The worth of this particular United States coin, minted from 1916 to 1947 and composed of 90% silver, is determined by several factors. These include the coin’s silver content, its condition (or grade), its rarity based on the specific year and mint mark, and the prevailing market demand among collectors and investors. For instance, a well-preserved example from a common year will typically command a price exceeding the coin’s melt value, while a rare date or mint mark in exceptional condition may be significantly more valuable.
Understanding the factors influencing the price of this coin is important for numismatists and investors alike. The historical significance of the design, created by Adolph A. Weinman, coupled with its silver composition, contributes to its enduring appeal. Scarcity plays a crucial role, with certain dates and mint marks being far less common than others. This can drive up the price significantly. The aesthetic qualities and historical importance, in addition to inherent silver worth, provide a multi-faceted incentive for collecting and investing.
