RARE coins can prove to be worth a dime especially those that are minted for a limited time only.
Dollars featuring the 34th President of the United States Dwight D. Eisenhower, also known as Ike dollars, were minted only between 1971 and 1978.
These were the first dollars minted after the Peace series ended in 1935.
Below, we explain what Eisenhower coins are and how much they can sell for.
What is Eisenhower Dollar?
Designed by United States Mint chief engraver Frank Gasparro, the Eisenhower coins have been used for circulation as well as for collectors.
Based on CoinWeek, there are three versions of the Ike coin: the copper-nickel and the 40% silver coin containing 0.3162 ounces of silver per coin.
However, they did not replace the paper dollar as originally thought.
In the few years that the coin was minted, it had three different inversions.
The 1976 Ike Dollar has a unique reverse that features the Liberty Bell on the lunar surface.
This was done to celebrate the Apollo 11 moon landing as well as the biennial of the United States.
These particular coins also have the double 1776-1976 inscription.
The coins were eventually discontinued due to their size, which made them difficult to produce.
Due to the fact that they were minted for a limited time, the Ike dollar rare coins.
You might be holding something valuable in your wallet. Check out these articles on rare coins to see if you might have a hidden treasure deep in your pocket.
Which Eisenhower Dollar Is Most Valuable?
When an initial coin is produced, there can be a prototype version.
Prototype coins are often used to help engravers perfect the design of coins and are produced in the Mint.
They are exceptionally rare and can sell for quite a while.
In fact, a prototype Eisenhower coin from 1971 recently sold for $264,000.
Another rare Eisenhower coin is the biennial coin dated 1776-1976.
But Ike coins can also be sold in bundles as a collector’s item.
At the end of November, lots of 500 Eisenhower dollars in circulation sold for $743 on eBay, which works out to just $1,486 per coin.
How to find rare coins
Rare coins can be found in a variety of ways.
For starters, you can check out any coin collection or money changer you might have in your house.
You can also use metal detectors on beaches or areas where there may be buried treasure.
There is also the option of stopping at your local bank to request a coin wrapper or other coins.
You can always search online through USA Coin Book or eBay for certified rare coins.
It is important to research the coin first and know its value before buying.
You’ll also want to know about potential counterfeits online.
To avoid this, make sure you check the seller’s history and whether the coin is certified on the listing.
We explain what makes Lincoln double die a penny is worth.
We also explain where you can find rare coins.
We pay for your stories!
Do you have a story for the American team The Sun?
https://www.the-sun.com/money/4504806/eisenhower-silver-dollar-rare-coin/ What is the Eisenhower Dollar and what makes it worth up to $264,000 explained