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Q: What was the price paid for silver bullion in 1870?
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What is an 1867 Highland Light silver dollar worth?

I got 1 today and paid silver price from a dealer. hope that helps


What is the highest price paid for silver dollar and what year?

In June of 2010 the finest known 1794 Flowing Hair silver dollar that is believed by several prominent experts to be the first silver dollar ever struck by the United States Mint sold for 7,850,000.00.


Why were silver certificate dollar bills discontinued?

All silver certificates (not just $1 bills) were discontinued when increasing demand for silver forced the US to deregulate the metal's price. Each silver certificate represented an equal value of silver metal held by the Treasury, either in the form of coins or bullion. Silver could be used as a standard of value because the Treasury held its price constant at the now-tiny price of $1.29 per troy ounce. For example, each half dollar contained 0.36 oz of silver. Because the price of silver never changed, the half dollar's value as metal was always tied to its denomination. Similarly, a $5 silver certificate represented $5 worth of silver held by the Treasury and in fact the bill could be exchanged for that amount of metal. However when the price of silver was deregulated in the early 1960s it rose far above $1.29/oz. Speculators would "game" the connection between silver certificates and silver metal by trading the bills for metal, waiting for the price to change, selling the metal, getting their profit paid in silver certificates, trading again, waiting again, and so on. To prevent economic chaos the government ended the connection between silver metal and money, both coins and bills. To prevent people from melting coins and selling them for far more than their face value, the government changed their composition to the current copper-nickel "sandwich" coins we use today. Similarly, the Treasury stopped redeeming silver certificates for metal and ended the requirement that they be backed dollar for dollar. That action meant silver certificates were no different economically from Federal Reserve Notes, so there was no longer any need to print two separate types of currency.


What is the value of a silver coin?

The face value of a silver coin depends on the value minted on it. The metal value depends on the market value of silver metal. The collector value depends on the year it was minted and the rare value paid by a numismatic or a collector in any auction. But without a specific date, denomination, and country of origin it's not possible to say anything more detailed.


How much is a 1943D copper penny worth?

The highest price ever paid for a 1 cent coin is 1.7 Million dollars in June of 2010 for the only known example of a copper 1943-D Lincoln cent.

Related questions

Why does the price of Silver change on a daily basis?

The price of silver can fluctuate by up to 37pence a daily basis, depending on how the market is. If silver is selling for a,lot the demand is high so the price paid will be higher, whereas if silver is selling for less then the demand is lower so the price paid reflects this.


If you buy gold bullion, do you actually get the bullion to keep at your house?

If you purchase gold bullion, you can keep it in your possession. Investment experts suggest keeping the bullion in a safe deposit box so that in the event of disaster, it would not be lost (fire, flood, etc.) can gold bullion be bought and paid for using 100 ounce silver bars?


In the bible what was the price paid for a Hebrew slave?

I think it is 30 pieces of silver.


What is the value of thirty pieces of silver Judas - 55k - Cached?

Some say that those thirty pieces of silver ,paid to Judas Iscariot , was the price paid for an ordinary slave.


What is an 1867 Highland Light silver dollar worth?

I got 1 today and paid silver price from a dealer. hope that helps


What was the highest price ever paid for a 1890 Morgan silver dollar?

The highest value today is about $45,000.


Number of coins paid Judah to betray Jesus?

At that time thirty silver coins was the price paid for a very, very ordinary slave. So in other words christ was sold as a slave for mankind.


Is Silver Surfer a good brand of vaporizer what is it's price range?

yeah dude they are awesome. i paid 240 for mine


What should be capitalized in the sentence The price paid?

Only the T in the. It should be -- The price paid


What is the highest price paid for silver dollar and what year?

In June of 2010 the finest known 1794 Flowing Hair silver dollar that is believed by several prominent experts to be the first silver dollar ever struck by the United States Mint sold for 7,850,000.00.


Where to sell silver quarters?

If they are actual "silver" quarters... meaning US quarters dated 1964 or older, then they are 90% silver and definitely worth selling. To see what you would be paid you can look at the live price chart at the Silver and Gold Exchange at SilverAndGoldExchange.com If you sell to them, they will pay for the shipping and insurance also.


What is a good price range to sell sterling silver rings at a flea market?

You want to price the rings at least 10 percent higher than you paid for them and 15 percent lower than can be found in traditional stores.