1971 Silver Ike?

Discussion in 'Bullion Investing' started by COINnoisseur, Sep 17, 2012.

  1. COINnoisseur

    COINnoisseur Professional Amateur

    I have this Monday off from work, so I decided to do some cleaning. In the process of cleaning I found a 1971 Ike on closet shelf. My question to everyone is if this coin contains silver. There isn't a mintmark. Thanks for any info you can provide.
     
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  3. DarioEM

    DarioEM Member

    If you have scale you can weigh it to see what the metal content is... a clad copper/nickel Ike will weight about 22 grams and a silver Ike will weigh about 24 grams.
    I do this with every Ike I come across just to be sure :)

    If you find a 1973 Ike be sure to let me know!
     
  4. COINnoisseur

    COINnoisseur Professional Amateur

    I don't have a scale but there appears to be a copper layer when I look the edge of the coin. would the lack of mintmark help determine it's composition. Is the 1973 Ike a rare date?
     
  5. DarioEM

    DarioEM Member

    The mint mark won't tell you much with the Eisenhower, even some of the "S" mint marks on them aren't silver (according to a quick search on Google). If you see copper then it's likely not silver. There were only about 4 million 1973 Ikes made into circulation so yup it's pretty rare! It's on my list of coins to hunt down and collect
     
  6. COINnoisseur

    COINnoisseur Professional Amateur

    thanks for the info
     
  7. Irish2Ice

    Irish2Ice Member

    If it's a 1971 Ike with no mint mark then it's Cu/Ni Clad. All "S" mint marked Ike's in 1971 and 1972 were silver. There is always the 1 in-a 1,000,000 shot it's an error.....but I wouldn't count on it or buy a scale to check.

    FWIW, and to educate anyone looking at Ike's, the only Copper/Nickel "S" mint Ike's were mint Proof coins (in the mint proof sets) from 1973-1978. It's VERY easy to tell if they are Cu/Ni by the band of copper around the edge. There were NO silver Ike's minted in 1977-1978. And all the Silver Proofs from 1971-1974 were in the Brown mint Boxes by themselves. The "business" struck silver Ike's were in the blue mint envelopes w/ an "S" mint mark.

    The 1976's were a little more complicated.
     
  8. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    It is definitely NOT rare, but all of the Ikes are picking up on collector interest. The "silver" ones, with 40% silver are the 1971s-1974s mint ones. In high condition, they are worth something.
     
  9. Lon Chaney

    Lon Chaney Well-Known Member

    Yeah 4 million isn't rare.
    And you're off on that. Zero were intended for circulation, though undoubtedly a few have been circulated.
    1973 Ikes are NIFC - they were in mint sets only.
     
  10. DarioEM

    DarioEM Member

    Thanks, good to know! Now if I can just find one sitting at my bank..
     
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