Trade dollars were struck for circulation until 1878, with limited-edition pieces for collectors dated as late as 1885. Not designed for expansive use in United States commerce, Trade dollars were largely shipped overseas and saw limited use and restricted legal tender status in the U.S. government created a special type of silver dollar created for paying these merchants. In the late 19th century, new avenues of trade were opening up between Asia and the United States, and this meant more goods from China being brought into America. Liberty Seated dollar values range from about $250 for well-worn condition on into the thousands of dollars for uncirculated specimens. These coins were struck until 1873, and all are scarce. This new design incorporated the Liberty Seated design - which features a portrait of a seated Miss Liberty on the obverse (head’s side) and an eagle on the reverse (tail’s side). Mint began striking silver dollars for circulation in 1840. The most famous of these silver dollars is the 1804 Draped Bust dollar - which is known as “the King of American coins” and worth more than $1 million! Liberty Seated Dollar ValuesĪfter a decades-long hiatus beginning in 1804, the U.S. These are both worth about $1,000 and up. There are two major types of early silver dollars - Flowing Hair dollars and Draped Bust dollars. Let’s look at the pre-1878 silver dollars and what they’re worth… Flowing Hair & Draped Bust Dollar Values The first official United States silver dollars were made in 1794, and they were made in spurts throughout the 19th century until the first Morgan dollar was minted in 1878. So here you go… Early Silver Dollar Values (1794-1877) Regardless, most people who come across silver dollars want to know what they’re worth - I mean, what they’re really worth. Some employees even get them as tips from their customers.In many other cases, someone finds old silver dollars in a dresser, closet, or attic.Some receive a silver dollar as a gift or inheritance from an older loved one, friend, or neighbor.Those types of coins always have a collector value.Valuable Pennies: How To Tell If You Have A Penny Worth A Lot Of Money Think You Found A Silver Dollar Worth Money?įor most of us, silver dollars come into our lives in a variety of interesting ways: However, never make the mistake of selling a dollar coin from 1877 or older just for silver. As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. If you are looking to sell silver dollars then it will be important to determine if you have a desirable collector coin or if most of the value is based in the coin’s bullion value derived from its silver content. You will also learn how mintmarks and other small variations can make two seemingly similar coins be worth vastly different amounts. You will learn how the condition (aka grade) of a coin greatly affects its value and desirability. We have information and value data for one dollar coins worth anywhere from $15 to $10,000,000, and just about every price point in between. Our guide covers silver dollar coins issued by The United States from 1794 up until 1935. The US doesn’t make any coin nearly as impactful or cherished as the old silver dollars that used to be a part of everyday life many decades ago. They are large, heavy, and impressive coins to hold in your hand. Silver dollars are extremely popular with collectors.
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