The 1971 Unc Ike Dollar Coin is a highly sought-after collectible among coin enthusiasts. It was the first year of the Eisenhower dollar series, which was minted from 1971 to 1978.
The coin features a portrait of President Dwight D. Eisenhower on the obverse side and a vignette of a eagle landing on the moon on the reverse side. This design is a nod to the Apollo 11 moon landing, which took place in 1969.
Minted in high relief, the 1971 Unc Ike Dollar Coin has a distinctive appearance that sets it apart from other coins. The high relief design gives the coin a more three-dimensional look.
The coin's value can range from a few dollars to hundreds of dollars, depending on its condition and rarity.
1971 Eisenhower Dollar Coin Value
The 1971 Eisenhower Dollar coin value can vary greatly depending on its condition. In Average Circulated (AC) condition, it's worth around $2.00.
Coins in certified mint state (MS+) condition can bring as much as $85 at auction. This is a significant jump in value compared to circulated coins.
The 1971 Eisenhower Dollar's value also depends on its production history. Coins struck at Denver have a sharper, cleaner look, while those struck at Philadelphia appear dull and have residual annealing chatter marks.
Worth of 1971 Eisenhower Dollar
The value of a 1971 Eisenhower Dollar can vary greatly depending on its condition and provenance. In Average Circulated (AC) condition, it's worth around $2.00.
Coins in certified mint state (MS+) condition can bring as much as $85 at auction. This is significantly higher than circulated coins.
The value of a 1971 Eisenhower Dollar in mint state can be worth up to $600 for MS66 certified coins. However, prices have been decreasing due to rising TPG populations and a malaise in the modern coin market.
Coins with high eye appeal can sell for many times more than their certified price. For example, a CAC coin with very high eye appeal can bring premiums over $600.
The value of a 1971 Eisenhower Dollar is also affected by its production history. Coins struck at Denver have a sharper, cleaner look, while Philadelphia issues appear dull and lack luster.
In Mint State 65, the 1971 (P) Eisenhower Dollar carries a price of about $80. However, true gems with great eye appeal can sell for many times more.
The value of a 1971 Eisenhower Dollar is also determined by its silver content. Even in higher states, such as PR-68, they still hardly make it out of the $20 price range.
Eisenhower Dollar (Blue Pack)
The 1971-S Eisenhower Dollar in its original government packaging is a relatively affordable option, with a market price of approximately $15. This is likely due to the coin's lower silver content compared to traditional silver dollars.
The quality of the 1971-S Eisenhower Dollar is generally lower than its counterparts from 1972-1974, with most grading in the MS63 to MS65 range. This is evident from the NGC and PCGS populations, which show a significant number of coins in these grades.
In contrast, the 1972-1974 Blue Pack Ike dollars typically grade in the MS66 to MS67 range, with some excellent specimens earning MS68 and even MS69. The NGC and PCGS populations support this, with a higher number of coins in the higher grades.
Interestingly, the PCGS population of 1971-S Eisenhower Dollars has exploded in recent years, warranting further study into the quality of these coins. As of now, PCGS has certified seven examples in MS68 and one example in MS69.
The record price paid at auction for a 1971-S Eisenhower dollar (non-variety) was $6,900, which was hammered in March 2012 at a Heritage auction. This is a significant amount, but it's worth noting that the market price for PCGS MS68 coins has trended downward in recent years as the population doubled from two to four pieces.
Eisenhower Dollar Information
The Eisenhower Dollar was a commemorative coin issued in 1971 to honor President Dwight D. Eisenhower.
It was the only dollar coin minted in the United States during the 1970s. The Eisenhower Dollar was minted from 1971 to 1978.
The coin featured a portrait of Eisenhower on the obverse (front) side and a design of the Statue of Liberty on the reverse (back) side.
The Eisenhower Dollar was made of a copper-nickel clad coin composition.
Frequently Asked Questions
What makes a 1971 Eisenhower dollar rare?
Rarity in 1971 Eisenhower dollars is often determined by lower mintage quantities, such as the silver uncirculated coins. This limited production can make certain varieties more valuable and sought after.
How can I tell if my 1971 Eisenhower dollar is silver?
Check the coin's edge for a silver stripe, or look for a copper stripe on the surface, to determine if your 1971 Eisenhower dollar is silver or silver-clad.
How much silver is in a 1971 Eisenhower silver dollar?
The 1971 Eisenhower Dollar contains 40% silver. This silver content is exclusive to the San Francisco Mint's Uncirculated and Proof versions.
Sources
- https://coinweek.com/1971-s-eisenhower-dollar-uncirculated-version-a-collectors-guide/
- https://www.greysheet.com/prices/sp/eisenhower-dollars-united-states-coinage/8974
- https://coinweek.com/1971-eisenhower-dollar-a-collectors-guide/
- https://coinappraiser.com/coins/value-of-1971-s-silver-eisenhower-dollar/
- https://cointrackers.com/coins/14580/1971-eisenhower-dollar/
Featured Images: pexels.com
