whatever 1 oz. of silver is worth
It is worth what 1 oz of silver is worth which at the time of writing is $27.59 but silver changes in prices very frequently.
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According to the latest Engelhard Commodities, 1 oz of silver is worth: $21.
Spot price of silver right now is $17.66 per oz. so a buy price of about $15.00 As of 1-16-2011 1 troy oz now worth $28.17
The current price of silver is about $17/oz
one dollar
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The coin is worth the 1 oz of silver, and nothing more
A 1986P American Silver Eagle in uncirculated condition is worth about $20. If proof 1986S, it is worth about $40.
At the current spot price of $16.54/oz (29 Nov 2017), that much silver is worth $2.26.
Allowing for inflation, it was valued at $8 - $9.