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The American Buffalo silver dollar is a commemorative silver dollar issued by the United States Mint in 2001. [1] The coin commemorates both the National Museum of the American Indian and the Buffalo nickel , the latter serving as the basis for the dollar's design.
The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser's design for the Indian Head nickel (Type 1), issued in early 1913. After a raised mound of dirt below the animal on the reverse was reduced, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938, except for 1922, 1932, and 1933 when no nickels were struck.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
In particular, many silver coins changed in the 1870s. [4] The figures cited in the tables are representative of the series, and are generally the latest, or most common, figures for a given coin type. The largest coin ever minted by the US Mint was the 2019 Apollo 50th anniversary 5ounce silver dollar, weighing 155.517 grams, and 76.2 mm in ...
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
The coin was originally intended to be produced for one year to commemorate the end of World War I, although the design proved popular and continued to be produced until silver dollar production ended in 1935. [17] In 1975 and 1976, the Eisenhower dollar was issued for circulation, among other commemorative coins in those years.
The privately minted "rounds" usually have a set weight of 1 troy ounce (31.103 g) of 99.9% silver, with the dimensions of 2.54 millimetres (1 ⁄ 10 in) thick and 39 millimetres (1 + 9 ⁄ 16 in) across.
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