1921-D Morgan Silver Dollar ANACS AU50 Details

A 1921-D S$1 Morgan Silver Dollar graded ANACS AU50 Details – Cleaned is a coin that has a specific set of characteristics and a distinct valuation in the numismatic market.

The Coin Itself

• 1921-D Morgan Silver Dollar: This coin was minted at the Denver Mint.¹ It holds historical significance as it’s the first and only Morgan Dollar to be minted in Denver.² While the mintage of 20,345,000 is high, making it a very common coin, a certified example is still a desirable piece for collectors.

   

The Grade: ANACS AU50 Details – Cleaned

This is a “problem coin” grade, and it’s important to understand what each part of the designation means:

• ANACS: This refers to the American Numismatic Association Certification Service, one of the oldest third-party grading companies in the United States.³ While reputable, it is generally considered a “second-tier” service compared to industry leaders like PCGS and NGC.⁴ This can affect the coin’s market value.

   

• AU50: This is the “wear” grade. AU stands for About Uncirculated, and the numerical grade 50 indicates that the coin has very little wear on the highest points of the design.⁵ A coin with this grade would have been in circulation for a short period.

   

• Details – Cleaned: This is the most crucial part of the designation. The term “Details” means that the coin has a problem that prevents it from receiving a “straight” numerical grade.⁶ “Cleaned” indicates that the coin’s surfaces have been improperly altered. This could be from a harsh chemical dip, an abrasive cloth, or other methods that leave behind tell-tale signs like a network of fine hairline scratches or an unnatural, washed-out appearance.

   

What This Means for Value

Because the coin has been “cleaned,” its value is significantly reduced compared to a problem-free coin of the same wear grade.

• A coin that is graded AU50 without any issues would have a higher value.
• A coin designated as “cleaned” is typically worth less than its problem-free counterpart. The value is often based on the eye appeal and the severity of the cleaning.⁷

   

• As a general rule, a “details” graded coin is often valued at a grade or two lower than its numerical grade would suggest.⁸

   

• The actual value of an ANACS AU50 Details – Cleaned 1921-D Morgan Dollar would likely be closer to its bullion value or slightly more, depending on the individual coin and its appearance. It is a coin that is typically purchased by collectors who are looking for a more affordable way to acquire a specific date and mint mark for a collection, or for its historical appeal, rather than as an investment.