Coin Values Moving with Precious Metals: Up-Dated 2/8/2021: Gold $1813 | Silver $26.90
1921 P High Relief Peace Silver Eagle Dollar Coin Poor Circulated Full Date. 1921 AU Small (ding left of face) Peace Silver Dollar. 1921 P High Relief Peace Silver Eagle Dollar Coin Poor Circulated Full Date. 1921 AU Small (ding left of face) Peace Silver Dollar. $89.99 + $8.40 shipping. Peace Dollar (1 Dollar) 1921-1935 Silver. $31.87 + $3.49 shipping. 1922-1926 Peace Silver Dollar Brilliant Uncirculated & Wood Box.
Pushed higher by bullion prices your 1921 Morgan silver dollar value is a minimum of $24.55 . And of higher value to collectors are those found today in top preservation.
Note: Two designs were used in 1921: if your dollar does not match the image see Peace Dollar Values.
Quality of preservation is the key driver to realizing higher potential with your coin. Although a very old coin, 1921 Morgan dollars are available in large quantities in circulated, worn condition. Today's collectors focus on examples that are in the top range of 'uncirculated' condition.
Pictured to the right is a gem uncirculated 1921 silver dollar. It is of the quality that commands a significant premium. Lustrous, no wear, few abrasions and eye appeal place it high on collectors want list.
Another consideration is the mint that struck your coin. Mintmarks were used to identify the various mints at the time, each is collected and valued separately. Below the value chart are sections covering both identifying mintmarks and determining condition. Accurate 1921 Morgan silver dollar value relies on these details.
Mintmarks placed on these 1921 dollars indicate the branch mint that struck your coin. Philadelphia the main mint did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints. San Francisco struck coins using an 'S', and Denver used a 'D' mintmark. Historically; 1921 is the only year the Denver mint produced Morgan silver dollars.
1921 Morgan Silver Dollar Values | ||||
---|---|---|---|---|
Condition of Coin | ||||
Date | Good | Fine | Extremely Fine | Uncirculated |
1921 Morgan Silver Dollar Values Updated | 2/8/2021 | |||
1921 | $24.55 | $25.44 | $28.24 | $45.19 |
1921 D | $24.55 | $25.44 | $28.24 | $49.49 |
1921 S | $24.55 | $25.44 | $28.24 | $49.49 |
Special in many ways, the coin pictured is one of the finest survivors of all the 1921 silver dollars minted at the Denver mint. Of the over 20 million struck, this coin is one of just an elite few this nice. Also notable; it is the only year Morgan dollars were minted at the Denver facility, giving it extra collector appeal.
From a distance the radiating blue and white luster captures the eye highlighting the bold, well defined strike. Adding character, a slight amount of natural deep blue toning has developed along parts of the rim framing Liberty.
Close-up this stunning example displays why it is so special. Virtually no contact marks are seen and only tiny disruptions or abrasions to the delicate luster. A coin with extraordinary handling since the moment it was struck.
Drawing the attention of many collectors and dealers it reached a bid of $1600 at a David Lawrence rare coin auction. A price multiples above other uncirculated 1921 dollars. A special combination of great looks and preservation sets this 1921 Morgan silver dollar value high.
Follow along with the images and descriptions as a Morgan dollar begins to wear from freshly minted 'Uncirculated' condition, to a very worn example in 'Good' condition. By judging the different stages of wear, a 'Grade' is determined. The greater the detail remaining, the greater your 1921 Morgan silver dollar value.
Uncirculated: To reach 'uncirculated' condition all original, as minted detail must remain. None has been removed due to wear. OK are nicks and abrasions from contact with other coins, this is normal due to the minting and storage process of silver dollars. Confirming the uncirculated grade is mint luster remaining on the entire surface, including her chin, neck line and hair below and above the ear. These areas are the first to wear and exhibit a dull and smooth texture once in circulation.
Extremely Fine: Once silver dollars begin to show slight wear their condition is graded as 'extremely fine.' Noticeable within the hair above Liberty's forehead and behind her neck, flattening is evident. Wear and loss of roundness also shows atop the folds of her cap. Your coin in this condition is still very sharp and crisp.
Fine: Circulation has now reduced most of the finer design detail to the point of merging. Clearly visible, moderate wear describes silver dollars in 'fine' condition. Liberty's hair both above and below the ear is noticeably worn with wide flat spots now replacing the original fine lines. Turning to the reverse, the leaves in the wreath are now very flat, most feathers in the eagle's neck have merged and the very tip of the wings lack any detail.
Good: Noticeable, heavy wear has reduced the entire design to just a few elements. A silver dollar with extensive wear is designated as 'good' condition. Wear has removed most detail leaving Liberty as an outline in low relief. Remaining are a few and now flattened hair curls showing behind her neck and ear. However the eagle on the reverse does show a few feathers close to the legs. In this condition your 1884 Morgan silver dollar value is tied mostly to bullion silver price.
Date by Date
In Depth Morgan Silver Dollar Value
1878 to 1921
1878 | 1885 | 1892 | 1899 |
1879 | 1886 | 1893 | 1900 |
1880 | 1887 | 1894 | 1901 |
1881 | 1888 | 1895 | 1902 |
1882 | 1889 | 1896 | 1903 |
1883 | 1890 | 1897 | 1904 |
1884 | 1891 | 1898 | 1921 |
Many rare and valuable dates and mintmark combinations are found throughout the entire 1878 through 1921 history of Morgan silver dollars. With a minimum value of $24.55 and rising from there, accurately determine how much your rare silver coins are worth.
No surprise here, the large size and classic designs insure Silver Dollars are one of the favorites with collectors. Each series is covered in detail, with values listed for all dates and mintmarks, including more on your 1921 Morgan silver dollar value. Compare your coins to images in the sections 'How to grade Silver Dollars' and accurately discover how much your old dollars are worth.
★Coin Values Discovery finds... 1921 Morgan Silver Dollar Value and...
Today there is a wide range of common to rare coin values found in your box of old coins. From your old pennies to gold coins, all US coin series are covered. Check value charts, identify mintmark locations and judge condition using grading images… all combine to accurately discover the value of your old coins.
Silver dollars, the Morgan and Peace series, are in demand by dealers. These old coins are very liquid in the coin collecting market. There are always buyers interested in purchasing your coins. Receive the highest price by separating the collectable from the bullion priced pieces. For more info see the Sell Silver Coins article.
Morgan and Peace Dollars are the last true silver U.S. Dollars.
These dollars are post-Civil War era coins. These predecessors of the Peace dollar are truly worth collecting.
Morgan dollars were first minted in 1878 to 1904. After 1904, because of the Pittman Act of 1918, many Morgan dollars and other silver coins were melted into bullion in order to aid Great Britain at the start of World War I. The Pittman Act authorized the melting of close to 4 million Morgan dollars to sell as bullion to Great Britain. After the fulfillment of the Pittman Act, the Morgan dollar was once again minted in 1921.
The wide range of years that the Morgan dollar was minted grants a great opportunity for collectors. Because they were minted for thirty-six consecutive years, there are a variety of valuable Morgan Dollars available for collection. Of course, the fineness of Morgans also lends them to be a worthwhile investment as they are mostly made of fine silver.
Named for its designer, George T. Morgan, the Morgan’s design is usually of Lady Liberty on the obverse and the American eagle on the reverse. Morgan’s Lady Liberty portrait was based on the profile of Anna Willess Williams. Williams, a school teacher, was described by Morgan as having had a near perfect profile and was considered excellent inspiration for the Lady Liberty design. It was also very serendipitous that Williams was from the epitome of American cities, Philadelphia. On the other hand, Morgan was a British-born engraver who was originally employed by the British Royal Mint. He later came to design and engrave for the u.s. mint because of a want for new and fresh designs.
Despite the want for new coin designs, the Morgan dollar has a surprisingly steady history of design. The Morgan underwent very few changes in the thirty-seven years that it was minted. The only real change was the change in master dies after the Pittman Act. The Pittman Act left the thought of any new Morgan dollars obsolete, so the original master die was destroyed. A new die had to be made for the production of the 1921 Morgans.
Peace dollars are considered the successors to Morgan dollars and the earliest mintage of the Peace dollar was in high relief.
Peace Dollars were minted from 1921 to 1928, after the legislation of the Pittman Act of 1918. The obsoletion of the Morgan dollar meant that new silver dollars had to be minted. although, this wasn’t the only reason for minting new silver dollars. the peace dollar was mainly minted to commemorate the end of world war i.
The Peace Dollar design was very important symbolism to Americans in post-World War I United States. There was even a contest held in order to designate an artist for the design. Ultimately, Anthony de Francisci, an Italian-American sculptor, was chosen as the final designer of the Peace Dollar. De Francisci’s original design pictured a broken sword and olive branch on the reverse. However, there was controversy over this design. Many saw the broken sword as symbolic of a loss, not peace. While de Francisci defended his original design, the American public demanded a change and the reverse design was changed to a perched bald eagle.