The coinage law of 1873 made no provision for the usual silver dollar. All the way through the lapse in coinage of this denomination, the gold dollar became the unit coin, and the trade dollar used to be used for commercial transactions with the Orient.Resumption of coinage of the silver dollar used to be authorized by the Act of February 28, 1878, referred to as the Bland-Allison Act. The weight (412-1/2 grains) and fineness (.900) were to conform with the Act of January 18, 1837.
George T. Morgan, formerly a pupil of William Wyon in the Royal Mint in London, designed the new dollar. His initial M is found at the truncation of the neck, at the last tress. It also appears at the reverse at the left-hand loop of the ribbon. Coinage of the silver dollar used to be suspended after 1904, when demand used to be low and the bullion supply became exhausted. Under provisions of the Pittman Act of 1918, 270,232,722 silver dollars were melted, and later, in 1921, coinage of the silver dollar used to be resumed. The Morgan design, with some slight refinements, used to be employed until the new Peace design used to be adopted later in that year.
Varieties listed are those most significant to collectors. A large number of other variations exist. Values are shown for the commonest pieces. Prices of variations not listed in this guide rely on collector interest and rarity. Sharply struck, prooflike Morgan dollars have highly reflective surfaces and are very scarce, frequently commanding substantial premiums. This piece come in a mint state 63, and are certified by PCGS.
The “Coin Images” is for illustration purposes to represent coin type and an indicator of the quality of the item. All coins graded and encapsulated by PCGS or NGC are guaranteed genuine for its weight, purity, metal content and grade. Actual product may vary in serial number.
1921 Morgan Silver Dollar MS63 PCGS
Condition: MS63 PCGS Certified
Composition: .900 Pure Silver (AG)
Weight: 26.730 grams
Diameter: 38.1 mm Reeded Edge