Peace Dollar Value Guide

The 1922 Peace Dollar is a significant numismatic piece, marking the first full year of production for the last silver dollar minted for US circulation. Designed by Anthony de Francisci to commemorate the end of World War I, this coin is highly collectible for its high silver content and its role in transitioning American coinage away from the Morgan design.

What Is Peace Dollar Worth?

The typical price range for Peace Dollar is $30 - $40 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The current market price of silver bullion, as each coin contains 0.77344 troy ounces of pure silver.
• The presence of a mint mark, with 1922-D and 1922-S versions often carrying different premiums than the Philadelphia strike.
• The preservation of the 'high relief' details, particularly in the hair of Liberty and the feathers of the eagle.
• Surface condition and luster, as coins with heavy bag marks or signs of cleaning are valued closer to their base silver weight.

How to Identify Peace Dollar?

• Verify the 90% silver and 10% copper composition, which should weigh approximately 26.73 grams.
• Look for the designer's monogram 'AF' located on the obverse just above the date.
• Check the reverse for the word 'PEACE' inscribed on the rock upon which the eagle rests.
• Examine the mint mark (if present) above the eagle's tail feathers; 'S' for San Francisco or 'D' for Denver, while no mark indicates Philadelphia.

History of Peace Dollar

The Peace Dollar was originally meant to commemorate the end of World War I. Its initial design sparked controversy as the eagle on the reverse was depicted breaking a sword. This was interpreted by many as a symbol of defeat rather than peace, leading to a quick redesign. The coin's production ended prematurely in 1928 due to a lack of demand and the depletion of silver bullion, but it was briefly revived in 1934 and 1935.