The History and Value of Silver Dollars

Silver dollars have been a part of American currency since the late 1700s. The first silver dollar was minted in 1794 and was known as the Flowing Hair Dollar. This coin was made of 89.2% silver and 10.8% copper. The Flowing Hair Dollar was followed by the Draped Bust Dollar in 1795. This coin was made of the same composition as the Flowing Hair Dollar. In 1836, the Seated Liberty Dollar was introduced. This coin was made of 90% silver and 10% copper. The Seated Liberty Dollar was minted until 1873. In 1878, the Morgan Dollar was introduced. This coin was made of 90% silver and 10% copper. The Morgan Dollar was minted until 1904. In 1921, the Peace Dollar was introduced. This coin was made of 90% silver and 10% copper. The Peace Dollar was minted until 1935. In 1965, the Eisenhower Dollar was introduced. This coin was made of 40% silver and 60% copper. The Eisenhower Dollar was minted until 1978. Today, silver dollars are highly sought after by collectors. The value of a silver dollar depends on its condition, date, and mint mark. Silver dollars that are in good condition and have a low mintage can be worth hundreds or even thousands of dollars. No matter what type of silver dollar you have, it is important to take good care of it. Silver dollars should be stored in a cool, dry place away from direct sunlight. They should also be kept away from moisture and extreme temperatures. Taking these steps will help ensure that your silver dollars remain in good condition for years to come.