The item in question is a numismatic piece: a specific year and variety of a precious metal coin produced by the United States Mint. It’s characterized by its composition, its intended audience (collectors rather than general circulation), and a specific mint mark designating its place of origin. Examples of such items often exhibit a high level of detail and are packaged to preserve their condition, further enhancing their collectible value.
These specific numismatic items hold significance due to a confluence of factors, including their limited mintage numbers for the year, the prestige associated with proof coinage, and the intrinsic value of the precious metal content. Historically, certain issues have become highly sought after by collectors, leading to significant appreciation in value over time. The presence of a particular mint mark can further augment this collectible appeal, reflecting the operational history and production decisions of the U.S. Mint.