Silver Dollar Information And It's Value

An old farmer by the name of Lavere Redfield began to accumulate a huge supply of them. He was a savvy investor and lived as though he had nothing. At the time of his death in the 1970's, he left an estate valued at over 100 million dollars. Among his assets were a cache of Morgan's so large that no one had ever come across such a large hoard. It seems that over the years Redfield would visit a bank and buy bags of 1000 Morgan Silver Dollars at one time, driving them home in his old pickup truck. At the time he was able to purchase the coins for only $1 each. Upon his death, a mountain of silver coins were found in his basement, to the tune of 400 bags. 400 bags of coins with each bag containing 1000 coins. Even at face value would have been $400,000, however the coins went to auction and fetched over 7 million dollars!


Morgan Silver Dollar

Few coins have been as popular and highly valued by the public and coin collectors as the Morgan Silver Dollar. From 1878 to 1904, the Morgan Silver Dollars could be seen in the hands of many. Several years went by until they resumed minting the Morgan for one year in 1921. This beautiful coin earned its name from George T. Morgan, the designer responsible for the front and back of the coin. In fact, his monogram is on the back side of the coin near Liberty's neck. Morgan silver dollars are made with 0,77344 troy ounces of silver per dollar. Although there were many Morgan silver dollars floating around, few of them were from Carson City, making them somewhat rare and very much sought after. When it comes to American Silver Dollars, the Morgan Silver Dollar still is the dollar that seems to interest the public the most.

http://coins.about.com/od/famousrarecoinprofiles/p/morgan_dollar.htm

Silver Dollar Values - A Real Investment

There are many coins that are desired by collectors some collect American coins, other roman coins some are even collecting silver dollars only. There is not a huge amount of silver dollars to collect but the ones you should look into are the ones where the silver coin values will increase through time.

Unlike many other coins, the silver dollar values can be easily found on the internet. This should help you determine which silver dollar you should add to your collection. This information should help you pick which silver dollar will give you good value for your money. You can choose coins like the Morgan Silver dollar or the Peace Silver dollar as they are great coins to add to your collection.

http://silver-info.blogspot.com/2010/01/silver-dollar-values-real-investment.html

American Silver Dollar Eagle

This coin is an official silver bullion coin that has been seen throughout the United States for many years. It was first released to the public in 1986. It is a denomination of one Silver dollar and struck with 1 troy ounce, guaranteeing the coin to be .999 pure silver. The creation of this coin came from the authorization of the United States Congress. This coin has been produced in San Francisco, Philadelphia and West Point, New York. The front of this coin has Liberty walking while the back displays a huge eagle with a shield in front of it and thirteen stars above its head. The American Silver Dollar Eagle is used to fund Individual Retirement Accounts (IRA).

http://wiki.answers.com/Q/How_much_is_an_1901_American_silver_dollar_worth

Peace Silver Dollar

The Peace Silver Dollar is another of the popular American Silver dollars that have interested collectors and the public in general since it first was introduced in 1921. The Peace Silver Dollar took over for the Morgan Silver Dollar when its production was halted. What made this dollar special to the world was that it was a commemorative coin to celebrate the end of World War I. The designer of this coin was Anthony de Francisci. The Peace Dollar was minted from 1921 to 1928, then again in 1934 and 1935 and for a short time in 1965. The front of this coin has the bust of Lady Liberty with an eagle on the back. The words PEACE are on the bottom of the reverse of the coin.