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'IKE'
SILVER DOLLAR
Price: $6.00
Becoming law on December 31, 1970, the bill that
created the Eisenhower dollar providing for a circulating coin made from
the copper-nickel sandwich or "clad" composition then being used for
dimes and quarters (and for half dollars beginning in 1971). It also
permitted the coining of up to 150 million silver-clad coins for sale to
collectors. These would be coined in the same composition lately used
for halves dated 1965-70, two outer layers that were 80% silver and 20%
copper bonded to an inner core that was approximately 21% silver and 79%
copper. This created an overall mix that was 40% silver, with the
balance being copper.
The regular dollar coinage dated 1974 continued
until the middle of 1975, when production of the new Bicentennial
designs dated 1776-1976 began. This left no dollar coins dated 1975. The
Bicentennial pieces were first released in the fall of 1975, and their
mintage continued through the following year. Silver-clad coins were
made at San Francisco, in addition to the circulating version coined at
Philadelphia and Denver. The regular design returned in 1977 and 1978,
when the Eisenhower series was terminated in favor of the ill-fated
Susan B. Anthony "mini dollar." For these two years, however, no Ikes
were coined in silver.
There are no rare dates within the regular coinage
of Eisenhower dollars, although several issues, particularly 1971 and
1972 dollars from the Philadelphia Mint, were poorly made and are
difficult to locate choice. A number of minor varieties resulted from
refinements to the hubs during the first few years. The Bicentennial
coins exist with either the Variety 1 reverse (broad letters) or the
Variety 2 (narrow letters). A small quantity of silver-clad dollars were
made at the Denver Mint in error and may be found dated 1974-D, 1976-D
or 1977-D. Proofs of the Bicentennial dollar were coined in 1974 at the
Philadelphia Mint without a mintmark, but none are currently known to
survive. A single silver-clad proof of the second variety has been
documented without a mintmark, its place of origin unknown.
True, gambling casinos welcomed the return of real
dollar coins to supplant the dollar-sized tokens that had been utilized
since 1965, but even the casinos ultimately tired of these coins. Too
often, customers took them home as souvenirs, since they were seldom
seen elsewhere and people imagined them to be rare.
These Silver Dollars have been in use but are in very
good shape. Use them as a card protector,
conversation piece or add it to your coin collection.
What an outstanding piece of Coin Collecting
memorabilia. SPECIFICATIONS:
Diameter: 38.1 millimeters Weight: 24.59
grams (silver-clad) Composition: .800 silver, .200 copper bonded to .209
silver, .791 copper Net Weight: .3161 ounce pure silver Weight: 22.68
grams (CuNi-clad) Composition: .750 copper, .250 nickel bonded to pure
copper Edge: Reeded. |
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