Coin Specifications

Category: Morgan Dollars (1878-1921)
Mint: Philadelphia
Mintage: 44,690,000
Obverse Designer: George T. Morgan
Reverse Designer: George T. Morgan
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $13.05 (9/26/2017)
Diameter: 38.1mm
Edge: Reeded
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1921 MORGAN S$1 MS obverse 1921 MORGAN S$1 MS reverse


  
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Description & Analysis

In 1918, the Pittman Act was passed. It called for the melting of up to 350 million silver dollars in order to sell the silver to Britain to keep their currency afloat during the first World War. In total, 270,232,722 silver dollars were melted.

A key piece of the Pittman Act called for the replacement of all coins melted with new silver dollars. This was the reason that the Morgan dollar was resurrected in 1921. Unfortunately, the Mint had already destroyed the hubs for the Morgan dollar years earlier. Therefore, Morgan had to recreate entirely new master dies for the 1921 issue. This is why the 1921 Morgan dollars look very different from the earlier issues.

As was the case with the Denver and San Francisco mints, record numbers of Morgans were produced in Philadelphia this year. While available in high grade, including gem and above, the 1921 Morgan dollars are not as attractive as their earlier counterparts due to the different dies used as well as the rush in which they were struck.

GRADE SUMMARY

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Price Guide

Last Updated: 4/4/2016

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

1921 MORGAN S$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 27.00 27.50 28.00 28.50 32.00 33.00 34.00 35.00 37.00 44.00 46.00 50.00 58.00 70.00 170 1050 20500 - - -
$ - - - - - - - 52.00 62.00 83.00 300 4100 - -
1921 MORGAN S$1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 75.00 115 200 435 675 2100 5400 28000 - - -
$ - - - - - - - 300 475 800 - - - -
1921 MORGAN S$1 MS Deep Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 300 400 800 3050 8500 19500 - - - - -
$ - - - - - - - - - - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 118444
Low Grade: PrAg
Average Grade: 63
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/21/2005 NGC MS 64   David Lawrence Rare Coins Internet-Only Auction #31, 35/Lot# 835 $42.55
5/29/2011 NGC MS 65   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 495 $299.00
7/8/2012 PCGS Genuine XF   GreatCollections GreatCollections Coin Auctions 07/08/2012, 30/Lot# 61484 $30.50
11/7/2012 NGC MS 62   Teletrade Auction 3378, 3378/Lot# 1732 $36.00
2/23/2014 NGC MS 65   Heritage Auctions Internet Coin Auction Session(2), 131409/Lot# 26814 $135.13
9/19/2014 NGC MS 65   Stack's Bowers iAuction 3500, 6054/Lot# 22448 $123.38
12/18/2016 NGC MS 65   Heritage Auctions Internet Coin Auction Session(2), 131652/Lot# 28298 $129.25


NGC Registry

NGC Registry Score 1921 MORGAN S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base11111511912312713113514314715115517918620123027255117536886726700
11211612012412813213814414815216318119121124436595234647013726700
00000013814414815216318119121124436595234647013726700
000000140146150154171184196220258458135251757140726700
1921 MORGAN S$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base13513914314715115515916317118320128840962010441363252539847756817200
13614014414815215616016617518923032847976111501750301152417895817200
00000016016617518923032847976111501750301152417895817200
00000016216817919525936955090312572138349864998033817200
1921 MORGAN S$1 MS Deep Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base1551631671711751791831861902012208209901505303348176753707779601175400
15816416817217618018418719420742087711622014362854626861737192251175400
00000018418719420742087711622014362854626861737192251175400
000000185189197214620933133325244222610869697666104891175400
Competitive Registry Sets
CategoriesSets
Morgan Dollars, 1878-1921, Circulation Issue 2005
US Type Set, including Modern Issues 677
Morgan Dollars, 1878-1921, One-Per-Date 523
Basic US Type Set, No Gold (7070) 434
Basic US Type Set, with Gold (7070 + Page 5) 423
Silver & Clad Dollar Type Set 283
US Type Set, 1792-1964 275
20th Century Series Type Set, Proofs & Non-Proofs 241
20th Century Series Type Set, Proofs & Non-Proofs - No Gold 222
20th Century Series Type Set, Non-Proofs Only 199
20th Century Series Type Set, Non-Proofs Only - No Gold 151
Morgan Dollars, 1878-1921, PL and DPL Only 134
Morgan Dollars, 1878-1921, Complete 114
Morgan Dollars, 1878-1921, Top-100 VAMs 98
19th Century Series Type Set, Non-Proofs Only 90
Morgan Dollars, 1878-1921, One-Per-Mint 68
Morgan Dollars, 1878-1921, Hot 50 VAMs 57
19th Century Series Type Set, Non-Proofs Only - No Gold 55
19th Century Series Type Set, Proofs & Non-Proofs 52
19th Century Series Type Set, Proofs & Non-Proofs - No Gold 52
Philadelphia Morgan Dollars, 1878-1921, Circulation Issue 35
1921 Mint Set 29
Morgan Dollars, 1878-1921, GSA Soft Pack Holders Only 25
US Type Set, 1792-1964, Circulated Coins Only 25
Basic US Type Set, No Gold (7070), Circulated Coins Only 17
Morgan Dollars, 1878-1921, Hit List 40 VAMs 17
Morgan Dollars, 1878-1921, Circulated Coins Only 16
Basic US Type Set, with Gold (7070 + Page 5), Circulated Coins Only 16
19th Century Series Type Set, Circulated Coins Only (No Gold) 15
19th Century Series Type Set, Circulated Coins Only 14
20th Century Series Type Set, Circulated Coins Only 10
20th Century Series Type Set, Circulated Coins Only (No Gold) 10
Registry Image Gallery
Grade: MS 66
Points: 3464
Owner: Midas Q. Morgan
 
Grade: MS 63 DPL
Points: 3033
Owner: Ramundo
 
View the Registry Image Gallery

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