- In 1971, the U.S. Treasury made available Unciruclated and Proof verisons of the Eisenhower Dollar in 40% silver. These were the first 'silver' Dollars since 1935 (or 1964, if one counts the unissued 1964-D Peace Dollar). The Uncirculated versions were packaged in pliofilm and inserted into a heavy-stock, blue envelope.
- However, finding the value of a 1921 silver dollar is sometimes more difficult than just going online and looking up 1921 silver dollar values. That’s because there are 2 different types (or designs) of 1921 silver dollars. One type of 1921 dollar coin is worth only a nominal amount over silver value — in most cases.
USA Coin Book Estimated Value of 1971 Eisenhower Dollar is Worth $6.32 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin).
The 1971 Eisenhower silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Eisenhower Dollar
Year: 1971
Face Value: $1.00
Composition: 60% copper, 40% silver
Silver Weight: .3161 oz.
Total Weight: 24.59 grams
Current Silver Bullion Value: $8.61
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 D Eisenhower copper-nickel clad coin.
It's relatively easy to tell the difference between the silver clad coins and the copper-nickel clad coins. The silver coins will look shinier, and they will also weigh more. The silver coins weigh 24.59 grams compared to the copper-nickel coins that weigh 22.68 grams.
| Series | Location | Quantity Minted |
|---|---|---|
| 1971 S | San Francisco | 6,868,530 |
Value
This coin, regardless of condition, is worth at least its weight in silver. The silver melt value for this coin is $8.61 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.23 per ounce.
The standard 1971 silver dollar is worth around $13 in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $18.
The 1971 proof silver dollar is worth around $14 in PR 65 condition. There were 4,265,234 proof coins minted.
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Grading System
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
PR 65 proof- There are no flaws to this coin. A few blemishes may be present.
Sources:
See also:
1972 Silver Dollar
1973 Silver Dollar
1974 Silver Dollar
The 1971 Eisenhower Dollar (Buy on eBay) was the first year of issue for the series. This release also represented the first dollar coin issued by the United States Mint since 1935, when the previous Peace Dollar series concluded.
Value Of 1971 Dollar Coin
Trial strikes for the new dollar were prepared at the Philadelphia Mint on January 25, 1971 in an event open to members of the press. The trial strikes were produced from several trial working dies on 40% silver blanks prepared by the coiner. The first production strikes for the Eisenhower Dollar officially took place on March 31, 1971 at the San Francisco Mint. Production at the Philadelphia and Denver Mints commenced later in the year.
The coins struck at San Francisco were silver versions struck for collectors. Congress had authorized the production of up to 150 million of the new dollar coins struck in a composition of 40% silver over a four year period. Uncirculated versions were sold to collectors for $3.00 per coin, while proof versions were sold for $10.00 per coin. Orders were first accepted on July 1, 1971 with fulfillment beginning in early August.
1971 Silver Dollar Coin
The Philadelphia and Denver Mint struck the Eisenhower Dollars for general circulation, using a copper nickel clad composition. The first coins were released into circulation on November 1, 1971. Finding examples of these early clad Ikes in high grade can be challenging, particularly for the Philadelphia Mint strikes, which can exhibit weak strikes or heavy contact marks.
1971 Eisenhower Dollar Mintages
- 1971: 47,799,000
- 1971-D: 68,587,424
- 1971-S Silver: 6,868,530
- 1971-S Silver Proof: 4,265,234
Coin Specifications
- Designer: Frank Gasparro
- Composition: 91.67% Copper, 8.33% Nickel (clad), 40% Silver, 60% Copper (silver)
- Weight: 22.68 grams (clad), 24.59 grams (silver)
- Diameter: 38.1 mm
- Edge: Reeded
1971 Silver Dollar Price
1972 Eisenhower Dollar >