Peace Silver Dollar

United States of America · 1922

A heavily worn and damaged United States silver dollar featuring Liberty on the obverse and an eagle on the reverse. Notable for a large horizontal slot cut through the top of the obverse.

Country: United States of America
Year: 1922
Denomination: One Dollar ($1 USD)
Metal: 90% Silver, 10% Copper

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

Identified May 31, 2026More united states of america coins →

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Overview

A heavily worn and damaged United States silver dollar featuring Liberty on the obverse and an eagle on the reverse. Notable for a large horizontal slot cut through the top of the obverse.

Historical significance

The Peace Dollar was minted to commemorate the end of World War I. Designed by Anthony de Francisci, it replaced the Morgan Dollar and symbolizes the nation's desire for peace.

Obverse (front)

A profile of Lady Liberty facing left, wearing a radiate crown. The word 'LIBERTY' is above and the date '1922' is below. The motto 'IN GOD WE TRVST' is split by her neck. A slot has been cut through the word LIBERTY.

Reverse (back)

An eagle perched on a rock, clutching an olive branch, watching the sunrise. The word 'PEACE' is at the bottom. Legends include 'UNITED STATES OF AMERICA' and 'E PLURIBUS UNUM'.

Estimated value

$20-$25 (Melt value only). Due to the severe damage (the slot cut) and heavy wear, the coin has no numismatic premium and is valued solely for its silver content.

What drives this coin's value

Condition and precious metal spot prices. For this specific coin, the severe physical damage (slot) is the primary factor limiting its value to the price of silver.

Grade assessment

Details / Damaged. The wear is heavy (comparable to 'Good' or 'About Good' (G-4/AG-3)), but the slot cut and heavy scratches make it a 'damaged' or 'cull' coin.

Mintage & rarity

51,737,000 (Very Common). 1922 is the highest mintage year for the series.

Authenticity & counterfeit red flags

Check for weight and diameter. Verify the 90% silver ping (resonance) and ensure the metal is non-magnetic. Counterfeits of common 1922 dollars are less frequent than high-value dates like 1921 High Relief or 1928.

Notable varieties & errors

VAM varieties (die marriages) exist, but are generally not relevant for coins in this level of damaged condition unless they are extreme errors produced by the mint (which this is not).

Similar coins

Often confused with the Morgan Silver Dollar (1878-1921), though the Peace Dollar has a more modern, Art Deco design style.

Care & preservation

This coin is already severely damaged. No further cleaning is recommended as it will not improve the value. Store in a dry place to prevent further environmental tarnish.

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