1922 Liberty Silver Dollar
Early Silver Dollars
The 1922 Peace Dollar has the highest mintage of any Silver Dollar, and it remains the most common date in the Peace Dollar series. Compared to the 1921 Peace Dollar, the 1922 has much lower and flatter relief details, but the strike quality is generally good. Luster ranges from a soft, creamy white to a hard, chrome-like surface.
1922 Liberty Silver Dollar Error
- The Peace dollar, designed by Anthony de Francisci, depicts a representation of Miss Liberty on the obverse and an American bald eagle perched atop a rock and looking at a sunrise. Most Peace dollars bearing the 1922 date feature the lower relief design, but the U.S. Mint reported striking 35,401 Peace dollars in 1922 with a high relief.
- This coin is the 1922 Peace Silver dollar. 1922 was the 2nd year that this Peace dollar was minted. It was estimated to at least $1.6 billion dollars worth of silver since there are more than 51 million of this dollar minted. The condition falls between Fine and Extremely Fine for this coin. There are some signs of wear.
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
One extremely rare and valuable variety is the 1922 High Relief Peace Dollar. Most 1922 Peace dollars are Normal Relief. So their features are not as sharp and they don't stand out as much. In the previous year - All 1921 Peace Dollars were High Relief. The US Mint found that this original high relief design produced a higher quality and more beautiful coin but it caused more wear and tear on the dies that produce the coins - which had to be replaced often. So early in 1922: The US Mint decided it was more practical to produce dies that resulted in a coin design with lower relief and lower quality for general circulation.
The US Mint originally produced 35401 of these 1922 High Relief coins (mostly non-proof business strikes intended for general circulation) before going to a Normal relief design. Nearly all of these high relief coins were melted down a short time later by the US Mint. Only about 10 to 12 High Relief 1922 Proof (Matte Proof) Peace Dollars are estimated to exist. One stray non-proof business strike coin also exists!
Depicted above is a 1922 High Relief Matte Proof Peace Dollar while the image below depicts a 1922 Normal Relief Matte Proof Peace Dollar. Both varieties are exceptionally valuable - but the High Relief version is the crown jewel (Sources of example images are courtesy of Heritage Auction Galleries):
It is quite easy to identify the differences between the high relief and low relief coins. Both the obverse (front) and reverse (back) of the coin have differences. On the obverse of the coin: The numbers in the date and letters appear thicker on the high relief variety - even the spikes coming off the liberty crown are noticeably thicker. Although on the normal relief variety the spikes are longer and thinner with one small extra spike between the two left-most spikes. These features are depicted by the arrows in the example image below (Notice how much longer and thinner the spikes are near the letter 'E' in the word 'LIBERTY' on the Normal Relief variety vs the shorter spikes on the High Relief variety):
On the reverse of the coin: The high relief version also features thicker letters. The letters are much clearer on the high relief variety whereas the letters on the reverse lower relief coin appear blurry (especially in the word 'PEACE' at the base of the coin). The portrait of the eagle and the rays are also vastly more detailed than the lower relief variety. The rays are also longer on the high relief version and there are two extra rays near the rock where the eagle is perched (depicted by the arrows). Two rays clearly appear within the middle of the letter 'O' in the word 'DOLLAR' on the high relief version - whereas on the low relief variety there is only one ray 'clearly' seen through the middle of the 'O'. The differences are depicted below in the example comparison image of the reverse of the coins:
| Good (G-4) | Very Good (VG-8) | Fine (F-12) | Very Fine (VF-20) | Extremely Fine (EF-40) | About Uncirculated (AU-50) | Uncirculated (MS-60) | Uncirculated (MS-65) | Proof (PR-65) |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | $134,362 |
USA Coin Book Estimated Value of 1922 Peace Silver Dollar (High Relief Variety) (Proof Coin) is Worth $134,362 or more. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.
MELT VALUE: $21.17
1922 Liberty Silver Dollar Mint Mark
1922 Liberty Silver Dollar Trvst
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CoinTrackers.com has estimated the 1922 S Peace Dollar value at an average of $26, one in certified mint state (MS+) could be worth $1,300. (see details)...
Type:Peace Dollar
Year:1922
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 17,475,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $26, while one in certified mint state (MS+) condition could bring as much as $1,300 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1922, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The 1922 (s) Peace dollar has the mint mark on the reverse/back of the coin. These coins along with the Morgans contain roughly .78 oz of pure silver.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $4.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
1922 Liberty Silver Dollar Trust Misspelled Value
Current silver melt value* for a 1922 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 17,475,000, of these coins were produced or minted in 1922 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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