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Value of Eisenhower Dollar
Value of Eisenhower Dollar
The Eisenhower Dollar is known as the largest coin minted for circulation in modern times. Weighing in at a whopping 22.68 Grams, the Eisenhower Dollar is effectively four times the weight and almost twice the diameter of a standard Washington quarter. These uniquely large coins were only minted from 1971-1978, so naturally they have become popular among collectors. Their relative ease and inexpensive prices to collect offer a great set for beginner and novice coin collectors alike to put together. This article will cover the history, melt value and the general numismatic values of Eisenhower Dollar coins.
History of the Eisenhower Dollar:
- Designed to commemorate the first man on the moon and for the work of President Dwight D. Eisenhower, these dollars were released for circulation in 1971. The dies used for minting were designed by Frank Gasparro, who also designed the later Susan B. Anthony Dollars.
- Eisenhower Dollars released for circulation were produced on a Copper/Nickel clad and were minted at the Denver and Philadelphia mints. The San Francisco Mint also produced Eisenhower Dollars, but they were sold as uncirculated clad or Silver Proofs only.
- In 1975-1976, the design of the Eisenhower dollar was changed to celebrate the bicentennial year of the United States. Coins during these years featured 1776-1976 dual dating on the obverse of the coin accompanied by the standard Eisenhower portrait. The reverse of the coin was changed to depict the Liberty Bell and Moon design. This bicentennial design was the work of Dennis R. Williams who won a national art contest.
- During 1977-1978 the eagle resumed its position on the reverse of the coin and remained until the Eisenhower Dollar was replaced with the Susan B. Anthony Dollar.
- It’s good to note that because of its large size, the Eisenhower die was modified many times throughout its mintages, creating several varieties in the years 1972 and 1976.
Composition and Melt Values:
- Weight – 22.68 Grams
- Metal Composition – Made of outer layers of 75% Copper, 25% Nickel, then bonded to a Copper Core.
- Melt Value – $0.22
Value of Eisenhower Dollars:
As with most dollar and half dollar coins of modern mintage, Eisenhower dollars are really only worth anything if they are in Mint State condition. If you’re unfamiliar on how to determine the condition of your coin, it’s good to familiarize yourself with the Coin Grading Scale.
List of Eisenhower Dollar Values:
- 1971 – Valued at $8
- 1971D – Valued at $5
- 1972 – Variety 1, Flattened Earth w/three Islands below Florida. Valued at $6
- 1972 – Variety 2, Rounded Earth w/weak Islands. Valued at $65
- 1972 – Variety 3, Rounded Earth w/visual Islands. Valued at $6
- 1973 – Valued at $15
- 1973D – Valued at $15
- 1974 – Valued at $7
- 1974D – Valued at $7
- 1776-1976 – Variety 1, Bold Lettering. Valued at $9
- 1776-1976 – Variety 2, Sharp Lettering. Valued at $6
- 1776-1976D – Variety 1, Bold Lettering. Valued at $7
- 1776-1976D – Variety 2, Sharp Lettering. Valued at $6
- 1977 - Valued at $7
- 1977D - Valued at $6
- 1978 - Valued at $5
- 1978D - Valued at $6
With a rather short mintage and two different designs, the Eisenhower Dollar proves to be a great collection to piece together. For more advanced collections, all the different varieties can be collected. It's a great coin to collect overall! Thank you for reading my article on the Value of Eisenhower Dollar coins. If you're still interested in more American coins, I'd invite you to click through a couple more of my articles below. Cheers.