Surprisingly, coins with mistakes can be highly valued because of their rare and unique flaws. It's not surprising that a coin's rarity plays a crucial role in determining its worth.
For instance, in 2005, a 1972 S silver dollar broke an auction record with a selling price of $5,750. Coins that contain more silver and are in better condition are considered to be of higher value.
The value of a coin is commonly established based on the amount of silver it holds.
