While its Philadelphia and San Francisco counterparts are notoriously difficult to locate with anything other than ugly unattractive toning, the Denver issue of 1921 can be found nicely toned with suitable patience. Dealer Andy Kimmel reports that he has even seen banded rainbow bag toned '21-D Morgans, although none has been seen in the marketplace for many years. This coin has particularly nice pink and green colors, such as are occasionally found on toned Morgans, combined with very nice surfaces. As most collectors know, all the issues of 1921 generally come heavily abraded and bag-marked, so a technically clean piece is always a pleasure. From our friends at David Lawrence Rare Coins.
Jaime Hernandez: 1921 is the last year in which the Mint struck Morgan Silver Dollars. The coins were struck from the large and famous Nevada Silver discovery, the Comstock Lode.
The 1921-D Morgan Dollar is also the only Morgan Silver Dollar that was struck at the Denver Mint. Despite being the last year of the Morgan Dollar it is also the only year in which you can obtain an example from each three different Mints. Which are the 1921 Philadephia, Denver and San Francisco Morgan Dollars.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1921-D Morgan Dollars for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."
Heritage 4/2013:4382, $44,062.50
Mike Gilley - Arno Collection - Heritage 1/2009:5073 - Gold River Collection (PCGS Set Registry)