What is a Type 2 Ike dollar?

What is a Type 2 Ike dollar?

The Type 2 had a high relief design and was used for the 40% silver Eisenhower Dollars struck in 1972. The Type 3 was created after more resilient die steel became available, allowing the copper-nickel clad coins to be struck in higher relief.

How much is a uncirculated 40 Eisenhower dollar coin worth?

Eisenhower Dollar Price Chart

Date Composition & Finish Price
1971-S 40% Silver Clad Proof $11
1972 Copper-Nickel Clad Uncirculated $3.50
1972-D Copper-Nickel Clad Uncirculated $3.50
1972-S 40% Silver Clad Uncirculated $10

What is the value of an Eisenhower Bicentennial dollar?

11,000,000 uncirculated 1976-S 40 percent silver dollars were minted while 4,000,000 proof versions of the 1776-1976 S silver dollar were produced. In general, when silver content is worth around $20 per ounce, uncirculated 40 percent silver bicentennial dollars cost around $14 and proofs carry a $20 price tag.

Is the Eisenhower silver dollar worth anything?

You have to look into the varieties and condition grades to find the higher values, so most Eisenhower Dollars are worth $1, if you find them in a mint or proof set then they will be worth a few dollars.

What kind of coin is an Ike dollar?

These Proof coins were housed in hard plastic holders and placed in special brown boxes and are commonly referred to as “Brown Ikes.” The mint also produced special uncirculated strikes in the 40% silver composition. They were distributed in blue envelopes with the coin being held in a soft plastic package.

Why was the U.S.dollar redesigned in 1935?

The United States wanted to honor this accomplishment on a coin. Unfortunately, the cent, nickel, dime, quarter and half dollar, for one reason or another, were off-limits for a redesign. Therefore, the United States Treasury Department decided to revive the dollar coin that had not been minted since 1935.

What’s the composition of the new one dollar coin?

The new one-dollar coin would be the same diameter and approximately the same thickness as previous minted silver dollars, but the composition would be a copper-nickel clad base metal composition that is dictated by the Coinage Act of July 23, 1965.

Which is the scarcest type of Ike dollar?

The 1972 Type II Eisenhower Dollar is the scarcest of the three Ike Dollar varieties examined here and was struck from just one known reverse die.