1921 Silver Dollar

Notes:

I’m a collector of Morgan Dollars and I’m always
on the lookout for 1921s. That’s because production of these coins
resumed in 1921 after a 17-year hiatus. The reason? The Pittman Act
of 1918, which required a large number of older Morgan and Peace
dollars to be melted down and recoined as 1921s. As a result, 1921
Silver Dollars often have nice, reeded edges, which you don’t find
on coins minted in the late 1800s. Collecting these coins is a real
thrill for me, and I’m always looking for the perfect one.

(Click
to Enlarge Image)

I remember in 1921, the US Mint was in a rush to
produce as many Morgan Silver Dollars as they could. Unfortunately,
their quality control wasn’t up to par and it resulted in a lot of
errors. I’m sure the mint workers were exhausted by the end of
it.

1921 Silver Dollar Errors Include;
Curved Clip Error-the lip or
edge of the coin will have a curved clip that dips into the coin.
Rim Defect Error-the rim of
these coins has many defects be sure to check them for errors.
Missing or Partial
Numbers-there are several instances of portions of numbers
and or letters in words missing. The likely cause is the die was
filled with a foreign substance or die grease. Blank Planchet– a blank coin with nothing
on it at all. The blank or planchet somehow made it into
circulation. Lamination
Error-a portion of the lamination or outer skin of the
coin may be missing. Last but not least Die Break Errors-when the die breaks or
cracks it leaves a mark on the coin.

More about a few of
these errors…

Blank Planchet

I’m a blank planchet Morgan Silver Dollar from
1921 and I’m a Type 2, which means I have a RIM. In order to become
currency, I had to go through a few steps. Before this, I was made
into a planchet – flat and without a rim – which is a Type I. Then
I was struck by dies and transformed into the coin you see before
you. That Rim is the only thing that’s been added since I was made
into a planchet.

Off Center Strikes

I’ve heard of off-center 1921 silver dollars and
it’s something that can happen when the die isn’t properly aligned
with the planchet. These errors can be worth thousands of dollars
when it comes to the 1921 Morgans. It’s not in the picture but it’s
definitely worth looking out for if you’re a collector.

Did you know?

I’m a coin collector and I was totally taken by
surprise when the US Mint released millions of Morgan Silver
Dollars between 1962 and 1964. The coins had been stored in bags
since 1929, and some of them were ultra rare. This caused the
prices of certain Morgans to drop drastically and shook up the
silver dollar market in the Numismatic community. It was definitely
an interesting time!

Mintages

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Price Chart

This section is more for experienced collectors onlyI’m new to coin
collecting, but I’m starting to get a handle on it. I’ve heard that
the prices for coins depend on whether they are professionally
graded and slabbed. That doesn’t mean much to me right now, but I’m
learning more every day. I guess the prices for these coins are
based on how much they are worth, but it’s also important to
consider their condition when looking at how much to pay. I’m
excited to get started on this hobby and find out more about these
coins and their value.

Breakdown of pricing per condition for 1921
Silver Dollar as follows.

• Use the pricing below as a rough estimate.
• Grade EF40 = $23-$38
• Grade AU53 = $45-$75
• Grade AU55 = $49-$81
• Grade MS62 =
  $60-$100
• Grade MS63 =
  $135-$225
• Grade MS64 =
  $375-$625
• Grade MS65 =
  $675-$1,125
• Grade MS67 =
  $9,000-$15,000
• Grade PR62 =
  $23,250-$48,438
• Grade PR64 =
  $54,000-$90,000
• Grade PR67 =
  $180,000-$300,000

Is the list above a little overwhelming? If so,
take 5 minutes to learn all about Coin Grading.

It’s also important to note…Prices are subject
to the same supply and demand laws as everything else. Coins sold
at the same auction house 10x, would fetch drastically different
bids each session. To raise your chances of receiving top dollar
read How to Get the Most for your Coins.

We’ve personally researched these values. If you
enjoy our content please return the favor and share this page with
your friends.Thanks CoinTrackers.com

How much is a 1921 Silver Dollar worth?

This section is more of a layman’s guide, for
those new to collecting.

In Average Circulated (AC) condition it’s worth
around $32.00, 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 Circulated, we mean in a similar condition to other coins
circulated in 1921, and mint state meaning it is certified MS+ by
one of the top coin grading companies. *** [?].

As a coin roll hunter, I’m always on the lookout
for rare and valuable Morgan Silver Dollars. I’m always scouring
the internet and searching for the most prized ones. Scrolling
through the pages, I find myself learning more and more about this
series and the coins that come with it. I’m always so amazed at the
history I find behind these coins and the value they can possess.
It’s truly incredible to be able to find a piece of history in each
coin I find.

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Overall Specs & Design

This coin has a total mass of 26.73 g, a diameter of 1.5 in, and a thickness of 2.4 mm. It’s edge is Reeded, and the coins are composed of
90.0% Silver & 10.0%
Copper.

Designer:
George T. Morgan

Front
(Obverse):I’m looking at Lady Liberty, facing left. The
words “E Pluribus Unum” are inscribed beneath her, which means “Out
of Many, One”. It’s a reminder of how the United States was formed
by the union of many states. Right in the center of the coin is the
date, and surrounding it are 13 stars – each one representing one
of the initial 13 colonies.

Back
(Reverse):I gaze upon the majestic bald eagle, its talons
clutching both arrows and an olive branch. Symbolic of the United
States’ capability for peace and war. Its wingspan is wide, its
gaze cast to the left. And inscribed on the reverse are the words
“In God We Trust”, “United States of America”, and “One Dollar”. A
powerful statement of our nation’s strength and unity.