A United States coin struck in 1879 on the New Orleans Mint, recognized by the “O” mint mark, represents a tangible piece of American historical past and numismatic curiosity. These cash have been composed of 90% silver and 10% copper, adhering to the usual silver greenback composition of the period. An instance could be a well-preserved specimen exhibiting sharp particulars and minimal put on, indicating restricted circulation.
Its significance stems from a number of components. The silver greenback performed a vital function within the financial panorama of the late nineteenth century. Moreover, manufacturing on the New Orleans Mint provides a layer of distinct historic relevance, reflecting the financial and political dynamics of the Southern United States throughout Reconstruction. The aesthetic attraction, that includes Liberty on the obverse and an eagle on the reverse, contributes to its enduring desirability amongst collectors and traders.
