This particular United States coin, minted in 1884 at the New Orleans Mint, is a prized piece among numismatists. Its worth is contingent on several factors, including its condition, the presence or absence of errors, and overall market demand. A coin in circulated condition will generally have a lower price point than an uncirculated example.
The significance of this coin stems from its historical context as a representation of late 19th-century American coinage and the role of silver in the nation’s economy. The New Orleans mintmark “O” further distinguishes it and can influence its collectibility. Understanding the grading standards and market dynamics is essential for both buyers and sellers interested in this piece.