Eisenhower Dollars 1971-1978

Coin Series
Eisenhower Dollars 1971-1978 series coin

About This Series

Serving as the last large-format dollar coin in American coinage, the Eisenhower Dollar honored President Eisenhower while commemorating Apollo 11 through Frank Gasparro's reverse depicting an eagle landing on the lunar surface with Earth in the background, adapted from the Apollo 11 mission insignia designed by astronaut Michael Collins. Circulation strikes were copper-nickel clad from Philadelphia and Denver, while San Francisco struck the 40% silver collector coins (1971-1974 and 1976) and, from 1973, clad proofs for the regular proof sets. The Bicentennial reverse by Dennis R. Williams (1975-1976) features the Liberty Bell superimposed on the moon, bearing the dual date 1776-1976 — a clever fusion of revolutionary past and space-age achievement. The large 38.1 mm diameter made the coin unpopular for everyday commerce, leading to its replacement by the Susan B. Anthony dollar in 1979. Outside parts of the West the coin saw little use, and its main commercial outlet was Nevada's casinos, where it replaced the old silver dollars in slot machines. Collectors distinguish varieties including the 1972 Type 1, 2, and 3 Philadelphia reverses (told apart by the relief of the Earth and the islands near Florida), silver versus clad compositions, and proof versus uncirculated finishes from San Francisco.

From NumisDex News

Series Information

Production Years
1971-1978
Composition
Copper-nickel clad (P, D, S proofs); 40% silver clad (S collector coins)

Browse by Base(6 bases)

Showing all 6 listings

History

Dwight D. Eisenhower died in March 1969, and Apollo 11 landed on the Moon that July. That October, Representative Bob Casey of Texas proposed one dollar coin to honor both. After more than a year of debate, Congress approved it in Title II of Public Law 91-607, signed December 31, 1970. It set a clad dollar for circulation and allowed up to 150 million 40% silver dollars for collectors, using 25.5 million ounces of silver from the national stockpile. It also named the designs: Eisenhower's likeness and the eagle of Apollo 11 landing on the Moon.

Chief Engraver Frank Gasparro designed both sides, adapting the reverse from the mission insignia drawn by astronaut Michael Collins. Philadelphia ran trial strikes in January 1971, Denver began production in February, and San Francisco held a first-strike ceremony on March 31. Gasparro kept revising the dies through 1971 and 1972, partly because the State Department thought the eagle looked hostile. CoinWeek also notes that part of the profit from the silver coins went to Eisenhower College in New York, which closed in 1983.

San Francisco sold the silver coins to collectors on mail orders: uncirculated pieces in a blue envelope ("blue Ikes") and proofs in a brown box ("brown Ikes"). Nevada's casinos, which had lost the old silver dollars their slot machines used, took the clad coins in quantity. In the East the coins were available at banks but seldom seen in change. Dollars were left out of the 1971 and 1972 mint sets. In 1973 the Philadelphia and Denver coins went only into mint sets.

Dollars struck in 1975 and 1976 carry the dual date 1776-1976 and Dennis R. Williams's Liberty Bell reverse; see 1976 Bicentennial coins. The Moon-landing reverse returned in 1977, and the series ended with the 1978 coins.

How to Identify It

The obverse shows Eisenhower facing left, with Gasparro's FG on the truncation, LIBERTY above, IN GOD WE TRUST in two lines at the lower left, and the date below. The reverse eagle descends onto a cratered Moon holding an olive branch, under 13 stars, E PLURIBUS UNUM and a small Earth, with UNITED STATES OF AMERICA above and ONE DOLLAR below. Gasparro's initials appear again between the tail and the branch.

Mint mark. Below the neck, above the date. D is Denver, S is San Francisco, and Philadelphia used no letter.

1972 Philadelphia types. NGC's diagnostics are on the Earth:

TypeEarthIslands near Florida
Type 1Low relief, flat from about 8 to 11 o'clockThree, to the right of Florida
Type 2Flattened, struck from a reverse die made for proofsNone; incuse water lines instead
Type 3Higher relief, carried into 1973-1974Three, directly below Florida

Only Philadelphia is sorted this way. Bowers lists the 1972-D with the Type 1 reverse and the 1972-S silver coins with the high-relief reverse.

1971-S relief. Bowers describes the uncirculated silver coins as lower relief than the proofs. A small number of proofs pair the proof obverse with a low-relief reverse; CoinWeek reports that PCGS recognized it in 2013 as the "Nixon presentation" dollar.

Key Dates and Varieties

  • 1972 Type 2: the scarce Philadelphia type. CoinWeek reports small releases in March and August 1972; how many were struck is not known. Compare Type 1 and Type 3.
  • 1973 and 1973-D: 2,000,056 and 2,000,000 struck. Bowers reports 230,798 and 230,742 melted, leaving 1,769,258 of each sold in mint sets.
  • 1973-S 40% silver uncirculated and proof: 1,883,140 and 1,013,646 struck, per Bowers.
  • 1971-S proof with Type 1 reverse: the Nixon presentation pairing above.
  • 1971-S prototype strikes: CoinWeek describes prototype versions of the 1971-S uncirculated coin as rare.
  • 1971-S peg leg: the R in LIBERTY lacks its foot serif. Bowers lists it among proofs and puts it down to an overpolished die; PCGS certifies it on uncirculated silver coins as FS-401 (search).
  • 1974-D and 1977-D on silver planchets: silver-clad blanks rejected for proofs were shipped to Denver by mistake. Bowers counts about 30 of the 1974-D and about 15 of the 1977-D. A heavier coin with a white core, not a copper stripe, on the edge is the sign.

Mintages

Eisenhower Dollars 1971-1978 mintages by year and mint, taken from each coin's page in our catalog. Each figure opens that coin's page, which lists its varieties and errors. A dash means no figure was recorded. Where one issue was struck in more than one type, each type is listed.

Composition and Silver Content

VersionLayersWeightSilver
Clad (all P and D, S clad proofs 1973-1978)75% copper, 25% nickel bonded to pure copper22.68 gnone
40% silver (S, 1971-1974 and 1976)80% silver, 20% copper outer layers on a core of about 21% silver24.59 g0.3162 oz

Both are 38.1 mm (1.500 inches, as the 1970 law specified), with a reeded edge. The law fixed the silver coin at 24.592 grams containing 9.837 grams of silver, which is the 0.3162 troy ounce NGC lists. An S mint mark alone does not prove silver, because San Francisco also struck the clad proofs for the regular proof sets from 1973 on. Look at the edge: clad coins show a copper stripe. The scale gap is almost 2 grams.

FAQ

Are Eisenhower dollars silver?

Only some of the San Francisco coins. The S-mint collector dollars of 1971 to 1974, sold uncirculated in blue envelopes and as proofs in brown boxes, and the 1976 Bicentennial silver sets are 40% silver, with 0.3162 troy ounce each. Every Philadelphia and Denver Ike, and the S-mint clad proofs of 1973 to 1978, are copper-nickel clad with no silver. No Eisenhower dollar was ever 90% silver.

What is the difference between a 1972 Type 1, Type 2 and Type 3 Eisenhower dollar?

Look at the Earth above the eagle. Type 1 has a low-relief Earth flattened on its upper left, with three islands to the right of Florida. Type 2, struck from a reverse die made for proofs, has a flat Earth with no islands, only incuse water lines. Type 3 has higher relief, with the islands directly below Florida. Only Philadelphia coins come in all three types, and Type 2 is the scarce one.

Where is the mint mark on an Eisenhower dollar?

On the obverse, below Eisenhower's neck and above the date. A D means Denver and an S means San Francisco. Philadelphia coins have no mint mark.

What is on the back of the Eisenhower dollar?

An eagle landing on the Moon with an olive branch in its talons, with a small Earth above and 13 stars around it. Chief Engraver Frank Gasparro adapted it from the Apollo 11 mission insignia, which astronaut Michael Collins designed. The 1970 law that created the coin called for a design emblematic of the Apollo 11 eagle landing on the Moon. The Bicentennial coins dated 1776-1976 carry the Liberty Bell instead.

Why is the 1973 Eisenhower dollar hard to find?

The 1973 Philadelphia and Denver dollars were not released for circulation; they were sold only in that year's mint sets. Each mint struck about 2,000,000, and roughly 230,000 of each were melted when the sets did not sell, leaving 1,769,258 of each. Because they were sold to collectors, uncirculated examples are easy to find.

What is a 1971-S peg leg Eisenhower dollar?

A 1971-S 40% silver dollar on which the R in LIBERTY is missing the serif at the foot of its leg. Q. David Bowers lists it on proofs and blames an overpolished die, while PCGS certifies it on uncirculated silver coins as FS-401 (search). Check the base of the R with a loupe.

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