The “S” on this United States coin signifies its production at the San Francisco Mint. This identifier is a critical feature for numismatists, as the location of manufacture often influences a coin’s rarity and, consequently, its value. As an example, the presence of this specific designation on a Peace Dollar minted in the year specified distinguishes it from those produced at other mints like Philadelphia or Denver.
Its significance stems from factors such as differing production volumes among the mints. Fewer coins bearing this indicator, coupled with superior condition, can substantially increase the coin’s desirability and market price. The historical context of the era in which it was produced, along with the San Francisco Mint’s output during that time, contributes to its collectible appeal. Furthermore, variations in striking quality and die usage between mints can result in unique characteristics valued by collectors.
