The price of a commemorative coin issued in 1994, depicting the Statue of Liberty, and composed of silver, is dependent on several factors. These factors primarily include the coin’s condition, its mint mark (or lack thereof), and the prevailing market demand for such numismatic items. Coins in pristine, uncirculated condition command a higher price than those exhibiting wear or damage.
The significance of this particular silver dollar lies in its historical context as a commemorative issue, often celebrating a specific event or anniversary. Its intrinsic value is derived from its silver content, while its collectable value is influenced by its rarity, historical appeal, and the overall interest of numismatists. Understanding these elements is crucial for determining its worth, beyond its face value.