This particular coin, minted on the San Francisco Mint, is a United States silver greenback produced in 1893. It accommodates roughly 0.77344 troy ounces of silver and options the enduring Morgan design, depicting Liberty on the obverse and an eagle on the reverse. Its “S” mint mark distinguishes it from cash struck at different mints. This coin is extremely wanted by collectors attributable to its relative shortage and historic significance.
Its worth stems from a mix of things: low mintage numbers in comparison with different years within the Morgan greenback sequence, excessive demand from numismatists, and inherent treasured metallic content material. The financial situations throughout the Eighteen Nineties, significantly the Panic of 1893, contributed to the restricted manufacturing. Its well-preserved examples typically command important premiums, making it a probably profitable funding and a tangible piece of American historical past.
