A United States coin produced at the New Orleans Mint in 1899, crafted from 90% silver and 10% copper, features the iconic design of Liberty on the obverse and an eagle clutching arrows and an olive branch on the reverse. The “O” mint mark designates its origin. This particular issue represents a segment of a larger series of silver currency minted from 1878 to 1904, and again in 1921.
This specific silver issue is significant due to its historical context, reflecting the economic and political climate of the late 19th century. It serves as a tangible link to the silver mining boom and the debates surrounding bimetallism. Collectors value examples of this coinage not only for their precious metal content, but also for their numismatic rarity, condition, and the stories they represent from a pivotal period in American history. The New Orleans Mint’s production often carries its own unique characteristics and collecting considerations.