The worth of a United States silver dollar minted in 1889 is subject to fluctuations dependent on several key factors. These include the coin’s condition, its mint mark (or lack thereof), and the prevailing market demand among collectors. A coin in pristine, uncirculated condition will typically command a higher price than one exhibiting significant wear and tear.
The intrinsic value of this specific year’s silver dollar extends beyond its face value due to its composition of 90% silver. Historical context also plays a significant role. The 1889 silver dollar represents a tangible link to a specific period in American history and reflects the economic and social circumstances of the time. Collector interest is consistently driven by rarity, historical significance, and the aesthetic appeal of the coin.