Mint began striking silver dollars for circulation in 1840. The most famous of these silver dollars is the 1804 Draped Bust dollar - which is known as “the King of American coins” and worth more than $1 million! Liberty Seated Dollar ValuesĪfter a decades-long hiatus beginning in 1804, the U.S. These are both worth about $1,000 and up. There are two major types of early silver dollars - Flowing Hair dollars and Draped Bust dollars. Let’s look at the pre-1878 silver dollars and what they’re worth… Flowing Hair & Draped Bust Dollar Values The first official United States silver dollars were made in 1794, and they were made in spurts throughout the 19th century until the first Morgan dollar was minted in 1878. So here you go… Early Silver Dollar Values (1794-1877) Regardless, most people who come across silver dollars want to know what they’re worth - I mean, what they’re really worth. Some employees even get them as tips from their customers.In many other cases, someone finds old silver dollars in a dresser, closet, or attic.Some receive a silver dollar as a gift or inheritance from an older loved one, friend, or neighbor.Think You Found A Silver Dollar Worth Money?įor most of us, silver dollars come into our lives in a variety of interesting ways: