One Dollar

Morgan Dollar

United States · 1921

The obverse of the coin features a left-facing profile of Lady Liberty, depicting her as a goddess, adorned with a Phrygian cap, a wreath of cotton and wheat, and the word "LIBERTY" on her headband. Surrounding her are the motto "E PLURIBUS UNUM" and thirteen stars representing the original thirteen colonies. The reverse typically shows an eagle with outstretched wings clutching arrows and an olive branch, encircled by a wreath.

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

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified October 4, 2025More united states coins →

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Overview

Historical significance

The Morgan Dollar is one of the most iconic and collected American coins. It was minted from 1878 to 1904, and then again in 1921. The 1921 issue is significant because it was the last year of minting for the Morgan Dollar design before it was replaced by the Peace Dollar. Its creation was primarily driven by the Bland-Allison Act, which required the U.S. Treasury to purchase a certain amount of silver each month and coin it into silver dollars.

Estimated value

The estimated value of a 1921 Morgan Dollar can vary significantly based on its condition (grade) and the specific mint mark (if any). For a common mint mark and in average circulated condition, it might range from $25 to $50. Uncirculated examples or those with rare mint marks can fetch hundreds or even thousands of dollars. The coin in the image appears to be in circulated condition, but further detailed inspection would be needed for a precise valuation.

Care & preservation

To preserve the value and appearance of your Morgan Dollar, handle it by the edges only to avoid touching the coin's surfaces, as oils from your skin can cause discoloration or damage over time. Store it in a cool, dry place in a non-PVC coin holder or slab designed for coin preservation. Avoid cleaning the coin, as cleaning can often decrease its numismatic value, even if it makes the coin appear shinier.