Eisenhower Silver Dollar

What is junk silver? Eisenhower silver dollar, Spring Hill coin shop, Vermillion Enterprises
What is junk silver? Eisenhower bicentennial silver dollar, Spring Hill coin shop, Vermillion Enterprises

The Eisenhower dollar, sometimes also called the Bicentennial dollar, was struck from 1971 through 1978 and was intended for regular commerce. Ultimately it failed to see the light of day as a circulating coin beyond the casinos of Las Vegas.

Few people knew back in the 1970s that the Eisenhower dollar would be the last circulating large-size dollar coin in the United States.

Today, it’s become one of the top modern collectible coins, and for good reason. Ike dollars constitute a relatively short series with many unusual varieties to collect.

Like Ike? Plenty of coin collectors do! A growing number of numismatists are building sets of Eisenhower dollars.

What Are Eisenhower Dollars Worth?

Eisenhower dollars appeal to collectors on a variety of budgets. Many pieces challenge even financially well-heeled collectors. Prices for some key date Ike dollars reach into the thousands of dollars.

Nonetheless, the majority of Eisenhower dollars are much more affordable to obtain.

1978 Silver Dollar Value: Mistaken Identity

1978 marked the last Eisenhower dollars struck by the United States Mint.

Following the Morgan dollar and Peace dollar series, it’s true that the Eisenhower dollar series was the last U.S. dollar coin containing silver until the introduction of the American Silver Eagle, a whole new kind of silver dollar coin, in 1986.

The concept of a 1978 silver dollar is a misconception, however. Although 40% silver Eisenhower dollars were still made for the Bicentennial versions of the coin (with a special Bicentennial design and the date “1776–1976”), all of the dollar coins dated 1977 and 1978 are copper-nickel clad. In other words, there is no silver content whatsoever in their composition, no matter what kind of finish or mintmark they have.

Quickly revising the portion of the price chart covering 1978, you’ll see that prices are in line with the most common Ike dollars.

Coin Shop Hours

  • Monday: 10AM – 5PM
  • Tuesday: 10AM – 5PM
  • Wednesday: 10AM – 5PM
  • Thursday: 10AM – 5PM
  • Friday: 10AM – 5PM
  • Saturday: 10AM – 4PM

We are conveniently located one block off of Route 19 in Spring Hill, Florida.

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