Silver Dollar Buyers in Las Vegas | Where to Sell Silver Dollars

Nevada Coin Mart is home to professional silver dollar buyers. As the store that pays the most cash for the value of silver dollars, NCM is the best place where you can sell silver dollar coins.

Brief History

The silver dollar coin is one version of the dollar coin of the United States. It is considered the second-largest U.S. coin in terms of physical size that is currently minted for circulation next to the half dollar. Other dollar coins have also been minted in the United States since 1794 in gold and base metal versions. Specifically, the Coinage Act of 1792 authorized the production of silver dollar coins. From 1794 to 1803, the United States produced silver dollar coins, then ceased its regular production until 1836. 

The first silver dollars were primarily coined for distribution from 1794 to 1804 as souvenirs to dignitaries. They were produced in varying quantities with two obverse designs, the Flowing Hair and Draped Bust. Also, there are two reverse designs used for silver dollar coins that were used for the Draped Bust variety, such as the Small Eagle and Heraldic Eagle. From this period, the silver dollars were deemed highly valuable by coin collectors, ranging from common to rare designs and structures. 

Initially, the dollar coins’ production was done to save the cost of printing one-dollar bills. However, most Americans still opted to use the paper bill. As a result, the Mint decided not to produce dollar coins for general circulation purposes on December 11, 2011. Instead, dollar coins were produced specifically for collectors after that date, which can be ordered directly from the Mint. These details can help you look for silver dollar buyers better.

Value of Silver Dollars

The silver content of a silver dollar coin is an important consideration to determine its price. That is why if you are planning to sell your silver dollar coin, you might want to keep track of the current spot price of silver. Your silver dollar coin’s price is determined through the spot of silver at the time the selling and buying transaction is held. Pricing trends of silver may go and up due to marketing schemes and developments and other factors. Learn more about the spot price of silver here: https://www.kitco.com/charts/livesilver.html

Where to Sell Silver Dollars

Nevada Coin Mart is the best place for you to sell your silver dollar coins and even junk silver coins. We are home to expert who are knowledgeable on coins, making us the best out of all silver dollar buyers out there. The owner, Neil Sackmary, pays the highest amount of cash compared to all silver dollar buyers in Las Vegas. Bring your silver dollars to our store today to get a free quote.

Sell Silver Dollar

Today, the value of a silver dollar depends on several factors like its age, condition or grade, origin, and its particular variety. There are other important factors also to determine the value of a silver dollar. These include the date, mintmark, errors, and varieties, and the grade or overall condition.

First, the date is usually found on the obverse part of the coin. Second, the mint mark will help you identify where the coin was minted. These details matter to most silver dollar buyers, which means they can influence the value of your silver dollars. The mintmark is sometimes found on the edge of the coin. Third, if there are unusual markings on your silver dollar coins, there are often considered errors or varieties from post-mint damage. However, there are many types of errors and die varieties that can increase your silver dollars’ value. That is why you must know very well how to spot them on your coins. 

How to Sell Silver Dollars

In terms of the silver dollar’s grade and overall condition, numismatists basically categorize them into circulated and uncirculated. An uncirculated silver dollar is more valuable than the circulated. The condition of the coin, especially its wear-based grade, determines its value. That is why it is important that you leave your coins in their original forms and not clean them. It is said that cleaning removes important elements of the coin like its patina and sometimes a very thin layer of metal. These elements when removed from the coin can never be repaired or restored.

Silver Dollar Buyer

Nevada Coin Mart pays the most cash among all silver dollar buyers in Las Vegas. Hence, we are the best place to go where you can sell your silver dollars. The following are some of the major types of silver dollars since the United States Mint began its production in 1974:

  • Flowing Hair Dollar (1794–95)
  • Draped Bust Dollar (1795–1804)
  • Gobrecht Dollar (1836–1839)
  • Liberty Seated Dollar (1840–1873)
  • Trade Dollar (1873–1885)
  • Morgan Dollar (1878–1921)
  • Peace Dollar (1921–1935)
  • Eisenhower Dollar (1971–1978)
  • Commemorative Dollars (1983–present)
  • American Silver Eagle One Dollar (1986–present)

Best Silver Dollar Buyer

Nevada Coin Mart is, by far, the most favored silver dollar buyer in the entirety of Las Vegas. We examine items upfront so clients can monitor the staff as we handle their items. Our store is open 365 times a year, from 9 am to 6 pm. Visit us at Nevada Coin Mart 4065 S. Jones Blvd Las Vegas, NV 89103, or call us up at 702-998-4000. You are absolutely at the right store with the best customer service for a worthwhile transaction of your silver dollar coin items. 

References:

https://en.wikipedia.org/wiki/Dollar_coin_(United_States)#Early_dollar_coins

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