The value of a 1922 one dollar coin, also known as a Peace Dollar, depends on a few key factors: mint mark, condition (grade), and the presence of any errors or rare varieties.
Here’s a breakdown of the estimated value based on these factors:
- No Mint Mark (Philadelphia Mint): Most common, with a mintage of over 51 million. Values are typically close to the silver melt value, which was $29.38 as of August 12, 2025. These are generally worth $15 to $30 in average circulated condition.
- “D” Mint Mark (Denver Mint): Rarest of the three, with a mintage of about 15 million.
– Circulated condition: $42 to $51.
– Uncirculated condition: Up to $20,000, according to [NGC].
- “S” Mint Mark (San Francisco Mint): Second rarest, with a mintage of about 17 million.
– Circulated condition: $42 to $51.
– Uncirculated condition: Up to $40,000, according to [NGC].
The better the condition, the higher the value. The most desirable coins are in uncirculated (Mint State or MS) condition.
Here are general price ranges based on condition for a regular Philadelphia mint (no mint mark) 1922 Peace dollar, as of August 2025:
- Good (G): $42
- Fine (F): $43
- Very Fine (VF): $43.50
- Extremely Fine (XF): $44.50
- About Uncirculated (AU): $46.50 – $48
- Uncirculated (MS-60): $45 – $47.50
- MS-63: $70 – $75
- MS-65: $175 – $200
- MS-66: $550 – $1500
- MS-67: $7000
Certain mint errors and varieties can significantly increase a coin’s value, potentially to hundreds or even thousands of dollars. Examples of errors include die breaks, off-center strikes, and lamination errors. It is recommended to have any suspected error coin evaluated by a numismatic expert.
In summary
- Most 1922 Peace Dollars in average condition are worth around $25 to $50.
- Coins from the Denver (D) and San Francisco (S) mints are generally more valuable than those from the Philadelphia Mint (no mint mark).
- High-grade, uncirculated coins can be worth significantly more, especially the rare “D” and “S” mint marks.
- Error coins can fetch even higher prices.
Disclaimer: Coin values are dynamic and can fluctuate based on market conditions. For the most accurate appraisal, consult with a professional coin grader or 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.
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.
Is a 1922 dollar made of silver?
COLLECTOR’S NOTE: Peace Dollars, which minted from 1921 to 1935, symbolize post-World War I optimism. Anthony de Francisci’s design features Lady Liberty on the obverse and a perched eagle on the reverse. Minted in silver, these dollars reflect a time of reconciliation and global stability.