Silver dollars have been in circulation since the 1600s. By 1794, a new United States Mint officially minted silver dollars. Throughout the 1800s, several designs were created for circulating rare silver dollars, including Gobrecht Dollars, Seated Liberty Dollars, Morgan silver dollars, and Trade Dollars.
Have you thought about adding this rare silver coin to your coin collection? Here are 5 fun facts about the rare silver dollar coin you should know.
- Great Visual Appeal
The rare silver dollar coin has a stunning design, making it an attractive addition to any collection. From the Seated Liberty design of the 1800s, the Morgan silver dollar of the late 19th century, to the Peace Dollar of the 1920s, these coins have a classic beauty that collectors have admired for centuries.
Regardless of the particular series, most silver coins feature a profile of Lady Liberty. In addition to its iconic design, the coin also boasts stunning fine details such as intricate engravings, a deep mirror-like finish, and a unique shape that makes it stand out from other coins.
- Not Expensive like Gold Coins
A rare silver dollar is an excellent option for coin collectors just starting in the hobby but working on a budget. Since these coins are made from silver, they are much more affordable than gold coins. One silver dollar is just a fraction of the cost of one gold coin, making it a great investment for those looking to build up their collection.
- Variety of Sizes
There is a size for everyone, from the common size of one ounce to the smaller half-dollar and even quarter-dollar coins. This variety makes silver dollars accessible to collectors of all budgets and sizes.
- One ounce
It’s the most common size for silver dollars. It is the most popular size among collectors, as it balances affordability and desirability.
- The smaller half-dollar
This is a good option for those looking to save money or diversify their collection. It’s because of its smaller size, but it still has a lot of eye appeal.
- The quarter-dollar
The quarter-dollar is an excellent choice for those looking for the smallest and most affordable option. It may not have as much detail as larger coins, but it still has a great look and can still add a lot to a collection.
- Rich History
Any coin collector knows that coins are more than just money – they’re pieces of history. By investing in rare silver dollars, you’re also investing in a part of American history that dates back centuries.
The history of the rare silver coin helps to make it even more special. From the initial silver coins of the 1600s to modern designs, there is much to learn about this coin. If passed down to future generations, silver dollars can remind them of the rich history in which it was created.
- Comprise Seven Denominations
It’s easier for collectors to find the right coin, as there are seven different denominations. They include the following:
Ø The three-cent
Ø The half-dime
Ø The dime
Ø The twenty-cent
Ø The quarter dollar
Ø The half dollar
Ø The dollar
These coins feature various designs and mints, making them perfect for any collector looking to diversify their collection.
Start Your Collection Today!
Collecting rare silver dollars is a great way to add value to your collection and gain insight into American history. With the above fun facts, you should be good to go. Start building your rare silver coin collection today to create a piece of history that will last for generations!