Melt Values of U.S. Silver Coins
| Coin |
Composition |
Melt Value Updated 11/18/2022 |
| Morgan Dollar (1878-1921) |
90% Silver |
$16.40 |
| Peace Dollar (1921-1935) |
90% Silver |
$16.40 |
| Eisenhower, Silver (1971-1976) |
60% Copper, 40% Silver |
$6.70 |
| American Silver Eagle $1 (1986-Date) |
99.93% Silver |
$21.21 |
How can you tell a fake silver dollar?
Metal Composition of Morgan Silver Dollars
An easy way to detect if your coins is fake is to check to see if it’s magnetic. Precious metals, such as gold, silver, platinum and palladium aren’t magnetic, so if your coin is attracted to a strong magnet, such as an earth magnet, then you can be sure that it’s fake.
Is a silver dollar real silver?
Generally speaking, United States Silver Dollars dated 1935 or earlier are made from 90% silver, 10% copper – with a total silver content of around 0.77-0.78 troy ounces. However with silver dollars from 1965 onwards, things get more complex.
What silver dollar is worth the most?
The most expensive silver dollar coin ever sold at an auction was a Special Strike Flowing Hair Silver Dollar for the astounding amount of $10,016,875.
How much is a silver dollar worth now? – Related Questions
Is it worth keeping silver dollars?
If you own any common Morgan or Peace silver dollars that are in worn condition, these are usually worth very close to the current price of an ounce of silver. Rarities or those in exceptionally good condition can be worth hundreds or even thousands of dollars.
How do I know if my silver dollar is worth money?
Two of the primary ways to determine the value of a silver dollar is its melt value—value determined by the mass of silver contained in the coin itself—and for the rarity of the coin. The melt value of a coin can be determined in an approximate way, based off the value of the precious metal within the silver dollar.
What year of silver dollars are worth money?
The “holy grail” of all silver dollars is a 1794 Flowing Hair, which is believed to be the first silver dollar ever struck by the United States. Numismatist and coin dealer Bruce Morelan bought the coin in 2013, spending $10 million to own this insanely rare coin.
What is a 1776 to 1976 dollar worth?
According to the NGC Price Guide, as of November 2022, a Eisenhower Dollar from 1776-1976 D in circulated condition is worth between $1.05 and $1.50.
How much is a 1972 silver dollar worth today?
1972 D Eisenhower Dollar Value
According to the NGC Price Guide, as of November 2022, a Eisenhower Dollar from 1972 in circulated condition is worth between $1.05 and $1.50. However, on the open market 1972 D Silver Dollars in pristine, uncirculated condition sell for as much as $2000.
What makes a 1971 silver dollar rare?
The rare variety of the San Francisco minted 1971 Proof Eisenhower one-dollar coin does not have the serifs at the bottom of the vertical leg on the “R” in LIBERTY. Some researchers believe that this variety was caused by over-polishing the Proof dies (a.k.a. die abrasion).
How can I tell if my 1971 dollar is silver?
If a solid copper stripe exists, then one can assume that they have a clad Eisenhower silver dollar in their possession; however, if a solid silver stripe can be seen, then you likely have a 40% silver coin in your collection.
Do banks have silver dollars?
Yes, you can buy American Silver Eagle coins at a bank. The U.S. Mint indicates that it sells Silver Eagles to authorized purchasers.
Is a 1971 silver dollar pure silver?
From 1971-1974, the new dollar was minted with two different compositions: one for collectors, “as an alloy of 800 parts of silver and 200 parts of copper,” at the San Francisco Mint; the other for circulation (75% copper and 25% nickel), at the Philadelphia, Denver, and San Francisco Mints.
What makes a 1976 silver dollar rare?
A silver 1976 bicentennial dollar that was struck without the “S” mintmark is considered one of the rarest modern coins. The bicentennial coins were first struck as strike trials in proof, with only one example of each coin. This 1776 to 1976 silver dollar value is yet to be determined.
Are Susan B Anthony dollars worth anything?
Anthony dollars circulated, many remain available in uncirculated condition and are worth little above face value. However, some date and mint mark varieties are relatively valuable. The 1981 coins, having been issued only to collectors, are valued above the other circulation strikes in the series.
Are Eisenhower dollars worth keeping?
According to the Numismatic Guaranty Company (NGC) Price Guide, an Eisenhower Dollar from 1972 in circulated condition is worth between $1.05 and $1.50, as of October 2022. However, on the open market, 1972 D Silver Dollars in perfect, uncirculated condition sell for up to $2,000.
Are Kennedy half dollars worth anything?
Kennedy half-dollar coins are not very rare and most of them are worth only their face value of 50 cents. However, some are more valuable, depending on the year they were minted and their condition. For example, a Kennedy half-dollar coin minted in 1970 and in uncirculated condition is worth about $8.
What makes a 1776 1976 Eisenhower Dollar rare?
The 1776-1976 Eisenhower dollar is rare if it is made of silver, uncirculated, and proof.
Are all 1971 1976 Eisenhower Dollars 40% silver?
The Eisenhower Dollar was conceived by the US Mint in 1969 and finally put into production in 1971. While the Eisenhower Dollar was issued from 1971 to 1978, only coins issued in BU and Proof versions from 1971 to 1976 had 40% silver.
How much is a 1971 Eisenhower $1 worth?
According to the NGC Price Guide, as of November 2022, a Eisenhower Dollar from 1971 in circulated condition is worth between $1.05 and $1.50. However, on the open market 1971 D Silver Dollars in pristine, uncirculated condition sell for as much as $2350.