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CoinWeek breaks down the history behind the 1971-S Eisenhower dollar, why this issue comes in low grades, and how to spot valuable varieties.

In Mint State 65, the 1973 Eisenhower dollar carries a retail price of about $25 according to CoinWeek IQ's current market analytics.

As a circulating coin, the Eisenhower dollar did not fare any better than the Morgan and Peace dollars that preceded it.

United States 1971-D Eisenhower Dollar Even though the United States had no real need for a large dollar coin at the start of the 1970s, the gaming industry developed an acute need to find a replacement for the silver dollars used to feed tens of thousands of slot machines. This “need”, and the recent death of beloved war-hero-turned-president Dwight D. Eisenhower, presented the United States Congress with an opportunity to cater to the needs of the industry. While Mint Director Mary Brooks lobbied for the coin to be struck in silver, Congress instead chose to strike the coin for circ...