1921 Morgan dollars unless they have an exceptional strike and are virtually perfect generally sell for about their silver melt value, about $25 at current melt value.
7-4-11>>> Of all the Morgan dollars the 1921 coins are the highest mintage most common. Values for circulated coins are $35.00-$41.00.
The U.S. does not have a "M" mintmark. Look at the coin again and post new question.
If it has a mintmark it's on the reverse just above the letters DO in DOLLAR.
The mint mark position on all Morgan silver dollars is located between the wreath and the DO in DOLLAR. No mint mark = Philadelphia S = San Francisco O = New Orleans (up to 1904) CC = Carson City (up to 1893) D = Denver (1921 only)
The U.S. has never used an M mint mark. You're looking at the monogram of the designer, G. T. Morgan - the reason these are normally called Morgan dollars. See the Related Question for more information.
If you know it's a 1921 "S" Morgan you found the mint mark
It's a 1921 MORGAN and in circulated condition is valued at $14.00-$19.00
7-4-11>>> Of all the Morgan dollars the 1921 coins are the highest mintage most common. Values for circulated coins are $35.00-$41.00.
The U.S. does not have a "M" mintmark. Look at the coin again and post new question.
If it has a mintmark it's on the reverse just above the letters DO in DOLLAR.
I think you have your types reversed. Morgan dollars (named for their designer George T. Morgan) were minted from 1878 to 1904 and in 1921, while Peace dollars were made from 1921 to 1935. Please see the Related Questions for more information.
The mint mark position on all Morgan silver dollars is located between the wreath and the DO in DOLLAR. No mint mark = Philadelphia S = San Francisco O = New Orleans (up to 1904) CC = Carson City (up to 1893) D = Denver (1921 only)
The 1921 Morgan is the most common of all and regardless of mint mark, circulated coins sell for $14.00-$25.00 Mint state coins sell between $30.00-$40.00 and as all ways value depends on the grade.
The U.S. has never used an M mint mark. You're looking at the monogram of the designer, G. T. Morgan - the reason these are normally called Morgan dollars. See the Related Question for more information.
There are Morgan dollars and there are Peace dollars from 1921, and they're not the same. Morgan dollars have the familiar head of Miss Liberty and an eagle with outstretched wings on the back. These are worth about $15 in average condition, as of 07/2008. Peace dollars have an eagle with folded wings and the word PEACE on the back. These coins with a 1921 date are much scarcer than Morgans and sell for $85 to $150.
The mint mark (if it has one) on all Morgan (1878-1904 & 1921) silver dollars is on the reverse of the coin, just above the letters "DO" in dollar.
5-23-11>> This date is the most common of the Morgan silver dollars. The D is the mintmark from the Denver Mint. In circulated condition value runs from $38.00 to $44.00. Uncirculated coins have retail values of only about $48.00 to $55.00.