Historic
U.S. Silver Coins
Although the United States has a long history
of silver coinage, two silver coins stand out as the
most popular among collectors and investors: the Morgan
and Peace series of silver dollars. The largest and
heaviest silver dollars minted for domestic use since
the Civil War, each coin contains 0.77344 ounces of
pure silver.
A great many silver dollars were destroyed by government*
and private melting. This destruction greatly reduced
the number of surviving silver dollars – especially
those in Mint condition.
While the available supply of Morgan and Peace dollars
has diminished, demand from collectors and investors
has increased. This broad demand is evidenced from
the sale of the Redfield hoard of silver dollars (handled
by our parent company) in 1976 through our own distribution
of the Binion
Collection of silver dollars and today. A number
of collectors are engaged in building complete silver
dollar sets, while investors typically focus on these
coins for their scarcity, quality, and value.
Click on the silver U.S. coins below to learn more
about them.
* One Congressional act alone, the Pittman Act of
1918, resulted in the wholesale recall and melting
of over 270 million dollars into silver bullion. |
