The item in question refers specifically to a United States silver dollar coin minted in the year 1958. These coins, predominantly composed of silver, were legal tender and circulated within the United States monetary system during that era. Their value today is contingent on factors such as condition, rarity, and the prevailing market price of silver.
The historical significance of these coins lies in their composition and the era in which they were produced. They represent a tangible connection to a period when circulating currency contained a significant intrinsic metal value. This has contributed to their appeal to collectors and investors alike, as they represent a store of value beyond their face denomination. Further value lies in historical preservation, representing a moment in time for the US economy.