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Silver Ike Dollar
Are Silver "IKE" Dollars A Good Bullion Investment?
Coin Collection - Modern Commemoratives (1982–): Money Coins
In 1982, George Washington would have been 250 years old, so it was time, once again, to strike up the band and strike up a new commemorative coin to honor the occasion. In reality, this was the U.S. Mint's toe-in-the-water test to see how the public would respond to a new commemorative coin program. Except for 1985, the mint has produced commemorative coins for collectors each year since. Mintages have increased, and so have the number of different coins made each year, such that the average collector can no longer afford to collect every possible date set/mint set/type set option.
That's why we call modern commemoratives money coins: They're expensive compared to their face value, but if you have enough money, you can get all you want. The U.S. Mint has even reinstituted the practice of making gold commemorative coins, further adding to the collector's pain (in the wallet).
Some of the topics featured on modern commemorative coins include the following
Statue of Liberty: The Statue appeared in 1986 on a copper-nickel half dollar, a silver dollar, and a $5 gold piece.
200th anniversary of the U.S. Constitution: This event was commemorated in 1987 on a silver dollar and a $5 gold piece.
Dwight D. Eisenhower: Ike appears twice on the front of this 1990 silver dollar.
Christopher Columbus: Honored in 1992 on copper-nickel half dollars, silver dollars, and $5 gold pieces.
Sports: Several sports, including soccer, gymnastics, baseball, basketball, and swimming, are honored on modern U.S. commemorative coins.
War: The Civil War, World War II, the Korean War, and the Vietnam War have all been subjects of modern U.S. commemoratives.
In 2007, the U.S. Mint issued a silver dollar and a $5 gold coin, both commemorating the 400th anniversary of the founding of the Jamestown colony in Virginia. Both coins were issued in proof and Uncirculated conditions. The maximum mintages are 500,000 of the silver dollars and 100,000 of the $5 gold coins. Production ends with the end of the 2007 calendar year.
Also in 2007, the U.S. Mint issued the Little Rock Central High School Desegregation silver dollar, available in both proof and Uncirculated conditions. The obverse of the coin depicts a group of children walking to school, escorted by a U.S. soldier, with nine stars symbolizing the Little Rock Nine (the nine African American students who, in 1957, faced down intense hatred and attended the formerly all-white Little Rock Central High School, under military escort). The reverse depicts Little Rock Central High School as it appeared around 1957.
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Frequently Asked Questions...
how much do you think a Ike silver dollar is worth if made in 1971-1979?
they are worth 1 dollar how much will you pay for them(remeber they were made in 1971-1979)
Answer:
Actually, it depends on the date, exactly what variety it is, and the condition that it is in. There were a number of these that were made for circulation out of 40% silver from 1971 to 1976 which are very hard to come by in excellent condition. They are fairly common in worn or banged up condition and worth face value or a bit more based on silver content. You can tell the silver ones because they have only a small copper strip on the edge (less copper content overall) as opposed to the non-silver ones which have a 100% copper center layer.
Most all of these coins are hard to find in Mint State condition and will cost you more than you want if you try to buy them at a show (upwards of $50+ depending on the date, the exact grade, and the grading company). Those which grade lower but are uncirculated may still cost you $10 or more.
The circulated ones are basically worth $1, unless they happen to be the couple of varieties which command a premium due to being rare - namely 1972 type 2, and type 3 or 1976 type 1. Dealers will want a premium to buy circulated ones, perhaps $1.25 to $1.50 each and will offer little more than face value if they buy them at all.
They are fun to collect though, because they are the last of the big heavy dollars produced in the USA. When a person had one in their pocket they always felt like they had more than a dollar!!
Hope that helps.




















































































