1978 us dollar coin

The United States Mint recognized that the large size of the one dollar coin was suboptimal if the coin was to see widespread circulation and acceptance in vending machines. The Eisenhower dollar measured Bythe Mint had come to realize that producing half dollars in silver was a mistake. That same bill called for the half dollar to be 1978 us dollar coin in copper-nickel as well.

The Eisenhower dollar is a one-dollar coin issued by the United States Mint from to ; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in The coin depicts President Dwight D. Eisenhower on the obverse , and a stylized image honoring the Apollo 11 Moon mission on the reverse. Both sides were designed by Frank Gasparro , with the reverse based on the mission patch designed by astronaut Michael Collins. It is the only large-size U. In , because of rises in bullion prices, the Mint began to strike copper-nickel clad coins instead of silver. No dollar coins had been issued for thirty years, but, beginning in , legislators sought to reintroduce a dollar coin into commerce.

1978 us dollar coin

Its size, weight and luster set it apart from modern versions. The last one was minted in , marking a moment in US numismatic history. So what does that mean for the silver dollar value? Although was to be the final year Eisenhower dollars were minted, they were still made in large numbers. The Philadelphia mint struck nearly 26 million coins for circulation, while the Denver mint struck over 33 million. When it comes to uncirculated coins, their value is largely dependent on their quality. And there can be a major difference in the value of coins even one grade point apart. The Eisenhower dollars that are generally most difficult to find in excellent condition are those struck in and The strikes in those years were relatively poor, and most coins destined for circulation were nicked or scratched when they were transported from the mint. In addition, no mint sets were produced in those years, so getting hold of the coins was more challenging for collectors. But for silver dollars , the big jump in rarity — and hence value — comes between mint state MS 66 and The number is similar for those minted in Denver. But at MS67, the numbers are only seven coins from Philadelphia and four from Denver. And at present, no coin of finer quality is known to exist. Proof coins were struck for collectors, so they are of the highest quality.

The United States had issued commemorative coins between andas a means for fundraising for organizations deemed worthy of federal support. Postage stamps Dwight D. The coin was struck again for circulation inwas included in mint sets and proof sets, and was available in proof and uncirculated silver clad from San Francisco, 1978 us dollar coin.

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Coins Guide. This post may contain affiliate links. If you buy thru these links, we may earn a commission at no additional cost to you. In this article, you will learn the current value of your Eisenhower dollar coins. Eisenhower dollars were first struck in , and they remained in production through Therefore, the Ike dollars we are talking about today are the last ones in the series. Ike dollars honor Dwight D. Eisenhower, who was an army general in World War II and served as a two-term president of the United States from through

1978 us dollar coin

Eisenhower dollars were minted from through and designed by Frank Gasparro. The Eisenhower dollar symbolizes at least two numismatically significant elements, being the first dollar coin minted during the copper-nickel clad era which began in and the last regularly issued dollar coin with physical dimensions approximating the traditional silver dollars of earlier times. In and , all Eisenhower dollars honored the nation? The bicentennial design, by Dennis R. Williams, was replaced in with the coin? While hundreds of millions of Eisenhower dollars were made, copper-nickel clad business-strike specimens grading MS65 or better are remarkably scarce. This is because the coins are relatively large and heavy and thus more prone to surface gouges and other imperfections during shipment in bags. Show More Hide More. The prices listed in our database are intended to be used as an indication only.

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The last one was minted in , marking a moment in US numismatic history. Bicentennial Reverses. The Eisenhower dollar is the only large-format dollar ever minted in copper and nickel. The design is ringed in stars. These provisions would become part of the enacted bill authorizing the Eisenhower dollar. Read Edit View history. By , the Treasury was concerned about the drain on resources from striking the dollar, which did not circulate. A silver dollar combined a grading of MS67 with a strike that was 10 per cent off-center. Congress authorized the Susan B. And because they were sold to collectors, most were stored carefully and kept in great condition. Although was to be the final year Eisenhower dollars were minted, they were still made in large numbers. No dollar coins had been issued for thirty years, but, beginning in , legislators sought to reintroduce a dollar coin into commerce. Brooks called a halt in production to allow Gasparro to modify the dies; the most noticeable change is that the revised issue, or Type II as it came to be known, have narrower, sharper lettering on the reverse. True, casino interests found the coins an ideal replacement for the silver dollars that once poured into their slot machines, but for the rest of America, the Eisenhower dollar was a novelty coin at best, and a government boondoggle at worst.

The era of the big dollar coin was already coming to a close when the United States Mint struck the last 59,, Eisenhower dollar coins for circulation at the Denver and Philadelphia mints.

The circulating dollar, though, would have no silver and would be struck in larger quantities. Postage stamps Dwight D. Eisenhower U. A silver dollar with this error was presented at auction in Proof: [95] S silver 4,, "brown Ike" S silver 1,, "brown Ike" S clad 2,, Regular annual set S silver 1,, "brown Ike" S clad 2,, Regular annual set S silver 1,, "brown Ike" —S clad Type I 2,, regular annual set —S clad Type II 4,, regular annual set S silver 3,, 3-coin Bicentennial set S 3,, Regular annual set S 3,, Regular annual set. For the collecting market, some coins were also produced with a silver cladding, making them 40 percent silver. Billon x Bronze —, patterns struck in Uncirculated examples are also plentiful. Although was to be the final year Eisenhower dollars were minted, they were still made in large numbers. Such exotic metals as titanium were considered before the Mint decided on the standard clad composition. He prepared two different designs for the reverse, both of which involved an eagle.