This specific type of bullion is a unit of precious metal investment and collectible item. It contains a troy ounce, a standard unit of measure for precious metals, of .999 fine silver. The design often features iconic American symbols, reflecting values of freedom and national heritage. These coins are typically legal tender, although their intrinsic value as silver often far exceeds their face value.
Possessing these items offers a tangible asset, serving as a hedge against economic uncertainty and currency devaluation. Their silver content ensures intrinsic worth, while the design adds numismatic appeal, potentially increasing collectibility. Historically, silver has been a store of value, and incorporating these coins into a portfolio can provide diversification and potential for long-term appreciation.