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 Lavinia’s silver worth than when she bought it

The original price of Lavinia's silver was 1000 ounces * $33/ounce = $<<1000*33=33000>>33,000.

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