Peace Dollar Value
The 1922 Peace dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
MintMark Location on US Peace Silver Dollars 1923 Silver Dollars and the other Peace Silver dollars may have a mint mark indicating where the coins were made. If you have seen our page indicating how many peace style silver dollars were made, then you probably noticed that in some years silver $'s were made at several United States Mints. Coin Value Price Chart for Peace Dollars $1. Lookup Coin values for Good, Very Good, Fine, Very Fine, Brilliant Uncirculated & Proof conditions and MS grade. How much Peace Dollars are worth. Coins for sale for Peace type Dollars items.
Type: Peace Dollar
Year: 1922
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.09
The US minted the 1922 silver dollar with no mint mark and also the 1922 D silver dollar and 1922 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin, below the word 'ONE'.
The 1922 silver dollar with no mint mark has two different varieties. There is the high relief variety and the normal relief variety. Originally these Peace dollars were struck in high relief, which means that the images stand out more and they are more detailed. There were 35,401 high relief silver dollars minted in 1922, and most of them were melted down. The ones that survived are very valuable. During 1922 the design changed to normal relief.
Series | Location | Quantity Minted |
---|---|---|
1922 Normal Relief | Philadelphia | 51,737,000 |
1922 High Relief | Philadelphia | 35,401 |
1922 D | Denver | 15,063,000 |
1922 S | San Francisco | 17,475,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.09 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.26 per ounce.
The normal relief 1922 silver dollar with no mint mark is worth around $25 in very fine condition. In extremely fine condition the value is around $27. In uncirculated condition the price is around $30 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $100.
The high relief 1922 silver dollar with no mint mark is very rare. Matte Finish proof coins will each sell for around $200,000 with a PR 65 grade.
The 1922 D silver dollar is worth around $28 in very fine condition. In extremely fine condition the value is around $30. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $500.
Lastly the 1922 S silver dollar is worth around $28 in very fine condition. In extremely fine condition the value is around $30. In uncirculated condition the price is around $50 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,500.
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Grading System
Very fine- Liberty's hair looks quite worn. A few strands of hair around the ear are well defined. A portion of the eagle feathers on top and on the right wing's outside edge are visible.
Extremely fine- The hair lines over Liberty's brow and ear are strong, although slightly worn. Each of the eagle feathers on top and on the right wing's outside edge are visible but faint.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
Sources:
Peace Dollar Value Guide
See also:
1923 Silver Dollar
1921 Peace Dollar
Peace Dollar mintages ranged from a low of 360,649 for the key date issue of the series to a high of more than 50 million. The highest mintages took place early in the series when heavy production was necessary to fulfill the requirements of the Pittman Act.
Peace Dollar Value 1923
The Pittman Act had authorized the melting of up to 350 million silver dollars for conversion to bullion and sale to Great Britain. The quantity of 270,232,722 silver dollars which were melted were required to be replaced with newly minted coins produced from the output of American mines. This large quantity was struck for the final year of the Morgan Dollar series and the initial years of the Peace Dollar series until 1928.
The key date of the Peace Dollars series is usually considered to be the 1928 Peace Dollar since it has the lowest mintage. The 1934-S Peace Dollar is also considered to be a key date in mint state. Although over one million coins were produced, the coins saw extensive circulation making choice mint state examples rare.
Date | Mintage |
1921 | 1,006,473 |
1922 | 51,737,000 |
1922-D | 15,063,000 |
1922-S | 17,475,000 |
1923 | 30,800,000 |
1923-D | 6,811,000 |
1923-S | 19,020,000 |
1924 | 11,811,000 |
1924-S | 1,728,000 |
1925 | 10,198,000 |
1925-S | 1,610,000 |
1926 | 1,939,000 |
1926-D | 2,348,700 |
1926-S | 6,980,000 |
1927 | 848,000 |
1927-D | 1,268,900 |
1927-S | 866,000 |
1928 | 360,649 |
1928-S | 1,632,000 |
1934 | 954,057 |
1934-D | 1,569,500 |
1934-S | 1,011,000 |
1935 | 1,576,000 |
1935-S | 1,964,000 |