America has a strong relationship with the dollar, it is for that reason the United States Mint has produced a variety of the legal tender both in paper gold coin, silver coin and other metal varieties. Over time there were a variety of silver dollar coins in the nation, some featured Presidents others had historic figures, but they were all American silver dollars.
After the American Revolution, the first organized legal tender process was created by the Coinage Act of 1792. It was that legal maneuver that authorized the production of silver dollars. When it came to mint American silver dollars, the Spanish silver dollar was the inspiration for the design. Eventually two main options (Flowing Hair and Draped Bust ) made the rounds and there are dozens of different varieties of these two silver dollar designs in existence.
Since those very first official silver dollars were first minted, there have been several other variations of silver dollars. Options include the 1804 silver dollar (minted in 1834), the seated Liberty dollar, Liberty silver dollars, Morgan silver dollars, trade dollars and many more. While all of them are silver dollars of value, some of those silver dollars get their true value from history, not the silver content within. Both coin collecting and investing in silver dollars have a long history in America, so newbies to the tradition are advised to choose a lane, either become a numismatic or a precious metal buyer.
For those who favor the latter, buying silver proof coins or silver American Eagles are an excellent starting point. The are manufactured and guaranteed by the United States Mint for content, purity and weight. While they may not be the most valuable silver dollars to add to a silver investment portfolio, they are attractive and affordably priced, making it easy to buy silver.
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