Peace Dollars (1921 - 1935)

Peace Dollars (1921 - 1935)

Know the difference between coins like Peace Dollar coins and Silver rounds when investing.

Silver coins, Silver bars and Silver rounds are the three most common vehicles to buy Silver. The Peace Dollar from 1935 is the last example of a Silver U.S. dollar coin released for circulation as legal tender. American Silver dollars such as the Silver Eagle are created as Silver bullion coins, never meant for circulation but still having a legal value. Don’t mistake rare Silver coins or modern Silver coins for Silver rounds, which are discs of Silver created by private mints for collection and investment, because Silver rounds have no legal tender value.

Historically, Silver Peace Dollars could be melted down into Silver bars when the Silver value exceeded the legal tender value of the U.S. dollar coins. Many Peace Dollar coins include a higher premium over the Silver spot price because of the collectability factor, but some of these Peace Dollars are sold as junk Silver, too, coins that once circulated and are worth more in Silver content than face value but not seen as having numismatic or collector value. Rare Silver coins are usually collected for more than investor value, as collectors fall in love with the history and art of vintage coins, as well as see potential in the numismatic value of the coins. So when you buy American Silver dollars like Silver Peace Dollars, you will want to be clear about your goals, whether you’re drawn in by pure investment potential or you’ve fallen for the history of Silver coins like the Silver Peace Dollars.

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We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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