how much is a 1972 silver dollar worth
But there are some variations in the obverse too. Few sentences are definitely not enough to give you detailed information on 1972 dollars. The silver melt value for this coin is $7.89 as of April 25, 2023. Image source: Reddit user rddt1983. 7 Rare Wheat Pennies To Collect & What Theyre Worth Today, This 1982 Copper Penny Is Worth $10,000! 1972-S: 40% Silver Clad Uncirculated: $10: 1972-S: 40% Silver Clad Proof: $11: 1973: Copper-Nickel Clad Uncirculated: $10: 1973-D: Copper-Nickel Clad Uncirculated: $10: 1973-S: Year: 1972 Want to learn more about investing in precious metals? A double die error is one of the more common error types. Nowadays, toys reek of cheaply-made plastic. Great blog on silver dollar coins! The new coin was a return to the larger, heavier silver dollars that had last been issued in the 1930s. If youre trying to buy or sell a 1972 dollar, heres a small table to help you figure out what to expect in the current market. The fact that Type 1 coins were struck using a low-relief design is one of the speculated reasons why Philadelphia mint decided to use another reverse die. Don't attempt to clean a coin yourself. The most famous Canadian silver dollar is the "King of Canadian Coins," the 1948 Canadian silver dollar with a "Maple Leaf" reverse design. The Type 2 1972 silver dollar isthe scarcest andmost valuable. The precious metals market may seem intimidating, but its not as it seems. More information on this is explained below. (History And Redesign! Why Is The 1972 Dollar Called the Eisenhower Dollar? Real Helpful. Sharon Bailey has a 1972 type 3 Ike silver dollar. So whether youre looking for information on the latest hot collectible, want to know how to care for your collection, or want to find out more about collector guide, weve got you covered. Bottom Line: The more wear and tear on a coin, the lower its grade. There are $1, $10, $50, $100, and $1000 options each representing 1, 10, 50, 100, and 1,000 silver dollars . Unraveling the Coin Conundrum. Some 1972 Eisenhower dollar coins really are silver dollars, in that they were struck in a 40% silver composition. CoinTrackers has built a tool that will let you know if your coin is silver or not. But find an uncirculated coin in excellent condition, and that changes. However, there are several varieties worth mentioning from this type: Type 1, also known as the Ike Dollar, is a popular coin minted from 1971 to 1976. 1974 Silver Dollar. (Price Chart), How Much is a 1930 Wheat Penny Worth? Face Value: $1.00 The values reflect examples in MS-63 (uncirculated) and Proof-65 grades. Theyre easy to find even in mint state. If you happen to have a 1972 silver dollar, it will have a tiny S mintmark (representing the San Francisco Mint) above the date and under the head of Eisenhower on the obverse. It was for a coin graded MS66, and it sold for $7,745, including the buyers premium. Discovering Silver Treasures: Which Year Quarters Are Made of Silver? Values are for coins that serve as a typical representation for their grade. 2023 The Oxford Gold Group. To determine the true value of your Eisenhower dollar coin, you first need to know what condition (or grade) your coin is in. The earth outline on the reverse on Type 1 coins is flat from about 9 oclock to about 11 oclock. Proof that 1,811,631 coins were minted. The US minted the 1972 S Eisenhower silver dollar as an uncirculated coin and also as a proof coin. This coin is highly valued due to its low mintage and rarity. Learn how to do this below. 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. Proof versions struck at San Fransisco were sold inside brown cardboard slipcases. The value of coins made in San Francisco (with an S) could be between 2 digits up to 4 digits dollars depending on the condition. The answer to that questiondepends on its condition,mintmark, and whether itscomposed of silver. But it's still worth more than face value even in circulated condition. See also Does a BBB complaint hurt a business? There are many factors that play a massive role in determining how much a coin is worth, and one of them is the presence of stickers. Want to know if your 1972 Eisenhower silver dollar is worth more than face value? Close-up of the 'S' mintmark below the neck on a 1973-S Ike dollar. The 1972 Eisenhower dollar values above show that even circulated versions of the 1972 Type 2 clad dollar are worth looking for and saving. All 1972 40% silver Ikes have an S mintmark just below Eisenhowers neck on the obverse. A total of 2,193,056 of the 1972-S uncirculated silver dollars were made. Because the coins were destined for collectors, they were stored carefully. 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. Yes! 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. 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. In fact, the Eisenhower dollar (minted from 1971 through 1978) became the largest copper-nickel clad coin the U.S. Mint ever struck! Nonetheless, the majority of Eisenhower dollars are much more affordable to obtain. In these coins the earth is round, Florida points due south, and the Caribbean islands are impressed into the coin surface. Proof coins gradings range from PR-60 to PR-70. In most cases, an Eisenhower Dollars value is a few cents higher than its face value. ), Top 21 Most Valuable 2000 P Sacagawea Dollar Coin Worth Money. However, the Eisenhower Dollar was the last regular-issue coin with the bold physical dimensions of the early silver dollars. It occurs when the planchet moves slightly between strikes of the die, producing a doubled image. Many collectors and coin enthusiasts believe that noticeable differences on the earth, or more specifically, the islands below Florida on three types of Philadelphia minted coins, are what make 1972 Eisenhower dollars interesting. The mint marks were applied by hand using a punch and a mallet. In 1972, the U.S. Mint produced the normal copper-nickel coin for circulation at two mint branches, Philadelphia and Denver. But if you want to get your hands on one of the finest examples, it will cost you considerably more. Many consider the relatively rare 1972 Type II dollar the key to the series and its one of the pricier Eisenhower dollar coins out there. However, most Eisenhower dollars minted (and virtually all that will ever been encountered in pocket change) are made from copper-nickel clad. Remember how weve discussed the mint marks? You'll further see geographical details of North America, Central America, and the Caribbean. Bottom Line: There have been many different dollar coins throughout American history. For instance, proof coins that are probably uncirculated have grades from 60 to 70. In MS 65 uncirculated condition the price rises to around $22. Most of the time, the coins value has a lot to do with its weight in silver. Proofs typically have a mirror-like finish with sharp details. Contact us today to learn more about Eisenhower Dollars or precious metals and to consult with one of our specialists. Eisenhower Dollars from the Denver Mint, or D coins, also have a copper-nickel-clad composition. PR 65 proof- There are no flaws to this coin. I have a 1972 D Type 2, anyone know approximately what that would be valued at? Moreover, North America and South America seem flat and faded out at the top and the bottom of the earth. And even circulated coins of the Type 2 variety are uncommon. Generally speaking, silver dollars are much heavier than common ones. So whats the difference between them? SilverRecyclers.com is not a dealer or refiner. Thus, they are as good as new and have no signs of abuse. If your coin was minted in Philadelphia and has no mint mark, its probably worth $6 and $8. The standard 1776-1976 silver dollar is worth around $18 in MS 63 choice uncirculated condition. Although minted in smaller numbers than coins for circulation, the numbers produced were still far from modest. Go up a few grade points, though, and the coins become rarer and more valuable. Composition: 60% copper, 40% silver. However, the prefix used is PR to indicate proof coins. Image: USA CoinBook. 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. So how much is a 1972 silver dollar worth? A post shared by francisco munoz (@franciscomunoz40). They were struck in Philadelphia from dies that were supposed to have been used for the silver-clad dollar coins in San Francisco. Whatever be your reasons, we wish you get the best deal around! Do you notice a solid silver stripe all over the edges? Go up a few grade points, though, and the coins become rarer and more valuable. 1984 Olympics commemorative silver dollar. And if you want an MS67 example, it will cost you between $1,500 and $9,800. A: Lets say that your coin doesnt have a mark and doesnt present any copper stripes. Latest Offers, Straight To Your Inbox. A 1972 dollar with a clipped planchet sold at auction in 2003 for $31. Lets delve into what the three types of 1972 dollar coins are and how much theyre worth. So, if your Ike dollar has an S mint mark, thats a 40% silver coin. The silver melt value for this coin is $7.85 as of May 01, 2023. . You also agree to receive e-mail marketing from Oxford Gold, our affiliated companies, and third-party advertisers. There are several kinds of rare and valuable 1972 dollar coins with errors and varieties, making them worth much more than face value. Gasparro designed this dollar to honor the late President Dwight Eisenhower (whose nickname was Ike), following a resolution by the House of Representatives after the esteemed politician and WWII generals death. Curious about this topic? Almost 48 million 1972 dollars were minted in Philadelphia and designed for regular circulation. Related Post: 18 Most Valuable Morgan Silver Dollar Worth Money. A standard circulated coin will sell today for about $30. The obverse the heads side of all Eisenhower dollars carry the former presidents portrait. For instance, you may find a D instead of the S we have discussed previously. Although they were pretty unpopular during 1972 for their bold nature, today, the 1972 Eisenhower dollar value has increased, making these items a big deal among collectors. The condition of your coin has a significant impact on its value. In this grading system, MS stands for Mint State. The Meaning of the Mint Mark for Coin Collectors, Proof, Circulated, and Uncirculated Coins, How Much Is a 1972 Silver Dollar Worth? Proof coins, like uncirculated, are also graded from 60-70. But how much is your 1972 silver dollar worth? At first glance, the reverse of the 1972 silver dollar looks the same on every coin. So, heres a complete guide! A: Most of the 1972 silver dollar coins should have an S mark right below Eisenhowers neck. The proof reverse die was mistakenly used in August at the Philadelphia mint. A "proof" 1972-S dollar coin was issued in brown boxes. And a proof coin graded PR69DCAM (deep cameo) with doubling on the obverse sold for $500. If you have a 1971-D dollar coin, it's made from copper-nickel clad and thus isn't truly a silver dollar. The 1975 and 1976 designs of the Ike Dollars featured the Liberty Bell instead of the moon landing elements. To get the full $26, it needs to be verified as the Eisenhower dollar - the best way to do this is by weighing it. Even though copper-nickel clad 1972 dollars dont contain silver, some are still worth significant money due to their numismatic value. It was missing about 3 per cent of its surface area. Prices seem to have appreciated since then. Look for the letter above the third or fourth digits of the date, which appears at the bottom of the obverse. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Contact: contact@somethingborrowedpdx.com, How Much Silver is in a Silver Dollar? 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. Its important to know that this error happened during only one production run. Many folks who refer to Eisenhower dollar coins tend to call them silver dollars which is the popular nickname used for describing large U.S. coins denominated at $1. The value of a 1972 silver dollar depends on several factors, such as the condition, rarity, and demand. On the other hand, circulated coins come with a unique grading system, which ranges from good to very good, then fine, very fine, and extra-fine. Our team has compiled a summary of our tips and information into a free guide so you can learn how to begin securing your future. The auction record for a 1972 Type 1 silver dollar was set in 2011. The mint struck 1,811,631 of the 1972-S proof silver dollars in 1972. This mark will indicate the silver authenticity and guarantee the coin is 40% silver and truly valuable. The Various Types of 1972 Dollars Do you own a 1972 Eisenhower Silver Dollar or want to add one to your collection? All Rights Reserved. And it was the result of an unlikely combination of lobbysists: the gambling industry, and Eisenhower supporters. Eisenhower Dollars can have value as both bullion and numismatic coins. You will learn how the condition (aka grade) of a coin greatly affects its value and desirability. Rarity goes alongside value. 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. Our guide covers silver dollar coins issued by The United States from 1794 up until 1935. For example, some common silver dollars are worth as little as $20, while others are worth thousands of dollars. There are a few reasons that make 1972-dollar coins rare. Silver, however, was still expensive. Last but not least, you need to know that grading plays a great part in establishing the 1972 silver dollars value. Some 1972 silver dollars can have other types of mint marks. So how much is a 1972 silver dollar worth? In uncirculated MS 65, your price rises to about $20. Current Silver Bullion Value: $7.85. ** These coins were struck using a reverse die intended for Proof coins only. By this point you have learned the difference between the three types of 1972 Philadelphia Eisenhower dollars, as well as between 1972-S proof and uncirculated Ikes. Tricky Ikes: Only a small percentage of the total Eisenhower dollar mintage is 40% silver. The Type 1 and Type 3 prove to be the most common, and the Type 2 is remarkably scarce. Plus, our blog is packed with helpful tips from collectors like you. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Grand Collector is a one-stop website for guides and reviews for collecting as a hobby. 1972-S coins, however, are 40% silver. You can easily recognize such coins due to the absence of islands beneath Florida on the coins design. Good load of info for any interested collector of silver coins and certainly a real eye opener for newcomers to the coin collection arena. This one isalso a high-relief design. And well find out how to tell if your coin is worth big money. 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). * its origins; and Most are worth little more than their face value. The1972 silver dollar is one of themost popular coins in America and for a good reason. Silver weight is measured in troy ounces. 1972 Eisenhower Dollars For Sale Other Years From This Coin Series 1971 1972 1973 1974 1976 Comments ( 3 ) Paige Allen about 5 years ago #161 Not all 1972 dollars are silver. And if you find one, its worth a lot of money. Its a similar story for Type 3 silver dollars. I have a 1972 Eisenhower type 3 silver dollar uncirculated it looks like it just came out of the mint front and back are flawless. The 1972 silver dollar in common with all the Eisenhower dollars has whats known as a reeded edge. Uncirculated coins are denoted as AU, and the wearing signs are delicate and only visible on the coins highest points. And, since theyre no longer in circulation, youll have to look for ike dollars in order to find them. Or, are you planning on adding these historical coins to your coin collection? So this is it. A typical 1972 Eisenhower silver dollar in uncirculated condition is worth around $20, while a proof coin can be worth several times that amount. Check out my next article: 23 Most Valuable Penny Collection in History: A Rare Look Inside.. Most of the coins minted were proof coins. However, these coins are pretty challenging to find, and if you are lucky to stumble upon these pieces, they will most probably be worth over $1000. The three differences are all found on the coin's reverse. Learn to check the most expensive 1972 silver dollar types from this video. 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. This comment was minimized by the moderator on the site, To My Young Brothers & Sisters at Reddit & Elsewhere. This can have an impact on the coin's value. Don't be the last to know about the latest deals and new product arrivals. ), 1970s Tonka Toys Value (Most Valuable Sold For $743), 1990 Marvel Hologram Cards Value (Most Expensive Sold For $15,000), 10 Most Valuable Lefton China Pieces (Rarest Sold For $1,295), 15 Most Valuable McDonalds Glasses (Costs Upto $150). Worn 1971-D dollars are worth about $1. Bottom Line: The marketplace for coins is always changing. 1943 Steel Penny Value: How Much is it Worth Today? Ive authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Silvers value has fluctuated over time but has always been precious. Decoding Coin Lingo: The Meaning of AU and BU in the Numismatic World, How Many Quarters in a Roll? For example, the 1972 S silver dollars had both a center with silver content and were clad in silver (Outer layers/cladding 80% Silver, 20% Copper. Type 3 coins were struck from half-way through 1972, using new technology. Message and data rates may apply. How To Grade A Coin Yourself To Determine Its Value, The most valuable 1972 Type I Eisenhower dollar, The most valuable 1972 Type II Eisenhower dollar, The most valuable 1972-D Eisenhower dollar coin, The most valuable 1972-S proof silver dollar, Think Twice Before Spending Your U.S. Nickels (Every Nickel Is Worth MORE Than Face Value!). According to the Numismatic Guaranty Company (NGC) Price Guide, an Eisenhower Dollar from 1972 in circulated condition is worth between $1.05 and $1.50, as of October 2022. It was known as the Eisenhower, or Ike, dollar after the portrait of the former president which appeared on one side. Just like Type 1, three islands are very well defined. Few people knew back in the 1970s that the Eisenhower dollar would be the **last circulating large-size dollar coin in the United States. These little details can make a huge difference! We do not buy or sell precious metal. Collecting, Read More Most Valuable 1963 5 Dollar Bill Value Chart (Raest Worth $13,200)Continue, Many people are into collecting wristwatches, whether we are talking about vintage or new models. Well, heres the even better news Some 1972 Eisenhower silver dollars are worth hundreds and even thousands of dollars! (History And Controversy! Home | Site Map | User Agreement | Privacy Policy | Contact. Coins graded MS66 can sell for anything between $50 and $550. Did you know? Note: Commemorative silver dollar coins come in a variety of designs. Over 170 million Eisenhower dollars were struck in 1972. But a D on the coin signifies it was minted in Denver, and an S means it came from San Francisco. RARE Type 2 Earth 1972 Eisenhower Dollar Worth $10,500! The highest quality 1972 Type 1 silver dollars known to exist are graded MS (mint state) 66 out of a possible 70. Thus, you can notice islands on the south, wast, and west below Florida. Coins graded MS66 can sell for anything between $50 and $550. As you can probably imagine, the 1972 silver dollars value depends on the coins overall condition. So finding good quality examples today isnt difficult and prices remain conservative as a result. Today, they average about $9 to $15 in value. 1972 Eisenhower dollar worth depends on many factors, its strike type, circulated/uncirculated status, composition, rarity, and grading. Well, one of the easiest ways to tell if a coin is a real silver one is by checking its weight. A sliver of metal is cut off, giving the coin an unusual shape. The silver coins weigh 24.59 grams compared to the copper-nickel coins that weigh 22.68 grams. But its still important to know whether you have a proof or business strike. While the obverse side portrays President Eisenhower, the reverse side includes the image of an eagle gripping an olive branch while landing on the Moon. We hope to have cleared all your doubts regarding 1972 dollars. However, if you want to check on your own, then the first step you should take is to check its structure. If you have one in uncirculated condition, you could sell it for as many as 4 digits or more. You must know that fake coins use alloy instead of silver to make the coin feel heavier. (Price Chart), How Much is a 1878 Morgan Silver Dollar Worth? Heres a further rundown on the six types of 1972 dollars: Note that there are no 1972-S copper-nickel clad proofs. This means it was minted in the Denver mint. 1972 Eisenhower silver dollar, Type II. They were too cumbersome for everyday use. The value of a 1972 silver dollar should be around $15 in a PR-65 scenario. 1972 was the second year in which the coins known as Eisenhower dollars were minted. It will also show you how to determine the four key factors below by simply looking at your coin. Note: These prices are tabulated on the basis of recent auction information provided on the PCGS official site. Silver Weight: .3161 oz. Since they have been circulating endlessly from pockets to shops to banks to pockets, they might have significant signs of wear and tear. To opt-out at any time click here or reply STOP to opt-out of text messages. 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. Save my name, email, and website in this browser for the next time I comment. Now, regarding the minting processes, you should know that there were multiple sources in this case. 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. Well, if your coin has the S mint mark, thats the easiest way to tell if the material is silver. ###Eisenhower Dollar Price Chart###, Copper-Nickel Clad Variety I (Thick Reverse Letting) Uncirculated, Copper-Nickel Clad Variety II (Serifed Lettering) Uncirculated, Copper-Nickel Clad Variety I Uncirculated, Copper-Nickel Clad Variety II Uncirculated. A: This can very easily be tested by a specialist. Multiple factors dictate the 1972 Eisenhower silver dollar value. A few blemishes may be present. As we keep saying, the 1972 half-dollar is 91.67% copper and 8.33% nickel. Interesting fact: In 1972 over 170 million Eisenhower dollars were struck! These coins are known as brown Ikes and blue Ikes to this day. ##What Are Eisenhower Dollars Worth?## Face Value: $1.00. But gamblers preferred to use the real thing, and the supply of large silver dollars was dwindling. Ike dollars constitute a relatively short series with many unusual varieties to collect. ThePhiladelphia Mintalso producedthree different typesof 1972 Eisenhower Dollarsusing the cupro-nickel alloy, which are easily identified because they have no mintmark. 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! The latter is an uncommon and best-case scenario, with the coin's value ultimately depending on the type of coin and on whether or not it is 40% silver or copper-nickel clad . Instead, they look like three flat lines denoting the water. Error coins can be valuable too, especially if the error is on a good quality coin. It is obvious that uncirculated and proof coins are worth a lot in comparison to circulated coins. The value of a 1972 Eisenhower silver dollar will generally vary anywhere from a few cents over face value to - on extremely rare occasions - thousands of dollars. Firstly, the islands below Florida are flat and almost indistinguishable. * its age; Depending on the type, circulated or uncirculated, and its condition. If they are worth 4,000 dollars where do I take it. 1972-S Uncirculated Ike Silver Dollar Mintage: 2,193,056 Mint: San Francisco Composition: Outer layers of 80% Silver and 20% Copper; Center core of 79% Copper, 21% Silver; Weight 41.7 grams; Diameter 38.1 mm Average Value in Mint State: $13 up to $3,000 in MS69 Auction Record: sold for $5,750 at Heritage Auctions on September 21st, 2005 A: Before you try to establish how much your 1972 silver dollar is worth, it is essential to know if that coin was circulated, uncirculated, or proof. That being said, these are in no way official pricing data, and readers are urged to take this information only as a general estimate. That's still pretty good value in comparison to Philadelphia dollars at the same grade. Eisenhower dollars appeal to collectors on a variety of budgets. The grading of uncirculated coins ranges from MS-60 through MS-70 and indicates a coins condition. 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. Believe it or not, collecting banknotes is a hobby that is very popular across the world. Even so, enough silver 1972 Eisenhowers remain in their packaging to meet demand. 1922 Silver Dollar Value: How Much Is It Worth Today? Its prominence in jewelry, cutlery, and other valuables over many centuries made it clear that something so beautiful must also be importantand worth money. Save my name, email, and website in this browser for the next time I comment. Half dollars made from 1965 through 1970 are composed of two outer layers containing 80% silver and 20% copper with an inner core of 20.9% silver and 79.1% copper (net composition: 40% silver and 60% copper). 1979 Half Dollar Value: How Much Money Does A 50C Worth? Even Type 1 and Type 3 MS66 and above are rare and auctioned for thousands of dollars. Check out YouTube video from Couch Collectibles to see a range of different 1972 silver dollar error coins. The design is high-relief, and the outline of the earth is well-defined. The 1971-S Peg Leg Eisenhower dollar trades for about $75 in uncirculated grade. 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. The value of double die errors depends on both how marked the error is, and the quality of the coin. The eagle holds an olive branch clutched in its talons, symbolizing its peaceful intent. Here is a video about the grading methods. The value of a silver dollar depends on several factors, including:
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