The term identifies a specific United States silver coin, minted between 1878 and 1904, and again in 1921, that has been graded as Mint State 65 (MS65). This grade indicates an uncirculated coin exhibiting above-average luster and only minor imperfections. For instance, a coin described using this terminology shows no signs of wear but may possess a few scattered contact marks, faint hairlines, or a slightly weak strike.
Coins fitting this description hold significance for collectors due to their combination of preservation quality and historical value. Their uncirculated status, paired with the coin’s age and intrinsic silver content, contribute to its desirability and potential market value. Furthermore, the coin represents a tangible link to a pivotal period in American history, reflecting the economic and political climate of the late 19th and early 20th centuries.