However, there are several varieties worth mentioning from this type: The Philadelphia Mint also produced three different types of 1972 Eisenhower Dollars using the cupro-nickel alloy, which are easily identified because they have no mintmark. This popular series is also known as the Ike Dollar because of Eisenhower’s famous nickname. Unfortunately, not all three are easy to find (we will talk more about this later), but there are still significant differences regarding their value today. The first step in determining your coin’s value will be to check for all three mintmarks: “D” is from Denver, “S” is from San Francisco, and Philadelphia strikes do not have any mintmarks. Mint, was responsible for the design.īy combining an image of President Eisenhower with a representation of the Apollo 11 mission on the reverse side, he created a classic example of “historical” numismatic art. The Philadelphia Mint struck the prototypes in 1971, and they quickly gained popularity among collectors.įrank Gasparro, the Chief Engraver of the U.S. They Are Sought After by Many Collectors – Because of their rarity and the history behind the coin.Due to their limited supply, it was not easy to find good quality pieces in their original packaging, but scarcity can increase coin values tremendously. government made only a certain amount of these dollars, and history tells that the government mainly used them for further testing before releasing them to the public market. There are a few reasons that make 1972-dollar coins rare. Silver coins have been a part of human currency for thousands of years. Unlike gold or copper, mined from deep within the Earth, silver was often found on the surface of hillsides or at shallow depths in mineshaft excavations.Īs a result, it was easier to mine than other metals like gold or copper, making it more accessible to people all over Europe and Asia (where it continued to be famous well into the 20th century). Its prominence in jewelry, cutlery, and other valuables over many centuries made it clear that something so beautiful must also be important-and worth money. Silver’s value has fluctuated over time but has always been precious. The Greek island was known for its massive silver deposits and quickly became the standard-bearer for precious metal coinage throughout the region. Some historians date the use of silver in coinage as far back as 600 B.C., when King Croesus first minted small amounts of silver into coins to be used by his people and others in the trade.

Value silver dollar 1972