1921 United States Of America One Dollar Coin
The 1921 United States of America one dollar coin is one of the most famous dollar coins in the world. The coin was first minted in 1921, and it features the head of Lady Liberty on the obverse side and an eagle on the reverse side. The coin was made of 90% silver and 10% copper, making it a popular collector's item due to its metal content and its historical significance.
History of the 1921 One Dollar Coin
The 1921 one dollar coin was minted after the United States government passed the Pittman Act of 1918. This act authorized the melting and recoining of millions of silver dollars that were held in the United States Treasury. The Pittman Act was implemented to stabilize the price of silver and to provide bullion for Great Britain, which was in dire need of silver for its war effort during World War I.
The United States Mint was tasked with melting down the silver dollars and recoining them into new coins. The new coins were to have a weight of 26.73 grams and a diameter of 38.1 millimeters, the same as the previous silver dollar coins. The new coins were to be made of 90% silver and 10% copper.
Design of the 1921 One Dollar Coin
The design of the 1921 one dollar coin was created by Anthony de Francisci, an Italian-American sculptor. The obverse side of the coin features the head of Lady Liberty facing left. She is wearing a tiara with the word "Liberty" inscribed on it. The date "1921" is located at the bottom of the coin.
The reverse side of the coin features an eagle with its wings spread, clutching an olive branch and arrows in its talons. The eagle is surrounded by the words "United States of America" and "One Dollar."
Value of the 1921 One Dollar Coin
The value of the 1921 one dollar coin depends on several factors, including its condition, rarity, and historical significance. The coin is highly sought after by collectors due to its silver content and its historical significance. A 1921 one dollar coin in good condition can be worth several hundred dollars, while a rare version of the coin can be worth thousands of dollars.
Conclusion
The 1921 United States of America one dollar coin is a fascinating piece of American history. The coin was minted after the United States government passed the Pittman Act of 1918, and it features the head of Lady Liberty on the obverse side and an eagle on the reverse side. Today, the coin is highly sought after by collectors due to its silver content and its historical significance.