This particular United States coin, minted in 1896, is composed of 90% silver and 10% copper. It is a classic example of American numismatic history, readily recognizable by its depiction of Lady Liberty on the obverse and an eagle on the reverse. Mint marks, or the absence thereof, denote the specific location of its production (Philadelphia, New Orleans, San Francisco, or Carson City). These variations greatly influence the coin’s collector value.
Its significance stems from its historical context during the late 19th-century silver standard debate, as well as its appeal to collectors due to its age, silver content, and relatively large size. Furthermore, mint state examples of this coin are particularly prized for their preservation and luster. It serves as a tangible link to a bygone era of American commerce and monetary policy.