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1922-D $1 Peace Dollar

4.8 out of 5 stars61 product ratings

About this product

Product Information

Ron Guth
The 1922-D is the most common of all the Peace Dollars made at the Denver Mint. It's mintage of 15+ million is more than double that of the next closest (1923-D at 6+ million) and almost 12 times that of the lowest mintage Peace Dollar (1927-D). The vast majority of survivors are fairly equally distributed among the MS-63 and MS-64 grades. In MS-65, the 1922-D Peace Dollar becomes scarce. MS-66 examples become very scarce to rare and MS-67 examples are extremely rare.
The strike characteristics of the 1922-D are not as strong as on the P-Mints, and that tends to be true for an D-Mint Peace Dollar. However, fully struck examples are available and are worth a premium over softly struck coins.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1922-D Peace Dollars for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."
Q. David Bowers
The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993).

Coinage Context

Initial issue: The 1922-D, the first Peace dollar issue struck at the Denver Mint, also had the highest Denver mintage of any date of the design. At the time, the Denver Mint had excellent facilities, was closer to newly-mined silver than Philadelphia, and was the logical mint to strike large quantities of the denomination.

Numismatic Information

Hoard coins: Although many if not most 1922-D dollars were released into circulation during the decade of their mintage, the production quantity was sufficiently large that if even 25% were held back, this amounted to millions of coins. Bags of 1922-D dollars were available on the market in the 1940s and very early 1950s. No one paid much attention to this date, and most languished in bank vaults or were paid out for use in circulation (in the West) or in gambling casinos. Bags of 1,000 Uncirculated coins were still readily available in 1953 and 1954, and wholesaled for about $100 to $150 above face value, but most holders of bags found that even the larger dealers in silver dollars were apt to want to buy just a few rolls at a time.

In the late 1980s and early 1990s a hoard of 50 bags (50,000 coins) began to be marketed. Dwight Manley examined them and found that the average bag of 1,000 coins contained Mint State examples approximately as follows: MS-66: 5 coins; MS-65: 70; MS-64: 200; MS-63: 225; MS-60 to MS-62: 500.(Letter to the author, July 6, 1992.)

John Highfill's Encyclopedia, 1992, p.1145, notes that "Uncirculateds are often heavily bagmarked, well-struck bags are available," which I take to mean that Uncirculated coins, when seen, are often with heavy bagmarks, and that bags of coins (with heavy bagmarks on the coins?) are in existence and contain coins that are well struck.

Circulated grades: The 1922-D is readily available in worn grades up to and including AU. Apparently, most were released into circulation shortly after they were minted. Among worn Peace dollars in VF-20 to AU-58 grades, the 1922-D is the commonest branch mint issue.

Mint State grades: Uncirculated pieces are common, but most exist in lower grade levels from MS-60 to MS-63. Bagmarks are plentiful on typical coins in these grades. MS-64 and MS-65 pieces are harder to find but still constitute the commonest branch mint Peace dollars at these grade levels.

Some coins have a bright-grainy surface (Wayne Miller and John Highfill call it "orange peel") possibly due to die resurfacing with a wire brush, or possibly to die wear. Some dies were employed beyond their useful life; coins struck from these show extensive die breaks, particularly on the obverse

Product Identifiers

Designer
Anthony DE Francisci
eBay Product ID (ePID)
170402284

Product Key Features

Strike Type
Business
Mint Location
Denver, Colorado, Denver
Composition
90% Silver, 10% Copper
Year
1922

Dimensions

Weight
26.73g

Additional Product Features

Mintage
1563
EDGE
Reeded
Mint
Denver
Denomination
$1
PCGS Number
7358
Diameter
38.1mm
Mint Mark
D

All listings for this product

item 1 1922-D $1 Peace Dollar
$30.00
+$5.00 shipping
item 2 1922-D $1 Peace Dollar
$37.50
+$3.99 shipping
item 3 1922-D $1 Peace Dollar Gem AU K17028
$50.00
+$3.50 shipping
item 4 1922 D-Mint $1 Peace Silver Dollar BU Gem Beauty Rare Superb Luster No S/H *2736
$159.95
Free shipping
item 5 1922-D $1 Peace Dollar
$200.00
+$19.99 shipping
item 6 1922-D $1 Peace Dollar
$30.00
item 7 1922-D $1 Peace Dollar Xtra Fine
$38.00

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4.8

4.8 out of 5 stars based on 61 product ratings

61 product ratings

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Good value

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Most relevant reviews

See all 31 reviews

5 out of 5 stars
by diggersellerOct 15, 2015
Great investment, wonderful pieces of history
Morgan and peace dollars are a great way to invest in silver, and it's even better when you can get them for a bundle deal. Not only are they precious metals, but also historic examples of antique Americana. They make great display and conversation pieces, as well as something to have financial confidence in. Highly recommended, and keep an eye out for unusually low prices in new listings!
Verified purchase: Yes
5 out of 5 stars
by yar48-2009Jun 06, 2016
Silver is real money
All fiat currencies of the past have collapsed and passed away, The only real money that endures is the same money that has been around for thousands of years, Gold and Silver. That has not changed. The world is becoming more and more unsure, The old coins of the past are not just silver, they also have value as a coin that is why they sell for over the spot silver price, I think that soon silver will again increase in value to a great degree.
Verified purchase: Yes
5 out of 5 stars
by gcra2045Apr 18, 2016
Very nice coin!
I love old coins especially the Peace Silver Dollar and the Morgan Silver Dollar. This is a very nice coin to be nearly 100 years old.
Verified purchase: Yes
5 out of 5 stars
by craftsm1nOct 10, 2018
Nice addition to my collection
High quality at a fair price
Verified purchase: Yes
5 out of 5 stars
by lindalexande28Oct 13, 2018
great item
description match & good price
Verified purchase: Yes

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1922-D $1 Peace Dollar

About this product

Product Information

Ron Guth

Q. David Bowers

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 1922-D $1 Peace Dollar

item 2 1922-D $1 Peace Dollar

item 3 1922-D $1 Peace Dollar Gem AU K17028

item 4 1922 D-Mint $1 Peace Silver Dollar BU Gem Beauty Rare Superb Luster No S/H *2736

item 5 1922-D $1 Peace Dollar

item 6 1922-D $1 Peace Dollar

item 7 1922-D $1 Peace Dollar Xtra Fine

Ratings and Reviews

Most relevant reviews

Great investment, wonderful pieces of history

Silver is real money

Very nice coin!

Nice addition to my collection

great item

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