Morgan Dollar

Brief Description

The obverse features a leftward-facing profile of Lady Liberty wearing a Phrygian cap and adorned with cotton and wheat in her hair. Her cap is inscribed with 'LIBERTY', and above her head is 'E PLURIBUS UNUM'. The year '1921' is prominently displayed below her neck. Stars encircle the rim.

Historical Significance

The Morgan Dollar was minted from 1878 to 1904 and then again in 1921. The 1921 issue is significant as it was the last year of production for the Morgan Dollar series before it was replaced by the Peace Dollar. Its re-introduction in 1921 was due to the Pittman Act of 1918, which required the melting and recoining of millions of silver dollars. The 1921 Morgan Dollars were struck in huge quantities at multiple mints (Philadelphia, Denver, and San Francisco), making it one of the most common dates, yet still highly collectible. It symbolizes an era of American industrial expansion and the country's monetary policy.

Estimated Value

The estimated value of a 1921 Morgan Dollar can range from $25 to several hundred dollars or more, depending heavily on its condition (grade), mint mark, and any unique characteristics. For an average circulated coin, it might be in the $25-$50 range, while uncirculated or high-grade examples can fetch significantly more.

Care Instructions

To properly care for a Morgan Dollar, handle it by the edges to avoid transferring oils from your skin, which can cause discoloration. Store it in a cool, dry place within inert, archival-safe holders such as Mylar flips, non-PVC sleeves, or certified slab holders. Avoid cleaning the coin, as cleaning can permanently damage its surface and significantly decrease its numismatic value, even if done professionally.

Created At: 2025-10-24T14:18:03.862500