The Eisenhower Dollar, minted from 1971 to 1978, holds a special place in U.S. coin history. It was the last large-size dollar coin produced for circulation and the first to feature President Dwight D. Eisenhower. The 1973 Eisenhower Dollar is an especially interesting year for collectors because of its lower mintage and unique varieties.
If you’ve been curious about the 1973 Ike Dollar, here’s everything you need to know — from its history to its value and key tips for collectors.
History of the 1973 Eisenhower Dollar
The Eisenhower Dollar was designed by Frank Gasparro and first released in 1971 to honor both President Eisenhower and the Apollo 11 moon landing.
By 1973, the coin was already popular, but this was the first year when no circulation strikes were made for the general public. Instead, 1973 Eisenhower Dollars were only produced in mint sets and proof sets — which makes them scarcer compared to 1971 and 1972 issues.
Varieties of the 1973 Eisenhower Dollar
Collectors can look for three main varieties:
- 1973 (P) Eisenhower Dollar
- Struck at the Philadelphia Mint.
- No mintmark.
- Found only in mint sets, so they are typically well-preserved.
- 1973-D Eisenhower Dollar
- Produced at the Denver Mint.
- Features the “D” mintmark.
- Like the Philly issue, available only in mint sets.
- 1973-S Eisenhower Dollar
- Struck at the San Francisco Mint.
- Includes two versions:
- Clad Proof (mirror-like finish)
- 40% Silver Proof (premium issue, sold to collectors)
Why the 1973 Ike Dollar Is Special
Unlike other years, 1973 Eisenhower Dollars were not released into everyday circulation. This means fewer of them were saved casually, and most remain in relatively high grades today.
- Lower Mintage:
- 1973 (P): ~1.8 million
- 1973-D: ~2.9 million
- 1973-S Proofs: ~2.8 million
- 1973-S Silver Proofs: ~1.8 million
These numbers are much lower than the 1971 or 1972 issues, which had tens of millions struck.
Value of the 1973 Eisenhower Dollar
Because these coins were issued in sets, many are still in great condition, but prices vary based on grade and variety:
- 1973 (P) & 1973-D: $5 – $20 in uncirculated condition.
- 1973-S Proof: $8 – $20 depending on quality.
- 1973-S Silver Proof: $15 – $30, with deep cameo examples commanding a premium.
- High-Grade Certified Coins (MS-66 or PR-69): Can reach $200+ for the finest examples.
Tips for Collectors
- Look for High Grades: Since these coins were not widely circulated, aim for MS-65 and above for the best value.
- Search for Deep Cameo Proofs: 1973-S silver proofs with strong contrast between frosted devices and mirrored fields are highly desirable.
- Complete the Ike Dollar Set: The 1973 issues are a must-have for anyone building a complete Eisenhower Dollar collection.
Final Thoughts
The 1973 Eisenhower Dollar is a fascinating piece of U.S. coinage history. With its lower mintage, special collector-only release, and the option to hunt for high-grade examples or silver proofs, this coin remains a favorite for both new and seasoned collectors.
If you’re building an Eisenhower Dollar set, make sure to grab the 1973 issues early — they are scarcer than most and may rise in demand as more collectors seek them out.