A notable bullion coin issued by the United States Mint, the specific year’s version represents a tangible asset composed of one troy ounce of .999 fine silver. Its obverse design features Adolph A. Weinman’s “Walking Liberty” motif, initially used on the half dollar from 1916 to 1947. The reverse depicts a heraldic eagle designed by John Mercanti. Minted in West Point, New York, these coins serve as both a store of value and a collectible item.
This particular iteration holds significance for investors and collectors due to its intrinsic silver value and potential numismatic worth. The annual releases contribute to a broader understanding of American coinage history and the fluctuations in precious metal markets. Its legal tender status, while largely symbolic, underscores the U.S. government’s backing and adds to its overall credibility. Moreover, annual production numbers can influence secondary market premiums.