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.
From the beginning of the modern age, silver has become one of the major metals for world trade. Gold coins are very precious and brass or copper not valuable enough. Silver has the perfect balance of rareness and worth to make it the coin of trade around the world. The United States has always minted silver dollars since the end of the American revolution. The first old silver dollars were nearly ninety percent silver and were pressed from hand made dies giving them a hand made look that is loved by collectors.
As the years passed, prices of silver climbed and far outpaced the value of gold. American silver dollars were being refined and melted to exchange for gold. This forced the American mint to stop striking silver dollars until things turned around in 1835. The silver exchange eventually settled down and silver priced dropped. There was a renewed call for the silver dollar. This brought the advent of the Liberty silver dollars.
The new design was by Christian Gobrecht called the Seated Liberty silver dollar. The Liberty design was an instant hit with the American public and was soon struck on nearly every coin in the country. The seated Liberty silver dollar was in circulation until being replaced by the Morgan silver dollar in 1878. Because of the large silver strikes in the Mother Lode of the West, Morgans were soon everywhere causing the value of silver to plummet. Washington soon passed legislation, pushed by powerful silver mine owners, making it a law that every banknote in the United States had to back its face value in the form of silver. The Morgan silver dollar was therefore minted in very large numbers leading to their ease of collection in 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.
Coin collecting with the Internet has never been easier. you can find everything you want, American silver eagle silver dollars, Eisenhower silver dollars and lots of uncirculated silver dollars at your own computer by just visiting some websites. What could be easier for beginning collectors or even someone with an established collection. The excitement of collecting can also bring joy with a growing investment in silver dollars.
Especially with the world's uncertain economy and the rising value of silver, this is one of the best times to start an American silver dollar collection for your enjoyment and your future.
You can get additional free tips about collecting and investing in Old Silver Dollars. You will findgreat satisfaction in beginning a great coin collection ofAmerican Silver Dollars, and the satisfaction isn't bad either.
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