The subject of this examination is a specific United States silver coin minted in 1880 at the New Orleans Mint, as indicated by the “O” mint mark. These coins contain approximately 0.7734 troy ounces of silver and were part of a larger series of silver dollar production authorized by the Bland-Allison Act of 1878. Their face value is one dollar.
These particular coins hold significance for several reasons. Their intrinsic value is tied to the fluctuating price of silver, making them attractive to investors. Collectors prize them for their historical value, condition, and relative scarcity depending on the specific variety and grade. The New Orleans Mint’s output during this era often presents unique characteristics, potentially impacting the value and desirability of specimens produced there. The coin’s history reflects the economic and political landscape of the late 19th century, offering insights into the silver debate and the role of currency in American society.
