydney, Australia.
Hello, I'm an expert in numismatics, which is the study and collection of coins. The value of a silver dollar can vary greatly depending on several factors, including the year it was minted, its condition, rarity, and whether it's a circulated coin or a collectible.
The term "silver dollar" generally refers to a one-dollar coin that was made of silver. In the United States, for example, the most famous silver dollar is the Morgan Dollar, which was minted from 1878 to 1904, and then again in 1921. Other types include the Peace Dollar, which was minted from 1921 to 1935.
The value of a silver dollar can range from as little as a few dollars for a common circulated coin to tens of thousands for rare or uncirculated pieces. For instance, a common circulated Morgan Dollar might be worth around $20 to $30, while an uncirculated example in a high grade could be worth several hundred dollars or more. The value can also be influenced by the coin's mint mark, which indicates where it was produced.
It's important to note that the melted value of the silver itself can also play a role in the coin's worth. If the price of silver on the commodities market is high, the metal's value might be close to or exceed the numismatic value of the coin.
To determine the exact value of a specific silver dollar, it's best to consult a reputable coin dealer or numismatic expert who can evaluate the coin's condition and rarity.
The term "silver dollar" generally refers to a one-dollar coin that was made of silver. In the United States, for example, the most famous silver dollar is the Morgan Dollar, which was minted from 1878 to 1904, and then again in 1921. Other types include the Peace Dollar, which was minted from 1921 to 1935.
The value of a silver dollar can range from as little as a few dollars for a common circulated coin to tens of thousands for rare or uncirculated pieces. For instance, a common circulated Morgan Dollar might be worth around $20 to $30, while an uncirculated example in a high grade could be worth several hundred dollars or more. The value can also be influenced by the coin's mint mark, which indicates where it was produced.
It's important to note that the melted value of the silver itself can also play a role in the coin's worth. If the price of silver on the commodities market is high, the metal's value might be close to or exceed the numismatic value of the coin.
To determine the exact value of a specific silver dollar, it's best to consult a reputable coin dealer or numismatic expert who can evaluate the coin's condition and rarity.
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Works at SpaceX, Lives in Los Angeles. Graduated from California Institute of Technology (Caltech) with a degree in Aerospace Engineering.
Melt Values of U.S. Silver CoinsCoin Composition Melt Value Updated 2/16/2018 Peace Dollar (1921-1935)90% Silver$12.99Eisenhower, Silver (1971-1978)60% Copper, 40% Silver$5.31American Silver Eagle $1 (1986-Date)99.93% Silver$16.79America the Beautiful 5 Ounce Silver (2010-Date)99.93% Silver$83.9513 more rows
2023-04-10 08:04:20
Penelope Baker
QuesHub.com delivers expert answers and knowledge to you.
Melt Values of U.S. Silver CoinsCoin Composition Melt Value Updated 2/16/2018 Peace Dollar (1921-1935)90% Silver$12.99Eisenhower, Silver (1971-1978)60% Copper, 40% Silver$5.31American Silver Eagle $1 (1986-Date)99.93% Silver$16.79America the Beautiful 5 Ounce Silver (2010-Date)99.93% Silver$83.9513 more rows