1922 Peace Dollar Value
On Jan. 25, 2018, this 1922 Peace Dollar with rainbow toning sold with an $8,812.50 bid, more than $8,400 above its $400 retail price, according to PCGS.
Peace dollars do not tone the way Morgan dollars do, in fantastic rainbow and circus colors. So any Peace dollar that contains rainbow toning, like the one that sold for almost $9,000 at Legend’s Regency Auction XXV, is sure to attract bids.
Exceedingly Rare 1922 Matte Proof Dollar 1922 $1 Matte Low Relief PR65 NGC. Low Relief 1922 proof Peace dollars are known in two finishes: Satin and Sandblast. According to Walter Breen, at least eight of the Satin finish coins and a documented two of the Sandblast ones were struck by or for Chief Engraver George T. 1922-D Peace Dollar pictures, facts, specifications, value and information for the United States coin collector. Value for 1922-D Peace Silver Dollar. Peace Dollars (1921-1935). 1922 LOW RELIEF 1922 LOW RELIEF $. The utilization of this report as a tool for assessing the population and value of certified. Super rare error coin worth money! This 95 year old coin was found, and the error was spotted by a collector that many people missed. They now possess an ama.
Before the auction, Legend estimated the value at $750 to $850, writing:
“You have likely NEVER seen a Peace dollar of any date toned like this! At the top of the obverse a narrow band of rainbow iridescence then blends to wider bands of violet, gold and light blue. The luster is about as brilliant as can be expected for a 22 Peace and the strike sharp and complete throughout. …”
Impurities in silver can trigger patina. Some 270 million Morgan dollars were melted according to tenets of the 1918 Pittman Act, with about 11 million melted silver dollars used to generate U.S. coinage, including Peace dollars. Perhaps that mixture had something to do with general lack of toning in the 1921 to 1935 series.
But as an observer of online auctions, I can tell you that, for the Peace dollar, the issue most likely to tone well is from 1922. I have seen several, though not as spectacular as the Legend coin. I even own a toned MS-65 1922 example, which you can view here.
You can usually find toned Peace dollars in online estate sales, especially if those coins were kept in albums. I just won two 1922 coins and one 1923 in such an auction for less than $200, and PCGS just slabbed them at MS-63 and MS-64. Though not as lovely as the Legend specimen or my gem 1922 coin, these surely will bring a premium when I consign them in auction, especially since they will have TrueView imaging — a good investment if you keep your coins in a bank box like I do.
Early Silver Dollars
What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):
Most 1922 Peace Dollars were produced with a Normal Relief design as is the one depicted above in the example image. 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.
A small number of 35401 High Relief 1922 Peace dollars were produced but most of them were later melted down - resulting in only a handful of around 10-12 high relief coins (mostly all matte proofs) to survive. More information and analysis about this rare high relief variety can be found below:
Major Variety and Detailed Analysis:
1922 High Relief Peace Dollar
| 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) |
|---|---|---|---|---|---|---|---|---|
| $28 | $31 | $36 | $42 | $42 | $44 | $52 | $171 | $80,449 |
USA Coin Book Estimated Value of 1922 Peace Silver Dollar (Normal Relief Variety) is Worth $31 in Average Condition and can be Worth $52 to $171 or more in Uncirculated (MS+) Mint Condition. Proof Coins can be Worth $80,449 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
133 items found
1922 Peace Dollar Value Chart
- Seller: allthatisleft
Condition: Cull - $29.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55 - Seller: Cardinals20102010
Certification Agency: ICG
Condition: MS64 - $29.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-57 - Seller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: BU - $35.00
- $35.00
- 1922 and 1923 Peace are MS63 and the 1879O Morgan is EF45Seller: myersw
- $46.00Seller: TaddsCoins
Certification Agency: Other
Certification Number: Raw
Condition: AU-50 - $29.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55 - $28.00
or Best OfferSeller: ColoradoCoinage
Condition: Very good, slot machine scratch on obverse - $70.00Seller: TaddsCoins
Certification Agency: Other
Condition: MS-63 - $69.00Seller: TaddsCoins
Certification Agency: Other
Certification Number: Raw
Condition: MS-63 - Great Luster and Detail, Good coin for someones collection.Seller: TaddsCoins
Certification Agency: Other
Certification Number: Raw
Condition: MS-63 - Seller: tecoins
Condition: MS62 - Seller: tecoins
Condition: MS62 - Seller: tecoins
Condition: MS61 - Seller: HJMSR747
Certification Agency: PCGS
Certification Number: 34941868
Condition: MS-61 - $68.00
Free ShippingSeller: CoinsExplorer
Certification Agency: NGC
Certification Number: 123158-006
Condition: MS64 - Seller: AMCoinshop
Condition: BRILLIANT UNCIRCULATED - $28.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55 - 90% Silver - The coin shown in the photos is the exact coin you'll receive.Seller: upnorthcoins
Condition: AU-50 - $29.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55 - $29.50
Free ShippingSeller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55 - Seller: mjkcoins
Certification Agency: Other
Certification Number: RAW
Condition: AU-55