The worth of a United States coin minted from 1878 to 1904, and again in 1921, is determined by several factors. These include its silver content, condition, rarity based on mint mark and year, and prevailing market demand. For instance, a coin in circulated condition with a common date may be worth slightly more than its silver melt value, while an uncirculated example with a low mintage number could command significantly higher sums.
Understanding the factors impacting the monetary assessment of these coins is crucial for collectors and investors alike. Its place in American numismatic history, coupled with its intrinsic metal worth, renders it a sought-after item. Its historical significance stems from its era of production during a period of significant westward expansion and the use of silver from the Comstock Lode.
