1972 S Eisenhower Ike Silver Dollar Proof %40 Silver US Mint Plastics OGP

A raw Eisenhower "Ike" Proof Silver Dollar that is an absolute must-have collectible to each and every collector, especially in the numismatic community. Being 40% silver, Eisenhower "Ike" Proof Silver Dollars are amongst the most widely collected graded coins in the numismatic industry due to their precious silver content and historical design. Since these coins are coming up to about 50 years old, quality Eisenhower "Ike" Silver dollars in this condition are becoming harder and harder to find. It is history that you can hold in your hands. With that being said, don't let this opportunity pass you up!

Coin Highlights:

• This Eisenhower "Ike" Proof Silver Dollar contains 0.3162 troy ounce of silver
• The composition of this Eisenhower "Ike" Silver Dollar Proof is 0.400 silver, 0.600 copper
• The mass of this Eisenhower "Ike" Silver Proof Dollar is 24.624 g
• The diameter of this proof Eisenhower "Ike" Silver Dollar is 38.1 mm (1.5 in)
• Years of minting: 1971-1978

Perfect for any collection, add this Eisenhower "Ike" Proof Silver Dollar to your cart today!

Eisenhower "Ike" Proof Silver Dollar - Background & Design:

The Eisenhower dollar was a one-dollar coin issued by the United States Mint from 1971 to 1978; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in 1935. The Peace dollar, the last circulating dollar made of silver, was not struck after 1935, and in most years in the quarter century after that, the bullion value of a silver dollar did not exceed 70 cents. In the early 1960s, though, silver prices rose, and the huge stocks of silver dollars in the hands of banks and the government were obtained by the public through the redemption of silver certificates. This caused shortages of silver dollars in the western states where the pieces circulated, and interests there sought the issuance of more dollars.

On August 3, 1964, Congress passed legislation providing for the striking of 45 million silver dollars. This legislation was enacted when coins vanished from circulation as the price of silver rose past $1.29 per ounce, making silver dollars worth more as bullion than as currency. Shortly after, to ensure that there would be no repetition, Congress inserted a provision in the Coinage Act of 1965 forbidding the coinage of silver dollars for five years. That act also removed silver from the dime and quarter, and reduced the silver content of the half dollar and dollar to 40%. The coin depicts President Dwight D. Eisenhower on the obverse, and on the reverse a stylized image honoring the 1969 Apollo 11 Moon mission based on the mission patch designed by astronaut Michael Collins. Both sides were designed by Frank Gasparro. Get your investment now!


Eisenhower "Ike" Proof Silver Dollar Grading Scale & Guidelines:

As understood and in relation to condition notes and guidelines, Eisenhower "Ike" dollars in proof condition are considered the finest quality of coin produced by the U.S. Mint. To achieve this finish, specially treated, hand-polished, and clean dies are struck at least twice with heavily polished dies. Proof coins can be differentiated from other types of finishes due to their mirror or cameo effect.