Lavinia bought 1,000 ounces of silver when the price was $33 an ounce. Recently the price was $22 an ounce. How much less is Lavinias silver worth than when she bought it?

The initial value of the silver Lavinia bought is 1000 ounces * $33/ounce = $<<1000*33=33000>>33,000.

The current value of the silver is 1000 ounces * $22/ounce = $<<1000*22=22000>>22,000.
The silver is worth $33,000 - $22,000 = $<<33000-22000=11000>>11,000 less than when she bought it. Answer: \boxed{11,000}.