Morgan Dollar

Brief Description

The obverse features a leftward-facing profile of Lady Liberty wearing a Phrygian cap with the word "LIBERTY" on a headband, surrounded by "E PLURIBUS UNUM," thirteen stars, and the date "1921." The reverse typically depicts an eagle with outstretched wings clutching arrows and an olive branch, encircled by a wreath, "UNITED STATES OF AMERICA," and "ONE DOLLAR." (Note: only the obverse is visible in the provided image).

Historical Significance

The Morgan Dollar is one of the most popular and collected American coins. It was minted from 1878 to 1904, and then for one final year in 1921. The 1921 issue is significant as it was the last year of minting for this iconic coin before the introduction of the Peace Dollar later the same year. Its production was largely driven by the Bland-Allison Act of 1878 and later the Pittman Act of 1918, which required the U.S. Treasury to purchase and coin large quantities of silver.

Estimated Value

The estimated value of a 1921 Morgan Dollar can range from approximately "$20 to $100+" depending on its condition (grade), mint mark (if any, though none is visible here), and current silver prices. Coins in higher, uncirculated grades can fetch significantly more. This specific coin appears to be in circulated condition.

Care Instructions

To preserve the coin's condition, handle it by its edges to avoid transferring oils from your skin. Store it in a cool, dry place within an acid-free holder, such as a Mylar flip or a certified coin slab. Avoid cleaning the coin, as this can severely damage its surface and significantly reduce its numismatic value.

Created At: 2025-10-04T00:48:20.166322