The value of a specific United States coin minted in 1901 at the New Orleans Mint, bearing the “O” mint mark, is contingent upon several factors. These primarily include its condition, the presence of any mint errors, and the current market demand for this particular coin. Higher grades, indicating minimal wear and tear, command higher prices.
This coin holds significance for collectors due to its historical context within the Morgan Silver Dollar series and its relative scarcity compared to other issues. Certain examples exhibit exceptional luster, strike quality, or possess notable imperfections, all contributing to potential premium value. Scarcity stemming from lower mintage numbers or high attrition rates over time directly impacts the price realized in numismatic markets.