The assessment of a 1964 silver dollar’s value involves several factors. The primary determinant is the silver content, which fluctuates with market prices. Condition also plays a significant role; a coin in pristine, uncirculated state will command a higher price than one showing wear and tear. Numismatic value, driven by rarity and collector demand, further influences its worth.
Understanding the factors influencing the monetary value of these coins is crucial for collectors and investors alike. The historical context, being the last year of circulating silver dollars in the United States, adds to their inherent interest. Their composition, containing 90% silver, provides a tangible asset tied to precious metal markets, offering a degree of intrinsic worth. Numismatists find them appealing due to their historical significance and potential appreciation over time, dependent on factors such as mintage figures and preservation.