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1921 One Dollar Coin Value: Morgan vs. Peace Dollars Explained

squirrelz by squirrelz
18/08/2025
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The value of a 1921 one-dollar coin depends on whether it’s a Morgan Silver Dollar or a Peace Dollar, and factors like condition, mint mark, and any errors.

  • Circulated: 1921 Morgan dollars in average circulated condition typically sell for around $30-$50.
  • Uncirculated (Mint State – MS): Uncirculated 1921 Morgan dollars can be worth hundreds to thousands of dollars, depending on their grade (e.g., MS60-MS63: $60-$150; MS65 and higher: $200-$500+). High-grade examples, like an MS67, have sold for as much as $17,500.
  • Errors: Coins with errors like off-center strikes, missing mint marks, or the “thorn head” variety can be significantly more valuable, potentially reaching thousands of dollars.
  • Circulated: 1921 Peace dollars are generally more valuable than their Morgan counterparts, with circulated examples selling for $100 or more.
  • Uncirculated (Mint State – MS): Uncirculated 1921 Peace dollars can be worth hundreds or even thousands of dollars. An MS62 Peace Dollar is valued at around $900, while an MS67 could potentially fetch as high as $67,500.
  • High Relief: The 1921 Peace dollar is known for its high-relief design, which was later flattened in 1922 due to production issues. This makes the 1921 high-relief Peace dollar particularly sought after.

You can sell 1921 silver dollars through various channels, including online silver dealers, coin shops, and pawn shops. Some companies, like reDollar.com, buy Morgan dollars and offer competitive prices, particularly for graded or rare coins.

Important Considerations:

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  • The silver melt value represents the minimum worth of the coin.
  • Coins with high grades (e.g., MS65 and higher) command a significant premium.
  • Mint errors or unique varieties can drastically increase a coin’s rarity and value.
  • Professional coin grading services can provide an accurate assessment of a coin’s condition and help determine its value.
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squirrelz

squirrelz

Seasoned cryptocurrency analyst and expert with 10 years of extensive experience in blockchain technology, digital assets, trading strategies, and market analysis for informed investment decisions

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Comments 4

  1. Donald Z. Brown says:
    6 days ago

    How much is a 1921 $1 coin worth?

    Reply
    • Margaret Zhang PhD says:
      6 days ago

      According to the NGC Price Guide, as of May 2025, a Morgan Dollar from 1921 in circulated condition is worth between $37.50 and $45. However, on the open market 1921 MORGAN Silver Dollars in pristine, uncirculated condition sell for as much as $17500.

      Reply
  2. Mrs. Robert Zhang says:
    6 days ago

    What is a 1921 D silver dollar worth?

    Reply
    • Margaret Fisher says:
      6 days ago

      Good point! 1921 D Morgan Dollar Value
      According to the NGC Price Guide, as of August 2025, a Morgan Dollar from 1921 in circulated condition is worth between $41.50 and $50. However, on the open market 1921 D Silver Dollars in pristine, uncirculated condition sell for as much as $50000.

      Reply

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