The one dollar denomination was authorized by the Coinage Act of April 2, 1792. The first dollar coins were struck in 1794 and throughout our nation’s history, ten design types of dollars have been issued sporadically in silver, silver clad, and various other clad compositions with varying degrees of popularity and use in day to day commerce. The “dollar”, borrowed from the Spanish dollar or “piece of eight”, was adopted as the standard unit of our nation’s monetary system by an Act of Congress on July 6, 1785. Whether Flowing Hair (1794-1795), Draped Bust (1795-1804), or any of the other types, dollar coins are a fascinating and integral part of our nation’s heritage. Perhaps no other series within United States numismatics is as interesting or as widely collected as dollars. In particular, Morgan Silver Dollars have long been the “Kings” of American coins. The large size of the coin, appealing design, multiple mint marks, long series tenure, myriad of varieties, and wonderful history have all combined to make Morgans extremely popular and widely collected for decades. Whether a novice or an expert, dollars are a fascinating and rewarding area of United States numismatics. U.S. Rare Coin Investments deals in all United States dollars so whether buying or selling please contact us today to discuss how we can serve you.