Are silver dollars easy to keep?
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The term "silver dollars" can refer to several different things, primarily a type of freshwater fish or a coin. Both are generally considered relatively easy to "keep" with proper knowledge of their specific needs.
What is the lifespan of a silver dollar?
Lifespan: Up to 10 years with proper care! Behavior: Silver Dollars are naturally shy fish and prefer to stay in groups. You often will see them schooling with one another.
Can I keep one silver dollar fish?
Silver dollars are social fish and should always be kept in groups of 3–5 orders of magnitude, as they communicate with each other. Handling them in a bigger tank not only gives them better space to swim, but also helps to minimize aggression and stress among the group.
Is a silver dollar worth anything?
The value of a silver dollar might seem straightforward, but it's rarely so simple. Most silver dollars today are collectors' items, often worth much more than their face value. Excluding the modern “golden dollars” produced post-2000, silver dollars range in value from around $27 to nearly $10,000.
Are silver dollars aggressive?
Silver Dollars are classified as semi-aggressive fish, but actually are fairly peaceful schooling fish. They may live within a community of other fish that are either larger than themselves or that do not fit inside their mouths, such as Oscars, Pikes, and certain Catfish for example.
Morgan Silver Dollar Basics - Coin Collecting and Silver Stacking
Is it worth it to save silver dollars?
Some 90% silver half dollars regularly sell for hundreds of thousands of dollars due to their historical importance and rarity. However, you may decide the increased premium is worth the cost because you can recoup your higher price on the backend.
What is the best year for silver dollars?
Morgan Silver Dollar (1878–1904 & 1921)
The most valuable Morgan dollar is the 1893-S, which sold for $2,086,875 in 2021. The rarity of this coin stems from its low mintage and the impact of the Pittman Act of 1918, which required millions of silver dollars to be melted down.
Is it worth cleaning silver dollars?
Even though it's counterintuitive, you should never clean a coin, as it can significantly reduce its value. Even coins that have substantial dirt, tarnishing, or toning should be kept in their original condition.
Should I sell my old silver dollars?
As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver. Those types of coins always have a collector value.
How quickly do silver dollars grow?
Under optimal conditions, they grow ten to twelve inches in about two years, with the first 6 to 8 inches being in the first year.
How old is the oldest silver dollar?
Flowing Hair Dollars, 1794-1795
The first U.S. Mint building began operations in Philadelphia in 1793, and the first silver dollar appeared the following year – the Flowing Hair dollar of 1794-95. According to the official mint report, just 1,758 dollars were struck the first year.
What to feed silver dollars?
Silver Dollars are predominantly vegetarian and will eat aquatic plants in a tank. They will accept all fish foods like Tetramin Tropical crisps, Tetramin Tropical flakes, Tetramin Tropical granules. It is important to provide some vegetable matter in their diet.
Can you still spend a silver dollar?
By GovMint :
Generally, old coins, still considered legal tender, can be spent just like any other currency. In the U.S. for example, coins and banknotes issued by the U.S. Mint and the Bureau of Engraving and Printing retain their face value regardless of age.
Are silver dollar fish hard to keep?
Silver dollars are hardy and easy to care for. Although this fish is fairly durable, the aquarist must maintain a very large tank for them. A school or six or more will require an aquarium of 75 gallons or larger.
What year is a real silver dollar?
Between 1794 and 1935, the US Dollar coin was minted in silver. Although this coin has a nominal face value of one dollar, a silver dollar is worth much more than that due to the value of its pure silver content.
How do I tell if my Eisenhower dollar is worth anything?
Tips to Spot a Valuable Ike Dollar
- Weight - If your Eisenhower dollar is heavier than normal, it could be made of silver. If it is, it's worth more.
- Weirdness - Anything odd is worth checking out. ...
- Condition - In rough circulated condition, Eisenhower dollars aren't worth as much.
What should I do with old silver dollars?
You have several options, including local coin shops, online precious metals dealers, online marketplaces, and direct sales to collectors. Rare coins are best sold direct to collectors who may pay a healthy premium.
What not to store coins in?
Use acid-free cardboard and plastic holders free from polyvinyl chloride (PVC). Acid and PVC can ruin a coin's surface. PVC eventually coats a coin with sticky green slime.
Is it bad to leave silver tarnished?
Tarnish need not be removed before storage. It is better to remove tarnish from silver only when necessary, e.g. for display purposes. Whether or not silver needs to be stored with a bright and shiny finish will depend on a variety of factors that must be considered for each collection.
Are silver dollars a good investment?
In most cases, Morgan Silver Dollars with a grade of AU50 or below are only worth their intrinsic silver content. Buying affordable Morgan Silver Dollars can be a great way to invest in silver bullion, but they don't have value as collectibles. Most Morgan Silver Dollars with low grades are considered “junk” silver.
Why is a 1971 Eisenhower silver dollar worth so much?
A 1971 silver dollar becomes more valuable or scarce due to factors such as limited mintage, higher grades, proof or uncirculated condition, and any notable mint errors. While silver Eisenhower dollars are not extremely rare, well-preserved examples and certified high-grade coins are more difficult to find.
What is 1 troy oz of silver worth right now?
Currently, the spot price for 1 Ounce (1 oz) of silver is $67.06.