Silver Dollar Prices
Before buying a silver dollar or any other coin it's always important to know the value. Silver dollar prices fluctuate since silver prices change from day to day. Silver dollar prices are derived from the value of its silver content and also based on its collectible value. Collectible value can take into account the number of coins produced, the grade of the coin and anything else that would make that particular coin unique.
So how do you know how much to pay for a coin? Each year books are published that have price listings for various coins and also their are coin related newspapers and magazines that can provide up to date information on the value of a silver dollar.
Here are a few great resources that you should check out that will help you establish the price of a silver dollar, whether you're buying or selling.
Silver Trade Dollars
Rewind back to the 1800's when trade was starting to take place between the U.S., Britain and countries in the East. It became necessary to make silver dollars coins or trade dollars that would be used specifically for trading between two countries. Britain, the United States, Japan and China started to make silver trade dollars to be used in exchanged for goods from each respective country.
Many of these coins still exist today and can be bought at auctions or through coin dealers throughout the world. Visit this link for a list of Trade Dollars for Sale.
Eisenhower Dollar
The Eisenhower Dollar is a $1 coin that was produced between 1971 and 1978. Obviously named after the 34th President of the United States, Dwight Eisenhower who died in 1969. Designed by frank Gasparro, this copper-nickel coin was the first U.S coin that was not made of a precious metal like silver or gold. The coin does contain .3164 troy ounces of silver. Because many kept the coins as a memory to President Eisenhower, not many coins ended up in circulation.
The Eisenhower dollar was struck at 3 U.S Mint locations including: Philadelphia, Denver and San Francisco. Mintages for the Eisenhower dollar were quite high, ranging from 3.5 million to 115 million produced each year. Even though they were produced from 1971 to 1978, no coins were made dated 1975.
1921 Peace Dollar
Beginning in 1921 the U.S. Mint produced the Peace Dollar which was a 0.77344 troy ounce silver dollar coin which would be the successor to the Morgan Silver Dollar. The Peace dollar was produced from 1921 to 1928 and then again in 1934 & 1935. They were also briefly made in 1965 as 1964 coins, but were melted down and never released to the public. The Peace Dollar was the last silver dollar to be issued by the U.S. Mint and placed in circulation.
Peace Dollars get their name because they was a silver dollar that was to be produced to mark the end of World War I. Interestingly enough, after the making of the 1904 Morgan Dollar, no other silver dollars were produced for circulation until the Peace dollar came along in 1921. At the time, George Morgan was the chief designer at the U.S. Mint and the earlier Morgan dollar was named after George. When the Peace dollar was being designed it was decided to hold a competition for the design of the new Peace Dollar, which was won by a sculpter by the name of Anthony de Francisci.
After the first year of production there were a few changes made to the Peace Dollar. The orginal design was hard to strike and the dies were being broken at a high rate. It was decided for the 1922 Peace Dollar that they would lower the relief. This would make the coins easier to stack and hopefully help with the issue of the breaking dies.
At the end of 1921 production of the Peace Dollar, over 1 million coins had been minted all at the Philadelphia Mint.
1952 Canadian Silver Dollar
The 1952 Canadian Silver Dollar is an interesting collectible. Many coins have histories that make them unique for one reason or another and the1952 Canadian Silver Dollar is no exception. In 1951, the Royal Canadian Mint experienced a manufacturing problem which caused the water lines at the edge of the canoe to rub off during the polishing process. These coins are referred to as the "Arnprior" coins. This resulted in coins that had faint water lines or no water lines at all.
After the manufacturing flaws, the Royal Canadian Mint, in 1952, released coins that did not have water lines at all since the problem could not be easiliy resolved.