Capital Treasures

It is hard to affirm what the cost of a silver coin is today. Silver dollars were first issued in the United States of America in 1794. Nevertheless, not all coins are of high value though they have a long history. The US mint used to issue a large number of silver money. But nowadays it is only a thing of the past, since it was removed from circulation a long period of time ago & is issued mainly for numismatists.

Possessors of silver dollars are very interested in the value of their collections. The older – the more expensive. The age of a silver coin is thought to be one of the principal criteria that impacts upon its value. The US mint is thought to have produced only 2000 coins of the 1794 silver money and Flowing Hair Liberty silver dollars. So, they are viewed to be of high value. The silver dollars coined a year later, for instance, can be found much easier &, as a result, are of lower value. The older silver dollars would be more expensive, but for their quite poor condition. The rarer – the better. Another criterion that effects the price of a coin is how rare it is.

A significant number of silver dollars are rarities, but the rarest silver money known is the 1804 silver coins that are also among the most valuable silver money in the world. Their high value can be explained by the fact that they were thought to be the only coins minted in 1804. Years later, other silver coins proved to have been minted in the same year but mistakenly dated 1803. The changes were never made due to significant expenditure associated with the procedure. It was decide to issue a limited number of the Silver dollars issued in 1804 in the year of 1836. Fifteen pieces are allged to have ben coined.

The coins were designed for foreign leaderships & VIPs, but not for circulation. One of the Silver dollars minted in 1804 came onto the monetary market at the end of the previous century & was priced at $4 mln.Among other of high value silver coins are the 1878, 1891, 1893 CC Morgan Silver Dollars & the Peace Silver Dollar minted in 1928.They are of exceptional interest to owners of rare coin collections and are most often looked for. You can find their cost on the Internet. There are a lot of Internet where you can obtain this sort of information. There you can also find a price-list of other silver dollars that are less valuable but are of interest to collectors as well.

Depending on how rare silver coins are their rates may range from face value to several hundred dollars.Though having been in circulation for a short period of time, silver coins are among the most popular collector’s items these days because of their large size and quite interesting stories connected with them.