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HomeBusiness5 Historical Facts About The Silver Morgan Dollar Coin

5 Historical Facts About The Silver Morgan Dollar Coin

If you’re a fan of coins, then you may have heard about the 1921 Silver Morgan dollar coin. This coin is unique because it was minted in 1921 and made almost entirely of silver. It’s also one of the most popular coins in America and has a rich history that collectors love to learn about. This article will discuss five exciting facts about the 1921 silver Morgan dollar coin that you may not have known about before!

1. It Was The Last Year This Type Of Coin Was Minted

1921 was the last year that the Silver Morgan Dollar Coin was minted. This coin is named after its designer, George T. Morgan, and was first minted in 1878. The 1921 coin is especially precious because it is the last year this type of coin was minted.

Over 700 million Silver Morgan dollars were minted between 1878 and 1921, making it one of the most popular coins of its time. Today, the 1921 Silver Morgan dollar coin is a prized possession among collectors.

2. One Of The Most Popular Coins Ever Produced

In 1921, over 84 million Morgan dollars were minted, making it one of the most common coins in circulation at the time. However, the coins were quickly withdrawn from circulation due to their high silver content. As a result, many of the coins were melted down, making them scarce today.

3. Featured In Many Movies And Television Shows

The 1921 Silver Morgan Dollar Coin is also popular because it is featured in many movies and television shows. It was first seen in “The Great Gatsby” and featured in many other films and TV shows. Some of the other movies and TV shows in this coin that have been featured include “Ocean’s Eleven,” “The Godfather,” and “Breaking Bad.”

4. Considered One Of The Most Beautiful Coins Ever Minted

The 1921 Silver Morgan dollar coin is often considered one of the most beautiful minted coins ever. The coin is composed of 90% silver and 10% copper. The obverse (front) of the coin features a portrait of Lady Liberty, while the reverse (back) depicts an eagle in flight. The coin was minted from 1921 to 1935, and its design was based on an earlier silver dollar minted from 1878 to 1904.

5. The Coins Were Nicknamed “Cartwheels.”

The 1921 Silver Morgan Dollar Coin was nicknamed “cartwheel” by cowboys in the Old West because of its design. The coin featured a large, central portrait of Lady Liberty flanked by a wreath on one side and an eagle with wings outstretched on the other. The coin’s diameter is 38.1mm, and its weight is 26.73g.

1921 Silver Morgan Dollar Coin In Closing

The 1921 Silver Morgan Dollar coin is a historic piece of currency. It was the last year that this particular design was minted, and it has become increasingly rare and valuable over time. If you come across one of these coins, be sure to take care of it – it could be worth a lot more in the future!

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