Popular as the Eisenhower dollar, the silver dollar is one of the most desired coins out there. However, even if you own one, this doesn’t mean you sit on a fortune. Therefore, you should never forget that multiple factors dictate the 1972 Eisenhower silver dollar’s value.
Curious about this topic? Say no more. Below I have brought together all the details you need to remember when trying to guess how much your silver coins are worth.
Tip: Did you know that the 1972 Eisenhower silver dollars may have the same value as numismatic coins and silver bullion?
Keep reading to learn everything about these coins and learn about the details that make them so appreciated among the collectors.
A Quick Historical Context Of The 1972 Silver Dollars
Although they were pretty unpopular during 1972 for their significant and bold nature, today, the 1972 Eisenhow dollars value has increased, making these items a big deal among collectors. While the face value is simply $1, these coins are valued much more than that. As a matter of fact, the price for such a coin can be even thousands of dollars. Of course, they need to have some very clear characteristics, so here is the complete guide for understanding these coins’ popularity.
First of all, the Eisenhower dollars were first released by the U.S. mint (from 1971 to 1978) with the explicit purpose of honoring the late former President Dwight D. Eisenhower. Hence, their name.
Now, about their creator, you should know that the person who made them see the light of day was Frank Gasparro, who designed both the reverse and observed sides of these coins. While the observed side portrays President Dwight D. Eisenhower, the reverse side includes the image of an eagle gripping an olive branch while landing on the moon. If you look closer, there is also tiny earth on the side in reverse.
Interesting fact: Only in 1972 have there been over 170 million struck Eisenhower dollars.
Now, regarding the minting processes, you should know that there have been multiple types for this case. While the Denver mint used to go smooth, the Philadelphia mint had three different reverse dies. Consequently, these coins were labeled as Type 1, 2, and 3. Don’t worry if you don’t grasp the complete picture, as I will explain their features as we move on.
Many collectors claim they can see the differences with the unaided eye. Furthermore, it is believed that exactly these particular flaws are the reason why the 1972 silver dollars are so unique and interesting.
Did you know? Some of these coins have never been circulated, making them even more precious than the rest.
1972 Silver Dollars Value
As you can probably imagine, the 1972 silver dollar’s value depends on the coin’s overall condition. Thus, here are some of the main characteristics that influence the price:
It is for the US government to decide how many such coins to be available as uncirculated. Therefore, a normal 1972 silver dollar may range between $8 and $20.
The total weight in silver
Most of the time, the coin’s value has a lot to do with its weight in silver. Therefore, the minimum worth of the silver dollar is $8, but it depends a lot on the type of coin.
Let’s take a simple example: the standard MS 63 1972 dollar is worth around $14, while the MS 65 has the value of $20. On top of that, a 1972 silver dollar in the PR 65 condition can be worth around $15.
There are many factors that play a massive role in determining how much a coin is worth, and one of them is represented by the stickers. Therefore, stickers such as CAC and MAC are claimed to increase the overall value of a coin.
Needles to say that the rarity of a coin is also a factor that influences the final value. Even those coins with flaws are truly appreciated precisely for their defects.
The main factor in checking a coin’s authenticity is the material used for its manufacture. Therefore, so for the coin’s value to increase, the composition should be silver.
Last but not least, you need to know that grading plays a great part in establishing the 1972 silver dollar’s value.
To clarify all this information, I added a small table that will help you compare the prices and adapt your little treasures to the market. Looking at it, you’ll be able to really understand how some models come at really high prices, while others are more common and, therefore, not that expensive.
Thus, if you own a 1972 dollar and try to sell it, start by checking the small table underneath and figure out how much the market can offer you for your piece.
1972 Silver Dollar Value Chart
Check the silver dollar value by mint specifications and types.
|Type 1 1972||$5||$16||$95||N/A||N/A|
|Type 2 1972||$40||$125||$1920||N/A||N/A|
|Type 3 1972||$6.65||$23||$153||N/A||N/A|
It is crucial for everyone to understand that this information was collected from different sources. If you feel like you want to double-check them, do not hesitate to access the PCGS official site.
These values simply serve as a typical representation of the 1972 silver dollars. In a nutshell, you should not rely on these numbers 100%, and I kindly ask you to take this information as a general estimate.
No Mint 1972 Silver Dollar Value
Marks can truly dictate the final value of a coin. However, some coins on the market do not have mint marks. What this means is that they might not be that precious when it comes to the actual money worth. Realistically speaking, a 1972 silver dollar with no mint mark would typically be worth around $1-$2. However, these costs usually depend on whether the coins are circulated or uncirculated.
So, yes, it is safe to say that mintmarks are a factor that influences the final 1972 Eisenhower silver dollar value. This being said, one of the easiest ways to check these coins’ authenticity is by looking for the mintmark. So let’s continue and find out more!
1972 Eisenhower Dollar Errors
When it comes to error, I can tell you for a fact that there are only 100,00 coin pieces that have a specific rare error. It was created when the Philadelphia mint accidentally used a reverse proof die.
It’s important to know that this error happened at only one production run. Thus, you can easily recognize such rare coin due to the absence of islands beneath Florida on the coin’s design.
Since the Philadelphia mint used only one coin die for making this variety, it is almost impossible to find one on the collectors’ market.
Other Errors On Eisenhower Silver Dollars:
- Various strikes
- Off center strikes
- Clipped planchets
- Blank planchets
Here is what people are most curious about when it comes to the 1972 silver dollar value. You might also find some answers to your main dilemmas.
Q: What are the mint marks for 1972 silver dollars?
A: All the 1972 silver dollar coins should have this S mark right below Eisenhower’s neck. Check right near the obverse. This mark will indicate the silver authenticity and guarantee the coin is 40% silver and truly valuable. Of course, if you want to be super careful, you should see an expert and let them inspect and guarantee the coin’s authenticity.
On top of that, some 1972 silver dollars can have even other types of mint marks. For instance, you may find a D instead of the S we have discussed previously. The location is the same. Only the letter is different. The 1972 D silver dollar value is quite the same.
Important! If no mark exists, the dollar will not have too much value.
Q: How Can You Tell An Eisenhower Dollar Is Silver?
A: Well, this can very easily be tested by a specialist. However, if you want to do the check on your own, then the first step you should take is to check its structure.
Do you notice a solid silver stripe all over the edges? If so, then your coin is a 40% 1972 silver coin. On the other hand, if the coin has a copper stripe, it is not silver, despite its name. Remember how we’ve discussed the mint marks? Well, if your coin has the marks, that’s the easiest way to tell if the material is silver.
Learn to check the most expensive 1972 silver dollar types from this video.
Q: How Do I Know My Silver Dollar Is Genuine?
A: Let’s say that your coin doesn’t have a mark and doesn’t present any copper stripes. What next? Well, one of the easiest ways to tell if a coin is a real silver one is by checking its weight. Usually speaking, silver dollars are much heavier than the common ones.
Be careful! You must know that crooks use alloy instead of silver to make it feel heavier. This is one of the favorite tactics to fool beginner collectors.
So, sometimes it might be a bit more complicated to be 100% of your coin. This is why you should see a coin expert and ask them to help you detect the authenticity. A professional will know to tell the truth from first sight and approximate the market value of your 1972 silver dollar.
Q: Circulated, Uncirculated, or Proof? How Is Your 1972 Silver Dollar?
A: Before you try to establish how much your 1972 silver dollar is worth, it is essential to know if that coin was circulated, uncirculated, or proof.
- The circulated coins have been in public since their very beginning. Considering how endlessly they have gone through all kinds of pockets, shops, and banks, they probably have different signs of tear and wear. We are talking about 1972 coins, so you should expect signs of use since they are half a century old.
- Uncirculated coins have been kept in personal collections or store ones. The chance of them presenting any sign of abuse is almost inexistent.
- Proof coins, however, are slightly different, compared to the previous ones. First, you will notice the finishing, which is quite particular due to the mirror-like effect. And when I say mirror-like effect, I actually mean that you can see a reflection on it. Secondly, the details are simply striking. Thus, look for the sharp corners, and you will immediately notice there is no frosting.
Needless to say that uncirculated and proof coins are much more worthy compared to circulated ones. This being said, let’s continue our discussion with another important aspect – the power of grading.
The Coin Grading System In Checking The 1972 Silver Dollar Value
A quick way to check how valuable your silver coins are is by following the grading system. Usually, the Eisenhower ones are graded starting from MS60 to MS70.
- MS60 stands for those coins that contain different marks.
- MS70, on the other hand, is for flawless coins.
Most of the clean and clear coins that have not been circulated will range from MS60 – 63 and higher. However, these coins are pretty challenging to find, and if you are lucky to stumble upon these pieces, they will most probably be costly.
For instance, proof coins that are probably uncirculated have grades from 60 to 70. A simple way to figure out that a coin is a proof is by checking the “PR” mark.
On the other hand, circulated coins come with a unique grading system, which ranges from good to very good, then fine, very fine, and extra-fine.
Uncirculated coins are denoted as AU, and the wearing signs are delicate and only visible on the coin’s highest points.
As you can imagine, the higher the grading, the bigger the costs. Because let’s face it, what collector wouldn’t enjoy having a spotless coin that is 50 years old?
Here is a video about the grading methods.
So this is it. This is everything you need to know regarding the 1972 silver dollar value, including how to check the coins you wish to add to your collection or sell for profit.