The item in question refers to a United States twenty-five cent coin, composed of 90% silver, featuring the Standing Liberty design, and notably lacking a date. This absence of a date is the result of wear and tear on the coin, as the date was positioned in a high-relief area prone to abrasion. A common example is a well-circulated coin where the date is completely worn away, leaving a blank space where the year of minting would normally be found.
Such coins, while no longer possessing numismatic value as collectible specimens due to the missing date, still hold intrinsic value based on their silver content. This inherent worth makes them attractive to individuals interested in precious metal investments or those seeking material for crafting and other artistic endeavors. Moreover, they represent a tangible link to a specific era of American coinage, despite the loss of their exact year of production.