--- title: "1921 Morgan Silver Dollar Value: What Yours Is Worth" description: "The 1921 Morgan dollar is 90% silver and the most common Morgan. Melt value, retail values by grade and mint, and how to check for fakes." canonical: https://dimehound.app/coins/1921-morgan-silver-dollar-value/ author: Mike Moore published: 2026-10-08 modified: 2026-10-08 values_checked: Oct 8, 2026 --- # 1921 Morgan Silver Dollar Value: What Yours Is Worth By Mike Moore. Published Oct 8, 2026. Updated Oct 8, 2026. Canonical page: https://dimehound.app/coins/1921-morgan-silver-dollar-value/ A 1921 Morgan silver dollar holds 0.7734 oz of silver, worth about $45.63 at today's price. Circulated ones retail around $72 to $92, uncirculated around $108, and gem MS65 coins about $304 for Philadelphia, $647 for Denver and $964 for San Francisco. It is the most common Morgan date, and fakes are everywhere. - **Composition:** 90% silver, 10% copper. 26.73 grams. 0.7734 oz of pure silver. - **Mintage:** 44,690,000 Philadelphia, 20,345,000 Denver (D), 21,695,000 San Francisco (S). - **Mint mark:** Back of the coin, below the wreath and above the DO in DOLLAR. No mark means Philadelphia. **Melt value: $45.63.** Based on 0.77344 oz of silver at $59.00 per ounce on Oct 8, 2026. Melt value moves with the silver price every day. ## Value by grade **1921 Morgan dollar retail values by grade** | Grade | 1921 | 1921-D | 1921-S | | --- | --- | --- | --- | | Good (G4) | $72 | $72 | $72 | | Fine (F12) | $81 | $81 | $81 | | Extremely Fine (EF40) | $87 | $87 | $87 | | About Uncirculated (AU50) | $92 | $92 | $92 | | Uncirculated (MS60) | $108 | $108 | $108 | | Gem Uncirculated (MS65) | $304 | $647 | $964 | Retail values from USA Coin Book, which updates the silver portion live. Dealers buying worn coins pay less than retail. Values checked Oct 8, 2026. ## What to look for - Find the mint mark on the back, above the DO in DOLLAR. D and S coins are worth more only in high grades. - Check the weight. A real Morgan weighs 26.73 grams. - Look at the hair above Liberty's ear and her cheek for wear. That is where the grade is decided. ## Fakes and lookalikes - Counterfeit Morgan dollars are extremely common, especially from online marketplaces. Weigh it, check that it does not stick to a magnet, and compare the diameter (38.1 mm). - A fake can have the right weight. If the price is far below melt or the details look soft, walk away or buy certified. ## Find my keepers Dime Hound is a coin scanner for iPhone and Android. Join the waitlist at https://dimehound.app/coins/1921-morgan-silver-dollar-value/#keepers and we'll email you once, the day it launches. ## FAQ ### How much is a 1921 silver dollar worth? About $45.63 in silver at $59.00 an ounce on Oct 8, 2026. Retail is about $72 to $108 for most circulated and low uncirculated coins. ### Is the 1921 Morgan rare? No. It is the most common Morgan date, with over 86 million struck across three mints. ### Is a 1921 Peace dollar the same thing? No. 1921 is also the first year of the Peace dollar, a different design that is scarcer and worth more. ### How do I spot a fake Morgan dollar? Weight (26.73 g), no magnetic pull, sharp details and the right diameter. If in doubt, buy PCGS or NGC certified coins. ## Related coins - [1964 Half Dollar Value: What Your Kennedy Half Is Worth](https://dimehound.app/coins/1964-half-dollar-value/) - [1964 Quarter Value: What Yours Is Worth](https://dimehound.app/coins/1964-quarter-value/) - [1965 to 1970 Kennedy Half Dollar Value: Are They Silver?](https://dimehound.app/coins/kennedy-half-dollar-40-percent-silver/) - [War Nickel Value: Which 1942 to 1945 Nickels Are Silver](https://dimehound.app/coins/war-nickel-value/) - [1964 Dime Value: What Yours Is Worth](https://dimehound.app/coins/1964-dime-value/) ## Sources 1. [USA Coin Book, Morgan dollar values](https://www.usacoinbook.com/coins/dollars/morgan/) 2. [PCGS CoinFacts, 1921 $1 Morgan](https://www.pcgs.com/coinfacts/coin/7296) 3. [Yahoo Finance, silver price Oct 8, 2026 (silver price for melt value)](https://finance.yahoo.com/personal-finance/investing/article/silver-price-today-thursday-october-8-2026-silver-prices-slip-to-august-levels-after-wallers-rising-rates-comments-110829225.html) 4. [Fortune, silver price Oct 8, 2026 (silver price for melt value)](https://fortune.com/article/current-price-of-silver-10-8-2026/) Values are retail estimates or recorded sale prices from the sources above, checked Oct 8, 2026. What a dealer pays you is usually less than retail. Silver spot traded between about $58.70 and $60.40 on Oct 8, 2026. We use $59.00 an ounce for melt math.