The 1921 Morgan silver dollar represents the Unites States return to minting silver dollars after a 17 year hiatus. Thanks to a provision in the Pittman act of 1918, commanding a major meltdown of Morgan silver dollars made before 1904 to aid England in their effort to pay for mounting war costs during World War I, silver dollars made their triumphant return in 1921 with over 88 million produced for circulation.
It also represents the only time in the Morgan silver dollar series’ storied history that the mint in Denver produced any of the iconic silver dollars. The shear fact that the 1921 Morgan silver dollar was made in such abundance means that the coin itself is not very valuable from a numismatic standpoint. The 1921 Morgan silver dollar, much like all of it’s counterparts in the Morgan silver dollar series, still has silver in it and that means it is still worth much more than it was in 1921. The silver content of the 1921 Morgan silver dollar is just over three quarters of an ounce of silver and the composition of the 1921 Morgans silver dollar is 90% silver and 10% copper. The weight of the 1921 Morgan silver dollar is 26.7 grams, meaning that 24.03 grams of that is silver.
Circulated coins of the 1921 Morgan silver dollar type regularly trade on the open market for their weight in silver. If a 1921 Morgan silver dollar is in what would be considered by a profession numismatist as a brilliant uncirculated condition, it will likely find itself in a category of coins that trades for a small percentage over the value of silver within the coin. Unfortunately for those who appreciated the coins at the time, the 1921 Morgan silver dollar was the last in the line of Morgan silver dollars.
The same year they made the 1921 Morgan silver dollar, production began on the 1921 Peace silver dollar, which would be the last true silver dollar America would produce for circulation. Fortunately for coin collectors young and old, the 1921 Morgan silver dollar was made in such vast amounts that these coins can be easily collected and added to even the most basic of coin collections.
The Morgan silver dollar played a very important role in our young nation’s history and the 1921 Morgan silver dollar embodies that notion with it’s mostly unaltered design form the very first Morgan silver dollar way back in 1878. If you have a 1921 Morgan silver dollar you would like to sell, or if you are in the market to purchase a 1921 Morgan silver dollar, just call or come in to Nevada Coin & Jewelry and let our highly respected coin professionals help you today.
