1. Circulated: A well-circulated 1921 Morgan Silver Dollar in Good (G) condition can be worth around $25 to $45.
2. Fine: A 1921 Morgan Silver Dollar in Fine (F) condition, showing moderate wear but still retaining some details, can be valued between $45 and $65.
3. Very Fine: A coin graded as Very Fine (VF) displays light wear and good overall detail, and can fetch prices ranging from $65 to $90.
4. Extremely Fine (XF): Coins in Extremely Fine condition exhibit minimal wear with sharp details and good eye appeal. These can command values between $90 and $125.
5. Uncirculated: Uncirculated 1921 Morgan Silver Dollars that have never been in circulation and retain their original mint luster can be significantly more valuable. Depending on the specific grade, they can be worth anywhere from $125 to several hundred dollars.
6. Mint Mark: The mint mark of a 1921 Morgan Silver Dollar can also affect its value. Coins with the "D" mint mark (indicating the Denver mint) are considered rarer than those minted in Philadelphia and can carry a slight premium.
7. Rarity: Some 1921 Morgan Silver Dollars may have specialized characteristics that make them rarer and more sought after by collectors. These include coins with die varieties, errors, or unique mint marks, which can significantly increase their value.
Remember, the actual value of a 1921 Morgan Silver Dollar can be determined by a professional coin dealer or grader based on its specific condition and characteristics. It's always advisable to have your coin evaluated by an expert to get an accurate assessment of its worth.