The price of a United States coin minted in 1964 comprised of 90% silver is topic to fluctuation primarily based on two main components: its silver content material and its situation. The intrinsic value derives from the prevailing spot value of silver, multiplied by the coin’s silver weight. Numismatic evaluation, factoring in put on and tear, grading and rarity additionally contributes to its market value. For example, a circulated instance is likely to be value solely its silver soften worth, whereas an uncirculated or error coin may command a big premium.
The importance of those cash lies of their historic context and valuable metallic content material. They characterize a tangible piece of mid-Twentieth century United States coinage and function a hedge towards financial uncertainty as a result of their silver composition. The cash attraction to collectors, traders, and people fascinated about preserving a tangible asset whose value is tied to the commodity market.