The merchandise in query is a commemorative coin issued by the US Mint in 1986. It’s composed of 90% silver and 10% copper. The coin was launched to have fun the centennial of the Statue of Liberty and Ellis Island. Its obverse design includes a depiction of the Statue of Liberty, whereas the reverse showcases a picture of an immigrant household arriving at Ellis Island.
This commemorative coin holds significance as a consequence of its historic affiliation with two iconic American symbols: the Statue of Liberty, representing freedom and alternative, and Ellis Island, the gateway for tens of millions of immigrants searching for a brand new life. The coin serves as a tangible reminder of the nation’s heritage and its enduring values of liberty and immigration. Moreover, its silver content material contributes to its intrinsic worth, making it enticing to collectors and traders alike. Its launch performed a task in revitalizing curiosity in commemorative coinage and contributed to fundraising efforts for the restoration of the Statue of Liberty.