The item in question represents a specific type of United States dollar coin, never released into general circulation. Minted in 1974, this particular issue contains 40% silver in its composition. Examples of this coin remain in pristine condition, exhibiting the original luster and detail as when they were first struck.
This coin holds value due to its silver content, numismatic interest, and historical significance, commemorating President Dwight D. Eisenhower. Collectors seek these coins for their condition and the historical narrative they represent, contributing to their potential investment value. The year 1974 is significant as it falls within the series of Eisenhower dollars minted for circulation.