morgan

The item represents a specific year of U.S. coinage featuring a notable design and composition. Examples of this item can be found in various states of preservation, influencing their collectibility and market value. The denomination is one dollar, composed of silver, and minted according to regulations established at the time of its production.

Its significance stems from its historical context during a period of American expansion and industrial growth. It serves as a tangible connection to the monetary policies of the late 19th century and is a significant artifact for collectors, historians, and investors. Its intrinsic metal value and rarity in certain conditions contribute to its enduring appeal.

Read more

This specific U.S. coin, minted in 1889, represents a tangible piece of American history. It is a product of the late 19th-century silver boom and subsequent government legislation requiring large-scale silver coinage. The coin itself contains a significant amount of silver and features a design emblematic of the era’s artistic sensibilities, depicting Liberty on the obverse and an eagle on the reverse. The New Orleans minted version of this year can often command a significant premium due to lower mintages and often the presence of the “O” mint mark.

The historical significance of this particular coin extends beyond its metal content. It serves as a reminder of economic policies and political debates surrounding silver coinage during the late 1800s. The Coinage Act, intended to bolster the silver market, resulted in vast quantities of these dollars being produced. The values associated with these can be substantial, especially for coins in exceptional condition, and often are highly sought after by collectors due to relative scarcity of the New Orleans minted version and its role in numismatic history.

Read more