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Value of Eisenhower Dollar

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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.

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Value of Eisenhower Dollar. Shown above is the first Mintage year.

Value of Eisenhower Dollar. Shown above is the first Mintage year.

Eisenhower Dollar Reverse.

Eisenhower Dollar Reverse.

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.

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Eisenhower Bicentennial Reverse. 1776-1976

Eisenhower Bicentennial Reverse. 1776-1976

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

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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.

1972 Eisenhower Dollar Variety 3. Photo Courtesy Coinpage.com

1972 Eisenhower Dollar Variety 3. Photo Courtesy Coinpage.com

1976 Eisenhower Dollar Variety 1. Photo Courtesy Coinpage.com

1976 Eisenhower Dollar Variety 1. Photo Courtesy Coinpage.com

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

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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.

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Comments

Zach (author) from Colorado on February 13, 2012:

lucybell21 - I wish I could give you an answer, but without seeing the coin, it's hard to say what it even could be.

Bonny OBrien from Troy, N.Y. on February 06, 2012:

I have a Thomas Jefferson $1 coin. It really has no date on it per say. Is it worth anything?

Zach (author) from Colorado on December 30, 2011:

Ah it's my pleasure! We all have to learn sometime or another so there's no need to be snobby about it.

senderwollas from Earth :) on December 30, 2011:

Thank YOU for the info and explanation, I wish all authors were such easy-to-communicate as you are :)

Zach (author) from Colorado on December 23, 2011:

That's all that you can do! Keep an eye out, this also occurs on the 1976 Kennedy Half Dollar and the 1976 Washington Quarter! Thanks for following up. I appreciate it.

senderwollas from Earth :) on December 23, 2011:

Live to learn, what else can I say? :)

Thanks for the tip, I'll definitely remember this "strange issue"

Zach (author) from Colorado on December 22, 2011:

senderwollas - Ah good catch, but there's no mistake. The Eisenhower Dollars of 1976 are actually minted with "1776-1976" on the obverse. It was done in celebration for the bicentennial year of the United States. It does look odd, but just know that it is for the 1976 Dollars. Thanks for reading!

senderwollas from Earth :) on December 22, 2011:

Yeap, thanks for the hub, it's really informative. But I was a bit confused with that info:

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

Something tells me that you made a mistake in 1776, I suppose it should be 1976

Zach (author) from Colorado on August 20, 2011:

Hey thanks, I appreciate the feedback!

Mark from Alabama,USA on August 20, 2011:

Nice hub - Laid out well and very easy to use.

Keep it up