History & provenance
The last classic Morgan year.
George T. Morgan’s silver dollar was struck from 1878 through 1904, then returned for one final mass-production year in 1921. The design pairs Morgan’s profile of Liberty with an eagle holding arrows and an olive branch, and the original circulating coin is 90 percent silver.
The 1921 issue was made at Philadelphia, Denver, and San Francisco after the Pittman Act required replacement of millions of melted dollars. Its availability makes it a common entry point, but mintmark, strike, surface preservation, and variety still create a deep field for study.
SourceUnited States Mint — Morgan dollar history↗Collector reference only. Dies, finishes, packaging, and production varieties can differ between examples; independently authenticate high-value purchases.



