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Coin collectors are no longer unfamiliar with the Eisenhower Dollar. These coins were minted for circulation, yet they are not widely used and can
only be found in a few places. What makes this coin so special, and what is its value? This article will provide answers to these questions.
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1. History of the Eisenhower Dollar
Eisenhower Dollars were minted from 1971 to 1978 and are notoriously difficult to find in the United States. However, they are plentiful in certain casinos on the west coast.
The United States Mint produced Eisenhower Dollars as the last of its large and bold coins for circulation. Featuring unique features in their production and shaping stages, these dollar coins are highly sought after by collectors.
Frank Gasparro designed the Eisenhower Dollar coin to commemorate the 1969 event of man’s first step on the moon and to honor President Dwight D. Eisenhower. Commonly referred to as “Ike Dollars,” these coins serve as a lasting tribute to the late President.
Frank Gasparro designed a left-facing bust portrait of the late President Dwight D. Eisenhower, which is featured on the obverse of the Eisenhower
Dollar coin. The reverse of the coin features a replica of the official Apollo 11 insignia.
In 1972, the United States Mint modified the Eisenhower silver dollar coin, producing three new types. One of these coins became highly sought after by collectors due to its rarity, as the highest value of the coin fell during this year. The Mint altered the relief face and designed other details to differentiate the coins.
Experts report that the Eisenhower silver dollar from 1972 typically has a value of between $1.05 and $1.50. However, an Eisenhower dollar coin in
circulation during that year could be worth up to $2,000.
The United States Mint has issued a special Eisenhower Dollar to mark the United States Bicentennial, featuring the design of the Liberty Bell on the moon by Dennis R. William. In 1975, the Eisenhower Dollar was released to commemorate the recent moon landing and the 200th anniversary of the country’s independence. This coin was not produced in 1972, as it was not brought to market until 1975.
Eisenhower Dollars are no longer in circulation, yet their value remains. Those who possess these coins can take them to the bank to exchange for paper money. The value of Eisenhower Dollars that are no longer in circulation will be higher than that of current coins. The Eisenhower silver dollar value is determined by the date of manufacture, rarity, and currency.
2. Key Dates, Rarities, and Varieties
Exploring the Popularity of the Small-Premium Eisenhower Dollar :
1972 Type 2 Reverse Uncirculated
The Philadelphia Mint has issued three distinct types of Eisenhower Dollars: Type 1, Type 2, and Type 3. Of these, the Type 2 is the rarest and most valuable. Examining the reverse of the 1972 Type II Eisenhower dollar coin reveals an engraving of three small islands in Florida, allowing for easy identification.
1976 Bicentennial Type 1 and 2 Reverse
The Eisenhower Dollar is available in two varieties: Type 1, minted in 1975 for the Bicentennial, and Type 2, produced in 1976. The primary distinction between the two is the thickness of the lettering of “United States of America” around the coin; Type 1 features thicker lettering, while Type 2 has thinner lettering. Though neither rare nor key dates, these coins are still collectible.
3. Condition or Grade
Distinguishing the condition or grade of an Eisenhower Dollar is done by assessing wear and proof of circulation. Coins that show signs of wear and evidence of circulation are considered circulated, while those with no wear and an intact surface are considered uncirculated.
4. Mint Marks
Eisenhower Dollars feature three distinct mint marks, located beneath the portrait of the President on the reverse side of the coin. Philadelphia coins bear no mint mark, while Denver coins are denoted by a ‘D’ and San Francisco coins by an ‘S’.
5. Eisenhower Dollars Average Prices and Values
The Eisenhower Dollar has seen fluctuating values over the years, much to the chagrin of coin collectors. Its lack of continuous circulation and uninspiring design have made it difficult for its price to rise. However, the mid to late 2000s saw a surge in the popularity of collecting large U.S. coins, leading coin experts to seek out different types and driving up the value of the Eisenhower Dollar.
The Eisenhower Dollar coin’s bid and ask prices are outlined in the table below. This is an approximate reference price; the true value of the coin is subject to fluctuation based on fundamental factors and conditions.
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell |
| 1972 Type 1 | $2.00 | $1.20 | $16.00 | $12.00 |
| 1972 Type 2 | $20.00 | $17.50 | $110.00 | $95.00 |
| 1972 Type 3 | $2.00 | $1.05 | $12.00 | $8.00 |
| 1972-D | $2.00 | $1.05 | $4.30 | $3.00 |
| 1972-S Silver | $7.00 | B.V. | $13.00 | $10.00 |
| 1972-S Slv. Proof Proof | – | – | $14.00 | $12.00 |
| 1972-S Slv. Pr Cameo Proof | – | – | $15.00 | $11.00 |
| 1972-S Slv. Pr Deep Cameo Proof | – | – | $15.00 | $11.00 |
| 1973 | $3.00 | $1.10 | $10.50 | $7.00 |
| 1973-D | $3.00 | $1.10 | $9.70 | $7.00 |
| 1973-S Silver | $7.00 | B.V. | $11.50 | $7.80 |
| 1973-S Slv. Proof Proof | – | – | $13.00 | $9.40 |
| 1973-S Slv. Pr Cameo Proof | – | – | $14.80 | $10.80 |
| 1973-S Slv. Pr Deep Cameo Proof | – | – | $20.00 | $14.00 |
| 1973-S Cl. Proof Proof | – | – | $7.50 | $5.50 |
| 1973-S Cl. Pr Cameo Proof | – | – | $8.50 | $6.00 |
| 1973-S Cl. Pr Deep Cam Proof | – | – | $11.50 | $8.00 |
| 1974 | $2.00 | $1.10 | $6.00 | $3.50 |
| 1974-D | $2.00 | $1.10 | $5.50 | $3.00 |
| 1974-S Silver | $7.00 | B.V. | $12.00 | $8.00 |
| 1974-S Slv. Proof Proof | – | – | $13.00 | $9.00 |
| 1974-S Slv. Pr Cameo Proof | – | – | $15.00 | $10.00 |
| 1974-S Slv. Pr Deep Cameo Proof | – | – | $15.00 | $11.00 |
| 1974-S Cl. Proof Proof | – | – | $7.75 | $5.00 |
| 1974-S Cl. Pr Cameo Proof | – | – | $8.00 | $5.75 |
| 1974-S Cl. Pr Deep Cam Proof | – | – | $10.00 | $6.50 |
| Date & Mint | Circ. Buy | Circ. Sell | Unc. Buy | Unc. Sell |
| 1976 Type 1 | $2.00 | $1.20 | $7.30 | $5.10 |
| 1976 Type 2 | $2.00 | $1.20 | $4.70 | $3.40 |
| 1976-D Type 1 | $2.00 | $1.20 | $6.10 | $4.40 |
| 1976-D Type 2 | $2.00 | $1.20 | $4.80 | $3.30 |
| 1976-S Cl. Pr Type 1 Proof | – | – | $7.20 | $5.20 |
| 1976-S Cl. Pr Type 1 Cam Proof | – | – | $8.30 | $5.50 |
| 1976-S Cl. Pr Type 1 Deep Cam Proof | – | – | $9.60 | $6.60 |
| 1976-S Cl. Pr Type 2 Proof | – | – | $6.90 | $5.00 |
| 1976-S Cl. Pr Type 2 Cam Proof | – | – | $7.60 | $5.60 |
| 1976-S Cl. Pr Type 2 Deep Cam Proof | – | – | $8.80 | $6.20 |
| 1976-S Silver | $6.70 | B.V. | $12.00 | $9.00 |
| 1976-S Slv. Proof Proof | – | – | $13.20 | $9.00 |
| 1976-S Slv. Pr Cameo Proof | – | – | $15.00 | $11.00 |
| 1976-S Slv. Pr Deep Cam Proof | – | – | $15.00 | $10.00 |
| 1977 | $2.00 | $1.20 | $4.70 | $3.20 |
| 1977-D | $2.00 | $1.20 | $4.70 | $3.40 |
| 1977-S Cl. Proof Proof | – | – | $7.30 | $5.10 |
| 1977-S Cl. Pr Cameo Proof | – | – | $8.80 | $6.50 |
| 1977-S Cl. Pr Deep Cam Proof | – | – | $10.30 | $7.10 |
| 1978 | $2.00 | $1.20 | $4.00 | $2.90 |
| 1978-D | $2.00 | $1.20 | $4.70 | $3.50 |
| 1978-S Cl. Proof Proof | – | – | $8.50 | $5.70 |
| 1978-S Cl. Pr Cameo Proof | – | – | $10.10 | $7.40 |
| 1978-S Cl. Pr Deep Cam Proof | – | – | $11.00 | $7.30 |
| Complete Date-Mint Set Total Coins: 21 | $80.00 | $50.00 | $210.00 | $170.00 |
| Complete Date Set Total Coins: 7 | $20.00 | $12.00 | $45.00 | $30.00 |
Interpretation of the symbol:
B.V.: Bullion value
F.V.: Face value
Antique coin collectors hold the Eisenhower Dollar in high esteem due to its physical and historical value. We hope this article has been a valuable source of information for all readers.
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