A while back I dug out the few coins I had of any value and sold them online, I got some good advice then from these forums so I'll start by thanking you all for this great resource! When I told my grandad about selling the coins he generously donated me a few more. I don't think any have particularly great value but among them was this 1921 silver dollar. He mentioned that he bought it when he was in the states in the 1960s for around $5. I'm not sure whether that was a good price at the time but can anyone help me put a value or grade on it now? I'm guessing $20 or so?
Who knows! The buyer might be hoarding silver hoping that it will go higher, but you probably won't get its full melt value anyway. A dealer would probably only pay about $25 for it. Chris
No need to specify a grade with those pictures (they're quite good)... and maybe someone would pay a slight premium for the dark toning.
Because 1921 Morgans are some of the most plentiful and worst struck (to me)... And because that is not pleasing tone (people want the rainbow)... Melt, tops. BUT, the people buying silver from bullion dealers want the shiney stuff. Even though "junk silver" is still silver. They want their bulk/junk to be nice and shiney.
1921's are well struck but the design is slightly different than any other Morgan. The breast feathers are way different and the hair is different. It's like comparing a modern penny to a 1909 on the obverse.
Thanks for your input guys. It's such a nice weighty coin (and less common in the UK of course) I have to admit I'm tempted to keep it. I have the same dilemma with a couple of 1930s British crowns - again worth c. $25 on eBay. However I'm not really a collector, just managed to acquire a few coins as hand-me-downs and have plenty of other interests to occupy my time already! May just have to put sentimentality to one side.
