About Morgan Dollar (Ty. 1921) [Type] Morgan Dollars
The 1921 Morgan dollars were struck 17 years after the previous rolled off production lines in 1904, a time when demand for Morgan dollars began shrinking and available reserves of silver bullion became scarce. The 1921 Morgan dollars came about as a result of the Pittman Act of 1918, under which more than 270 million Morgan dollars were melted and later struck with the 1921 date. The return of the Morgan dollar in 1921 was a one-year affair, as the new Peace dollar was to be struck beginning late in the year. On the whole, 1921 Morgan dollars are quite common through the Gem levels, while PLs and DMPLs are much scarcer but available for a price.
|Denom:||$1 / Silver dollar|
|Composition:||90% silver; 10% copper|
|Variety 2:||Type 1921|
|Designer:||George T. Morgan|
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Greysheet/Greensheet prices are wholesale market levels for collectible coins/paper money intended to indicate what a dealer, or wholesale, buyer would pay for the described item in the specified grade. Greysheet/Greensheet represent "sight-seen" values based on a buyer's in-hand review. The actual value can be more or less than this depending on factors including eye appeal and market timing.
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