The item in question represents a specific year and mint mark of a United States silver coin. Struck at the Carson City Mint in 1889, it is composed of 90% silver and 10% copper. Its design features Liberty on the obverse and an eagle on the reverse. These coins were a product of the Bland-Allison Act of 1878, which mandated the purchase of silver and its coinage into dollar coins.
This particular coin is significant due to its relative scarcity compared to other coins of the same series. The Carson City Mint produced fewer of these coins, and many were later melted down, increasing the value of surviving examples. Its historical context lies within the late 19th-century debates surrounding silver coinage and its economic impact. Collectors and investors value such items for their intrinsic silver content, historical significance, and rarity.