The 1974 Eisenhower silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.
Specifications
Type: Eisenhower Dollar
Year: 1974
Face Value: $1.00
Composition: 60% copper, 40% silver
Silver Weight: .3161 oz.
Total Weight: 24.59 grams
Current Silver Bullion Value: $9.18
The US minted the 1974 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.
Note that not every 1974 Eisenhower dollar is a silver coin. The US also minted the 1974 Eisenhower copper-nickel clad coin with no mint mark, the 1974 D Eisenhower copper-nickel clad coin, and the 1974 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 | 1974 S, Silver Clad | San Francisco | 1,900,156 |
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Value
This coin, regardless of condition, is worth at least its weight in silver. The silver melt value for this coin is $9.18. This melt value is calculated from the current silver spot price of $29.04 per ounce.
The standard 1974 silver dollar is worth around $18 each in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $27.
The 1974 proof silver dollar is worth around $20 in PR 65 condition. There were 1,306,579 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.
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