The monetary value assigned to a United States dollar coin minted in 2002 composed of silver is a fluctuating figure dependent on several variables. These include the coin’s condition, its rarity, and the prevailing market prices for silver at the time of assessment. A standard issue coin will have a different valuation compared to a proof or uncirculated specimen. As an example, a circulated coin may be worth slightly more than its face value if silver prices are high, while a pristine, rare variety can command a significant premium.
Understanding the factors that influence the appraisal of these coins is crucial for both collectors and investors. The intrinsic metal content, historical significance, and aesthetic appeal all contribute to its perceived desirability. Coins that commemorate specific events or individuals often hold greater value due to their limited mintage and the historical narrative they represent. The coin’s condition is also paramount; coins free from wear, scratches, or other damage are typically favored and consequently more valuable.