Peace Dollar Series · Philadelphia & San Francisco & Denver · 90% Silver

1922 Peace Dollar Value, Error list & Coin Identifier App

The highest-mintage Peace Dollar year — and home to the famous VAM12A Moustache die crack variety.

51.7M+

Philadelphia Minted

90%

Silver Content

$5,000+

Top Error Values

4

Major Error Types

Contents

The 1922 Peace Dollar stands as the flagship issue of the entire Peace Dollar series — struck in massive quantities across three mints to satisfy post-World War I demand for a new silver dollar design. Designed by sculptor Anthony de Francisci, the coin's obverse features Liberty in a radiant crown while the reverse showcases a bald eagle at rest on an olive branch. For comprehensive certified population data and auction records, PCGS CoinFacts maintains a complete 1922 Peace Dollar reference with grade-by-grade pricing and population reports.

1922 Peace Dollar at a Glance

  • Composition: 90% silver, 10% copper
  • Weight: 26.73g — reeded edge
  • Diameter: 38.1mm — Thickness: 2.4mm
  • Designer: Anthony de Francisci
  • Mint marks: None = Philadelphia; D = Denver; S = San Francisco
  • Total mintage: ~84.6 million across all three mints
  • Silver value: ~$20+ melt value (spot-dependent)
  • Notable variety: VAM12A "Moustache" die crack

For most collectors, a 1922 Peace Dollar in circulated condition is an affordable and historically significant coin. However, the high-mintage year also produced a variety of fascinating mint errors and VAM varieties that command substantial premiums. The 1922 peace dollar value guide at CoinValueApp provides current market pricing across all grades and mint marks, updated regularly with recent auction results.


Quick Value Check

Three questions to answer before diving deeper

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Check for Die Cracks

Look for raised lines across Liberty’s face, especially on the upper lip. The VAM12A “Moustache” is the most prized die crack variety on 1922 Peace Dollars.

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Assess the Grade

Mint State examples are where value accelerates. A 1922 Peace Dollar in MS-65 can bring $200–$400; MS-67 examples have sold for thousands at auction.

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Identify the Mint Mark

No mark = Philadelphia (most common). D = Denver; S = San Francisco. The 1922-S and 1922-D carry modest premiums over Philadelphia in higher grades.

What You See Likely Scenario Estimated Value Next Step
Raised line across Liberty’s lip VAM12A Moustache ⭐ $115–$1,500+ Attribute and grade (PCGS/NGC)
Strong doubling on date or LIBERTY Double Die variety $100–$4,000 Authenticate & variety-attribute
Design missing on one side, blank curve visible Off-Center Strike $75–$5,000+ Measure % off-center; confirm date visible
Peeling, split, or delaminating surface Defective Planchet $50–$2,500 Weigh coin; check for lamination
Full luster, MS-65 or better Premium Mint State $200–$5,000+ Submit for grading
Worn silver, circulated condition Common circulated $22–$35 Keep for type / date sets

Varieties & Mintage

Three mints struck 1922 Peace Dollars — Philadelphia dominated production

Variety Mint Mark Mintage Rarity Key Notes
1922 (P) None 51,737,000 Common Highest mintage Peace Dollar; home of VAM12A
1922-D D (Denver) 15,063,000 Moderate Small premium in MS-65+; some die crack varieties
1922-S S (San Francisco) 17,475,000 Moderate Slightly better luster potential; desirable in gem grades

Value by Grade

Market estimates based on recent auction records — prices may vary by surface quality

Grade 1922 (P) 1922-D 1922-S
VF-20 (Very Fine)$22–$28$24–$30$24–$30
EF-40 (Extremely Fine)$28–$35$30–$38$30–$38
AU-58 (About Uncirculated)$40–$55$45–$65$45–$65
MS-62 (Mint State)$50–$70$55–$80$55–$80
MS-64 (Choice BU)$85–$120$95–$140$95–$150
MS-65 (Gem BU)$200–$350$250–$400$280–$450
MS-66 (Premium Gem)$600–$900$750–$1,200$800–$1,400
MS-67 (Superb Gem)$3,000–$8,000+$4,000–$10,000+$5,000–$12,000+

1922 Peace Dollar Error List with Pictures

Four major error types — each with identification tips and current market values

Error #1: Die Crack — Including the Famous VAM12A "Moustache" ⭐

Most common 1922 Peace Dollar error — ranges from hairline cracks to dramatic branching patterns

1922 peace dollar die crack error

1922 Peace Dollar die crack — raised line visible across Liberty’s face

Die crack errors on 1922 Peace Dollars occur when cracks develop in the die from repeated striking pressure. These cracks transfer to the coin surface as raised lines, ranging from thin hairline cracks to prominent branching patterns. The most famous variety is the VAM12A "Moustache," where a die crack creates the appearance of a moustache on Lady Liberty's upper lip.

Die cracks can appear anywhere on the coin but are most commonly found through the date, across Liberty's face and neck, along the rim, and through reverse lettering. Rim-to-rim cracks running the full diameter of the coin are particularly desirable to collectors.

🔍 Identification Tips:

  • • Examine coin under magnification for raised (not incused) lines
  • • Check common locations: through date, across face, along rim
  • • Look for the distinctive "moustache" on Liberty's upper lip (VAM12A)
  • • Die cracks are raised on the coin, not scratched into the surface

Value Range:

Common hairline cracks: $35–$75 • Prominent cracks: $100–$500 • VAM12A Moustache: $115–$1,500+ depending on grade

Error #2: Defective Planchet — Lamination, Splits & Impurities

Flaws in the blank metal before striking — from minor laminations to dramatic splits

1922 peace dollar defective planchet error

1922 Peace Dollar defective planchet — lamination flaws visible beneath the design

Defective planchet errors occur when coins are struck on flawed blanks that have imperfections created during the planchet preparation process. These defects include lamination flaws, metal impurities, improper thickness, cracks, splits, or surface irregularities that develop before the striking process begins.

Common types include lamination errors where metal layers separate or peel due to impurities trapped during rolling, planchet cracks from improper annealing, wrong-thickness planchets, and split planchets where the blank separates into layers. The severity and visibility directly impact collector value.

🔍 Identification Tips:

  • • Check for areas where metal layers are separating or peeling
  • • Look for discoloration or uneven surfaces indicating impurities
  • • Weigh the coin — normal 1922 Peace Dollar = 26.73g
  • • Planchet defects appear beneath the design, not above it

Value Range:

Minor lamination flaws: $50–$150 • Moderate defects: $150–$400 • Dramatic splits: $400–$1,200 • Extreme defects: $1,000–$2,500+

Error #3: Off-Center Strike — Misaligned Planchet at Striking

High visual impact errors — value increases dramatically with % off-center and date visibility

1922 peace dollar off-center strike error

1922 Peace Dollar off-center strike — blank curved area visible, date still readable

Off-center strike errors occur when the planchet is not properly centered between the dies at the moment of striking. This misalignment results in part of the design being missing and a blank, curved area visible on one side of the coin. The percentage off-center determines the error's dramatic appearance and collector value.

For 1922 Peace Dollars, off-center strikes are highly desirable when the date and mint mark remain visible. Collectors particularly prize examples struck 30% to 50% off-center that retain the full date. Both obverse and reverse should show consistent off-center alignment to confirm a genuine mint error.

🔍 Identification Tips:

  • • Look for a blank, curved area on one side of the coin
  • • The design should be cleanly cut off, not worn away
  • • Confirm the date and mint mark are visible
  • • Measure the percentage off-center using the rim as reference
  • • Both sides should show consistent alignment

Value Range:

Minor 5–10%: $75–$200 • Moderate 15–25%: $250–$600 • Dramatic 30–50% with date: $800–$3,000 • 50%+ with date: $2,000–$5,000+

Error #4: Double Die — Hub Doubling on Date & Lettering

Less common than die cracks — strong examples on 1922 Peace Dollars command significant premiums

1922 peace dollar double die error

1922 Peace Dollar doubled die — separation visible on date numerals under magnification

Double die errors occur when the dies receive multiple, misaligned impressions from the hub during die creation. This results in a doubled appearance of design elements on the finished coin. While 1922 Peace Dollars are not as famous for doubled dies as some other series, minor doubling can occasionally be found on dates and lettering.

True doubled dies show complete duplication of design elements with clear separation between the original and doubled image. Look for doubling on the date digits, LIBERTY text, and IN GOD WE TRUST motto. The doubling should appear as a shadow or outline rather than a shelf-like extension, which would indicate mechanical doubling of lesser value.

🔍 Identification Tips:

  • • Examine date, LIBERTY, and motto under strong magnification
  • • Look for complete doubling with clear separation between impressions
  • • True doubled dies show rounded, complete duplication — not flat shelves
  • • The doubling should be consistent across all affected areas

Value Range:

Minor doubling: $100–$300 • Moderate on date or LIBERTY: $400–$1,200 • Strong, dramatic doubling: $1,500–$4,000+


Recent Auction Results

Verified public auction records — establishes real market benchmarks

Coin Grade Sale Price Auction House Date
1922 Peace Dollar MS-67PCGS MS-67$7,800Heritage Auctions2023
1922-S MS-67NGC MS-67$11,500Heritage Auctions2022
1922 VAM12A MoustachePCGS MS-64$1,320GreatCollections2023
1922-D MS-66PCGS MS-66$1,080Stack’s Bowers2024
1922 Off-Center Strike (30%)Raw / VF Details$960Heritage Auctions2022
1922 Lamination ErrorNGC AU-58$420GreatCollections2023
“The 1922 Peace Dollar’s massive mintage created more die variety opportunities than any other Peace Dollar year — making it simultaneously the most common and the most extensively studied date in the series.”

Identify Your 1922 Peace Dollar with CoinKnow

Detect die cracks, VAM varieties, and off-center strikes in seconds

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Snap Both Sides

CoinKnow instantly analyzes obverse and reverse, detecting die cracks, laminations, and off-center percentages with a single photo.

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VAM & Error Detection

Automatic matching against known VAM varieties including the VAM12A Moustache, plus detection of hub doubling vs. mechanical doubling.

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Get Instant Value

Sheldon Scale grade within 2 points, mint mark identification, and real-time auction comparisons from Heritage, Stack’s Bowers, and GreatCollections.

Pro Workflow: 1922 Peace Dollar Evaluation Steps

1.Photograph obverse under raking light — check Liberty’s upper lip for die cracks (VAM12A)
2.Check for mint mark below the eagle on reverse — confirm P, D, or S
3.Examine date and LIBERTY under 10x magnification for hub doubling
4.Weigh the coin: 26.73g = normal; deviation may indicate planchet error
5.Use CoinKnow to match against VAM database before submitting to PCGS/NGC
6.Submit any coin potentially worth $100+ to PCGS or NGC for certification

Frequently Asked Questions

Common questions about 1922 Peace Dollar errors and values

What are the most common 1922 peace dollar errors?

The most common 1922 peace dollar errors include die cracks, defective planchets, off-center strikes, and double die varieties. Die cracks appear as raised lines on the coin surface, while defective planchets show lamination flaws, splits, or metal impurities. Off-center errors occur when the planchet is not properly centered during striking, and double die errors show doubled images in design elements. Use CoinKnow to identify and value these errors accurately.

How much is a 1922 peace dollar with a die crack worth?

Most 1922 peace dollar die cracks add minimal value, typically $35 to $75 for common hairline cracks. However, prominent or dramatic die cracks, especially those affecting major design elements, can be worth $100 to $500 or more. The VAM12A "Moustache" variety — a die crack creating the appearance of a moustache on Liberty's upper lip — commands $115 to $1,500+ depending on grade.

What makes an off-center 1922 peace dollar valuable?

The value of an off-center 1922 peace dollar depends primarily on the percentage off-center and whether the date remains visible. Minor off-center strikes (5-10%) are worth $75 to $200, while dramatic examples (30-50% off-center) with full date visible can command $500 to $3,000 or more. The most valuable are those struck 50% or more off-center with the date still showing.

How can I identify a double die error on a 1922 peace dollar?

To identify a double die error on a 1922 peace dollar, examine the date, LIBERTY, and other lettering under magnification for doubled images. Look for separation between the original and doubled impression, which appears as a shadow or outline. True doubled dies show complete duplication of design elements — not the shelf-like extensions of mechanical doubling, which carries no collector premium.

Are all 1922 peace dollar errors valuable?

Not all 1922 peace dollar errors are valuable. Common die cracks and minor imperfections may only add $10 to $50 over the coin's base value. However, dramatic errors like major defective planchets, significant off-center strikes with visible dates, and prominent doubled dies can be worth hundreds to thousands of dollars. The CoinKnow app helps distinguish valuable errors from common damage and provides accurate market valuations.

How do I authenticate a 1922 peace dollar error?

To authenticate a 1922 peace dollar error, first examine the coin under magnification to confirm the error is raised (not incused or scratched in). Compare your coin to known error varieties using reference materials. For valuable errors, consider professional authentication by PCGS, NGC, or ANACS, which will verify authenticity and assign a grade. Use the CoinKnow app for preliminary identification and value estimates before investing in grading fees.

Summary

The 1922 Peace Dollar error landscape offers genuine collecting opportunities across four major error types. Die crack errors range from common hairline varieties worth $35 to dramatic examples like the VAM12A Moustache valued up to $1,500. Defective planchet errors command premiums from $50 for minor laminations to over $2,500 for dramatic splits or combined defects. Off-center strike errors are highly desirable when the date remains visible, with dramatic 30–50% examples reaching $3,000 or more. Double die errors, while less common, can be worth $100 to $4,000 depending on the strength and location of the doubling. Proper identification requires magnification, good lighting, and comparison to reference materials. The CoinKnow app provides convenient mobile tools for identification and valuation. For coins potentially worth $100 or more, professional authentication by PCGS, NGC, or ANACS adds credibility and protects investment value.