To a collector the coin is worthless to them since there is no date. However, you do have a coin that is worth money. It is worth as of today (10/24/10) $17.98. What you have is a silver dollar that is 0.77344oz of silver. To figure out how much you coin is worth in silver just multiply the price of silver ($23.25 today's price) by the oz of the coin. So in your case 23.25x0.77344
silver dollar=0.77344
pre 64 half dollar= 0.36169
pre 64 quarter=0.18084
pre 64 dime=0.07234
wartime silver nickel=0.05626
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The Morgan Silver Dollar can range from $25 to $70, and the Peace Silver Dollar from $50 to $300.
The first Peace dollars were struck in 1921.
Year: 1922D Mintage 15,063,000 Numismatic Value Range: $14 - $400$8.6870102468 is the total melt value for the 1921-1935 silver Peace dollar on January 16, 2009.ref:http://www.coinflation.com/coins/1921-1935-Silver-Peace-Dollar-Value.html
The last Peace dollar was issued in 1935 so it can't be a 1942 Peace dollar. Look at the coin again and post new question.
No US silver peace dollars were struck in 1929 or 1930.