History, Information, and Value of 1922 Proof Peace Dollar
1922 Proof and High Relief Peace Dollars
In addition to the common regular strikes, there are a handful of other 1922 proof and high relief Peace dollar varieties to at least be aware of. They are rare to the point that it is extremely unlikely you would have one or ever even see one.
The first variety is called a high relief Peace dollar. This variety is not widely known, nor is it included in many collections because of its rarity and value. It is discussed here for the sake of completeness. Trial pieces of high-relief 1922 Peace dollars were struck at the Philadelphia Mint in January 1922 and nearly all 35,401 of these coins were later melted. Only one coin with the 1922 high-relief obverse and 1921 reverse has been located. Collectors considering any alleged 1922 high-relief Peace dollar should have the coin authenticated. You almost certainly have a regular strike 1922 $1 coin, hence why an expert would need to verify otherwise.
The second variety is a 1922 high relief proof. Probably only 10-20 relief Proofs were made in 1922. Both sides of the high relief 1922 Peace dollars were probably made by reworking certain elements of the high relief 1921 Proof Peace dollars. On the 1922 Proofs the tip of Liberty’s bust engages the top of the 9 in the date. These Proofs are relatively new to numismatics, most of them debuting in the early 2000s. As such, research on these issues is ongoing with new facts added to the information pool whenever an example comes up for study. These silver dollars are very rare and seldom offered in any venue, privately or at public auction. Stack’s Bowers Galleries offered a pair of Proof 1922 Peace dollars in the not-so-distant past but they did not meet the reserve. It is thought that 11 High Relief Sand-Blast Proofs of the date are available to collectors though only the most ardent Peace dollar enthusiasts are apt to pursue these very rare Proofs. There is an antiqued finish Proof-64 example of the date that is unique to our knowledge.
The third variety is a regular relief proof. It is thought that only 10-20 were minted. The numbers speak for this elusive issue. It would be unusual to find one out in the wild today. A few other varieties exist. They are mostly made up of unique combinations of finish styles, mulings, and trials.
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.” The obverse of the coin has a bust of a female facing the left with a pointed crown and flowing hair. The reverse of the Peace Dollar has an eagle sitting on a rock in the center with rays in the background.
The Peace Dollar series is very popular among collectors. If you have a Peace Dollar that you would like to sell, please contact our experts at Coinappraiser.com and they would be happy to assist you. We run rare coin auctions. If you keep asking yourself: “What is my coin worth” then we invite you to use our online coin price guide. Contact us today to sell your coin!