Madnic's 1922 P 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 valuation chart: Typical coin prices, values and worth per grade or condition - in USD

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)
36	41	48	53	56	59	66	630	-

MELT VALUE: $23.10