- 1921 Morgan Silver Dollar Ms63
- 1921 Morgan Silver Dollar No Mint Mark
- 1921 Morgan Silver Dollar Value
- 1921 Morgan Silver Dollar Uncirculated
- 1921 Morgan Silver Dollar Ms64
Morgan silver dollars range in price from as low as $20 to as high as tens of thousands of dollars. It depends on their condition and the date they were minted, among other factors.
The 1921 Morgan Silver Dollar was produced in three mints: Denver, Philadelphia, and San Francisco. The New Orleans Mint used an 'O' and the San Francisco Mint an 'S”. The main mint in Philadelphia did not use a mintmark. Proof examples of Morgan Dollars from all years, including 1921, are rare which makes them expensive.
You're probably thinking: That's quite a wide range! This is why you should consult a numismatic expert to appraise the value of your coin when you’re ready to sell.
Each Morgan dollar is struck from 90% silver. Its fine silver weight is 0.77344 troy oz. (Gold and silver are measured in troy ounces.)
- Home 1921 Morgan Silver Dollars 1921 Morgan Silver Dollar CoinTrackers.com has estimated the 1921 Morgan Silver Dollar value at an average of $28, one in certified mint state (MS+) could be worth $120. Type: Morgan Silver Dollar.
- The 1921 Morgan Silver Dollar: A Popular Silver Coin for the Ages The 1921 Morgan Silver Dollar is a popular coin for collectors all over the world. It was an important coin that helped usher in the westward expansion of the United States.
- Detailed information about the coin 1 Dollar 'Morgan Dollar', United States, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data.
- Find 1921 MORGAN SILVER DOLLAR and more at collectors.com.
Popular Morgan Dollars
If your Morgan dollar is a special variety, it will likely command a higher price. These varieties are commonly known as VAMs. Some of them have earned fascinating nicknames. Most VAMs can only be seen under magnification, but a handful are visible with the naked eye.
Numismatists have even traced the history of each VAM to the dies used to strike the coins.
The abbreviation comes from 'Van Allen Mallis.' These are the last names of the experts who first documented the varieties.
Here are a few of the most popular VAM Morgan silver dollars.
1888-O 'Scarface'
'Scarface' Morgan dollar. Image source: VAMWorld
A die break caused one of the most famous Morgan dollar VAMs called 'Scarface.' A fracture in the die used to strike these coins left a prominent raised line on Lady Liberty's cheek.
1888-O 'Hot Lips'
'Hot Lips' Morgan dollar VAM. Image source: VAMWorld
The 'Hot Lips' VAM is the result of a mint error known as a doubled die. This causes parts of the design to appear doubled or overlapped. In this case, the effect is most obvious on Lady Liberty's lips. The Hot Lips variety is not especially rare but it is highly collectible.
1878-S 'Funky Feather'
1878-S 'Funky Feather' Morgan dollar. Image source: VAMWorld
This variety is from the first year the Morgan dollar was issued. The wing feathers of the eagle on the reverse design are noticeably crude. A portion of the wing exhibits a grainy appearance and is characterized by small raised dots.
Other varieties of the 1878 coin feature different numbers of tail feathers on the eagle.
A noteworthy pedigree will also influence the price of a Morgan silver dollar. In other words, who owned the coin before? Was it part of a famous collection or hoard? Sometimes this is also called the coin's provenance.
The 'PL' designation also adds collectible appeal to any silver coin. This stands for proof-like, meaning the coin has mirrored surfaces. Once unknown, these are now a favorite among collectors.
Below are some general guidelines to help you determine the value of your Morgan dollar.
How To Identify the Branch Mints
Several different branches of the U.S. Mint struck Morgan dollars. This is important to know because certain mints produced less coins in a given year than others.
Each branch corresponds to a mintmark. This is a short abbreviation on the coin that tells you the location where it came from:
- P (Philadelphia Mint)
- D (Denver Mint)
- O (New Orleans Mint)
- S (San Francisco Mint)
- CC (Carson City Mint)
In the case of coins from the Philadelphia Mint, the mintmark is omitted. You won't find a 'P' anywhere on the coin.
So if there is no mintmark, you'll know your coin comes from Philadelphia. As a general rule, these coins had higher mintages. That makes them less expensive than their counterparts from other mints.
How To Find the Mintmark
You will find the mintmark on the reverse of your Morgan near the bottom of the design.
Morgan dollar CC mint mark. Image source: CoinStudy
Silver dollar coins minted in Carson City, Nevada are prized by collectors. The mint sourced its silver from the legendary Comstock Lode. It was only briefly in operation, however.
Morgan Silver Dollar Price Chart
Here is a list of values for every Morgan dollar minted from 1878 through 1904, as well as 1921.
Keep in mind that these prices are only a general guide. Actual market prices will vary slightly when you sell your coins. Again, it will always depend on the exact condition of the coin. Uncirculated silver Morgan dollar coins garner the highest prices.
| Date & Mintmark | Mintage | G | AU | MS |
|---|---|---|---|---|
| 1878 | 10,509,300 | $30 | $60 | $150 |
| 1878-S | 9,774,000 | $30 | $50 | $80 |
| 1878-CC | 2,212,000 | $100 | $180 | $300 |
| 1879 | 14,807,100 | $20 | $50 | $75 |
| 1879-S | 9,110,000 | $20 | $40 | $60 |
| 1879-CC | 756,000 | $180 | $2,000 | $4,000 |
| 1879-O | 2,887,000 | $30 | $50 | $100 |
| 1880 | 12,601,335 | $20 | $40 | $60 |
| 1880-S | 8,900,000 | $20 | $40 | $60 |
| 1880-CC | 495,000 | $180 | $325 | $500 |
| 1880-O | 5,305,000 | $25 | $50 | $100 |
| 1881 | 9,163,975 | $20 | $40 | $60 |
| 1881-S | 12,760,000 | $20 | $40 | $60 |
| 1881-CC | 296,000 | $320 | $450 | $520 |
| 1881-O | 5,708,000 | $30 | $45 | $60 |
| 1882 | 11,101,100 | $20 | $40 | $60 |
| 1882-S | 9,250,000 | $20 | $40 | $60 |
| 1882-CC | 1,133,000 | $80 | $180 | $250 |
| 1882-O | 6,090,000 | $20 | $40 | $60 |
| 1883 | 12,291,039 | $20 | $40 | $60 |
| 1883-S | 6,250,000 | $30 | $120 | $1,000 |
| 1883-CC | 1,204,000 | $60 | $150 | $275 |
| 1883-O | 8,725,000 | $20 | $40 | $60 |
| 1884 | 14,070,875 | $20 | $40 | $55 |
| 1884-S | 3,200,000 | $25 | $250 | $9,000 |
| 1884-CC | 1,136,000 | $100 | $200 | $250 |
| 1884-O | 9,730,000 | $20 | $40 | $60 |
| 1885 | 17,787,767 | $20 | $40 | $60 |
| 1885-S | 1,497,000 | $35 | $110 | $350 |
| 1885-CC | 228,000 | $500 | $620 | $700 |
| 1885-O | 9,185,000 | $20 | $40 | $60 |
| 1886 | 19,963,886 | $20 | $40 | $60 |
| 1886-S | 750,000 | $50 | $150 | $375 |
| 1886-O | 10,710,000 | $30 | $45 | $60 |
| 1887 | 20,290,710 | $20 | $40 | $60 |
| 1887-S | 1,771,000 | $25 | $55 | $160 |
| 1887-O | 11,550,000 | $20 | $50 | $100 |
| 1888 | 19,183,833 | $20 | $40 | $60 |
| 1888-S | 657,000 | $120 | $200 | $350 |
| 1888-O | 12,150,000 | $20 | $40 | $75 |
| 1889 | 21,726,811 | $20 | $40 | $60 |
| 1889-S | 700,000 | $40 | $110 | $290 |
| 1889-CC | 350,000 | $600 | $7,000 | $22,000 |
| 1889-O | 11,875,000 | $25 | $60 | $300 |
| 1890 | 16,802,590 | $20 | $40 | $60 |
| 1890-S | 8,230,373 | $20 | $40 | $100 |
| 1890-CC | 2,309,041 | $75 | $200 | $600 |
| 1890-O | 10,701,000 | $20 | $45 | $100 |
| 1891 | 8,694,206 | $25 | $50 | $100 |
| 1891-S | 5,296,000 | $25 | $50 | $140 |
| 1891-CC | 1,618,000 | $75 | $250 | $650 |
| 1891-O | 7,954,529 | $20 | $60 | $275 |
| 1892 | 1,037,245 | $30 | $100 | $400 |
| 1892-S | 1,200,000 | $50 | $1,400 | $55,000 |
| 1892-CC | 1,352,000 | $200 | $750 | $1,750 |
| 1892-O | 2,744,000 | $25 | $80 | $300 |
| 1893 | 378,792 | $200 | $400 | $1,400 |
| 1893-S | 100,000 | $2,500 | $20,000 | $225,000 |
| 1893-CC | 677,000 | $250 | $2,000 | $5,000 |
| 1893-O | 300,000 | $215 | $800 | $4,000 |
| 1894 | 110,972 | $800 | $1,500 | $3,500 |
| 1894-S | 1,260,000 | $65 | $470 | $1,000 |
| 1894-O | 1,723,000 | $50 | $180 | $1,800 |
| 1895 (proof only) | 880 | n/a | $40,000 | $52,500 |
| 1895-S | 400,000 | $300 | $1,600 | $4,000 |
| 1895-O | 450,000 | $225 | $1,200 | $15,000 |
| 1896 | 9,976,762 | $20 | $40 | $60 |
| 1896-S | 5,000,000 | $40 | $800 | $3,000 |
| 1896-O | 4,900,000 | $30 | $120 | $1,500 |
| 1897 | 2,822,731 | $20 | $40 | $60 |
| 1897-S | 5,825,000 | $20 | $45 | $100 |
| 1897-O | 4,004,000 | $20 | $100 | $1,250 |
| 1898 | 5,884,735 | $20 | $40 | $60 |
| 1898-S | 4,102,000 | $30 | $100 | $390 |
| 1898-O | 4,440,000 | $20 | $40 | $60 |
| 1899 | 330,846 | $125 | $200 | $290 |
| 1899-S | 2,562,000 | $35 | $150 | $500 |
| 1899-O | 12,290,000 | $20 | $40 | $60 |
| 1900 | 8,880,938 | $20 | $40 | $60 |
| 1900-S | 3,540,000 | $30 | $90 | $275 |
| 1900-O | 12,590,000 | $20 | $40 | $60 |
| 1901 | 6,962,813 | $40 | $300 | $3,000 |
| 1901-S | 2,284,000 | $35 | $200 | $500 |
| 1901-O | 13,320,000 | $20 | $40 | $60 |
| 1902 | 7,944,777 | $20 | $45 | $65 |
| 1902-S | 1,530,000 | $100 | $230 | $400 |
| 1902-O | 8,636,000 | $20 | $35 | $50 |
| 1903 | 4,652,755 | $35 | $50 | $65 |
| 1903-S | 1,241,000 | $80 | $1,600 | $4,500 |
| 1903-O | 4,450,000 | $275 | $325 | $400 |
| 1904 | 2,788,650 | $30 | $65 | $140 |
| 1904-S | 2,304,000 | $40 | $50 | $2,000 |
| 1904-O | 3,720,000 | $30 | $40 | $55 |
| 1921 | 44,690,000 | $20 | $30 | $40 |
| 1921-S | 21,695,000 | $20 | $40 | $50 |
| 1921-D | 20,345,000 | $20 | $40 | $50 |
Price guide excludes all proofs and special varieties. Non-proof varieties are accounted for in annual mintage totals.
Prices derived from NGC Coin Explorer, PCGS price guide, and USA CoinBook.
The price chart above is provided for general information purposes. It should not be used or construed as investment advice.
Historical Significance of the Silver Morgan Dollar
Two pieces of legislation in the United States bookend the history of the Morgan dollar. These are the Bland-Allison Act and the Sherman Silver Purchase Act.
1921 Morgan Silver Dollar Ms63
The Bland-Allison Act gave birth to the Morgan silver dollar. It marked the first $1 coin issued in the U.S. in five years (aside from the 'Trade dollar').
There was very little demand for dollar coins, however. In 1890, the Sherman Silver Purchase Act attempted to address this problem. The law required the U.S. government to buy $4 million of silver every month from miners in the American West.
The coin is named for its designer, George T. Morgan. His design of Lady Liberty was modeled after Anna Willess Williams. She was a teacher and writer in Philadelphia at the time.
1891 portrait of Anna Willess Williams. Image source: Chalkboard Champions
The 1921 Morgan dollar was the last coin in the series. That year also saw the introduction of the Peace dollar. The theme of 'peace' was a celebration of the end of the First World War.
CoinTrackers.com has estimated the 1921 D Morgan Silver Dollar value at an average of $28, one in certified mint state (MS+) could be worth $280. (see details)...
Type:Morgan Silver Dollar
Year:1921
Mint Mark: D
Face Value: 1.00 USD
Total Produced: 20,435,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $28, while one in certified mint state (MS+) condition could bring as much as $280 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1921, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The 1921 (d) Denver minted Morgan silver dollar was the only Morgan ever minted at the Denver mint. Due to the Pittman Act, passed in 1918, many of the 1921 Morgans are actually older Morgans and peace dollars melted down and re-coined. 1921 Peace Dollars generally have nice reeded edges as they are newer.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $6.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1921 D is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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1921 Morgan Silver Dollar No Mint Mark
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1921 Morgan Silver Dollar Value
**When we say that 20,435,000, of these coins were produced or minted in 1921 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
1921 Morgan Silver Dollar Uncirculated
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
We use user submitted pictures please read that article if you are interested in adding your own.
1921 Morgan Silver Dollar Ms64
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