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Discover The Value Of A Morgan Silver Dollar 1921-D

butchkaliva December 31, 2024

What is the value of a Morgan silver dollar minted in 1921 at the Denver mint?

The Morgan silver dollar is a United States one-dollar coin that was first struck in 1878 and continued to be produced until 1904, and again in 1921. The coin was designed by George T. Morgan and features the image of Lady Liberty on the obverse and an eagle in flight on the reverse. The 1921-D Morgan silver dollar was minted at the Denver Mint and has a mintage of 891,000 coins. Today, the 1921-D Morgan silver dollar is worth between $20 and $30 in good condition, and up to $100 or more in uncirculated condition.

The value of a Morgan silver dollar depends on a number of factors, including the date it was minted, the mint mark, the condition of the coin, and the current market value of silver. The 1921-D Morgan silver dollar is a relatively common coin, but it is still a valuable piece of American history. Morgan silver dollars were the primary form of currency in the United States for over 25 years, and they played a major role in the development of the American economy.

Here is a table of the mintages and values of all Morgan silver dollars minted in 1921:

Year	Mint Mark	Mintage	Value
1921	D	891,000	$20-$30
1921	O	1,216,000	$20-$30
1921	S	1,084,000	$20-$30

If you have a Morgan silver dollar, you can use the information in this article to help you determine its value. You can also take your coin to a local coin dealer for a professional appraisal.

Morgan Silver Dollar 1921 D Value

The value of a Morgan silver dollar minted in 1921 at the Denver mint is determined by several key aspects:

Year: 1921
Mint mark: D
Mintage: 891,000
Condition: Circulated or uncirculated
Silver content: 90%
Rarity: Common
Value: $20-$30 in good condition, up to $100 or more in uncirculated condition

The year and mint mark are important factors in determining the value of a Morgan silver dollar. The 1921-D Morgan silver dollar is a relatively common coin, but it is still worth more than its silver content due to its historical significance. The condition of the coin is also important, as a well-preserved coin will be worth more than a circulated coin. The silver content of a Morgan silver dollar is 90%, which means that it contains 0.77344 ounces of pure silver. The rarity of a Morgan silver dollar also affects its value, with rarer coins being worth more than common coins. The value of a Morgan silver dollar can also fluctuate depending on the current market value of silver.

In conclusion, the value of a Morgan silver dollar minted in 1921 at the Denver mint is determined by a number of factors, including the year, mint mark, mintage, condition, silver content, rarity, and the current market value of silver. By understanding these factors, you can better determine the value of your Morgan silver dollar.

1. Year

The year 1921 is significant in the context of Morgan silver dollar values because it was the last year that these coins were minted. The Morgan silver dollar was first struck in 1878 and was produced until 1904, when it was replaced by the Peace dollar. However, in 1921, the Peace dollar was not yet ready for production, so the Mint struck a limited number of Morgan silver dollars to meet the demand for silver coinage.

Mintage: The 1921 Morgan silver dollar has a mintage of 891,000 coins, which is relatively low compared to other years. This makes the 1921 Morgan silver dollar a more valuable coin than some of the more common years.
Rarity: The 1921 Morgan silver dollar is a relatively rare coin, especially in uncirculated condition. This is because many of the coins that were minted in 1921 were melted down for their silver content during the silver melt of the 1960s and 1970s.
Value: The value of a 1921 Morgan silver dollar depends on a number of factors, including the condition of the coin, the mint mark, and the current market value of silver. However, in general, a 1921 Morgan silver dollar is worth more than its silver content due to its rarity and historical significance.

In conclusion, the year 1921 is significant in the context of Morgan silver dollar values because it was the last year that these coins were minted. The 1921 Morgan silver dollar is a relatively rare coin, and it is worth more than its silver content due to its rarity and historical significance.

2. Mint mark

The mint mark on a coin is a small letter that indicates the mint where the coin was struck. The mint mark is usually located on the reverse of the coin, below the date. The mint mark on a Morgan silver dollar can be one of three letters: D, O, or S. The D mint mark indicates that the coin was struck at the Denver Mint. The O mint mark indicates that the coin was struck at the New Orleans Mint. The S mint mark indicates that the coin was struck at the San Francisco Mint.

The mint mark is an important factor in determining the value of a Morgan silver dollar. Coins that were struck at the Denver Mint are generally worth more than coins that were struck at the other two mints. This is because the Denver Mint produced fewer Morgan silver dollars than the other two mints. The 1921-D Morgan silver dollar is a relatively rare coin, and it is worth more than the 1921-O and 1921-S Morgan silver dollars.

In conclusion, the mint mark on a Morgan silver dollar is an important factor in determining its value. The 1921-D Morgan silver dollar is a relatively rare coin, and it is worth more than the 1921-O and 1921-S Morgan silver dollars.

3. Mintage

The mintage of a coin is the number of coins that were struck by a particular mint in a given year. The mintage of a coin is an important factor in determining its value, as it indicates the rarity of the coin. The 1921-D Morgan silver dollar has a mintage of 891,000 coins, which is relatively low compared to other years. This makes the 1921-D Morgan silver dollar a more valuable coin than some of the more common years.

The mintage of a coin can also affect its value in other ways. For example, a coin that was struck at a mint that is now closed may be more valuable than a coin that was struck at a mint that is still in operation. This is because the closed mint will not be able to produce any more coins, which makes the coins that it did produce more rare.

In conclusion, the mintage of a coin is an important factor in determining its value. The 1921-D Morgan silver dollar has a relatively low mintage, which makes it a more valuable coin than some of the more common years.

4. Condition

The condition of a coin is one of the most important factors in determining its value. A coin that is in mint condition is worth more than a coin that is circulated or damaged. This is because a mint condition coin has not been damaged by being in circulation, and it has retained its original luster and sharpness of detail. Circulated coins, on the other hand, have been in circulation and have been damaged by being handled and used. This damage can include scratches, dings, and wear. As a result, circulated coins are worth less than mint condition coins.

The condition of a Morgan silver dollar is especially important in determining its value. This is because Morgan silver dollars are relatively common coins, and the majority of them are in circulated condition. As a result, a mint condition Morgan silver dollar is worth more than a circulated Morgan silver dollar. The difference in value between a mint condition Morgan silver dollar and a circulated Morgan silver dollar can be significant. For example, a mint condition 1921-D Morgan silver dollar can be worth up to $100, while a circulated 1921-D Morgan silver dollar may only be worth $20.

If you have a Morgan silver dollar, it is important to have it graded by a professional coin grader. This will help you to determine the condition of the coin and its value. You can then decide whether to sell the coin or keep it as an investment.

5. Silver content

The silver content of a coin is the percentage of pure silver that it contains. The silver content of a Morgan silver dollar is 90%, which means that it contains 0.77344 ounces of pure silver. The silver content of a coin is an important factor in determining its value, as it indicates the amount of silver that the coin contains. The higher the silver content, the more valuable the coin will be.

Face value: The face value of a coin is the value that is stamped on the coin. The face value of a Morgan silver dollar is one dollar. However, the silver content of a Morgan silver dollar is worth more than its face value. This is because the silver content of a Morgan silver dollar is worth more than one dollar.
Melt value: The melt value of a coin is the value of the metal that the coin contains. The melt value of a Morgan silver dollar is the value of the 0.77344 ounces of pure silver that it contains. The melt value of a Morgan silver dollar can fluctuate depending on the current price of silver.
Numismatic value: The numismatic value of a coin is the value that it has to collectors. The numismatic value of a Morgan silver dollar is determined by its rarity, condition, and desirability. The numismatic value of a Morgan silver dollar can be much higher than its face value or melt value.

The silver content of a Morgan silver dollar is an important factor in determining its value. The higher the silver content, the more valuable the coin will be. However, the numismatic value of a Morgan silver dollar can also be significant, depending on its rarity, condition, and desirability.

6. Rarity

The rarity of a coin is an important factor in determining its value. The rarer a coin is, the more valuable it will be. The 1921-D Morgan silver dollar is a relatively common coin, with a mintage of 891,000 coins. This means that it is not as valuable as some of the rarer Morgan silver dollars, such as the 1893-S Morgan silver dollar, which has a mintage of only 100,000 coins.

However, the rarity of a coin is not the only factor that determines its value. Other factors, such as the condition of the coin and its silver content, also play a role. For example, a mint condition 1921-D Morgan silver dollar will be worth more than a circulated 1921-D Morgan silver dollar. Similarly, a 1921-D Morgan silver dollar with a high silver content will be worth more than a 1921-D Morgan silver dollar with a low silver content.

Overall, the rarity of a coin is an important factor in determining its value. However, it is not the only factor that matters. Other factors, such as the condition of the coin and its silver content, also play a role.

7. Value

The value of a Morgan silver dollar minted in 1921 at the Denver mint (1921-D Morgan silver dollar) can vary significantly depending on its condition, ranging from $20 to $30 for coins in good condition to over $100 for uncirculated specimens. This wide range in value reflects the differing levels of wear and tear that coins may exhibit due to circulation and handling.

Condition: The condition of a coin is a primary determinant of its value. Coins that have been well-preserved and show minimal signs of wear are considered to be in uncirculated condition and command higher prices. In contrast, coins that have been heavily circulated and exhibit noticeable wear and tear are considered to be in good condition and are worth less.
Silver content: Morgan silver dollars are composed of 90% silver, which contributes to their intrinsic value. The price of silver fluctuates over time, influencing the melt value of these coins. However, the numismatic value of Morgan silver dollars often exceeds their melt value due to their historical significance and collector demand.
Rarity: The 1921-D Morgan silver dollar has a relatively common mintage of 891,000 coins, making it less rare than some other Morgan silver dollar issues. However, its value is still influenced by its scarcity compared to other coins in the series.
Collector demand: Morgan silver dollars are popular among collectors, and the demand for these coins can affect their value. Uncirculated coins and those with desirable characteristics, such as strong strikes or attractive toning, are particularly sought after by collectors and may command higher prices.

Ultimately, the value of a 1921-D Morgan silver dollar is determined by a combination of factors, including its condition, silver content, rarity, and collector demand. Understanding these factors can help collectors and investors make informed decisions when buying or selling these coins.

FAQs about Morgan Silver Dollar 1921 D Value

This section addresses frequently asked questions and misconceptions surrounding the value of Morgan silver dollars minted in 1921 at the Denver mint (1921-D Morgan silver dollars).

Question 1: What factors determine the value of a 1921-D Morgan silver dollar?

The value of a 1921-D Morgan silver dollar is primarily determined by its condition, silver content, rarity, and collector demand. Coins in uncirculated condition with high silver content and desirable characteristics are generally more valuable.

Question 2: How much is a 1921-D Morgan silver dollar worth?

The value of a 1921-D Morgan silver dollar can range from $20 to $30 for coins in good condition to over $100 for uncirculated specimens. The specific value depends on the factors mentioned above.

Question 3: Is a 1921-D Morgan silver dollar rare?

The 1921-D Morgan silver dollar has a relatively common mintage of 891,000 coins, making it less rare than some other Morgan silver dollar issues. However, its value is still influenced by its scarcity compared to other coins in the series.

Question 4: Where can I sell a 1921-D Morgan silver dollar?

You can sell a 1921-D Morgan silver dollar to coin dealers, at coin shows, or through online marketplaces. It is recommended to have the coin professionally graded to determine its condition and value.

Question 5: How can I identify a genuine 1921-D Morgan silver dollar?

Genuine 1921-D Morgan silver dollars have specific characteristics, including a reeded edge, a mint mark "D" below the eagle on the reverse, and the1921. It is important to examine the coin carefully and compare it to known genuine examples to ensure authenticity.

Summary: Understanding the factors that influence the value of a 1921-D Morgan silver dollar is crucial for collectors and investors. By considering condition, silver content, rarity, and collector demand, you can make informed decisions when buying or selling these coins.

Transition: Explore the historical significance and cultural impact of Morgan silver dollars in the next section.

Conclusion

The 1921-D Morgan silver dollar holds historical significance as one of the last coins minted in the Morgan dollar series. Its value is determined by a combination of factors, including condition, silver content, rarity, and collector demand. Understanding these factors allows collectors and investors to make informed decisions when buying or selling these coins.

Morgan silver dollars remain popular among collectors today, and their value continues to rise. As tangible assets with intrinsic value, they offer a hedge against inflation and economic uncertainty. Whether you are a seasoned collector or a novice investor, the 1921-D Morgan silver dollar presents an opportunity to acquire a piece of American history and diversify your portfolio.