The legislative journey for the Eisenhower Dollar began on October 25, 1969. Congressman Bob Casey of Texas proposed an amendment, to the House Banking Bill, that would create a one-dollar coin commemorating both Dwight David Eisenhower and the Landing on the Moon.
Late November 1970, Mary Brooks, the Director of the US Mint, anticipating the passage of the bill, directed the Chief Engraver of the Mint, Frank Gasparro, to design the obverse and reverse of a one-dollar coin that would commemorate Eisenhower and the Moon-Landing.
Frank Gasparro began this task on the Thanksgiving Weekend of 1970 and produced the working coin dies by January 2, 1971. Eisenhower was a hero he admired for many years. Frank Gasparro used the sketches he made from a 1945 Eisenhower victory parade as the basis for the obverse design of the coin. For the reverse, he used the Apollo XI insignia as the allegorical representation of the moon landing. Astronaut Michael Cooper was the original designer of The Apollo XI insignia.
President Nixon signed the Bill into law on December 31, 1970. This bill authorized the Treasury to mint Copper-Nickel Clad dollars for general circulation and also authorized the Treasury to mint not more than 150 million 40% Silver-Clad dollars for collectors. The first release for the 40% Silver-Clad Dollar was on March 31, 1971. The first release for Copper-Nickel Clad circulating dollars was thru the Federal Reserve Banking System on November 1, 1971.
The Bicentennial Issue (1975 and 1976) has a different reverse design. Dennis R. Williams won an open competition for his rendition of the Liberty Bell superimposed on the moon. The obverse of the Bicentennial Dollar remained the same with the exception of the dual date 1776-1976. The 1976 S 40% Silver Clad Dollar is part of a three-piece set which includes a 40% Silver Clad Quarter and a 40% Silver Clad Half-Dollar. This three-piece set is packaged in a Plio-Film Sleeve inserted into a Red Envelope. This Bicentennial Three Piece 40% Silver Clad Issue was made in 1975 and 1976. The dual-dated Bicentennial Copper-Nickel Clad Dollars were made for general circulation in 1975 and 1976.
All Silver-Clad Dollars were minted at the San Francisco Mint. These 40% Silver Clad Dollars were individually packaged in a Plio-Film Sleeve that was inserted into a Dark Blue Envelope. They were minted from 1971 to 1974.
All Copper-Nickel Clad Dollars made for circulation were released thru the Federal Reserve Banking System. This dollar was added to the Mint Sets in 1973 and remained a part of the Mint Sets thru 1978. No dollars were added to the 1971 and 1972 Mint Sets. NOTE: No Copper-Nickel Clad Ike dollars were release for circulation in 1973. The only way to add one to your set is to remove it out of the 1973 Mint Set.
This collection has its share of varieties. These varieties were caused by several factors: Design enhancements; Design changes; Lettering modifications and Improvements in the steel alloy that was used to make the dies. Three different reverse dies were used to manufacture the Ike Dollar in the years of 1971 thru 1974, 1977 and 1978: They are called the Type 1 Low Relief Die, Type 2 High Relief Die and the Type 3 Improved High Relief Die. The Bicentennial Issue has two varieties. The 1975 (Variety 1) issue has a low relief design with bold lettering on the reverse. The 1976 (Variety 2) issue has a sharp design with delicate lettering on the reverse. Additional “variety” information is provided in the "Coin Description Section" for each listed coin.
The Eisenhower Dollar was minted for eight years (1971-1978). Prior to this Ike Dollar, the last new dollar was minted in 1935. Since then, the public grew fond of the Paper Dollar and never accepted the bulky and heavy Ike dollar. The Ike Dollar was terminated for the new small size Susan B. Anthony Dollar that saw the same fate a few years later (1979-1981, 1999).
Specifications of the Copper-Nickel Clad Eisenhower Dollar: WHT:22.68grams. DIA: 38.10mm. EDGE: Reeded. ALLOY: Outer-Layers of 75% Copper, 25%Nickel. Bonded to an inner core of pure copper.
Specifications of the 40% Silver Clad Eisenhower Dollar: WHT: 24.59grams. DIA: 38.10mm. EDGE: Reeded. ALLOY: Outer-Layers of 80% Silver, 20%Copper. Bonded to an inner core of 79% Copper, 21% Silver. Total Silver WHT: .3161oz.Read more...
BoneHeads Collection of Mint State Eisenhower Dollars w/Blank & Planchet.