1922 Silver Dollar Value: are “D”, “S”, No mint mark worth money?

The 1922 Silver Dollar is a coin produced by the United States Mint in the early twentieth century. There are still lots of these coins in circulation, and they’re sought after by collectors because of their historical significance and potential monetary value.

In this article, we’ll take a closer look at the 1922 Silver Dollar and discuss its worth, mint mark, condition, and how to determine its value. So, whether you’re a collector or just curious about the history and value of the 1922 Silver Dollar, this guide is a thorough resource that will reveal all you need to know about this spectacular coin.

The 1922 Silver Dollar Value Details

Production of the Peace Dollar series, which includes the 1922 Silver Dollar, ran from 1921 to 1928 and then again in 1934 and 1935. The 1922 Silver Dollar has a diameter of 38.1 mm, weighs 26.73 grams, and is made up of 90% silver and 10% copper.

Sporting a reeded edge and a silver color, the coin’s design features the portrait of a woman, Lady Liberty, on the obverse side. She has a tiara of rays on her head, symbolizing the dawn of a new era of peace. The word “LIBERTY” is inscribed on her headband, and the production date is just below her. And just around her neck section, the words “IN GOD WE TRVST” are inscribed, with “V” denoting Victory (referencing the end of World War I).

On the coin’s reverse, designed by Anthony de Francisci, the word “PEACE” is inscribed beneath a bald eagle sitting and grasping an olive branch in its right claw. The words “UNITED STATES OF AMERICA” and “ONE DOLLAR” may also be found on the reverse.

The Philadelphia, Denver, and San Francisco Mints were all involved in the 1922 Silver Dollar production. However, it’s worth noting that while Denver and San Francisco Mints produced coins, their mintage sits below Philadelphia Mint’s. Because of this, 1922 Silver Dollars minted in Denver and San Francisco are more sought after and valuable than those minted in Philadelphia.

On the one hand, there’s no mint mark on coins produced in Philadelphia. On the other hand, there’s a small “D” mint mark on coins minted in Denver and a tiny “S” mint mark on coins minted in San Francisco.

An additional factor that determines a coin’s value is its condition. Uncirculated coins, which are in excellent condition, are more valuable than circulated ones (coins in poor condition) because of the lack of wear and tear on the former. Also, the value of the 1922 Silver Dollar can be affected not only by its condition and rarity but also by its strike quality and the presence of any errors or varieties.

Similarly, the value of coins that have been cleaned, damaged, or otherwise altered may reduce. Always consult a reputable numismatist or coin dealer to better assess the coin’s worth. In addition, they can help you spot any errors or varieties that could boost the coin’s value.

Overall, it’s worth keeping an eye out for these details when searching for this coin; you never know when you might find a rare and valuable one!

Below is a summary of the coin’s information:

• Category: Silver Dollars (1921–1935)
• Mint: Philadelphia, Denver, and San Francisco.
• Obverse Designer: Anthony de Francisci
• Reverse Designer: Anthony de Francisci
• Composition: 90% silver, 10% copper
• Weight: 26.73 g
• Diameter: 38.1 mm
• Edge: Reeded

Also Read: Top 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money

The 1922 Silver Dollar Coin Value Chart

The values assigned to coins of various grades and mint marks are summarized in the table below:

Mint Mark	Good	Fine	Extremely Fine	Uncirculated
1922 No Mint Mark Silver Dollar Coin	$18.32	$18.88	$21.97	$24.58
1922 D Silver Dollar Coin	$18.32	$18.88	$21.97	$29.48
1922 S Silver Dollar Coin	$18.32	$18.88	$21.97	$29.48

 

The 1922 Silver Dollar Value and Varieties Guides

Here, we discuss in detail the corresponding values of the various 1922 Silver Dollar coin varieties:

1922 No Mint Mark Silver Dollar Value (Normal)

• Category: Silver Dollars (1921–1935)
• Mint: Philadelphia
• Mint Mark: Absent
• Mintage: 1,006,473
• Face Value: 1 dollar
• $ Price: $52–$174
• Obverse Designer: Anthony de Francisci
• Reverse Designer: Anthony de Francisci
• Composition: 90% silver, 10% copper
• Weight: 26.73 g
• Diameter: 38.1 mm
• Edge: Reeded

The United States, in 1992, produced the 1922 Silver Dollar, also known as the “normal” 1922 Silver Dollar, without a mint mark. The coin weighs 26.73 g and comprises 90% silver and 10% copper. The portrait of Lady Liberty is depicted on the obverse, while an eagle and the coin’s value appear on the reverse. This 1922 dollar coin isn’t that rare and valuable compared to others featuring mint marks, such as the 1922-S and 1922-D, because so many of them were produced. In its decent state, this coin is speculated to be worth between $52 and $174.

The 1922 Silver Dollar Value Without Mint Mark (High Relief)

• Category: Silver Dollars (1921–1935)
• Mint: Philadelphia
• Mint Mark: Absent
• Mintage: 12,000–15,000
• Face Value: 1 dollar
• $ Price: $137,776
• Obverse Designer: Anthony de Francisci
• Reverse Designer: Anthony de Francisci
• Composition: 90% silver, 10% copper
• Weight: 26.73 g
• Diameter: 38.1 mm
• Edge: Reeded

The coin is a higher relief version of the normal 1922 Silver Dollar and features a more three-dimensional and detailed outline.

The design on this coin is visible, and due to its superior quality, PCGS (Professional Coin Grading Services) classifies them as proof coins. The unique quality, luster, and presence of any marks or blemishes on a 1922 high-relief Silver Dollar can all impact its value.

Unfortunately, these coins are difficult to come by due to their low mintage. As a result, they’re significantly more valuable than the normal 1922 Silver Dollar, pegged at prices as high as $137,776.

1922 “D” Silver Dollar Value

• Category: Silver Dollars (1921–1935)
• Mint: Denver
• Mint Mark: D
• Mintage: 15,063,000
• Face Value: 1 dollar
• $ Price: $18.38 (NGC)
• Obverse Designer: Anthony de Francisci
• Reverse Designer: Anthony de Francisci
• Composition: 90% silver, 10% copper
• Weight: 26.73 g
• Diameter: 38.1 mm
• Edge: Reeded

The United States Mint produced the 1992 “D” Silver Dollars from 1921 to 1928, as well as in 1934 and 1935. More than 15 million 1922-D Peace Dollars were minted in Denver alone. The 1922-D is just as widely available in uncirculated condition as the Philly Mint’s issue for the same year. You may purchase a copy of this coin for up to $18.38.

1922 “S” Silver Dollar Value

• Category: Silver Dollars (1921–1935)
• Mint:  San Francisco
• Mint Mark: S
• Mintage: 17,475,000
• Face Value: 1 dollar
• $ Price: $18.39 (NGC)
• Obverse Designer: Anthony de Francisci
• Reverse Designer: Anthony de Francisci
• Composition: 90% silver, 10% copper
• Weight: 26.73 g
• Diameter: 38.1 mm
• Edge: Reeded

The 1922 “S” Silver Dollar was produced at the San Francisco Mint and had a low mintage compared to other coins in the Peace Dollar series produced in other years.

According to the NGC Price Guide, a 1922 Peace Dollar in the circulated condition is worth between $30.50 and $39.50 as of January 2023. However, those in perfect (uncirculated) condition can fetch as much as $400,000 on the open market.

Also Read: Top 19 Most Valuable Morgan Dollars Worth Money

The 1922 Silver Dollar History

The 1992 Silver Dollar, also known as Peace Dollar Coin, was minted by the US government from 1921 to 1928 and again in 1934 and 1935. This coin was minted to honor the conclusion of World War I and the return of peace to the world. The Pittman Act of 1918, which authorized the melting of up to 350 million Silver Dollars, was the legislative impetus for creating the Peace Dollar.

Silver bullion supplies in the US Treasury had been depleted during World War I, so this act was enacted to restore those supplies. In 1921, when the Peace Dollar was introduced, it was widely praised for its design and considered a work of art. The coin was widely used until the late 1920s and early 1930s, when its use began to decline. Several influences, such as monetary policy and economic shifts, contributed to this phenomenon.

The Gold Reserve Act of 1934, which mandated the recall of gold certificates and resulted in a significant reduction in the circulation of Silver Dollars, was a major factor in the decline of the Peace Dollar. The minting of Peace Dollars ceased in 1928, and only a small number were produced in 1934 and 1935 due to these issues. The last of the series of coins were melted down in 1964, marking the end of its circulation.

Nevertheless, the Peace Dollar is a classic and popular coin among collectors today. Its aesthetic value, historical weight, and numismatic worth contributed to its widespread renown.

Also Read: Top 19 Most Valuable Silver Eagles Worth Money

1922 Silver Dollar Grading

The condition and quality of a coin, such as a 1922 Silver Dollar, can be determined through a process called “grading.” In this case, a third-party service like the PCGS (Professional Coin Grading Services) or NGC (Numismatic Guaranty Corporation) would provide the best judgment.

Grades such as “extremely fine” or “mint state” and a numerical value ranging from “1” to “70” are often assigned to the coin to indicate its condition. Their grade strongly influences the value and collectability of coins.

This video explains how to identify your coin’s quality grade, while this post provides a comprehensive breakdown of coin grading and how the various grades work.

Lists of the 1922 Silver Coin Errors

There’s a lot of money to be made from selling any misprinted 1922 Silver Dollars. It’s not because of any particular flaw but their extreme rarity.

Some of the rarest and most expensive 1922 Silver Dollar error coins are listed below.

1. 1922 Silver Dollar Die Break in Reverse

A coin with a die break has a fissure or chip in the metal die used to mint it. Several causes could be responsible for this, including carelessness with the die or a flaw in the metal.

A die break occurred during the minting of some 1922 Silver Dollars, and you can easily spot the mistake because it appears as a hunk of metal below the eagle’s chin. Details of a reverse die break on a 1922 Silver Dollar affect the coin’s overall condition, influencing the coin’s worth as a result. The error is so glaring that you could spot it without getting so close to the coin. Prices start at around $125 but can go up or down depending on its current state.

2. 1922 “D” Silver Dollar Die Break in Obverse

For collectors, a 1922 “D” Silver Dollar with a die break on the obverse could be a spectacular error coin with great value. In this coin, Lady Liberty’s hair is off behind her ear, and that’s where the error is. This error can also be found on the die break on the coin’s head.

The price of this error coin starts at about $425. In most cases, a coin’s value increases as the die break becomes more pronounced and extensive. Die-breaks in coins are highly sought after by collectors because of their rarity and uniqueness.

3. 1922 Silver Dollar Double Die in Reverse and Obverse

A 1922 Silver Dollar Double Die is a coin that was struck with a die that was accidentally misaligned during minting, leaving a “double image” or “ghost image” on one or both sides of the coin. Collectors put a high value on these mistakes, and the coins can fetch a high price if they’re in mint condition and extremely rare. Today, such coins are worth at least $179.

1922 Silver Dollar Value FAQ

How do I know if my Silver Dollar value is valuable?

The value and rarity of a Silver Dollar depend on several factors, such as its current state, if it has any errors, its total mintage, etc. A trusted coin guide or expert coin appraiser is your best resource for learning about a Silver Dollar’s rarity and market value.

What to look for in a 1922 Peace Dollar?

Condition, strike, luster, and rarity are all factors to consider when shopping for a 1922 Peace Dollar. A coin with light wear and tear will be worth more than one with heavy wear and damage. It’s also important to think about the strike or the sharpness of the details.

Where is the mint mark on a 1922 Silver Dollar coin?

On the back side of a 1922 Silver Dollar coin, the mint mark can be found between the eagle and the “ONE DOLLAR” inscription.

Why does the 1922 Silver Dollar coin have “V” in the inscription “TRVST”?

The “V” in “TRVST” on the 1922 Silver Dollar coin’s obverse stands for “Victory” and signifies triumph. It was added as a commemorative gesture in reference to World War I, which ended on November 11, 1918.

Conclusion

This guide examines the 1922 Silver Dollar Coin, discussing its history, mintage, and error coins. Minted to honor the conclusion of World War I and the promise of a better tomorrow, these coins are valuable pieces highly sought after by numismatics today.

You may only glean insights into these coins’ true value by having them graded by trusted coin gradings services like PCGS or NGC. These groups will evaluate the coin and give it a grade based on its condition before estimating its worth. So, be on the lookout for one of these the next time you dig through old US coins — it’s a rare and desirable collectible piece of American numismatic history and highly valued in the right hands.