1922 Liberty Silver Dollar
Value of 1922 Peace Silver Dollar 1922 Peace dollars were minted in phenomenal quantities beginning, more than 51 million at the Philadelphia Mint alone were struck. The coins began to pile up in Mint and Treasury vaults. As one of the most common dates in the Peace dollar series, many quality examples in MS-65 and higher grades are available. Mar 28, 2020 Condition is the key, when you find interesting errors. This is VAM-1H It has relatively low interest but it is rare. Rated as an R-7 which means that there are probably 10 or so. Additional Info: 1922 was the 2nd year that the 1922 Peace dollar was minted. They really dropped the bomb so to speak on the silver dollar market, minting over 51 million. That is currently $1.6 Billion dollars worth of silver at the spot price. (this note does not update dynamically with the silver spot like the rest of this site).
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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!
1922 Liberty Silver Dollar Trvst
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):
1900 Liberty Silver Dollar
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:1922 Liberty Silver Dollar Value Chart 1971 Dollar Exchange Rate
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