This United States commemorative coin, authorized by Public Law 99-61, celebrated the centennial of the iconic monument and its reopening after extensive restoration. The coin, composed of 90% silver, was issued in both proof and uncirculated versions and held a face value of one dollar. The obverse design typically features a depiction of the monument itself, while the reverse commonly showcases an image related to immigration or American ideals. The designs aimed to encapsulate the spirit of freedom and opportunity associated with the landmark.
Its significance lies not only in its precious metal content but also in its representation of American history and values. The coin served as a tangible reminder of the ideals of liberty and immigration that the statue symbolizes. Proceeds from the sale of this commemorative issue often went towards the continued preservation and maintenance of the monument, ensuring its enduring legacy for future generations. Furthermore, its collectibility makes it a sought-after item for numismatists, representing a historical and artistic artifact of American culture.