Coin collectors might also focus on more recent examples, which can be extremely valuable. The 1974-D Eisenhower Dollar Coin PCGS MS-67+ is an obvious example.
Professional Coin Grading Service Heritage Auctions sold a 1974-D Eisenhower Dollar graded MS65 for $14,100. The sale took place ten years ago, therefore this dollar could be worth a lot more now. Inflation and the cost of life have steadily increased.
Did this 1974-D Eisenhower Dollar Coin have a large mintage?
It actually had a very huge mintage. That is why its value has risen so dramatically. Actually, the mintage was 45,517,000.
This piece was minted in the Denver U.S. Mint. It weighs just 22.70 grams. The diameter is approximately 38.50 millimeters, and the edge is reeded like many other dollars.
You may be wondering who the designers were, so here they are. Frank Gasparro, James Cooper, and Michael Collins. The Denver Mint used 75% copper and 25% nickel.
The 1974-D Eisenhower Dollar & coin features
To your knowledge, only the 1971-D dollars are more common in high grades among all circulation strike Eisenhower Dollars. According to PCGS, only a few dollars of MS67, the highest possible grade, are available.
So, if you hold the 1974-D Eisenhower Dollar MS67, you have a fantastic example in your possession. Apparently, there are roughly two dozen pieces in excellent shape.
GreatCollections also says that an example sold for $13,162.50 at the PCGS MS67+ rating. For your information, at the time of the auction, it had reached twice the value of the PCGS price guide, $6,500.
What factors contribute to the increased value of a coin graded MS-67+ compared to lower grades?
Quality of strike and eye appeal – An MS-67+ coin will have an incredibly sharp strike with crisp features. It will also have greater eye appeal, with an appealing shine and unique tone that distinguishes it from lower graded versions. The total visual impression is a key aspect in earning high marks.
Lack of imperfections – To be graded MS-67 or higher, a coin must be nearly perfect. It will have few contact marks, bag markings, or other imperfections, even at 5-8x magnification. Lower graded uncirculated coins, such as MS-60 to MS-64, allow for more obvious markings and defects.
Rarity – Only a few coins have been preserved at MS-67 or higher grades. For several series, an MS-65 is considered a rare condition. The scarcity of top-pop instances in MS-67+ drives up the value significantly when compared to the more widely available coins in MS-66 and lower.
Demand from registry set collectors – Many sophisticated collectors seek “registry sets” of coins in the highest grades available. Landing an MS-67+ example on a key date can provide you a competitive advantage and bragging rights. This strong rivalry at the top puts a premium on high-quality items.
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