1921 P-Mint MS65 ICG Morgan Silver Dollar "Final Year of Issue"

The Morgan Silver Dollar is named after its designer George T. Morgan who was an engraver with the United States Mint in Philadelphia. The obverse portrays Lady Liberty wearing a slave's cap (an ancient symbol of freedom) with the word Liberty inscribed on a ribbon.

The reverse features an American eagle holding both the olive branch of peace and arrows of war.

This is the largest silver coin ever made for circulation: it is almost 1-1/2 inches in diameter and it contains over 3/4 ounce of pure silver. The overall silver purity is the standard .900 pure. The reason it is so big is that by law it had to contain exactly one dollar's worth of silver (the price of silver was fixed at $1.29 an ounce during the era of the Morgan Silver Dollar).

Due to the massive amounts of silver in each coin more than 50% of all Morgan Silver Dollars were melted by the U.S. Government in the 1920's to help pay for World War I; millions more were melted for World War II; more were privately melted in the 1980's when silver reached $50 an ounce; and millions were destroyed or worn out in circulation between 1878 and the 1920's.
As a result just a fraction of all coins remain today - and just a fraction of those coins are in original Brilliant Uncirculated condition.

This is the last year Morgan Dollars were minted.

Coins are graded on a 70-point scale and MS-60 is the standard Brilliant Uncirculated grade - so this coin is five full grades better than a standard Brilliant Uncirculated coin.

The coin is also encapsulated in a tamper-proof holder to protect its condition for the future. This guarantees the coin's authenticity and condition as long as the case remains intact. The grading is done by ICG, an independent third party grading company. The coin grading company has no connection with HSN or with FCM, so it is a totally impartial opinion.