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1921 Morgan Dollar - Average Circulation

Compare the best online dealer prices when shopping for 1921 Morgan Dollar - Average Circulation coins.

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Compare Dealer Prices for Circulated 1921 Morgan Dollar

Bullion Dealer Price Each Dealer Premium Link
Money Metals Exchange
Dealer Rating:
$30.25 $8.64
(39.99% prem)
BGASC
Dealer Rating:
$30.70 $9.09
(42.07% prem)
JM Bullion
Dealer Rating:
$30.70 $9.09
(42.07% prem)
Monument Metals
Dealer Rating:
$30.75 $9.14
(42.30% prem)
eBay (mbarrcoins)(1) Cull 1878-1904 Morgan Silver Dollar 90% Eagle Collection Bulk Lot Pre-1921
  

See Listing for Shipping
$31.95 $10.34
(47.86% prem)
Bullion Sharks
Dealer Rating:
$47.95 $26.34
(121.90% prem)
Silver Gold Bull
Dealer Rating:
$50.23 $28.62
(132.45% prem)

Melt Value: 1921 Morgan Dollar - Average Circulation

This silver coin contains 0.773 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 1921 Morgan Dollar - Average Circulation is $21.61 based on today's silver spot price.

Prices Last Updated: Apr 13, 2024 11:18 am

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1921 Morgan Dollar - Average Circulation

1921 Morgan Silver Dollar Coin - Average Condition

The US Mint stopped producing one-dollar silver coins in 1904 due a decrease in the need for these coins. The Morgan Silver Dollar coin was reintroduced by the US Treasury in 1921 before releasing the Peace Dollar coin. Morgan Silver Dollar coins from 1921 are popular amongst bullion stackers because of their silver content and historical significance. 

At least 86,730,000 of these coins were minted in 1921, making it the largest known mintage year for silver dollar coins.

1921 Morgan Silver Dollar Coin Highlights:

  • Circulated 90% silver coin
  • Contains .77344 troy ounces of silver
  • Obverse: Lady Liberty, designed by Charles Morgan
  • Coins will be in circulated condition, actual coin will be determined by dealer based on available inventory.

Economies around the world were still recovering from the devastations of the first World War when the Morgan Dollar coin was reintroduced iin 1921 and the public was slow to adopt their use. 

Having a $1 silver coin in common circulation helped to restore trust and faith in the economy and to drive growth and prosperity throughout the roaring 1920's. More than 80 million Morgan style $1 siilver coins were produced by the Mint in 1921. Because of their age, even worn and circulated silver dollar coins from 1921 have numismatic value above and beyond their intrinsic melt value relative to the spot price of silver. 

Any additional numismatic value is based on their collectibility, desirability and the rarity of various coins within in the overall series and mintages when the coins were originally minted.

The premium on Morgan Dollar Silver coins in average circulation will vary from dealer to dealer. The premum value that these coins carry is partially driven by the demands of the collectors market. 

Circulated 1921 Morgan $1 are actively traded by precious metals investors. Wholesale premium of these silver dollars can often be 25% over melt value. 

A common investment strategy often involves timing the market to leverage price swings and increase the profits from their precious metals portfolio. Many investors buy circulated Morgan dollars for that purpose.



1921 Morgan Dollar - Average Circulation Specifications

Weight .7734 oz
Country United States
Type Silver Coin
Mint US Mint
Year 1921
Coins Design Charles Morgan
Classification Historical
Purity .900 fineness


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