This particular United States coin represents a specific issue within a larger series of silver dollars struck from 1878 to 1904, and again in 1921. Minted in 1893, it embodies the design conceived by George T. Morgan, featuring Liberty on the obverse and an eagle on the reverse. The coin’s inherent value is derived from its silver content, while its collector value is significantly impacted by its condition, mint mark, and mintage figures for that specific year.
The significance of this coin stems from its historical context within the late 19th-century United States, a period of significant economic and social change. It served as a medium of exchange during a time when silver was a contentious issue in national politics, particularly concerning bimetallism. Surviving examples offer a tangible link to this era and provide insight into the artistry and economic realities of the time. Its rarity, particularly in higher grades, makes it highly sought after by numismatists.
