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Eisenhower Dollar 1971 - 1978
Eagle Reverse (1971 - 1974) (1977 - 1978)
Designer: Frank Gasparro, reverse based on a design by Michael Collins and James Cooper
Diameter: 38.5 millimeters
Weight: Normal: 22.7 grams. 40% silver: 24.6 grams
Normal: Cladding 75% - copper 25% nickel - core 100% Copper
40% Silver: Cladding 80% - silver 20% other - core 79% copper, 21% Nickel
No "I View" Grading
The "Peace" dollar (silver dollar) coin ended production after the 1935 issues.
However, in 1962 when a sealed vault at the Philadelphia Mint was opened, hundreds
of thousands of Silver dollars were discovered, including some rare issues which
were paid out freely till gone. The Coinage Act of July 23, 1965, required that
no silver dollars be struck for five years, when the need for them could be reevaluated.
That "need" became apparent when the Nevada gambling casinos began using dollar-size
tokens at their casinos. Customers, however, preferred dollar coins.
The death of Dwight D. Eisenhower, 5 Star General and two-term U.S. President (about
the same time as the 8-day historic lunar landing by the Apollo XI crew) prompted
a House bill that proposed commemorating both events with a dollar coin. Following
a year of debate the new "Ike" dollars were approved.
Type 1 (1971 - 1974) (1977 - 1978)
Copper Nickel Clad
On December 31, 1970, a bill creating the Eisenhower dollar was passed providing
for a circulating dollar coin made from the "clad" alloy being used at that time
for dimes and quarters (also for half dollars starting in 1971).
Type 2 (1971 - 1974)
This bill also permitted up to 150 million silver clad coins for sale to collectors
with two outer layers that were 80% silver and 20% copper bonded to an inner core
that was approximately 21% silver and 79% copper. This was the same alloy used for
halves dated 1965-70 and rendered a 40% silver coin.
Bicentennial Reverse (1975 - 1976)
Circulation Strike Content:
Cladding: 75% copper 25% nickel,
Core: 100% Copper
Circulation Strike: 22.7 grams
40% Silver Content:
Cladding: 80% silver 20% other,
Core: 79% copper, 21% Silver
40% Silver: 24.6 grams
Diameter: 38.5 millimeters
Obverse Designer: Frank Gasparro
Reverse Designer: Dennis R. Williams
Type 3 (1975 - 1976)
Nickel Clad Bicentennial Dollar
The United States bicentennial was celebrated in 1976, two hundred years after the
signing of the U.S. Declariation of Independence. As part of the celebration, three special "Bicentennial
coins" were struck as special commemorative coins, they were the quarter dollar, half dollar and the dollar.
Bicentennial dollar coins have the dual date 1776-1976 at the bottom, the dates separated
by a centered dot.
Prior to the nation's impending Bicentennial a competition for a Bicentennial design
to grace the reverses of the quarter, half and dollar, was held. Dennis R. Williams
won the design for the dollar's reverse. His visionary design of the Liberty Bell
superimposed on the moon provided a link between past and present.
Regular coinage dated 1974 ended in the middle of 1975, when the new Bicentennial d
esigns dated 1776-1976 went into production: no dollars were produced dated 1975.
These Bicentennial pieces were released in the fall of 1975, and their mintage
continued through the following year.
Type 4 (1975 - 1976)
40% Silver Bicentennial Dollar
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.
Silver-clad coins were made at San Francisco, in addition to the circulating version coined at Philadelphia and Denver.
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U.S. Eisenhower Dollars