The 1921 Morgan Silver Dollar is a highly sought-after coin among collectors and investors alike. Here’s a detailed description of the coin with the NGC BU (Brilliant Uncirculated) grade and the G.T. Morgan label:
Date and Mint Mark:
- The coin was minted in 1921, the final year of production for the Morgan Silver Dollar.
- The mint mark, if present, would be located on the reverse (back) side of the coin, above the “DO” in “DOLLAR.” However, 1921 Morgan Dollars from the Philadelphia Mint (without a mint mark) are common.
NGC BU Grade:
- The coin has been graded as Brilliant Uncirculated (BU) by the Numismatic Guaranty Corporation (NGC). This grade indicates that the coin has never been circulated and retains its original luster and detail.
G.T. Morgan Label:
- The G.T. Morgan label signifies that the coin has been encapsulated and graded by NGC and is accompanied by a label featuring the name of the designer, George T. Morgan. Morgan was the talented artist responsible for creating the iconic design of the Morgan Silver Dollar, which features Lady Liberty on the obverse (front) and an eagle with outstretched wings on the reverse.
Design:
- The obverse of the coin features a left-facing portrait of Lady Liberty, wearing a Phrygian cap, symbolizing freedom and liberty. The word “LIBERTY” is inscribed above her head, while the year of mintage, “1921,” is displayed below.
- The reverse features an eagle with outstretched wings, clutching arrows and an olive branch in its talons, symbolizing strength and peace, respectively. The eagle is surrounded by a wreath, and the words “UNITED STATES OF AMERICA” and “ONE DOLLAR” are inscribed.
Silver Content:
- The coin contains 90% silver and 10% copper, with a total silver weight of 0.77344 troy ounces.
Historical Significance:
- The 1921 Morgan Silver Dollar holds historical significance as the final year of issue for the series, which began in 1878. It represents the end of an era in American coinage history.
Collector and Investment Appeal:
- Morgan Silver Dollars are highly collectible and are often sought after by both numismatists and investors due to their historical significance, iconic design, and intrinsic silver value.
Availability:
- While 1921 Morgan Silver Dollars are relatively common compared to earlier dates, high-quality examples graded as BU by reputable grading services like NGC can command premiums among collectors and investors.
The 1921 Morgan Silver Dollar NGC BU with G.T. Morgan Label is a prized addition to any collection, offering both historical significance and numismatic appeal.
