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The 2021 Morgan Silver Dollar with CC Privy Mark First Day of Issue MS70 John Mercanti Signature NGC is a stunning modern commemorative coin that honors the legacy of one of America’s most iconic silver dollars. Issued to celebrate the 100th anniversary of the final Morgan Dollar struck in 1921, this coin revives the historic design of George T. Morgan while incorporating a special Carson City (CC) privy mark. The First Day of Issue designation and the signature of John Mercanti, the 12th Chief Engraver of the United States Mint, add significant numismatic appeal, making this a prized collectible among Morgan Dollar enthusiasts and modern coin collectors alike.
The Morgan Silver Dollar was first introduced in 1878 as a direct result of the Bland-Allison Act, which mandated the purchase and coining of large quantities of domestically mined silver. Designed by George T. Morgan, the coin quickly became a staple of American commerce and is now regarded as one of the most beloved coin series in U.S. history. Morgan Dollars were struck at multiple U.S. Mint facilities, including the Carson City Mint, which operated from 1870 to 1893. Coins bearing the "CC" mintmark have long been sought after due to their low mintages and historical significance. The 2021 Morgan Silver Dollar pays tribute to this legacy by featuring a CC privy mark, connecting it to the legendary Carson City issues of the late 19th century.
The obverse of the 2021 Morgan Silver Dollar showcases George T. Morgan’s timeless portrait of Lady Liberty, a design that has captivated collectors for more than a century. Liberty faces left, adorned with a Phrygian cap, a crown of wheat and cotton, and a headband inscribed with the word “LIBERTY.” Thirteen stars encircle the design, representing the original thirteen colonies, while the motto “E PLURIBUS UNUM” is placed above. The date “2021” appears at the bottom, marking this modern revival of a classic coin. The meticulous engraving ensures that every detail of Liberty’s portrait is preserved with remarkable clarity, enhanced by the coin’s pristine MS70 grade.
The reverse of the coin features the iconic heraldic eagle, another masterpiece of George T. Morgan’s engraving. The eagle spreads its wings majestically, clutching an olive branch in one talon and a bundle of arrows in the other, symbolizing America’s commitment to both peace and strength. A laurel wreath encircles the eagle, while the inscriptions “UNITED STATES OF AMERICA” and “ONE DOLLAR” frame the design. Just above the letters “D” and “O” in “DOLLAR,” the Carson City (CC) privy mark is prominently displayed. This feature serves as a tribute to the Carson City Mint’s legacy, despite the fact that the 2021 issue was struck at the Philadelphia Mint. The fine details of the eagle’s feathers, talons, and wreath are all expertly rendered, making this a faithful and visually stunning reproduction of the classic Morgan Dollar.
The 2021 Morgan Silver Dollar with CC Privy Mark was produced at the Philadelphia Mint, utilizing modern minting technology to create an ultra-precise version of the historic design. The original Carson City Mint closed in 1893, so instead of striking these coins in Nevada, the U.S. Mint chose to honor its legacy with a special privy mark. The Philadelphia Mint, known for producing some of the finest coinage in U.S. history, ensured that each strike captured the sharpness and depth of the original Morgan Dollar. The use of advanced minting techniques results in a level of detail and finish that surpasses even many original Morgan issues.
The mintage of the 2021 Morgan Silver Dollar with CC Privy Mark was strictly limited to 175,000 coins, making it one of the most exclusive modern commemorative issues. Due to the immense popularity of the Morgan Dollar series, the entire mintage sold out rapidly upon release, creating strong demand in the secondary market. Collectors highly value low-mintage modern issues, especially those that pay homage to classic designs. The First Day of Issue designation further enhances this coin’s collectibility, as it signifies that the coin was received for grading immediately upon release, ensuring its authenticity as one of the first struck.
The 2021 Morgan Silver Dollar is composed of .999 fine silver, an improvement over the original 90% silver and 10% copper composition used in 19th and early 20th-century Morgan Dollars. This higher purity standard aligns with modern bullion coinage, making it more appealing to both collectors and investors. The coin weighs 26.73 grams and measures 38.1 millimeters in diameter, maintaining the traditional specifications of the Morgan Dollar. This ensures that the modern issue remains true to the dimensions and feel of its historic counterparts while offering a higher silver content.
A Certified 2021 Morgan Silver Dollar with CC Privy Mark in MS70 condition, as graded by NGC, represents the highest level of numismatic perfection. The MS70 grade signifies that the coin has no post-production imperfections visible under magnification. This pristine condition is highly desirable among collectors, as it ensures the coin’s maximum visual appeal and long-term value. Additionally, the First Day of Issue designation means the coin was among the very first to be certified, adding another layer of exclusivity to an already scarce issue.
The obverse of an MS70 example should feature flawless surfaces with razor-sharp details in Lady Liberty’s portrait. Every strand of her hair, the intricate Phrygian cap, and the surrounding stars should be perfectly struck. The proof-like fields should exhibit full, original mint luster with no signs of handling or wear. The inscriptions should be bold and well-defined, contributing to the coin’s overall eye appeal.
The reverse of an MS70 specimen should be equally pristine, with the heraldic eagle’s feathers, wings, and talons fully detailed. The laurel wreath and inscriptions should remain crisp, and the Carson City privy mark should be clearly struck without any weakness. The frosted devices should contrast beautifully against the deeply mirrored fields, creating an ultra-cameo effect that enhances the coin’s visual impact.
The inclusion of John Mercanti’s signature on the NGC certification label adds a significant numismatic pedigree to this already exceptional coin. As the 12th Chief Engraver of the U.S. Mint, John Mercanti is one of the most influential coin designers in American history. He is best known for creating the reverse design of the American Silver Eagle, making his association with the 2021 Morgan Silver Dollar even more meaningful. His signature on the label elevates the coin’s desirability, as collectors highly value coins associated with legendary numismatic figures.
The 2021 Morgan Silver Dollar with CC Privy Mark First Day of Issue MS70 John Mercanti Signature NGC is an extraordinary numismatic treasure that appeals to a wide range of collectors. Whether viewed as a tribute to the historic Carson City Morgan Dollars, a modern masterpiece of minting technology, or a valuable silver asset, this coin stands out as a must-have. The combination of perfect condition, limited mintage, a prestigious signature, and historical significance ensures that it will remain highly sought after for years to come.
For those looking to acquire this exceptional coin, reputable numismatic dealers, online auction platforms, and certified coin retailers provide the best purchasing opportunities. Buyers should seek coins encapsulated in their original NGC holders with the John Mercanti signature label, ensuring authenticity and grade verification. Given the rapid sellout and continued demand, this coin is expected to maintain strong market value, making it a solid addition to any collection or investment portfolio.
The Certified 2021 Morgan Silver Dollar with CC Privy Mark First Day of Issue MS70 John Mercanti Signature NGC is a remarkable fusion of history and modern numismatics. By reviving the classic Morgan Dollar design with advanced minting technology, the U.S. Mint has created a coin that honors the past while meeting the highest standards of contemporary coin production. Whether acquired for its flawless condition, historical tribute, or investment potential, this coin remains an enduring symbol of American numismatic excellence.