1976 was the last year that Eisenhower "Ike" dollars were minted. The 1776-1976 Eisenhower silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1776-1976 Silver Dollar

1776-1976 Silver Dollar Reverse

Specifications

Type: Eisenhower Dollar
Year: 1976
Face Value: $1.00
Composition: 60% copper, 40% silver
Silver Weight: .3161 oz.
Total Weight: 24.59 grams
Current Silver Bullion Value: $9.74

This coin has a special design on the reverse side of the coin to celebrate the bicentennial of the United States. The bicentennial marks the 200th anniversary of the signing of the Declaration of Independence.

The reverse side of the coin features the Liberty Bell and the moon. The obverse side of the coin features the same design as the Ike dollar series from previous years.

The US minted the 1776-1976 S Eisenhower silver dollar as an uncirculated coin and also as a proof coin. Most of the coins minted were proof coins. The mint mark can be found above the date.

It's important to note that not every 1776-1976 Eisenhower dollar is a silver coin. The US also minted the 1776-1976 Eisenhower copper-nickel clad coin with no mint mark, the 1776-1976 D Eisenhower copper-nickel clad coin, and the 1776-1976 S Eisenhower copper-nickel clad coin.

It's relatively easy to tell the difference between the silver clad coins and the copper-nickel clad coins. The silver coins will look shinier, and they will also weigh more. The silver coins weigh 24.59 grams compared to the copper-nickel coins that weigh 22.68 grams.

Series Location Quantity Minted
1776-1976 S, Silver Clad San Francisco 11,000,000

Value

This coin, regardless of condition, is worth at least its weight in silver. The silver melt value for this coin is $9.74. This melt value is calculated from the current silver spot price of $30.83 per ounce.

The standard 1776-1976 silver dollar is worth around $18 in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $22.

The 1776-1976 proof silver dollar is worth around $22 in PR 65 condition. There were 4,000,000 proof coins minted.

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Grading System

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1974 Silver Dollar
1973 Silver Dollar
1972 Silver Dollar