1971 Silver Dollar

  1. 1971 Silver Dollar Coin
  2. Silver Dollar 1971 Eisenhower
  3. 1971 Silver Dollar Value
  4. 1971 Silver Dollar With Eagle On Back Value
  5. 1971 Silver Dollar Proof

Is the total melt value for the 1971-1974, 1976 silver Eisenhower 'Ike' dollar on February 05, 2021. However, please keep in mind, silver Eisenhower dollars were issued as a collectible only and are not generally found in circulation. I cannot stress this enough. These 40 percent silver dollars are available in two varieties – the 1971-S uncirculated and 1971-S proof varieties (also referred to as “blue pack” and “brown pack,” respectively, to identify the color and type of mint packaging they originally came in).

CoinTrackers.com has estimated the 1971 S Eisenhower Dollar Proof value at an average of $7, one in certified mint state (MS+) could be worth $69. (see details)...

Type:Eisenhower Dollar
Year:1971
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 6,868,000 [?]
Silver Content: 40%
Silver Weight: .3162 oz.
Silver Melt: $8.61
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $7, while one in certified mint state (MS+) condition could bring as much as $69 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1971, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: The numbers and values above are for the S (San Francisco) minted 1971 Ike Dollars. If you look at the mintage numbers you can see only 6.8 million of these were issued. Compare that number to the 68 million issued in Denver that year and you can see how rare the S minted Eisenhower dollars are. This is because congress only agreed to issue limited 40% silver dollars and these were to be included in collector sets sold by the mint.

Numismatic vs Intrinsic Value:This coin in poor condition is worth $1.61 less than the intrinsic value from silver content of $8.61, this coin is thus more valuable to a silver bug than to a coin collector. You will most likely find however that it is hard to get a coin for less than spot price. At least that has been our experience. Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth..

Current silver melt value* for a 1971 S is $8.61 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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1971 Silver Dollar Coin

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**When we say that 6,868,000, of these coins were produced or minted in 1971 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

We use user submitted pictures please read that article if you are interested in adding your own.

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The 1971 Eisenhower Dollar (Buy on eBay) was the first year of issue for the series. This release also represented the first dollar coin issued by the United States Mint since 1935, when the previous Peace Dollar series concluded.

1971

Trial strikes for the new dollar were prepared at the Philadelphia Mint on January 25, 1971 in an event open to members of the press. The trial strikes were produced from several trial working dies on 40% silver blanks prepared by the coiner. The first production strikes for the Eisenhower Dollar officially took place on March 31, 1971 at the San Francisco Mint. Production at the Philadelphia and Denver Mints commenced later in the year.

Silver Dollar 1971 Eisenhower

The coins struck at San Francisco were silver versions struck for collectors. Congress had authorized the production of up to 150 million of the new dollar coins struck in a composition of 40% silver over a four year period. Uncirculated versions were sold to collectors for $3.00 per coin, while proof versions were sold for $10.00 per coin. Orders were first accepted on July 1, 1971 with fulfillment beginning in early August.

The Philadelphia and Denver Mint struck the Eisenhower Dollars for general circulation, using a copper nickel clad composition. The first coins were released into circulation on November 1, 1971. Finding examples of these early clad Ikes in high grade can be challenging, particularly for the Philadelphia Mint strikes, which can exhibit weak strikes or heavy contact marks.

1971 silver dollar

1971 Silver Dollar Value

1971 Eisenhower Dollar Mintages

  • 1971: 47,799,000
  • 1971-D: 68,587,424
  • 1971-S Silver: 6,868,530
  • 1971-S Silver Proof: 4,265,234

1971 Silver Dollar With Eagle On Back Value

Coin Specifications

1971 Silver Dollar Proof

  • Designer: Frank Gasparro
  • Composition: 91.67% Copper, 8.33% Nickel (clad), 40% Silver, 60% Copper (silver)
  • Weight: 22.68 grams (clad), 24.59 grams (silver)
  • Diameter: 38.1 mm
  • Edge: Reeded

1972 Eisenhower Dollar >