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1921-P Morgan Silver Dollar BU
- Quantity Credit Card Wire
- 1+ $49.95 $48.48
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|
|Mint Name||Philadelphia - P|
|Coin Weight||26.73 Grams - g|
|Weight||1 Ounce - oz|