The phrase identifies a selected United States coin: a silver greenback minted in 1881. Understanding the price of this coin requires contemplating a number of components. These embrace its mint mark (or lack thereof), its situation, and present market demand. The presence of a Carson Metropolis (CC) mint mark, for instance, considerably influences the worth, as cash from that mint are sometimes scarcer. Grading, which assesses put on and preservation, is essential, with uncirculated examples fetching significantly larger costs than these with heavy put on.
Figuring out the price of such a coin includes assessing its numismatic worth, which extends past its intrinsic silver content material. Its historic context minted throughout the peak of the Morgan greenback sequence contributes to its collectibility. The coin represents a tangible piece of American historical past and financial exercise from that interval. Potential advantages to collectors embrace historic significance, diversification of belongings, and, underneath sure circumstances, potential appreciation in worth.