This particular numismatic item represents a tangible piece of American history, minted at a specific branch of the United States Mint. Its composition is predominantly silver, conforming to the specifications outlined in the Coinage Act of 1873. Examples of these coins are frequently sought after by collectors due to their historical significance and relative scarcity in higher grades.
The value of these pieces extends beyond their intrinsic metal content. Factors such as condition, mintage figures, and historical context significantly influence their desirability and market price. Mintmarks can distinguish the originating mint, impacting collectibility. The Carson City Mint, in particular, has garnered attention due to its shorter operational period and resultant scarcity of certain dates and varieties.