This refers to a quantity of vintage United States silver dollars, specifically weighing one pound, offered by GovMint.com, a private retailer of collectible coins and precious metals. It typically consists of pre-1935 coins, often Morgan or Peace dollars, whose value is derived from both their silver content and numismatic interest.
The significance lies in the combination of intrinsic metal worth and potential collector value. Silver dollars from this era contain approximately 0.77344 troy ounces of silver. The potential benefits include diversifying investment portfolios with tangible assets and potentially appreciating value due to scarcity and historical relevance. These coins represent a tangible link to a specific period in American history, adding to their appeal.