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The value can be assessed on three levels: (1) Silver content value, (2) Collector's value, and (3) Currency face value.
(1) This is the largest contributor to the value of the coin, which contains one ounce of high purity silver from a national mint. The price of silver fluctuates daily and is currently near $30 USD per ounce. The price of silver has risen dramatically over the last several years, and many people expect this trend to continue. The price of silver may be monitored through reputable exchanges such as apmex.com.
(2) The collector's value adds a premium above the value of the silver content of the coin based on its desirability to collectors. Factors such as condition, popularity of the design, individual collector interest, and the number of coins minted (rarity) all contribute to the price a collector might be willing to pay above the price of the silver. This particular coin has a low mintage of around 17,000 coins.
(3) The currency face value could also be considered, but may be misleading. Although the coin is legal money in Mongolia (the togrog is the unit of money there), $1 USD = 1,252 Tg (roughly). Clearly using the coin as money would not be wise given the price of silver. Bullion coins are minted primarily as standardized metal issues. Some countries also legally permit them as legal currency, but the low face values given discourage their use.
To assess the overall value, consider the price of 1 ounce of silver plus a collector's premium. Changes in either or both of these will change the value of the coin. At $30 per ounce of silver, the coin could be assessed at $30-40 (depending upon the amount of collector's premium). For purchasing it, the closer to the price of the silver, the better the deal. For selling it, a coin dealer or silver exchange will offer a slightly lower value than what it would sell for. At a minimum, it is desirable to get close to the bid price of silver (see apmex.com); even better would be to get well above the bid price or the cost the silver (make more money).
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