1921 $1 Morgan Dollar BU
High Demand Product
The 1921 Silver Morgan Dollar holds a special place in American history. It marks the final year of the Morgan Silver Dollar series, which began in 1878 and was temporarily halted in 1904. Due to the Pittman Act of 1918, which required the melting of millions of Morgan Dollars to replenish the nation's silver reserves, a limited number of 1921 Morgan Dollars were minted. These Morgan Dollars serve as a nostalgic reminder of the past and are cherished by collectors and enthusiasts alike for their historical significance.
The 1921 Silver Morgan Dollar has a fascinating history that reflects the changes in American coinage during the early 20th century. After a hiatus of over 16 years, the Morgan Dollar series was revived due to the Pittman Act of 1918, which mandated the melting of millions of Morgan Dollars to replenish the nation's silver reserves. As a result, the U.S. Mint produced a limited number of 1921 Morgan’s in three mints: Philadelphia, Denver, and San Francisco. These coins were struck using older dies, resulting in varied striking qualities and distinctive mintmarks, making each coin unique. Despite their short mintage period, they circulated widely and became highly sought after by collectors, leading to their significant presence in the market today.
The design of the 1921 Silver Morgan Dollar follows the classic style of its predecessors. The obverse features a left-facing portrait of Lady Liberty, adorned with a Phrygian cap and wreath, representing freedom and victory. Encircling her are thirteen stars, symbolizing the original thirteen colonies of the United States. The year "1921" is inscribed below the portrait. On the reverse, the iconic image of a bald eagle with outstretched wings can be seen, clutching an olive branch and arrows in its talons, symbolizing peace and military readiness. Above the eagle is the inscription "United States of America," and surrounding it are the phrases "One Dollar" and "In God We Trust." The design was created by George T. Morgan, the Chief Engraver of the U.S. Mint at the time, and it has become one of the most beloved and recognizable coin designs in American history.