The merchandise in query represents a particular iteration inside a collection of United States silver cash. Its designation incorporates the yr of its minting, the collection to which it belongs, the metallic composition, and an indicator of the mint facility answerable for its manufacturing. These items are composed of ninety p.c silver and ten p.c copper. The “O” signifies that it was struck on the New Orleans Mint.
These numismatic objects maintain significance for a number of causes. They embody a tangible piece of American historical past, reflecting the financial and creative sensibilities of the late nineteenth century. Their inherent silver content material gives intrinsic worth, whereas their relative shortage, notably these in well-preserved situation, enhances their collectibility. The New Orleans Mint mark provides one other layer of desirability for collectors, making specimens from this mint facility doubtlessly extra useful than these produced elsewhere.
