1921 Morgan Silver Dollar: Value & Complete Price Chart

This is the story of the 1921 Morgan dollar, the last coin of the nineteenth century. It was an old design cipher expected to see again . example of a 1921 Morgan silver dollar from Philadelphia. image : USA CoinBook

What Is a 1921 Morgan Silver Dollar Worth?

Issue	Very Fine	Extremely Fine	About Uncirculated	Mint State 61	Mint State 63	Mint State 65	Finest Known
1921 (P)	$25	$25	$30	$35	$50	$125	$19,975 (MS67)
1921-D	$25	$32	$40	$50	$60	$250	$44,063 (MS68)
1921-S	$30	$35	$40	$50	$75	$575	$19,200 (MS67)

How Much Is a 1921 (P) Morgan Dollar Worth?

A full of 44,690,000 Morgan dollars were minted in Philadelphia in 1921. They are the most common write out of that year-date you will find. We refer to them here as 1921 ( P ) because these coins bear no mintmark. Most 1921 ( P ) Morgans in circulate condition deal for under $ 30. Values jump in grades of MS65 and above .

How Much Is a 1921-D Morgan Dollar Worth?

1921-D Morgan silver dollar. image : USA CoinBook The 1921-D Morgan saw a coinage of 20,345,000 silver dollars at the Denver Mint. They are less common than their counterparts made in Philly, and this is reflected in their prices. once you get into uncirculated ( i.e. mint state ) grades, the 1921-S Morgan sees prices rise well. The auction commemorate for this coin, graded Mint State 68, garnered over $ 44,000 .

How Much Is a 1921-S Morgan Dollar Worth?

1921-S Morgan silver dollar. image : USA CoinBook The San Francisco Mint struck 21,695,000 Morgan dollars in 1921. This was only slenderly more than the number produced at the other arm mint in Denver. 1921-S Morgan dollars grading in the abject mint submit range are very desirable. Like the 1921 ( P ), the auction record for this return sold for more than $ 19,000 .

Where Is the Mintmark on a 1921 Silver Dollar?

It ‘s important to know whether or not your mint has a mintmark. On both the Morgan silver dollar and Peace silver dollar, the mintmark is found on the reverse. For the Morgan dollar, this placement is centered at the bottom of the purpose. It is placed just below the tail feathers of the eagle . Mintmark placement on a Morgan dollar from Carson City, which stopped production in 1893. This besides raises the question of fakes. The Red Book warns that collectors should be leery of alter mintmarks. How can you tell if a 1921 ash grey dollar is very ? Our lead to spotting counterfeit coins will give you some useful tips for identifying real eloquent dollars. For a modest tip, you can constantly submit your mint to third-party grading services such as NGC and PCGS to have the coin authenticated, as well .

Buying Morgan Silver Dollars From Gainesville Coins

We besides have Morgan silver dollars for sale that are either “ crude ” or already certified by the leading third-party graders :

What Makes The 1921 Morgan Dollar Special?

The 1921 Morgan dollar was the final class for the design. It was besides the last U.S. coin design of the nineteenth century to be struck. 1921 Morgan dollar mintages at all three U.S. Mint locations ( Philadelphia, Denver, and San Francisco ) were the highest of the series. bountiful mintages and a low, flat fall means that the 1921 Morgan dollar is one of the least popular coins in the serial. By contrast, the 1895 emergence is the rarest Morgan dollar. lone proof were minted that year, and good 880 of them were produced .

Why Did the U.S. Make Silver Dollars In 1921?

The Morgan dollar was never that democratic with the public. It was invented by Congress as a subsidy for the politically herculean silver mining industry in 1878. No one had always expected to see newly Morgan dollars after the last ones were struck in 1904. In fact, the master hub were destroyed in 1910, when the U.S. Mint cleared out the hub and dies that were nobelium longer used. Events in WWI in 1918 led to the resumption of Morgan dollar production in 1921. The british were suffering a silver dearth that jeopardized the stallion Allied side in WWI. They had issued more silver certificates in India than they had flatware to back them. If India revolted, the british would have to make peace with Germany. The british politics appealed to the U.S. to sell them flatware . A throng of Morgan dollars. even though it risked losing the war, the “ silverite ” cabal in Congress refused to back the melt of silver dollars. This faction had forced the initiation of the Morgan dollar in the first place. They demanded that every silver dollar melted was replaced after the war in tax return for their defend. ( See “ The 1918 Pittman Act : Boondoggle Or Necessary Morgan Dollar Massacre ? ” for the fully fib. ) The 1918 Pittman Act forced the U.S. Mint to buy silver at $ 1 per ounce after the war to replace the 270 million silver dollars that were melted down. adenine long as silver medal prices were above a dollar, the silver miners preferred to sell their ore on the open grocery store. Once it dropped below that, they clamored for the politics to buy their eloquent. That moment came in 1920 .

The 1921 Morgan Dollar: Falling Flat

The 1918 “ manage with the ash grey devil ” had come due. The government was once again buying silver for more than the market price. ( silver prices would hit a low of 53 cents an ounce in March 1921. ) Since the victor Morgan dollar coin hub had been destroyed in 1910, Chief Engraver of the Mint George Morgan made new abject relief hub from cancel. His stress was on getting utmost habit out of the coin dies, alternatively of making pretty coins. This resulted in a coin that looked flat and lifeless, even when fully struck. This would be the last-ever year for the Morgan dollar ( for real number, this prison term, as the Peace dollar would replace it in December ). The emphasis at the Mint was not to commemorate this, but to shove them out the doorway vitamin a cursorily as potential. They would never see the easy of sidereal day, anyhow. silver dollars were stored in Treasury Department vaults to back the paper argent certificates that circulated. theoretically, you could ask to exchange your certificate for actual silver dollars, but this was rarely done. The big silver coins fair sat stacked in canvass bags inside locked vaults. Read more related posts and coin value articles from the numismatic experts at Gainesville Coins: 1921 Peace Silver Dollar Values & Mintages Eisenhower Silver Dollar Values & Price Chart rare Coins Worth Money : The Most Valuable Rare Coins canadian Quarters Worth Money : From 1870 to Today

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