If you love collecting coins, there are some silver dollars that could be worth a fortune. Many of these coins are rare, and collectors are willing to pay big money for them. In this article, we’ll talk about 8 ultra-rare silver dollars that are at the top of collectors’ wish lists. Keep reading to find out which ones could make you rich!
1. 1794 Flowing Hair Silver Dollar
The 1794 Flowing Hair Silver Dollar is one of the first coins ever made by the U.S. Mint. It’s incredibly rare, with only a few known to exist. Some collectors consider it the holy grail of silver dollars, and it has sold for millions of dollars at auctions.
2. 1804 Draped Bust Silver Dollar
The 1804 Draped Bust Silver Dollar is another very rare coin. Only 15 of these coins are believed to have been made, and they are highly sought after by collectors. Some of them have sold for over $4 million!
3. 1893-S Morgan Silver Dollar
The 1893-S Morgan Silver Dollar is one of the most valuable silver dollars from the famous Morgan series. With a low mintage of only around 100,000 coins, this rare silver dollar can be worth a fortune in good condition.
4. 1921 High Relief Peace Silver Dollar
The 1921 High Relief Peace Silver Dollar was made with a special design to honor the end of World War I. It was only minted for one year, and its high relief makes it stand out from other coins, which makes it rare and valuable today.
5. 1870-CC Carson City Morgan Silver Dollar
The 1870-CC Morgan Silver Dollar was minted in Carson City, Nevada, and is one of the rarest Morgan dollars. Only a few of these coins were made, and they are highly prized by collectors. A well-preserved 1870-CC can fetch a high price.
6. 1799 Draped Bust Silver Dollar
Another extremely rare coin is the 1799 Draped Bust Silver Dollar. The coin is rare because of its age and limited mintage. It is one of the most popular silver dollars among collectors.
7. 1889-CC Morgan Silver Dollar
The 1889-CC Morgan Silver Dollar is another coin from the Carson City mint. It’s rare because not many were made, and they are hard to find in good condition. A high-grade 1889-CC coin can fetch over $1 million!
8. 1878 7/8 Tail Feathers Morgan Silver Dollar
The 1878 7/8 Tail Feathers Morgan Silver Dollar is a coin that has an interesting mistake – the “tail feathers” on the eagle’s wing are incomplete. This error makes the coin rare and more valuable, with collectors willing to pay a lot for it.
These 8 ultra-rare silver dollars are highly sought after by collectors, and some can make you rich if you happen to own one. Whether you’re an experienced coin collector or just starting, keep an eye out for these valuable silver dollars. You never know, you might be sitting on a treasure without even realizing it!
1. What makes a silver dollar valuable?
The value of a silver dollar depends on factors like rarity, condition, and demand. Some coins, like the 1794 Flowing Hair Silver Dollar, are extremely rare and valuable because only a few exist.
2. How can I tell if I have a rare silver dollar?
To identify a rare silver dollar, look for the coin’s mint year, design, and condition. Coins with low mintage numbers and special features are usually more valuable.
3. Why are the 1794 and 1804 silver dollars so expensive?
These coins are extremely rare because they were among the first U.S. silver dollars ever minted, with very few still in existence. Collectors are willing to pay millions for these historical coins.
4. Are there any other rare silver dollars besides the ones mentioned?
Yes! Many rare Morgan and Peace silver dollars are also valuable. Coins with errors, like the 1878 7/8 Tail Feathers Morgan, can be particularly valuable.
5. How can I sell my rare silver dollar?
You can sell rare silver dollars through coin shops, online auction sites, or specialized dealers. Always have the coin appraised to understand its true value before selling.
