A United States dollar coin, minted primarily between 1878 and 1904, and again in 1921, represents a significant period in American numismatic history. Specifically, those specimens struck during the 1880s are frequently encountered by collectors, representing a peak in production at several mint facilities. These coins are composed of 90% silver and 10% copper, giving them a substantial weight and intrinsic value beyond their face value.
These particular pieces hold considerable interest due to their historical context, which coincides with the economic and political landscape of the late 19th century. The Bland-Allison Act of 1878 mandated the purchase of large quantities of silver for coinage, leading to mass production of these coins. This period reflects debates surrounding silver coinage, monetary policy, and the role of the federal government in the economy, imbuing them with significance beyond mere currency.
