The Morgan Silver Dollar has one of the most intriguing tales of any coin from the United States Mint. Introduced to end a hiatus in silver dollar production and eventually replaced in favor of a design representative of the times, the Morgan Silver Dollar had an up and down history that no one could have imagined when it was introduced. Today, Silver.com offers the 1921 Morgan Silver Dollar in Fine condition.
- Struck in the final year of production, 1921.
- Ships in a plastic capsule to protect the coin’s condition.
- Available with a Fine grade.
- Face value of $1 (USD) is fully backed by the US government.
- Obverse features the image of Liberty.
- Reverse bears the American bald eagle.
- Original design from George T. Morgan.
- In circulation 1878 to 1904, again in 1921.
With passage of the Coinage Act of 1873, the United States ended the free coining of silver and brought a halt to new silver dollar production. In 1878, the US Mint used a left-profile portrait of Liberty from Assistant Engraver George T. Morgan when it reintroduced silver dollar production.
The Morgan Silver Dollar was in production from 1878 to 1904. The Bland-Allison Act required the Treasury to purchase $2 to $4 million worth of silver each month to mint into coins. In 1890, this act was repealed and replaced by the Sherman Silver Purchase Act, authorizing the Treasury to purchase 4.5 million troy ounces of silver each month.
Numerous acts were repealed and replaced following the Sherman Act, each of which sustained the production of the Morgan Silver Dollar through 1904. The 1921 Morgan Silver Dollar is a unique coin in the series in that it was struck for just one year, was the only coin struck at the Denver Mint in the Morgan series, and represented the final Morgan Silver Dollar as the design was replaced late in 1921 by the Peace Silver Dollar.
On the obverse of all 1921 Morgan Silver Dollar Coins is the image of Liberty, captured in left-profile relief. The reverse of each includes an image of the American bald eagle as it grasps its traditional arrows of war and olive branch of peace.
All 1921 Morgan Silver Dollar Coins in this Silver.com listing have a Fine grade. Coins in Fine condition still have a design that is clear and bold, but there is moderate to heavy even wear across the surface.
Please feel free to contact Silver.com with any questions about the Morgan Silver Dollar coin. You can reach us at 888-989-7223, chat with us live online, or email us. If you are interested in similar products, check out our full selection of US Silver Dollars.