What is an Ike Dollar?

Ethan Garcia | 2023-04-07 08:05:05 | page views:1645
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Zoe Mitchell

Studied at the University of Barcelona, Lives in Barcelona, Spain.
I'm an expert in numismatics, the study or collection of currency, including coins and paper money. I can provide you with detailed information about the Ike Dollar.

An Ike Dollar, also known as the Eisenhower Dollar, is a one dollar coin that was minted in the United States from 1971 to 1978. It was the first dollar coin to be issued by the U.S. Mint since the Peace Dollar series ended in 1935. The coin was named in honor of the 34th President of the United States, Dwight D. Eisenhower, and is informally referred to as an "Ike Dollar" due to his nickname.

The obverse of the coin features a bust of Eisenhower, while the reverse side has an image of the Apollo 11 insignia, which was the mission that first landed humans on the moon. This design was chosen to represent the United States' achievements in space exploration.

The Ike Dollar was made of a copper-nickel clad composition until 1975, after which it was changed to a composition of 70% copper and 30% nickel. The coin was relatively large and heavy, which made it less popular for everyday use compared to the smaller and lighter paper dollar bills.

The Eisenhower Dollar was not widely circulated and is now considered a collector's item. Some varieties are more valuable than others, depending on factors such as the mint mark, the condition of the coin, and whether it is a proof or uncirculated coin.


Zoe Walker

Studied at the University of Barcelona, Lives in Barcelona, Spain.
The Eisenhower dollar is 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.
2023-04-07 08:05:05

Oliver Smith

QuesHub.com delivers expert answers and knowledge to you.
The Eisenhower dollar is 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.
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