The item referenced is a United States silver dollar minted in 1879 at the New Orleans Mint. Identified by the “O” mint mark on the reverse side, it is a specific variety of the Morgan silver dollar, a coin series that was produced from 1878 to 1904, and again in 1921. These coins contain approximately 0.7734 troy ounces of silver.
This particular coin holds importance for collectors and numismatists due to its historical context, silver content, and the distinctive characteristics of the New Orleans Mint’s output. The New Orleans Mint, one of several branches of the U.S. Mint, played a crucial role in producing coinage for the expanding nation, particularly during the late 19th century. Coins from this mint can exhibit unique striking qualities, adding to their desirability. The “O” mint mark signifies its origin and contributes significantly to its value and collectibility.