The 1921 Morgan dollar holds a distinct place in American coinage history. After a seventeen-year production gap, the U.S. Mint revived the Morgan design for a single year before retiring it in favor of the Peace dollar. That combination of a final-year status and high original mintage makes the 1921 a coin that turns up frequently in collections — accessible enough to own, historically significant enough to matter.
Key Features:
- Composition & Silver Content: 90% silver, 10% copper — .7734 troy oz of actual silver
- Weight & Diameter: 26.73 grams, 38.1 mm, reeded edge
- Year: 1921
- Obverse Design: Left-facing portrait of Liberty wearing a crown inscribed “LIBERTY” with a wheat and cotton wreath; “E PLURIBUS UNUM” above, thirteen stars around the rim, date below
- Reverse Design: Heraldic eagle with wings spread, clutching arrows and an olive branch; “IN GOD WE TRUST” above in period lettering; “UNITED STATES OF AMERICA” and “ONE DOLLAR” around the rim
- Grade: Very Good (VG) — moderate even wear across both sides; major design elements clear and fully outlined; date and inscriptions fully legible
The obverse shows Liberty in left profile, her flowing hair pulled back beneath a crown bearing the word “LIBERTY,” decorated with wheat stalks and cotton leaves. The thirteen border stars and “E PLURIBUS UNUM” inscription circle the rim, with 1921 struck at the bottom. At Very Good grade, the high points of Liberty’s hair and cheek carry smooth, even wear consistent with genuine circulation, while the portrait’s outline and facial features remain fully defined. The coin bears the character of a piece that passed through real commerce during the final chapter of the Morgan series.
The reverse presents the familiar heraldic eagle at full wingspan, gripping a bundle of arrows in one talon and an olive branch in the other, a shield at its breast. “IN GOD WE TRUST” arches above in the series’ distinctive Old English lettering, and laurel branches frame the lower field. At this grade level, the eagle’s feathers show flattening across the breast and upper wings, while the overall composition — including the wreath, shield, and inscriptions — reads cleanly and completely.
The 1921 Morgan was struck at Philadelphia, Denver, and San Francisco. Specific mint mark, when present, appears on the reverse below the eagle. All 1921 Morgans carry $1 face value fully backed by the U.S. government and contain just over three-quarters of a troy ounce of silver regardless of grade.
A Very Good 1921 Morgan delivers genuine silver content and a century of history at one of the most approachable price points in the series. Add one to your collection today.










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