It's an excellent question, as it touches on a fascinating transition in American coinage. To get to the heart of your coin's value, it's important to clarify a common point of confusion. The iconic Morgan silver dollar series actually ended its mintage in 1921. The silver dollar produced in 1922 was the new Peace dollar, which features a very different design of Lady Liberty. It's almost certain that your 1922 dollar is a Peace dollar, and that's the key to understanding its worth.
The 1922 Peace dollar is an extremely common coin, as it was minted in massive quantities to replace the Morgan dollar in circulation. Because of this, a typical 1922 Peace dollar that shows signs of wear and circulation will primarily derive its value from its silver content. Its base worth will fluctuate with the daily spot price of silver, which is usually in the range of $20 to $30.
However, the condition of the coin is everything in the world of collecting. If you have a 1922 Peace dollar that is in brilliant, uncirculated condition with sharp details and original luster, its value to a collector increases significantly. These pristine examples can be worth considerably more than their silver melt value. To get a precise valuation, you would need to have the coin's specific condition and mint mark (or lack thereof) professionally graded. Examining your coin for its design and condition is the best first step to discovering its true value.
