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Silver

Eisenhower Dollar Melt Value (1971 to 1978)

The Eisenhower dollar was the last large-size US dollar coin. Circulating issues are copper-nickel with no silver; only S-mint collector versions from 1971 to 1976 are 40 percent silver, 0.3161 troy ounces each. The melt value below tracks the live spot price.

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Data Methodology

Where does this price data come from?
Silver spot prices are sourced from Metals.Dev, a professional metals data provider, with automatic fallback to gold-api.com for redundancy. Prices are updated in real-time during market hours, ensuring you always see the latest data. All prices reflect the latest available mid-market spot rate.
How is the silver spot price determined?
The silver spot price is derived from the most actively traded futures contracts on COMEX (CME Group) and the London Bullion Market Association (LBMA). The spot price represents the current market price for immediate delivery, calculated from near-month futures contracts adjusted for carry costs. During off-hours, prices reflect OTC (over-the-counter) trading across global markets, providing continuous 24-hour price discovery.
When are precious metals markets open?
COMEX futures trade Sunday through Friday, 6:00 PM to 5:00 PM ET (23 hours per day with a 1-hour break). The London Bullion Market (LBMA) operates Monday to Friday with two daily fixings: AM fix at 10:30 AM London time and PM fix at 3:00 PM London time. Outside of formal exchange hours, precious metals continue to trade on OTC markets globally, meaning prices can move 24 hours a day, 5 days a week. Our data reflects these continuous market movements.

How Much Is an Eisenhower Silver Dollar Worth Today?

As of July 18, 2026, with silver at $56.01 per troy ounce, a 40 percent silver Eisenhower dollar has a melt value of $17.70. Only San Francisco collector issues from 1971 to 1976 contain silver (0.3161 troy ounces each); every Eisenhower dollar that actually circulated is copper-nickel clad and worth roughly face value in metal.

The first question for any Ike dollar is composition, not date. If you are checking a 1971 silver dollar value today, or a 1972 silver dollar value today, look at the mint mark above the date: coins from Philadelphia (no mark) and Denver (D) are copper-nickel clad, the same sandwich used in quarters, and trade for a dollar or two in circulated condition. Only the San Francisco (S) silver-clad collector issues carry bullion value: 24.59 grams at 40 percent silver works out to 9.84 grams, or 0.3161 troy ounces, of pure metal per coin. Compare every US coin's silver content on the silver coin melt values master table, or value a mixed stack with the junk silver calculator.

Which Eisenhower Dollars Are 40% Silver?

Five issues, all from San Francisco: 1971-S, 1972-S, 1973-S, 1974-S, and the 1776-1976-S Bicentennial. Each was sold directly to collectors, as uncirculated coins in blue envelopes (nicknamed Blue Ikes) and as proofs in brown boxes (Brown Ikes). The alloy matches the 1965 to 1970 Kennedy half dollar: outer layers of 80 percent silver bonded to a core of about 21 percent silver, for 40 percent silver overall. Telling silver from clad takes seconds. A silver-clad Ike weighs 24.59 grams against 22.68 grams for the copper-nickel version, and the edge of a clad coin shows a distinct copper-colored band that the silver issue lacks. There are no 40 percent silver Eisenhower dollars dated 1977 or 1978, and none from Philadelphia or Denver in any year.

Eisenhower Dollar Values by Year (1971 to 1978)

Use this table to place any Ike dollar. Composition follows the US Mint specifications for the series; silver melt values track the live spot price above.

DateMints and compositionSilver and value note
1971P, D (clad), S (40% silver)P and D are copper-nickel, no silver; 1971-S silver-clad collector coins, melt value $17.70
1972P, D (clad), S (40% silver)P and D are copper-nickel, no silver; 1972-S silver-clad collector coins, melt value $17.70
1973P, D (clad), S (clad proof and 40% silver)P and D sold only in mint sets; 1973-S silver versions, melt value $17.70
1974P, D (clad), S (clad proof and 40% silver)Circulating coins are clad; 1974-S silver versions, melt value $17.70
1776-1976P, D (clad), S (clad proof and 40% silver)Bicentennial dual date struck in 1975 and 1976; only the S-mint silver issue has silver, melt value $17.70
1977P, D (clad), S (clad proof)Copper-nickel only; no silver versions exist
1978P, D (clad), S (clad proof)Copper-nickel only; final year of the series

What Is a 1776-1976 Bicentennial Silver Dollar Worth?

For the nation's 200th birthday the Mint dual-dated every 1975 and 1976 Eisenhower dollar 1776-1976 and replaced the eagle reverse with Dennis R. Williams' Liberty Bell superimposed on the moon. That is why no 1975-dated Ike exists. Because hundreds of millions were struck for circulation, the 1776-1976 silver dollar value today is usually just one to three dollars: the common Philadelphia and Denver coins are copper-nickel clad with no silver. The exception is the 1776-1976-S silver issue, sold in collector sets, which carries the full 0.3161 ounces of silver and tracks the melt value shown on this page. The same mint-mark rule settles what any 1976 silver dollar is worth: S-mint silver issues follow melt, everything else is a novelty coin. Check the mint mark and weight before assuming a Bicentennial dollar is bullion; the reverse design alone does not indicate silver.

Eisenhower Dollar Melt Value at Different Silver Prices

Each row multiplies the 40 percent silver Ike's 0.3161 ounces by a round spot price. Clad coins are excluded because they contain no silver.

Silver spot priceEisenhower Dollar (40% Silver) melt value
$30.00 per oz$9.48
$40.00 per oz$12.64
$50.00 per oz$15.81
$60.00 per oz (closest to current spot)$18.97
$70.00 per oz$22.13
$80.00 per oz$25.29
$90.00 per oz$28.45

Eisenhower Dollar Specifications (40% Silver)

Specifications below are for the silver-clad collector issues. The copper-nickel circulation version shares the 38.1 mm diameter but weighs 22.68 grams and contains no silver.

SpecificationEisenhower Dollar (40% Silver)
Years minted1971 to 1976 (S mint only)
Composition40% silver overall (80% silver outer layers, 21% silver core)
Gross weight24.59 grams
Actual silver weight (ASW)0.3161 troy oz
Face value$1
Diameter38.1 mm
DesignerFrank Gasparro

Are Eisenhower Dollars Worth More Than Melt?

Usually not by much. Silver Ikes were saved in huge numbers, so common uncirculated 1971-S and 1972-S coins trade near melt plus a modest premium, and dealers buy them primarily as 40 percent silver bullion. Collector premiums concentrate in a few spots: high-grade Brown Ike proofs, the 1972 Philadelphia Type 2 variety (a clad coin prized for its die variety, not its metal), and top-population certified examples of any date. Clad circulation strikes are worth one to three dollars in typical condition simply because large dollar coins are novel, not because of metal content. As with all silver coins, treat the live melt figure as your floor when selling, and compare dealer offers against typical premiums on our coin premium page.

Published by MetalCharts, a free precious metals resource providing real-time prices, interactive charts, educational guides, and portfolio management tools. All market data sourced from COMEX, LBMA, and LME.

Frequently Asked Questions

What is a 1971 silver dollar worth today?
It depends on the mint mark. A 1971-S silver-clad Eisenhower dollar contains 0.3161 troy ounces of silver, worth about $17.70 at the current $56.01 spot price. A 1971 or 1971-D from Philadelphia or Denver is copper-nickel with no silver and typically sells for $1 to $3 in circulated condition.
What is a 1972 silver dollar worth today?
Same rule as 1971: only the 1972-S silver-clad issue contains silver, about $17.70 in melt value at the current spot price. Clad 1972 and 1972-D dollars trade near face value, though the 1972 Philadelphia Type 2 die variety brings a strong collector premium despite containing no silver.
What is a 1776-1976 silver dollar worth today?
Most Bicentennial dollars are copper-nickel clad and sell for $1 to $3. Only the 1776-1976-S silver issue, sold in collector sets, contains 40 percent silver (0.3161 troy ounces) and tracks the live melt value on this page. Check for the S mint mark and a 24.59 gram weight.
How can I tell if my Eisenhower dollar is silver?
Three checks: the mint mark (silver issues are S only, from 1971 to 1976), the weight (24.59 grams for silver-clad versus 22.68 grams for copper-nickel), and the edge (clad coins show a copper-colored band; silver-clad coins do not). Coins dated 1977 or 1978 are never silver.
How much silver is in an Eisenhower dollar?
A 40 percent silver Eisenhower dollar contains 0.3161 troy ounces of pure silver from 24.59 grams of silver-clad alloy, about 41 percent of the silver in a Morgan or Peace dollar. Circulating clad Eisenhower dollars contain no silver at all.