The value of a United States Mint commemorative coin produced in 2008 and composed of silver is subject to several influencing factors. These include the coin’s condition, its mintage figures, the current market price of silver, and collector demand. An uncirculated example will generally command a higher price than one exhibiting wear or damage.
These coins were often issued to celebrate specific historical events, people, or institutions. Therefore, their perceived desirability by collectors is often rooted in the significance of the subject matter and the coin’s potential to appreciate in value over time. The intrinsic metal content contributes to the coin’s baseline value, providing a hedge against market fluctuations.