The value of a specific United States coin minted in 1890 at the New Orleans Mint, commonly sought by collectors, is dependent on several key factors. These factors include its condition, also known as its grade, and the presence or absence of certain mint marks. Higher grades, indicating less wear and tear, generally command higher prices.
Understanding the factors influencing the valuation of this coin provides insight into broader trends within numismatics. Its historical context, relating to silver production and minting practices of the era, contributes to its significance. Furthermore, the “O” mint mark signifies its origin, the New Orleans Mint, which operated for several decades and produced a range of valuable coins. Demand for these coins continues to be driven by collectors seeking to complete sets or acquire specimens in exceptional condition, thereby impacting prices realized in the market.