None (for Philadelphia)
below the center of the wreath on the reverse
Key
to Collecting: The 1921 Morgan dollar is far
and away—by a country mile—more plentiful
than any other coin in the entire series. Many millions
exist in Mint State. However, rinding one with eye appeal
can be a challenge. Made from different hubs with shallow-
relief, 192 1 dollars of all mints are different in
appearance from those of the years 1878 through 1921.
Circulation
Strikes: The nature of die dies is that even
the best 1921 Morgan dollars are apt to be somewhat
shallow. That said, on most there is additional weakness,
due to striking, on the reverse among the lower wreath
leaves. Examples with this feature sharp are in die
minority. The die faces are "plane," not basined,
on all 1921 Morgan dollars from the several mints. Luster
is typically satiny rather than deeply frosty, but quite
a few are grainy or dull.
Prooflike
Coins: Prooflike pieces are seen on occasion,
and have a mirrorlikc quality to the fields, which
arc not completely "plane" but show distortions
in me mirror surface near the lettering and other
features. Such pieces can have a very nice strike
(for a 1921 dollar). Pieces called Zerbe Proofs are
simply circulation strikes with a semi-proof!ike character,
not as nice as on the earlier-noted prooflike pieces,
struck from dies that were slightly polished, but
that retained countless minute striae and preparation
lines. In the view of die writer, Zerbe Proofs have
no basis in numismatic fact or history, although opinions
differ on die subject. It seems highly unlikely that
tnese were produced as Proofs for collectors. If indeed
they were furnished to Farran Zerbe, a leading numismatic
entrepreneur of the era, it is likely that they were
simply regular production pieces. Zerbe had a fine
collection and certainly knew what a brilliant Proof
should look like, and he never would have accepted
such pieces as mirror Proofs.
Mintage and
Distribution: Distribution of the 1921 Morgan
dollars seems to have been more or less continuous
from the 1920s onward. Soon, these became very common
in areas in which dollars circulated, and in bags
of mixed dollars in banks in otner locations. By early
1964. most dollars seen on Nevada gaming tables were
of this date, mostly Philadelphia issues, but many
of Denver and San Francisco as well. Bags of 1921
dollars were a drag on the market, and dealers in
bags often posted buying prices for bulk "except
1921."
1921 "Chapman
Proofs" Proof Mintage: Unknown, estimated
be fewer than 30; Breen (Proof Coin Encyclopedia,
p. 220) positively states 12. Sometimes called Chapman
Proofs today, as Philadelphia dealer Henry Chapman
advertised Proofs as early as spring 1922, a few months
after they were coined. The number of Chapman Proofs
certified, as given below, is surprisingly large.
I have only ever seen a handful in 50 years that I
would call mirrored Chapman Proors.
Key to Collecting
Proofs: Most are nearly of the same highly
polished deep mirror surfaces char¬acteristic
of 19th century Proof Morgan dollars, but sometimes
with slight tinges of graininess near
the rims. Contrast is average.
Die Varieties:
The dies of the early issues have 17 berries on the
right reverse wreath. Later, 16 berries appear on
the right wreath, this also being the style used for
Denver and San Francisco Mint 1921 Morgan dollars.
For the 1921 Philadelphia version, both berry types
are plentiful. Unlike earlier Morgan dollar dies,
those used to coin 1921 dollars of all mints were
not basined. Some varieties of the 1921 Morgan dollars,
all mints, have small raised dots. On the Philadelphia
Mint versions, VAM-8 and 9 each show a raised dot
in the field. It has been suggested that these are
marks from a Rockwell punch used to test the hardness
of the dies. Others have suggested they may have been
gas bubbles in the blank die face before it was impressed
with the hub. The standard edge-reed count is 189
for the 1921 Morgan dollar, but some with the 17-berry
count (e.g., VAA1-2 and 4) have only 157 reeds. VAM-3
is known with the reverse die misaligned 45°.
Click
Here to see 1921 Chapman Silver Dollar
for sale.
Courtesy
Bowers: A Guide Book of Morgan Silver Dollar