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: $13.50 (10/15/2019)
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 CHAPMAN $1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 23750 32000 47500 93500 125000 235000 - - -
$ - - - - - - - - - 57500 100000 - - -

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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: 10/8/2019 1921 MORGAN CHAPMAN $1 PF
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------17822----20
-----------------11---2
-----------------------
-----------------------
Total-------------178231---22
 -------------5 %32 %36 %9 %14 %5 %--- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
4/27/2011 NGC PF 64   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(3), 1154/Lot# 5296 $37,375.00
1/24/2012 NGC PF 63   Stack's Bowers The January 2012 Americana Sale, 134/Lot# 10251 $23,000.00
1/29/2012 NGC PF 64   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 2695 $35,650.00
4/26/2017 PCGS PF 63   Heritage Auctions 2017 April 26 - 30 CSNS US Coins Signature Auction - Chicago Session(3), 1254/Lot# 4188 $30,550.00
7/12/2018 NGC PF 65   Heritage Auctions 2018 July 12 - 15 Summer FUN US Coins Signature Auction - Orlando Session(1), 1277/Lot# 3199 $72,000.00


NGC Registry

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

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