Eisenhower Dollar Coin
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The Eisenhower dollar coin was a United States dollar coin minted from 1971 to 1978. The coin was named after Dwight D. Eisenhower, the 34th President of the United States, and was introduced to commemorate his death in 1969. The Eisenhower dollar coin was the first US dollar coin to be minted since the end of the Peace dollar series in 1935.
The obverse of the Eisenhower dollar coin features a portrait of President Eisenhower, while the reverse depicts an eagle landing on the moon. The coin was designed by Frank Gasparro, who also designed the reverse of the Kennedy half dollar. The Eisenhower dollar coin was made of a copper-nickel clad composition, with a diameter of 38.1mm, and a weight of 22.68 grams.
Despite its patriotic design and historical significance, the Eisenhower dollar coin did not gain much popularity during its initial release. Many Americans were accustomed to using paper currency and found the large size and weight of the coin to be cumbersome. Additionally, there were concerns about hoarding and speculation, as collectors and investors began to accumulate large quantities of the coins.
In 1978, the mint began to phase out the Eisenhower dollar coin in favor of the Susan B. Anthony dollar coin. However, due to the similarity in size and appearance between the two coins, the Susan B. Anthony dollar also struggled to gain widespread acceptance. Today, the Eisenhower dollar coin remains a popular collector's item, and its unique design and historical significance continue to fascinate coin enthusiasts and history buffs alike.
