The 1921 Morgan Silver Dollar is one of the most widely recognized coins in American numismatic history, struck in .900 fine silver and weighing 0.7734 troy ounces. Produced by the United States Mint, the 1921 issue holds a distinct place in the series as the final year of original Morgan dollar production before the design was retired. Coins listed in About Uncirculated (AU) condition have seen only the lightest circulation, retaining most of their original luster and sharp detail across the design's high points.
We carry the 1921 Morgan Silver Dollar as an accessible entry point into classic American silver coinage, combining meaningful silver content with strong collector recognition. The AU grade places these coins in a category that appeals to both collectors seeking original detail and buyers who want a piece with tangible historical identity.
The Morgan dollar takes its name from its designer, George T. Morgan, a British-born engraver who joined the United States Mint in 1876. Congress authorized the coin under the Bland-Allison Act of 1878, which required the Treasury to purchase domestic silver and strike
…The 1921 Morgan Silver Dollar is one of the most widely recognized coins in American numismatic history, struck in .900 fine silver and weighing 0.7734 troy ounces. Produced by the United States Mint, the 1921 issue holds a distinct place in the series as the final year of original Morgan dollar production before the design was retired. Coins listed in About Uncirculated (AU) condition have seen only the lightest circulation, retaining most of their original luster and sharp detail across the design's high points.
We carry the 1921 Morgan Silver Dollar as an accessible entry point into classic American silver coinage, combining meaningful silver content with strong collector recognition. The AU grade places these coins in a category that appeals to both collectors seeking original detail and buyers who want a piece with tangible historical identity.
The Morgan dollar takes its name from its designer, George T. Morgan, a British-born engraver who joined the United States Mint in 1876. Congress authorized the coin under the Bland-Allison Act of 1878, which required the Treasury to purchase domestic silver and strike it into standard silver dollars. The series ran continuously from 1878 through 1904, when production was suspended due to depleted silver reserves authorized under earlier legislation.
The 1921 date carries particular significance because it marks the coin's revival under the Pittman Act of 1918, which directed the melting of millions of earlier Morgan dollars and the subsequent recoining of silver acquired from domestic mines. The 1921 issue was the only Morgan dollar struck under this revival, producing a higher mintage than most other dates in the series across facilities in Philadelphia, Denver, and San Francisco. That high mintage makes the 1921 date among the most available in the series, though original mint luster and sharp strikes are still selectively distributed across the population.
After 1921, the Morgan dollar design was permanently replaced by the Peace dollar. This transition gives the 1921 Morgan a natural endpoint within the series narrative, making it a frequently sought final chapter for type collectors and series completionists alike.
The obverse features a left-facing portrait of Lady Liberty wearing a coronet inscribed with the word "LIBERTY," surrounded by stars and flanked by the date at the base. Morgan drew from a Philadelphia schoolteacher named Anna Williams as the model for the portrait, a detail that has long contributed to the design's place in American coin lore. The phrase "E PLURIBUS UNUM" arches above the portrait field.
The reverse presents a heraldic eagle with outstretched wings, a shield across its breast, and arrows and an olive branch held in its talons. The eagle is encircled by a wreath, and "UNITED STATES OF AMERICA" appears along the upper border with "ONE DOLLAR" below. The design is bold and densely detailed, particularly across the eagle's feathers and the central shield, which are among the first areas to show friction on circulated specimens.
On AU-grade examples, the coin's surfaces retain significant luster in the protected recesses of the design, with only light wear visible on the cheek, hair above the ear, and the eagle's breast and wingtips. The overall impression remains close to that of a fully uncirculated coin, with enough detail preserved to appreciate Morgan's craftsmanship across both sides.
Every 1921 Morgan Silver Dollar we offer has been evaluated for authenticity, weight, and metal content consistent with United States Mint striking standards. These coins were produced to exacting specifications that remain straightforward to verify, and their longstanding familiarity within the numismatic market makes authentication relatively reliable through established grading criteria and physical diagnostics.
While the coins listed here are ungraded, the AU designation reflects a consistent standard applied through careful examination. As authorized dealers for both PCGS and NGC, we also assist customers who want to explore third-party certification for higher-value pieces or for coins intended for long-term collection. Certified examples offer an additional layer of documentation, though raw AU specimens from a recognized date like 1921 are well understood within the market without it.
AU, or About Uncirculated, describes a coin that has passed briefly through commerce but shows only minimal wear on the highest relief areas. Under direct light, slight friction is visible on the cheekbone of Liberty and on the eagle's breast feathers, but cartwheel luster is still present across a substantial portion of both sides. The strike on 1921 Morgans varies somewhat by facility, though most examples from this year exhibit sharper detail than the worn dies used in some earlier dates within the series.
Individual coins ship in protective plastic flips to preserve their current condition during transit. Larger quantities ship in tubes consistent with standard coin packaging formats. Because these are raw, ungraded coins sourced from secondary market channels, minor contact marks, light toning, or handling signs may be present on individual pieces. These characteristics are typical for coins of this age and do not affect the silver content or the coin's standing within the AU grade range.
Pricing for the 1921 Morgan Silver Dollar reflects both the current spot price of silver and the numismatic premium associated with this specific date and condition. Because the coin carries collector significance beyond its melt value, its premium tends to be somewhat elevated compared to generic silver rounds of equivalent weight. The 1921 date's relatively high mintage keeps premiums more moderate than for scarcer Morgan issues, but demand from both collector and silver buyer audiences consistently supports pricing above pure melt.
Condition plays a meaningful role in how the market prices these coins. AU examples command higher premiums than circulated grades such as VF or EF, reflecting the added visual appeal and relative scarcity of coins that have retained most of their original surface quality. Our pricing reflects real-time silver market conditions and is updated to maintain clarity and consistency rather than hiding cost behind opaque structures.
The Morgan dollar is among the most traded classic American coins in the secondary market, and the 1921 date is particularly familiar to dealers, collectors, and buyers across the country. Its standardized weight and purity, combined with broad market recognition, make it a straightforward coin to resell through multiple channels. Liquidity for AU-grade examples is generally strong given the consistent demand from collectors working through the Morgan series.
We operate a two-way market that allows customers to both purchase and sell precious metals within the same platform using competitive buyback pricing. Knowing the resale side of the equation before a purchase is made leads to more complete decision-making, and that principle is central to how we structure the buying and selling experience here.
The 1921 Morgan Silver Dollar occupies an interesting position in the market because it serves two distinct audiences at once. For collectors, it is the final year of original Morgan dollar production and a necessary piece for any complete date set. For silver buyers, it offers nearly three-quarters of a troy ounce of .900 fine silver in a format with strong name recognition and consistent secondary market demand.
The AU grade adds meaningful visual appeal without pushing the coin into the premium-heavy territory of Mint State grades. Buyers who want the look and feel of an essentially uncirculated coin without paying MS-level premiums often find AU examples to represent a practical balance of condition and cost. The 1921 date's availability also means that quality AU examples can be sourced without the extended waiting or elevated costs associated with scarcer Morgan issues.
We have built our reputation since 2010 on transparent pricing, reliable fulfillment, and a customer experience that prioritizes information over pressure. Our A rating with the Better Business Bureau and memberships in the American Numismatic Association and the National Coin and Bullion Association reflect consistent standards that apply across every product we sell, including classic American coins like the 1921 Morgan dollar. As authorized dealers for both PCGS and NGC, we are well positioned to assist customers who want to take their purchases further into the certification process.
Every item we offer has been verified before it reaches a customer. Our two-way market model means we are as focused on the selling side of the transaction as the buying side, and we make our buyback pricing visible so customers can evaluate the full picture before committing. The goal is a marketplace built around clarity and long-term trust rather than one-time transactions.
Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing across our catalog, including classic numismatic silver like the 1921 Morgan dollar. Rather than relying on estimated retail values, Pro members can view their holdings marked to current wholesale bid prices, which provides a more grounded picture of actual portfolio liquidity. For a coin with collector premiums layered on top of silver melt value, having visibility into how those premiums move in real time is genuinely useful information.
Pro also includes proprietary market intelligence tools covering premium trends, bid/ask spread analysis, and product-level liquidity metrics. These tools allow members to evaluate how the 1921 Morgan dollar's premium has behaved relative to other silver coins in the catalog and to compare market conditions across products using objective data. The platform is designed around the idea that better information consistently leads to better decisions.
We support a wide range of payment methods to make every transaction straightforward and secure. Customers can pay using Visa, Mastercard, American Express, Discover, PayPal, bank-connected payments through Plaid, wire transfer, paper check, or cryptocurrency through BitPay. Each method is supported within a secure transaction environment, and the variety of options is intentional so buyers can choose what fits their preferences without unnecessary friction.
Product ID: BST-0024250F18
| Year | 1921 |
|---|---|
| Precious Metal Type | Silver |
| Bullion Coin Type | Morgan Dollar |
| Format | Coin |
| Country of Origin | United States |
| Brand/Mint | U.S. Mint |
| Mint Mark | Various |
| Purity | 0.9 |
| Weight | 0.7734 oz |
| Thickness (mm) | 2.4 mm |
| Diameter (mm) | 38.1 mm |
| Inner Pack (Quantity) | 20 |
| Outer Pack (Quantity) | 100 |
| Grade | AU |
The 1921 Morgan Silver Dollar is one of the most widely recognized coins in American numismatic history, struck in .900 fine silver and weighing 0.7734 troy ounces. Produced by the United States Mint, the 1921 issue holds a distinct place in the series as the final year of original Morgan dollar production before the design was retired. Coins listed in About Uncirculated (AU) condition have seen only the lightest circulation, retaining most of their original luster and sharp detail across the design's high points.
We carry the 1921 Morgan Silver Dollar as an accessible entry point into classic American silver coinage, combining meaningful silver content with strong collector recognition. The AU grade places these coins in a category that appeals to both collectors seeking original detail and buyers who want a piece with tangible historical identity.
The Morgan dollar takes its name from its designer, George T. Morgan, a British-born engraver who joined the United States Mint in 1876. Congress authorized the coin under the Bland-Allison Act of 1878, which required the Treasury to purchase domestic silver and strike
…The 1921 Morgan Silver Dollar is one of the most widely recognized coins in American numismatic history, struck in .900 fine silver and weighing 0.7734 troy ounces. Produced by the United States Mint, the 1921 issue holds a distinct place in the series as the final year of original Morgan dollar production before the design was retired. Coins listed in About Uncirculated (AU) condition have seen only the lightest circulation, retaining most of their original luster and sharp detail across the design's high points.
We carry the 1921 Morgan Silver Dollar as an accessible entry point into classic American silver coinage, combining meaningful silver content with strong collector recognition. The AU grade places these coins in a category that appeals to both collectors seeking original detail and buyers who want a piece with tangible historical identity.
The Morgan dollar takes its name from its designer, George T. Morgan, a British-born engraver who joined the United States Mint in 1876. Congress authorized the coin under the Bland-Allison Act of 1878, which required the Treasury to purchase domestic silver and strike it into standard silver dollars. The series ran continuously from 1878 through 1904, when production was suspended due to depleted silver reserves authorized under earlier legislation.
The 1921 date carries particular significance because it marks the coin's revival under the Pittman Act of 1918, which directed the melting of millions of earlier Morgan dollars and the subsequent recoining of silver acquired from domestic mines. The 1921 issue was the only Morgan dollar struck under this revival, producing a higher mintage than most other dates in the series across facilities in Philadelphia, Denver, and San Francisco. That high mintage makes the 1921 date among the most available in the series, though original mint luster and sharp strikes are still selectively distributed across the population.
After 1921, the Morgan dollar design was permanently replaced by the Peace dollar. This transition gives the 1921 Morgan a natural endpoint within the series narrative, making it a frequently sought final chapter for type collectors and series completionists alike.
The obverse features a left-facing portrait of Lady Liberty wearing a coronet inscribed with the word "LIBERTY," surrounded by stars and flanked by the date at the base. Morgan drew from a Philadelphia schoolteacher named Anna Williams as the model for the portrait, a detail that has long contributed to the design's place in American coin lore. The phrase "E PLURIBUS UNUM" arches above the portrait field.
The reverse presents a heraldic eagle with outstretched wings, a shield across its breast, and arrows and an olive branch held in its talons. The eagle is encircled by a wreath, and "UNITED STATES OF AMERICA" appears along the upper border with "ONE DOLLAR" below. The design is bold and densely detailed, particularly across the eagle's feathers and the central shield, which are among the first areas to show friction on circulated specimens.
On AU-grade examples, the coin's surfaces retain significant luster in the protected recesses of the design, with only light wear visible on the cheek, hair above the ear, and the eagle's breast and wingtips. The overall impression remains close to that of a fully uncirculated coin, with enough detail preserved to appreciate Morgan's craftsmanship across both sides.
Every 1921 Morgan Silver Dollar we offer has been evaluated for authenticity, weight, and metal content consistent with United States Mint striking standards. These coins were produced to exacting specifications that remain straightforward to verify, and their longstanding familiarity within the numismatic market makes authentication relatively reliable through established grading criteria and physical diagnostics.
While the coins listed here are ungraded, the AU designation reflects a consistent standard applied through careful examination. As authorized dealers for both PCGS and NGC, we also assist customers who want to explore third-party certification for higher-value pieces or for coins intended for long-term collection. Certified examples offer an additional layer of documentation, though raw AU specimens from a recognized date like 1921 are well understood within the market without it.
AU, or About Uncirculated, describes a coin that has passed briefly through commerce but shows only minimal wear on the highest relief areas. Under direct light, slight friction is visible on the cheekbone of Liberty and on the eagle's breast feathers, but cartwheel luster is still present across a substantial portion of both sides. The strike on 1921 Morgans varies somewhat by facility, though most examples from this year exhibit sharper detail than the worn dies used in some earlier dates within the series.
Individual coins ship in protective plastic flips to preserve their current condition during transit. Larger quantities ship in tubes consistent with standard coin packaging formats. Because these are raw, ungraded coins sourced from secondary market channels, minor contact marks, light toning, or handling signs may be present on individual pieces. These characteristics are typical for coins of this age and do not affect the silver content or the coin's standing within the AU grade range.
Pricing for the 1921 Morgan Silver Dollar reflects both the current spot price of silver and the numismatic premium associated with this specific date and condition. Because the coin carries collector significance beyond its melt value, its premium tends to be somewhat elevated compared to generic silver rounds of equivalent weight. The 1921 date's relatively high mintage keeps premiums more moderate than for scarcer Morgan issues, but demand from both collector and silver buyer audiences consistently supports pricing above pure melt.
Condition plays a meaningful role in how the market prices these coins. AU examples command higher premiums than circulated grades such as VF or EF, reflecting the added visual appeal and relative scarcity of coins that have retained most of their original surface quality. Our pricing reflects real-time silver market conditions and is updated to maintain clarity and consistency rather than hiding cost behind opaque structures.
The Morgan dollar is among the most traded classic American coins in the secondary market, and the 1921 date is particularly familiar to dealers, collectors, and buyers across the country. Its standardized weight and purity, combined with broad market recognition, make it a straightforward coin to resell through multiple channels. Liquidity for AU-grade examples is generally strong given the consistent demand from collectors working through the Morgan series.
We operate a two-way market that allows customers to both purchase and sell precious metals within the same platform using competitive buyback pricing. Knowing the resale side of the equation before a purchase is made leads to more complete decision-making, and that principle is central to how we structure the buying and selling experience here.
The 1921 Morgan Silver Dollar occupies an interesting position in the market because it serves two distinct audiences at once. For collectors, it is the final year of original Morgan dollar production and a necessary piece for any complete date set. For silver buyers, it offers nearly three-quarters of a troy ounce of .900 fine silver in a format with strong name recognition and consistent secondary market demand.
The AU grade adds meaningful visual appeal without pushing the coin into the premium-heavy territory of Mint State grades. Buyers who want the look and feel of an essentially uncirculated coin without paying MS-level premiums often find AU examples to represent a practical balance of condition and cost. The 1921 date's availability also means that quality AU examples can be sourced without the extended waiting or elevated costs associated with scarcer Morgan issues.
We have built our reputation since 2010 on transparent pricing, reliable fulfillment, and a customer experience that prioritizes information over pressure. Our A rating with the Better Business Bureau and memberships in the American Numismatic Association and the National Coin and Bullion Association reflect consistent standards that apply across every product we sell, including classic American coins like the 1921 Morgan dollar. As authorized dealers for both PCGS and NGC, we are well positioned to assist customers who want to take their purchases further into the certification process.
Every item we offer has been verified before it reaches a customer. Our two-way market model means we are as focused on the selling side of the transaction as the buying side, and we make our buyback pricing visible so customers can evaluate the full picture before committing. The goal is a marketplace built around clarity and long-term trust rather than one-time transactions.
Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing across our catalog, including classic numismatic silver like the 1921 Morgan dollar. Rather than relying on estimated retail values, Pro members can view their holdings marked to current wholesale bid prices, which provides a more grounded picture of actual portfolio liquidity. For a coin with collector premiums layered on top of silver melt value, having visibility into how those premiums move in real time is genuinely useful information.
Pro also includes proprietary market intelligence tools covering premium trends, bid/ask spread analysis, and product-level liquidity metrics. These tools allow members to evaluate how the 1921 Morgan dollar's premium has behaved relative to other silver coins in the catalog and to compare market conditions across products using objective data. The platform is designed around the idea that better information consistently leads to better decisions.
We support a wide range of payment methods to make every transaction straightforward and secure. Customers can pay using Visa, Mastercard, American Express, Discover, PayPal, bank-connected payments through Plaid, wire transfer, paper check, or cryptocurrency through BitPay. Each method is supported within a secure transaction environment, and the variety of options is intentional so buyers can choose what fits their preferences without unnecessary friction.