1898 was the first year for the morgan silver dollar.
what was the first year for the morgan silver dollar?
1898
the international trading partners did not like the fact that u.s. coins were reduced in weight. the use of much more common half dollars became problematic since merchants would have to separate higher value pre-1853 coins from the newer reduced ones. from 1853 onwards, trade with asia was typically done with mexican coins that kept their weight and purity in the 19th century. this ended in 1874 when the price of silver dropped so that a silver dollar has less than $1.00 worth of silver in it (due to huge amounts of silver coming from the nevada comstock lode mines). by 1876, all silver coins were being used as money and by 1878, gold was at par with all u.s. paper dollars. beginning in 1878, huge amounts of the morgan silver dollars were produced but few were used as money. the size was too large to carry on business so silver certificates were used instead. the mint made the coins, placed them in their vaults and issued the silver certificates instead. this is the reason so many morgan and peace dollars can be purchased in au or unc condition (near perfect)... they sat in bank/u.s. treasury vaults most of the time.
dollar coin (united states)
silver dollar









































silver dollar is a dollar coin made of silver or any white metal. see:









































bullet::::- spanish dollar









































bullet::::- dollar coin (united states)









































bullet::::- dollar (hong kong coin)









































bullet::::- canadian silver dollar









































silver dollar or dollar may also refer to:









































bullet::::- silver certificate (united states)









































bullet::::- silver dollar, a north american–style pancake.









































bullet::::- silver dollar (fish), a name given to various fish species.









































section::::geography.









































bullet::::- silver dollar, ontario, a community in ontario, canada.









































bullet::::- silver dollar city, a theme park in missouri, united states.









































section::::people.









































bullet::::- sylvestro carolla, new orleans gangster known as "silver dollar".
silver dollar