A numismatic item, struck at various United States mints in 1886, is composed of approximately 90% silver and 10% copper. This specific coin, part of a series minted from 1878 to 1904 and again in 1921, embodies the historical and economic context of the late 19th century. Examples can display varying degrees of wear and may exhibit mint marks indicating their origin.
The desirability of these coins stems from several factors, including their silver content, historical significance, and collectibility. Their intrinsic value is tied to the fluctuating price of silver, while their numismatic value is influenced by rarity, condition, and mint mark. The coin reflects a pivotal period in American history, marked by westward expansion and the burgeoning silver mining industry. Owning one provides a tangible link to this era.