United States: 1922 silver Peace dollar

Discussion in 'US Coins Forum' started by lordmarcovan, Feb 21, 2026 at 6:36 AM.

  1. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    United States: 1922 silver Peace dollar

    PCGS MS65. Cert. #1569487.

    Numista-5580, Krause-Mishler-150.

    Mintage: 51,737,000.

    Ex-Randy Abercrombie; purchased at the 2025 FUN convention in Orlando, Florida, 10 January 2025.

    This 1922 Peace dollar is housed in an older (Generation 3.1) PCGS slab, and thus was encapsulated between March 1993 and September 1998. This was one of the slab types that collectors refer to as "Old Green Holders" (or "OGH" for short), because of the green label.

    While the 1922 Peace dollar is the most common date of the series with by far the largest mintage, this particular coin has such blazing luster that it caught my eye from ten feet away in a dealer's case at the 2025 FUN show. (I forgot to record the dealer's name.) My friend @Randy Abercrombie and I agreed that it had to go home with one or the other of us. Though I was the one who had spotted it first, he was the first to whip out his wallet and purchase it. He did allow me an option to buy it from him later, however, and so I did exactly that after we left the show.

    The coin exhibits very light champagne-gold toning over impressive cartwheel luster. I affectionately refer to it as a "lusterbomb", and have kept it as my Peace dollar type coin. After paying John Baumgart (@messydesk) for professional photographs, I have a total of $210.00 invested in it. That's a little more than its current PCGS value as of this typing (February 2026), but I do not mind a bit. I think the coin was worth a modest premium.

    I am not sure whether or not it would have upgrade potential if resubmitted to PCGS today. That's a moot point anyway, since I have no intention of removing it from the old green label holder.

    01-frame.png 05-obv.png 06-rev.png 07-slab.png 08-InHand.png

    021000
     
    Last edited: Feb 21, 2026 at 12:58 PM
    Eric the Red, tommyc03, Mr.Q and 11 others like this.
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  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    She is still an absolute luster bomb.
     
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  4. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Yep. Common coin, but an uncommonly nice example. Thanks for turning loose of her. :)

    If I ever upgrade, I’ll give you the same buyback option you gave me. (“Keep it in the family”, so to speak.)
     
    Randy Abercrombie likes this.
  5. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Cool. Yes that one needs to stay in the family!
     
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  6. The Meat man

    The Meat man Supporter! Supporter

  7. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    It shot a beacon of light from that dealer case that beckoned me over like the Bat-signal. :p

    Sometimes a coin purchase is deeply thought out and researched. Other times it all boils down to basic magpie instincts: “Ooh! Shiny! Me like!;)
     
  8. Long Beard

    Long Beard Well-Known Member

    An MS65 all day long. I'm liking that subtle patina it's got going on, gives it an attractive warm glow. Even with a high mintage, it's extremely tough finding any without those contact marks (before the U on the reverse) cause by the reeded edge of another during the bagging/shipping process. Very nice indeed!
     
  9. Gallienus

    Gallienus coinsandhistory.com

    There was an article in some coins mag that discussed Peace dollars and it mentioned exactly that. While 1922 $ are the most common, ones in 65 grade & above are genuinely rare. And having one in that Green holder even better.

    I save reference photos in a directory of what coins "should look like". I'm definitely going to save that one should I even run across a nice Peace dollar - of any date. Congrats!

    I collect mostly foreign but I could use a nice Peace dollar. I was at FUN 2026 for 3 days and all I found was a ms-63 1824 half dollar that sold for $8,700. I didn't buy it tho. All the nice slabs were rediculous and all the raw stuff was trash.
     
    Last edited: Feb 21, 2026 at 11:36 AM
  10. Mr.Q

    Mr.Q Well-Known Member

    That is among the motherload, congrats!
     
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  11. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Wow, high praise indeed. Thanks.
     
    Randy Abercrombie likes this.
  12. Jeffjay

    Jeffjay Well-Known Member

    She is a beauty. Is it just me that it seems the 1922 and 1923 Peace dollars consistently are the better strikes of the series?
     
  13. Michael K

    Michael K Well-Known Member

    USA Coin Book shows 1922 MS 65 for almost $700.
     
  14. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    Wow. PCGS says $170. That’s quite a spread.

    I said $210, and sold. :)
     
    Randy Abercrombie likes this.
  15. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    I should probably CAC the thing, huh. So far I’ve resisted sending any of my stuff to CAC. I guess I’m just too cheap/lazy. I do own some CAC-beaned pieces, but those were all submitted by previous owners.
     
    Randy Abercrombie likes this.
  16. Michael K

    Michael K Well-Known Member

    I guess the grade is critical here. Imagine if it regrades to 66 then etc.

    Screenshot (97).png
     
  17. lordmarcovan

    lordmarcovan Eclectic numismatist Moderator

    I’ve never really used USA Coin Book for a quick online reference, but since Numismedia has been glitchy, I might start glancing at it more.

    Even though I think they’re being overly optimistic on my coin in this particular instance. Also, since when is the Peace dollar an “Early Silver Dollar” [sic]?
     
    Randy Abercrombie likes this.
  18. Michael K

    Michael K Well-Known Member

    Generally it's OK for most things. And as a quick reference they have everything listed. They must have updated their listings due to the silver explosion, and it seems as if these coins in high grades are now selling for more money or those prices could not be listed that high.
     
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