Morgan Silver Dollar

United States of America · 1921

A large silver coin featuring a profile portrait of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse.

Country: United States of America
Year: 1921
Denomination: One Dollar ($1 USD)
Metal: 90% Silver, 10% Copper (0.77344 oz pure silver)

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 June 21, 2026More united states of america coins →

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Overview

A large silver coin featuring a profile portrait of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse.

Historical significance

The Morgan Dollar was minted from 1878 to 1904 and briefly returned for one final year in 1921. It was authorized by the Bland-Allison Act and symbolizes the westward expansion and the silver mining boom of the late 19th century. The 1921 issue used slightly different, shallower Hub designs compared to earlier years.

Obverse (front)

Profile of Lady Liberty wearing a Phrygian cap with 'LIBERTY' inscribed on a band, surrounded by 'E PLURIBUS UNUM', 13 stars, and the date 1921. Designed by George T. Morgan.

Reverse (back)

An eagle with outstretched wings holding an olive branch and arrows, encircled by a wreath. Legends include 'UNITED STATES OF AMERICA', 'IN GOD WE TRUST', and 'ONE DOLLAR'.

Estimated value

$30-$45 in circulated condition; $50-$100+ in higher Mint State grades.

What drives this coin's value

Condition (grade), silver spot price, and absence of cleaning. While 1921 is the most common year, high uncirculated grades (MS-65+) command premiums.

Grade assessment

Very Fine to Extremely Fine (VF/XF). Shows moderate wear on Liberty's hair above the ear and on the eagle's breast feathers. Surfaces appear somewhat dull with minor rim nicks.

Mintage & rarity

High mintage (44,690,000 for Philadelphia); very common in all grades including Mint State.

Authenticity & counterfeit red flags

Weight should be exactly 26.73g (slight loss for wear); check for non-magnetic properties. Watch for 'mushy' details or casting bubbles in counterfeits.

Notable varieties & errors

VAM varieties (die marriages), such as the 'Pitted Rear Wing' or various die breaks/cracks common to the 1921 production.

Similar coins

Peace Dollar (also minted in 1921 but features a different design), 1921-S or 1921-D Morgan (identified by an 'S' or 'D' mint mark on the reverse).

Care & preservation

Do not clean or polish the coin, as this significantly reduces numismatic value. Handle only by the edges and store in a PVC-free plastic flip or archival-safe capsule.

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