Eisenhower, a famous war hero turned president, gave Congress the chance to address the sector’s demands. This “need” and the recent loss of Dwight D. Still, the gaming industry quickly realized that it needed to find a substitute for the silver dollars it had been using to fuel tens of thousands of slot machines. (The book is also known as 'The Official Red Book'.What Makes A 1971 Eisenhower Dollar Valuable?Īt the beginning of the 1970s, the general public’s desire for a dollar coin was hardly discernible. Yeoman and Kenneth Bressett, page 232 for additional information. Please refer to 'A Guide Book of United States Coins 2014', 67th edition by R.S.

Perhaps that was not clear in the earlier note. While it is true that the Eisenhower dollars contain no silver, and cannot be redeemed AT A BANK for over face value, collectors are willing to pay over the face value for coins considered to be 'collectible'. In general, only proof and uncirculated collectors coins sold from the Mint have premiums. For coins dated 1971 & 1972 uncirculated examples may have a little more value due to the fact dollar coins were not included in Uncirculated Mint sets sold in 1971 & 1972. None of them regardless of date or mintmark, struck for general circulation have any silver and most are not more than face value. Search the Internet for 'Eisenhower 1972 half dollar type' to learn how to identify the differences. Type 2 in MS63 condition is valued at around $67. Types 1 and 3 currently (February 2013) are valued at around $5 in MS63 condition.

The 1972 Eisenhower dollar has been identified to have three different variations (types) noted - Type 1, 2 and 3. 'FG''FG' is the designer's initials and appears on the front and back of all the Ike dollars except the bicentennial reverse design. The silver Ike dollars are worth about 4.50 plus a collectors premium, which makes it worth around $8.00. The silver ones that the mint made for collectors is worth around $4.44 as of June 15th, 2009, just for the silver in it. The value of a 1972 'Ike' dollar is worth around one-ten dollars, depending on its condition. AnswerUnless it is a proof coin or high-grade uncirculated certified by one of the major grading services, it is worth a dollar but I have seen some well-worn ones priced as high as $3 at flea markets. If it's a special 40%-silver collector's coin in its original package, it would retail for about $4.50 using the price of silver as of 09/2008. If it's from circulation and made of copper-nickel, it's worth face value.

Eisenhower dollar coin 1972