The Eisenhower Uncirculated Silver Dollar: A Timeless Investment

eisenhower uncirculated silver dollar

A Greeting for Our Esteemed Readers

Greetings, dear readers! It is our immense pleasure to embark on a journey through the captivating world of the Eisenhower uncirculated silver dollar. Join us as we delve into the history, value, and significance of this iconic piece of American coinage.

The Beginnings of a Legacy

Creation and Design

Released in 1971, the Eisenhower uncirculated silver dollar was created to commemorate the legacy of former President Dwight D. Eisenhower. Its design features a striking likeness of Eisenhower on the obverse, while the reverse showcases the Apollo 11 lunar module landing on the moon. The words "In God We Trust" and "Liberty" are also prominently displayed.

Composition and Specifications

The Eisenhower uncirculated silver dollar is composed of 40% silver and 60% copper. It weighs 26.73 grams and has a diameter of 38.1 millimeters. The coin’s uncirculated condition signifies that it has never circulated publicly and has been preserved in mint condition.

Value and Rarity

Historical Significance

As a commemorative piece, the Eisenhower uncirculated silver dollar holds significant historical value. It commemorates the life and accomplishments of President Eisenhower, a beloved figure in American history. Additionally, it marks the historic milestone of the Apollo 11 moon landing, an event that captivated the world.

Collector’s Appeal

The Eisenhower uncirculated silver dollar has gained immense popularity among collectors due to its scarcity and historical significance. Its uncirculated condition makes it a highly desirable item, and its limited mintage numbers contribute to its rarity. As a result, it has become a valuable addition to many coin collections.

Subtypes and Mintages

Denver Mint

The Eisenhower uncirculated silver dollar was minted at the Denver Mint from 1971 to 1978. These coins bear the "D" mint mark to indicate their origin. The Denver Mint produced the majority of Eisenhower silver dollars, with an estimated 1.4 billion struck.

Philadelphia Mint

The Philadelphia Mint also produced Eisenhower uncirculated silver dollars from 1971 to 1978. These coins do not bear a mint mark, as the Philadelphia Mint is the default mint for all coins not specifically marked otherwise. The Philadelphia Mint produced over 400 million Eisenhower silver dollars.

San Francisco Mint

The San Francisco Mint produced Eisenhower uncirculated silver dollars in 1971 and 1972 only. These coins bear the "S" mint mark. The San Francisco Mint produced a limited number of Eisenhower silver dollars, with an estimated 25 million struck.

Intrinsic Value and Market Price

Silver Content

The Eisenhower uncirculated silver dollar contains approximately 0.71 ounces of pure silver. The value of the coin is influenced by the current price of silver, which can fluctuate based on market conditions.

Market Price

The market price of the Eisenhower uncirculated silver dollar varies depending on factors such as its grade, condition, and rarity. Uncirculated coins in excellent condition typically sell for several times their face value due to their high collector’s demand.

Table Breakdown: Eisenhower Uncirculated Silver Dollar Mintages

Year Mint Mintage
1971 Philadelphia 14,936,264
1971 Denver 47,067,290
1971 San Francisco 5,396,521
1972 Philadelphia 9,377,789
1972 Denver 30,423,740
1972 San Francisco 3,147,850
1973 Philadelphia 13,805,432
1973 Denver 30,946,568
1973 San Francisco 0
1974 Philadelphia 3,745,937
1974 Denver 15,039,692
1974 San Francisco 0
1975 Philadelphia 10,675,782
1975 Denver 21,536,536
1975 San Francisco 0
1976 Philadelphia 9,375,035
1976 Denver 16,170,080
1976 San Francisco 0
1977 Philadelphia 9,665,231
1977 Denver 16,764,718
1977 San Francisco 0
1978 Philadelphia 0
1978 Denver 10,275,297
1978 San Francisco 0

Conclusion: A Timeless Treasure

亲爱的readers, we hope you have enjoyed this comprehensive look at the Eisenhower uncirculated silver dollar. This iconic coin stands as a testament to the enduring legacy of President Eisenhower and the historic milestone of the Apollo 11 moon landing. Whether as a collector’s item or an investment, the Eisenhower uncirculated silver dollar remains a timeless treasure to be cherished for generations to come.

To explore further intriguing topics related to numismatics and coin collecting, be sure to check out our other articles.

FAQs about Eisenhower Uncirculated Silver Dollar

What is an Eisenhower Uncirculated Silver Dollar?

An Eisenhower Uncirculated Silver Dollar is a coin minted by the US Mint from 1971 to 1978. It features the bust of President Eisenhower on the obverse and an eagle landing on the moon on the reverse.

Why are Eisenhower Silver Dollars so valuable?

They are valuable because they were made of 40% silver, which gives them intrinsic value. Additionally, they were not widely circulated, so they exist in higher-quality condition than many other coins.

How can I tell if my Eisenhower Silver Dollar is uncirculated?

An uncirculated coin will have no visible signs of wear on its surfaces. It should look as if it were just struck from the mint.

What is the difference between an Eisenhower Silver Dollar and a clad Eisenhower Dollar?

Clad Eisenhower Dollars are composed of a copper alloy core with a thin layer of silver on the outside. Uncirculated Silver Dollars, on the other hand, are made entirely of silver.

How much is an Eisenhower Uncirculated Silver Dollar worth?

The value can vary depending on the year, mint mark, and condition. Generally, they are worth around $25-$100.

What is the most valuable Eisenhower Uncirculated Silver Dollar?

The most valuable is the 1972-S Proof Silver Dollar, which can be worth over $1,000.

Why was the Eisenhower Silver Dollar discontinued?

In 1976, the US Congress passed legislation prohibiting the minting of silver coins for circulation. As a result, the Eisenhower Silver Dollar was phased out and replaced by the clad Eisenhower Dollar.

Where can I buy an Eisenhower Uncirculated Silver Dollar?

You can purchase Eisenhower Uncirculated Silver Dollars from coin dealers, online retailers, or at coin shows.

How can I protect my Eisenhower Uncirculated Silver Dollar?

To protect your coin, store it in a coin capsule or holder and keep it away from moisture and humidity.

Are Eisenhower Uncirculated Silver Dollars a good investment?

Whether they are a good investment depends on several factors, such as the current market price of silver and the rarity of the coin. It’s always advisable to consult with a financial advisor before making any investments.