1921 D Morgan Dollar. Is It Worth Getting Graded?

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Author	Replies: 8 / Views: 2,569
Rbc2007 New Member United States 3 Posts	Posted 02/20/2011 11:28 am I am totally new to coins. I just turned 21 and my dad gave me this coin. I'm strapped for cash and I know they can be worth from 35-$$$$. Any help would be appreciated. Also I was wondering what the mark on the side of the coin is from? Doesn't seem like every day use could cause that. Also I did some reading kind of understood it...I don't think this is a proof. I think it is one of the with the less accurate dies?, for circulation? http://img407.imageshack.us/i/frontiz.jpg/ http://img841.imageshack.us/i/backwl.jpg/ http://img580.imageshack.us/i/sidec.jpg/ Edited by Rbc2007 02/20/2011 11:33 am Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 02/20/2011 11:35 am Welcome to Coin Community, Rbc2007. What you have there is a garden-variety, somewhat-circulated 1921-D. There are any number of things which could cause the dings on the rim of the coin - silver is a relatively soft metal and easily damaged. I wouldn't expect it to go for much over $20-25 if you were to throw it up on ebay, and as a result it'd never return the cost of grading. Report this Post to the Staff
Americanamafia Pillar of the Community United States 672 Posts	Posted 02/20/2011 11:45 am To me it appears to worth about melt, and not worth grading, going rate would be about $20 at a dealer, perhaps a dollar or two more. Report this Post to the Staff
Rbc2007 New Member United States 3 Posts	Posted 02/20/2011 11:59 am Well I guess I'll just fork the cash to get it graded and maybe in 20 years it'll be worth something? Or is this just a bunk coin Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 02/20/2011 12:03 pm There is really no reason to spend the money on grading. It doesn't justify it now, nor will it in the future. Keep in mind, 1921-D was the single highest mintage of Morgans ever. They'll never be uncommon. Report this Post to the Staff
Rbc2007 New Member United States 3 Posts	Posted 02/20/2011 12:10 pm Cool Report this Post to the Staff
cawthonb New Member United States 11 Posts	Posted 02/20/2011 12:19 pm Worth its weight in silver! 90% that is... Report this Post to the Staff
GoldenEagle Valued Member United States 70 Posts	Posted 02/21/2011 10:11 pm Nonetheless, this Morgan is great collector coin. It's just not an investor grade coin worth getting graded. Report this Post to the Staff
vermontensium Moderator United States 16694 Posts	Posted 02/21/2011 10:18 pm I would not send this coin to a TPG. It is a VERY common Morgan dollar and circulated. The submission fee is almost as much as the coins FMV, as stated, will never be uncommon. I would just hang on to it. It's a special coin that your dad gave you, that's reward enough ;-) swcoin.ecrater.com Report this Post to the Staff
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