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Collectible U.S.A. Coin's 1921 Morgan Silver Dollar! This 1898 Silver and was revived for one more year in 1921. As one of the most popular silver coins minted by the U.S., it is a must-have for your silver collection!This Silver Dollar is part of the series known as Morgan dollars. They were issued from 1878 to 1904, and took their name from the man who designed them, George T. Morgan. They came about as a result of lobbying by the powerful mining industry. The owners of silver mines wanted to ensure a secure market for their wares. They campaigned to require the Mint to purchase any silver presented to it at a set price.  The Bland-Allison Act was the response. Passed in 1878, it obliged the Mint to purchase silver to a value of between $2 million and $4 million a month. All that silver was then to be converted into coins. With so much silver on its hands, the Mint had to produce large quantities of Morgan dollars every year. The 1898 mintage numbered over ten million coins, and by 1918, vast numbers of silver dollars existed. But today, the survival rate is much lower. That’s because 1918 saw another new piece of legislation, the Pittman Act. The Germans had successfully spread panic in India about the British government’s ability to back the paper currency there. The financial strain was threatening to derail the war effort, and the British had called for American help. The Pittman Act authorized silver coins to be melted down, providing silver bullion which would then be sold to the British at a set price. New coins would then be struck using silver from American mines. Around 90 million silver coins are believed to have been melted down as a result of the Act. Despite its high mintage, the 1898 silver dollar was relatively rare for many years. But the Treasury released large quantities of the coins from its vaults in the 1950s and 1960s. And today, the 1898 Morgan dollar is one of the easiest to find in the series. MELT VALUE: $24.82 PLEASE FEEL FREE TO MAKE OFFER I am willing to negotiate a sale price with who ever is interested, you can call me at 503-719-5888 Thank you and good luck Larry Collectible U.S.A. Coin's 1921 Morgan Silver Dollar REG Price $200.00