The Eisenhower Dollar was issued by the U.S. Government from 1971-1978. Following a 36 year lapse, this U.S. Silver dollar coin reestablished the denomination after the Peace Dollar had been discontinued. The Eisenhower Dollar was the last dollar coin to contain proportional amounts of base metal to lower denominations, with the same amount of copper-nickel as two Kennedy Half Dollars. The Eisenhower dollar was the first US dollar coin struck since the 1935 Peace dollar. It was conceived to honor the recently deceased President Dwight D. Eisenhower and designed by Frank Gasparro. Due to a rise in bullion prices the majority of Eisenhower dollars were produced with base metals.The collector-grade coins were minted with 40% silver and 60% copper, owing to its low silver. Eisenhower Dollar Silver Coin Melt Calculator. The melt value of one 40% Silver 1971-1976 Eisenhower Dollar is shown below based on silver's price at 6/25/2018 2:59:01 PM EST. To calculate melt values of multiple dollars or use your own silver prices, edit the fields below and click 'Update.' The US minted the 1971 S Eisenhower silver dollar as an uncirculated coin and also as a proof coin. Most of the coins minted were proof coins. The mint mark can be found above the date. Note that not every 1971 Eisenhower dollar is a silver coin. The US also minted the 1971 Eisenhower copper-nickel clad coin with no mint mark and also the 1971.
40% silver Eisenhower Dollars were produced by the United States Mint from 1971-1976. However, it is important to keep in mind that the silver coins were only struck for collectors at the U.S. Mint’s facility in San Francisco.
At that same time, the Mint was also producing Eisenhower Dollars for general circulation, but these coins were struck from a cupro-nickel clad composition. As such, most of the Eisenhower Dollars available today do not contain silver.
For those Eisenhower Dollars that were composed from silver, each contains .3161 ounces of the precious metal. As a result, their melt values can fluctuate as the market conditions of silver varies.
Thus, if the current spot price of silver is $10 an ounce, the melt value of a silver Eisenhower Dollar would be $3.16. If silver jumps to $25 an ounce, each silver Eisenhower Dollar would have an intrinsic value of $7.90.
Approximate values on these strikes can be obtained from several sources including price guides, coin dealers and auction sites. One of the most accessible means of quickly finding their current market prices is the online suction site eBay which has many listings at any given time. Of course, values for the collectors silver Eisenhower Dollars are more often determined by their numismatic worth — what collectors are willing to pay to own them, instead of their melt values. That is, unless the coin in question is in poor condition and is considered a 'junk silver coin.'
Eisenhower Dollars were struck to commemorate former General of the Army and President Dwight D. Eisenhower who had passed away in 1969, and to celebrate the Apollo 11 moon landing which had occurred that same year. The coins were minted for only eight years, with the silver versions only struck for a portion of that time.
The obverse or heads side of the dollar features a portrait of President Eisenhower. The reverse of most of the strikes shows a design taken from the Apollo 11 insignia. Each was the work of Frank Gasparro. A special Bicentennial Eisenhower Dollar was released to celebrate the 200th anniversary of the United States in 1976, and features a unique Liberty Bell design by Dennis Williams.
Face Value: | $1 |
Composition: | 40% silver, 60% copper |
Total Estimated Mintage: | 23,844,882 |
Diameter: | 38.1 mm |
Weight | 24.59 grams |
Edge: | Reeded |
Minting Facility: | San Francisco (S) |
Obverse Design: | Portrait of President Dwight Eisenhower |
Obverse Designer: | Frank Gasparro |
Reverse Design: | image of an eagle on the moon (Liberty Bell for the 1976 issue) |
Reverse Designer: | Frank Gasparro (Dennis Williams for the 1976 issue) |