US silver dollar coins
The very first lot of silver coins to be produced in America took place in 1794. since that time the US government has minted several noteworthy batches at different points in it's history.
Silver dollar actually became the term which was used to refer to any large white metal coin that was issued by the US government. It had to have a face value of one whole dollar.
On the other hand, there are some who strictly maintain that in order for a coin to be termed as a silver dollar it must have had a face value of one dollar when it was first minted regardless of it's value today.
The 1804 coin was actually a result of a book keeping error but over the years it has established quite a reputation. The 1804 silver dollar coin is now the undisputed king of all silver dollar coins from the US. This coin was actually struck in 1804 but bears the date of 1803.
Due to its initial popularity the 1804 silver dollar remained in circulation for many years and was actually reproduced some 30 years later. At this time the US had just begun its ascendancy as an international player with diplomatic relations with other countries all over the world. This coin was often given as an official gift to visiting dignitaries.
Today 1804 silver dollars are very hard to come by. In fact most estimates say there are only around twenty or so in the world. If you did by some chance happen to find one of these coins in the attic you could easily get more than two million dollars for it.
The seated liberty dollar was first minted in 1840. Although initially quite popular it was gradually replaced by more recent issues that came several years later.
The dollar came into circulation during a brief period of its life until the value of silver actually became worth more than the face value of the coin.
The silver dollar was the preferred currency with many merchants in Asia where it stayed on in use while it's popularity in the Us dwindled. This changed in the 1870's when due to a fall in silver prices the silver dollar came back into use in the US again.
This unique silver trade dollar coin was actually produced in response to the trade coins of other Western powers. Foremost amongst the competitors were Great Britain, France, Mexico and Spain.
The Trade Dollar was far more valuable than the average dollar coin. This is because it was made using a higher silver content. This was purposely done in order to bring it at par with the global standard.
Most of the trade dollars issued ended up in Asia due to the growing international trade with those countries at that time. Al in all the trade dollar had a good reputation and was internationally accepted as a trustworthy medium of exchange.
The trade dollar had a sale value of $5 in the USA when it was issued. However, it should be noted that the trade dollar was never actually issued to be used as internal currency within the USA. - 23162
Silver dollar actually became the term which was used to refer to any large white metal coin that was issued by the US government. It had to have a face value of one whole dollar.
On the other hand, there are some who strictly maintain that in order for a coin to be termed as a silver dollar it must have had a face value of one dollar when it was first minted regardless of it's value today.
The 1804 coin was actually a result of a book keeping error but over the years it has established quite a reputation. The 1804 silver dollar coin is now the undisputed king of all silver dollar coins from the US. This coin was actually struck in 1804 but bears the date of 1803.
Due to its initial popularity the 1804 silver dollar remained in circulation for many years and was actually reproduced some 30 years later. At this time the US had just begun its ascendancy as an international player with diplomatic relations with other countries all over the world. This coin was often given as an official gift to visiting dignitaries.
Today 1804 silver dollars are very hard to come by. In fact most estimates say there are only around twenty or so in the world. If you did by some chance happen to find one of these coins in the attic you could easily get more than two million dollars for it.
The seated liberty dollar was first minted in 1840. Although initially quite popular it was gradually replaced by more recent issues that came several years later.
The dollar came into circulation during a brief period of its life until the value of silver actually became worth more than the face value of the coin.
The silver dollar was the preferred currency with many merchants in Asia where it stayed on in use while it's popularity in the Us dwindled. This changed in the 1870's when due to a fall in silver prices the silver dollar came back into use in the US again.
This unique silver trade dollar coin was actually produced in response to the trade coins of other Western powers. Foremost amongst the competitors were Great Britain, France, Mexico and Spain.
The Trade Dollar was far more valuable than the average dollar coin. This is because it was made using a higher silver content. This was purposely done in order to bring it at par with the global standard.
Most of the trade dollars issued ended up in Asia due to the growing international trade with those countries at that time. Al in all the trade dollar had a good reputation and was internationally accepted as a trustworthy medium of exchange.
The trade dollar had a sale value of $5 in the USA when it was issued. However, it should be noted that the trade dollar was never actually issued to be used as internal currency within the USA. - 23162
About the Author:
Ray Humphreys writes about purchasing and collecting silver coins. If you would like for facts go to his page on USA Silver Dollars.
posted by X - Men @ 7:44 AM
0 Comments
