Usually, when people go into coin collecting, they would
go for the most valuable or rare ones. Collectables like really old coins
and new commemorative ones are most often pursued by serious coin collectors,
leaving out the Eisenhower behind. This can be attributed to it not being
90% silver, and thus people might not deem it valuable. Also, it is not
rare, as there are plenty of them even in uncirculated straight from mint
condition. But having an Eisenhower could hold big potential for
you. Find out how by reading this
article.
Remember that the Morgan Dollar used to be not worthy of collecting.
But look where it is now. It’s considered as one of the most popular coins
that you can collect in brilliant condition at just a reasonable cost.
So, hold on to your Eisenhower silver dollar!
Since it is readily available, and extremely reasonably priced, then it would be
much easier for you to complete a collection. And well, any completed
collection is definitely worth having. Start collecting your Eisenhower
dollar now.
But what really is an Eisenhower
dollar?
The Eisenhower Dollar is a dollar coin that was issued
by the U.S. government from the years 1971-1978. It was the first U.S.
dollar that was not made out of precious metal. Both the obverse and
reverse are designed by Frank Gasparro on 1971.
What are its physical
characteristics?
Its denomination is at 1 U.S. dollars. It weights
about 22.68 grams, with a diameter of 38.1 mm, and a thickness of 2.58 mm.
Its edge is reeded. Its outer layers are composed of 75% copper and 25%
nickel. On the other hand, its core is made up of 100% copper.
It features General/President Dwight D. Eisenhower on
its obverse, and the Apollo Mission Insignia on the reverse.
Aside from these copper-nickel issues, are there
silver-copper ones?
Yes. In fact, there were some Eisenhower dollars
that were minted in a 40% silver clad. The Eisenhower Silver Dollar was
especially minted to be sold to colectors. All of the Eisenhower Silver
Dollar coins were minted at the San Francisco Mint, with the dates 1971-1974,
and 1976. The coins were either proof or uncirculated. Proof coins
were called “Brown Ikes” while uncirculated ones were called “Blue Ikes”.
What are the specifications for the
Eisenhower Silver Dollar?
The silver-copper issue, or Eisenhower Silver Dollar
coin weighs 24.59 grams. Its outer layers are composed of 80% silver, and
with a center of 20.9% silver. As a whole, it contains about 60% copper
and 40% silver. Its silver content is about 0.3194 troy ounce or the
equivalent of 9.841 grams.
So, with all that, remember that the Eisenhower can hold
big potential for you in the future. When losing hope, just bring back to
mind the Morgan Dollar, which used to be deemed unworthy of collecting, but now
considered one of the most pursued coins. Who knows, the Eisenhower
collection you have today, could sell to amazing value in the
future. So, hold on to them tight, and start completing your
collection now. Any coin collection is valuable!