The value of a 1922 Peace Silver Dollar varies significantly based on several factors, including its mint mark, condition (grade), and the presence of any rare errors.
- Mint Mark: 1922 Peace dollars were produced at three U.S. Mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S).
- Condition: A coin’s condition is crucial to its value. “Uncirculated” coins, also known as “Mint State” (MS), have no visible wear and tear. Circulated coins show signs of use, with various grades reflecting the degree of wear.
- Philadelphia Mint (no mint mark): These are the most common 1922 Peace Dollars, with over 51 million minted. Their value generally ranges from $25 to $39 for circulated coins, and can go as high as $7,000 for pristine, uncirculated specimens (MS67).
- Denver Mint (D mint mark): 1922-D Peace Dollars are less common than their Philadelphia counterparts, with around 15 million minted. Their value ranges from $30 to $40 for circulated coins, and uncirculated examples can reach values of up to $90,000 (MS67). Some 1922-D Peace Dollars struck with extra high relief due to minting errors can be worth hundreds or even thousands of dollars.
- San Francisco Mint (S mint mark): Similar to the Denver mint, 1922-S Peace Dollars are rarer than the Philadelphia issue, with roughly 17.5 million minted. Most 1922-S Peace Dollars fall within the $30 to $39 price range for circulated coins. However, uncirculated examples in pristine condition can fetch as much as $40,000. Certain rare error varieties, such as the tripled reverse, can significantly increase their value, with an MS64 specimen selling for $1,500.
- Rare High Relief and Proof Variants: A small number of rare 1922 high relief and proof Peace Dollars exist. These were experimental pieces produced during the transition to the standard low relief design. With only 13-20 total survivors, they command six-figure prices at auction. For example, one 1922 High Relief Proof Peace Dollar with a Matte Finish sold for $458,250.
- Errors: Specific minting errors, such as the tripled reverse found on some 1922-S Peace Dollars, can greatly increase their value to collectors.
While many 1922 Peace Dollars are relatively common and worth slightly above their silver melt value (currently around $29.55), certain mint marks and conditions can make them significantly more valuable. Rare errors and proof coins can command extremely high prices at auction.
Note: Coin values are subject to market fluctuations. For an accurate valuation, it is recommended to consult a professional numismatist or utilize reputable coin pricing guides.
What makes the 1922 Peace Dollar so valuable?
The coin’s beautiful designs, high silver content, and collectable value makes it a great addition to any collection. For some collectors, the 1922 Peace Dollar represents the very best of this beloved coin series.
Which peace silver dollars are most valuable?
I can help with that. 1924 S Peace Dollar: $8,200.
1934 S Peace Dollar: $8,000.
1927 S Peace Dollar: $6,200.
1927 D Peace Dollar: $4,250.
1928 Peace Dollar: $3,500.
1923 S Peace Dollar: $2,800.
1921 Peace Dollar: $1,600.
1935 S Peace Dollar: $1,350.