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A numismatic item, specifically a coin produced by the United States Mint, holds considerable value due to its silver content, historical significance, and collector interest. The piece was struck during a period of prolific silver coinage and represents a specific design and year of production within that series. Its composition is approximately 90% silver and 10% copper, contributing to its intrinsic worth.

This particular coin holds a prominent place within American history and the realm of precious metal investments. Its importance stems from its role as a circulating currency during a pivotal time in the nation’s economic development. Furthermore, factors such as mint mark, condition, and rarity contribute significantly to its desirability among collectors, potentially yielding substantial financial benefits for owners. Its legacy as a symbol of American ingenuity and craftsmanship has solidified its enduring appeal.

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This specific coin is a United States silver dollar minted in 1898. It contains approximately 0.77344 troy ounces of silver and was part of a larger series produced from 1878 to 1904, and again in 1921. The coin features a depiction of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse, designed by George T. Morgan.

The historical significance of this silver dollar lies in its connection to the Bland-Allison Act of 1878, which mandated the purchase of large quantities of silver for coinage. This legislation aimed to support the silver mining industry and stabilize the economy, making these coins a tangible representation of late 19th-century economic policy. Collectors value these coins for their silver content, historical importance, and aesthetic appeal.

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The subject in question represents a specific iteration of United States coinage. Struck in 90% silver, these dollars feature a design conceived by George T. Morgan. The year marked on the coin indicates its period of minting and, consequently, a key factor in determining its potential value and rarity.

The desirability and significance of such an issue stem from a confluence of factors, including its limited mintage figures relative to other years, its condition, and any unique characteristics or errors present. Its historical context as part of the broader era of silver dollar production in the United States adds to its collectibility and investment potential. Certain mint marks or lack thereof, further contribute to the uniqueness and value.

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An iconic piece of American numismatic history struck at the Carson City Mint, this particular silver dollar represents a specific year and mint mark combination highly sought after by collectors. The “CC” mint mark signifies its origin from the Carson City Mint in Nevada, a facility that operated from 1870 to 1893 and is renowned for producing coins with lower mintages than other U.S. mints. This specific coin is thus a tangible link to the silver mining boom in the American West during the late 19th century.

The appeal of this coin stems from its rarity, historical significance, and inherent silver value. The Carson City Mint’s limited production, combined with the coin’s age and historical context, contributes to its collectibility and potential appreciation in value. Many collectors value these dollars as examples of American artistry and craftsmanship, as well as symbols of the nation’s economic and westward expansion. The “CC” mint mark instantly elevates the status of any silver dollar, making it a key component of many comprehensive collections.

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