The worth of a United States silver dollar struck in 1891 is dependent on a confluence of factors. These include its condition, mint mark (or lack thereof), and overall rarity. Coins in circulated condition will generally have a lower market price than those graded as uncirculated, which exhibit minimal wear and retain their original luster.
Understanding the potential worth of a coin from this era requires considering both intrinsic and collectible value. The inherent silver content provides a baseline, but the demand among numismatists often drives prices significantly higher. The historical context, including the coin’s role in the late 19th-century American economy and the specific mintage numbers from each mint, further influences its desirability and, consequently, its price.