The specific numismatic item from that year, composed of silver and bearing a denomination of one dollar, represents a significant piece of American monetary history. Its intrinsic value is derived from its silver content, while its collectible value stems from its age, rarity, condition, and historical context. Examples of this mintage often feature depictions of Liberty and an eagle, iconic symbols of the United States.
These coins hold considerable appeal for collectors due to their historical significance and potential for investment. The year of production falls within a period of significant economic and social change in the United States, adding to the object’s allure. Variations in mint marks, signifying where the item was produced, further contribute to the complexity and interest for numismatists.