A United States silver coin struck in 1884 at the New Orleans Mint is the subject of this analysis. The “O” mint mark, located on the reverse of the coin below the wreath, indicates its origin. These coins are composed of 90% silver and 10% copper, adhering to the specifications set by the Coinage Act of 1873.
This particular issue holds significance for collectors due to its historical context, minting figures, and potential variations in condition and strike quality. The New Orleans Mint played a crucial role in the production of silver coinage during this period, and surviving examples offer insights into the economic and industrial landscape of the late 19th century. Value is determined by factors such as rarity, grade (condition), and market demand.