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Silver Dollar Coin

Thu, 03/23/2017 - 23:20

Silver dollar is a dollar coin made of silver or any white metal. Silver dollar stands for any large white metal coin produced by the U.S. Mint with a face value of one dollar.  The first silver dollar coin issue were minted beginning in 1794. In modern times, dollar coins have not been very popular in the United States. Despite efforts by the government to promote their use, most Americans currently use the one dollar bill rather than dollar coins.

Dollar coins have never been very popular in the United States since the removal of specie coins from circulation. Despite efforts by the government to promote their use, such as the Presidential $1 Coin Program, most Americans currently use the one-dollar bill rather than dollar coins. For this reason, since December 11, 2011 the Mint ceased production of dollar coins for general circulation, and all coins produced after that date have been specifically for collectors and can be ordered directly from the Mint,and pre-2012 circulation dollar coins are able to be obtained from most U.S. banks.