The 19721 Liberty One Dollar Coin, more accurately known as the 1971 Eisenhower Dollar, holds a unique place in American numismatic history. This large, bold coin was the first U.S. dollar issued after the Peace Dollar series ended in 1935.
It was introduced not only to honor President Dwight D. Eisenhower but also to commemorate the historic Apollo 11 moon landing. Although many refer to it as the “Liberty One Dollar Coin,” it’s formally part of the Eisenhower dollar series.
Understanding the 19721 Liberty One Dollar Coin value requires exploring the coin’s rich background, its varieties, condition, mint origin, and demand among collectors today. In this guide, we will break down all aspects in a simple yet detailed way so even beginners can understand the worth and significance of this coin.
Historical Background
After a long gap in issuing dollar coins, the U.S. Mint revived the denomination in 1971. President Richard Nixon signed legislation authorizing the Eisenhower dollar to honor the late President Eisenhower, who passed away in 1969.
As the Supreme Allied Commander during World War II and a two-term U.S. president, Eisenhower was an ideal figure for this honor.
Interestingly, the reverse design also pays tribute to the Apollo 11 lunar mission, featuring an eagle landing on the moon—a nod to America’s space triumph. This dual commemoration made the 1971 Eisenhower dollar both patriotic and symbolically powerful, attracting attention from collectors and the general public alike.
Design and Specifications
The 1971 Eisenhower dollar was designed by Frank Gasparro, who also created several other U.S. coins. The obverse side features a left-facing portrait of Dwight D. Eisenhower with the word “LIBERTY” boldly inscribed above. Below his neck lies the motto “IN GOD WE TRUST” and the date “1971.”
The reverse side is even more dramatic. It showcases an eagle descending onto the moon, clutching an olive branch, with Earth visible in the background. This striking image is surrounded by the words “UNITED STATES OF AMERICA” and “ONE DOLLAR.”
Specifications Table
| Feature | Details |
|---|---|
| Composition (Clad) | Copper-Nickel over Copper |
| Composition (Silver) | 40% Silver (Collector’s versions only) |
| Diameter | 38.1 mm |
| Weight | 22.68 grams (clad), 24.59g (silver) |
| Edge | Reeded |
Minting Details
The 1971 Eisenhower dollars were minted at three locations:
- Philadelphia (no mint mark)
- Denver (D mint mark)
- San Francisco (S mint mark)
Philadelphia and Denver issued coins primarily for circulation. San Francisco minted both proof coins and special silver-clad issues for collectors. These silver versions are often mistakenly referred to as “silver dollars,” even though they contain only 40% silver.
Types and Varieties
There are several distinct varieties of the 1971 Eisenhower dollar that influence its value.
Main Types:
- 1971 (Philadelphia, no mint mark) – Common in circulation, mostly clad.
- 1971-D (Denver) – Also clad, found in everyday use.
- 1971-S Clad Proof – Polished finish made for collectors.
- 1971-S Silver Uncirculated – 40% silver content, only sold in special collector sets.
- 1971-S Silver Proof – Same composition but with mirror-like surfaces.
Die Variants:
Collectors often seek out subtle differences in the dies used to strike these coins, such as differences in the lettering or relief. While not all varieties drastically affect the 19721 Liberty One Dollar Coin value, certain errors or high-quality strikes can be more desirable.
Grading and Condition
Coin grading is a crucial factor in determining the 19721 Liberty One Dollar Coin value. Grading is done on a scale from 1 to 70, where MS (Mint State) grades of 60 or higher indicate uncirculated coins.
- Circulated coins usually fall between G4 and VF30 (Good to Very Fine).
- Uncirculated coins may range from MS60 to MS67+.
- Proof coins are graded as PR (Proof), and silver proofs with cameo contrast are more valuable.
If you have a 1971 Eisenhower dollar, it’s highly recommended to have it professionally graded by services like PCGS or NGC to assess its true market value.
19721 Liberty One Dollar Coin Value Guide
Here’s a detailed breakdown of current market values based on condition and type:
Clad Coins (Philadelphia & Denver):
| Grade | 1971 (No Mint) | 1971-D (Denver) |
|---|---|---|
| Circulated | $1.05–$1.50 | $1.05–$1.50 |
| MS60–MS63 | $2–$5 | $3–$6 |
| MS65+ | $15–$100+ | $25–$200+ |
Silver-Clad Coins (San Francisco):
| Type | Circulated | Uncirculated | Proof |
|---|---|---|---|
| 1971-S 40% Silver | $11.50–$12.75 | $13–$20+ | $15–$30+ |
| High-Grade (MS67+) | – | $500–$10,000+ | $1,000–$20,000 |
Values may fluctuate based on precious metal prices, demand, and auction interest.
Notable Sales and Auctions
Some 1971 Eisenhower dollars in exceptional condition have fetched thousands at auction. For example:
- A 1971-D Eisenhower Dollar graded MS67+ sold for over $9,000 due to its rarity in such high grade.
- A 1971-S Silver Proof coin with Deep Cameo contrast and a grade of PR70 has achieved prices between $1,000–$4,000.
These examples highlight how coin grade and appearance significantly boost the 19721 Liberty One Dollar Coin value.
Collecting Tips
If you’re interested in collecting Eisenhower dollars, here are some tips to keep in mind:
- Start with circulated versions: They’re affordable and widely available.
- Invest in quality: Look for coins in higher grades for long-term value.
- Use protective holders: Store coins in acid-free holders or certified slabs to prevent damage.
- Check for silver issues: These are usually more valuable and limited in quantity.
Additionally, joining a coin collector’s group or visiting local coin shows can be a great way to expand your knowledge and network.
Conclusion
The 19721 Liberty One Dollar Coin value may not be astronomical for average circulated examples, but rare variants, pristine grades, and silver compositions can command high prices. More than just currency, these coins carry history—celebrating a president, a space mission, and a new era in American numismatics.
Whether you’re a casual collector or an avid numismatist, understanding the full story and value behind the 1971 Eisenhower Dollar will help you appreciate and possibly profit from this classic piece of American coinage.
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