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Updates:Look on the front of the coin to see if there's a small mint mark letter below the date. It may be blank or there may be an S

Numismedia lists the following approximate retail values as of 03/2010:

No mint mark (Philadelphia):

Very worn condition - $0.26

Moderately worn - $0.63

Slightly worn - $2.01

Almost no wear - $20.15

Uncirculated - $39.60 to $195.00 depending on quality

"S" mint mark (San Francisco):

Very worn condition - $1.73

Moderately worn - $3.45

Slightly worn - $5.18

Almost no wear - $64.12

Uncirculated - $98.40 to $810.00

Answer1921 is not a rare date for Lincoln cents.

Well-worn it's worth about 10 cents.

Lightly worn it's worth about $2.00

A nice uncirculated one is worth about $30.00

If the coin has a small "S" under the date, it's worth a bit more - $1.75 / $5.00 / $65.00
it can be worth 20 cents to 75 dollars depending on grade and mint mark.

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Q: What is the value of a 1921 US cent?
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