||United States Mint
||.7734 Troy Ounce
The 1921 Morgan Dollars were an essential tool for the Allies winning WWI. During 1918 the British government had run into a silver shortage which could have led to revolts in their territories. To fill this gap the US aided the British with the passage of the Pittman Act, which forced the US Mint to buy silver at $1 an ounce after the war. This was to replace the 270 million silver dollars melted in aid of the British. Shortly after the war in 1920 the price of silver crashed as low as 53¢ an ounce and the US Mint was still required to buy at $1 an ounce. To make use of all this silver Mint Director George T Morgan recreated his famous dollar design, however this go around there was no intention to create beautiful coins. Nearly 91 million Morgan Dollar coins were produced in 1921, however some estimate 85% of the original mintage has been melted and repurposed over the years.
Each coin contains .7734 oz of silver.
Individual coins come in protective flips.
Multiples of 20 are shipped in plastic tubes.
||Available As Early As 04/18/2021