There are a lot of famous silver coins in the world, but, possible, one of the most world-famous silver coins is the 1804 U.S. Silver Dollar. It’s not just the most well-known coin, but one of the most expensive. As you can see the price is really high, over four million dollars for each coin (the most paid for any silver coin in the whole world).
Here you can find an interesting fact! Actually, no silver dollars were minted in 1804. If you find a silver coin with a date stamp …
It’s an interesting thing, that many not professional silver coin collectors ask quite similar questions. And one of them is how do you know how to cope with silver coin dealer when you want to buy silver coins?
First of all you should check that the dealer is a member of a numismatic association. In many countries there are many associations. For example in the USA you can find American Numismatic Association. The Australasian Numismatic Dealers Association is one of the greatest association in Australia and New Zealand. If you want …
Silver coin grading is the process used to determine the condition and value of a particular coin. The higher the grade, the higher the value.
Most of the time, coins (not silver only - any coins) are graded on a scale that ranges from 0-70. This scale was developed many years past by Dr. William Shelby. The numerical grade is combined with a letter code to create a grade:
MS
Mint State. This means the coin is perfect and uncirculated. The MS grade runs from MS-60 to MS-70, depending on the condition. You …
Many silver coin enthusiasts prefer to collect silver coin proof sets. Some people who like the aesthetics of the coins in their presentation like also to collect silver coin proof sets. They believe that these sets are very valuable rare specimen in their collections. Not all the collectors have the same thoughts. It depends on the collectors.
Someone think that it’s a good way of money investigation. I mean for the invest value only. For those who like silver coin proof sets there are a lot opportunities to purchase them. For …
Alloy
An alloy is a combination of two or more pure metals mixed together. All coins are made out of some measure of alloy, except bullion coins.
Bullion
Bullion is the pure form of a precious metal such as silver, gold, copper, or platinum, from which coin metal alloys are made. The U.S. Gold Eagle is not really pure bullion; it is an alloy of 91.67% gold, 3% silver, and 5.33% copper, although the total amount of gold content weighs out to a solid ounce. The U.S. Silver Eagle and the U.S. Gold …