The worth of a specific year’s United States Mint bullion coin is determined by several converging factors. These include the intrinsic melt value of the silver it contains, its condition, its rarity (influenced by mintage figures), and collector demand. Furthermore, prevailing market sentiment towards precious metals significantly impacts its trading price.
This coin, composed of .999 fine silver, holds inherent worth tied to the spot price of the metal. However, its potential value extends beyond this base level. Coins in uncirculated condition, particularly those with strong eye appeal or significant historical relevance, may command a premium among numismatists. Limited mintages for specific variations can also drive up prices considerably.