1921 Morgan Dollar

Discussion in 'What's it Worth' started by Alicia728, Jul 12, 2019 at 3:41 AM.

  1. Alicia728

    Alicia728 Member

    Curious again. The mint mark looks like a D so that means Denver's mint? I'm having trouble grading it tho. VF? In which case around $40.
     

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    Last edited: Jul 12, 2019 at 3:59 AM
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  3. coloradobryan

    coloradobryan Well-Known Member

    Worn 21 morgans are usually around 20 dollars at my local coin shop.
     
    George McClellan likes this.
  4. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Please make sure to photograph your coins straight on, not at an angle

    upload_2019-7-12_6-44-40.png

    Good using a neutral background!
     
  5. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Denounce or not to debounce
     
    Last edited: Jul 12, 2019 at 8:43 AM
  6. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    that is the questipn
     
    Last edited: Jul 12, 2019 at 8:44 AM
  7. cpm9ball

    cpm9ball Cannot Re-Member

    Not once!:stop: Not twice!:stop: But, three times!:stop: I'm not sure that I understood what you said.:facepalm: Could you repeat that, please?:banghead:

    Chris;)
     
  8. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    H o w a b o u t I s a y i t s l o w l y f o r t h o s e w h o a r e d i f f e r e n t l a b l e d. ? ? ? ? ?
     
  9. LA_Geezer

    LA_Geezer Well-Known Member

  10. Burton Strauss III

    Burton Strauss III Supporter! Supporter

    Anyway, we've had our fun and @LA_Geezer has brought us back to the original question.


    There are many ways to approximate the value of a coin...

    For common (almost commodity) items, eBay sold (not just listed) prices are a good indicator. So for an uncertified '21 Morgan: https://www.ebay.com/b/Philadelphia...1921/39464/bn_113374049?rt=nc&LH_Sold=1&rt=nc

    You'll see a lot of sales for nicer coins in the $15 - $20 range.

    There are prices guides, but you need to understand their bias and what they mean. Both PCGS and NGC publish them, but they are only valid for the associated plastic (if that even) and they seem to be a little proud of their holder.

    For example: https://www.ngccoin.com/coin-explor...8-1921-pscid-49/1921-morgan-1-ms-coinid-17296 where they have a VG for $22... back to fleaBay? No comparable sales.


    There are also online price guides. This one https://www.greysheet.com/coin-prices/item?entryid=7600 is from the people who publish the wholesale greysheet. It's a retail guide, i.e. what you would expect to pay in a decent but not upscale coin shop. Says $23. That too seems a little high, since BU coins are selling on eBay for less.


    So, you have to take all the price guides with a grain of salt, but at least you know you are in the neighborhood of $20 not $200.
     
    George McClellan and LA_Geezer like this.
  11. LA_Geezer

    LA_Geezer Well-Known Member

    Thanks for all of this. This coin reminded me of a problematic '21 Morgan I have. I've posted its obverse with a question at this new thread, and would appreciate your thoughts:

    https://www.cointalk.com/threads/how-would-you-describe-the-damage-done-to-this-morgan.342507/
     
  12. Coin buyer

    Coin buyer New Member

  13. LA_Geezer

    LA_Geezer Well-Known Member

     
    Last edited: Jul 12, 2019 at 10:50 AM
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  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    1921 Morgan's are very common. Yours would be in the $19.00-$20.00 range.
     
  15. Legomaster1

    Legomaster1 Cointalk Patron

    I agree- $20.
    It wouldn’t be worth $40, even in better condition.
     
  16. Spark1951

    Spark1951 Accomplishment, not activity

    @Alicia728 ...if you are up to the challege, go to VAMWorld...they have 225 VAMs listed for 1921-D Morgans alone.

    Your VF grade seems good, but if you want to learn how to grade Morgans go here:

    It is a post here on CoinTalk from 23 June 2010 by @tmoneyeagles . Search CT for

    "Exhibit - Grading the Morgan Dollar". You will find the post illuminating, helpful and inspiring.

    Good luck and let us know what you find...Spark
     
    LA_Geezer likes this.
  17. chascat

    chascat Well-Known Member

    $18 at my local shop.
     
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