Discussion in 'US Coins Forum' started by Lawtoad, Sep 19, 2021.
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AFAIK the time period between 1840 and 1853 is the only time silver dollars were popular in circulation. Around 1853 the silver price went up and the US mint did not make the dollar coin any lighter like they did with other Seated denominations, so the silver dollar was once again too valuable to spend and most were exported overseas.
Pretty much just something I've heard discussed on another coin forum. Could be wrong, but I do know that many Seated dollars were exported to the Far East and that the weight of the dollar was left alone in 1853 while the half dime, dime, quarter, and half dollar were all reduced.
Nice halves for sale
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