The unprecedented crossover underscores his personal efforts to combat “grade inflation.”
The so-called 1921 Chapman proof Morgan dollars are named for famed coin dealer Henry Chapman, who, it is presumed, ordered these for sale to the numismatic community. Perhaps 30 were made, and many boast stunning surfaces and overall excellent quality, with overall diagnostics that suggest these are true proof strikes and not merely proof-like circulation strikes. Many were mishandled and thus about half grade below PR64. There are a few exceptionally nice survivors grading as high as PR67 and at least one or two known cameos. One example graded PCGS PR67 took $229,125 in a 2018 Legend Rare Coin Auctions sale.
Obverse Description
Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.
Reverse Description
The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.
Catalog Information
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Values
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Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center
The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.




