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1960's -1970's: Some circulating coins still used silver in their composition, such as 1965-70 Kennedy half dollar coins, which were debased from 90% silver to 40% silver. However, as silver's metal value continued to increase, resulting in additional hoarding by the public, these coins were eventually debased entirely to cupronickel clad coinage .
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
Silver Center J-1 Pattern United States Norweb Heritage Auctions: August 2014 $1,980,000 1874 Bickford $10 Pattern PR-65+ United States Simpson Heritage Auctions January 2022 $1,897,500 1927 $20 United States Morse Heritage Auctions: November 2005 $1,880,000 1804 Class III Silver Dollar United States Berg, Garrett Stack's Bowers: August 2014
On August 3, 1964, Congress passed legislation providing for the striking of 45,000,000 silver dollars. Silver coins, including the dollar, had become scarce due to hoarding as the price of silver rose past the point at which a silver dollar was worth more as bullion than as currency.
Coin collecting, sometimes called numismatics, can be more than a hobby for some. It can be a money-making investment. The same goes for collecting, saving or reselling old paper money. Learn: 5 ...
Here’s a look at the most valuable silver coins and what you can expect to get for them if you find one in your couch cushions. 1794 ‘Flowing Hair’ Silver Dollar. Sale price: $10.02 million.