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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.
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In October of 2001, Ted Binion's estate sold the silver coins to Spectrum Numismatics International for US$3.3 million (equivalent to $6,200,000 in 2023). Approximately 50,000 silver coins were uncirculated, and some of the coins remained in the original mint bags. [26] In 2002, the coins were marketed by the company for between US$50 and US ...
United States of America, Senator Key Pittman. The Pittman Act was a United States federal law sponsored by Senator Key Pittman of Nevada and enacted on April 23, 1918. The Act authorized the conversion of up to 350,000,000 standard silver dollars into bullion and its sale or use for subsidiary silver coinage, and directed purchase of domestic silver for recoinage of a like number of dollars. [1]
Silver coins may be minted as either fine silver or junk silver. Fine silver coins minted by governments include the one-ounce, 99.99% Canadian Silver Maple Leaf and the 99.93% American Silver Eagle. Government-minted silver coins being legal tender, often enjoy special taxation treatments. The term junk silver signifies silver coins without a ...
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