For many passionate coin collectors, the 1921 Morgan silver dollar is treasured and deeply significant in their meticulously curated collections. This iconic piece of American history, minted after the First World War, has a rich and captivating backstory that adds to its allure.
The 1921 Morgan silver dollar boasts a beautifully intricate design featuring the graceful figure of Lady Liberty on the front and a majestic eagle on the back. This coin serves as a testament to the artistry and craftsmanship of its era, capturing the essence of its time with unparalleled elegance.
Beyond its aesthetic appeal, the 1921 Morgan silver dollar also boasts significant value, making it a prized possession among numismatists. This article will explore the fascinating reasons why this particular coin has captured the hearts and imaginations of collectors worldwide.
A Brief History of the 1921 Morgan Silver Dollar
The Morgan silver dollar, minted from 1878 to 1904 and then again in 1921, is named after its designer, George T. Morgan. Morgan’s design was selected in a competition, departing from the tradition of using staff engravers for coin design. The 1921 edition was the last year of issue for the Morgan dollar and is therefore considered highly collectible.
The Design and Composition
The 1921 Morgan silver dollar is highly esteemed for several reasons, with its design being one of the most prominent. On the obverse, you’ll find a captivating left-facing portrait of Lady Liberty elegantly adorned with a Phrygian cap and wreath.
These symbols beautifully represent the ideals of freedom and victory. The reverse proudly displays an eagle with its wings outstretched, a powerful symbol of American strength and liberty. Moreover, the coin’s impressive size and 90% silver composition add to its appeal. These characteristics give the Morgan silver dollar a substantial feel in hand, which many collectors appreciate.
The Value of the 1921 Morgan Silver Dollar
The value of the 1921 Morgan silver dollar varies significantly based on its condition. While worn 1921 dollars are extremely common- probably 10 to 15 million still exist- they are worth between $30 and $45 in circulated condition. However, the value can rise substantially in uncirculated conditions, with some coins fetching up to $258 or more.
Furthermore, the value of the 1921 Morgan Silver Dollar has risen with the price of silver, currently estimated at $20.16 each. This means these coins still hold a decent value even in worn condition.
The Significance of the 1921 Morgan Silver Dollar
For many collectors, the 1921 Morgan silver dollar’s significance exceeds its monetary value. As the last year of issue for the Morgan Dollar, it marks the end of an era in American coinage. This historical significance and impressive design make it a prized memento and a must-have in any coin collection.
Furthermore, the 1921 Morgan silver dollar is a tangible piece of American history. Owning one connects you to when the United States underwent significant growth and change.
Why Coin Collectors Love The 1921 Morgan Silver Dollar – In Conclusion
The 1921 Morgan silver dollar is more than just a coin; it’s a piece of art, a slice of history, and a valuable asset. Its rich history, beautiful design, and potential value make it a beloved treasure among coin collectors. Whether you’re a seasoned numismatist or a beginner, the 1921 Morgan silver dollar is a worthy addition to your collection.