The metal became so overproduced that by early 1893, the silver content of a silver dollar was worth only 60 cents. It took six or seven years to develop that historical information to the point where i felt it was accurate. These prices are only estimates and will not give you the true market value of your 1921 morgan silver dollar. The mint mark if any is on the eagle side reverse near the bottom under the wreath above the do in dollar. Value of 1921 silver dollar october 08 20 in 1921, two different designs of u. Produced for more than 40 years, the morgan silver dollar was in circulation longer than any other. That means there are a few minor differences in the design of the 1921 morgan silver dollar versus those made in 1904 and before. And of higher value to collectors are those found today in top preservation. Morgan designed the coin, which featured a profile of lady liberty on the obverse and an eagle on the reverse. Aug 17, 2017 the morgan dollar is a big coin with a big history. These coins boasted imagery that was as intricate as it was beautiful, and took. That was published as part of a book called renaissance of american coinage, 1916 1921. The official red book of morgan silver dollars 18781921. As the value of silver continued to plummet, jittery silver owners rushed to exchange their silver for gold coins.
Of course, there are a few exceptions, especially for morgan dollars minted at carson city, but most morgan dollars on the market today never circulated as regular coinage. The 1921 peace dollar is also highlyprized by collectors for its striking design, as the high relief version brings out all the details in the artists vision. A distinct boldness is notable by the complete rendering of hair detail in the center. The official red book is online, offering its valuable info in an easy to browse site. Pcgs, a profession coin grading company offers a free guide you can use to reference your coin. The coin comprised 90 percent silver and 10 percent copper and was struck at u. Check out silver dollar values here to find out what your morgan silver dollars or peace silver dollars may be worth. Find out the coin values and prices for peace dollars minted between 1921 and 1935. Featuring the coins of the gsa hoard the morgan and peace dollar. Find the current morgan dollar values by year, coin varieties, and specific grade. Apr 08, 2010 the 1921 morgan dollar is quite common for all 3 mints struck quite a few. Coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. How to find the value of a buffalo nickel with no date.
United states classic gold coins of 18341839 buy the book before the coin. Of the over 20 million struck, this coin is one of just an elite few this nice. Sep 24, 2014 coinage of the silver dollar was suspended after 1904, when demand was low and the bullion supply became exhausted. The 1921 morgan silver dollar was produced in three mints. I recommend buying the red book for looking up value.
If you have any morgans that have mintmark, cc, carson city, the value goes up. A morgan dollars silver value depends on the current market price, so use this formula. Rare chapman proof 1921 morgan silver dollar to be offered. Morgan silver dollar basics coin collecting and silver. The melt value shown below is how valuable the coins metal is worth bare. When it comes to the morgan silver dollar, assigning a price is no more difficult than assessing the condition of the coin and understanding what type of coin you own. The morgan dollar is a big coin with a big history. The birth of americas beautiful morgan dollar minted from 18781904, and once again in 1921, the morgan silver dollar is one of americas most popular collectible coins.
Get the best deals on morgan silver dollar book when you shop the largest online selection at. Incomplete sets will often bring several hundred dollars. Morgan silver dollars 18781921 littleton coin company. Since a morgan dollar consist of 90% silver and 10% copper then their base price for any grade, condition, date or mint is going to be the silver value. We offer competitive silver prices on morgan dollars 1921 pcgs certified and secure 247 online ordering. Value of morgan silver dollar coins sell rare coins. Collectors guide to morgan silver dollars jasper52. The silver price is based in troy ounces and that means we need to multiply the metal price by. The silver peace dollar issued from 1921 through 1935 was a coin that commemorated the end of the most traumatic war in human history. During wwi, the us sent massive amounts of silver bullion across the atlantic to help britain cover a run on the pound sterling. Silver dollars silver dollar pre 1921 morgan 26% off. The prices listed in our database are intended to be used as an indication only.
Jan 01, 2004 the official red book of morgan silver dollars 1878 1921. Strike appeal and 1921 peace silver dollar value as you look closely at the two 1921 peace dollars pictured, a greater depth of design is evident on the left coin compared to the coin on the right. Being that condition means everything to collectors, it goes without saying that those wellpreserved pieces will sell for the highest prices. Thats because there are 2 different types or designs of 1921 silver dollars. The most widely collected classic united states coins, originally struck from 1878 to 1904, and in 1921. Now, lets get to what you came here for to see the 1921 silver dollar value.
Coin value prices, price chart, coin photos, mintage figures, coin melt value, metal composition, mint mark location. Under the policy of bimetallism, gold and silver both secured the backing for us currency. The morgan silver dollars worth money are the cc mint or carson city minted ones as well as some of the key dates that i. Slightly over a million pieces were struck, a modest mintage for a silver dollar. Some pcgs coins sell for less than the prices listed and some pcgs coins sell for more than the prices listed. Understand how 1921 morgan dollars are priced, and become a better collector. Top quality 1921 morgan silver dollar value special in many ways, the coin pictured is one of the finest survivors of all the 1921 silver dollars minted at the denver mint. Dec 01, 20 by interesting coincidence, morgan dollar production resumed on the very same day may 9, 1921 that legislation was introduced in congress calling for the issuance of a new silver dollar marking the postwar peace. The highest mintage for any morgan coin is the 1921 silver dollar. Mar 09, 2020 today morgan silver dollar grading is a big part of collecting and coming up with a value. How to sell a 1921 morgan silver dollar our pastimes.
With silver bullion supplies restored, the united states mint was authorized to begin striking the morgan dollar. I edited some of that material to be the first part of the peace dollar book. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nations great gold and silver rushes particularly 1859 and. Varietyplus morgan dollars 18781921 production of the standard silver dollar had ceased in 1873, but the blandallison act of 1878 mandated large purchases of silver specifically for the coining of this denomination.
In the guide book of peace dollars, awardwinning author roger w. The series of a guidebook of united states coins, more popularly known as the red book is very collectable. The morgan silver dollar was in general circulation from 1878 to 1921. The morgan dollar ceased production in 1904 when the supply of silver authorized by congress ran out. The official red book of morgan silver dollars 1878 1921. Cdn publishing, llc does not buy or sell collectible coins or currency and users are strongly encouraged to seek multiple sources of pricing before making a final determination of value. Two exceptions are the first year of issue 1921 peace dollar, minted only at the philadelphia mint and issued in high relief, and the. Value of morgan silver dollar coins price guide and sell rare coins. Find the current peace dollar values by year, coin varieties, and specific grade. Not many silver dollars were produced in 1928, because few were required to fulfill the mandate of the pittman act. When silver dollar production resumed in 1921, the peace silver dollar design was not ready for the coining presses. However, finding the value of a 1921 silver dollar is sometimes more difficult than just going online and looking up 1921 silver dollar values thats because there are 2 different types or designs of 1921 silver dollars one type of 1921 dollar coin is worth only a nominal amount over silver value.
Morgan and peace silver dollars the vam book a guide book of morgan silver dollars official red book the top 100 morgan dollar varieties. A guide book of morgan silver dollars official red book the top 100 morgan dollar varieties. I recommend to learn about and help you identify morgan dollar vams. Call 800 3759006 to order 1921 s morgan dollar ms66 pcgs at apmex. The pcgs price guide on morgan dollars has an updated list of certified coin prices. Under provisions of the pittman act of 1918, 270,232,722 silver dollars were melted. Now that youve seen the differences between the 2 main types of silver dollar coins and you know which one you have, youll be able to figure out how much your 1921 silver dollar is worth. The united states treasury melted approximately 270 million silver dollars in 1918 to loan the metal to great britain. Production of the coin continued all the way up until 1921, when the coin was replaced by an even newer, albeit less. The 1921 peace dollar is a very interesting and extremely important coin. Higher premiums for morgan silver dollars, along with other vintage silver coins such as silver liberty seated dollars, are based on rarity, historical significance, condition and beauty of the.
The morgan silver dollar is considered the most widely collected and traded coin minted by the united states. Morgan silver dollar 1878 1921 produced for more than 40 years, the morgan silver dollar was in circulation longer than any other. According to the red book, the mint marks for all 1921 d and s silver dollars were made with a punch that was much smaller than that used on earlier morgans. By the time 1921 had rolled around, the morgan silver dollar series had been in hibernation since 1904. Only about 1 million peace dollars were produced in 1921, making this dollar coin much more valuable than most others within the series. Morgan dollars 18781921 price guide and values ngc. Cracks appear as raised irregular lines that can distort legends and other parts of the coins design. Though silver dollars have been part of american coinage since the early days.
Morgan silver dollar the basics and what you should know. Do you want to know how much your peace silver dollar is worth. Under provision of the pittman act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar was resumed. Burdette explores these fascinating and collectible coins, covering every date and mintmark of america s last 90% silver dollar. Get the best deals on ms 67 graded peace dollars 1921 1935. The coin at this time in circulated grades is worth the silver value only. If youre looking around for a fantastic bargain for the silver dollars silver dollar pre 1921 morgan, then youve arrived at the right spot these unique gift ideas from the skilled product professionals at silver dollars are designed by using long lasting and efficient components, to be able to supply you with a product which is going to be beneficial for a long time.
Official red book online coin price guide silver and. Theres a lot to learn about them, and while this video doesnt have everything i hope it helps you in your pursuit of knowledge. In 1921, additional morgan dollars were struck to build up the reserve of coins needed to back paper silver certificates. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nations great gold and silver rushes particularly 1859 and the great comstock lode. Value of peace dollars 1921 1935 peace silver dollars were the last type of united states one dollar coins issued for regular circulation that had a composition of 90% silver.
Peace dollars were minted from 1921 to 1928, and again in 1934 and 1935. Coin values for the 1878 1921 silver morgan dollar are updated with the live silver price. Peace silver dollar coin price guide value and sell rare. It is, of course, the first year of issue for the peace dollar series. Against this backdrop, the mint had no reason to strike new silver dollars as replacements for the ones that had been melted but the pittman act required it to do so. Morgan silver dollar book in morgan dollars 18781921 for sale.
Philadelphia no mintmark, san francisco s mintmark, and denver d mintmark. This page also shows coins listed for sale so you can buy and sell. There were two types of silver dollars made in 1921. Ngc, another professional grading service, offers a free guide, but you must create an account on their website to access it. What is the value of a carson city silver dollar answers. Morgan silver dollar book in morgan dollars 18781921. Morgan 18451925, the morgan dollar was minted from 1878 to 1904 and once again in 1921. As a rule, you need to keep in mind that common date morgan silver dollars that grade below au50 are only worth their silver bullion value. Get started with instant access to price, history, and grading guides. Morgan silver dollars and peace silver dollars are both very popular coins that have been coin collector favorites for decades.
Remember that the prices are just a guide, a starting point for asserting value. The 1928 dollar issued from the philadelphia mint is the rarest of all peace dollars. See details guide book of morgan silver dollars, red book 6th edition. Points to consider before you invest in morgan dollars. Morgan dollar values are affected by their numismatic or collector value. What is the value of a 1921 micros morgan silver dollar. Collectible and numismatic values are also updated on a frequent basis. Accordingly, in 1921, after the price of silver had fallen from postwar highs, it started cranking out the longsuspended morgan silver dollars once again. The second coins design is muted by the incomplete strike. One type of 1921 dollar coin is worth only a nominal amount over silver value in most cases. Morgan silver dollar book in morgan dollars 18781921 for. The new orleans mint used an o and the san francisco mint an s. None of the peace dollar mintages are particularly rare, and a guide book of united states coins or red book lists lowgrade circulated specimens for most years for little more than the coins bullion value.
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