The Value of Morgan Silver Dollars
Morgan Silver Dollars are valuable beyond their Silver content because of their rarity and popularity with collectors. The 1921 Silver dollar has numismatic and collector value, meaning these Silver dollars
have a higher premium price than Silver bars that are purchased for investments. The value of the Morgan Silver Dollar, unlike Silver bullion coins or bars
, is based on Silver content plus the 1921 Morgan Dollars’ popularity and rarity.
Rare Morgan Dollar Coins
The 1921 Silver Dollars gain value because the Silver coins were the only Morgans minted in Denver, and it was the final year for the coin. Morgan Silver Dollar coins are also popular thanks to their iconic Lady Liberty design.
1921 Silver Morgan Dollar FAQAre uncirculated Morgan Silver Dollars more valuable than others?
In most cases, uncirculated Morgan Silver Dollars will be more valuable than other coins that have been circulated. There are exceptions to this rule, however, since certain series of U.S. dollar coins are more collectible than others. Much of this depends on the current market, and how strong the demand is for Morgan coins. The 1921 series is significant because it was the only year the Morgan Silver Dollar was produced at the Denver branch of the U.S. Mint. This piece of history makes the coin highly desired by collectors, frequently selling for a premium price. Of course, BU or Brilliant Uncirculated Morgan Silver Dollars from this year are worth a great deal to many collectors.
What are the best Silver Dollar coin sets to own?
The best Silver Dollar coin sets will always include an example from the Morgan series. That’s because the Morgan Silver Dollar, along with Peace Dollars and Liberty Dollars, are among the most popular coins ever made. Sets can be found with any number of coins included, and should always be tied together by some distinctive quality. This similarity could be the mint where each coin was created or the year they were struck. If you are looking to buy a full set of Morgan Silver Dollar coins, check to see if a 1921 coin is included.
Where was the 1921-D Morgan Silver Dollar made?
While the series started many years earlier in Philadelphia, the 1921-D Morgan Silver Dollar was made exclusively in Denver, Colorado. This series of Morgan Dollars was the first since 1904, and also the last one ever authorized by the government. The Denver Mint was opened in 1906 and is an official branch of the United States Mint. All coins struck by the Denver Mint include the mint mark “D,” whether they are intended for circulation or as commemorative pieces. It is estimated that the Denver Mint is the largest coin-producing facility in the world. Many collectors consider the 1921-D Silver Dollar to be a must-have, because of the unusual history behind the coin. Visitors to Colorado can tour the Denver Mint today, and learn even more about the story of mining and coin making in the region.