Unlocking The Value Of The 1922 Silver Dollar – Key Variations And Errors

By Mary

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Unlocking The Value Of The 1922 Silver Dollar - Key Variations And Errors

The 1922 Peace Silver Dollar is a significant piece of American numismatic history, representing the nation’s desire for peace following World War I.

Designed by Anthony de Francisci, this coin features Lady Liberty on the obverse and a perched eagle on the reverse, symbolizing peace. Collectors value the 1922 Silver Dollar not only for its historical significance but also for its unique variations and errors.

1. 1922 No Mint Mark Silver Dollar

The Philadelphia Mint produced the 1922 Peace Dollars without a mint mark, making them the most common in the series.

In circulated condition, these coins are typically valued between $30 and $35. However, uncirculated examples can fetch higher prices, with MS65 grades reaching up to $350.

2. 1922-D Silver Dollar

Minted in Denver, the 1922-D Peace Dollar bears a “D” mint mark. While also common, these coins are slightly scarcer than their Philadelphia counterparts. Circulated 1922-D dollars are valued similarly to the no mint mark versions, but uncirculated coins in MS65 condition can command prices between $300 and $450.

3. 1922-S Silver Dollar

The San Francisco Mint’s 1922 Peace Dollar, identified by an “S” mint mark, is less common than the Philadelphia and Denver issues.

Circulated examples range from $30 to $35, while uncirculated coins in MS65 condition can be valued between $500 and $2,500, depending on their quality and eye appeal.

4. 1922 High Relief Silver Dollar

Initially, the 1922 Peace Dollars were struck in high relief, but production challenges led to most being melted down. Surviving high relief coins are extremely rare and highly sought after by collectors.

These coins can command prices well into the six-figure range, depending on their condition and provenance.

5. 1922 Proof Silver Dollar

Proof versions of the 1922 Peace Dollar were produced in very limited quantities, primarily for collectors and presentation purposes. These coins exhibit sharp details and a mirror-like finish.

Due to their rarity, 1922 Proof Peace Dollars can be valued between $100,000 and $350,000, depending on their condition and specific characteristics.

1922 Silver Dollar Errors And Varieties

Several notable errors and varieties exist for the 1922 Peace Dollar, which can significantly enhance their value:

  • Die Breaks: Cracks in the die can result in raised lines on the coin’s surface.
  • Double Strikes: Coins struck more than once, leading to overlapping images.
  • Off-Center Strikes: Coins not properly centered during striking, resulting in part of the design missing.
  • Missing Mint Marks: Some 1922-D coins lack the “D” mint mark, increasing their rarity and value.

These errors can make a standard 1922 Silver Dollar considerably more valuable, with some error coins fetching thousands of dollars at auction.

Coin TypeMint MarkCirculated ValueUncirculated Value (MS65)
1922 No Mint Mark Silver DollarNone$30 – $35Up to $350
1922-D Silver DollarD$30 – $35$300 – $450
1922-S Silver DollarS$30 – $35$500 – $2,500
1922 High Relief Silver DollarNoneN/ASix figures
1922 Proof Silver DollarNoneN/A$100,000 – $350,000

The 1922 Peace Silver Dollar offers collectors a rich tapestry of history, artistry, and numismatic intrigue. Whether you’re a seasoned collector or a novice, understanding the nuances of this coin can enhance your appreciation and potentially your collection’s value.

FAQs

How can I identify a 1922 High Relief Silver Dollar?

High relief coins have more pronounced and detailed features, particularly noticeable in Lady Liberty’s hair and the eagle’s feathers. Due to their rarity, it’s advisable to consult a numismatic expert for authentication.

What factors affect the value of a 1922 Silver Dollar?

Key factors include the coin’s mint mark, condition (grade), presence of any errors or varieties, and overall rarity. Coins in better condition with unique features or errors typically command higher prices.

Where is the mint mark located on the 1922 Silver Dollar?

The mint mark, if present, is located on the reverse side of the coin, below the word “ONE” and above the eagle’s tail feathers.

Are all 1922 Silver Dollars made of pure silver?

The 1922 Peace Silver Dollar is composed of 90% silver and 10% copper, which was standard for U.S. silver coins of that era.

How can I determine the grade of my 1922 Silver Dollar?

Coin grading assesses a coin’s condition and is best performed by professional grading services. They evaluate factors like luster, wear, and strike quality to assign a grade, which significantly influences the coin’s value.


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