The 1922 Peace Silver Dollar holds a significant place in numismatic history. It symbolizes the end of World War I and the ensuing peace. Designed by Anthony de Francisci, this coin features Lady Liberty on the obverse and a perched bald eagle on the reverse.
Collectors and investors are particularly interested in this coin due to its historical context, silver content, and the various mint marks and errors that can affect its value.
1922 Silver Dollar Coin Value
In 1922, the Peace Silver Dollar was minted at three facilities: Philadelphia (no mint mark), Denver (“D” mint mark), and San Francisco (“S” mint mark). Each mint produced coins with distinct characteristics and varying quantities, influencing their rarity and market value.
1922 Peace Silver Dollar
The Philadelphia Mint produced the highest number of 1922 Peace Dollars, totaling 51,737,000 coins. These coins lack a mint mark, which is typical for Philadelphia issues. Due to their large mintage, they are generally more common and accessible to collectors.
In circulated conditions, these coins are valued primarily for their silver content, with prices starting around $16. However, uncirculated specimens, especially those in higher mint state grades, can command higher premiums.
1922-D Peace Silver Dollar
The Denver Mint struck approximately 15,063,000 Peace Dollars in 1922, identifiable by the “D” mint mark located on the reverse side beneath the word “ONE.” While still relatively abundant, these coins are scarcer than their Philadelphia counterparts.
Circulated examples typically start at values similar to the Philadelphia issues, around $16. However, coins in uncirculated condition, particularly those graded MS65 or higher, can be significantly more valuable, with some fetching prices upwards of $2,500.
1922-S Peace Silver Dollar
The San Francisco Mint produced 17,475,000 Peace Dollars in 1922, marked with an “S” on the reverse. These coins are less common than those from Philadelphia but more so than the Denver issues.
Circulated 1922-S Peace Dollars generally start at values around $16. Uncirculated examples, especially in higher grades, can be quite valuable, with some MS65 specimens reaching prices of $1,600 or more.
Errors And Varieties
Certain errors and varieties in the 1922 Peace Dollar series can significantly enhance a coin’s value:
1. High Relief Coins
Initially, the 1922 Peace Dollars were struck in high relief, but production challenges led to a switch to low relief.
High-relief coins are rare, with most melted down, and surviving examples are highly sought after by collectors. Depending on condition, these coins can command prices well into the six-figure range.
2. Die Breaks and Cracks
Coins exhibiting die breaks or cracks, such as the “Ear Ring” variety, where a die break near Liberty’s ear resembles an earring, are of particular interest to collectors and can increase a coin’s value.
3. Double Die Varieties
Some 1922 Peace Dollars display doubling in the design elements due to die errors. These double die varieties are rare and can be quite valuable, especially in higher grades.
The following table summarizes the approximate values for 1922 Peace Silver Dollars based on mint mark and condition:
| Mint Mark | Good Condition | Extremely Fine (XF) | Uncirculated (MS60) | Uncirculated (MS65) |
|---|---|---|---|---|
| None | $16 | $32 | $36 | $125 |
| D | $16 | $33 | $37 | $575 |
| S | $16 | $33 | $35 | $1,250 |
In conclusion, the 1922 Peace Silver Dollar is a coin rich in history and variety. Its value is influenced by factors such as mint mark, condition, and the presence of unique errors or varieties.
Collectors should carefully assess these elements when determining a coin’s worth, and for accurate valuation, it is advisable to consult with a numismatic expert or reputable dealer.
FAQs
1. What is the significance of the 1922 Peace Silver Dollar?
The 1922 Peace Silver Dollar was minted to commemorate the end of World War I and symbolizes peace. It features Lady Liberty on the obverse and a bald eagle on the reverse.
2. How can I identify the mint mark on a 1922 Peace Dollar?
The mint mark is located on the reverse side of the coin, beneath the word “ONE.” A “D” indicates the Denver Mint, an “S” signifies the San Francisco Mint, and the absence of a mint mark denotes the Philadelphia Mint.
3. What makes a 1922 Peace Dollar valuable?
Factors influencing the coin’s value include its mint mark, condition (grade), and the presence of errors or unique varieties. High relief coins, double die varieties, and coins with die breaks are particularly valuable.
4. Are all 1922 Peace Dollars made of silver?
Yes, all 1922 Peace Dollars are composed of 90% silver and 10% copper, with a total silver content of approximately 0.7734 troy ounces.
How can I determine the condition of my 1922 Peace Dollar?
Assessing a coin’s condition involves examining its wear and overall appearance. Grades range from Good (heavily worn) to Mint State (no wear).
