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United States Dollar Coins

Flowing Hair to Eisenhower • 230+ Years of American Silver & Modern Dollar Coinage

Value Overview by Series

These figures are broad approximate ranges for common-date circulated dollar coins within each series. In addition, each series' dedicated guide lists complete date-by-date values and key dates.

SeriesYearsCompositionCommon Date RangeGuideShop
Flowing Hair / Draped Bust1794–180390% Silver$1,000–$15,000+—Shop eBay →
Gobrecht Dollar1836–183990% Silver$20,000–$500,000+View Guide →Shop eBay →
Seated Liberty Dollar1840–187390% Silver$200–$500,000+View Guide →Shop eBay →
Trade Dollar1873–188590% Silver$150–$500,000+View Guide →Shop eBay →
Morgan Dollar1878–1904, 192190% Silver$25–$500,000+View Guide →Shop eBay →
Peace Dollar1921–193590% Silver$25–$100,000+View Guide →Shop eBay →
Eisenhower Dollar (silver)1971–197440% Silver$15–$60+View Guide →Shop eBay →
Eisenhower Dollar (clad)1971–1978Copper-Nickel Clad$1–$15View Guide →Shop eBay →
Susan B. Anthony Dollar1979–1981, 1999Copper-Nickel Clad$1–$5View Guide →Shop eBay →

Every U.S. Dollar Coin Series

The dollar denomination spans a long run of major design types across its 230-year history, from the large silver dollars of the early Mint through the small-size Susan B. Anthony dollar that followed the Eisenhower. Click any series below for a dedicated guide with date-by-date values, key dates, and grading information.

The History of the U.S. Dollar Coin

The dollar has a far more interrupted history than most other U.S. denominations, and its production gaps shape the story as much as the coins themselves. After the Coinage Act of 1792 made the dollar the nation's monetary unit, modeled on the Spanish eight reales, the Mint struck its first dollars in 1794: Flowing Hair pieces designed by Robert Scot. Production then continued through 1803. However, the Mint never actually struck the famous "1804" dollar that year. Instead, it produced the coins bearing that date in the mid-1830s as diplomatic gifts for Asian rulers. After that, regular dollar coinage went dormant for more than three decades.

The denomination has seen at least four major production gaps since 1794. First, the Mint struck no dollars between 1804 and 1836, when the Gobrecht Dollar pattern issues restarted limited production. A second gap opened after the Seated Liberty Dollar ended in 1873 and lasted until the Morgan Dollar began in 1878, although the Trade Dollar filled part of that window for Asian commerce rather than domestic use.

Recommended Reading
A Guide Book of Liberty Seated Silver Coins
Bowers on the Seated Liberty design, half dimes to dollars.
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Next, Morgan Dollar production halted completely from 1905 to 1920 because the silver surplus from the Sherman Silver Purchase Act had run out. Finally, the Mint struck no standard silver dollar at all between 1936 and 1970. Only the abortive 1964-D Peace Dollar revival, which the Mint melted in full, interrupted that 34-year gap before the Eisenhower Dollar arrived in 1971. In short, these gaps explain why certain "missing" dates don't exist and why the denomination's design history reads more like a series of restarts than a continuous evolution.

Where to Buy Silver Dollars

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Low-premium 90% silver dollars priced close to spot, a favorite with stackers building silver holdings.
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Silver Content Across the Series

The Mint struck every dollar coin from 1794 through 1935 in 90% silver, so each one holds roughly 0.7734–0.7736 troy ounces of pure silver depending on the series and weight standard. As a result, even the most common circulated Morgan or Peace Dollar carries real melt value well above face value at current silver prices. The Eisenhower Dollar, however, broke this pattern. Its circulation strikes from 1971 onward contain no silver at all, since they are copper-nickel clad. In contrast, special collector versions from 1971–1974 (plus the 1975–1976 Bicentennial issue) use a reduced 40% silver composition, with approximately 0.3161 troy ounces per coin.

In other words, date and series recognition tells you nearly everything about a dollar coin's baseline bullion value. Any dollar dated 1935 or earlier is 90% silver. An Eisenhower Dollar, on the other hand, is either silver (S-mint, sold in special packaging) or clad and worth little more than face value. Also, no dollar coin made for circulation after 1971 contains any silver unless the Mint marked it as a special silver collector issue. For that reason, this simple framework is the fastest way to judge a found or inherited dollar coin's baseline worth before considering any numismatic premium.


Collecting the Dollar Denomination

The dollar's dramatic, gap-filled 230-year history makes it one of the most rewarding denominations for type collectors. For example, a complete type set with one example of each major design (Flowing Hair, Draped Bust, Gobrecht, Seated Liberty, Trade, Morgan, Peace, and Eisenhower) tells the story of American monetary policy through eight distinct chapters. Because common-date Morgan and Peace Dollars are widely available and affordable, most collectors can build a solid type set without chasing the rarest key dates. Still, the earliest series (Flowing Hair, Draped Bust, Gobrecht) command significant premiums even in circulated grades because they are genuinely scarce.

For collectors focused on silver content, pre-1936 dollar coins offer a straightforward way to build meaningful silver holdings while keeping numismatic character. In fact, worn non-collectible examples often trade as "junk silver" in the bullion market. In addition, PCGS and NGC both grade dollar coins across every series, and certification matters more as a coin's value rises. In particular, authentication is essential for the 18th- and 19th-century types and for well-documented rarities such as the 1804 Dollar, 1870-S Seated Liberty, and 1885 Trade Dollar, given the high stakes and documented counterfeiting risk.

Frequently Asked Questions

What is the oldest U.S. dollar series?

The Flowing Hair Dollar, struck only in 1794 and 1795, is the earliest series — the very first silver dollars produced by the newly established United States Mint under the Coinage Act of 1792. It was followed by the Draped Bust Dollar (1795–1803). Notably, the Mint never actually struck the famous "1804" dollar in 1804. Production had already stopped, so the Mint made the coins bearing that date decades later, in the mid-1830s, as diplomatic presentation pieces. Only 15 examples survive today, and it remains one of the most valuable coins in American numismatics.

Why does U.S. dollar coin production have so many gaps?

Unlike smaller denominations, the dollar's high face value made it especially sensitive to silver price fluctuations and shifting monetary policy. Production stopped entirely from 1804 to 1836 after the Mint shifted priorities and silver became less available for large coins. A gap opened again from 1873 to 1878 when the Seated Liberty Dollar ended and the Trade Dollar (built for Asian commerce, not domestic use) took its place until the Morgan Dollar began. The Morgan Dollar itself was suspended from 1905 to 1920 after Sherman Silver Purchase Act-era silver reserves ran out. And no standard dollar was struck at all between 1936 and 1970 — the longest gap in the denomination's history — until the Eisenhower Dollar arrived in 1971.

How can I tell if my dollar coin is silver?

Any U.S. dollar coin dated 1935 or earlier is 90% silver. The Eisenhower Dollar (1971–1978) is more complicated: standard circulation strikes are copper-nickel clad with no silver, while special collector versions — identifiable by the S mint mark and often sold in original blue or brown Mint packaging — are 40% silver. Any dollar coin dated 1979 or later (Susan B. Anthony, Sacagawea, Presidential, and American Innovation dollars) is a non-silver "golden dollar" or clad coin with no precious metal content.

What is the most valuable dollar coin series?

The earliest series — Flowing Hair, Draped Bust, and Gobrecht Dollars (1794–1839) — generally command the highest values overall given their age, historical significance, and genuine scarcity. Within any individual series, however, specific key dates and rarities can rival or exceed early dollar values: the 1804 Dollar (15 known, multi-million dollar sales), the 1870-S Seated Liberty Dollar (fewer than 15 known, no official mint record), and the 1885 Trade Dollar (5 known) are among the most valuable American coins ever sold, despite belonging to series with otherwise moderate typical values.

Are old dollar coins a good investment?

Pre-1936 dollar coins carry genuine silver bullion value (roughly 0.7734 troy ounces for common dates) that provides a price floor independent of numismatic factors, while scarcer dates and better-preserved examples carry additional collector premiums. Whether they represent a "good investment" depends on both silver price performance and numismatic market trends, which we cannot predict — we recommend consulting a qualified financial advisor before making significant purchases. Many collectors pursue dollar coins primarily for historical and numismatic interest rather than as a pure investment vehicle.

What is a good starting point for collecting dollar coins?

The Morgan Dollar and Peace Dollar series are the most accessible entry points, since common dates are widely available and affordable in circulated to modest uncirculated grades. Building a type set — one representative example of each of the eight major dollar designs across the denomination's 230-year history — is one of the most popular and achievable collecting goals. From there, many collectors specialize further into a specific series to pursue that series' complete date-and-mintmark run and key dates in greater depth.

Based on M.H. Bolender's 1950 classic, this comprehensive study sheds new light on one of the most treasured realms of American coin collecting

A Guide Book of Morgan Silver Dollars - Includes updated retail pricing for every date and mintmark, plus expert market analysis to help collectors and investors make informed decisions.