The item in question refers specifically to United States silver dollars minted in the year 1962. These coins, predominantly struck at the Philadelphia and Denver mints, represent the final year of circulation strike production for the Peace dollar series. They are composed of 90% silver and 10% copper, giving them intrinsic precious metal value in addition to any numismatic worth.
Their significance stems from several factors. Firstly, they mark the end of an era for silver dollar production. Secondly, their silver content makes them attractive to investors and collectors alike. The historical context of their production, occurring during the Cold War era, also adds to their appeal as tangible pieces of American history. Their presence in circulation allowed for significant transactions and represented a substantial denomination at the time.
