The item in question is a specific variant of United States coinage, minted at the Carson City branch of the U.S. Mint in 1890. This particular coin is composed of 90% silver and 10% copper, adhering to the standard composition for its type. The obverse features a profile of Lady Liberty, while the reverse displays an eagle clutching arrows and an olive branch. Its distinguishing characteristic is the “CC” mint mark, indicating its origin at the Carson City Mint.
These pieces are highly sought after due to a combination of factors. The Carson City Mint had a relatively low production volume compared to other mints. Consequently, these coins are scarcer, driving up their value among numismatists. Furthermore, the historical context of the Carson City Mint, located in a silver-rich region during the late 19th century, contributes to their allure. The silver content also adds intrinsic value, though this is typically far overshadowed by the numismatic premium.