The Morgan Dollar was minted from 1878 to 1904, and then again in 1921. The 1921 Morgan Dollar is considered to be a key date coin, and it is one of the most valuable of all Morgan Dollars.
The value of a 1921 Lady Liberty silver dollar with no letter can vary depending on its condition and grade. A coin that is in good condition can be worth several hundred dollars. A coin that is in excellent condition can be worth several thousand dollars.
The value of a 1921 Lady Liberty silver dollar with no letter can also be affected by its rarity. This coin is relatively rare, and it is not uncommon for them to sell for premiums over their melt value.