The merchandise in query refers to a United States twenty-five cent coin, composed of 90% silver, that includes the Standing Liberty design, and notably missing a date. This absence of a date is the results of put on and tear on the coin, because the date was positioned in a high-relief space susceptible to abrasion. A typical instance is a well-circulated coin the place the date is totally worn away, leaving a clean house the place the 12 months of minting would usually be discovered.
Such cash, whereas not possessing numismatic worth as collectible specimens as a result of lacking date, nonetheless maintain intrinsic worth primarily based on their silver content material. This inherent price makes them engaging to people concerned about valuable steel investments or these looking for materials for crafting and different creative endeavors. Furthermore, they characterize a tangible hyperlink to a selected period of American coinage, regardless of the lack of their precise 12 months of manufacturing.