The 1922 Peace dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Peace Dollar
Year: 1922
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $22.83
The US minted the 1922 silver dollar with no mint mark and also the 1922 D silver dollar and 1922 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin, below the word "ONE".
The 1922 silver dollar with no mint mark has two different varieties. There is the high relief variety and the normal relief variety. Originally these Peace dollars were struck in high relief, which means that the images stand out more and they are more detailed. There were 35,401 high relief silver dollars minted in 1922, and most of them were melted down. The ones that survived are very valuable. During 1922 the design changed to normal relief.
| Series | Location | Quantity Minted |
|---|---|---|
| 1922 Normal Relief | Philadelphia | 51,737,000 |
| 1922 High Relief | Philadelphia | 35,401 |
| 1922 D | Denver | 15,063,000 |
| 1922 S | San Francisco | 17,475,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $22.83. This melt value is calculated from the current silver spot price of $29.52 per ounce.
The normal relief 1922 silver dollar with no mint mark is worth around $35 in very fine condition. In extremely fine condition the value is around $40. In uncirculated condition the price is around $45 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $125.
The high relief 1922 silver dollar with no mint mark is very rare. Matte Finish proof coins will each sell for around $250,000 with a PR 65 grade.
The 1922 D silver dollar is worth around $35 in very fine condition. In extremely fine condition the value is around $40. In uncirculated condition the price is around $60 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $575.
Lastly the 1922 S silver dollar is worth around $35 in very fine condition. In extremely fine condition the value is around $40. In uncirculated condition the price is around $65 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,350.
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Grading System
Very fine- Liberty's hair looks quite worn. A few strands of hair around the ear are well defined. A portion of the eagle feathers on top and on the right wing's outside edge are visible.
Extremely fine- The hair lines over Liberty's brow and ear are strong, although slightly worn. Each of the eagle feathers on top and on the right wing's outside edge are visible but faint.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
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