The worth of a particular United States coin, minted in 1882 at the New Orleans mint, is a subject of considerable interest to numismatists and investors alike. Its intrinsic value is tied to its silver content, but its collector value is determined by several factors including its condition, rarity, and the presence of any mint errors.
This specific coin represents a tangible piece of American history. Its value transcends its precious metal composition, reflecting broader economic trends, collecting fads, and the overall demand within the coin market. Understanding its significance requires an examination of its minting history, the survival rate of examples in various conditions, and the fluctuating prices observed in auction settings and dealer inventories.