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The Global Insight

What is the error in the 1922 Peace Dollar?

Author

John Hall

Updated on April 11, 2026

Mint workers at the Philadelphia mint in 1922 failed to recognize a deteriorating die. The crack in the die on the reverse side resulted in a blob of metal below the eagle and above the word DOLLAR. This variety is easily recognizable without the aid of any magnification.

How much is a 1922 $1 piece worth?

The normal relief 1922 silver dollar with no mint mark is worth around $25 in very fine condition. In extremely fine condition the value is around $27. In uncirculated condition the price is around $30 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $110.

How much is a 1922 peace silver dollar worth?

1922 Peace Silver Dollar Value. Your 1922 Peace silver dollar value, currently worth a minimum of $14.09 today, is well above its silver melt price. Recognizing your coin is “uncirculated” in condition, versus one with wear to the surface, is important to an accurate appraisal of even higher value.

What kind of coin is 1921 Peace silver dollar?

Therefore, the 1921 Peace silver dollar is a one-year design type coin. Coins are minted using a tremendous amount of pressure. The larger the coin is, the more pressure that must be used to strike it. Mint workers at the Philadelphia mint in 1922 failed to recognize a deteriorating die.

What is the inscription on a 1922 silver dollar?

Look for lively luster, a full strike, and minimal marks. The obverse text on the Peace Dollar reads “Liberty; In God We Trvst (Trust); 1922.” The reverse text on the silver dollar reads “United States of America; E Pluribus Unum; One Dollar; Peace.”

Who was the creator of the Peace dollar?

The Peace dollar, designed by Anthony de Francisci, depicts a representation of Miss Liberty on the obverse and an American bald eagle perched atop a rock and looking at a sunrise. Most Peace dollars bearing the 1922 date feature the lower relief design, but the U.S. Mint reported striking 35,401 Peace dollars in 1922 with a high relief.