This was another one. I think this one has a bit of verdigris on the reverse, right side wreath top, been there as long as I've had it it's never changed. What do you think on this? I feel like it might have been cleaned but I also suppose it could be circulation. Basically I took it because it was $5.
The Morgan guys will tell you melt I bet...to me it is still a 99 year old silver dollar and deserves some respect.
1921 Morgans trade at lower prices than earlier common-date Morgans, especially when worn, just because there are so doggone many of them. Even so, they still trade well above "melt". You shouldn't have to let a Morgan go for melt unless it's holed or otherwise badly damaged.
I let a whole sack full of Morgans go cheap some years ago and still regret it...when I was a kid, you could go to the bank and get one for $1. I must be an old guy.
Given the fact that well circulated 1921 Morgans are extremely common, melt is a factual value for the coin. It may have collector’s value to you for being 99 years old, but numismatically, it has no monetary value over melt.
My father must have bought so bought some 1921 Morgans, because they were in a small white circular container. They look BU, but what do I know. Anyway, I put them in a slab to protect them. He also had a 1921 D and S. I don't know how rare those are. My favorite is my "Wild West Morgans" 1882CC, 1883CC, & 1884CC. All coins are NGC rated MS65. I'm not sure their value, but they are pretty.
I am not into the coin collecting for the $ and cents, I am here for the love of it. Sure, people can quote me prices and esoteric details, still I remain a romantic and love what I love. Maybe I pay "too much" for a certain coin? So what? I have a ton of neat coins and I love them all. You can be "right" and enjoy that, and I will still have my coins here in my grubby hands.
Morgans are an American icon I would never even consider selling or melting a single one. I will enjoy them and let my hiers do what they wish. I can only hope they will carry on the tradition but it certainly will not matter to me any longer. Oh well, what goes around comes around!
A '21 Morgan is very common and even though it's 99 years old, it's only worth melt. I see Morgan's in fine condition. An F-12 or F-15 is always priced at spot pricing. Walk into any coin shop and ask to see cull Morgans. You'll find 1921's regardless of the mintmark.
Yes, I remember. Any day the bank was open you could trade dollar for dollar for any Morgan or Peace dollar. They always had some. I was able to keep most of mine and/or trade them with my friends at our swap meets.
In my opinion, this is a great coin. Good eye appeal. I like early coins that looked like they worked for a living.
She has been around the block a few times, and in many pockets. She's worked hard and earned her keep. I say, put her in a flip or capsule and save her. Can only hope we can all look that good after 99 years of experience.
Not bad - the value of your coin has increased 380% in the past decade, thanks to the recent spike in the silver spot price - the stock market (S&P 500) has grown in composite share price by 'only' 300% during the same time.