People who collect coins can also look at more recent coins, which can also be worth a lot of money. This is very clear in the 1974-D Eisenhower Dollar Coin PCGS MS-67+.
A service that grades coins professionally certified a 1974-D Eisenhower Dollar as MS65, and it sold at a Heritage Auctions event for $14,100. The auction happened 10 years ago, so this dollar might be worth a lot more now. The cost of living and inflation have kept going up.
Did this 1974-D Eisenhower Dollar Coin have a large mintage?
In fact, a lot of them were made. That’s why it’s so strange that its value has grown so much. The real number of coins made was 45,517,000.
The Denver U.S. Mint was in charge of this coin. It only weighs 22.70 grams. It has a diameter of about 38.50 mm and a ruffled edge like many other dollars.
If you want to know who the designers were, here they are. These people are Frank Gasparro, James Cooper, and Michael Collins. Most of the metal the Denver Mint used was copper (75%), with nickel (25%).
The 1974-D Eisenhower Dollar & coin features
Just so you know, the only Eisenhower Dollars that are more common in high grades are the 1971-D dollars. PCGS says that there are only a few dollars of this type available in MS67 grade, which is the best possible grade.
In other words, if you have the 1974-D Eisenhower Dollar MS67, you really have a great piece. It looks like there are about twenty pieces in this great shape.
According to GreatCollections, another one sold for $13,162.50 at the PCGS MS67+ level. Just so you know, at the auction, it sold for $6,500, which is twice the PCGS price guide value.
What factors contribute to the increased value of a coin graded MS-67+ compared to lower grades?
Quality of strike and appeal to the eye: An MS-67+ coin will have a strike that is very sharp and have clear details. It will also look better than lower-graded examples because it will have a nice shine and unique toning that make it stand out. Getting the best grades depends a lot on how good the whole thing looks.
Lack of flaws—A coin must be almost perfect to get a grade of MS-67 or higher. Even when viewed at 5-8x, it will have few contact marks, bag marks, or other flaws. Uncirculated coins with lower grades, like MS-60 to MS-64, have flaws and marks that are easier to see.
Rarity: Coins that are in grades of MS-67 or higher are very hard to find. In many series, even an MS-65 is a very rare condition. The value is much higher for top-pop examples in MS-67+ than for coins in MS-66 and below, which are easier to find.
Demand from people who collect “registry sets”—Many very experienced collectors look for “registry sets” of coins in the best grades. Getting an MS-67+ example of a key date can give you an edge over other people and give you something to brag about. There is a lot of competition at the top, which drives up the prices of high-end items.
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