Compare the best online dealer prices when shopping for 2023 St. Helena Modern US Trade Dollar 1 oz Silver Coin coins.
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This silver coin contains 1.000 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2023 St. Helena Modern US Trade Dollar 1 oz Silver Coin is $24.24 based on today's silver spot price.
Saint Helena is a remote island located in the South Atlantic Ocean that is part of the British Overseas Territory of Saint Helena, Ascension, and Tristan da Cunha.
During the 17th century, the East India Company established trading routes and trading posts throughout the world, and Saint Helena became a crucial stopover point for ships making the long journey to the East.
The East India Company recognized the importance of Saint Helena's location, and in 1657, it formally established a settlement on the island.
The primary purpose of the settlement was to provide a place where ships could resupply with fresh water, food, and other necessities before continuing their journey. Saint Helena's isolation and secure harbor made it an ideal location for this purpose.
In addition to its role as a refueling station, Saint Helena also played a part in the history of the British Empire.
Perhaps its most famous historical resident was Napoleon Bonaparte, the French emperor who was exiled to the island after his defeat at the Battle of Waterloo in 1815. Napoleon lived in exile on Saint Helena until his death in 1821.
Today, Saint Helena remains a remote and unique island with a rich history. It continues to be a British Overseas Territory and attracts visitors interested in its historical sites and natural beauty. The connection to the East India Company underscores the island's strategic importance during the colonial era and its role in facilitating global trade routes.
Precious metals are essential components in various industrial applications, from electronics to medical devices, providing additional sources of demand.
Over the long term, precious metals have demonstrated the potential for capital appreciation. While their value can fluctuate in the short term, they have maintained value over centuries.
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