The value of a 1922 dollar coin, specifically a Peace Dollar, can vary significantly depending on several factors, primarily its mint mark and condition.
- The 1922 Peace Dollar is a classic American silver dollar composed of 90% silver and 10% copper, weighing 26.73 grams, [according to Coin ID Scanner].
- Most circulated 1922 Peace Dollars are generally worth more than their melt value (which is determined by the current price of silver), [says Hero Bullion].
- The overall value is determined by the mint mark (where the coin was struck), the coin’s condition (grade), and any potential errors.
- 1922 Peace Dollar (Philadelphia, no mint mark): These are the most common 1922 Peace Dollars, with a mintage of nearly 52 million.
– In circulated condition (G-4), they are typically worth around $28-$32.
– In uncirculated condition (MS-60), they can be worth $75-$120, potentially reaching up to $7,000 in excellent condition (MS-67).
- 1922-D Peace Dollar (Denver, “D” mint mark): These are considered rarer than the Philadelphia issues, with a mintage of around 15 million.
– In circulated condition (G-4), they are valued at approximately $41-$50.
– In uncirculated condition (MS-60), they can be worth $50-$55, and can potentially sell for up to $20,000 or more in pristine, uncirculated condition (MS-67).
- 1922-S Peace Dollar (San Francisco, “S” mint mark): These are also rarer than the Philadelphia issues, with a mintage of around 17.5 million.
– In circulated condition (G-4), they are worth around $28-$32.
– In uncirculated condition (MS-60), they can be worth $100-$180, potentially reaching $40,000 or more in excellent uncirculated condition (MS-67).
- Rare Error Coins: Some 1922 Peace Dollars with rare errors, such as double strikes, off-center strikes, or other minting imperfections, can be extremely valuable, potentially worth hundreds or even thousands of dollars depending on the specific error, rarity, and condition.
- The value of a 1922 Peace Dollar depends heavily on its mint mark, with Denver and San Francisco mint marks generally being more valuable than those from Philadelphia.
- The coin’s condition, or grade, plays a major role in its value, with uncirculated examples being significantly more valuable than circulated ones.
- Rare errors can further enhance a coin’s value, making them highly sought after by collectors.
- For the most accurate assessment of a specific coin’s value, it is recommended to consult with a professional coin grading service like NGC or PCGS, or a knowledgeable coin dealer.
How do I know if my 1922 silver dollar is rare?
Great question! These high relief coins were struck fewer times before the mint shifted to a lower relief design for easier production. As a result, the high relief versions are rare and command higher prices. Another rare variant is the 1922 silver dollar with no mint mark which was actually produced in Denver.
How much is a dollar in 1922 worth today?
$1 in 1922 is equivalent in purchasing power to about $19.13 today, an increase of $18.13 over 103 years.