Morgan Silver Dollar 1921 Value Guide

The 1921 Morgan Silver Dollar marks the historic final year of production for George T. Morgan's iconic design before it was replaced by the Peace Dollar. It is uniquely collectible as the only year the series was struck at all three mints simultaneously following a seventeen-year production hiatus.

What Is Morgan Silver Dollar 1921 Worth?

The typical price range for Morgan Silver Dollar 1921 is $51 - $80 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The specific mint mark, as 1921 was the only year Denver (D) produced this specific design.
• The numerical grade and state of preservation, particularly the presence of original mint luster.
• Surface marks or evidence of past cleaning, which can significantly detract from numismatic value.
• The current spot price of silver, given the coin's 90% silver content.

How to Identify Morgan Silver Dollar 1921?

• Locate the designer's initial 'M' at the base of Lady Liberty's neck on the obverse side.
• Verify the 90% silver and 10% copper composition which provides a specific weight and metallic ring.
• Check the reverse above the 'DO' in 'DOLLAR' for the mint mark (S for San Francisco, D for Denver, or no mark for Philadelphia).
• Confirm the 1921 date is sharply struck at the bottom center of the obverse profile.

History of Morgan Silver Dollar 1921

The Morgan Dollar is a silver dollar coin minted by the United States Mint from 1878 to 1904, and then again in 1921. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and put an end to the previous design, the Seated Liberty dollar. The coin is named after its designer, George T. Morgan, an English-born engraver. The 1921 issue is particularly notable as it was the only year the Morgan Dollar was produced at all three mints simultaneously and was the final year of its production before being replaced by the Peace Dollar.