That hasn't been possible since the 1960s. Silver dollars dated 1935 and earlier no longer circulate because the silver in them is worth far more than $1. You could get a decent common-date Peace dollar from a dealer for about $18-20.
However, modern brass dollar coins (e.g. Native American or Presidential series) are readily available at most larger banks.
yeah but they will only give you a buck
Some banks do sell American Silver Eagles, but they do not hold and sell silver coins that are turned in.
At the time silver certificates were printed, they could be exchanged at a bank for silver dollars. They haven't been redeemable for silver since 1968, though they're still legal tender at face value.
You generally can't buy silver dollars or any older silver coins at a bank. Because the value of the coin greatly exceeds the face value of the coin, if someone wanted to deposit a silver dollar they would only give them $1 for it, when the coin is worth at least $30 in silver content. Because of this few people ever deposit silver coins and the ones that are deposited are bought by the bank employees as curiosities. The only "silver" dollars you might find at a bank are Eisenhower dollars, but these contain no silver and are sold for $1, but since many people keep them as curiosities, there are few banks that carry them in stock, but at some banks you might find a few. Some banks do sell silver proof sets and other collector coins, but the prices that they sell it for is much more than it would cost you to go to a coin shop and buy the exact same set for.
First build a time machine to travel back to the early 1960s. Then go to a bank with a silver certificate and ask the teller to exchange it for silver coinage. Silver certificates haven't been redeemable for silver coins since 1968.
no
yeah but they will only give you a buck
It's the Second Bank of the United States.
25 sealed bags of silver dollars where found at a bank in olathe kansas in 2009, the bank kept them in reserve to cover deposits as required by law but prefered to keep real silver instead of cash. Turns out that was smart as the silver dollars where in great shape and slabed by NGC and sell for a premuim.
Yes, It is a silver dollar and you can exchange other silver dollars to the bank, so you should be able to. Yes, It is a silver dollar and you can exchange other silver dollars to the bank, so you should be able to.
Some banks do sell American Silver Eagles, but they do not hold and sell silver coins that are turned in.
They're not silver, they're brass. The last silver dollars were made in 1935. In any case Sacajawea dollars are not rare at all, and any that you get in change or from a bank are only worth face value.
Assuming the bank had any silver dollars in stock (they hadn't been minted since 1935), they could be traded at face value.
There's no guarantee for it, but the idea is that you can hope to find silver dimes, quarters, or half-dollars in bank rolls. Half-dollars are supposedly the preferred coin, because while silver dimes and quarters were discontinued after 1964, halves still had silver until 1970.
Silver dollars intended for circulation were made from the start of the US mint in the late 1700s all the way to 1935. However, the silver dollar has always been an unpopular coin when silver was in our circulating coins. Silver dollars were in circulation to where an average person could pick one up at the bank (or cash in silver certificates for silver dollars) up until the increase in silver prices in the mid-1960s. Soon after that, the price of the silver increased over their face value and they went to collectors.
tom has 39 silver dollars
the bank printed some much money that there was not enough gold or silver to back the money they printed.