A United States coin, minted in 1889, composed primarily of silver and bearing the iconic Morgan design, holds a significant place in numismatic history. Its face value was one dollar, and it was part of a series produced from 1878 to 1904 and again in 1921. These particular specimens often exhibit unique characteristics based on the mint of origin, affecting their potential value.
The appeal of these coins lies in a confluence of factors: their intrinsic silver content, the artistry of the design, and their historical significance as symbols of the late 19th-century American economy. Their role in commerce during that era, coupled with the relatively limited mintages of certain varieties, contributes to their desirability among collectors. This demand subsequently influences the market price and potential investment benefits.