Product Description
The 1922 Peace silver dollar graded Mint State (MS) by PCGS is a common yet collectible coin. Here's a breakdown of its characteristics and value:
**Mintage:**
* The 1922 Peace dollar holds the record for the highest mintage of any US silver dollar, with over 51 million produced at the Philadelphia Mint alone.
* Denver and San Francisco mints also produced Peace dollars in 1922, but their mintages were significantly lower.
**Grading:**
* PCGS (Professional Coin Grading Service) assigns a grade (1-70) based on condition. MS refers to Mint State, signifying the coin was never circulated.
* The vast majority of 1922 Peace dollars graded by PCGS fall into the MS63 and MS64 levels, indicating well-preserved coins but not necessarily flawless.
* MS65 examples are not rare, and higher grades (MS66 and above) become progressively scarcer and more valuable.
**Value:**
* Due to the high mintage, 1922 Peace dollars in MS63 or MS64 condition typically range from $30 to $50.
* MS65 graded examples can fetch closer to $100, while MS66 and above enter the hundreds or even thousands depending on the specific coin's characteristics.
**Overall:**
* A 1922 Peace dollar in PCGS Mint State condition represents a readily available and attractive option for collectors interested in this series.
* The specific value depends on the grade assigned by PCGS, with higher grades commanding a premium.
Here are some additional points to consider:
* Mintmark: While the Philadelphia Mint produced the most 1922 Peace dollars, Denver (D mintmark) and San Francisco (S mintmark) also minted them. These can have slightly different values depending on the mint and overall mintage numbers.
* Luster: The quality of the coin's surface can also affect value. A brilliant, white luster is more desirable than a dull or toned surface.
If you're thinking about purchasing a 1922 Peace dollar, it's wise to:
* Deal with reputable coin sellers.
* Verify the coin's grading by PCGS through their online certification verification portal.
* Consider your budget and collecting goals when choosing a specific grade.