Silver Dollar Values – When Is a Dollar Not a Dollar?

Silver dollar values can vary widely, depending upon the particular coinage in question. The United States has minted several different silver pieces throughout its history, including the Liberty head, the Morgan, the Peace, and the Eisenhower. While many of these may only be worth face value, others in this category, such as the fabled 1804 silver dollar, have been sold for a small fortune.

Even though you may not have a collection worth millions, it's important to realize that currency from the same year and of the same type can have wide variations in worth depending upon several factors involving the individual piece of currency. Uncirculated currency is generally worth more than lightly circulated or heavily circulated. Silver dollar values will also fluctuate with the supply and demand of individual items of currency. Those coins with the smallest supply coupled with a large demand are, as one would expect, more valuable in terms of sale. By contrast, coinage that is still actively minted will typically be less valuable.

There are pricing guides available to help you determine the value of any coinage in your collection. The following is a list of the most commonly recognizable types of silver dollars and their minting dates:

Susan B. Anthony - minted from 1979 to 1981, and again in 1999 Eisenhower - minted from 1971 to 1978 Peace - minted from 1921 to 1955 Morgan - minted from 1878 to 1904, and again in 1921 Seated Liberty - minted from 1840 to 1873

There is also trade coinage which was used by the U. S. for trade overseas with other countries. Silver dollar values for these coins can vary widely, depending upon the condition and any markings that may have been placed by other countries for legal tender verification. Like other currency both in and out of circulation, silver dollar valuation is a fluctuating market. Those who collect for enjoyment typically need not concern themselves with these fluctuations, other than the cost of obtaining a wanted coin. Investors, however, have to watch the numismatic values carefully, in order to maximize their profit potential with regards to their silver dollar values.