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The coin is actually an American Silver Eagle bullion coin that is made from one ounce of .999 pure silver. It's value is tied to the spot price of silver at the time of sale, which is $28.19 today.
Wiki User
∙ 11y ago
Wiki User
∙ 14y agoYes. The "$1" denomination is artificial - the words "1 oz fine silver" are what matter. You have a bullion piece sold for its precious metal value and not for spending. Its value will fluctuate with the price of silver, but as of 02/2010 it might sell for $17-18.
Wiki User
∙ 14y agoThe value for the silver as of today is about $18.00
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