Originally issued from 1878 to 1904, the Morgan Silver Dollar was authorized for fresh coining in 1921 following the passage of the Pittman Act in 1918. The act technically authorized a resumption of silver dollar coining, with the US Mint opting to use the Morgan Silver Dollar design from 1878 for the resumption of silver dollar production. Right now, certified 1921 Morgan Silver Dollar Coins are available to purchase online from JM Bullion.
Coin Highlights:
- Arrives in an NGC protective plastic slab!
- Final issue of the Morgan Silver Dollar!
- Limited availability of certified Morgan Silver Dollars!
- Contains .77344 Troy oz of actual silver content.
- Bears a face value of $1 (USD) backed by the federal government.
- Issued a Grade of Mint State 64 by the Numismatic Guaranty Corporation.
- Lady Liberty on the obverse side.
- Heraldic eagle on the reverse field.
- Please note the NGC label in the slab could vary in color.
Each 1921 Morgan Silver Dollar available here comes with a Mint State 64 from the NGC. Coins in this condition exhibit average mint luster with the potential for silver small contact marks. These marks are typically grouped together or the coin may instead feature one or two heavier contact marks. Other potential flaws include one to two small hairlines and light scuff marks. It is possible that the NGC labels inside the slab could vary in color. We cannot guarantee which label color you will receive, but all coins are graded the same at MS64. If you buy multiples, you could get matching label colors or a mixture of the different labels.
The Pittman Act of 1918 authorized the resumption of silver dollar coining after the 1904 halt of the series. The act authorized the US government to convert 350 million ounces of existing silver dollars to be melted down into bullion and sold. That quantity of silver dollars would be replaced by freshly struck silver dollars, with the Morgan Silver Dollar design leading off the resumption of coining from January 1921 to December 1921, with a new design eventually replacing the Morgan on December 28, 1921.
Lady Liberty is found on the obverse side of 1921 Morgan Silver Dollars. This image was created back in 1878 by George T. Morgan when he was a newly-hired Assistant Engraver at the United States Mint. By 1921, the US Mint no longer had a master die for coining the Morgan Silver Dollar designs, so now-Chief Engraver George T. Morgan had to create a new master die for coining.
A depiction of the heraldic eagle is found on the reverse field of 1921 Morgan Silver Dollar Coins. This 19th-century version of the heraldic eagle was one of the final designs of the national emblem to lack a US national shield in the design element. Instead, it depicts only the bald eagle in front-facing relief with the arrows of war and the olive branch of peace in its talons.
The 1921 Morgan Silver Dollar Coins were issued by the Philadelphia Mint, without mint marks present, and by the San Francisco and Denver Mint with “S” and “D” mint marks, respectively.
If you have questions, JM Bullion has the answers. Please feel free to contact us on the phone at 800-276-6508, online through our live chat, and via our email address.