n 1918, the Pittman Act was passed. It called for the melting of up to
350 million silver dollars in order to sell the silver to Britain to
keep their currency afloat during the first World War. In total,
270,232,722 silver dollars were melted.
A key piece of the Pittman Act called for the replacement of all coins
melted with new silver dollars. This was the reason that the Morgan
dollar was resurrected in 1921. Unfortunately, the Mint had already
destroyed the hubs for the Morgan dollar years earlier. Therefore,
Morgan had to recreate entirely new master dies for the 1921 issue. This
is why the 1921 Morgan dollars look very different from the earlier
issues.
Almost 21.7 million Morgans were struck in San Francisco this year, the
most silver dollars ever struck in a year in San Francisco.
The coins are very common today, but fully struck examples with good
luster can be hard to locate. The coins are available in gem, but do
bring a large premium to lesser quality coins.Don't miss out on the chance to own this beautiful coin! From San Francisco over 100 years ago. Own a piece of history. Thanks for viewing.