How Much Is a 1922 Silver Dollar Worth? (Full Pricing)

Last Updated on July 1, 2022

Many people want to collect a 1922 Silver Dollar, not knowing these coins have low value.

They do not realize that 84,275,000 were produced for this series, making this dollar mintage the highest in American history. 

Continue reading to find out exactly how much is a 1922 silver dollar worth.

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How much is a 1922 silver dollar worth?

Each coin of 1922 Silver Dollar contains 90% of silver so they are worth more than their face value. Nevertheless, the price will depend on the coin you have.

For the 1922 Silver Dollar G-4 condition, you can get $20.13, $20.74 for F-12 condition and $24.13 for EF-40. 

Meanwhile, 1922 S type, expect $20.13 for G-4, $20.74 for F-12 and $24.13 for EF-40 condition.

For the 1922 D type, you can sell it for $20.13 if it’s G-4 condition, $20.74 for F-12 and $24.13 for EF-40 condition.

Generally, the 1922 silver dollar’s price is usually from $18 to $50. But there’s an unmelted piece with an estimated value of $137,776.

Also, in the months of January and February of 1922 there were 11 of a couple of dozen high-relief matte proof 1922 Peace Dollars produced.

Each of these coins has an estimated value of $100,000. One of these coins went under the hammer and was sold for a whopping price tag of $329,000.

1922 P Silver Peace Dollar Uncirculated US Mint

What is the grading system for the 1922 silver dollar?

Coin experts use the PR scale for regular coins. It ranges from 1 to 70. 

  • Poor (P – 1), Fair (FR – 2), and About Good (AG – 3) – Although smooth, these coins are worthless since no visible details can be seen.
  • Good (G-4) – This type of coin is not collectible as heavy wear is noticeable and no fine detail can be seen.
  • Very good (VG-8) – Although heavily worn out there are visible details on this coin.
  • Fine (F-12) – Wear and tear are evident to this coin but details within Liberty’s hair are clearly visible.
  • Very fine (VF-20) – Parts of the eagle feathers are visible and Liberty’s hair is worn out but there are some well-defined hair strands.
  • Extremely fine (EF-40) – You will notice on this coin that the eagle’s feathers are visible although a bit faint and the hair lines are slightly worn.
  • MS 60 uncirculated (MS-60) – This coin is shiny but there are a few marks, stains and abrasions on the surface of the piece.
  • MS 65 gem uncirculated (MS-65) – This coin has an appealing quality with barely noticeable contact marks.
  • Perfect (MS-70) – This is a good collectible piece. On a microscopic scale with 8x zoom,it is an entirely flawless coin. 
  • Proof (PR – 65) – Like the MS scale, the PR scale for proof coins ranges from 1 to 70. These coins can usually be found in cases or sets and they are highly collectible.

1922 Peace Dollar and 2022 Silver Eagle 100 Year Silver Dollar Set in Specialty Felt Lined Black Box XF+, Uncirculated

Is a 1922 silver dollar rare?

One extremely rare type of an 1922 silver dollar is the 1922 High Relief Peace Dollar.

Most 1922 Peace dollars are Normal Relief so their features are not as sharp as the High Relief Peace Dollar.

1922 P Silver Peace Dollar Uncirculated US Mint

What is the error on the 1922 silver dollar?

In 1922, workers at the Philadelphia mint failed to recognize a deteriorating die as a result the reverse side resulted in a blob of metal above the word DOLLAR and below the eagle. 

This die error is very popular with coin collectors and is one of the Top 50 VAM varieties for Peace silver dollars.

Another error is known as die break at ear. The mint workers at the Philadelphia mint failed to realize that the obverse die was deteriorating and starting to crack. It started to appear just behind Lady Liberty’s ear.

Coin experts refer to this die error as the “Ear Ring” variety and is considered one of the Top 50 VAM’s for Peace silver dollars.

Jackie Palmer is a Houston-based coin journalist and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist, managing blogs and social channels for local stores. Jackie mostly collects and studies US coins produced during the 20th century and over the years, published hundreds of articles for multiple coin publications.