This particular United States coin represents a significant issue within a popular series of silver currency. Struck at a specific mint facility during the late 19th century, it exemplifies the design and metallic composition standards of its era. Examples of this coinage, depending on condition and rarity, can command substantial premiums over their intrinsic silver value.
The importance of this coin lies in its historical context and the role it played in the nation’s monetary system. The circumstances surrounding its mintage, including silver legislation and economic conditions of the time, contribute to its numismatic appeal. Further, the specific mint mark designates a lower mintage compared to other mints that year, increasing its desirability among collectors. This combination of factors contributes significantly to its value and collectibility.
