The item in question is a bullion coin minted by the United States Mint. Struck in 1986, it represents the inaugural year of a popular and enduring series. The composition consists of .999 fine silver, weighing one troy ounce. This gives it intrinsic value tied to the spot price of silver, in addition to any numismatic premium it may possess.
This particular example holds significance due to its status as the first year of issue. This fact often leads to heightened collector interest and potential for increased value compared to later years in the series. Its release marked a resurgence in silver bullion coin production by the US government, providing investors and collectors with a tangible asset and a piece of American history. The coin’s iconic design, featuring Adolph A. Weinman’s Walking Liberty obverse and John Mercanti’s heraldic eagle reverse, further contributes to its enduring appeal.