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1921 Morgan Dollar - Average Circulation

Compare the best online dealer prices before you buy 1921 Morgan Dollar - Average Circulation coins.

Bullion Dealer Price Each Dealer Premium Link
Dealer Rating:
$30.21 $15.96
(111.94% prem)
Dealer Rating:
$31.31 $17.06
(119.66% prem)
Money Metals Exchange
Dealer Rating:
$33.74 $19.49
(136.71% prem)
SD Bullion
Dealer Rating:
$34.99 $20.74
(145.48% prem)
Monument Metals
Dealer Rating:
$37.99 $23.74
(166.53% prem)
Silver Gold Bull
Dealer Rating:
$39.10 $24.85
(174.31% prem)
Bullion Sharks
Dealer Rating:
$47.95 $33.70
(236.40% prem)

1921 Morgan Dollar - Average Circulation Melt Value

The 1921 Morgan Dollar - Average Circulation coin contains .7734 troy ounces of silver bullion. The melt value of one 1921 Morgan Dollar - Average Circulation coin is $14.25 based on the current silver spot price.

Prices Last Updated: Sep 28, 2022 07:18 am

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Product Description

1921 Morgan Silver Dollar Coin - Avereage Condition

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 dollars.

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.

The Mint had stopped producing one-dollar silver coins in 1904 due a decrease in the need for these coins. 

The mint began producing Morgan dollar coins in 1921 and the public was slow to use them. 

Economies around the world were still recovering from the devastations of the first World War when the Morgan Dollar coin was reintroduced iin 1921. 

Having a $1 silver coin in common circulation helped to restore trust and faith in the economy to drive growth through a prosperous economy throughout the roaring 1920's.

More than 80 million Morgan style $1 siilver coins were produced by the Mint in 1921 and they are popular with collectors.

Even worn and circulated silver dollar coins have numismatic value in addition to their intrinsic melt value relative to the spot price of silver. 

The 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 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 Coins
Mint US Mint
Year 1921
Coins Design Charles Morgan
Classification Historical
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