So the new dollars were made with a copper core and clad in a mixture of nickel and copper. The rise in silver prices since 1965 meant that a silver coin was too expensive to produce. After a couple of years of wrangling over what the coins would be made from, the first Eisenhower dollars were minted in 1971. There were calls to honor him on the nation’s coinage. Then, in March 1969, former president Dwight D. With no new large-scale dollars having been produced for over 30 years, the issue was becoming ever more pressing. One was that the US gaming industry needed new silver dollars for use in slot machines up and down the country. But by 1971, two factors combined to change that. No other coin in this format had been minted since the last “Peace Dollar” in 1935.
A PR69DCAM (deep cameo) 1978 silver dollar is today valued at around $30.Ĭlassic large, silver dollars had gone out of favor for some years before the arrival of the Eisenhower dollar. Only proof and uncirculated coins were made at the San Francisco mint. And we’ll also cover the history and features of this fascinating coin. So what does that mean for the 1978 silver dollar value? We’re going to look at that question. The last one was minted in 1978, marking a moment in US numismatic history. Its size, weight and luster set it apart from modern versions. There’s something wonderful about the classic silver dollar.
