Peace Dollar

Brief Description

The obverse of the coin features a left-facing profile of Lady Liberty wearing a radiate crown. The word "LIBERTY" is inscribed above her head, and the date "1922" is below her neck. There's a noticeable slot or hole cut into the top edge of the coin, above Liberty's head.

Historical Significance

The Peace Dollar was minted from 1921 to 1928, and again in 1934 and 1935, to commemorate the end of World War I. Its design symbolizes peace, with Lady Liberty (representing America) wearing a radiating crown, and the reverse featuring an eagle at rest. The 1922 mintage is historically significant as one of the highest mintage years for the series, indicating its broad circulation during the post-WWI era.

Estimated Value

The value of this particular 1922 Peace Dollar is significantly diminished due to the damage (the slot cut into it). While an undamaged 1922 Peace Dollar in average circulated condition (Good to Fine) might range from $25 to $40+ (as of late 2023/early 2024, dependent on silver spot price and specific condition), this damaged example would primarily be valued for its silver content, which is approximately $18-$20 at current silver prices for 0.77344 troy ounces of silver. As a collectible coin, its numismatic value is severely compromised, making it worth considerably less than its undamaged counterparts.

Care Instructions

Given that this coin is already damaged, typical numismatic care instructions (avoiding cleaning, handling by the edges, etc.) are less critical if its primary value is its silver content. However, to preserve its current state (if considered a sentimental item or for a specific collection of damaged coins), it should still be stored in an inert holder (like a non-PVC flip or slab) to prevent further environmental degradation or scratching. Avoid abrasive cleaning, as it won't restore its numismatic value and might further damage the surface.

Created At: 2025-10-29T20:40:44.680704