A specific iteration of a widely collected United States coin, this piece was minted in 1921. It represents the final year of original Morgan dollar production and was struck in significant quantities following a hiatus of over a decade. The coin is composed of 90% silver and 10% copper, adhering to the standard silver dollar composition of that era. An example could be a circulated coin showing moderate wear, or an uncirculated piece retaining its original mint luster.
The importance of this particular date stems from its role as a bridge between the 19th-century silver dollar production and the subsequent Peace dollar. Its high mintage numbers mean it’s generally more accessible and affordable for collectors than some earlier dates. Moreover, it offers a tangible link to a period of economic recovery and the resurgence of silver coinage after the Pittman Act of 1918, which required the melting of millions of silver dollars.