I have been a coin collector ever since I was a child. At first I started with pennies, because they were cheap and there were always a bunch laying around. As I grew older I began to collect silver coins, and my favorite was always the Morgan dollar. Maybe because they were so old and had such a detailed design. But they were also a coin used in the Wild West which was a fascinating time in US history.
It's been awhile since I shared a Morgan, so today I felt inspired to do so after 
While this coin isn't in perfect condition, it's still nice. It was minted in the Philadelphia Mint in 1921 which is the last year the coin was minted for circulation as I previously mentioned. That year they produced 44,690,000 of them in Philadelphia alone, making this coin very far being rare. The melt value on the silver today is $34.47 with silver at $44.44 per Troy ounce as of the time of writing up this post.
To a collector is would go for considerably more. The charts say around $60+, but I doubt they are accounting for the recent surge in silver prices. That being said this might go for in excess of $80. It sure looks good for being 104 years old doesn't it? I doubt I'll hold up that well!
This coin is an American icon that still is one of the most collected coins in the United States. Produced from 1878 until 1904, and again briefly in 1921, these coins were common in the Wild West and the southern United States. They could have been spent in saloons, brothels, bet in poker games, and most anything else you could imagine. Holding one in your hand is to hold history, if only they could tell the tales of where they have been! Maybe they were held by legends like Wyatt Earp, Doc Holliday, Billy the Kid, Jesse James...?
George T. Morgan designed the coin inspired by a local school teacher in Philadelphia named Anna Willess Williams. He felt her profile was perfect for the coin and immortalized her in the form of Liberty.
Source
Today the design is once again being used to produce non circulating pure silver coins by the US Mint. Starting in 2021 to commemorate the last year of mintage of the original coin, it was so popular it has become a yearly production available from the mint. It really would be nice if the US would start producing beautiful coins once again and replace the old dead dudes club. The US was founded on Liberty, not hero worship, but that's just my opinion.
That will wrap up my post for this Thursday. I hope you enjoyed the Morgan dollar as much as I do, they really are just about my favorite coin to collect. Please feel free to ask any questions or leave any comments below. As always, I want to thank all of you for all of your support and friendship. It really is deeply appreciated! Have a great day everyone!
References:
https://www.usacoinbook.com/encyclopedia/coin-designers/george-t-morgan/
https://en.wikipedia.org/wiki/Morgan_dollar
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
Pictures are mine unless otherwise stated.
Canva used to create banner in this post.
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