Is Your 1921 Morgan Silver Dollar Worth Thousands? Find Out Now!

Arthur Davies

About the Author

At the age of fifty-six, Arthur Davies, a meticulous records manager, found his true passion in the miniature histories held within coins. Over the years, Arthur’s collecting interests broadened, encompassing ancient civilizations, medieval kingdoms, and the evolving currencies of various nations.

He frequented coin shows and engaged with online communities, always seeking to expand his knowledge and understanding.

Now, at fifty-six, Arthur remains a dedicated numismatist. The thrill of discovery and the satisfaction of piecing together historical narratives through his collection continue to fuel his passion. His life, though perhaps outwardly ordinary, is rich with the silent stories held within each carefully preserved coin – a testament to a lifelong fascination with history in miniature.

Unlocking the Value of 1921 Silver Dollars: A Collector’s Guide

1921 No Mint Mark Silver Dollar Value

Listed prices are approximate and may vary depending on the coin’s condition, market demand, and other factors.

Historical Context and the Value of the 1921 Morgan Silver Dollar

It’s interesting to note that in 1921, the Philadelphia Mint was the primary producer of the silver coin without a mint mark. This absence of a 1921 Morgan silver dollar mint mark is the key identifier for collectors when distinguishing Philadelphia issues, and it plays a role in understanding the overall value of 1921 Morgan silver dollar. The year 1921 marks a significant transition period for the U.S. Mint, as it moved from the iconic Morgan Dollar to the Peace Dollar design. For those assembling a Morgan silver dollar collection 1878 to 1921, the 1921 Philadelphia issue represents the final year of this beloved series.

Production and Identifying the 1921 Morgan Silver Dollar

The 1921 coins from Philadelphia, lacking a mint mark, adhered to the standard composition of 90% silver and 10% copper. These coins weighed 26.73 grams and had a diameter of 38.1 millimeters, consistent with the specifications of the time. While Philadelphia was a major producer, it’s important to remember that collectors also inquire about the 1921 p Morgan silver dollar value. Furthermore, understanding that the 1921 Morgan silver dollar D from the Denver Mint exists with its distinct “D” mint mark broadens the scope for collectors asking “what is a 1921 Morgan silver dollar worth?”.

Determining the Worth of a 1921 Morgan Silver Coin

When considering the “what is the value of a 1921 Morgan silver dollar”, several factors come into play, including the mint of origin and the coin’s condition. While Philadelphia issues are common, the presence of 1921 Morgan silver dollar errors on any 1921 Morgan, regardless of the mint mark (or lack thereof), can significantly impact its Morgan silver dollar 1921 value. Therefore, whether it’s a Philadelphia issue or a coin from another mint, a careful examination for mint marks and potential errors is crucial in determining the true value of a 1921 Morgan coin.

Market Value

Circulated 1921 Philadelphia Peace coins are relatively common. Uncirculated coins, especially those with strong strikes and original luster, are more valuable. The early “high relief” examples are particularly sought after. 

Identifying a 1921 Philadelphia Peace Silver Dollar

To determine if your coin was minted in Philadelphia in 1921, focus on these key characteristics:

  • No Mint Mark: The most direct indicator of a Philadelphia minting is the absence of a mint mark. Examine the reverse of the coin, specifically below the inscription “ONE DOLLAR.” If there’s no letter there (like a “D” for Denver or an “S” for San Francisco), it’s a Philadelphia issue.
  • Design: The 1921 coin showcases the iconic Peace Dollar design. On the obverse (front), you’ll see a depiction of Liberty facing right. The reverse (back) features an eagle perched on a rock, with the word “PEACE” prominently inscribed below.  
  • High Relief: The 1921 Peace Coin is particularly known for its high relief. This means the design elements, such as the details in Liberty’s flowing hair and the intricate feathers of the eagle, appear more pronounced and sharply defined compared to later Peace Coins.  
  • Weight and Size: While not unique to the Philadelphia mint, verifying the coin’s specifications can help confirm its authenticity. A standard coin should weigh approximately 26.73 grams and have a diameter of about 38.1 millimeters.

Facts about the 1921 Morgan Silver Dollar:

It’s important to clarify that the Morgan Silver Dollar design was not minted in 1921. The Morgan coin series ran from 1878 to 1904 and then had a single year of production in 1921 before being replaced by the Peace Coin design. Therefore, any money with the Morgan design will not be a 1921 issue (except for some rare restrikes much later).

The Carson City (CC) mint mark is highly sought after in Morgan Dollars from earlier years, but this is not applicable to the 1921 issue. The 1921 Morgan Dollars were primarily minted in Philadelphia (no mint mark), Denver (“D” mint mark), and San Francisco (“S” mint mark). The Denver and San Francisco issues of the 1921.

1921 D Silver Dollar Value

Listed prices are approximate and may vary depending on the coin’s condition, market demand, and other factors.

Historical Context and the Value of the 1921 D Silver Dollar

In 1921, the Denver Mint played a vital role in the final year of Morgan Coin production, with each coin clearly marked by the “D” mint mark. This is particularly relevant when considering the value 1921 Morgan silver dollar, as the mint mark is a key differentiator. The Denver Mint’s output was significant as the U.S. Mint system resumed large-scale silver coinage following World War I. Collectors often inquire about the 1921 Morgan silver dollar value no mint mark as well, to compare it with the Denver and San Francisco issues.

Production and Identifying the 1921 D Morgan Silver Dollar

The 1921 D coins adhered to the standard specifications, containing 90% silver and 10% copper. The 1921 Morgan silver dollar weight was a consistent 26.73 grams, with a diameter of 38.1 millimeters. While the Denver Mint is known for its “D” mark, it’s important to distinguish these from coins without a mint mark, and also from potential 1921-s Morgan silver dollar errors or the general 1921-s Morgan silver dollar value from the San Francisco Mint.

Determining the Worth of a 1921 D Morgan Silver Dollar

When assessing the worth of a Denver-minted 1921 Morgan Dollar, collectors consider factors like condition and mintage figures. While not typically considered a rare 1921 Morgan silver dollar value compared to certain other dates or mint marks in the series, well-preserved examples can still command significant prices. For those looking for a 1921 Morgan silver dollar for sale, understanding the nuances of mint marks and condition is crucial in determining a fair price. It’s also worth noting that while we focus on the “D” mint mark here, the absence of a mint mark on Philadelphia coins also contributes to the overall spectrum of 1921 Morgan Dollar values.

Market Value

Identifying a Denver (D) Silver Dollar

  • Location of the Mint Mark: The first crucial step in identifying a Denver-minted Morgan money is to locate the mint mark. The “D” mint mark is distinctly positioned on the reverse side of the coin. Specifically, it can be found below the wreath that encircles the eagle and above the “O” in “DOLLAR”. This placement of the “D” signifies that the coin was struck at the Denver Mint.
  • Design: The appearance of the coin adheres to the classic design, a widely recognized and collected piece of American numismatic history:
  • Obverse: The front of the coin features a profile of Liberty facing left.
  • Reverse: The back showcases an eagle with outstretched wings, a prominent symbol of the United States.
  • Weight and Size: To further confirm its authenticity as a standard Morgan Silver Dollar, including those minted in Denver, the coin should meet the established physical specifications: 26.73 grams in weight and 38.1 mm in diameter.

When considering the 1921 uncirculated Morgan silver dollar value, it’s important to remember that the condition of the coin significantly impacts its worth. An uncirculated example from 1921, regardless of the mint, will generally command a higher price due to its preserved original state. Specifically, the 1921-D Morgan silver dollar value is of interest to many collectors. While the 1921-D is a more common date and mint mark in the Morgan series, an uncirculated specimen can still be quite valuable. Factors such as the specific grade assigned to the coin (e.g., MS63, MS65) by professional grading services will ultimately determine its market value.

1921 S Silver Dollar Value

Listed prices are approximate and may vary depending on the coin’s condition, market demand, and other factors.

Historical Context of the 1921 S Silver Dollar

In 1921, the San Francisco Mint contributed to the final year of Morgan Dollar production, with each coin bearing the distinct “S” mint mark. For collectors aiming to identify valuable 1921 Morgan coins, the San Francisco issues are particularly interesting. Often consulted is a 1921 silver dollar value chart, and these charts frequently highlight the potential for higher values for “S” mintmarked coins, especially when found in superior condition. This is largely due to their mintage figures, which were generally lower than those of the Philadelphia Mint.

Production and Identifying the 1921 S Morgan Silver Dollar

The 1921 S Morgan silver dollar value is a key point of inquiry for many numismatists. These coins, produced at the San Francisco Mint, maintained the standard composition: 90% silver and 10% copper. They also adhered to the established weight and diameter specifications of that era. The prominent “S” mint mark is crucial for distinguishing these coins and understanding their specific market value. Collectors often want to know how much is a 1921 Morgan silver dollar worth from the San Francisco Mint specifically.

Determining the Worth of the 1921 S Morgan Silver Dollar

Understanding the 1921 Morgan coin S mint mark value is essential for accurately assessing these coins. While condition plays a significant role in determining the Morgan dollar value 1921, the “S” mint mark itself can add a premium. Compared to the 1921 D Morgan dollar value and the value of Philadelphia issues, the value can be quite competitive, especially for well-preserved examples. When considering the most valuable pieces, high-grade “S” mint marked coins are often contenders. The term 1921 Morgan coin encompasses all mints, but the “S” variety holds a special place in many collections.

Market Value

Identifying an S Silver Dollar

  • Mint Mark: The presence of the “S” mint mark is the key indicator that this Morgan coin was minted in San Francisco. This “S” is located on the reverse of the coin, positioned below the wreath that surrounds the eagle and above the “O” in “DOLLAR”.  
  • Design: Like all Morgan Silver Dollars, this coin features the standard design:
  • Obverse: Displays the iconic image of Liberty facing left.
  • Reverse: Showcases the eagle with outstretched wings.
  • Weight and Size: The physical attributes of an “S” are consistent with all coins, adhering to the standard silver dollar weight and diameter.
  • Regarding the silver content, the question of how much silver is in a 1921 Morgan silver dollar is important. Standard Morgan Dollars, including those minted in 1921 in San Francisco, contain 90% silver and 10% copper. This means each coin contains approximately 0.77344 troy ounces of pure silver.
  • Determining the 1921 Morgan silver dollar value today requires considering several factors, including its mint mark (in this case, “S”), its condition, and current market demand. Circulated examples will have a different value than uncirculated ones.
  • For a 1921 Morgan silver dollar uncirculated value, the price can be significantly higher than a circulated coin. The exact value of an uncirculated 1921-S Morgan Silver Dollar depends on its specific grade as assessed by professional grading services.  

In general, the value of a 1921 Morgan Silver Dollar is primarily determined by two key factors: its mint mark (or lack thereof, indicating Philadelphia), with “S” (San Francisco) and especially “D” (Denver) often commanding higher values, and its condition, or grade, assessed on a numismatic scale. 

However, the numismatic value for collectors, driven by rarity (which can be influenced by mintage numbers and survival rates in higher grades) and condition, typically far exceeds this melt value, especially for well-preserved or key date/mint mark combinations.