A 1971-S Silver Dollar in MS68 sold for $6,900 at Heritage Auctions in 2012 — while most circulated clad Eisenhower dollars still trade near face value. The spread between common and rare is enormous, and the key is knowing which variety you're holding. Only S-mint coins contain 40% silver, and a handful of die errors — like the famous Peg Leg (FS-401) — can multiply value tenfold or more.
The table below summarizes collector values across all four 1971 Eisenhower dollar types and key conditions. For a more in-depth 1971 Eisenhower dollar complete step-by-step 1971 silver dollar identification walkthrough, covering die diagnostics and photographic comparisons, that external resource is a useful companion to this chart. Rows highlighted in gold indicate the signature Peg Leg variety; the RPM row is highlighted for its top-end rarity.
| Type / Variety | Worn / Circ. | Uncirculated (MS60–63) | Gem (MS65) | Top Grade |
|---|---|---|---|---|
| 1971 (P) Clad | $1 – $3 | $5 – $12 | $125 – $700 | ~$12,500 (MS68) |
| 1971-D Clad | $1 – $3 | $4 – $12 | $35 – $75 | ~$10,200 (MS67+) |
| 1971-S Silver Unc. (Blue Ike) | — | $10 – $18 | $25 – $55 | $6,900 (MS68) |
| 1971-S Silver Proof | — | $10 – $14 | $16 – $30 | $18,000 (PR68DCAM) |
| 1971-S Peg Leg FS-401 ⭐ | $20 – $50 | $50 – $110 | $110 – $360 | ~$6,750 (MS68) |
| 1971-S/S RPM FS-501 🔥 | $25 – $75 | $60 – $200 | $500 – $2,000 | $8,812+ (MS67) |
📱 CoinHix lets you scan your 1971 Ike dollar and instantly pull comparable sale prices on the go — a coin identifier and value app.
⭐ Signature variety — confirmed by PCGS FS-401 | 🔥 Rarest variety — top auction sale $8,812 (Heritage). Values based on PCGS/NGC price guides and Heritage auction data · 2026 edition.
Jump to any section:
The 1971 Eisenhower dollar series produced several notable die varieties and mint errors. Because the silver S-mint issues were handled as collector coins — not circulated — even minor die states are well-documented and tracked by PCGS and NGC population reports. The five varieties below appear in descending order of collector demand. Each has its own diagnostic fingerprints; use a quality 10× loupe for the best results.
The Peg Leg variety is the most widely recognized die variety in the entire Eisenhower dollar series. It originated at the San Francisco Mint when workers over-polished the obverse die to remove surface defects, inadvertently grinding away both serifs from the letter R in LIBERTY. The result is a characteristic blunt, square-bottomed R that looks like a wooden peg leg rather than the normal tapered serif form.
Under a 10× loupe, the standard R shows two small horizontal extensions — serifs — at the base of its vertical stroke. The Peg Leg R has none; the bottom is perfectly flat and blunt. NGC requires both upper and lower serifs to be absent for the full FS-401 designation, and PCGS tracks it as a distinct variety under PCGS #7408. Partial peg-leg examples (one serif removed) exist but do not qualify.
Despite its notoriety, the Peg Leg is not exceedingly scarce in lower grades — enough examples exist that prices in circulated condition start around $20–$50. The premium accelerates sharply at gem mint-state levels, where careful die-state analysis and population reports determine fair market value. Collectors prize MS66 and above examples because die polish marks become increasingly visible at those grades, adding a secondary layer of difficulty.
The Repunched Mint Mark (RPM) error on the 1971-S silver dollar is the most valuable regular variety in the series. It occurred during die preparation when the mint mark punch was applied to the working die in a slightly different position on a second impression, leaving a visible secondary S beneath and slightly left of the primary S. The PCGS catalogues this as FS-501 and it remains among the most coveted Eisenhower dollar varieties.
Under magnification, the secondary S is clearly visible as a ghost impression beneath the main mint mark. The lower curve of the secondary S is most prominent. Because these dies were used for the 40% silver uncirculated strikes — produced with greater care than clad circulation issues — the variety is well-documented across a wide grade range. The repunching is not visible to the naked eye and requires at minimum a 5× loupe, preferably 10×.
The premium for this variety accelerates dramatically in higher mint-state grades. A PCGS MS67-graded example realized $8,812 at Heritage Auctions — a significant multiple over the value of a standard 1971-S silver dollar in the same grade. Even MS63 examples command two to three times the baseline price. The RPM variety is confirmed by the Greysheet Catalog (GSID) with CPG values between $13.50 and $8,750 across all grade ranges.
Doubled Die Obverse errors on the 1971-S silver dollar result from a hub-doubling event during die creation. When the working die receives multiple impressions from the hub at slightly different rotational positions, the design elements are duplicated in a shifted or spread pattern. On the 1971-S, the most commonly noted doubling appears in the motto IN GOD WE TRUST, particularly the letters "WE" and portions of "IN GOD," as well as along the hairlines of Eisenhower's portrait.
At least one Type 1 variety has been documented with measurable separation of doubled elements, confirmed by PCGS attribution under FS-106. The doubling is most prominent on proof strikes because the high-polish dies and strong proof pressures sharpen the doubled impressions. Circulated business-strike examples also exist, though the separation is somewhat less dramatic. Collectors use a loupe to check the motto lettering for shadowing or shifted outlines.
The value of doubled die examples depends heavily on the degree of visible separation and the coin's grade. A PR67 deep-cameo proof example with DDO sold at auction for nearly $1,400. Business-strike doubles in uncirculated condition typically bring $30–$100 over base value, depending on grade and the sharpness of the doubling. Coins attributed and slabbed by PCGS or NGC for FS-106 command a significant premium over unattributed raw examples.
The 1971-S Proof double obverse strike is one of the most visually dramatic errors in the Eisenhower dollar series. It occurs when a planchet is struck a second time by the obverse die after moving slightly within the collar. The result is a coin bearing two complete or partial impressions of the obverse design, offset from each other, creating a ghosted duplicate of Eisenhower's portrait and the surrounding inscriptions.
On the most studied example of this error, collectors can see a second outline of Eisenhower's head emerging from behind his bust near the neck truncation, along with duplicated elements of the motto "IN GOD WE TRUST." The "WE" portion is particularly prominent in its doubled form. ANACS graded the most famous documented example as PR63, confirming it as a proof strike — extraordinary because proof planchets are individually fed and handled, making this type of mechanical error especially unexpected and rare.
The collector premium for dramatic die errors on proof coins is substantial. The ANACS PR63 example would have been worth approximately $12 as a normal proof but realized nearly $4,000 at auction with the error — a premium of over 300 times. Because proof production involves close quality control, any error that escaped the mint's screening process represents a significant rarity. Only a tiny number of examples are publicly documented for this specific error type on 1971-S silver proof coinage.
The 1971-D struck-on-wrong-planchet error is among the most spectacular mechanical errors in the Ike dollar series. It occurs when a clad half dollar planchet — intended for a Kennedy half dollar — was accidentally fed into the Eisenhower dollar press at the Denver Mint. Because the half dollar planchet is smaller in diameter (30.6mm vs 38.1mm for the Ike), the full Eisenhower dollar design cannot be contained, and the coin's outer design elements are truncated by the collar and edge.
The result is a coin that shows a complete, correctly struck Eisenhower dollar design in the central portions, but with the peripheral design elements — portions of the motto, the date, and the stars — cut off or missing entirely because the smaller planchet could not accommodate them. The coin also weighs significantly less than a standard Ike: the half dollar planchet weighs approximately 11.34 grams versus 22.68 grams for a normal clad Ike dollar, making the weight discrepancy immediately apparent on a precision scale.
An MS64-graded example of the 1971-D half-dollar planchet error sold for $2,160 at Heritage Auctions — a dramatic multiple over the value of a regular 1971-D dollar in the same grade. These wrong-planchet errors have been verified by PCGS and NGC and represent genuine mint errors with documented auction histories. Their dramatic visual impact — the truncated design is obvious even without magnification — makes them particularly appealing to error coin collectors and general numismatists alike.
Found one of these errors on your 1971 Eisenhower dollar?
Four distinct 1971 Eisenhower dollar types were issued: two clad circulation strikes (Philadelphia and Denver) and two 40% silver collector coins from San Francisco (uncirculated and proof). Only S-mint coins contain any silver. Mintage data sourced from US Mint records and confirmed by PCGS and multiple numismatic references.
| Mint / Type | Mint Mark | Composition | Mintage | Silver Content |
|---|---|---|---|---|
| Philadelphia (Clad) | None (P) | 75% Cu / 25% Ni over Cu core | 47,799,000 | None |
| Denver (Clad) | D | 75% Cu / 25% Ni over Cu core | 68,587,424 | None |
| San Francisco (Silver Unc.) | S | 80% Ag / 20% Cu outer; 79% Cu / 21% Ag core | 6,868,530 | 0.3161 troy oz |
| San Francisco (Silver Proof) | S | 80% Ag / 20% Cu outer; 79% Cu / 21% Ag core | 4,265,234 | 0.3161 troy oz |
| Total All Types | 127,520,188 | |||
Grading 1971 Ike dollars requires attention to two distinct sets of features: luster (overall reflectivity of the coin's surface) and strike (sharpness of design elements). The 1971-P and 1971-D clad issues are notorious for weak strikes in the eagle's central breast feathers — this is a die issue, not wear, and does not reduce grade. Always examine under good incandescent or LED lighting at multiple angles.
Eisenhower's cheekbone and hair above the ear are flat and smooth. The eagle's breast feathers are blurred or absent. Rim may show dings. These coins are worth face value to $3 regardless of mint.
Most details sharp; slight friction on Eisenhower's cheekbone and the eagle's wing tips. Luster is still visible in the protected fields. AU examples may show 95%+ luster. Clad coins worth $1–$5; S-mint silver worth melt or just above.
No wear, but contact marks from bag storage are common and numerous. Luster is complete. The 1971-P is frequently found with poor luster and weak strike even at MS63. Silver Blue Ikes in this range bring $10–$18.
Minimal marks, strong luster, and sharp strike. MS65 examples of the 1971-S silver command $25–$55. MS67 clad Ikes are condition rarities worth $700–$12,500. MS68 silver examples are extreme rarities. Consider PCGS/NGC grading at MS66+.
🔍 CoinHix can photograph your 1971 Ike and compare it against graded examples in its database to help you match a grade tier before submission — a coin identifier and value app.
The Peg Leg is the most famous variety in the Ike dollar series. Use this checker to determine whether the R in LIBERTY on your 1971-S silver dollar matches the FS-401 diagnostic. You'll need a 10× loupe or strong magnifying glass.
The calculator below factors in your mint mark, condition, and variety — so you get a real estimate, not a guess.
Calculate My 1971 Dollar →Select your mint mark, condition, and any known errors to get an estimated value range based on current market data.
If you're not yet sure which mint mark or grade applies to your coin, there's a 1971 Eisenhower Dollar Coin Value Checker free tool that walks through photo-based identification to help you determine those details first.
Not sure of the grade or variety? Describe what you see in the text box below and our keyword analyzer will provide a tailored assessment.
The best selling venue depends on your coin's grade and variety. High-end pieces and error coins perform best at major auction houses; common circulated coins sell quickly on peer-to-peer marketplaces.
The top venue for high-grade or key-variety Ike dollars. Heritage has set multiple auction records for 1971-S silver dollars including the $6,900 MS68 sale. Best for coins worth $500 or more. Submit at least 6–8 weeks before a major sale and consider PCGS/NGC certification first.
eBay reaches the largest pool of active coin buyers and works well for common circulated examples, raw uncirculated Blue Ikes, and mid-grade slabbed coins. Check recently sold prices for 1971 Eisenhower dollar listings on eBay before setting your ask — completed listings reflect real current demand better than asking prices.
Convenient for quick sales of circulated clad Ikes. Dealers typically pay 50–70% of retail for common pieces. Bring your coin in a non-abrasive flip. Mention any error attribution upfront — a good dealer will acknowledge variety premiums. Get quotes from at least two shops for any coin worth over $50.
The r/Coins4Sale and r/CoinSales subreddits have active collector communities willing to pay near full retail for choice pieces. Effective for mid-range Blue Ikes and well-attributed errors. Post clear, sharp photos of both sides plus a close-up of any variety feature. Transactions are at your own risk; use verified buyers with trade history.
The free calculator above handles all mint marks, conditions, and variety premiums in seconds.
Calculate My Coin's Value — It's Free →