silver and gold coins Updates

Numismatists Article Of The Day

Your Ike Silver Dollar - How Much Is It Worth?

By Mark Vidrow

So, you've stumbled across an Ike Dollar, and now you want to find out how much it's worth. Well, you've come to the right place. Identifying the value of any coin is very important. By doing so, you can be assured that the coin you are selling is worth the amount paid. It can also help you when you're buying coins, as knowing the value will assure you that you are getting your money's worth, and are not paying for overpriced coins.

But before going into that, here are some facts about the Ike Silver Dollar.

During the years 1971-1978, the U.S. government issued out the Eisenhower Dollar. It was the first U.S. dollar that did not make use of a precious metal. In fact, it was composed of 100% copper, with its outer layer composed of 75% copper and 25% nickel.

But, there were also silver-copper issues released by the U.S. government. These silver-copper issues, or what we call the Ike Silver Dollar coins, were especially minted for the purpose of selling to collectors. They were minted at San Francisco, at years 1971, 1972, 1973, 1974, and 1976. These coins were either proof (Brown Ikes) or uncirculated (Blue Ikes).

What are Eisenhower silver dollars specifications?

The coin's diameter is 38.1 mm, and weighs 24.59 grams. It's composed of .800 silver, .200 copper bonded to .209 silver. Aggregate 60% copper and 40% silver. Its Net Weight is .3161 ounce pure silver, or 9.841 grams. It has a reeded edge.

Why it's worth collecting

The Ike Silver Dollar will always hold a special place in the heart of any American coin collector. The Ike Dollar of 1971-1976 holds the largest portrait of a president, or any real person for that matter, to ever appear on a regular-issue American coin. It is also considered very unique, since it is the last of the great traditional size 38 mm silver dollar series.

How to tell its worth

Identifying the value of your Ike Silver Dollar is not as easy as you think it is. You have to consider factors like year of minting, exactly what variety it is, and also the condition.

Most of the Ike silver dollars are in banged up or worn condition. In this case, it could be worth just the face value or maybe a bit more basing on the silver content. But even with that, it isn't much since the coin is really not made up of 90% silver.

Those Ike silver dollars that are in mint state condition will have a higher value, probably around $50+, again depending on its date, exact grade, and grading company.

Those with lower grades but are uncirculated can still cost you about $10 or more. Those that are circulated are probably worth $1, unless you have the rare ones that command a premium. These rare coins include 1972 type 2, type 3, and 1976 type 1. These coins sell for a little over its face value.

So, although the Ike dollar is really not worth much, it can still be a fun coin to collect. Remember, they are the last of the big and heavy dollar coins produced in the U.S., so you can keep it as a treasured memento.

About The Author

Learn more about the Eisenhower Silver Dollar, as well as all of the earlier silver dollars and those currently being minted in the United States at: http://www.SilverDollarCoins.Info

More Numismatists News

Mexico: 50 Peso 1947 golf coin. Mexico's silver and gold coins are highly collected due to the common border shared between Mexico and the United States.
Buy u s gold coins in our store.

Central banks and the International Monetary Fund play an important role in the gold price. At the end of 2004 central banks and official organizations held 19 percent of all above-ground gold as official gold reserves. The Washington Agreement on Gold (WAG), which dates from September 1999, limits gold sales by its members (Europe, United States, Japan, Australia, Bank for International Settlements and the International Monetary Fund) to less than 400 tonnes a year. European central banks, such as the Bank of England and Swiss National Bank, have been key sellers of gold over this period.
Buy discount gold bullion coins in our store.

South Africa minted its first gold coin called the Krugerrand in 1967. This coin has no face value but merely stands as a symbol. It is made of 1 ounce of gold and can be purchased for investment purposes. Since then other countries also minted bullion coins. Canada made the Gold Maple Leaf in 1979 and Australia made the Nugget in 1981. These two are much more popular than the South African coin because of its 24 carat purity.
Buy us radar paper money.

More silver and gold coins Information

As part of his data gathering work he contacted Monica Wallace at WRME input from several coin dealers, a representative of the American Numismatic Association and the U.S. mint. He also called WRME to place an order.

Some rarities circulated through many hands

Sun, 15 Jun 2008 18:14:00 +0000
Today it is a great treasure, easily among the top few coins to have been available to every American coin collector if they had only wanted an...



This is a content summary only. Visit my website for full links, other content, and more! ]]

Coin Trivia for 27 May 2008

1. Where is the mint mark located on a 1974-D dime?

3. When did the BEP produce its first American Numismatic Association souvenir card?


5 dollar liberty gold coins
gold bullion bars coins
Tags: gold coins collectibles | gold dollar coins