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A silver dollar would be worth $1 in silver if the price of silver is $1.29 per troy ounce. The current silver price (January 29, 2021) is $27.03 per troy ounce so a silver dollar is worth, in melt value of about US$20.90.
The eagle holds a ribbon in its beak reading "E PLURIBUS UNUM", a Latin phrase meaning "Out of many [states], one [nation]", a de facto motto of the United States (and the only one until 1956). Both the phrases "E Pluribus Unum" and "Annuit coeptis" contain 13 letters.
This design is known as Draped Bust, Small Eagle and usually commands a high price due to the extremely low mintage at the time. In 1798, the small eagle was replaced by the Heraldic eagle. This design is known as Draped Bust, Heraldic Eagle. The famous 1804 silver dollar has this design as well the reverse of the Kennedy half dollar in 1964.
On March 8, 2007, the United States Mint announced, that on February 15, 2007, an unknown number of George Washington Presidential $1 coins were released into circulation without their edge inscriptions (the U.S. mottos, "In God We Trust" and "E pluribus unum", the coin's mint mark, and its year of issuance; i.e. E PLURIBUS UNUM • IN GOD WE ...
[19] The act also called for the removal of the date from the obverse and "E PLURIBUS UNUM" from the reverse of the coin, opting instead to add them to the edge. [19] In 2018, the American Innovation $1 Coin Program was launched. The program will run from 2019–2032, commemorating an inventor or an invention from each state and six territories ...
Under the Mint Act of 1792, the largest-denomination coin was the gold eagle, or ten-dollar piece. [2] Also struck were a half eagle ($5) and quarter eagle ($2.50). [3] Bullion flowed out of the United States for economic reasons for much of the late 18th and early 19th centuries.
1879–1880 [12] Half-union $50 83.58 g 50.80 mm 90% Au 10% Cu [c] reeded 1877 Commemorative coins of this denomination were issued in 1915. [14] Several bullion coins are produced in this denomination. Union $100 unknown unknown 90% Au 10% Cu unknown never minted Canceled before any patterns could be minted (fantasy coin shown).
In early December 1879, Treasury Secretary John Sherman, Mint Director Horatio Burchard, and Philadelphia Mint Superintendent A. Loudon Snowden met to determine the issue. They decided to recommend the appointment of Barber, who was subsequently nominated by President Rutherford B. Hayes and in February 1880, was confirmed by the Senate.