Silver Coins in United States Mint History
Silver coins have a rich history in the United States Mint, dating back to the Mint’s establishment in 1792. These coins were widely used in everyday commerce for almost 200 years, making them popular among collectors. The various denominations and series with bullion value have become favorites among numismatists.
Popular Silver Coin Series
The United States Mint has produced a wide range of silver coin series over the years, from Flowing Hair and Draped Bust coinage to Capped Bust, Seated Liberty, and Barber coinage. Additionally, coins like Morgan dollars, Peace dollars, Walking Liberty half dollars, and Standing Liberty quarters have all contributed to the enduring appeal of silver U.S. coins.
Adding to the desirability of these coins is the historical significance of silver being removed from modern coins starting in 1964. While some “prestige” coins like the Eisenhower dollar and the Kennedy half dollar contained 40% silver until the mid-1970s, most circulating coins no longer contained silver. This scarcity has only increased the collectible value of silver U.S. coins.
American Silver Eagle
One standout coin in the U.S. Mint’s silver bullion lineup is the American Silver Eagle, which was introduced in 1986. This coin has become one of the most popular silver bullion and investment coins worldwide, known for its iconic design and high silver content. In addition to bullion coins, the Mint continues to produce commemoratives, Proofs, and special numismatic issues made from silver alloy, catering to a wide range of collectors’ preferences.
The history and variety of silver coins produced by the United States Mint have made them a sought-after collectible for both numismatists and investors alike.