The worth of a specific year’s edition of a prominent silver bullion coin, minted by the United States, is dictated by multiple factors. These include the spot price of silver, the coin’s condition, its rarity (related to mintage figures), and collector demand. For example, a coin in uncirculated condition will generally command a higher price than one showing signs of wear.
Understanding these values is crucial for both investors and numismatists. Investment potential lies in the intrinsic worth of the silver content, while collectors are often interested in the coin’s historical context and potential for appreciation based on scarcity and aesthetic appeal. Historical events impacting silver prices also play a significant role in determining the coin’s overall worth.