The value of a 1922 Liberty coin, which is actually a 1922 Peace Dollar, depends heavily on its condition (grade) and where it was minted.
Here’s a breakdown of factors influencing its value:
- Circulated coins: According to the NGC Price Guide, as of August 2025, a circulated 1922 Peace Dollar is worth between $41.50 and $50. However, another source suggests the range is typically $25 to $39 for most 1922 Peace Dollars, depending on the mint mark, rarity, and condition.
- Uncirculated coins: Uncirculated 1922 Peace Dollars can be worth significantly more, with pristine examples selling for as much as $7,000.
- Grading scale: Coins are graded on a scale of 1 to 70, with higher numbers indicating better condition. Some key grade levels for circulated coins include:
– Good: Date is readable, rims are nearly full, and the design is outlined.
– Very good: Defined rim, full legends, and some detail in the design.
– Fine: Moderate wear, bold date, and clear letters and legends.
– Very Fine: Approximately two-thirds of the coin’s design is visible.
– Extra Fine: All elements in the design are clearly visible.
- Uncirculated grades:
– About Uncirculated (AU-50): Slight traces of wear on high points, acceptable eye appeal.
– Very Choice About Uncirculated (AU-58): Slightest hints of wear marks, almost full mint luster, and positive eye appeal.
– Mint State (MS-60 to MS-70): No evidence of circulation wear. The differences within these grades are determined by the quality of the strike, luster, severity and location of contact marks, and overall eye appeal.
– MS-70: Considered the perfect coin, with no microscopic flaws visible under 8x magnification, a sharp strike, and outstanding eye appeal.
- Philadelphia Mint (no mint mark): Most common, and generally worth closer to the lower end of the circulated range. Mintage was 51,737,000.
- Denver Mint (“D” mint mark): Rarer than Philadelphia coins, with values ranging from $30 to $40 in circulated condition. Mintage was 15,063,000. High-relief error versions can be worth hundreds or thousands of dollars.
- San Francisco Mint (“S” mint mark): Similar in rarity to Denver mint coins, with values in the $30 to $39 range. Mintage was 17,475,000. Rare error versions can be worth hundreds of thousands of dollars.
- Rare error versions of the 1922 Peace Dollar can be extremely valuable, potentially worth hundreds of thousands of dollars.
- Types of errors that can increase value include minor or prominent die cracks, small or large cuds, minor grease strikes, noticeable material struck through, or significant identifiable objects struck through.
- Off-center strikes can also significantly increase a coin’s value depending on the degree of off-center striking.
Here are some examples of 1922 Peace Dollar values based on condition and mint mark:
- Circulated (G-4): $28 – $32.
- Fine (F-12): $30 – $35.
- About Uncirculated (AU-50): $45 – $65.
- Mint State (MS-60): $75 – $120.
- Mint State (MS-63): $150 – $250.
- Mint State (MS-65): $400 – $800.
- Mint State (MS-66): $1,500 – $3,000.
- Mint State (MS-67): $10,000+.
- 1922-S MS66: Sold for $16,000.
- 1922 no mint mark MS67: Sold for $7,000.
- 1922-D MS67+: Sold for $36,000.
In conclusion, a 1922 Liberty coin, which is a Peace Dollar, can be worth anywhere from its melt value in silver (around $29.45 as of August 2025) to tens of thousands of dollars or more, depending on its condition, mint mark, and any potential errors. It’s recommended to consult with a reputable coin dealer or use a trusted online price guide, like the [NGC World Price Guide] , for a more accurate valuation of your specific coin.
How do I know if my 1922 silver dollar is rare?
I can help with that. 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.
What makes the 1922 Peace Dollar so valuable?
From my experience, 1922 Peace Dollars offer numismatic value. This means that they’re usually sold to collectors for more money than their silver melt value. 1922 Peace Dollars are valuable because of their history – not just because they contain . 90 fine silver bullion.
What is a 1922 silver dollar with trust misspelled?
I can help with that. The 1922 Liberty Dollar, more formally known as the 1922 Peace Dollar, contains one of the most famous intentional misspellings in American coin history: the word “TRUST” appears as “TRVST.” This deliberate design choice—where the word TRUST on a 1922 Liberty Silver Dollar is misspelled—reflects sculptor Anthony de …