1922 Silver Dollar Value: How Much Is It Worth Today?
Are you a budding coin collector interested in learning the 1922 silver dollar value? You’re right on track! Here, we give you a detailed discussion of the different varieties according to their mint marks. Being familiar with the varieties is crucial, especially with the valuation of the coin.
Apart from giving you an idea of how these silver dollars are appraised, we will also cover the main errors associated with coin production. This aspect is relatively important since coin errors affect their overall value. So, here’s everything that you ought to comprehend for your coin collection journey.
1922 Silver Dollar Value Chart
|Mint Mark||Good||Fine||Extremely Fine||Uncirculated|
|1922 No Mint Mark Silver Dollar Value||$14.98 to $18.32||$15.44 to $18.88||$17.96 to $21.97||$20.10 to $24.58|
|1922 D Silver Dollar Value||$14.98 to $18.32||$15.44 to $18.88||$17.96 to $21.97||$24.11 to $29.48|
|1922 S Silver Dollar Value||$14.98 to $18.32||$15.44 to $18.88||$17.96 to $21.97||$24.11to $29.48|
1922 No Mint Mark Silver Dollar
The 1922 Silver Dollars is part of the Peace Dollar series that started in 1921. From the name of the series itself, the coins were created to commemorate the end of World War I. So, the US Mint held a competition to choose the design for the peace dollars.
The winning output was that of the famous Italian-American sculptor, Anthony de Francisci. The front design featured a left-facing portrait of Lady Liberty surrounded by the motto “IN GOD WE TRVST.” You might be wondering if the “TRVST” was misspelled. Actually, this was the original design of the sculptor.
Accordingly, this unique characteristic makes the coin even more striking for collectors. Likewise, the word “LIBERTY” and the year “1922” is also imprinted on the obverse side. As to the flip side of the coin, you’ll see an image of a resting American eagle. The bird sits on a stone while gripping an olive tree branch.
There is also a series of rays behind the eagle. These elements are widely considered peace symbols, which was the main motive of the peace dollar coins. Other key parts of the reverse design are the words “UNITED STATES OF AMERICA”, “E. PLURIBUS UNUM”, “PEACE”, and “ONE DOLLAR.”
Generally, Anthony de Francisci’s design made use of the high relief technique so the core elements of the coin are slightly raised. As a result, the key details easily stand out on the surface. However, not all coins had these high-relief features.
One of the reasons why the US Mint opted to produce more low-relief coins was due to their sturdiness. So, there were only 35,401 high relief pieces released in 1922. From then, more modifications were incorporated to improve the quality of the coins.
With the finalization of the designs and the techniques, the Philadelphia Mint started to produce these coins in 1921 but was further elevated in 1922. In fact, a total of 51,737,000 no mint mark silver dollars were struck in the said year.
Standard silver dollar coins that are in good condition are priced around $14.98 to $18.32 while those in fine condition may settle between $15.44 and $18.88. And for coins that have more defined elements, could be sold for up $21.97.
And of course, since there were only a limited number of high-relief coins, many collectors are aiming to get a hold of these rare pieces. You might be surprised that an uncirculated coin of this kind can be traded for up to $137,776!
1922 D Silver Dollar Value
Another major mint area during the year 1922 was Denver. This minting location produced 15,063,000 silver dollars. Compared to the number of coins struck in Philadelphia, this amount may not be that high. However, the 1922 D Silver Dollars were still relevant.
Most of these were released for public and commercial use. And coins that were widely circulated come with visible wear signs, hence the value of these pieces may not be as prominent as uncirculated ones. Accordingly, finding uncirculated silver dollars from Denver may not be a walk in the park.
If you’ve got a 1922 D Silver Dollar in good condition, you might exchange them for $14.98 or up to $18.32. By contrast, coins with untarnished surfaces and more defined features are more striking to collectors. That is why these are pricier in terms of valuation.
At present, coins in fine condition can be bought for $15.44 to $18.88 while very fine pieces may be around $17.96 to $21.97. And if you’re lucky enough to have an MS65 coin, you can sell it for $2591.
Uncirculated coins in pristine condition, on the other hand, are the real deal. These could be traded for as much as $30,000. Surely, this definitely a great catch that you wouldn’t want to miss.
To distinguish 1922 D Silver Dollars from the no mint mark coins of Philadelphia, you simply flip the coin and check the reverse design. Just beside the wing of the American eagle on the left side is a small letter D, which signifies Denver Mint.
Since this is a small indication, you need to look carefully at the surface to determine the mint mark. The front design of the coin is similar to the original outline, where you’d find a portrait of Lady Liberty that faces on the left.
The composition of these coins contains a significant amount of silver along with a small percentage of copper. With the content at hand, the dollar coins weigh at least 26.73 g with a diameter of 38.1 mm. It should also be noted that 1922 D Silver Dollars were all low relief.
Because of this, these aren’t considered rare, unless there are certain errors on the coin. The flaws, however, should be caused by production and not by wear. There are a couple of production issues that affected the output of the coins. Don’t fret because we will discuss them further in the following section.
1922 S Silver Dollar Value
Now, we’re down to the last category of the 1922 Silver Dollar. The 1922 S Silver Dollar was solely manufactured by San Francisco. The state of San Francisco has always been designated to mint proof coins, though this has only materialized formally in 1968 when all proof coins were created in the location.
In 1922, more than 17 million coins were struck in the state, which is actually a bit higher than the ones minted in Denver. But in comparison, 1922 S Silver Dollars were all uncirculated, which means these were never released in the market.
Proof coins are also referred to as uncirculated as these are generally not meant for public use. So, instead of releasing it to the general market, these creations were intended for collectors and dealers. As a result, these kinds of coins are more desirable unlike 1922 No Mint Mark and 1922 D Silver Dollar coins.
Because there’s only a limited number of 1922 silver dollar-proof coins in today’s market, finding these might be a grueling process. Still, their popularity in the field of coin collection is impressive and coin collectors would pay thousands of dollars just to get a hold of these distinct pieces.
And to see if you’ve got a 1922 S Silver Dollar in your possession, you just check the reverse design. The key indication is the “S” mark on the left tip of the eagle’s wing. More so, since these coins are generally uncirculated in the market, experts appraised them higher.
A fine condition coin would be around $24.11 to $29.48 while an MS65+ piece can reach up to $3750. And the highest recorded grade for this particular coin was MS66+, which was valued at $40000.
1922 Silver Dollar Grading
Considered one of the most unique Peace Dollars in the US coin history, the grading of a 1922 Silver generally factors in its physical characteristics. High relief is more valuable compared to low relief because of its more defined features.
Apart from this aspect, experts also examine if the coins were circulated or not. Of course, uncirculated pieces attract coin collectors―much more if these are in mint condition. For circulated coins, there isn’t much difference in the valuation from Philadelphia and Denver Mints.
1922 Silver Dollar Error Lists
In 1922, there were millions of silver dollar coins produced from different minting locations. Because of the high number of coins struck, a couple of production issues were recorded―either due to human lapses or mechanical problems.
And if you’re a coin connoisseur, you should already know that errors make a coin highly attractive and valuable. So, here are two of the most common errors associated with the 1922 Silver dollar coins.
1. 1922 Silver Dollar Double Die
If you come across two outlines of the designs on the surface, this is typically a result of a striking problem. This transpires when one coin is struck twice following a slightly or significantly different angle. Consequently, there would be flaws in the designs, specifically in the appearance of the image or words.
A double die coin could either have a partially or fully doubled design. The more prominent the error, the higher the value of the coin.
2. 1922 Silver Dollar Die Break (obverse and reverse)
One of the key features of die break error is a chip or crevice on the surface. This can be caused by various reasons such as too much minting pressure, metal inconsistency, or even worker’s incompetency. And die breaks were a bit common during the manufacturing of 1922 silver dollars.
This error was visible on one side of the coin, or even both. So, for the reverse part, you can find the die break mistake underneath the eagle’s right side or right above the word “DOLLAR.” Because of the obviousness of the blemish, many collectors love this particular coin.
Another die break issue was found on the obverse side of the coin, particularly in some pieces struck in Denver. If you look closely, there is a small hollow part along the hair of Lady Liberty, right behind her ear. Just for this particular error, experts would already price this for as low as $425.
And fascinatingly, the value of the coin surges up if the die break becomes more visible and extensive. Coins with die break errors on both sides are even more valuable. So, if you have this coin, make sure to check it carefully because it might be considered very rare.
1922 Silver Dollar FAQ
1. How much is a 1922 D silver dollar worth today?
These particular coins were the ones minted in Denver, hence the D mark. The value of these dollar coins, however, varies according to their current condition. For instance, pieces in good state are estimated to be at least $14.98. Finer coins, on contrary, could be sold for $15.44 or $21.97.
And for uncirculated coins with impressive quality and well-maintained elements, the value is certainly high. These may be traded for $24.11 while some could be reached up to $29.48.
2. How rare are the 1922 silver dollars?
One of the key factors that make some 1922 silver dollars rare is because of their minting process. There were more than 35 thousand coins in 1922 that were produced following the high relief technique.
These particular silver dollars were generally tagged as rare pieces by collectors and experts, especially those in uncirculated condition. According to renowned coin gradings organizations such as USA Coin Book and PCGS, there were only 11 high-relief varieties recorded.
3. What is the error on a 1922 D silver dollar?
During the production of the 1922 D silver dollar, there was a specific problem in the minting process. This resulted in a die break, which is a small flaw that resembles that of a chip. The error is mostly found on the front section of the coin, specifically behind the ear part of the Lady Liberty image.
Some coins minted in Denver also had double-die errors. These were pieces with doubled images due to inaccurate placement of the planchet or the die itself. But just like most errors, this positively influences the value of the coin.