Click to verify BBB accreditation and to see a BBB report.

Have questions?
1-800-613-9323
Call us toll free.

 
Shopping Cart (0)
Cart Total: $0.00
shopping cart

Circulated U.S. Silver Dollars
Recommended for bulk silver buyers

Printer Friendly Version

Morgan silver dollars
1921 Morgan silver dollars
Peace silver dollars

Silver coins - Morgan Silver Dollar, obv Silver coins - Peace Silver Dollar, obv

Circulated U.S. silver dollars offer all the benefits of silver bullion plus extra benefits like limited supply, collector demand, complete financial privacy, and extra premium potential because of scarcity. Yet they are far less expensive than Brilliant Uncirculated silver dollars, which makes them an outstanding value in bulk silver.

Better than bullion

Unlike modern bullion coins such as American Silver Eagles, which are produced in virtually unlimited quantities each year, U.S. silver dollars were minted during the late 19th and early 20th centuries and are relatively scarce today. This scarcity can mean higher premiums during periods of peak demand. In our opinion, they're better than bullion for bulk silver buyers.

Circulated U.S. silver dollars are typically available in several grades reflecting their degree of wear. The less wear on a circulated coin, the greater the value, all other things being equal. Almost Uncirculated (AU) are the closest to unworn, followed by Extra Fine (XF), Very Fine to Extra Fine (VF-XF), Very Fine (VF), Fine (F), and Very Good (VG). The official Red Book description for each grade is in the charts below.

We typically offer three different kinds of circulated U.S. silver dollars: pre-1921 Morgan dollars, 1921 Morgan dollars, and Peace dollars. Each coin is 38.1 mm in diameter, weighs 26.73 grams, and contains 0.77344 ounces of pure silver. Please speak with an account manager at 1-800-613-9323 for current availability and pricing.


Morgan silver dollars

Morgan silver dollars are one of the most widely-collected U.S. silver coins. Minted between 1878 and 1904, and again in 1921, they are avidly sought for their high silver content, superb minting, and true scarcity. In circulated grades, they offer all the benefits of silver bullion plus the added premium-potential and security of scarce collectible coins but at lower cost-per-coin than in Brilliant Uncirculated grades.

Click images for enlargements. Call for current pricing and availability.

   Grade Description
AU Traces of light wear on many of the high points, at least half of the mint luster remains.
XF Light wear throughout, features are sharp and well defined, some mint luster remains.
VF Moderate wear on the high points of the design, all major details are clear.
F Moderate to considerable even wear. The design remains bold.
VG Well worn with main features clear and bold, although rather flat.


1921 Morgan silver dollars

The 1921 Morgan dollar could be considered a one-year type coin unto itself. After 1904, with national silver bullion supplies all but exhausted, the government suspended coinage of silver dollars altogether. In 1918, under the Pittman Act, more than 270 million silver dollars were melted down for bullion. By 1921, with the U.S. economy booming after World War One, the need for silver dollars became acute so the government resumed production for less than a full year with a few minor refinements, until the newly-authorized Peace dollar design was rolled out in late 1921.

Click images for enlargements. Call for current pricing and availability.

   Grade Description
AU Traces of light wear on many of the high points, at least half of the mint luster remains.
VF-XF Light to moderate wear on the high points of the design, details clear to sharp.
VG Well worn with main features clear and bold, although rather flat.


Peace silver dollars

Peace silver dollars were first minted in 1921 to commemorate the end of World War One and celebrate America's emergence as a major world power. By 1935, production of Peace dollars was halted because of the Great Depression, and the U.S. would never again mint a dollar coin from real silver. The Peace dollar remains a symbol of unwavering American optimism and resilience during the best and worst of times, and will always be treasured as the last true American silver dollar.

Click images for enlargements. Call for current pricing and availability.

   Grade Description
AU Traces of light wear on many of the high points, at least half of the mint luster remains.
VF-XF Light to moderate wear on the high points of the design, details clear to sharp.
VG Well worn with main features clear and bold, although rather flat.

Call 1-800-613-9323