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.
The price of silver in the early days of America started to rise higher than gold. This led to the melting of old silver dollars to trade for gold coins. The United States mint had to stop striking silver dollars until prices stabilized in 1835. Silver prices calmed and the high price of silver settled to a normal place once again. This led to re-minting of American silver dollars. The first Liberty silver dollar began to be struck around this time.
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.
Their shear numbers has made the Morgan silver dollar the simplest American silver dollar to get hold of. So many of these were manufactured at five mints in the U.S. that the collector can find many variations and dates. The Morgan is the perfect silver dollar coin for a novice to collect.
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.
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.
You can Receive additional free information about collecting and investing in Old Silver Dollars. There is great reward in starting a great coin collection ofAmerican Silver Dollars, and the satisfaction isn't bad either.