AboutMyCoin1922 Peace Dollar (No Mint Mark) in XF40
A 1922 Peace dollar with no mint mark graded XF40 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and XF40 is what a grader called the surface that survived. What that looks like on this coin is below. Where the grade sits against the rungs either side of it, and every way it is written on a slab, are in the table below.
What XF40 means
A 1922 Peace dollar with no mint mark in Extremely Fine (XF-40) has light wear on the high points and nowhere else: the eagle’s individual wing feathers and the leaves of the olive branch beneath its talons survive except where the hair above Liberty’s eye and the high points of the rays of her crown have just begun to flatten, and traces of mint lustre often remain in the protected areas beside the devices.
A slab, a dealer’s list or a price guide may write this grade XF-40, EF40 or EF-40. They are the same grade and the same 1922 Peace dollar with no mint mark.
Where this grade sits
The grades a 1922 Peace dollar with no mint mark is given run from PO1 to MS70. One step up from XF40 is Extremely Fine (XF-45). In general terms, the higher the grade the more the coin is worth.
How to check this yourself
Sold listings, not asking prices. The link below is already filtered to completed sales of a 1922 Peace dollar with no mint mark in XF40, which is the difference between what somebody paid and what somebody hoped for. Until this site has a researched figure for this grade, that search is the answer — take the middle of several recent sales rather than the highest.
Completed sales of a 1922 Peace Dollar (No Mint Mark) in XF40 →
The metal floor under it
$49.79
0.7734 troy oz silver × $64.38 per troy ounce
$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC
Whatever the market does, a 1922 Peace dollar with no mint mark cannot be worth less than the metal in it. That figure is what the premium for XF40 is measured against, and it moves with the metal price rather than with the coin market.
Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.
1922 Peace Dollar (No Mint Mark): every grade, the metal and the specification →