yes you can get silver coins from US banks for a fraction of the cost of traditional means of buying precious metal coins. Essentially, this is done by ordering a box of half dollars from the bank, hunting through them, and keeping only coins of certain years which still had silver in them.
Where can I find silver dollars?
Random-date silver dollars are usually offered by mail-order, on the Internet, and from eBay coin dealers. They’re also available at many bricks-and-mortar coin dealers in the form of silver dollars mixed in with one another inside a bin or bucket where every coin is labeled for the same price.
How can you tell what kind of silver dollar you have?
Also look for your coin’s mint mark, which is an inscription that indicates the U.S. Mint branch where the coin was struck. The mark, which is usually a letter denoting a city of origin, and its location on the coin vary by date from coin to coin. Now, use an online guide like Coin Facts to help determine which type of silver dollar you have.
Is it safe to buy a silver dollar?
Silver dollars are among the coins that often have counterfeits due to their potential value. Modern coins in regular circulation do not use real silver the way old coins did, so they are a good investment for any collector of coins. Before buying the silver dollar, it is vital to ensure it is not a counterfeit.
What makes a silver dollar coin look fake?
If the silver dollar coin you are looking at seems odd after studying the pictures of real images, even if you are unsure why it looks odd, it is most likely a fake. Counterfeits often have slight differences in appearance, such as stars slightly more or less spaced or something in the wrong location. Pick up the coin and feel the weight.
Who is the creator of the US Silver Dollar?
Consisting of 90 percent silver, the Morgan Dollar bears the name of its designer, George T. Morgan, an Englishman who moved to the U.S. and became Assistant Engraver for the Mint in 1876. Morgan went on to become Chief Engraver in 1917. The coin features an eagle with its wings spread and the inscription “In God We Trust” above its head.
