The required coin is a United States Mint bullion piece minted in 1996, composed of .999 effective silver and graded Mint State 70 (MS70) by a third-party grading service. This designation signifies a coin in excellent situation, exhibiting no post-production imperfections at 5x magnification. For instance, a coin of this description would have flawless surfaces, sharp strike, and pristine luster.
Its significance stems from a confluence of things. The yr of mintage impacts worth, with sure years being extra wanted by collectors as a result of decrease mintages or historic significance. The silver content material gives intrinsic price, fluctuating with the market value of silver. The MS70 grade elevates its desirability, commanding a premium over decrease graded examples as a result of its rarity and aesthetic enchantment. The historic context of the American Eagle coin program additional provides to its collectibility as an iconic illustration of American coinage.