The 1971-S Eisenhower Dollar is a fascinating coin for collectors and enthusiasts. Introduced as the first large-size dollar coin minted since the Peace Dollar ended in 1935, the Eisenhower Dollar honors President Dwight D. Eisenhower and celebrates the Apollo 11 moon landing. The 1971-S version, struck in 40% silver, stands out for its uncirculated brilliance, limited production, and historical significance. Here’s everything you need to know about this iconic coin.
History and Background
The Eisenhower Dollar was minted to honor Dwight D. Eisenhower, the 34th President of the United States, and to commemorate the Apollo 11 moon landing of 1969. This dual-purpose design made it a symbolic piece of American history. The coin’s obverse features a portrait of Eisenhower, designed by Chief Engraver Frank Gasparro. The reverse displays an eagle landing on the moon, a direct reference to the Apollo 11 mission, and is inspired by the mission’s insignia.
The 1971-S Eisenhower Dollar was produced at the San Francisco Mint and carries the “S” mint mark. These coins were minted in two varieties: a proof version and an uncirculated version, both struck in 40% silver. The uncirculated coins were sold directly to collectors as part of a special release, making them distinct from the standard copper-nickel clad Eisenhower Dollars.
Mintage and Availability
The 1971-S Eisenhower Dollar in uncirculated condition had a relatively low mintage of approximately 6.8 million coins. Unlike its copper-nickel counterparts, which were struck for general circulation, the 1971-S was produced specifically for collectors. It was included in special collector sets known as “Blue Ikes,” named after the blue packaging they came in.
Because these coins were preserved in their original packaging, many remain in excellent condition. However, finding examples with flawless surfaces and exceptional luster can still be a challenge, as even slight imperfections can lower a coin’s grade and value.
Design Details
The obverse of the 1971-S Eisenhower Dollar features a bold profile of Eisenhower, with the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the date “1971.”
The reverse showcases an eagle clutching an olive branch while landing on the moon, with Earth visible in the background. This iconic design includes the inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and the denomination “ONE DOLLAR.” The detailing on the reverse makes it a favorite among collectors.
Value and Collectibility
The 1971-S Eisenhower Dollar in uncirculated condition is highly sought after by both novice and seasoned collectors. Its value depends on the coin’s condition, with pristine examples graded MS-65 or higher commanding premium prices. As of now, an average uncirculated 1971-S Eisenhower Dollar is valued between $15 and $30. High-grade examples can exceed $200, particularly if certified by PCGS or NGC.
The coin’s 40% silver content also gives it intrinsic value, making it a popular choice among silver investors. Additionally, its historical ties to both Eisenhower’s legacy and the space age increase its appeal to history enthusiasts.
Tips for Collectors
- Buy Certified Coins: Ensure authenticity and quality by purchasing coins graded by reputable services such as PCGS or NGC.
- Preserve the Packaging: If your 1971-S Eisenhower Dollar came in its original “Blue Ike” envelope, keep the packaging intact, as it adds to the coin’s value.
- Focus on Condition: Look for coins with minimal surface marks and strong luster. Higher grades significantly increase the coin’s worth.
Conclusion
The 1971-S Eisenhower Dollar in uncirculated condition is more than just a coin—it’s a piece of American history. With its 40% silver composition, limited mintage, and connection to two iconic events—the presidency of Dwight D. Eisenhower and the Apollo 11 mission—it remains a prized collectible. Whether you’re a seasoned collector or just starting, this coin is an excellent addition to any collection.
FAQs
1. What is the value of a 1971-S Eisenhower Dollar Uncirculated?
The value of a 1971-S Eisenhower Dollar Uncirculated varies depending on its condition. Typically, coins in average uncirculated condition are worth between $15 and $30, while higher-grade examples can fetch prices of $200 or more.
2. What makes the 1971-S Eisenhower Dollar unique?
The 1971-S Eisenhower Dollar is unique because it was issued as part of a collector set with a 40% silver composition.
3. How do I know if my 1971-S Eisenhower Dollar is in uncirculated condition?
A coin in uncirculated condition has no signs of wear or damage from circulation, retaining its original luster and design details.