He nevertheless found the time to consult with Eisenhower’s widow, Mamie, and gained her approval.Īlong with the portrait, the obverse carries the words “Liberty”, “In God We Trust” and the date wrapped around the bottom edge. Gasparro had only six weeks to complete the designs for both sides of the coin. And it was based on a sketch he had made of General Eisenhower at a 1945 rally to celebrate the Allied victory in World War II. It was the work of Frank Gasparro, the US Mint’s chief engraver. Related Post: 18 Most Valuable Morgan Silver Dollar Worth Money Features of the 1977 Silver Dollar The Obverse of the 1977 Silver DollarĪll the Eisenhower dollars have the same image on the obverse – a portrait of the late president. This one commemorated the women’s rights campaigner Susan B. And by one estimate, 70 per cent of circulating silver dollars were being used only in casinos.Īs a result, the Eisenhower dollar was replaced by a smaller, lighter dollar coin in 1979. Research by the US Treasury found that most coins were used in only one transaction. The new coins were popular with collectors, but not so successful for everyday use. But no 1977 “silver” dollars contain any silver at all. That silver-clad version was produced from 1971 to 1974, and then as part of a bicentennial set in 1976. For collectors, a version with silver cladding, amounting to 40 per cent silver by weight, was minted too. The coins produced for circulation had a copper core plated in an alloy of copper and nickel. Silver was still expensive, so most of the new dollars were silver in name only. Calls to honor him in the nation’s currency joined with those for a new silver dollar. Eisenhower, the former president of the United States, died. Silver dollars had largely been replaced by tokens in casinos, but punters preferred the real thing. These came mainly from the US gaming industry. With that date approaching, there began to be calls for new silver dollar coins. The expectation was that this would be reviewed in 1970. In 1965, legislation was passed banning the use of silver in coins for five years. The rising price of silver in the 1960s had led to a number of changes to coinage. And when the last of the series was minted in 1978, it marked the end of the format. It was a return to a larger, heavier dollar coin after a break of some 36 years. The 1977 silver dollar is the penultimate mintage of the Eisenhower dollar, launched in 1971. Today, PR70 coins can be purchased for $400 to $700. In 1977, only proof silver dollars were made at the San Francisco mint. And we’ll find out what features mark out the average coin from something that’s rarer and more collectable. We’re going to look at the 1977 silver dollar value. The series was minted from 1971 to 1979 and marked a return to a larger, heavier dollar.īut how much is one of these dollars worth today? Is it just its face value? Or could it be worth more to collectors? Interested in learning the values of all Eisenhower dollars? Click the link to see our price guide for the entire series.1977 silver dollars are amongst those known as “Eisenhower dollars”. The picture below illustrates the difference: Type 2 is on the far left, followed by Type 1 in the middle and Type 3 on the right. On the less valuable Type 1 and Tdollars, there are visible and distinct islands in the Caribbean Sea. Next to the outline of Florida, there are no distinguishable islands. Type 2 dollars are identified by the details of Earth on the reverse side. The rare 1972 "type 2" design variety is worth upwards of $40 in all conditions. While most of these coins are common as well, there is one notable 1972 Philadelphia variety with a greater value. Philadelphia coins can be identified by their lack of a mintmark. These dollars are common, and are worth only $1-2 in any condition. Denver mint coins can be recognized by the small 'D' mintmark directly above the coin's date. Mint produced the normal copper-nickel coin for circulation at two mint branches, Philadelphia and Denver. Mint to coin collectors for a small premium. A few special types of "Ikes" were struck in a 40% silver alloy, and sold by the U.S. All of the dollar coins produced for public circulation were made on a copper-nickel planchet, the same type used in U.S. The Eisenhower dollar serieswas created to commemorate the late president Dwight Eisenhower, with the first coins being produced in 1971. Wondering how much your old "Ike" dollar is worth? Read below to learn the value of a 1972 silver dollar.
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