The price commanded by a specific year and mint mark of a historical United States coin, featuring a prominent American design, is a complex calculation. It’s influenced by factors such as the coin’s condition, the rarity of its minting, and overall collector demand within the numismatic market. For instance, well-preserved specimens from low-mintage years generally fetch higher amounts compared to more common, heavily circulated examples.
Understanding this monetary assessment is crucial for coin collectors, investors, and historical enthusiasts. It allows for informed decisions regarding buying, selling, and appraising these pieces of American heritage. Furthermore, it provides insights into economic trends, minting practices of the era, and the coin’s enduring legacy as a symbol of American history and artistry. The worth of these artifacts connects tangible objects to broader economic and historical narratives.