The price of a United States coin struck in 1904 and composed of 90% silver depends on a number of components. These components embody its situation, mint mark (if any), and the prevailing worth of silver in the marketplace. Cash in circulated situation typically possess a price reflecting their silver content material, whereas uncirculated or proof examples can command a major premium. For example, a worn specimen may be valued primarily for its soften worth, whereas a pristine coin could possibly be of curiosity to collectors, growing its worth considerably.
Understanding the components that affect the value of this explicit silver coin gives perception into numismatics and valuable metals investing. It gives a tangible hyperlink to early Twentieth-century American historical past and demonstrates how financial circumstances and collector demand can form the monetary significance of historic artifacts. The coin’s worth just isn’t static; it fluctuates primarily based on the silver market and the general curiosity in collectible cash.
