Collection: Type 1, Clad (Ike Dollar)

Designed by: Frank Gasparro
Issue Dates: 1971-1974, 1977-1978
Composition: 75% copper, 25% nickel bonded to core of pure copper
Diameter: 38.1 mm
Weight: 22.68 grams (350.00 grains)
Edge: Reeded
Business Strike Mintage: 466,001,887
Proof Mintage: 11,751,840

1971–1978 Eisenhower Dollar | A Tribute to Ike and America's Space Legacy

The Eisenhower dollar, affectionately known as the "Ike ... Read More

Designed by: Frank Gasparro
Issue Dates: 1971-1974, 1977-1978
Composition: 75% copper, 25% nickel bonded to core of pure copper
Diameter: 38.1 mm
Weight: 22.68 grams (350.00 grains)
Edge: Reeded
Business Strike Mintage: 466,001,887
Proof Mintage: 11,751,840

1971–1978 Eisenhower Dollar | A Tribute to Ike and America's Space Legacy

The Eisenhower dollar, affectionately known as the "Ike Dollar," was issued for general circulation from 1971 through 1974, and again in 1977 and 1978. Named in honor of President Dwight D. Eisenhower, the obverse features his stately profile, while the reverse—especially in the 1971–1974 issues—commemorates the Apollo 11 Moon landing, depicting an eagle landing on the lunar surface with Earth above.

These circulating coins were struck in a clad composition, consisting of a pure copper core bonded between layers of 75% copper and 25% nickel. Both business strikes and Proof versions were produced in this format.

Collectibility and Varieties

While not rare in lower grades, Eisenhower dollars have become highly collectible in Gem Mint State, driven largely by PCGS and NGC Registry Set competition. Key highlights include:

• 1972 Variety 2 (Type 2 reverse): This issue features a scarce design variant with a less-detailed Earth and fewer islands in the Caribbean. It’s significantly more valuable in high-grade Mint State, and sought after by variety specialists.

• MS66 and Higher Grades: Common-date Ikes in MS66, MS67, and above regularly sell in three- or even four-figure price ranges, reflecting the scarcity of well-struck, high-end survivors.

Circulation and Historical Context

Despite its patriotic design and commemorative intent, the Eisenhower dollar saw limited acceptance in daily commerce. Its large size and heavy weight, combined with the continued printing of the $1 paper note, made it impractical for regular use. Most Ike dollars entered circulation primarily through casino slot machines or were retained as keepsakes and novelty items.

Summary for Collectors

• Composition: Copper-nickel clad (non-silver)

• Mints: Philadelphia & Denver (circulation); San Francisco (Proofs)

• Years Issued for Circulation: 1971–1974, 1977–1978

• Key Variety: 1972 Type 2 (scarce reverse design)

• Popular Grades: MS65–MS67, especially for Registry competition

Whether you're a type set collector, registry competitor, or building a modern-era dollar collection, the Eisenhower series delivers both affordable options and challenging high-grade rarities.

Explore our curated inventory of certified Eisenhower dollars, including Variety 2 1972 examples, CAC-approved pieces, and high-grade Mint State coins perfect for investment or display.