1971 Silver Dollar

• 1971 Silver Dollar Mint Mark
• 1971 Silver Dollar Value Eisenhower Dollar
• 1971 Silver Dollar Error
• 1971 Silver Dollar

The 1971 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: 1971
Face Value: $1.00
Composition: 60% copper, 40% silver
Silver Weight: .3161 oz.
Total Weight: 24.59 grams
Current Silver Bullion Value: $8.61

The 1971 Eisenhower Dollar (Buy on eBay) was the first year of issue for the series. This release also represented the first dollar coin issued by the United States Mint since 1935, when the previous Peace Dollar series concluded. Trial strikes for the new dollar were prepared at the Philadelphia Mint on January 25, 1971. 1971-D Eisenhower Clad Dollar images, facts, specifications, mintage. The value for 1971-D Eisenhower Dollar, key date prices and images. 1971-D Ike Dollar MS66 $4,140. Type: Eisenhower Dollar Year: 1971 Mint Mark: S Face Value: 1.00 USD Total Produced: 6,868,000 Silver Content: 40% Silver Weight.3162 oz. Silver Melt: $8.46 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $7, while one in certified mint state (MS+) condition could bring as much as $69 at auction.

The US minted the 1971 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 1971 Eisenhower dollar is a silver coin. The US also minted the 1971 Eisenhower copper-nickel clad coin with no mint mark and also the 1971 D 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.

Value

This coin, regardless of condition, is worth at least its weight in silver. The silver melt value for this coin is $8.61 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.23 per ounce.

The standard 1971 silver dollar is worth around $13 in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $18.

The 1971 proof silver dollar is worth around $14 in PR 65 condition. There were 4,265,234 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:

See also:

1972 Silver Dollar
1973 Silver Dollar
1974 Silver Dollar

CoinTrackers.com has estimated the 1971 S Eisenhower Dollar Proof value at an average of $7, one in certified mint state (MS+) could be worth $69. (see details)...

Type:Eisenhower Dollar
Year:1971
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 6,868,000 [?]
Silver Content: 40%
Silver Weight: .3162 oz.
Silver Melt: $8.61
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $7, while one in certified mint state (MS+) condition could bring as much as $69 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1971, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].

Additional Info: The numbers and values above are for the S (San Francisco) minted 1971 Ike Dollars. If you look at the mintage numbers you can see only 6.8 million of these were issued. Compare that number to the 68 million issued in Denver that year and you can see how rare the S minted Eisenhower dollars are. This is because congress only agreed to issue limited 40% silver dollars and these were to be included in collector sets sold by the mint.

Numismatic vs Intrinsic Value:This coin in poor condition is worth $1.61 less than the intrinsic value from silver content of $8.61, this coin is thus more valuable to a silver bug than to a coin collector. You will most likely find however that it is hard to get a coin for less than spot price. At least that has been our experience. Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth..

Current silver melt value* for a 1971 S is $8.61 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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**When we say that 6,868,000, of these coins were produced or minted in 1971 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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1971 Silver Dollar Value Eisenhower Dollar

***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.

1971 Silver Dollar Error

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1971 Silver Dollar

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