1921 Morgan Silver Dollar
After the Pittman Act, which called for over 270 million coins to be melted back into silver bullion, the Morgan Dollar returned with the 1921 silver dollar. This was the last year Morgan silver dollars were minted. Philadelphia minted 44,690,000, Denver produced 20,345,000 and San Francisco struck 21,695,000 coins for the 1921 silver dollar.
The interesting item to note about the 1921 Morgan Silver Dollar is that politically connected promoter and numismatist Farran Zerbe arranged to have a limited number of proof examples of the re-introduced Morgan dollar struck at both the Philadelphia and San Francisco Mints. These dies used had hairline from insufficient polishing. Next, the influential coin dealer Henry Chapman with his relationship with chief engraver George T. Morgan struck high quality proof, creating a new rarity in the Morgan Silver Dollar world called the Chapman Proof.
1921 Silver Dollar has a circulation strike of 44,690,000 and an estimated 250 proofs. There is a big time gap between the 1904 Silver Dollar and the 1921 Silver Dollar. So all obsolete coin dies were destroyed in 1910 Morgan had to come up with a completely new die.
1921-D Silver Dollar has a circulation strike of 20,345,000 and 0 proofs. This one can be found in all grades.
1921-S Silver Dollar has a circulation strike of 21,695,000 and 1 proof.
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