One Dollar

Morgan Dollar

United States · 1921

The obverse features a left-facing profile of Lady Liberty, often referred to as the 'Morgan head', wearing a phrygian cap adorned with wheat and cotton, with the motto 'E PLURIBUS UNUM' above and the date '1921' below. The reverse typically depicts an eagle with outstretched wings holding an olive branch and arrows, encircled by a wreath, with 'UNITED STATES OF AMERICA' and 'ONE DOLLAR' inscribed. However, only the obverse is clearly visible in the provided image.

Country: United States
Year: 1921
Denomination: One Dollar
Metal: 90% Silver, 10% Copper

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Overview

Historical significance

The Morgan Dollar series ran from 1878 to 1904, and then had a final, significant mintage in 1921. This 1921 issue is notable as it was the last year the Morgan Dollar was produced before being replaced by the Peace Dollar later in the same year. Its production in 1921 was reactivated due to the Pittman Act of 1918, which required the melting and recoining of millions of silver dollars. Consequently, the 1921 Morgan Dollar mintages were very high.

Estimated value

The estimated value of a 1921 Morgan Dollar can range from approximately "$20" to "$100+" or more, depending heavily on its condition (grade), mint mark (e.g., Philadelphia, Denver, San Francisco), and any specific varieties. Coins in uncirculated (mint state) condition will fetch significantly higher prices.

Care & preservation

To preserve the coin's condition and value, handle it by the edges only, preferably with cotton gloves, to avoid transferring oils and dirt from your skin. Store it in a cool, dry place in an inert holder, such as a Mylar flip, a coin slab, or a non-PVC album. Avoid cleaning the coin, as improper cleaning can significantly decrease its numismatic value.