American Silver Dollars Still Shine Brightly As The Best Old Silver Dollars

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Since the first days of America, the silver coin of choice has been the dollar. They have symbolized the lasting strength of the United States for over 200 years. American silver dollars are still sought by new and veteran coin collectors of all ages. They are not only beautiful works of art, they have a rich history being struck in silver dollar mints across the country.

Being able to be transported has led silver to be the preferred metal for coinage. Gold is too valuable to be in large circulation and copper or brass was too common. There has always been a trade in silver coins throughout history around the world. The silver dollars we know today were originally worth their face value, one United States dollar beginning right after the revolution, in the late 1770s. These were struck from hand engraved dies giving each coin a different look. This variation in design from coin to coin makes them unique and special to collectors.

Gold lost it's value to silver soon after the early 1800s. Old silver dollars were being liquidated to trade for gold and gold coins. There was a stoppage of the minting of American silver dollars until this monetary crisis evened out. The price of silver dropped to more sane levels in 1835. At that time, the mint started to strike silver dollars once again. A new design was called for and the famous Liberty silver dollar made its appearance.

The first design was the seated Liberty, designed by Christian Gobrecht. The design for the seated Liberty silver dollars was so popular that it was used on nearly all of America's silver coins of that era. This favorite design lasted until it was replaced in 1878 by the now famous Morgan silver dollar. These coins took advantage of the large silver strikes in the American west and soon the country was glutted with silver, driving it's value down. This caused the mine owners to lobby Washington to make it mandatory for the U S Mint to back each bank note with a silver dollar to insure its worth. That is why there were so many American silver dollars in circulation in the middle of the 1900s.

The value of Morgan silver dollars have kept them the easiest silver dollar to collect. There were so many of these struck in 5 different silver dollar mints across the country that there are many variations of series and dates to collect. Beginning coin collectors will do well to start off with a good grouping of Morgan American silver dollars valued at today's prices.

These days with the advent of the Internet coin collecting is very easy. Any collector can find American silver eagle dollars, Eisenhower silver dollars and even uncirculated proof sets without having to leave home. This has made it a snap for beginning collectors as well as seasoned pros. The joy and excitement of coin collecting can also be a smart investment.

With the change in the world's economy and silver's rising value, there has never been a better time to buy American silver dollars and grow your collection for fun and profit.


About the Author:
You can get more valuable tips about collecting and investing in Old Silver Dollars. There is great reward in beginning a great coin collection ofAmerican Silver Dollars, and the satisfaction isn't bad either.



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