1921 Silver Dollar Value
1921 is a unique year: it is the only date struck as BOTH a Morgan dollar (its final year, in huge numbers) and the first-year Peace dollar. All are 90% silver, so they carry a strong silver melt floor — shown live below.
💰 What's it worth? — live melt calculator
Melt value (silver)
$24.75
$24.75 each · 0.7734 oz silver/coin
Melt = pure metal content × recent spot (silver $32/oz). This is the bullion floor; collectible coins can be worth far more. Melting circulating US coins is illegal — this estimates intrinsic value.
Key facts
- 1921 Morgan dollars are common (over 86 million struck) — value tracks silver in lower grades.
- The 1921 Peace dollar (high relief, first year) is scarcer and more valuable.
- Composition: 90% silver, ≈0.7734 oz per coin.
- A 1921-D Morgan exists (Denver) — the only Denver-minted Morgan dollar.
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