The Silver Dollar

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The Silver Dollar

Mint has produced silver dollar coins featuring Dwight D. Eisenhower, Susan B. Anthony and Sacagawea. The Eisenhower silver dollar was produced from 1971 to 1978 and was succeeded by the Susan B. Anthony silver dollar from 1979 to 1981, with a re-release in 1999. Silver Dollars were an immensely useful general circulation coin produced by the United States Mint for more than 140 years and today are one of the most popular types of U.S. Coins among collectors. Bust Silver Dollars were among the first minted and were only produced for a short time.

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Dollar

The 'Silver Dollar Salute.'

The Silver Dollar Louisville

The first salute is a old tradition for all US Service Branches in which newly commissioned officers give a silver dollar to the person from whom they receive the very first salute of their career.

While no one knows for sure where this tradition originated, some suggest that it was passed on from British regiments garrisoned in the US during the colonial era. Of course at the time it would not have been a 'dollar' as we know it. As the story goes, some of their traditions and customs were passed on to newly formed American units. New officers were assigned an enlisted adviser who showed them the ropes, taught them the regimental history as well as the ins and outs of the military profession. Lieutenants compensated their enlisted adviser with a small amount of money.

The silver doll

American Second Lieutenants in the early 1800's, received about $25 monthly as base pay, a rations allowance of about $3, and an additional allowance of $1 for their enlisted adviser. While the adviser's pay was eventually discontinued, the responsibility for mentoring the newly commissioned officer continued. This relationship is thought to be the basis for this tradition.

By tradition, a dollar coin is the only coin given in exchange for the first salute. While the coin may be just one dollar in denomination, it represents a value far greater. To new officers it may represent the respect found in ones newly earned rank and position. A twist on the thinking for the silver dollar salute is that the new officer must buy his first salute as he has not yet by the nature of his deed alone, earned it!

This coin should represent the deep-felt gratitude for the mentor ship and lessons imparted by the Non Commissioned Officer on his Lieutenant before he sends him out into the world to embark in the brotherhood and profession of arms. The silver in a true silver dollar really represents the fidelity to a standard and this coin will be a store of value both in the memory it makes, its intrinsic value as a precious metal, and its part in American history.

Some of the most often used coins for this tradition are Morgan and Peace Dollars, the American Silver Eagle, Eisenhower Dollars (40% Silver variant) and Modern Commemorative Dollars.

History Of American Silver Dollar

Honor you enlisted mentor and the First Salute tradition by presenting a Real Silver Dollar!

SHOP FOR AMERICAN SILVER EAGLES NEW! Personalized coins!

Sons Of The Silver Dollar

The silver dollar charleston scSilver

SHOP FOR OLD DOLLAR COINS

MAKE SURE TO CHECK OUT OUR PERSONALIZED CUSTOM ENGRAVED COINS AND COIN HOLDER AND CASES. MAKE YOUR MARK WITH A DIRECT ENGRAVED COIN!

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