The item in question represents a specific United States silver coin produced in 1891 at the New Orleans Mint. It is composed of 90% silver and 10% copper and features a design emblematic of American westward expansion and industrial growth during the late 19th century. The “O” mintmark signifies its origin at the New Orleans branch of the United States Minting system.
These coins hold significance for collectors due to their historical context, silver content, and relative scarcity depending on the mint and condition. The New Orleans mint produced a substantial number of these coins in 1891. Preservation quality drastically impacts the coin’s value, with uncirculated specimens commanding significantly higher prices than those exhibiting wear. The coin offers a tangible link to a transformative period in American history, reflecting both the economic power of silver and the artistic craftsmanship of the era.