1978 us dollar coin

Its size, weight and luster set it apart from modern versions.

The United States Mint recognized that the large size of the one dollar coin was suboptimal if the coin was to see widespread circulation and acceptance in vending machines. The Eisenhower dollar measured By , the Mint had come to realize that producing half dollars in silver was a mistake. That same bill called for the half dollar to be struck in copper-nickel as well. True, casino interests found the coins an ideal replacement for the silver dollars that once poured into their slot machines, but for the rest of America, the Eisenhower dollar was a novelty coin at best, and a government boondoggle at worst. By the summer of , work was well underway to rethink the future of American coinage.

1978 us dollar coin

The Eisenhower dollar is a one-dollar coin issued by the United States Mint from to ; it was the first coin of that denomination issued by the Mint since the Peace dollar series ended in The coin depicts President Dwight D. Eisenhower on the obverse , and a stylized image honoring the Apollo 11 Moon mission on the reverse. Both sides were designed by Frank Gasparro , with the reverse based on the mission patch designed by astronaut Michael Collins. It is the only large-size U. In , because of rises in bullion prices, the Mint began to strike copper-nickel clad coins instead of silver. No dollar coins had been issued for thirty years, but, beginning in , legislators sought to reintroduce a dollar coin into commerce. After Eisenhower died that March, there were a number of proposals to honor him with the new coin. On December 31, , President Richard Nixon , who had served as vice president under Eisenhower, signed legislation authorizing mintage of the new coin. There are no dollar coins dated ; coins struck that year and from bear the double date —, and a special reverse by Dennis R. Williams in honor of the bicentennial of American independence. Beginning in , the Mint sought to replace the cumbersome Eisenhower dollar with a smaller-sized coin. Congress authorized the Susan B. Anthony dollar , struck beginning in , but that coin also failed to circulate. Given their modest cost and the short length of the series, complete sets of Eisenhower dollars are inexpensive to assemble and are gaining popularity with coin collectors.

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Eisenhower dollars were minted from through and designed by Frank Gasparro. The Eisenhower dollar symbolizes at least two numismatically significant elements, being the first dollar coin minted during the copper-nickel clad era which began in and the last regularly issued dollar coin with physical dimensions approximating the traditional silver dollars of earlier times. In and , all Eisenhower dollars honored the nation? The bicentennial design, by Dennis R. Williams, was replaced in with the coin? While hundreds of millions of Eisenhower dollars were made, copper-nickel clad business-strike specimens grading MS65 or better are remarkably scarce.

1978 us dollar coin

The era of the big dollar coin was already coming to a close when the United States Mint struck the last 59,, Eisenhower dollar coins for circulation at the Denver and Philadelphia mints. Denver had the honor of striking slightly more, and as had been the case through the entire series, struck them better than the coin operators at the mother mint. The copper-nickel clad large dollar came into existence in as a memorial to the recently passed and beloved war-hero-turned President Dwight D. The high came during the American Bicentennial year of at the Philadelphia Mint. The low came from the emission, where coins were struck for the annual Mint Set although at least one bag of coins has been reported as having been released into the wild. It is by all accounts a typical issue from this late-modern-era U. None were struck in silver. In average circulated condition, retail prices are only a few cents higher than face value. Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam.

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She spoke to Democratic Missouri Representative Leonor Sullivan , who agreed that the dollar should bear a portrait of Eisenhower as "equal time" to the half dollar, which bore the likeness of Democratic president John F. Between 10 and 20 of each date are known. Circulation strikes: [95] 47,, D 68,, 75,, D 92,, 1,, D 1,, 27,, D 45,, No dollars dated — Type I 4,, —D Type I 21,, — Type II ,, —D Type II 82,, 12,, D 32,, 25,, D 33,, By this time, rising bullion prices threatened the continued use of silver in the Kennedy half dollar , but Brooks hoped to maintain the dollar as a silver coin. Giaimo noted that the coin would be useful in casinos, which were striking their own tokens in the absence of circulating dollar coins, and in the vending industry, which was starting to sell higher-priced items. Eisenhower brother Milton S. Bicentennial Reverses. Read Edit View history. No 40 percent silver dollars were minted after The Mint struck pattern pieces of the smaller size, with various shapes and compositions.

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In July, the Committee on Banking, Housing, and Urban Affairs of the United States Senate filed its report and proposed a bill to authorize the production of a small dollar coin bearing the likeness of Susan B. Cant find one like it elsewhere,so someone knows more? Draft Eisenhower movement Republican Party presidential primaries Republican National Convention United States Presidential election Seems to be Burmese coin mule on Ike.. Gasparro slightly modified the design, simplifying the features visible on the lunar surface, and altering the lettering and the bell. By the summer of , work was well underway to rethink the future of American coinage. Circulating coinage of the United States. A midyear change in the design was announced by Brooks at the American Numismatic Association 's convention in New Orleans, although she did not state exactly what was being changed. But at present, the best quality coins known from either Denver or Philadelphia are graded MS McClure described the deal as "a lot less than the country deserves, but a lot more than it appeared we would get.