Silver dollars have long been a collector’s dream, but some rare ones are worth a fortune. If you own an old silver dollar, you might be sitting on a hidden treasure. These coins, due to their rarity, historical significance, and minting errors, can fetch thousands or even millions of dollars at auctions. In this article, we’ll explore nine rare silver dollars that could make you rich.
1. 1794 Flowing Hair Silver Dollar
One of the first silver dollars ever minted by the U.S., the 1794 Flowing Hair Silver Dollar is extremely rare. With only a few known to exist, one was sold for over $10 million, making it one of the most expensive coins ever.
2. 1804 Draped Bust Silver Dollar
Despite its year, the 1804 Draped Bust Dollar was actually minted in the 1830s. Only 15 of these coins exist, and they have sold for over $3 million at auctions.
3. 1885 Trade Silver Dollar
The 1885 Trade Dollar was never meant for circulation. Only five are known to exist, making it highly valuable. Some have been sold for over $3 million.
4. 1893-S Morgan Silver Dollar
This is the rarest Morgan dollar, minted in San Francisco. With only 100,000 made and far fewer surviving, a well-preserved 1893-S Morgan Silver Dollar can sell for over $500,000.
5. 1921 Peace Silver Dollar – High Relief
The 1921 High Relief Peace Dollar was the first of its kind. Due to its striking design, collectors are willing to pay high prices, sometimes exceeding $100,000.
6. 1870-S Seated Liberty Silver Dollar
One of the rarest American coins, only about 15-20 of these exist today. A well-preserved 1870-S Seated Liberty Dollar can be worth over $1 million.
7. 1796 Draped Bust Silver Dollar
The 1796 Draped Bust Dollar is another highly sought-after early American coin. With its limited mintage and historical significance, some of these coins have sold for over $500,000.
8. 1851 Seated Liberty Silver Dollar
Extremely rare, only about 1,300 were minted. The 1851 Seated Liberty Dollar is a collector’s favorite and can be worth over $100,000.
9. 1958 Doubled Die Obverse Silver Dollar
Although not as old, the 1958 Doubled Die Obverse Silver Dollar has a unique minting error that makes it valuable. Some collectors have paid over $50,000 for a perfect specimen.
If you have an old silver dollar, it’s worth checking if it’s one of these rare types. Some of these coins are worth small fortunes, and even lesser-known ones can be valuable. Collectors and investors continue to seek these rare silver dollars, making them a valuable asset in the world of numismatics.
0 Comments