The merchandise in query is a United States greenback coin, composed of roughly 90% silver and 10% copper. It was minted in 1891 as a part of a sequence of silver {dollars} approved by the Bland-Allison Act and designed by George T. Morgan. Specimens could be present in various situations, starting from circulated to uncirculated, which considerably impacts their worth.
These cash maintain appreciable significance because of their historic context, representing a interval of American industrial growth and the silver mining increase. The numismatic worth stems from their silver content material, shortage primarily based on mintage figures and surviving examples, and the demand from collectors. Preserved examples provide a tangible hyperlink to the late nineteenth century and symbolize a extensively collected piece of American coinage historical past.