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What affects the price of a silver dollar?

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Quick Answer

Many things affect the price of a silver dollar, including its age, rarity and condition. Silver dollars are not priced solely on the current silver bullion price.

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One of the top factors considered when determining the price and value of a silver dollar is the condition. The process of identifying its condition is called grading and should be done by a professional. Rare silver dollars-- meaning a minimal number of them have been made and are still in circulation-- are often priced higher. This is due to supply and demand. Experienced silver buyers know the rarest silver dollars and often offer top dollar for them.

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