The new silver dollar wouldn’t be made out of silver the plan was to use a copper core and a silver coating to make it 40% silver, unlike the 90% beforehand. Nevertheless, things didn’t go as smoothly as planned silver was still super expensive, so a decision has been made. It was basically a perfect situation, since a new silver dollar coin was due to be made in 1970, and this way it would honor one of the most important presidents in United States history. Now, Eisenhower died in March 1969, and immediately after his death, the legislators started forming a commemoration coin, that would be the new silver coin.

Eisenhower, also known as Ike, was an American military officer and statesman who served as the 24th president of the United States, in the period from 1953 to 1961. It forbids the use of metal in coins for the next 25 years, or to be exact, until the 1970s.ĭwight D. To prevent the misuse of the denomination, legislation was introduced as a response to the rising silver prices. Well, during the 1930s, silver dollars were largely used in the gambling industry, and the demand was high.

Ever since the Peace dollar series ended in 1935, the Mint didn’t issue a coin of the one-dollar denomination, so the Eisenhower dollar was the first one in almost two and a half decades. The Eisenhower dollar was one dollar coin issued by the United States Mint in 1971. So, without further ado, let’s dive in! The 1972 Eisenhower Silver Dollar: How Much Is it Worth? The History and Origin

In the following paragraphs, we’re going to tackle the history and origin of this coin, its current market value and price, and a lot of other interesting info that can help you get your money’s worth, whether you’re selling the coin or buying it. Regardless of whether you’re just browsing through interesting information, or you’re actively seeking relevant information for your collection as a numismatist/coin enthusiast, this is the best starting point. However, no other coin is more in demand and more talked about than the Eisenhower silver dollar.Īmongst the most interesting issue of the Eisenhower silver dollar is the 1972 issue, which is the exact topic of this article. coins are highly sought-after and as such are highly valued and priced as well.

Eisenhower dollar 1972 type 2