Coin collectors frequently focus on rare and historic pieces, but current coins can still be quite valuable. The 1974-D Eisenhower Dollar is an excellent example of a common coin that has great value in high grades. Here’s a detailed look at this unique coin, including its attributes and why it’s become a collector’s favorite.

A Large Mintage With Rare High-Quality Examples

The 1974-D Eisenhower Dollar weighs 22.70 grams, has a diameter of 38.50 millimeters, with a reeded edge. It is mostly composed of copper (75%), with nickel making up the remaining 25%.

The coin was designed by Frank Gasparro, James Cooper, and Michael Collins to honor President Dwight D. Eisenhower and commemorate the Apollo 11 Moon Landing. The obverse contains Eisenhower’s face, while the reverse depicts an eagle landing on the moon, signifying America’s achievements in space exploration.

Auction Highlights: Value of MS67+ Specimens

The value of high-grade 1974-D Eisenhower Dollars has risen dramatically in recent years. Over a decade ago, Heritage Auctions sold a coin rated MS65 for $14,100.

GreatCollections recently reported the sale of a 1974-D Eisenhower Dollar graded PCGS MS67+ for an amazing $13,162.50. Notably, this price was approximately double the PCGS price guide value of $6,500 at the time, indicating a strong demand for high-quality examples.

Why Are High Grades So Rare?

While the Denver Mint manufactured millions of these coins, obtaining a high-quality specimen necessitates extraordinary circumstances.

Minting flaws, handling during manufacture, and circulation wear often prohibit coins from remaining in pristine condition. As a result, coins graded MS67+ are just a fraction of the original mintage, making them extremely valuable to collectors.

A Collector’s Opportunity

Collectors who are fortunate enough to hold a 1974-D Eisenhower Dollar in MS67 or MS67+ condition consider the coin a great treasure. Its mix of historical relevance, artistic design, and rarity in high grades distinguishes it from any collection. With auction values steadily rising, the modern dollar continues to establish its worth.

Whether you’re an expert numismatist or just starting in coin collecting, the 1974-D Eisenhower Dollar serves as a reminder that even relatively recent coins can be extremely valuable. Keep an eye out—you never know what hidden gems you’ll unearth!