The presence of a small letter or symbol on a 1922-dated coin of this denomination indicates where it was struck. These marks, found on the reverse side below the wreath, denote the specific U.S. Mint facility responsible for its production. For example, a “D” signifies the Denver Mint, while an “S” denotes the San Francisco Mint. The absence of a mark indicates production at the Philadelphia Mint.
Understanding the location of origin is crucial in determining a coin’s rarity and, consequently, its potential value. Production numbers varied significantly between mints, leading to some versions being more scarce than others. Furthermore, the historical context of each mint, including factors like local economic conditions and production challenges, influenced the quality and quantity of coinage produced. Identifying these marks allows collectors to trace the story of a specific piece and its journey through history.
