The 1921 Morgan Silver Dollar holds a fascinating place in American numismatic history. Here's a glimpse into its story:
1. End of an Era: The 1921 Morgan Silver Dollar marked the end of the Morgan Dollar series, which had been minted intermittently from 1878 to 1904, and then again in 1921. Its production was authorized under the Pittman Act of 1918, which required the melting and re-coining of millions of older silver dollars to stabilize the silver market.
2. Transitional Year: 1921 was a transitional year for U.S. coinage. The Morgan Silver Dollar was replaced later in the year by the Peace Silver Dollar, commemorating the end of World War I. The 1921 Morgan was the last year of issue for this iconic coin series.
3. Minting Challenges: Production of the 1921 Morgan Dollar faced some obstacles. The U.S. Mint was in the process of transitioning to new coinage designs and machinery, leading to inconsistencies in strike quality and variations in surface finishes among coins minted in Philadelphia, Denver, and San Francisco.
4. Historical Context: Beyond its numismatic significance, the 1921 Morgan Dollar is a tangible artifact of its time. It reflects the economic and social landscape of post-World War I America, a period marked by rapid industrialization, social change, and the dawn of the Roaring Twenties.
5. Collectors' Favorite: Despite its relatively high mintage compared to earlier Morgan Dollars, the 1921 issue is highly sought after by collectors due to its historical significance as the series' final year and its unique place in American coinage history.
The 1921 Morgan Silver Dollar, with its blend of historical significance and numismatic allure, continues to captivate collectors and enthusiasts alike, serving as a tangible link to America's rich past.
*The coin pictured is used strictly to show the design and does not represent the condition of the coin offered here.