The Fascinating History of All Silver Dollars

Silver dollars have been around for centuries, and they have a fascinating history. From the early Spanish silver coins to the modern American silver dollars, these coins have been used for trade, investment, and even as a form of currency. In this article, we’ll explore the different types of silver dollars and their place in history.The first silver coins were minted in the 16th century by the Spanish Empire. These coins, known as Spanish Milled Dollars, were used throughout the Spanish colonies in the Americas. They were also used in trade with other countries, including the United States. The Spanish Milled Dollar was the first silver coin to be widely circulated in the United States.In 1794, the United States Mint began producing its own silver coins. These coins, known as Flowing Hair Dollars, were the first silver coins to be produced by the United States. They were produced until 1803, when they were replaced by the Draped Bust Dollar. The Draped Bust Dollar was the first silver dollar to feature the iconic Lady Liberty design.In 1836, the United States Mint began producing the Seated Liberty Dollar. This coin featured a seated Lady Liberty on the obverse and an eagle on the reverse. The Seated Liberty Dollar was produced until 1873, when it was replaced by the Trade Dollar. The Trade Dollar was the first silver dollar to be produced for use in international trade.In 1878, the United States Mint began producing the Morgan Dollar. This coin featured a portrait of Lady Liberty on the obverse and an eagle on the reverse. The Morgan Dollar was produced until 1904, when it was replaced by the Peace Dollar. The Peace Dollar was the last silver dollar to be produced by the United States Mint.Silver dollars have been a part of American history for centuries. From the Spanish Milled Dollar to the Peace Dollar, these coins have been used for trade, investment, and even as a form of currency. Whether you’re a collector or an investor, silver dollars are a great way to add a piece of history to your portfolio.