Suppose you have a coin from 1776 – 1976 with Eisenhower on it. In that case, you may want to know what it is currently worth.
1976 marked the last time Eisenhower “Ike” dollars were minted. Hence, 1776-1976 Eisenhower silver dollars, being numismatic coins, have their value even as silver bullion.
Every actual 1776-1976 Eisenhower dollar is a silver coin. However, these coins were also minted using copper-nickel clad without bearing any mint mark.
Sadly, there is not much information about the value of one dollar (USA) Liberty coin from 1776 to 1976.
For this reason, I took it upon myself to dig a little further to find out the actual value of these coins present days, especially with the view of knowledge obtained from silver recyclers and selected coin collectors, and here is what I found out:
Value of 1776-1976 silver coins
Over 200 million of these coins were made across three mints. However, only about five million are “silver clad”, with a silver weight of about 40%.
Irrespective of the condition, 1776-1976 USA silver coins are worth at least their weight in silver. In other words, the value is gotten from the silver melted. The specification of this coin in terms of silver weight is 3161 oz.
At the time of writing, this silver melt value of 1776-1976 USA silver coins is worth somewhere around $7.90, an estimation based on the current $24.98 per ounce of silver spot value.
When considering the 1976 Eisenhower dollar, it is important to note that the coin is not worth very much. Unfortunately, this is because it is a commode date in the series of legal tenders.
However, since (if) they are silver, it is probably worth around $10 to $15. 1976 dollar coin becomes really valuable only when they are in PERFECT condition. That is, without blemishes and hairline scratches.
You can tell when you have one of the silver coins by its off-white, ivory color that makes it stand out. Real silver coins do not appear red when viewed from the side. Only less valuable ones, copper-clad, do reflect the red color from the side.
Specification of 1776-1976 Silver
The 1776 to 1976 silver coin category is the Eisenhower Dollar with a face value of $1.00. The coin is composed of 60% copper and 40% silver with the weight of the latter .3161 oz.
The total weight of the coin is about 24.59 grams, and as established earlier, the current Silver Bullion Value of the coin is around $7.90.
On the reverse side of the coin, there is a special design or mark that represents the celebration of the 200th anniversary of the signing of the Declaration of Independence of the USA. That is the bicentennial of the United States.
On the flip side, we see the Liberty Bell and the moon, while the obverse side of the coin takes the same characteristics of the Ike dollar series from previous decades.
As mentioned earlier, 1776-1976 S Eisenhower silver dollar was minted as proof coins where the mint mark is seen above the date on the piece. It was also minted as an uncirculated coin, which is less valuable.
Since the discussion is around value exchange, how can I distinguish between this series’s silver-clad coins and copper-nickel-clad coins?
The copper-nickel coins do not weigh as much as the silver coins. While the latter weighs 22.68 grams, the latter weighs 24.59 grams. Aside from weighing differences, Silver coins appear to be shinier than copper-nickel ones.
How are 1776-1976 Silver coins graded?
For MS 63 choice uncirculated, uncirculated coin with fewer deficiencies than coins in lower uncirculated grades of this series, areas like the coin’s luster are not a focal point of focus.
But, in the main areas, there may be some blemishes or marks. It is an uncirculated coin with relatively ordinary eye appeal.
Meanwhile, MS 65 gem uncirculated may have a few light contact marks but should not be all that apparent. Generally, it will be one with strong luster and eye appeal.
The next grade is the PR 65 proof coins of this series, of which there is no flaw in the piece. Although, it can account for a few blemishes in its areas.
Things you should examine on 1776-1976 silver coins.
The two-cent advice of every coin collector concerning knowing the worth of the 1976 USA silver dollar coin in your possession will be to examine the mark of the Ike dollar on the mint.
If the mark is a D or has none, then it is not a silver coin, so don’t expect it to be worth anything that suffices, in any condition, it is presented. If there is an ‘S’ mint mark on the coin, then there is a probability of it being a 30% chance of silver.
Another area to look at on the mint is the edges. Here, coins with the copper color at part of the edges are not composed of silver. However, even if the edges are silver and a darker grey, you are holding a silver-clad Ike dollar.
If you go to most coin shops with these coins grade, you will get nothing more than a dollar in exchange for it.
1776-1976 dollar coin was a special coin at that time, but it only values more now if it is silver. As mentioned earlier, the graded silver coins of this mint are worth around $10.
Finally, the bicentennial series was heavily minted, and it is worth it today, depending on what it is composed of. The silver composed mint is worth higher than those made with copper-nickel clad.
Generally speaking, the uncirculated or proof version of the 1776-1976 dollar coin is worth more than the regular circulating one. Thankfully, sites like eBay are good resources for obtaining a decent range of exchange for these coins.
Julie comes from a long line of metal detectors. Her family has been in the hobby for over 45 years and has recovered large amounts of civil war artifacts as well as a fair number of bottle caps. Lately she has been focusing on metal detecting in the Rocky Mountains.