The American Silver Dollar Eagle is the official silver bullion coins of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the 1 troy oz denomination which has a nominal face value of one Silver dollar coins and is guaranteed to contain one troy ounce of .999 pure silver. It is authorized by the United States Congress and its weight and content is certified by the United States
Mint. The American
Silver Dollar Eagle bullion coins may be used to fund Individual Retirement Account investments. The United States Mint also produces a proof version for coin collectors. The Silver Dollar Eagle has been produced at three mints. One is the Philadelphia mint, and some of those issued there carry a "P" mintmark. In the early years of the series, the San Francisco mint issued proofs and these bear an "S". More recent proofs are from the mint at West Point, New York. The latter
have a
"W" on the reverse, as illustrated.
The Morgan Silver Dollar is a silver United States dollar coin that is highly valued among coin collectors. The Silver dollars were minted from 1878 to 1904 and again for one more year in 1921. The Morgan Silver Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan's monogram appears near Lady Liberty's neck on the obverse. The Morgan Silver Dollar has continued
to be the most collectible
of the silver dollars of all time. It has a fineness of .900, giving a total silver content of 0.77344 troy ounces (24.057 grams) per coin.The Treasury had about 2.9 million Morgans Silver Dollar left in 1964, very scarce Carson City specimens, which the GSA put up for public sale. During fiscal years 1918 and 1919, the U. S. government melted a total of more than 270 million silver dollars As the supplies dwindled, the public finally became interested in the beautiful Morgan
silver Dollar.
The real feeding frenzy came, however, when an amazing hoard of more than 400,000 Morgans Silver Dollar was found in the basement of Nevada miser LaVere Redfield after his death in 1975.