What Are 1921 and 1922 Silver Dollars?
The 1921 silver dollar exists in both Morgan and Peace dollar designs. The 1922 silver dollar is the first full-year production of the Peace dollar, marking the end of the Morgan series.

| Year | Design Type | Minted At | Silver Content |
|---|---|---|---|
| 1921 | Morgan & Peace | Philadelphia, San Francisco, Denver | 90% silver |
| 1922 | Peace | Philadelphia, Denver, San Francisco | 90% silver |
Morgan 1921 (no mint mark): $25–$45 in circulated condition
1921 Peace Dollar (very rare): $100–$2,000+ depending on grade
1921-S (San Francisco): $30–$50
1921-D (Denver): $30–$60
High-grade or uncirculated versions can fetch hundreds or thousands at auction.
Value of 1922 Silver Dollar
1922 (Philadelphia): $20–$40
1922-D: $25–$60
1922-S: $25–$75
In MS-65 or better, values can exceed $200–$300+.
Tips to Determine Your Coin’s Worth
Check the mint mark: Found under the word “ONE” on the reverse side
Examine the condition: Use a coin grading chart or consult an expert
Look for errors: Double dies or misstrikes increase value
How to Sell or Buy Silver Dollars
Use certified coin dealers or reputable online marketplaces
Get your coin graded by PCGS or NGC
Avoid cleaning coins, as it reduces value
Conclusion
The value of your 1921 or 1922 silver dollar depends on design, condition, and rarity. Peace dollars, especially from 1921, are far rarer and more valuable than their Morgan counterparts.
FAQ
Q1: How do I know if my 1921 silver dollar is a Peace or Morgan?
A: Check the reverse side—Peace dollars show a perched eagle with the word “Peace,” while Morgan dollars have a more classic eagle design with a wreath.
Q2: Is a 1921 Peace dollar rare?
A: Yes, only around 1 million were made. They are highly collectible and valuable.
Q3: What’s the melt value of a 1921 or 1922 silver dollar?
A: Around $18–$22 depending on current silver prices.
Q4: Where is the mint mark located?
A: On the reverse below the eagle and above the “D” in “Dollar.”
Q5: Can I sell these coins on eBay or Etsy?
A: Yes, but certified listings with proper photos and grading do better.
