1921 Silver Dollar Value
A worn 1921 Morgan dollar sells for about $54–81: its silver value plus a small collector premium.
Uncirculated ones bring $91–131, and a certified MS65 brings $150–300. The 1921 Peace dollar is worth more: about $175–350 worn.
It's worth more than face value even when worn. Compare it with the table and check for the varieties below before selling.
Value by mint mark
| Coin | Made | Worn | Uncirculated | MS65 |
|---|---|---|---|---|
| 1921-D Morgan | 20,345,000 | $54–81 | $91–131 | $300–550 |
| 1921 Morgan (no mint mark) | 44,690,000 | $54–81 | $91–131 | $150–300 |
| 1921-S Morgan | 21,695,000 | $54–81 | $91–131 | $600–1,000 |
| 1921 Peace (no mint mark) | 1,006,473 | $175–350 | $700–1,300 | $3,800–5,500 |
Worn means a coin with normal wear from circulation. Uncirculated means no wear at all (MS60 to MS63). MS65 is a certified, near-flawless coin. Prices tied to silver update with the live silver price.
Find the mint mark
Morgan silver dollar
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
Peace silver dollar
Back of the coin, lower left, below the word ONE and just above the tip of the eagle's wing. Philadelphia coins have no letter.
What it's made of
- 90% silver, 10% copper, 26.73 grams, 0.77344 troy oz of silver, worth $46.31 today
Varieties and errors to check
Two different dollars
Look for: Liberty with a cap and an eagle on a wreath is a Morgan. Liberty with a spiked crown and an eagle on a rock marked PEACE is a Peace dollar.
1921 Morgans are common; the 1921 Peace dollar (Philadelphia only, high relief) sells for more.
Condition matters
Most Morgan dollars are common; value comes from the mint mark, the year and how much wear the coin has. Carson City (CC) coins sell for more across the board.
Mintage
| Coin | Type | Mintage |
|---|---|---|
| 1921-D Morgan | For circulation | 20,345,000 |
| 1921 Morgan (no mint mark) | For circulation | 44,690,000 |
| 1921-S Morgan | For circulation | 21,695,000 |
| 1921 Peace (no mint mark) | For circulation | 1,006,473 |
Questions
Which 1921 dollar do I have?
If Liberty wears a cap and the eagle sits on a wreath, it's a Morgan dollar. If Liberty wears a spiked crown and the eagle stands on a rock marked PEACE, it's a Peace dollar. The 1921 Peace dollar was made only in Philadelphia.
Is a 1921 dollar silver?
Yes. Every 1921 dollar made for circulation contains 0.77344 troy ounces of silver. Its silver value moves with the silver price; the live figure is shown at the top of this page.
Which 1921 dollar is worth the most?
Among regular coins, the 1921 Peace (no mint mark) is worth the most, about $3,800–5,500 in MS65.
Where is the mint mark on a 1921 dollar?
Back of the coin, below the wreath, above the letters DO in DOLLAR. Philadelphia coins have no letter. CC is Carson City, O is New Orleans, S is San Francisco and D is Denver (1921 only).
Check real sales
Recent sold listings show what coins in your condition actually bring: see sold 1921 dollars on eBay.
More Morgan silver dollars: all years and mintages.
Values checked October 7, 2026 against several public price guides and auction results. How values work.