1921 Morgan Silver Dollars

1921 Morgan Silver Dollar Coin – VG

Rated in “Very Good” condition, these 1921 Morgan Silver Dollar Coins are a great way to invest in numismatic silver. They were minted during the revival year of the Morgan Silver Dollar, a coin which wouldn’t be produced again by the U.S. Mint until they released the bullion Morgan and Peace Silver Dollar Sets in 2023. These coins feature very few blemishes, as well as .90 fine silver bullion. 

1921 Morgan Silver Dollar Coin – BU

On the obverse of the 1921 Morgan Silver Dollar, you’ll find Lady Liberty. She wears a bonnet and her headband and looks into the left-hand direction of the coin. The reverse bears the American bald eagle, a classic image of American freedom and liberty. This coin is kept in Brilliant Uncirculated (BU) condition, making it an exceptionally rare specimen. The 1921 Morgan Silver Dollar Coin (BU) is a fantastic way to celebrate one of America’s most popular silver dollars. 

Shop 1921 Morgan Silver Dollars With Hero Bullion 

1921 Silver Dollars are some of the most recognizable silver coins on the planet. For decades, investors have used these silver dollars to stack quality numismatic silver. In addition to offering .90 fine silver bullion, each of these coins tells a story. In a way, we believe that the 1921 Morgan Silver Dollar tells us the story of American coinage. 

Are 1921 Morgan Silver Dollars a good investment for your portfolio? We tend to think so. Whether you’re a professional numismatist or just looking to diversify your portfolio with historical silver coins, 1921 Morgan Silver Dollars are an exceptional investment. 

Hero Bullion sells a wide range of 1921 Morgan Silver Dollars. Our competitive prices on these coins can help you stack silver without overspending on unnecessary premiums. 

What is a 1921 Morgan Silver Dollar? 

The Morgan Silver Dollar is a coin that was minted from 1878 until 1904. While the coin was discontinued for nearly twenty years, it returned for circulation in 1921. 1921 Silver Dollars represent the very last circulation mintage of the Morgan Silver Dollar. In 2023, the U.S. Mint released their BU Morgan and Peace Silver Dollar Sets to celebrate the classic coin. 

But aside from the most recent bullion edition of the Morgan Dollar, the 1921 coin is the newest Morgan Silver Dollar investments can buy. These coins are sold in a variety of different conditions, and we’re excited to offer them to our customers. 

History of Morgan Silver Dollars 

When it first premiered in 1878, the Morgan Silver Dollar was an instant success. Investors were excited to finally have a limited mintage circulation coin minted with actual silver bullion. Until 1873, the U.S. Mint employed a policy of “free silver.” Under the free silver system, silver stackers could bring bullion to the U.S. Mint and have it converted into silver coins. 

This was great if you were sitting on a hoard of silver, but it wasn’t so good for the economy. When the U.S. used a free silver policy, they minted a potentially infinite number of currency silver coins. 

The Morgan Silver Dollar was first minted in 1878 – just five years after the free silver movement ended. This makes it the first standard silver coin released with a predetermined, limited mintage. 

It was enormously popular and continued mintage until 1904, when it was replaced by the Peace Dollar. But in 1921, the U.S. Mint revived the design – but just for one year. This is the story of the 1921 Morgan Silver Dollar, a classic collectable coin that has made its way onto the shelves of collectors for generations. 

Should You Invest in 1921 Morgan Silver Dollars? 

1921 Morgan Silver Dollars are a great way to put your money on silver. These coins combine pure silver bullion with a rich and vibrant history. The result? An unrivaled collectable coin that allows investors to stack bullion while cashing in on exceptional numismatic value. 

Pros and Cons to Buying 1921 Morgan Silver Dollars

Before you decide if 1921 Morgan Silver Dollars are the right call for your portfolio, let’s take a look at some of the pros and cons of this classic piece of American silver coinage. 

Pros of 1921 Morgan Dollars

Like most numismatic coins, Morgan Dollars are valued for both their silver content and their collectability. The 3 main pros of investing in Morgan Silver Dollars include their numismatic value, .90 fine silver content, and exceptionally high investor demand. 

Numismatic Value 

Like most historical coins, 1921 Morgan Silver Dollars are numismatically valuable. When we say something has numismatic value, we mean that it has value to collectors. Because the 1921 Morgan Silver Dollar was minted in limited numbers during the early 1900s, the coin is extremely important to collectors. 

For silver stackers, it’s never a bad thing to diversify. Most stackers prioritize bullion coins, bars, and rounds. We can understand why. Premiums for numismatic coins are almost always higher than bullion products. However, portfolios filled with bullion coins are entirely dependent on the current spot price of silver. 

Buying some numismatic coins can diversify your portfolio and help you profit – even when the price of silver decreases. 

.90 Fine Silver

Fine silver bullion is the foundation of silver stacking. 1921 Morgan Silver Dollars are minted using .90 pure silver bullion. This isn’t quite as pure as most modern bullion coins, but it’s still highly fine. 

If you’re looking to invest in the purest silver available, 1921 Morgan Silver Dollars might not be for you. However, the high silver content of 1921 Morgan Silver Dollars still makes them a fantastic choice for investors who appreciate silver bullion coins with numismatic value. 

Exceptional Investor Demand 

Since the very first Morgan Silver Dollar premiered in 1878, they’ve been a hit among silver stackers and coin collectors alike. In 2024, 1921 Morgan Silver Dollars remain one of the most popular ways to invest in American silver coinage. These coins are always in demand. 

For savvy stackers, this means one thing: resale value. It’s easy to sell 1921 Morgan Silver Dollars because so many investors want them. The high investor demand for Morgan Silver Dollars makes them an exceptionally popular way to invest in silver. 

Cons to Buying 1921 Morgan Silver Dollars

1921 Morgan Silver Dollars may be the coin of choice for thousands of collectors around the world, but that doesn’t mean they’re without their flaws. Two cons to buying 1921 Morgan Silver Dollars include their high premiums over spot price and their limited variety. 

High Premiums Over Spot Price

Like all numismatic silver coins, 1921 Morgan Silver Dollars are usually sold at high premiums over spot price. The melt value of a coin is only part of its total cost. When a coin offers numismatic or collectable value, expect to pay more when you buy it from a coin dealer or shop. 

This doesn’t mean 1921 Morgan Silver Dollars are a bad investment, though. These coins cost more when you buy them than some bullion silver coins, but they’ll also likely sell for a higher value when you’re ready to start liquidating your collection. 

To cut down on premiums for 1921 Morgan Silver Dollars, we recommend shopping around at multiple dealers. Hero Bullion sells cheap 1921 Morgan Silver Dollars at some of the lowest premiums you’ll find anywhere. 

Limited Selection

Obviously, 1921 Morgan Silver Dollars were only minted for one year. Additionally, all of these coins will bear the same obverse and reverse designs, barring some rare error coins worth thousands of dollars. 

This limited selection might be a problem for some coin collectors. Occasionally, we speak to silver stackers who prioritize a large variety of different coins for their portfolio. If this is you, then you may want to buy more than just our 1921 Morgan Silver Dollars. 

Final Thoughts: Buy 1921 Morgan Silver Dollars With Hero Bullion

For over one-hundred years, the 1921 Morgan Silver Dollar has been a popular way to invest in numismatic silver. Even if you’re not a collectable silver stacker, you could benefit from adding some historical value to your portfolio. 

Hero Bullion sells a wide range of 1921 Morgan Silver Dollars in a variety of conditions. We’re excited to be able to offer competitive pricing and low shipping costs on all of our 1921 Morgan Silver Dollars. 

Check out our full inventory of 1921 Morgan Silver Dollars, and don’t hesitate to contact our team if you have any questions about this classic coin.