1921 Silver Dollar Coin Prices: Morgan and Peace Coins

1921 Silver Dollar Coin Prices: For example, there are a lot of Morgan dollars today that were made at all three mints, which makes them pretty cheap. Rarer Peace dollars, on the other hand, can be pricey, especially if there are only a few struck samples. Let’s see!

1921 Silver Dollar Coin Prices Chart
Condition	Morgan dollar	Peace dollar (high relief)
	1921 No Mint mark dollar	1921 D dollar	1921 S dollar	1921 No Mint mark dollar
Good	$42	$42	$42	$180
Very good	$46	$46	$46	$209
Fine	$50	$50	$50	$239
Very fine	$53	$53	$53	$299
Extra fine	$55	$55	$55	$357
AU	$60	$60	$60	$443
MS 60	$75	$75	$75	$629
MS 65	$258	$578	$874	$3808
PR 65	/	/	/	$188131

History of the 1921 Silver Dollar Coin

Morgan dollars started being produced in 1878 with the use of a design by George T. Morgan. The purpose of their work was to ensure that the ‘silver’ produced in the United States had a safe market. The US Mint attempted again in 1921 despite ceasing production of such coins in 1904. It was the last year that they were made and it was also the year of much change for the company as the annual report showed.

Also Read: Valuation of Early Jefferson Nickels, 1938–1964

Sovereigns of peace were produced in 1921 to commemorate the peace after the World War 1 and were minted until 1935. When the 50 and 25 centavos coins had to be suggested to be made by scholar Farran Zerbe, the plan was made by Anthony de Francisci when he emerged the winner of a competition.

1921 Silver Dollar Coin Prices Guides

The US Mint again issued two totally different sorts of silver dollars, both in the same year, 1921. The Peace dollar was struck for the initial time in the year while the Morgan dollar was struck for the final time in the same year.

1921 Morgan dollar Value

From the circulation coining, the US Mint produced about 86,730,000 Morgan dollars in 1921. Besides, it is estimated that 250 proofs of this pistol were manufactured as well.

1921 No Mint mark Morgan dollar Value

A lot of 1921 No Mint mark silver dollars were made in Philadelphia—44,690,000 of them. People can buy used ones for less than $40, and better-quality ones range in price from $35 to $750.

When it comes to grades, coins in MS 67 are worth $9,400 to $13,000, while coins in MS 68 are worth $28,000 to $32,200.

Some coin fans like the 1921 PL Morgan dollars and are willing to pay $160 to $190 for an AU grade one. Uncirculated pieces are worth $200 to $2,880. MS 66 grade ones are the best and cost $5,000 to $6,000.

Last but not least, you can buy 1921 DMPL Morgan dollars. Prices range from $1,500 to $9,000 for grades MS 60 to MS 64. Grades MS 65 cost around $13,000 to $15,600.

1921 proof Morgan dollar Value

Official records show that the US Mint only made about 250 Morgan samples in 1921. You can expect their worth to be anywhere from $4,000 to almost $300,000, depending on how well they are kept.

Also Read: 10 Valuable Kennedy Half Dollar Coins

1921 D Morgan dollar Value

In 1921, exactly 20,345,000 Morgan dollars with the mint mark D were made. You can still find them on the market, and a used one will only cost you $25 to $55.

The price of mint state coins, on the other hand, varies on how good they are. Expect to pay at least $60 for MS 60 coins and up to $920 for MS 66 coins. When it comes to models that look perfect, things are very different, and you can expect to pay the following amounts:

• $15,000 to $24,000 for the Morgan dollar in MS 67 grade
• $38,000 to $45,000 for the Morgan dollar in MS 68 grade

If you like the 1921PL Morgans, you can get one for $220. A mint condition one costs between $330 and $7,200. The DMPL Morgan dollars are more expensive. Depending on their grade, they can be as high as $17,160.

1921 S Morgan dollar Value

In 1921, 21,695,000 Morgan silver dollars were made at the San Francisco mint. Many of them are now in circulation, so their price on the coin market is only $25 to $55. As expected, coins with the mint mark cost more. The average price ranges from $60 (MS 60) to $900 (MS 65).

But examples in the best grades are much more expensive. For example, coins ranked MS 66 are thought to be worth between $2,450 and $8,500. You can expect to pay between $22,500 and $35,000 for each one that is graded MS 67.

Numismatists are always on the lookout for the 1921 S PL silver Morgans and are willing to pay over $5,000 to get them. That’s how much pieces with the MS 61 grade are worth, while pieces with the MS 65 grade quickly sell at auction for $28,000 to $33,600.

1921 Peace dollar Value

It produced 1,006,488 dollar circulating runs, but normal strikes Peace dollar, 15 proofs in 1921.

1921 No Mint mark Peace dollar Value

Out of mere strike the Philadelphia mint released 1,006,473 pieces into circulation as Peace dollar. Individuals save such high-relief silver coins currently; you can purchase a used one for $100 to $400.

If you are the kind who would rather buy coppers that have not seen a store, then you will notice that they are very costly in the current world. You will not be able to purchase an MS 60 grade specimen for anything less than $475 and to purchase an MS 63 grade specimen will cost you almost $1,000.

Coins that are ranked at the highest Sheldon scale for peace dollars cost a lot more. For instance, the MS 64 Grade of the coin is priced at $1,300 to $1,650 and for the MS 67 Grade, the coin is a rare one and goes for $96,000 to $135,000.

1921 No Mint mark Peace dollar proof Value

It is estimated that the mint in Philadelphia produced circa 15 specimens of the given type with a satin-like surface in 1921. The least valuable of them is estimated to be worth $48; 000 – $55, 200 (PR 63) while the most valuable one is estimated to be worth $160; 000 – $184,000 (PR 66).

Indeed locating the value of coins is really challenging to determine. If you are not sure, how much is the 1921 dollar worth, try visiting the webpage today of the Coin Value Lookup. This web site was created by a group of coin collectors who wanted to assist people in determining the value of their coins.

Features of the 1921 Peace Silver Dollars

Of the two circulated silver dollars in 1921, both are trade money. The Morgan dollar was designed by mining engineer numismatist George T. Morgan however the Peace dollar took the appearance it has from sculptor and artist Anthony de Francisci.

1921 Morgan dollar obverse and reverse

On the front façade of this type of coin, there is a component of Lady Liberty and there is inscribed LIBERTY on the cap. On the back there are 13 stars, the date and the Latin motto.

On the back there is an Eagle and on its two talons an olive branch while on the other two is an arrow. They have a wreath above them with the state name, name of the denomination, and the required Americanism slogan inscribed on it.

1921 Peace dollar obverse and reverse

On the head of this kind of coinage, there is an image of the goddess of Liberty wearing a head-gear such as ‘LIBERTY,’ the date ‘2016’, the initials of the designer and the words ‘IN GOD WE TRVST.’

On the back of the coin, there is an American eagle perched on a rock, the word PEACE, and the usual font for this type of coin. THE UNITED STATES OF AMERICA and E PLURIBUS UNUM can be read there.

Other features of both silver dollar types

Both of the 1921 dollars are round and made of 90% silver. They weighed 26.73 grams, or 0.8594 troy ounces, all together, with 24.50 g of silver making up 0.77344 troy ounces. The coins were 0.09449 inches thick, which is 2.40 mm on the metric scale, and 1.50 inches across, which is 38.10 mm.

1921 Silver Dollar Errors

There was a big mistake on the 1921 Peace dollars (Line through L). A very rare coin was bought for $5,160. Morgan silver dollars made this year, on the other hand, had a lot of different VAM die types and some mistakes, like an Off-center or Missing R.

1921 Silver Dollar Grading

If you want to get the right grade for the Peace and Morgan dollars that were made in 1921, you need to send them to the right company. Exact evaluation is the only way to make sure that deals bring in a lot of money, especially for rare items.

Which 1921 silver dollars are worth a lot of money?

1921 Morgan dollars

• 1921 PR67 dollar (Chapman) – $240,000 (2022)
• 1921 S SP65 dollar (Zerbe) – $117,500 (2013)
• 1921 PR64 dollar (Chapman, CAM) – $72,000 (2021)
• 1921 SP67 dollar (Zerbe) – $64,625 (2017)
• 1921 D MS67 dollar – $44,063 (2013)
• 1921 MS64 dollar (DMPL) – $23,500 (2023)
• 1921 MS67 dollar – $19,975 (2015)
• 1921 S MS67 dollar – $19,200 (2018)
• 1921 S MS64 dollar (DMPL) – $15,525 (2005)
• 1921 D MS65 dollar (DMPL) – $12,650 (2001)
• 1921 S MS65 PL dollar – $12,650 (2012)
• 1921 MS66 dollar (PL) – $6,600 (2019)
• 1921 D MS64 dollar (PL) – $5,280 (2021)
• 1921 D SP64 dollar (engraved, the first 100 coined) – $95 (2022)

1921 Peace dollars

• 1921 PR66 dollar (satin finish) – $150,000 (2023)
• 1921 MS67 dollar (high relief) – $132,000 (2018)
• 1921 PR64 dollar (antique finish) – $129,250 (2014)
• 1921 MS66 dollar (reverse field break) – $32,000 (2021)
• 1921 MS66 dollar (polishing lines) – $20,500 (2022)
• 1921 MS66 dollar (polishing lines) – $19,200 (2019)
• 1921 MS66 dollar (line thru L) – $5,160 (2020)

What are the priciest Peace and Morgan silver dollars?

A 1922 Peace dollar in MS 67 grade that sold for $458,250 in 2014 is the most valuable one. The most valuable Morgan dollar ever was made in Carlson City in 1889 and was graded MS 68. It sold for $881,250 in 2013.

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