What is the value of a 1922 US dollar coin?

Answer 1

1922 US One Dollar Coin

Updated 01/2009 to remove old valuations based on $4/oz silver ...

If you have a large (38 mm) silver dollar, 1922 is the most common date for Peace Dollars. The mint mark in on the tail side below the word ONE. The number of coins minted for your coin year is 51,737,000. PLEASE do not polish it. This will reduce the value greatly.

The value of a 1922 Peace Dollar is based upon the fact of the "Relief", which is the extent to which the image on the coin is raised above the background.

A Normal relief coin (the most common variety) will be priced between $17.00 and $175.00 according to wear. A mint state or proof coin can bring as much as $60,000.00.

A high relief coin that shows little wear will appraise at $2,500.00 while a near perfect condition specimen will be at $50,000.00-$75,000.00. Remember that this is for a "High Relief" Peace Dollar.

If you have a small gold dollar, it is a commemorative Grant Memorial Dollar. There are varieties with and without a star over Grant's name which makes a difference in the price for some grades. Even if it shows a bit of wear, it is listed at $1500. $1800 if uncirculated, and if certified as MS-65. In MS-67, with the star it lists at $5500 and without it at $8000.

In God We Trvst

Many people wonder about the "Trvst" spelling on the motto.

TRVST is the normal spelling for all Peace Dollars (as well as other coins from that time period). It is NOT an error.

The use of V for U was an affectation of the time period, when designers were very fond of old Roman styles. The Latin alphabet did not have a separate letter for U; V served as a consonant, vowel, AND a number (!) You had to tell the uses apart by context. The say was true for the letter I, which also served as the consonant that we call J. The letters U and J were not commonly used until the Middle Ages.