The subject in question represents a specific iteration of United States coinage. Struck in 90% silver, these dollars feature a design conceived by George T. Morgan. The year marked on the coin indicates its period of minting and, consequently, a key factor in determining its potential value and rarity.
The desirability and significance of such an issue stem from a confluence of factors, including its limited mintage figures relative to other years, its condition, and any unique characteristics or errors present. Its historical context as part of the broader era of silver dollar production in the United States adds to its collectibility and investment potential. Certain mint marks or lack thereof, further contribute to the uniqueness and value.