The specified item is a bullion coin produced by the United States Mint. Struck in 2015 at the Philadelphia Mint (indicated by the “P” mint mark, although this mark is not present on the coin itself; its presence is implied by the absence of a different mint mark), it consists of one troy ounce of .999 fine silver. It is a highly recognizable and popular form of silver investment and collectible.
Its significance stems from several factors, including its intrinsic silver value, its status as legal tender in the United States, and its collectibility. It provides a tangible asset for investors seeking to diversify their portfolios. Moreover, its design, featuring Adolph A. Weinman’s Walking Liberty on the obverse and John Mercanti’s heraldic eagle on the reverse, contributes to its appeal and historical relevance. The annual production and demand for these coins reflect broader trends in the precious metals market and collector interest.