The merchandise in query refers to a United States silver greenback minted in 1887, bearing the Morgan design. This coin incorporates roughly 0.7734 troy ounces of silver and was a product of the Comstock Lode silver rush period. An instance is a coin struck on the Philadelphia Mint in 1887, marked with no mint mark, or one produced on the New Orleans Mint, designated by an “O” mint mark.
These specific items maintain significance for collectors resulting from their historic context as consultant forex of the late nineteenth century American economic system. Their inherent silver content material offers them intrinsic worth, whereas their collectibility drives further value based mostly on components like mint mark, situation (graded utilizing requirements just like the Sheldon scale), and rarity of particular varieties or errors. These cash supply a tangible hyperlink to the silver commonplace period and the artistry of George T. Morgan’s design.