1976 Bicentennial IKE Dollar Review and Value

Published on September 17, 2021

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In 1976 they minted an Eisenhower Dollar, also known as the Bicentennial Ike Dollar. ** FACTS, MYSTERIES
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These coins were minted in Philadelphia, Denver and San Francisco. The coin minted in San Fran was 40% Silver and sold in a proof set with the bicentennial quarter and half dollar.

In 1973 the mint decided to hold a contest to see which design would appear on the reverse side of the coin. The winner for the Ike dollar was a Liberty Bell superimposed over the moon.

A few of the coins were struck in San Francisco in 1974, sort of as a test run. They were supposed to be destroyed, but someone fouled up and one or more ended up in circulation. Those coins were copper-nickel, however they would be worth more than the silver proof. If you happen to own a silver proof Ike dollar minted in San Francisco the melt price (in 2017) would be just over $5. The Numismatic value is much higher than the silver bug value.

So let’s talk 1976. The US was excited for the Bicentennial Celebration. We were about to celebrate the 200th year of Independence. It wasn’t just about July 4th fireworks, it was about 200 Years of Freedom. The man of the year was Jimmy Carter, Rocky was playing in theatre’s, Pittsburgh Steelers won the Superbowl beating the Dallas Cowboys, Boston Celtics were NBA champs. If you owned a TV you were probably watching Happy Days. Also in 1976, the average house price was around $43,000 and average salary was $16,000. A gallon of gas was just under 60 cents.

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Homestake Mining Business saw profitable organization throughout this period of growth. Their stocks was among the highest on the planet. Where they sold for far less than a hundred dollars per share, their stocks began being valued at almost 4 hundred dollars by 1933. Their dividends were also fantastic. Where dividends were fewer than ten dollars at the start of the Great Depression, by 1935 it was at fifty 6 dollars. Gold financiers were safe and very happy throughout this time of financial hardship.

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