The value of a 1922 silver dollar varies significantly based on several key factors. These include its mint mark (or lack thereof), its condition, and current market demand. Coins in circulated condition, showing signs of wear, generally command a lower price than uncirculated examples. For instance, a well-worn 1922 Peace silver dollar might only be worth its silver content plus a small premium, while a pristine, uncirculated specimen could fetch a considerably higher sum from collectors.
Understanding the factors influencing the monetary worth of these coins is crucial for both numismatists and individuals possessing them. The Peace dollar, minted from 1921 to 1935, represents a significant period in American history, commemorating the end of World War I. Its silver content contributes to its intrinsic value, providing a base price, but the coin’s condition and rarity often drive the price far beyond its melt value. Certain mint marks, such as the 1922-D (Denver) and 1922-S (San Francisco), can also affect collectibility.