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Melt Values/ Base metal / Eisenhower Dollar (Clad, 1971–1978)
FACE $1.0022.68 G
Melt IntelligenceFace $1.00

Eisenhower Dollar (Clad, 1971–1978)

~570 million struck; the last big-format dollar before the mini SBA.

Eisenhower Dollar (Clad, 1971–1978)WIKIMEDIA COMMONS · CC BY 2.0 · James St. John
Eisenhower Dollar (Clad, 1971–1978) — coin photograph
Designer
Frank Gasparro
OBSERVED
Years Struck
1971–1978
OBSERVED
Mints
Philadelphia, Denver (D)
OBSERVED
02

The story

Too big for pockets and unloved by commerce, the clad Ike circulated mainly in casinos. It died in 1978, replaced by the equally unloved Susan B. Anthony — proving that America's dollar-coin problem was never about size.

Ikes are the cheapest way to own a physically massive US dollar — many trade barely above their $0.28 melt.

03

Key dates worth real money

Check these before treating any coin as melt. Think you have one? Check recent auction records before selling, and read the grading basics first.

DateWhy it matters
1972 Type 2High-relief earth variety from proof dies — the clad key
1776-1976 Type 1Bold-letter Bicentennial variety
04

Specifications

SpecificationValue
Diameter38.1 mm
Weight22.68 g
EdgeReeded
CompositionCu-Ni clad over Cu core
05

Grading and authentication

Grading: where wear shows first
Bag marks everywhere - big soft coins in big bags. Genuinely mark-free Ikes are the condition rarities of the 1970s.

Never clean a coin. Ever. Cleaning permanently destroys collector value — dark original toning is worth more than shiny damage.

Counterfeit check
None.

Gear that settles it: an electromagnetic verifier, a calibrated scale and calipers — counterfeit basics.

06

Questions people actually ask

Is my Eisenhower dollar worth more than a dollar?

Clad circulation Ikes: barely, except nice uncirculated pieces and the 1972 Type 2 variety. The metal is worth about 28 cents.

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