1921 Morgan Dollars

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 intersting item to note about the 1921 silver morgan 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

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Morgan Dollar Information

Are error coins valuable?

Are error coins valuable? YES! Again, depending on scarcity, Morgan Dollar error coins can be extremely expensive and highly collectible. Off-center strikes, can price a coin in the $500 to $4000 range easily, but that amount will depend from dealer to dealer. "Cuds" and cracks were portion of the design is physically missing from the coin can sell for around a $100. Blank planchets with flat or raised edges can sometimes fetch $400 or more. Clipped planchets (where blanks are cut improperly) can start at $45 and go anywhere upwards.


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