The bicentennial silver dollar, minted in 1976 but bearing the dual date 1776-1976, commemorates the 200th anniversary of the Declaration of Independence. These coins were produced in both clad (copper-nickel) and 40% silver compositions, with the silver versions carrying a higher intrinsic worth due to their precious metal content. The worth of each coin depends on its composition, condition, and current market demand.
The existence of silver within these commemorative dollars provides inherent worth, influenced by fluctuations in the spot price of silver. Beyond the metal content, collectibility is enhanced by exceptional condition, desirable mint marks, and rarity based on mintage figures. Historically, these coins served as a tangible representation of national pride and a celebration of American heritage, contributing to their enduring appeal among collectors and investors alike.