1921-P Morgan Silver Dollar BU

1921-P Morgan Silver Dollar BU
1921-P Morgan Silver Dollar BU 1921-P Morgan Silver Dollar BU 1921-P Morgan Silver Dollar BU 1921 Morgan Silver Dollar Coin
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Item #
221992
  • Quantity Credit Card Wire
  • 1+ $45.00 $43.67
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Own an American Legend

Still dazzling after 89 years, these 1921 Morgan Silver Dollars in Brilliant Uncirculated (BU)condition are the last of their kind. Struck at the “Mother Mint” in Philadelphia, last year of issue Morgan Silver Dollars are the cornerstone of any American coin collection.

Congress passed the Bland-Allison Act in 1878 and U.S. Mints in Carson City, Philadelphia, New Orleans and San Francisco began striking Morgan Silver Dollars, named for its designer, George T. Morgan, using silver from the famous Comstock Lode.

Demand for the heavy silver dollars dried up in 1893 as Americans preferred carrying paper money instead. Mint bags stuffed with Morgan Silver Dollars began piling up in storage. The U.S. Mint finally ceased minting them in 1904 when the Comstock Lode was finally exhausted.

In 1918, Congress passed the Pittman Act to replenish the government's reserves of silver bullion by melting millions of Morgan Silver Dollars in the Treasury vaults. More the 270 million Morgans were melted, almost half the entire mintage from 1879 to 1904.

The Pittman Act also required the government to purchase more silver to replace the melted coins. So the Morgan Silver Dollar was brought back for a single year, 1921.

Year of Issue 1921
Country United States
Composition Silver
Condition
Uncirculated
A state of preservation used to describe coins that never circulated in the channels of commerce, i.e. a coin without any wear from circulation.
Grade
BU
Brilliant Uncirculated (BU) coins are freshly minted coins that have seen absolutely no general circulation. These coins are either produced specifically for collectors or have been gathered and preserved immediately after production. These coins have tremendous mint luster that give distinct definition to every detail along with luminescent fields.
Currency Type Dollar
Mint Name
Philadelphia - P
From its humble beginnings on Seventh Street through four different locations, the United States Mint's "Mother Mint" at 151 North Independence Mall East in Philadelphia is the largest of its kind in the world. The Philadelphia Mint is home to die production for all U.S. coinage, as well as facilities that produce a daily average of 30 million coins worth about $1 million.
Coin Weight 26.73 Grams - g
Weight 1 Ounce - oz
Dimensions 38.1mm
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