1922 Peace Dollars : Normal Relief

What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.):

Most 1922 Peace Dollars were produced with a Normal Relief design as is the one depicted above in the example image. In the previous year: All 1921 Peace Dollars were High Relief. The US Mint found that this original high relief design produced a higher quality and more beautiful coin but it caused more wear and tear on the dies that produce the coins - which had to be replaced often. So early in 1922: The US Mint decided it was more practical to produce dies that resulted in a coin design with lower relief and lower quality for general circulation.

A small number of 35401 High Relief 1922 Peace dollars were produced but most of them were later melted down - resulting in only a handful of around 10-12 high relief coins (mostly all matte proofs) to survive. More information and analysis about this rare high relief variety can be found below:

Major Variety and Detailed Analysis:
1922 High Relief Peace Dollar

Coin Value Chart: Typical Coin Prices, Values and Worth in USD based on Grade/Condition. Numismatic portion of the values last updated February 2026, precious metal portion of the values is updated live!

Good (G-4)	Very Good (VG-8)	Fine (F-12)	Very Fine (VF-20)	Extremely Fine (EF-40)	About Uncirculated (AU-50)	Uncirculated (MS-60)	Uncirculated (MS-65)	Proof (PR-65)
$60	$65	$72	$77	$80	$84	$91	$674	-

USA Coin Book Estimated Value of 1922 Peace Silver Dollar (Normal Relief Variety) is Worth $65 in Average Condition and can be Worth $91 to $674 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Click here to see the Melt Value of every US Coin.


MELT VALUE: $46.24