Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $17.87 (9/24/2020)
Diameter: 38.1mm
Edge: Reeded
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1921 MORGAN CHAPMAN $1 PF obverse 1921 MORGAN CHAPMAN $1 PF reverse
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Description & Analysis

While the Zerbe "proofs" tend to look more like proof-like coins, there is no doubting that the Chapman proofs are actual proof coins. They exhibit mirrored surfaces and extremely strong strikes as evidenced by the squared-off rims.

These coins were likely made secretly at the Mint in Philadelphia for Chief Engraver George T. Morgan. According to Q. David Bowers, Morgan had a side business of striking and selling rare coins such as this issue. It's likely that no more than 15 were struck, ten of which were sold to prominent coin dealer Henry Chapman, which is where the term Chapman proof originated.

With a mintage of approximately 15 coins, this issue is by far the rarest of the Morgan dollar proof series.

GRADE SUMMARY

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Price Guide

Last Updated: 6/14/2019

Click on a price to see historical prices, comparison charts and trends.

1921 MORGAN $1 CHAPMAN PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 23750 32000 47500 93500 125000 235000 - - -
$ - - - - - - - - - 57500 100000 - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 20
Low Grade: 62
Average Grade: 63
High Grade: 66

The chart showing 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 9/22/2020 1921 MORGAN $1 CHAPMAN PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------17822----20
-----------------11---2
-----------------------
-----------------------
Total-------------178231---22
 -------------5%32%36%9%14%5%--- 

NGC Registry

NGC Registry Score 1921 MORGAN $1 CHAPMAN PF CA
 PrAgGVGFVF4045505355586061626364656667686970
Base5481559757165836595860826208633664666597673168667077752683979685116651352716263168711708119596
5520563757565877599961246251637965106642677669367227781688261034512286144391646616941179190
000000625163796510664267766936722778168826103451228614439164661694100
000000629364236553668668217007737681079256110051290615351166681701100
1921 MORGAN $1 CHAPMAN PF
 PrAgGVGFVF4045505355586061626364656667686970
Base5269538254975614573358535976610062266354648466166820725881069379119061311216042164601685119050
5307542055365654577358946017614262696397652866846966754185301022112308140891618116590175840
000000601761426269639765286684696675418530102211230814089161811659000
000000605961846311644165726752711278238955110641271015065163211672100
Registry Image Gallery
Grade: PF 67
Points: 16181
Owner: FloridaFacelifter
 
Grade: PF 66
Points: 13112
Owner: Simpson
 
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Related Articles

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.