Ask Jeeves
If you are or are thinking about becoming a serious coin collector it is important that you understanding the grading system. If you want a silver dollar graded by a professional, then it can cost you approximately 112 dollars.
Morgan dollars are graded just like any other coin. Circulated examples are graded by how much wear the coins have. The grades for Mint State coins are determined by how well the coins are struck, mint luster, number an location of contact marks.
As of 11-7-11 the silver value per coin is about $26.00. Other than that, each coin well have to be graded and given a value.
Silver dollars are "rated" on a scale of 1 to 70. 70 is the best possible grade. If a coin is graded in MS70 it means that there is absolutely no ware on the coin. G4 is almost the worst grade. If a coin is in G4 it will be very worn, no longer shiny and many of the smaller features will be gone.
Each coin will have to be graded an assessed for a value. Take it to a local coin dealer or collector for a better idea of the value of the coins.
tom has 39 silver dollars
A certified example graded as MS-63 is $425.00.
No, silver plated jewelry is not graded in the same way that precious metals like silver or gold are. The term "silver plated" indicates that a base metal (such as brass or copper) has been coated with a layer of silver. The value and quality of silver plated jewelry will depend on factors like the thickness of the silver layer and the overall craftsmanship.
The last true silver dollars were made in 1935. That year marked the end of 90% silver dollars. The next silver dollars were made in 1971. These were Eisenhower dollars. They are not made of silver but rather of copper and nickel.
All silver dollars made of silver contain 90% silver, but the last of those was minted in 1935. The Eisenhower dollars of the 1970s didn't contain silver.
39
Half dollars minted before 1965 are 90% silver, and those from 1965-70 are 40% silver. Then with silver dollars, the last year for ones with actual silver in them was 1935 (there were no dollar coins from 1936 to 1970).