With multiple mint marks, errors, and diverse varieties like VAMs offering unique variations in die pairs, the 1922 Peace Dollar provides a wide range of collecting opportunities. Whether you’re looking for an affordable circulated or high-grade error coin, this silver dollar offers something for every budget.
The intrinsic value of these coins is based on the silver content and carries a melt value of $52.4. As the silver value rises provides long-term investment opportunities.
While most 1922 Peace Dollars are easy to acquire, rare coins with certified high grades can fetch significant sums at auction, making them appealing as tangible investments.
1922 Peace Dollar Values Chart
The value of a 1922 Peace Dollar depends heavily on its condition, mint mark, and any unique characteristics or errors.
| Condition | Philadelphia (No Mint Mark) | Denver (D) | San Francisco (S) |
|---|---|---|---|
| Good (G-4) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Very Good (VG-8) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Fine (F-12) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Very Fine (VF-20) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Extremely Fine (EF-40) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| About Uncirculated (AU-50) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Mint State (MS-60) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
| Mint State (MS-65) | $52.4 – $52.4 | $52.4 – $52.4 | $52.4 – $52.4 |
The Philadelphia Mint struck the most 1922 Peace Dollars and they’re often sold for their bullion melt value. However, coins from the Denver and San Francisco mints are rarer and more valuable, especially in higher grades. Coins in Good to Fine condition will sell for around the melt value of their silver content, while coins in Mint State condition can fetch several hundred dollars or more at auction.
Error Coins and VAM Varieties
Some of the most interesting and valuable 1922 Peace Dollars are those with errors or VAM varieties. VAM stands for Van Allen-Mallis, a classification system that identifies variations in die designs used during the minting process.
- 1922 High Relief: The most valuable 1922 Peace Dollar ever sold at auction is a 1922 High Relief Matte Finish Proof coin. This coin is one of only a few known to exist and holds the record for the most valuable 1922 Peace Dollar. In 2010, this coin was sold for an astounding $109,250.
- VAM 2A “Whisker Jaw”: Features a distinctive die gouge near Lady Liberty’s jaw on the obverse side, giving the appearance of whiskers. These coins are worth $400 to $600 with coins in the highest mint state conditions valued at $1,000 more.
- Die Breaks and Cracks: Coins with visible die breaks or cracks are often classified as error coins and are valued higher than standard issues.
Error Coin and VAM 2A Coin Value Range
| Coin Type | Value (in VG to MS) |
|---|---|
| 1922 High Relief Peace Dollar | $85,000 – $110,000 |
| VAM 2A “Whisker Jaw” | $500 – $1,000 |
| Die Break Error Coins | $250 – $3,000 |
1922 Proof Peace Dollars
Though Proof Peace Dollars were not intended for general circulation, a small number of 1922 Proof Peace Dollars were struck as presentation pieces. These proofs are characterized by their sharp details and a special matte or satin finish that distinguishes them from regular issues.
1922 Proof Peace Dollar Values
| Condition | Estimated Value |
|---|---|
| Proof 60 | $25,000 – $35,000 |
| Proof 65 | $75,000 – $100,000 |
The 1922 Peace Dollar is a key coin in U.S. history, offering collectors a wealth of opportunities to explore its many varieties, conditions, and errors. From circulated pieces worth more than their silver content to rare proofs and VAM varieties commanding high premiums, the 1922 Peace Dollar has something for everyone. Whether you’re a seasoned collector or just starting, adding a 1922 Peace Dollar to your collection can be both a historically significant and financially rewarding endeavor.