do they still make american silver dollars

[KinsleyLynn]

Based on information from the United States Mint and numismatic sources, the U.S. Mint does continue to produce silver dollar coins. However, it is crucial to distinguish between the historic silver dollars used for general circulation and the modern silver dollars produced today. The production of silver dollars as circulating currency, such as the Morgan and Peace dollars, has ceased.

The contemporary silver dollars struck by the U.S. Mint are primarily created for collectors and investors. The most prominent example is the American Silver Eagle, which the Mint has produced since 1986. These coins are designated as legal tender with a face value of one dollar. Despite this nominal value, they are not intended for everyday commercial transactions.

The intrinsic value of modern American silver dollars is derived from their precious metal content and their numismatic appeal. The American Silver Eagle, for instance, contains one troy ounce of .999 fine silver, making its market value significantly higher than its one-dollar face value. Therefore, while the U.S. Mint actively manufactures silver dollar coins, their function has shifted from being a medium of exchange to serving as bullion investment and collectible items.