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1921 Morgan Silver Dollar Value

1921 Morgan dollar value guide -- the final, most common year of the series, and what a typical example is worth.

1921 Morgan Silver Dollar obverse
1921 Morgan Silver Dollar reverse
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Year
1921
Mint mark
None (Philadelphia)
Composition
90% silver, 10% copper
Mintage
44,690,000

Current value

Typical circulated
$82
Uncirculated (low)
$112
Uncirculated (high)
$309

Note: a full grade-by-grade breakdown for this coin is still being compiled.

Source: USA Coin Book, https://www.usacoinbook.com/coins/3300/dollars/morgan/1921-P/ (retrieved 2026-08-21)

Why it matters

The final year of the series and by far the highest single-year mintage of any Morgan dollar -- struck at Philadelphia, Denver, and San Francisco after a 17-year gap since 1904.

The most common, most affordable Morgan dollar overall -- useful as the "baseline" contrast to the key dates above.

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Buying a morgan silver dollar

Condition drives price more than any other factor on a coin like this — two examples of the same date can be worth very different amounts depending on wear and authentication.

Grade before you price it

The value table above is organized by grade for a reason — a coin's condition, not just its date, sets where it lands on that range. If you're not sure how to grade, a seller's photos and description should call it out.

Check for authentication

A professionally graded (PCGS/NGC) example carries more certainty than a raw coin, and usually a small premium for it. Both are fine to buy — just factor grading into the price you're comparing.

Compare a few listings

Prices vary between individual sellers here, not one retailer's price list. Sort by price, check the seller's Metal Points and order history, and message the seller if photos don't show enough detail to grade confidently.

Common questions

About the 1921 Morgan Silver Dollar

How much is a 1921 Morgan Silver Dollar worth?

A typical circulated example brings around $82, with uncirculated examples ranging from $112 to $309.

What makes the 1921 Morgan Silver Dollar valuable?

The final year of the series and by far the highest single-year mintage of any Morgan dollar -- struck at Philadelphia, Denver, and San Francisco after a 17-year gap since 1904.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.


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