The value of a 1974 one-dollar coin (Eisenhower Dollar) can vary significantly depending on several factors, including its condition, mint mark, and whether it’s a special variety or error coin.
- Condition/Grade: The better the condition of the coin, the more valuable it is. Circulated coins are generally worth their face value or slightly more. Uncirculated and proof coins can fetch higher prices, with the highest grades (MS-65 and above) being particularly sought after by collectors.
- Mint Mark:
– No Mint Mark (Philadelphia Mint): These are the most common and are typically worth face value unless in exceptionally high, uncirculated grades.
– D Mint Mark (Denver Mint): Also common, with values similar to the Philadelphia mint coins.
– S Mint Mark (San Francisco Mint): These coins were produced in two compositions: copper-nickel clad and 40% silver. The 40% silver coins are significantly more valuable than the clad versions due to their silver content.
- Circulated (worn) condition: A 1974 Eisenhower dollar in circulated condition is typically worth between $1.05 and $1.50.
- Uncirculated condition:
– Regular Strike (Philadelphia or Denver mint): In grades like MS-60, these coins can be worth around $2.00, increasing significantly with higher grades. An MS-67 grade can command approximately $2,000.
– 1974-S Silver (40% silver): These are more valuable due to their silver content. In circulated condition, they might be worth between $12.75 and $14. Uncirculated examples can sell for as much as $6,250.
- Proof coins: Proof coins, particularly those with a deep cameo designation (DCAM), can also be quite valuable. A 1974 S $1 Clad, DCAM (Proof) coin can have an auction record of $9,000.
- Errors and Varieties: Coins with errors or unusual varieties can be significantly more valuable. For example, a “silver planchet Ike dollar,” which was mistakenly struck on a silver planchet meant for collector coins, can be worth around $8,000. Other errors, like doubled dies or off-center strikes, can also increase the value.
- Check the mint mark: Only coins with an “S” mint mark are potentially 40% silver.
- Examine the rim: The edge of a 40% silver coin will be silvery with a light blue streak, while the clad version will show a copper edge.
- Weigh the coin: A 40% silver coin weighs about 24.624 grams, while the copper-nickel clad coin weighs about 22.68 grams.
In conclusion
While most 1974 Eisenhower dollars in circulated condition are worth close to their face value, uncirculated and proof versions, particularly those made of silver or exhibiting rare errors, can be quite valuable. To get an accurate assessment of your coin’s worth, it’s always best to consult with a reputable coin dealer or professional appraiser.
Is a coin from 1974 rare?
Good point! Rare and Valuable 1974 Penny Error Coins. Certain 1974 pennies stand out due to their rarity and unique characteristics : Noticeable errors, such as double dies and die breaks, significantly increase a penny’s numismatic value. These errors are particularly sought after by collectors.
Does a 1974 silver dollar have silver in it?
The 1974-S Eisenhower dollar is 40% silver and is in brilliant uncirculated condition. Due to its silver content, it may experience tarnishing if not properly stored.
How to tell if a $1 coin is valuable?
U.S. dollar coins worth money are hard to identify at a glance. Their value lies in where they were minted, their historical significance, mintage, precious metal content, whether they are error coins, and their condition.