The 1890-O example of this specific coin represents a valuable piece of American numismatic history. Struck at the New Orleans Mint, it is composed of 90% silver and 10% copper, adhering to the standard composition for coins of this type and era. The “O” mint mark indicates its origin. Its design features Liberty on the obverse and an eagle holding an olive branch and arrows on the reverse.
This particular year and mint mark combination is often sought after by collectors. The condition, rarity (influenced by mintage figures and survival rates), and historical significance contribute to its value. Owning such a coin provides a tangible connection to the late 19th-century United States, a period of significant industrial and economic change. It represents a store of value, a historical artifact, and a piece of artistic design from that era.