Authorized by Congress in 1970, the Eisenhower Dollar was the first dollar coin issued by the U.S. Mint since the Peace Dollar series ended in 1935. It was released to commemorate President Eisenhower’s legacy as a World War II general and the 34th President of the United States.
The 1971 Eisenhower Dollar was introduced to honor President Dwight D. Eisenhower and commemorate the Apollo 11 moon landing.
Its introduction marked a revival of the large dollar coin for general circulation.
1971 Eisenhower Dollar Value Chart
Below is a breakdown of values based on the coin’s condition.
| Condition | Estimated Value Range |
|---|---|
| Good | $5 – $8 |
| Fine | $8 – $12 |
| Extra Fine (XF45) | $12 – $18 |
| About Uncirculated (AU) | $18 – $25 |
| Brilliant Uncirculated (BU) | $25 – $35 |
| MS66 | $150 – $200 |
Eisenhower Dollar Design
The Eisenhower Silver Dollar was designed by Frank Gasparro. The obverse features a left-facing profile of Dwight D. Eisenhower, and includes inscriptions with the word “LIBERTY,” the phrase “IN GOD WE TRUST,” and the year of minting. The reverse showcases a bald eagle landing on the moon clutching an olive branch, the Apollo 11 insignia. This side also reads “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM,” with the denomination “ONE DOLLAR.” The coin has a 192 reeds around the edge.
The 1971 Eisenhower Dollar is composed of a copper-nickel clad, except for the special silver collector’s issues. The standard circulation coins have an outer layer of 75% copper and 25% nickel bonded to an inner core of pure copper. These coins have a diameter of 38.1 mm and weigh 22.68 grams.
Rare Issues and Error Coins
Though not as extensive as other series, the 1971 Eisenhower Dollar does have its share of rare issues and errors that can significantly increase its value. Notable errors include:
- 1971-D Friendly Eagle Variety: This error features a rare die variety with a distinct eagle design on the reverse, valued significantly higher than standard issues.
- 1971-D Peg Leg Variety: A die error resulting in a unique look to the “R” in “LIBERTY,” increasing its collector’s value.
1971-S Eisenhower Proof Silver Dollar
The U.S. Mint produced special proof coins and mint sets. The 1971-S Eisenhower Silver Dollar, composed of 40% silver holds a higher value due to its silver content and limited mintage.
Each 1971-S Eisenhower Silver Dollar contains 0.3161 troy ounces and has a melt value of $9.91.