He means that the current price of silver is $13.75. Your coin has silver in it and at the current melt price it would fetch around 77 cents. The condition is too poor to be worth anything more to a collector.
Realize that that is the total value of the silver, if you sold it you'd get less. everyone has to make a profit, and there are smelting costs.
The picture is of a re-punched mint mark not a DD I tried to get you a link to the coneca top 100 RPM but I could not sorry.