31.1 (1 oz). This beautiful 1 Oz Pure Silver coin commemorates Independence Day, known colloquially as the Fourth of July, is a federal holiday in the United States commemorating the Declaration of Independence, ratified by the Second Continental Congress on July 4, 1776, which established the United States of America. Delegates from the Founding Fathers of the Second Continental Congress declared that the Thirteen Colonies were no longer subject (and subordinate) to the British monarch, King George III, and were now united, free and independent states. Congress voted independence by passing the Lee Resolution on July 2 and adopted the Declaration of Independence two days later on July 4. Independence Day is the national holiday of the United States. Limited mintage of 704 pieces worldwide. This is a PRESALE coin.