But its still important to know whether you have a proof or business strike. This mark will indicate the silver authenticity and guarantee the coin is 40% silver and truly valuable. You also agree to receive e-mail marketing from Oxford Gold, our affiliated companies, and third-party advertisers. I hope this article helped you understand where your coin fits into the picture regarding valuation. Proofs boast a mirror-like surface, whereas business strikes have a satiny appearance. Dollars were not included in proof sets until 1973. The highest graded Type 3 coin known to exist is one graded MS66+ by the PCGS. If you have one in uncirculated condition, you could sell it for as many as 4 digits or more. It is obvious that uncirculated and proof coins are worth a lot in comparison to circulated coins. After all, who wouldnt prefer spotless around 50 years old coins, right? Also, click here to Learn About Grading Coins. Of course, if you want to be sure, you should see an expert and let them inspect and guarantee the coins authenticity. Next is determining whether your 1972-S dollar has a proof or uncirculated finish. Despite itslow-relief appearance, it is possible to distinguish the islands. Whatever be your reasons, we wish you get the best deal around! Silver coinshave been a part ofhuman currency for thousands of years. Here are the most popular Eisenhower dollar errors and what theyre worth: Stay up to date with everything about U.S Coins, We dont spam! Except for 75.8 million coins minted in Philadelphia, in which you wont find any mint marks, all the coins consist of a mint mark near the date. Most 1972 Eisenhower dollars were struck with a copper-nickel clad metallic base, as most large-denomination U.S. coins were beginning in 1971. Rarity goes alongside value. Face Value: $1.00 A few light contact marks may be present but they are barely noticeable. Coin grading systems vary between those of the American Numismatic Association, which we explain here, and European systems. The three differences are all found on the coin's reverse. This is everything you need to know regarding the 1972 silver dollar value, including how to check the coins you wish to add to your collection or sell for profit. The values reflect examples in MS-63 (uncirculated) and Proof-65 grades. Do you notice a solid silver stripe all over the edges? But it's still worth more than face value even in circulated condition. Don't attempt to clean a coin yourself. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Look closely at the Earth on the obverse to identify which type of Philadelphia coin you have. Some 1972 silver dollars can have other types of mint marks. This was when unscrupulous traders would slice small pieces of gold or silver off the edges of coins. However, the U.S. Mint issued these special 1972 silver dollars to coin collectors in special packaging and very few ever reached circulation. NO Ike dollars were included in 1972 mint sets or proof sets. Since the Philadelphia mint used only one coin die for making this variety, it is almost impossible to find one on the collectors market. The NGC US Coin Price Guide shows average dealer retail prices based on actual, documented transactions and other information reported by collectors, dealers and auction houses for NGC-certified coins. The 1972 proof silver dollar is worth around $20 in PR 65 condition. When it comes to errors, I can tell you for a fact that there are only 100,00 1972 silver dollars that have a specific rare error. Lets get back to those three 1972 Eisenhower dollar varieties for a moment What makes them different from each other? 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. This coin is highly valued due to its low mintage and rarity. A simple way to figure out that a coin is a proof is by checking the PR mark. The Type 3 began to be produced roughly half way through the year. [Read below](/blog/eisenhower-silver-dollar-value#whatareeisenhowerdollarsworth) for a full list of Eisenhower dollar prices. 1972 Ike dollars were produced at three minting branches Philadelphia, Denver, and San Fransisco. Uncirculated Eisenhower dollars are commonly referred to as blue pack Eisenhower dollars while proof specimens usually go by the moniker brown pack. Whats up with those color-coded designations? For more information on buying and selling 1972 silver dollars, please contact Gainesville Coins. Needles to say that the rarity of a coin is also a factor that influences the final value. Before you try to figure out how much is your 1972 dollar worth, you must know whether the dollar you own is circulated, uncirculated, or proof. 1972 Silver Eisenhower Dollars were only struck at the San Francisco mint. It will also show you how to determine the four key factors below by simply looking at your coin. A breakdown of the mintages for these two types of Eisenhower dollars shows that 2,193,056 uncirculated 1972-S Eisenhower dollars were made while 1,811,631 proof 1972-S dollars were struck. And a blue Ike graded PR69 and with a deep cameo designation will sell for between $50 and $70. Sometimes errors will be visible on both sides of the coin, sometimes on only one. Uncirculated coins are those that have been stored in store collections or personal collections. We do not buy or sell precious metal. This is true for both silver and clad proofs. So finding a coin with a weak image of the Earth doesnt necessarily mean its valuable. The 1971 silver dollar, which refers to the Eisenhower dollar, is worth $26 in uncirculated excellent condition (MS65). Values are for coins that serve as a typical representation for their grade. Its intricate design, high silver content, and historical significance make it a collector favorite that makes for a great gift. The 1975 and 1976 designs of the Ike Dollars featured the Liberty Bell instead of the moon landing elements. Type 2 The Type 2 is the scarcest of the three copper-nickel 1972 Ike dollar varieties. So what are you waiting for? In the case of a 1972-S 40% silver Eisenhower dollar, this will have little bearing on the coins value in most cases. Yes! If anyone is interested in buying this or know somebody who would be I will leave my email address here and I will send pictures front and back. Joshua McMorrow-Hernandez is a journalist, editor, and blogger who has won multiple awards from the Numismatic Literary Guild. These coins have the same design as the Type III Philadelphia coin. You can use this quick reference guide to figure out what your coin might be worth: Mintage: 75,890,000Mint: PhiladelphiaComposition: 75% Copper and 25% NickelAverage Value in Mint State: $5 up to $3,250 in MS66Auction Record: sold for $7,475 at Heritage Auctions on April 27th, 2011, Mintage: 75,890,000Mint: PhiladelphiaComposition: 75% Copper and 25% NickelAverage Value in Mint State: $90 up to $10,500 in MS66Auction Record: sold for $9,988 at Heritage Auctions on June 1st, 2016, Mintage: 75,890,000Mint: PhiladelphiaComposition: 75% Copper and 25% NickelAverage Value in Mint State: $21 up to $5,000 in MS66+Auction Record: sold for $4,700 at Heritage Auctions on August 1st, 2014, Mintage: 75,890,000Mint: DenverComposition: 75% Copper and 25% NickelAverage Value in Mint State: $21 up to $5,000 in MS66+Auction Record: sold for $4,700 at Heritage Auctions on August 1st, 2014, Mintage: 2,193,056Mint: San FranciscoComposition: Outer layers of 80% Silver and 20% Copper; Center core of 79% Copper, 21% Silver; Weight 41.7 grams; Diameter 38.1 mmAverage Value in Mint State: $13 up to $3,000 in MS69Auction Record: sold for $5,750 at Heritage Auctions on September 21st, 2005, Mintage: 1,811,631Mint: San FranciscoComposition: Outer layers of 80% Silver and 20% Copper; Center core of 79% Copper, 21% SilverAverage Value in Mint State: $7 up to $25 in MS69, but MS70 specimens showcasing a deep cameo effect can reach up to $ 450Auction Record: sold for $4,715 at Heritage Auctions on April 25th, 2002. However, on rare occasions, one of these dollars can have a value of hundreds or thousands of dollars. Save my name, email, and website in this browser for the next time I comment. The word Liberty appears above Eisenhowers head, and the inscription In God We Trust appears below the bust with the date. Find one of the finest quality, however, and prices increase dramatically. Today, they average about $9 to $15 in value. Troy ounces weigh about 2 grams more than the standard ounce. Go up a few grade points, though, and the coins become rarer and more valuable. And, since theyre no longer in circulation, youll have to look for ike dollars in order to find them. Diameter: 38.1 mm Mass / Weight: 22.68 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. A total of 2,193,056 of the 1972-S uncirculated silver dollars were made. Also present is the Latin motto, E pluribus unum. The Type 1 and Type 3 prove to be the most common, and the Type 2 is remarkably scarce. Still, the silver Ikes are the ones that hold the most value across the board. The standard 1972 silver dollar is worth around $18 in MS 63 uncirculated condition. Eisenhower Dollar's produced in 1972 are 40% silver to be precise, and contain .3162 troy oz or 9.834 grams in total of .999 pure silver. First and foremost, is your 1972 Ike dollar even silver? The information on this page does not constitute an offer to buy or sell the coin(s) referred to. And well find out how to tell if your coin is worth big money. But if its a Type 2 and MS65 and above, it can easily command five figures. In the next section, well discuss how coin grading also plays a significant role in determining the cost of 1972 dollars. Most 1776-1976 Bicentennial dollars are worth $1.05 to $1.20 each. In 1972, the series was still young, and the year saw a variety of different coins being produced. Year: 1974. Generally speaking, silver dollars are much heavier than common ones. The reverse design, by Chief Engraver Frank Gasparro, incorporates the Apollo 11 insignia. How to Open a Gold IRA Tax & Penalty Free. No purchase required. Nowadays, toys reek of cheaply-made plastic. But as time went by, it became clear that the new coins werent popular outside casinos. Likewise, the Caribbean Islands look like one singular big island rather than three small ones. It can bedistinguishedfrom Type 1 by its higher relief feature. Also on this side of the coin is the word Liberty and the motto, In God we trust. Theyre easy to find even in mint state. Firstly, the islands below Florida are flat and almost indistinguishable. The Eisenhower silver dollar is one of the most desired coins out there. The image of an eagle landing on the moon came from a patch designed by the astronaut Michael D. Collins and others. )Continue, The allure of old toys cant be overstated. It was missing about 3 per cent of its surface area. Proof coins gradings range from PR-60 to PR-70. The Various Types of 1972 Dollars These silver Eisenhower dollars were all made at the San Francisco mint and were offered in both proof and uncirculated varieties. During the early stages of circulation, a coins design and surface start showing signs of wear and scratches, which can reduce its value. Though unpopular during 1972 for being big and bold, 1972 Eisenhower dollars are one of the favorites of coin collectors these days. By clicking the button above, you agree to ourPrivacy Policyand Terms of Service and authorize Oxford Gold or someone acting on its behalf to contact you by text message, ringless voicemail, or on a recorded line at any telephone or mobile number you provide using automated telephone technology, including auto-dialers, for marketing purposes. These coins were minted between 1935 and 1967 and are made from 80% silver and 20% copper. While the first few weeks of the month proved that the economy was nowhere near recovery, one, On March 22, the Federal Reserve once again increased interest rates, though only by 25 basis points this time, displaying a less hawkish stance following. Thus, they are as good as new and have no signs of abuse. The silver coins will look shinier, and they will also weigh more. Eisenhower dollars with their original United States Mint packaging have higher values, and you can expect a coin dealer to offer you a premium for these collectible dollars. In conclusion: How much is a 1972 silver dollar worth? 2023 The Oxford Gold Group. CoinTrackers.com estimates the value of a 1972 Kennedy Half Dollar in average condition to be worth 50 cents, while one in mint state could be valued around $15.00. Were going to explore the 1972 silver dollar value. Get our deeply informative investment guide, free of charge. Latest Offers, Straight To Your Inbox. The US Mint made more than 170 million Eisenhower dollars in 1972. Bottom Line: All Eisenhower dollars made of silver will have an "S" mintmark; BUT not all Eisenhower dollars with an "S" mintmark will be made of silver. It had been created to mark the successful Apollo 11 mission. But a D on the coin signifies it was minted in Denver, and an S means it came from San Francisco. 1972 S Eisenhower Dollars : Silver Clad Silver Composition Mintage: 2,193,056 Minted at: San Francisco Designer - Engraver: Frank Gasparro Metal Composition: 40% Silver - 60% Copper Diameter: 38.1 mm Mass / Weight: 24.59 grams What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. 1972 was the second year in which the coins known as Eisenhower dollars were minted. Silver weight is measured in troy ounces. Unfortunately, not all three are easy to find (we will talk more about this later), but there are still significant differences regarding their value today. So finding good quality examples today isnt difficult and prices remain conservative as a result. Most are worth little more than their face value. The value of a 1972-D no FG Kennedy half dollar is between $300 and $500, even in circulated condition. A 1972 silver dollar graded MS66 by the NGC, and with a double die error on the reverse, sold for $100. The earth outline on the reverse on Type 1 coins is flat from about 9 oclock to about 11 oclock. Youre going to need to know what type of 1972 Eisenhower dollar you have, as well as if it is a 40% silver Eisenhower dollar or copper-nickel clad one. Error coins can be valuable too, especially if the error is on a good quality coin. 1794 silver plug Flowing Hair silver dollar. Frank A. Barber is a finance, travel, and technology writer based in Beverly Hills, California. As a result, it waseasier to minethan other metals like gold or copper, making itmore accessibleto people all over Europe and Asia (where it continued to be famous well into the 20th century). 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. 1973-S Eisenhower dollar. Your Ike Dollar is likely of the copper/nickel variety and worth face value ($1). This melt value is calculated from the current silver spot price of $25.05 per ounce. The finest examples known to exist are graded MS66. A growing number of numismatists are building sets of Eisenhower dollars. Chances are any 1972 Ike dollars that you have are made from copper-nickel clad. Proof, Circulated, And Uncirculated Coins: Whats The Difference? The mint mark can be found above the date. Like Philadelphia dollars, those minted in Denver arent worth much more than their face value in circulated grades. Even though the face value of these coins is only $1, they might have a higher numismatic value to collectors and bullion investors interested in silver coins. Three minting branches produced 1972 Eisenhower Dollars: the Philadelphia Mint, the Denver Mint, and the San Francisco Mint. ** Related Post: 11 Most Valuable One Dollar Coin Worth Money, 1965 Quarter Value Guide (Rare Errors & No Mint Mark), 1921 Silver Dollar Value Guide (Rare Errors, D, S, and No Mint Mark). In MS 65 uncirculated condition the price rises to around $22. But as that date grew closer, the calls for a new silver dollar became louder. Related Post: 16 Most Valuable Presidential Dollar Coins Worth Money. If the Caribbean islands are incised on the surface instead of raised above it, you have a Type 2. A 1972-D Kennedy half dollar sold by Professional Coin Grading Service for $2,485.13 in 2016 set a record price for one without the FG initials (PCGS). Face value is simply $1, but these coins are worth much more than that, even thousands if youre lucky enough to get your hands on rare pieces. Even Type 1 and Type 3 MS66 and above are rare and auctioned for thousands of dollars. Image source: Reddit user rddt1983. Only about 100,000 were struck during that time, with perhaps only 40,000 surviving. Rob Paulsen Coins 1972 Silver Dollar Value Guide (Rare Errors, D and S Mark). Real Helpful. A: Most of the 1972 silver dollar coins should have an S mark right below Eisenhowers neck. Uncirculated coins are graded from MS60 to MS70. Eisenhower dollars were issued by the U.S. mint from 1971 to 1978 to honor the late former PresidentDwight D. Eisenhoweron March 28, 1969. The branch produced uncirculated and proof strikes of the dollar coin for collectors. MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. And, needless to say, Type 2 is worth the most among the 1972 Eisenhower coin series. Standard coins for circulation were struck in the Philadelphia and Denver mints. You dont have to do any further testing or bother asking an expert regarding this matter. This popular series isalso known as the Ike Dollarbecause ofEisenhowers famous nickname. Note: These prices are tabulated on the basis of recent auction information provided on the PCGS official site. Just under 2.2 million uncirculated blue Ikes were struck, and just over $1.8 million brown Ikes, the proofs. He is a former bank manager and corporate finance professional who left his day job in 2018 to educate and write finance articles full-time. But there are some variations in the obverse too. Frank Gasparro was the designer for both the obverse and reverse sides of 1972 coins. Thus, PR70 graded coins are flawlessly mirror-like shiny proof coins. Proof coins, however, are struck differently compared to uncirculated and circulated coins. Type 1 The island of Cuba, seen below a stumpy peninsula of Florida, appears as a tear-drop blob rather than the crescent-shaped peninsula that it is. You will learn how the condition (aka grade) of a coin greatly affects its value and desirability. The 1972 Eisenhower dollar values above show that even circulated versions of the 1972 Type 2 clad dollar are worth looking for and saving. The obverse the heads side of all Eisenhower dollars carry the former presidents portrait. These islands are Cuba, Haiti, Jamaica, and the Dominican Republic. Heres a further rundown on the six types of 1972 dollars: Note that there are no 1972-S copper-nickel clad proofs. For many years, American casinos had been using tokens in the place of dollar coins. The obverse (heads side) design by U.S. Mint Chief Engraver Frank Gasparro captures a portrait of Eisenhower, who passed away at the age of 78 in 1969. The value of a 1972 silver dollar depends on several factors, such as the condition, rarity, and demand. Ultimately it failed to see the light of day as a circulating coin beyond the casinos of Las Vegas. Proof coins are special early samples of an issue and generally have a higher value than circulated or uncirculated coinage. Don't be the last to know about the latest deals Another notable diagnostic of the Type 1 is the coins overall strike, which is rather soft and results in a low-relief appearance. Join us today for FREE! If your coin was minted in Philadelphia and has no mint mark, its probably worth $6 and $8. The US also minted the 1972 Eisenhower copper-nickel clad coin with no mint mark and also the 1972 D Eisenhower copper-nickel clad coin. Also, Florida itself is pointier in form than as seen on the Type I and Type III varieties: Estimates vary on how many Type II dollars were made, but the consensus is that just one reverse die struck the coin. CoinTrackers has built a tool that will let you know if your coin is silver or not. However, the total Type 2 coins struck at the Philadelphia mint facility are estimated to be less than 100,000, which makes Type 2 coins the rarest and most sought-after 1972 coins. However, most Eisenhower dollars minted (and virtually all that will ever been encountered in pocket change) are made from copper-nickel clad. Therefore, stickers such as CAC and MAC are claimed to increase the overall value of a coin. Only around two million of them were silver, with the rest being copper-nickel clad. Sometimes a planchet is clipped during the minting process. However, the details of a proof Eisenhower dollar are much stronger and distinct than on an uncirculated strike. Don't be the last to know about the latest deals and new product arrivals. Start browsing our site today! But gamblers preferred to use the real thing, and the supply of large silver dollars was dwindling. Both varieties are highly sought after by coin collectors who assemble date-and-mintmark sets of Eisenhower dollars, and both coins are worth around $10 each when the silver spot price is at $20 per ounce. These coins are known as brown Ikes and blue Ikes to this day. Bottom Line: The date on a silver dollar is important because it will generally tell you how rare the coin is. Conversely, the 1972 nickel is 75% copper and 25% nickel. Though unpopular during 1972 for being big and bold, 1972 Eisenhower dollars are one of the favorites of coin collectors these days. 1984 Olympics commemorative silver dollar. and new product arrivals. On the reverse side, the coin features the Apollo 11 space mission insignia, an eagle that grips an olive branch while landing on the moon. There are $1, $10, $50, $100, and $1000 options each representing 1, 10, 50, 100, and 1,000 silver dollars . 1922 Silver Dollar Value: How Much Is It Worth Today?
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