Circulated coins are generally worth between $28 and $42, while uncirculated coins can be worth anywhere from $52 to $2,591. However, the real prize for collectors are Philadelphia high relief coins, which can be worth up to $137,776 in PR 67 grade.
Peace dollars are some of the most beautiful currencies minted in the United States. Released in 1921, they were designed to commemorate the end of World War I and symbolize the nation’s return to peace. Unfortunately, that hope was short-lived, as World War II broke out just a few years later. Nevertheless, the Peace dollar remains a powerful symbol of the hope for peace.
Collectors of old coins can tell you that 1922 Peace Silver Dollars are a valuable piece to own. Not only do they have historical value, but their worth has increased significantly in recent years. If you’re thinking about adding one to your collection, it’s important to be aware of the current price and value trends.
A Brief History of Peace Silver Dollars
In 1921, the United States Mint released a new silver dollar coin. The Peace Dollar was created to commemorate the end of World War I and the return of peace to the world. The coin featured a design by sculptor Anthony de Francisci, which depicted a young woman with her hair flowing in the wind.
Anthony de Francisci was an Italian-American sculptor and coin designer. He is best known for designing the Peace Dollar, which was minted from 1921 to 1935. De Francisci also designed numerous other coins and medals, including the Founding Fathers Medal and the medal of the American Academy of Arts and Letters.
Although initially unpopular with the general public, the coin eventually gained favor and became a popular keepsake for those who had served in the war. The design of the Peace dollar was inspired by the Roman goddess of peace, and it also featured an eagle perched on an olive branch.
Peace Dollars were minted from 1921 to 1928, and again from 1934 to 1935. Over 84 million coins were minted in 1922, making the Peace dollar mintage the highest in American history. However, the high mintage led to a significant number of coins being stored away and not circulated.
Are 1922 Peace Dollars Rare?
Type |
Mintage |
1922 Philadelphia |
51,737,000 |
1922 Philadelphia High Relief |
35,401 |
1922 Denver |
15,063,000 |
1922 San Francisco |
17,475,000 |
The 1922 Peace Dollar was minted in large quantities and can still be found in circulation today. While it is not the rarest coin, it is still considered somewhat collectible due to its age and history.
The Philadelphia Mint produced the most 1922 Peace Dollars, with a total of 51,737,000 coins. The San Francisco Mint produced 17,475,000 coins, while the Denver Mint produced 15,063,000 coins.
The 1922 Peace Dollar was the first silver dollar minted after the passage of the Pittman Act, which authorized the melting of millions of silver dollars. As a result, many were melted down due to their high silver content. Of those that remain, many are in circulated condition and therefore not especially valuable to collectors.
The Philadelphia mint produced 35,401 High Relief coins, which are especially valuable. Additionally, Low Relief peace dollars were struck in extremely limited quantities, with only a dozen or so pieces known to exist in the two finishes: Satin and Sandblast. Authenticated and in good condition, your coin could be worth thousands of dollars.
1922 Peace Silver Dollar Identification Guide
If you’re a coin collector, then you know the 1922 Peace Silver Dollar is a highly coveted piece. But what makes this coin so special? Let’s take a closer look.
The 1922 Peace Silver Dollar is made of 90% silver and 10% copper. It has a diameter of 38.1 mm and a mass / weight of 26.73 grams. The coin was minted from 1922 to 1935, and only 1,006,473 were made in 1922. That makes it one of the rarest Peace Dollars!
The obverse (front) of the coin features Lady Liberty wearing a crown of rays, with the words “In God We Trust” below her, and “Liberty” above her. The obverse also features a date (1922 in this case) The reverse (back) features an eagle standing on a mountain peak, with the sun rising behind him. The words “United States of America”, “One dollar”, and “E Pluribus Unum” are also included on the reverse.
The mint mark can be found below the word “ONE” and to the left of the eagle’s tail feathers. If the coin does not have a mint mark, that means it was minted in Philadelphia. A coin with a “D” mint mark was minted in Denver, while a coin with an “S” mint mark was minted in San Francisco. The mint mark is a small letter that indicates where the coin was minted and it can be very important for identification purposes.
If you’re lucky enough to own a 1922 Peace Silver Dollar, then you have a truly special coin! Be sure to keep it safe and sound – it’s definitely worth a pretty penny (or two)!
High Relief vs Normal Relief Peace Dollars
The majority of 1922 Peace dollars were produced with the Normal Relief design, as the high relief design caused more wear and tear on the dies. Prior to that, all 1921 Peace dollars were produced with the High Relief design.
The original high relief design produced a higher quality and more beautiful coin, but it was not practical in terms of production. The high relief coins were also more difficult to stack and resulted in more double striking, which caused even more wear on the dies. As a result, the decision was made to switch to the Normal Relief design for the majority of coins.
The US Mint originally produced 35,401 of the 1922 High Relief coins. However, most were melted down by the Mint itself. As a result, only about 10 to 12 High Relief 1922 peace dollars are estimated to exist today. Some believe that the decision to melt down the coins was a mistake, as the coins are now extremely valuable. Others believe that the Mint made the right decision, as the coins were difficult to produce and too easily damaged.
How to Spot a 1922 High Relief Peace Silver Dollar
If you’re ever wondering how to tell the difference between a high relief and a normal coin, just look for the deeper striking of the design elements. On the obverse, you’ll notice that the numbers in the date appear thicker, and the spikes coming off the liberty crown are noticeably thicker.
Next, take a look at the reverse side of the coin. On the high relief version, you’ll notice that the letters are thicker and the portrait of the eagle is more detailed. The rays on the coin are also more pronounced.
High relief coins are truly a work of art, and they make for an interesting addition to any collection.
How Much is a 1922 Peace Silver Dollar Worth?
Condition |
1922 Philadelphia Normal Relief |
1922 Philadelphia High Relief |
1922 Denver |
1922 San Francisco |
Circulated |
$28-$42 |
/ |
$28-$42 |
$28-$42 |
About Uncirculated |
$44 |
/ |
$46 |
$46 |
MS 60 |
$52 |
/ |
$62 |
$62 |
MS 65 |
$174 |
/ |
$650 |
$2,591 |
PR 65 |
$82,493 |
$137,776 |
/ |
/ |
1922 Peace silver dollar price chart
When it comes to 1922 Peace silver dollars, there are a few things you need to take into account in order to determine how much your coin is worth. First, is the condition of your coin. A circulated coin is going to be worth less than an uncirculated coin, with most falling in the range of $28-$42. However, if your coin is in excellent condition and bears a desirable mint mark, it could be worth significantly more.
For example, a Philadelphia coin in MS 60 grade is worth $52, while a Denver or San Francisco coin in the same grade is worth around $62. However, the value jumps significantly for coins in better condition. A Philadelphia coin in MS 65 grade is worth around $174, while a Denver coin in MS 65 grade is worth $650 and a San Francisco coin is worth around $2,591.
However, the real prize for collectors are Philadelphia high relief coins, which can be worth up to $137,776 in PR 67 grade. The 1922 Peace Silver Dollar is a highly sought-after coin due to its historic significance and its unique design.
How to Find 1922 Peace Silver Dollar Value
1922 Peace Silver Dollars are beautiful collector’s items, with a rich history and a unique design. But what is their value? If you’re looking to find out how much your 1922 Peace Silver Dollar is worth, the best place to start is by comparing it to similar coins that have recently been sold. For example:
- A circulated 1922 D peace silver dollar sold for $22.55.
- A circulated Philadelphia 1922 peace silver dollar sold for $24.25.
- A 1922 S peace silver dollar in unknown condition sold for $31.89.
- Uncirculated Philadelphia 1922 peace silver dollar sold for $36.
- A lot of 10 different circulated peace silver dollars from 1922 sold for $260.20.
If you are not sure about the condition of your coin, it is best to have it evaluated by a professional numismatist. With a little research, you should be able to get a good idea of the 1922 Peace Silver Dollar value.
What is the Most Valuable 1922 Peace Silver Dollar?
The most expensive 1922 Peace Silver Dollar was sold for $329,000 in 2014. This High Relief Matte Peace Dollar was graded PR 67 by NGC and features stunningly detailed needle-sharp striking with immaculate surfaces free of hairlines, shiny spots, or abrasions. It is truly a remarkable coin and its high price reflects the exceptional condition it is in.
The 1922 Low Relief Matte Peace Dollar graded PR 65 by NGC is the second most expensive 1922 Peace Silver Dollar. It sold for $199,750 in 2014. Only three pieces of this coin have been certified. So if you ever come across one of these rare coins, be sure to hold onto it tightly… it could be worth a fortune!
Factors That Influence 1922 Silver Dollar Value
The 1922 silver dollar is a fascinating coin. Many factors influence its value, including its mint mark, condition, and rarity.
Current Silver Bullion Value
The 1922 silver dollar is a popular coin among collectors for a variety of reasons. First, the coin is made of 90% silver, making it worth at least its weight in silver. The silver content of this coin is 0.77344 troy ounces. At the current silver price of $18.21 per troy ounce, the silver melt value of this coin is $14.09.
Condition
One of the most important factors that determines the value of a 1922 silver dollar is its condition. A coin that has been well-preserved and is in mint condition will be worth more than a coin that has been heavily circulated. The Sheldon grading scale is the most commonly used method for determining the condition of a coin, and it ranges from 1 to 70, with 70 being a perfect specimen.
A 1922 silver dollar that has been graded as 60 would be considered to be in uncirculated condition, and it would be worth significantly more than a coin that has been graded as 20, which would indicate heavily circulated condition. Therefore, if you are looking to sell or trade your 1922 silver dollar, it is important to have it evaluated by a professional coin dealer in order to get an accurate estimate of its value.
Mint Mark
A mint mark is a letter or symbol that indicates where the coin was struck. For example, a coin with an “S” mint mark was struck at the San Francisco Mint, while a coin with a “D” mint mark was struck at the Denver Mint.
In lower grades, the mint mark doesn’t play as important of a role in determining value. However, in higher grades, the S mint mark is more valuable than the D, and the no mint mark (Philadelphia) is least valuable.
Type of Strike
One of the most significant factors that can influence the value of a 1922 silver dollar is the type of strike. High relief coins are very rare, but they tend to exhibit better strike than other types of 1922 silver dollars. As a result, they are usually worth more than their counterparts.
What To Do If You Find a 1922 High Relief Peace Dollar
You might be out for a walk one day when you spot something shiny in the grass. You bend down to take a closer look, and you can’t believe your eyes – it’s a 1922 High Relief Peace Dollar! The chances of this happening are close to zero, but what should you do if you find a 1922 High Relief peace dollar?
To get the most money for your coin, your best bet is to take it to a professional dealer or auction house. They will be able to give you a more accurate estimate of its value and help you get the best price possible.
But even if you don’t plan on selling your coin, it’s still important to handle it with care. Here are a few tips to help you preserve your silver dollar coin:
- Always store your coin in a cool, dry place. Silver is a metal, and like all metals, it can tarnish if exposed to too much moisture or heat.
- Avoid handling your coin as much as possible. The natural oils from your skin can cause the silver to darken over time. If you do need to handle your coin, make sure you’re wearing gloves.
- Keep your coin in a protective case. This will help to prevent scratches or other damage that can occur simply from being stored in a drawer or box with other objects.
- Regularly inspect your coins for any signs of damage, such as scratches or tarnishing.
- If you plan on displaying your coins, invest in a quality display case that will protect them from dust and dirt.
By following these simple tips, you can help ensure that your silver dollar coin stays looking as good as the day you got it.
FAQ
Can you melt a 1922 silver dollar?
Yes – it is perfectly legal to melt your silver dollars. In fact, silver dollars are often melted down in order to obtain the silver content within them. The silver melt value for this coin is $14.09, which makes it a great option for those looking to add silver to their portfolios.
How to tell if you have a real silver dollar?
Fortunately, it is easy to test whether a coin is made of silver. The easiest way to do this is to use a magnet. If the coin is attracted to the magnet, it is not made of silver. If the coin is not attracted to the magnet, it may be made of silver.
Another way to test for silver is to use a nitric acid solution. Place a drop of nitric acid on the coin and wait for a reaction. If the coin turns green, it is not made of silver. If the coin does not change color, it may be made of silver. Finally, you can also take the coin to a professional appraiser for an opinion.
Why does the Peace dollar say Trvst?
One of the most distinctive features of the coin is the word “trvst” inscribed on the obverse side. While it may appear to be a mistake, the word is actually the latin spelling of “trust.” According to the United States Mint, the designer of the coin, Anthony de Francisci, chose this word to symbolize the hope for peace after World War I.
How much is a 1922 peace dollar worth today?
Modest examples in good condition can sell for around $28, while rarer specimens have been known to fetch hundreds of thousands of dollars at auction. Despite its relatively short time in circulation, the peace dollar has become a popular collectible, and prices for the coin can vary widely depending on its condition and provenance.
What does high relief mean on a Peace Dollar?
High relief coins are a type of coin that have been struck multiple times and with greater pressure when minted. This results in the design of the coin standing out in high relief. High relief coins are typically more valuable than other types of coins because they are more difficult to produce.
How many high relief 1922 Peace dollars are there?
Approximately 35,000 of the 1922 high relief Peace dollars were minted, but it’s unknown how many have survived. The high relief coins are considered to be among the most beautiful ever struck by the US Mint, and they’re highly prized by collectors. If you’re lucky enough to own one of these coins, you can be sure that it’s a rare and valuable piece of history.
Final Thoughts
Whether you inherited a 1922 silver dollar from a relative or found one while digging in the yard, you may be curious about its value. 1922 Peace Silver Dollars are some of the most popular coins among collectors. While circulated coins are typically worth $28-$42, the real prize for collectors are Philadelphia high relief coins, which can be worth up to $137,776 in PR 67 grade. Uncirculated 1922 Peace Silver Dollars can also be quite valuable, depending on the grade and mint mark.
For example, an Uncirculated coin with no mint mark is worth $52, while an Uncirculated coin with an “S” mint mark is worth $2,591. No matter what the grade or mint mark, all 1922 Peace Silver Dollars are highly sought after by collectors and make an excellent addition to any collection.
