When it comes to silver dollars some are much more valuable than others. There are many different specimens that can be found, and some may be common while others are considered quite rare. The condition of the coin is also important, because one that has never been circulated and that is in perfect condition will be worth far more than one that is worn or damaged. The design and minting year are also important, and the facility that produced the item is very relevant to the value that it has.
One of the first designs produced was the Bust design. This design was created from 1794 until 1803 and is one of the hardest to find today. This coin goes for a minimum of $600 and it is rare to find one in good condition. If a coin in good condition is found, the price will increase considerably. There are so few that they are rarely found through dealers. They are generally sold at auction instead.
The next design produced after the Bust was the Seated Liberty. This one was produced from 1840 to 1873. This design is also very rare and because so few were created originally, they are extremely hard to find today. Many of the coins were melted down to create new currency. A silver dollar in good condition with the Seated Liberty design could easily sell for $200 or more.
Morgans were minted from 1878 until 1921, and these are one of the top favorites for collectors and coin enthusiasts. Common specimens can be found at most dealers and online shops that specialize in these products, and they are usually affordable even with a smaller budget. Some of these may be very rare though and could be worth as much as $6,000-$7,000 for the right year, mint mark, and condition.
The Peace design was introduced in 1921 and produced until 1934. While it may not have the appeal of older coins, it is still a great choice for any investor or collector because of its high silver content. Silver dollars minted before 1961 generally contain 90% pure silver while those made after that date will only contain 40% silver. The 1934 S in mint condition may sell for $1200 or more.
One of the first designs produced was the Bust design. This design was created from 1794 until 1803 and is one of the hardest to find today. This coin goes for a minimum of $600 and it is rare to find one in good condition. If a coin in good condition is found, the price will increase considerably. There are so few that they are rarely found through dealers. They are generally sold at auction instead.
The next design produced after the Bust was the Seated Liberty. This one was produced from 1840 to 1873. This design is also very rare and because so few were created originally, they are extremely hard to find today. Many of the coins were melted down to create new currency. A silver dollar in good condition with the Seated Liberty design could easily sell for $200 or more.
Morgans were minted from 1878 until 1921, and these are one of the top favorites for collectors and coin enthusiasts. Common specimens can be found at most dealers and online shops that specialize in these products, and they are usually affordable even with a smaller budget. Some of these may be very rare though and could be worth as much as $6,000-$7,000 for the right year, mint mark, and condition.
The Peace design was introduced in 1921 and produced until 1934. While it may not have the appeal of older coins, it is still a great choice for any investor or collector because of its high silver content. Silver dollars minted before 1961 generally contain 90% pure silver while those made after that date will only contain 40% silver. The 1934 S in mint condition may sell for $1200 or more.
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