This particular United States coin, struck in 1898 at the San Francisco Mint, represents a tangible piece of American history from the late 19th century. It is composed of 90% silver and 10% copper, and bears the iconic Morgan design, featuring Liberty on the obverse and an eagle on the reverse. The “S” mint mark indicates its origin in San Francisco.
The significance of this coin lies in its silver content, historical context, and collectibility. As a silver bullion coin, it holds intrinsic value derived from its precious metal composition. Furthermore, its production during a pivotal period in American economic and political history adds to its appeal. Collectors value this coin based on its condition, rarity, and the presence and quality of its mint mark, which significantly influence its numismatic worth.