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Learn about the 1921 Morgan Silver Dollar value in this guide from Benzinga. Discover how to assess its worth and find hidden treasures.
The US Mint issued two silver dollar types in 1921 because it was the first minting year for Peace dollars and the last for Morgan dollars. Therefore, you can expect the 1921 silver dollar value ...
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Back then, the melt value of one silver dollar was only worth 70 cents, far cheaper than the valuable Morgan silver dollar, so its seignorage was quite profitable.
Morgan dollars were minted between 1878 and 1904, when their production was curtailed because of a silver shortage. This type of silver dollar was reinstated in 1921, just for one year.
During its 27-year history (1878-1904 and again in 1921), millions of Morgan dollars were minted, the intrinsic value of its 90% silver content effectively guaranteeing its worth.
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