This specific type of United States coinage represents a convergence of several historical factors. Minted in a specific location and during a particular era, it combines the intrinsic value of its metallic composition with the numismatic significance derived from its mintage location and the historical context of its design.
The appeal of these coins lies in their relative scarcity, particularly those in well-preserved condition, which makes them attractive to collectors and investors alike. The historical events surrounding their production, including the silver mining boom of the late 19th century and the role of the mint facility in the economic development of the region, further enhance their desirability. The tangible link to a specific place and period in American history adds to their value and collectibility.