
The US dollar coin has a rich history that spans over two centuries. The first dollar coin was minted in 1794, and since then, many different designs have been created.
One of the rarest and most valuable dollar coins is the 1804 Draped Bust dollar, with only eight known examples in existence. This coin is highly prized by collectors.
The 1873 Trade dollar is another highly valuable dollar coin, with a mintage of only 1,578 coins. Its value can range from $10,000 to $100,000 depending on its condition.
The 1922 no mint mark Peace dollar is a highly sought-after coin, with a value of up to $100,000 in mint condition.
Related reading: Are Coins with No Mint Mark Valuable
History of US Dollar Coins
The US dollar coin has a rich history that dates back to the 1790s, with the first coin, the Flowing Hair dollar, being minted in 1794.
One of the most iconic dollar coins is the Morgan dollar, which was minted from 1878 to 1904 and again in 1921. It features a portrait of Lady Liberty and is highly prized by collectors.
For another approach, see: What Is a Minted Coin

The Peace dollar, minted from 1921 to 1935, was designed to commemorate the end of World War I and features a depiction of Lady Liberty on the obverse side. It's considered one of the most beautiful dollar coins ever minted.
The Sacagawea dollar, introduced in 2000, features a portrait of the famous Shoshone woman who helped Lewis and Clark on their expedition. It's a popular choice among collectors and is known for its unique design.
The American Silver Eagle dollar, minted since 1986, is a highly sought-after coin among collectors and investors due to its .999 fine silver content.
For your interest: 1878cc Morgan Silver Dollar
Coin Series
The Coin Series is a treasure trove of valuable US dollar coins. The American Silver Eagle, for example, is one of the most highly sought-after coins in the series.
The American Silver Eagle is made from one ounce of 99.9% pure silver, giving it a significant monetary value. It's a great investment opportunity for those looking to diversify their portfolio.
The Walking Liberty Half Dollar, another popular coin in the series, features a beautiful design on its obverse side. This coin is highly valuable due to its age and historical significance.
For your interest: What Makes a Morgan Silver Dollar Valuable
Eisenhower (1971-1978)

The Eisenhower dollar was a one dollar coin issued from 1971 to 1978. It featured President Dwight D. Eisenhower on the front and a stylized image honoring the 1969 Apollo 11 Moon mission on the back.
The coin was created to celebrate Eisenhower's contributions and the successful moon landing in 1969. Certain rare varieties of this coin can be worth a significant amount of money, especially in pristine conditions.
The 1972 Type 2 Eisenhower Dollar can be worth up to $800, and the 1976 Bicentennial Eisenhower Dollar can sell for $100 or more in uncirculated condition.
Broaden your view: Are Presidential Dollar Coins Worth Anything
But There's More to the U.S
The U.S. Silver Dollar Coin has a rich history that's worth exploring. The word "dollar" actually originates from the German word "thaler", which was a large German silver coin.
The first 1,758 silver dollars were struck on October 15th, 1794, and distributed to political dignitaries by U.S. Mint director David Rittenhouse. This was a significant event in the coin's history.
On a similar theme: Current Value of a Morgan Silver Dollar

Prior to the Revolutionary War, there was a mixture of coinage from several European countries circulating in the U.S. Colonies and deemed legal tender until 1857. This highlights the coin's long-standing status as a trusted form of currency.
One of the rarest key dates for silver dollars is 1804 when U.S. Mint officials struck the coins with the incorrect date of 1803. Many years later, it was discovered that no coins with the 1804 date were actually struck in 1804.
The U.S. Mint created a set of dollar coins with the 1804 date in 1934, which were used as gifts to Asian politicians. This set of 15 coins is the only one with this date and is considered one of the most valuable error coins in the world.
The 15 coins with the 1804 date sold for a staggering amount, with one coin selling for $4 million at auction. This highlights the value of rare and unique coins like the U.S. Silver Dollar.
Here are some key facts about the U.S. Silver Dollar Coin:
- First struck on October 15th, 1794
- Originally distributed to political dignitaries
- One of the rarest key dates is 1804
- 15 coins with the 1804 date were created in 1934
- One coin sold for $4 million at auction
Coin Market and Value

The value of a dollar coin can be surprising. The 1974 Flowing Hair Silver Dollar $1 (Special Strike) sold for a whopping $10,016,875 in 2013.
Rarity plays a significant role in determining a dollar coin's value. The 1794 Flowing Hair Dollar is extremely precious due to its limited mintage.
Minting errors can also increase a coin's value. The Peace Dollar, for instance, was only minted during two periods: from 1921-1928 and from 1934-1935. This limited production run adds to its appeal.
The condition and grade of a coin greatly impact its value. Mint State coins, which are in immaculate condition, are highly sought after by collectors.
Some dollar coins contain precious metals, such as gold or silver, which increases their value. The Morgan and Peace Dollars, for example, have a silver content of 90%.
The value of a dollar coin can be staggering. The 2000-P Sacagawea Dollar and Statehood Quarter Mule sold for $144,000 in 2022.
Here's a list of some of the most valuable dollar coins mentioned in the article:
- 1974 Flowing Hair Silver Dollar $1 (Special Strike) - $10,016,875
- MORGAN DOLLARS 1889 CC $1 MS COIN - $881,250
- Peace Dollar, 1921 Peace MS - $132,000
- 2000-P Sacagawea Dollar and Statehood Quarter Mule - $144,000
Rare and Valuable Coins

The 1921 high relief Peace Dollar was sold at an auction for $329,000 in 2014.
The 1870-S Seated Liberty Silver Dollar is highly valued due to its rarity, with only 15 estimated to be in existence today.
Its estimated value is $2,030,000, making it one of the most valuable coins in the world.
Some dollar coins have minting errors that make them rare and valuable, such as the 1794 Flowing Hair Dollar, which is extremely precious due to its limited mintage.
The Peace Dollar, minted from 1921 to 1935, is highly sought after by collectors due to its limited mintage, history, and silver content.
Noteworthy Coins That Made History
The 1804 Draped Bust dollar is one of the rarest and most valuable coins in the world, with only eight examples known to exist.
Its value can reach up to $4 million, making it a highly sought-after collectible among numismatists.
The 1933 Double Eagle is another notable coin that made history, with its value skyrocketing to $7.59 million at an auction in 2002.
Curious to learn more? Check out: Us Currency History Chart

The 1804 Draped Bust dollar was actually minted in 1834, but was dated 1804 to make it appear older and more valuable.
The 1933 Double Eagle was originally intended to be a commemorative coin, but it was never officially released into circulation due to the Great Depression.
The 1804 Draped Bust dollar has been owned by some of the most prominent collectors in history, including King Farouk of Egypt.
The 1933 Double Eagle is one of the most valuable coins ever sold at auction, with its price more than doubling the initial estimate.
1921 Peace
The 1921 Peace Dollar is a highly sought-after coin among collectors, and for good reason. It was the first Peace Dollar produced by the US Mint, and its high relief design makes it a true masterpiece.
This coin was designed to honor the peace achieved after World War I, and its value lies in its limited mintage and historical significance. In 2014, a 1921 Peace Dollar sold at an auction for $329,000.

The 1921 Peace Dollar features a powerful high-relief image of Liberty on the obverse and an eagle perched on a rock on the reverse. The perfect condition of these instances is rare, making high-graded examples a true collecting miracle.
A 1921 Peace Dollar in perfect condition can be worth up to $130,000, making it a valuable addition to any coin collection.
Here's a comparison of the values of different Peace Dollars:
The 1921 Peace Dollar is a true gem, and its value is a testament to the beauty and historical significance of this coin.
2000-P Sacagawea
The 2000-P Sacagawea dollar coin is a rare and valuable collectible. This coin was part of a cereal box promotion, making it highly sought after by collectors.
The Sacagawea dollar coins worth money are diverse, and this variety is no exception. It features an improved tail feather design on the reverse, setting it apart from standard striking.
The 2000-P Sacagawea "Cheerios" Variety is greatly prized by collectors, and its unique story only adds to its appeal.
Explore further: 2000 Pesos
What Makes Coins Valuable?

Rarity plays a significant role in determining the value of a coin. The 1794 Flowing Hair Dollar is a prime example of this, with its limited mintage making it extremely precious.
Minting errors can also increase a coin's value. For instance, off-center strikes, double dies, or misprints can create unique and valuable coins. The more beautiful and appealing the imperfection is, the more expensive the coin becomes.
The condition and grade of a coin are crucial factors in determining its value. A coin in Mint State condition, with its immaculate appearance, holds a higher value in the market.
Coins made of precious metals like gold or silver tend to have a higher value than their face value. The Morgan and Peace Dollars, with their 90% silver content, are a great example of this.
The 1976 Eisenhower Silver Dollar is a unique coin that features two significant dates: 1776 and 1976. This coin honors a crucial period in American history, making it valuable to collectors.
On a similar theme: Gold Coin Values Chart
A few dollar coins had engraving errors that went unnoticed until it was too late. These errors made the coins instant collector's items, as most of the other runs were destroyed.
The value of a dollar coin can increase significantly due to its rarity, minting errors, condition, and metal content.
1794 Flowing Hair Coin
The 1794 Flowing Hair Coin is a true treasure of American history. It was the first dollar coin released by the US Mint.
This iconic coin features Lady Liberty with her hair flowing on the obverse, while the reverse showcases an eagle. It's a symbol of the start of official US coinage.
The 1794 Flowing Hair Silver Dollar is also known as the Silver Plug due to a unique feature. It has a silver plug sitting directly in the middle of the coin.
The value of this coin can be staggering, with some versions reaching up to $10 million. The exact value depends on the condition and rarity of the coin.
The 1794 Flowing Hair Silver Dollar is extremely rare, with only one estimated to be left in existence. This makes it one of the most expensive antique coins in the world.
Some versions of the 1794 Flowing Hair Silver Dollar were minted without the silver plug. These coins are slightly less rare and have a value of $5,838,700.
The obverse of the coin features the bust of Lady Liberty with the words LIBERTY above and the date 1794 below. The reverse showcases an eagle with a wreath and the words “UNITED STATES OF AMERICA.”
1795 Flowing Hair
The 1795 Flowing Hair Silver Dollar is a highly valuable coin, with some versions worth up to $1.5 million. It's one of the first coins struck in the United States and features Lady Liberty with flowing hair and a small eagle on the reverse.
There exist different versions of this coin, including the "Two Leaves" and "Three Leaves" varieties, which relate to the number of leaves the eagle has beneath each wing. The "Two Leaves" version is worth significantly more than the "Three Leaves" version.
The 1795 Flowing Hair Silver Dollar - Silver Plug is a rare and valuable variation, worth $1,717,200. This version was minted with a silver plug in the middle, which was exposed when the coin was filed down to meet the U.S. weight requirement.
The base of the coin features the bust of Lady Liberty surrounded by 13 stars and the words LIBERTY at the top, with the date of 1795 at the bottom. The eagle on the reverse is surrounded by a wreath, with three leaves on the wreath in one version.
This variation, called the 1795 Flowing Hair Silver Dollar 2 Leaves, is estimated to be worth $1,021,700. The three leaves variety is worth slightly less, as it was more common.
1804 Draped Bust
The 1804 Draped Bust Dollar is a true numismatic gem, with a value of up to $7 million due to its rarity and historical significance. It was struck as a diplomatic gift, but the real date of coinage refers to the 1830s.
This coin is a great example of a rare dollar coin worth a fortune. The 1804 Draped Bust Dollar features Lady Liberty on the front and a heraldic eagle on the back, making it a stunning piece of art.
Its value can range from a few thousand dollars to over $7 million, depending on the condition and authenticity of the coin. This makes it a highly sought-after item among collectors.
The 1804 Draped Bust Dollar is also known as the "King of American Coins", a title it wears well due to its extreme value.
1836 Gobrecht
The 1836 Gobrecht Dollar is a rare and highly sought-after coin. It was designed by Christian Gobrecht.
These coins were produced in small quantities, making them extremely valuable. This was a deliberate move to test the public's reaction to the coin.
The Gobrecht Dollar features a soaring eagle on the reverse side and a seated Liberty on the obverse side. The design is a notable aspect of this coin.
The value of the Gobrecht Dollar can reach up to $2 million.
1870-S Seated Liberty
The 1870-S Seated Liberty Dollar is a rare and valuable coin that's sure to catch the eye of any collector. It was minted in San Francisco, making it scarce and highly sought after. Only a few of these coins are estimated to be around today.
This coin is special because of its unofficial minting and possible connection to the establishment of the San Francisco Mint. The 1870-S Seated Liberty Dollar shows Lady Liberty sitting on a rock with a pole and a shield in her hands. The value of this coin can be up to $200,000.
The design of the coin is interesting, with the S mintage mark sitting underneath the eagle on the reverse side. The words "IN GOD WE TRUST" are written on a ribbon above the eagle, and "ONE DOL" is printed below. Two different chief engravers designed the obverse and reverse of the coin, making it even more unique.
The 1870-S Seated Liberty Dollar is estimated to be worth $2,030,000 due to its rarity and historical significance. Some of the largest rare coin collections include this coin, and many smaller collectors focus on investing or trading for rare examples.
Explore further: 4 000 Pesos
1852 Seated Liberty
The 1852 Seated Liberty Dollar is a rare coin, with only 1,100 produced. This low production level is likely due to the limited availability of silver during the Gold Rush era.
These coins are similar in appearance to those from previous years, but their rarity makes them stand out.
1903-O
The 1903-O Morgan Dollar is a rare and valuable coin that was once considered exceptionally uncommon. It was coined in New Orleans, which is part of its legendary appeal.
The coin features Liberty and an eagle, making it a beautiful addition to any collection. Its association with the New Orleans Mint only adds to its value.
In the 1960s, thousands of 1903-O Morgan Dollars were found in US Treasury vaults, altering its scarcity status. This discovery helped make the coin more widely available to collectors.
Despite its increased availability, the 1903-O Morgan Dollar remains a highly valued coin. Its unique history and design make it a prized possession for many collectors.
1971 Eisenhower Proof
The 1971 Eisenhower Dollar was a significant coin in American history, marking the end of a protracted break in dollar coin production. It honored President Dwight D. Eisenhower with a dramatic design of his profile.
This silver proof variant of the 1971 Eisenhower Dollar was manufactured by the San Francisco Mint, boasting 40% silver content.
2007-P Presidential Missing Edge Lettering
The 2007-P Presidential Dollar is a rare find due to its missing edge lettering, making it a unique error coin. This coin, also known as the "Godless Dollar", is prized for its production flaw.
The edge text is where the date and mintmark are usually found, but in this case, they were left out inadvertently. This error occurred in the first year of the Presidential series.
The "Godless Dollar" nickname comes from the absence of the slogan "In God We Trust" on the coin. This distinctive feature sets it apart from other Presidential Dollars.
This rare coin is just one of many valuable dollar coins out there, and if you're interested in learning more, there are resources available to help you navigate the world of numismatics.
Sources
- https://www.boldpreciousmetals.com/blogs/are-dollar-coins-worth-more-than-you-think
- https://coin-identifier.com/blog/coins-overview/most-valuable-one-dollar
- https://atticcapital.com/most-valuable-dollar-coins/
- https://www.thesprucecrafts.com/most-valuable-coins-in-pocket-change-768897
- https://coinappraiser.com/coin-category/sacagawea-dollars/
Featured Images: pexels.com