- Condition: The condition of a coin is determined by its wear and tear. The most common grading system for coins is the Sheldon scale, which assigns a numerical grade from 1 to 70, with 70 being the highest grade possible. A 1921 silver dollar in mint condition (grade 70) can be worth several thousand dollars.
- Mint Mark: The mint mark on a coin indicates the mint where it was produced. In 1921, silver dollars were minted at three different mints:
>1) Philadelphia (no mint mark)
>> - A 1921 silver dollar with no mint mark was minted in Philadelphia and can be worth anywhere from $20 to $30 in fine condition.
>2) Denver (D)
>> - A 1921-D silver dollar was minted in Denver and can be worth anywhere from $25 to $35 in fine condition.
>3) San Francisco (S)
->> A 1921-S silver dollar was minted in San Francisco and is the rarest of the three 1921 silver dollars. It can be worth anywhere from $40 to $50 in fine condition.
In addition to the condition and mint mark, the rarity of a 1921 silver dollar can also affect its value. The 1921-S silver dollar is the rarest of the three 1921 silver dollars, and is therefore worth more than the other two.