what is silver dollar

[LaLucia]

Hey there! That's a great question. A silver dollar is a large dollar coin that was first issued by the United States following the Coinage Act of 1792.

Historically, as their name suggests, these coins were primarily made of silver. Some of the most well-known historical versions are the Morgan and Peace Silver Dollars, which are popular with collectors today.

In modern times, the term can refer to a couple of different things. It's often used for bullion coins, like the American Eagle Silver Bullion Coins produced by the U.S. Mint. These are made of 99.9% pure silver and have a face value of one dollar, but they are intended for investors and collectors rather than for everyday spending. The term "silver dollar" might also be used more generally to describe any large-sized U.S. dollar coin, even those that are no longer made of silver.