Last updated on September 6th, 2022 at 12:22 am
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The 1776-1976 Silver Dollar was created as a special celebration coin in honor of the bicentennial. 1976 was 200 years after the signing of the Declaration of Independence that gave us our freedom.
This coin was created to commemorate and celebrate the 200th anniversary of signing the Declaration of Independence.
The front of the coin was still the same donning a picture of Eisenhower, but the back had a design featuring the Liberty Bell and the moon. Many of these silver dollars that were created were proof coins.
Proof coins are the first set of coins that are created from a new die. They are also struck twice which makes them very shiny and almost mirror-like coins.
While the silver dollar is typically made of silver, there were a few made that are actually copper-nickel clad instead. Several different types of 1776-1976 Silver Dollar coins were created. Each one is valued at a different price.
- 1776-1976 Silver Uncirculated
- 1776-1976 Silver Proof Coin
- 1776-1976 Copper-Nickel Clad unminted
- 1776-1976 D Copper-Nickel Clad proof
- 1776-1976 D Copper-Nickel Clad
- 1776-1976 S Copper-Nickel Clad proof
- 1775-1976 S Copper-Nickel Clad
The coins with the S mintmark were sold as a three-piece set and were uncirculated. One of the coins has sold for $4,500. The S-proof coins can run from around $12-$15. The D minted coins are worth their face value while the D proof coins can be worth around $3.
The silver-made silver dollars are worth face value if they’re circulated or worth whatever the current price of silver is.
What Are Some Of The Most Valuable Coins?
Every time you rummage through your coins, you don’t necessarily think that your penny could be worth more than one cent. There are a few coins in circulation that have tiny mistakes or details that can end up making your coins much more valuable than face value.
If you know some of the coins that have value, you’ll know what to keep an eye out for. So what are some of the most valuable coins to keep an eye out for?
- 1972 doubled die obverse Lincoln Memorial cent – There were around 20,000 of these coins created. The word Liberty and 1972 are doubled. One of the coins started around a dollar in the auction and was sold for $325.
- 2004 D Wisconsin quarter, extra-low leaf variety – The Wisconsin quarter has a picture of a cow, cheese, and an ear of corn. The Wisconsin quarters that hold value have an extra leaf, one on both sides of the corn. The Wisconsin quarter and the image of corn should just have one leaf on the side. If you see any that have two, you’re in luck. One of these quarters ended up selling for $152.
- Sacagawea Cheerios Dollar – In early 2000, you might have been lucky enough to find this coin in your cereal box. 5,500 boxes of Cheerios contained the surprise of a Sacajawea coin. Some of the coins in the cereal boxes were a little different from the regular Sacajawea coin. These Sacajawea coins have enhanced eagle tail feathers on the back of the coin. These coins sell for anywhere between $5,000-$25,000.
- 1955 doubled die Lincoln penny – These pennies have a double imprint on the words Liberty and In God We Trust. Thousands were released to the public before it was noticed. One sold for $1,850 online.
- 1927 D St-Gaudens double eagle – This coin was designed in 1905 and named after its designer, St-Gaudens. This piece is a $20 coin and is typically not found in circulation. One of the reasons you might not be able to find one is that these coins were all melted during the coin recall in 1933. These coins are worth anywhere from 1-3 million dollars.
- 1984 S Barber dime – Only 24 of these coins were created and now there are even fewer in circulation. These dimes were designed by Charles Barbara and have Lady Liberty on the face of the coin. At the auction, these coins have sold for 1.3 and 2 million dollars.
- 1942 S Lincoln wheat penny – During WWII, Americans were trying to conserve copper for ammunition. The US Mint decided that instead of copper for pennies, they would use zinc-coated steel. There ended up being some bronze planchets that were leftover for coin making and ended up getting mixed in with the batch of pennies. One of these coins has sold for 1 million in the auction.
How Do You Know If Your Coins Are Valuable?
Have you ever dumped out your change jar and started counting how much money you have in change? What if you had more money than just the coin’s face value in your hands? Is there a way to know whether your change is worth more than just a few cents?
Look at the coin as a whole
Before you start looking for minute details to see whether your coin is valuable or not, check the coin as a whole. Look at the pictures that are on the front and back, do they look normal? Check the rim of the coin. Does the coin look or feel funny around the edges? You should also check the weight of the coin. Different metals have been used throughout the years, if a quarter feels lighter than normal, it could be worth more than 25 cents.
Check the words and lettering on the coins
Be sure to check all words to ensure that they are spelled correctly. Not only make sure they aren’t missing any letters, but also check to see how it was printed. Some coins were doubled up on the wording when printed. If you feel that the word looks a little blurry or thick, it could be a doubled die coin.
Check the mintmark
The mintmark is one of the easiest ways to spot a rare coin; however, it is also one of the common mistakes made in counterfeit coins. Always check to see if the mintmark is there and one of the letters P, D, S, or W. You can also check to see if the letter is doubled die as well.
Check the die rotation
When you flip a coin from front to back, the pictures should line up. If you noticed that the picture is rotated or even off-centered a little bit, you might have a valuable coin. The more obvious the mistake, the more valuable it is.
If you are ever unsure or think you have found a valuable coin, take it to your local coin dealer or shop and see just how valuable it is.