These collectible items, primarily composed of silver and featuring a Native American head motif, represent a distinct period in United States coinage history. The denomination is generally a small fraction of a dollar, often a nickel or a dime. A specific example includes the 1913 Type 2 nickel, highly sought after by numismatists due to its unique design and limited mintage.
The historical relevance of these pieces lies in their depiction of Native American culture and the economic landscape of the early 20th century. The intrinsic value is tied to the silver content, while the numismatic value is driven by rarity, condition, and historical significance. Collecting them provides a tangible connection to the nation’s past and a potential investment opportunity.