If you're looking for an Eisenhower dollar price guide and don't want to read the full article, click the link or scroll down.
In previous articles, we've explained how to value earlier series of U.S silver dollars, like Morgan and Peace Dollars (minted 1878-1935) as well as Trade Dollars(1873-1885). In today's article, we're going to discuss a more modern dollar coin — the Eisenhower Dollar, minted from 1971-1978.
Get the best deals on Silver 1971 Eisenhower Dollars (1971-1978) when you shop the largest online selection at eBay.com. Free shipping on many items Browse your favorite brands affordable prices. Silver 1971 Eisenhower Dollars (1971-1978) for sale eBay. Here is a 1971-S Uncirculated Silver Eisenhower Dollar. These Silver Ikes were special Mint issues that were released in sealed plastic in blue US Mint envelopes, and so have become popularly known as 'Blue Pack' Ikes, or 'Blue Ikes'.
Eisenhower Dollars Average Prices and Values. The following table lists the buy price (what you can expect to pay to a dealer to purchase the coin) and the sell value (what you can expect a dealer to pay you if you sell the coin).These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual. The table below shows melt values for commonly collected silver dollars, half-dollars, dimes and quarters. Eisenhower, Silver (1971-1976) 60% Copper, 40% Silver. CoinTrackers.com has estimated the 1971 D Eisenhower Dollar value at an average of $2, one in certified mint state (MS+) could be worth $65.
Originally struck from 1971 to 1978, Eisenhower Dollars (or 'Ikes') were the first large-size dollar coins to be produced by the U.S. Mint since the end of the Peace Dollar series in 1935.
As you might guess from the name, Eisenhower Dollars were created to commemorate President Dwight Eisenhower, whose portrait is featured on the obverse (front) side of the coin.
Eisenhower was selected in part because of his political party affiliation. Republicans in Congress agreed that the Mint needed a coin commemorating a Republican president, as the Democrats had recently secured a spot for President Kennedy on the half dollar (replacing Benjamin Franklin).
The coin's reverse features the Apollo 11 insignia, an eagle landing on the moon while grasping an olive branch, in commemoration of the first Apollo mission moon landing in 1969. The coin's designer, Frank Gasparro, was ordered to change his original design of the eagle because it was 'too fierce and too warlike', and reluctantly updated it to make the eagle look friendlier.
Unlike Peace Dollars and Morgan Dollars, Eisenhower dollars were minted in a copper-nickel alloy rather than a 90% silver 10% copper alloy.
By the 1970's, silver prices had risen to the point where striking general circulation coins from silver was no longer cost-effective. Prior to 1965, all dimes, quarters, half dollars and dollars coins were produced in a 90% silver 10% copper alloy. This proved a point of contention for Congress—several congressmen argued that producing the new dollar coin in copper-nickel instead of silver would be a dishonor to Eisenhower's memory.
But eventually a compromise was reached. All Eisenhower Dollars produced for general circulation would be struck in copper-nickel, while the Mint would also sell dollar coins with a special 40% silver alloy to collectors for a small premium.
As a result, most Ikes aren't true 'silver dollars.' But the upside of that is that Eisenhower dollars are much more affordable than their 90% silver predecessors.
There are two different reverse designs within the Eisenhower series. From 1971 to 1974 and from 1977 to 1978, the Apollo 11 design was used for the coin's reverse. But in 1976, all quarters, half dollars, and dollar coins were switched to a special design commemorating the nation's bicentennial. The 1776-1976 Eisenhower Dollar featured the Liberty Bell superimposed upon the moon.
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(Values derived from the Red Book, the definitive price guide for U.S. coins).
Circulated Condition means a coin with signs of wear or marks, from being circulated/used by the general public.
Uncirculated Condition means a coin with bright original mint luster and no signs of wear. See the picture below for a visual comparison of the two.
As you can see, most Eisenhower dollars are readily available and are worth little more than face value. However, there are a few more valuable coins that are well worth keeping an eye out for.
While all Ikes intended for general circulation were struck in copper-nickel, the U.S. Mint also struck a number of S-mintmark coins (produced at the San Francisco mint) for collectors in 40% silver (each containing 1/3rd ounce pure silver). Not all S-mint Ikes are silver though, as the 1977-S and 1978-S Eisenhower dollars were both produced in copper-nickel.
The silver coins can be identified by their lighter color (see copper-nickel vs silver). A simple way to determine whether your Ike is silver or copper-nickel is the tissue test, as demonstrated below.
Simply place a facial tissue on top of your dollar coin and see whether the color that shines through is darker or lighter. The coin on the left is silver-clad, whereas the darker one on the right is copper-nickel.There is also one copper-nickel coin variety that commands a premium. The rare 1972 'Type 2' design variety with no mintmark is worth upwards of $30 in all conditions. Type 2 dollars are identified by the details of Earth, above the eagle on the reverse side of the coin. Next to the outline of Florida there are no distinguishable islands on Type 2 Ikes. On the less valuable Type 1 and Type 2 1972 dollars, there are distinct islands in the Caribbean. No other years in the Eisenhower Dollar series besides the 1972 feature the rare Type 2 design.
Here's a picture to illustrate the difference - note the small islands visible within the red circles on the Type 1 and Type 3 coins, while the Type 2 coin shows no distinct islands.
The Type 2 design is rough and undefined, with a barely distinguishable outline of the east coast, while small dots/islands can be spotted off the coast of Florida on the Type 1 and Type 3 designs. This can be tough to spot, so make sure you're using a magnifying glass or a jeweler's loupe to be sure.
Outside of the 1972 Type 2 and the silver Ikes, there are no real rarities within the series. Proof coins, specially produced by the U.S. Mint with mirrored surfaces and sold to collectors, are generally only worth a small premium.
But the lack of keydates means that a nice set of Eisenhower Dollars is easily attainable no matter what your budget.
Last updated 8/7/2018
The date on the image can be different from the year selected.
Picture by: François Rufiange
The value of a canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more.
Variety | AG-3 | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
---|---|---|---|---|---|---|---|
1971 | - | - | - | $1.00 | $1.00 | $1.00 | $1.00 |
1971 - DDR (Double Die Reverse) | - | - | - | - | - | - | - |
Select a date or variety to find the values and prices of all grades available.
Variety | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
---|---|---|---|---|---|---|---|
1971 | $2.30 | $2.90 | $3.90 | $19.50 | $74.90 | - | - |
1971 - DDR (Double Die Reverse) | - | - | - | - | - | - | - |
Select a date or variety to find the values and prices of all grades available.
Variety | PL-60 | PL-62 | PL-63 | PL-64 | PL-65 | PL-66 | PL-67 |
---|---|---|---|---|---|---|---|
1971 | - | - | - | $2.50 | $4.80 | $23.30 | $68.60 |
1971 - DDR (Double Die Reverse) | - | - | - | - | - | $24.00 | - |
PL (Proof-like): Special coins struck at the Mint with a brilliant relief is struck on a brilliant field and not intended for circulation despite the fact that their composition is identical to the coins produced for circulation. If Proof-like coins have been removed from their protective envelope or original package, it is harder to differentiate them from uncirculated coins. Proof-like coins are struck up to two times on numismatic presses. Also called Brilliant uncirculated (BUNC).
Variety | SP-60 | SP-62 | SP-63 | SP-64 | SP-65 | SP-66 | SP-67 |
---|---|---|---|---|---|---|---|
1971 | - | - | - | $12.00 | $12.50 | $16.20 | $43.30 |
1971 - DDR (Double Die Reverse) | - | - | - | - | - | - | - |
SP (Specimen): Special collectors coins struck at the Mint with a frosted/mirror appearance on the design and effigy from 1996 to 2021. Before 1996, if specimen coins have been removed from their protective envelope or original package, it is harder to differentiate them from PL coins. Specimen coins are struck up to two times on numismatic presses.
View the average prices of certified 1 dollar 1971 sold at auctions »
On 1971 1-dollar not intended for circulation. Mostly on CANADA and date.
Most of the following pictures come from the generous contribution of the community. Titles attributed to them doesn't always reflect the exact error or variety on them. Feel free to let us know in the discussion board if you see one picture that need to be fixed.
Miscellaneous / Unclassified | Source | |
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#3773 | 1 dollar 1971 - Double 1971CH # 1971 Rev.-502 - Double Die: Doubling of Date and Canada | - |
#3365 | 1 dollar 1971 - Double D.G. RegCH # 1971 Obv.-002 - Machine Doubling Damage: Legend and Beads | Don McKenzie |
Last update : Wednesday, January 27, 2021