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| Above, a 1928 Peace Silver Dollar. Photo by Armand Vaquer. |
I was ten years old when the U.S. Mint decided to end producing silver coins the following year and only produce copper clad coins. Some had some silver content, about 40%.
Only the 1964 Kennedy half dollar contains 90% silver.
The Mint produced Peace silver dollars with 90% silver content until 1935. When the Eisenhower dollar was introduced in 1971, it had only 40% silver content until 1974.
Today, if one should get their hands on a silver dollar, whether in a jar of saved coins or in pocket change, that dollar may be worth 40 times the value.
The Daily Express US posted an article on the value of silver dollars, especially ones made in 1935 and earlier.
They begin it with:
If you have some dollar coins hanging around the house, and they've been there for a while, you may want to give them a closer look as you could have small treasure on your hands.
A typical dollar coin is worth just that — one dollar — but there are dollar coins that are actually silver dollars and could be worth $40 each if they were issued in 1935 or earlier.
Everett Millman, managing editor at Gainesville Coins, explains what the difference is and how to spot one of the more valuable coins.
To read more, go here.
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