The worth of a United States coin minted in 1958 and composed of 90% silver is subject to fluctuations based on several key determinants. Primarily, the spot price of silver plays a pivotal role, as the intrinsic metal content contributes significantly to the coin’s overall price. Furthermore, the condition of the coin, ranging from circulated to uncirculated, drastically impacts its desirability among collectors and investors. Finally, rarity factors, such as mint marks and specific die varieties, can elevate its value beyond its silver content.
The metal composition and historical context provide intrinsic worth and collectibility. The silver content serves as a tangible asset, providing a hedge against economic uncertainty. Coins in superior condition are particularly sought after due to their aesthetic appeal and preservation of historical detail. Certain mint marks or errors from that period are more uncommon, increasing the demand from numismatists. Possessing such a coin offers both historical significance and potential financial gain.