The 1971 Eisenhower silver dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1971 Silver Dollar

Specifications

Type: Eisenhower Dollar
Year: 1971
Face Value: $1.00
Composition: 60% copper, 40% silver
Silver Weight: .3161 oz.
Total Weight: 24.59 grams
Current Silver Bullion Value: $5.33

The US minted the 1971 S Eisenhower silver dollar as an uncirculated coin and also as a proof coin. Most of the coins minted were proof coins. The mint mark can be found above the date.

Note that not every 1971 Eisenhower dollar is a silver coin. The US also minted the 1971 Eisenhower copper-nickel clad coin with no mint mark and also the 1971 D Eisenhower copper-nickel clad coin.

Series Location Quantity Minted
1971 S San Francisco 6,868,530

Value

This coin, regardless of condition, is worth at least its weight in silver. The silver melt value for this coin is $5.33 as of November 11, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

The standard 1971 silver dollar is worth around $13 in MS 63 choice uncirculated condition. In MS 65 gem uncirculated condition the price rises to around $18.

The 1971 proof silver dollar is worth around $14 in PR 65 condition. There were 4,265,234 proof coins minted.

Grading System

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 65 proof- There are no flaws to this coin. A few blemishes may be present.

 

Sources:

The Red Book


See also:

1972 Silver Dollar
1973 Silver Dollar
1974 Silver Dollar