The item in question is a commemorative coin issued by the United States Mint in 1987. This particular coin is struck from 90% silver and is designed to celebrate the centennial of the Statue of Liberty and Ellis Island. Its face value is one dollar, making it legal tender, although its value as a collectible typically far exceeds that amount.
These coins serve as tangible reminders of American history and ideals. They offer a connection to the nation’s immigrant past and the symbolism of liberty represented by the iconic statue. Beyond their intrinsic silver content, these coins possess numismatic value derived from their limited mintage, historical significance, and condition. They represent a popular segment of the commemorative coin market, often sought after by collectors interested in American history and coinage.