The 1922 Peace Dollar is a significant and iconic silver coin in U.S. numismatics, marking the first full year of production for the Peace Dollar series. Designed by Anthony de Francisci to commemorate the end of World War I and symbolize America’s desire for peace, this coin features Lady Liberty on the obverse with a radiant crown and an eagle perched on a rock clutching an olive branch on the reverse. Struck in 90% silver and 10% copper, the coin weighs 26.73 grams and has a diameter of 38.1 mm, maintaining the classic size of silver dollars of the time.

Known for its high mintage, the 1922 Peace Dollar saw production at multiple mints — Philadelphia, Denver, and San Francisco — with over 84 million coins struck combined. This large output makes it one of the most commonly found Peace Dollars today, appealing to collectors and investors looking for an affordable silver dollar with historical significance. Despite the high mintage, there are variations such as the 1922 High Relief and other rare finishes that command premium prices.

The coin’s design moved away from the high relief style used in 1921 to a more moderate relief in 1922 to extend die life and ease production challenges. This change resulted in coins with a lower profile that struck well and circulated more easily. The reverse’s symbolism, with the eagle clutching an olive branch under a rising sun, emphasizes America’s hopes for peace and a new era after the Great War.

Collectors prize the 1922 Peace Dollar not only for its historical and artistic value but also for its silver content. The coin’s intrinsic metal value provides a tangible investment aspect, while its design and legacy attract numismatic enthusiasts. Well-preserved examples, especially those with original luster and minimal wear, can command higher prices, particularly graded coins with proof-like surfaces.

In summary, the 1922 Peace Dollar is a foundational piece in American silver dollar collecting, combining a powerful historical narrative with classic design and solid silver content. Its widespread availability makes it suitable for both beginner and seasoned collectors, while rarer varieties and mint marks offer avenues for specialized collecting and investment growth.