Wednesday, September 18

How is it that the 1971 coin can be worth up to $13,500 dollars?

Arlenys Tabare's avatar

By Arlenys Tabare

Sep 12, 2024, 4:34 PM EDT

There are coins that, due to their characteristics, year of minting, relationship to historical events, commemorations, among others, are often worth a fortune in the auction market. Many collectors go after these pieces not only for their economic value.but also for being unique and rare for their collections.

In the United States there are many coins from previous years that were affected during their minting processes, These small defects can also determine the value of the piece.everything will depend on their conditions and demand in the market.

Such is the case of the 1971 $1 coin valued at $13,500 better known as “Eisenhower” since On the obverse you can see the portrait of President Dwight D. Eisenhower and on the reverse the image of an eagle landing on the moon with an olive branch in its claws and the Earth in the background.

The years of production of this coin were between 1971 and 1978, but being of large size it was gradually withdrawn, It can be recognized that many of its specimens were minted in Denver and San Francisco. by their mint marks.

The “error” is that some of these coins do not have a mint mark, which indicates that they were minted at the Philadelphia Mint, due to this detail the Professional Coin Grading Service (PCGS) estimates the price of the copies at around $13,500 dollars.

There are many websites where you can check if the coin is of high value and you can also sell or buy some of them: Heritage Auctions, Stack’s Bowers Galleries, eBay, APMEX, among others.

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