The item in question refers to a United States dollar coin minted in 1979 at the Denver Mint. These coins, though commonly referred to as “silver dollars,” are not actually composed of silver. They consist of a copper-nickel clad composition. The “D” mintmark signifies its origin at the Denver Mint, differentiating it from those produced at the Philadelphia Mint (no mintmark) or the San Francisco Mint (S mintmark, typically for proof coins).
Its significance lies primarily in its collectibility and historical context. While the intrinsic value is minimal due to its metallic composition, factors such as condition, rarity of specific varieties, and historical demand influence its numismatic value. These dollars represent a specific period in US coinage history, marking the transition away from silver coinage to base metal alternatives. Furthermore, the production of these coins reflects economic and political decisions surrounding currency composition.
The following sections will explore the specific factors impacting the value of these coins, the different varieties that exist, and guidance on collecting and preserving this piece of American numismatic history.
1. Denver Mint Mark
The Denver Mint mark, denoted by the letter “D,” is a crucial feature in identifying and classifying specific examples of the 1979 dollar coin. Its presence indicates that the coin was struck at the Denver Mint facility, a detail that affects its potential value and place within the broader context of United States coinage.
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Production Volume Differentiation
The Denver Mint and the Philadelphia Mint were the primary producers of these dollars in 1979. The Denver Mint generally produced a significant quantity. Knowing that a coin originates from Denver, marked with the “D”, helps differentiate it from Philadelphia Mint coins (which have no mint mark). Differences in production volume between the mints can influence relative scarcity and, subsequently, collector value.
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Authenticity Verification
The presence of the “D” mintmark is a key indicator of authenticity. Its absence on a coin purported to be from the Denver Mint would immediately raise suspicion. The correct placement and design of the mintmark are critical authentication points examined by numismatists.
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Historical Significance
The Denver Mint has played a continuous role in United States coinage since its establishment in 1863. Its presence on the 1979 dollar coin connects the coin to a lineage of monetary production and a specific chapter in the nation’s economic history. Each coin with a D is a tangible representation of the Denver Mints contribution to the national currency.
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Mint Mark Placement and Varieties
While less common for this specific coin, variations in mint mark placement or design exist across different years and denominations. Identifying and understanding the standard placement of the “D” on the 1979 dollar coin helps identify potential errors or varieties, which can significantly impact numismatic value. Though standard, the specific location of the “D” is noted for consistency and potential deviations.
The Denver Mint mark is more than just a letter; it is an identifier that connects each 1979 dollar coin to a specific production facility, volume, and historical context. Recognizing the importance of this mark is essential for accurately identifying, authenticating, and valuing examples of the 1979 dollar.
2. Copper-nickel clad
The “1979 silver dollar d,” despite its informal name, is not composed of silver. Its metallic composition is copper-nickel clad, a significant characteristic that defines its intrinsic value and differentiates it from earlier silver dollars. Understanding this cladding is crucial for accurately assessing the coin’s properties and numismatic context.
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Compositional Layers
The copper-nickel clad structure consists of a core of pure copper, sandwiched between outer layers of a copper-nickel alloy (typically 75% copper and 25% nickel). This multi-layered design serves to reduce the cost of production compared to using precious metals while maintaining desired aesthetic and handling characteristics. The 1979 dollar coin relies on this layered approach for its construction.
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Intrinsic vs. Numismatic Value
The copper-nickel clad composition imparts minimal intrinsic metal value to the coin. The price of copper and nickel are relatively low, meaning the melt value is significantly less than the coin’s face value. The primary value of the “1979 silver dollar d” derives from its numismatic properties: rarity, condition, historical significance, and collector demand. The cladding underscores the importance of these non-metal-based valuation factors.
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Visual Characteristics
The clad composition influences the coin’s appearance, specifically its color and luster. The copper-nickel alloy gives the coin a silvery appearance when new, though this can tarnish over time. Proper storage and handling are essential to preserve the coin’s original luster, as corrosion can affect the outer layers of the clad and detract from its visual appeal. This is essential for collectors.
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Wear and Corrosion Resistance
The copper-nickel alloy provides a degree of resistance to wear and corrosion, extending the coin’s lifespan in circulation. While not immune to environmental damage, the cladding helps protect the underlying copper core from exposure and subsequent degradation. The resistance helps improve the collectibility overall.
The copper-nickel clad composition is a fundamental aspect of the “1979 silver dollar d,” influencing its value, appearance, and durability. Recognizing the implications of this composition is essential for collectors and anyone interested in understanding the coin’s place within the history of United States coinage. These aspects create a comprehensive picture of the coin and its values.
3. Circulation strike type
The “1979 silver dollar d” was primarily produced as a circulation strike type, meaning it was intended for general use in commerce. This designation has significant implications for its production methods, quality standards, and ultimately, its value and collectibility. These coins were mass-produced using high-speed presses, resulting in a finish and level of detail distinct from proof coins, which undergo a more meticulous striking process. The fact that the “1979 silver dollar d” coins were of circulation strike type is fundamental to understanding their typical appearance and wear patterns.
The circulation strike type contributes to the coin’s value profile in several ways. Because they were made for everyday use, most examples exhibit signs of wear, ranging from minor abrasions to significant loss of detail. Mint State (uncirculated) examples of circulation strike “1979 silver dollar d” coins are therefore more valuable because they represent a smaller proportion of the total mintage. Furthermore, the circulation strike type dictates the standards used for grading these coins; graders evaluate factors like luster, strike sharpness, and the presence of contact marks, all within the context of mass-produced coinage. This differs from the grading criteria applied to proof coins. A notable example is the effort in protecting this coin from the elements during circulation, this is important.
In summary, the “1979 silver dollar d” being a circulation strike type significantly shapes its production characteristics, physical condition, and ultimately, its desirability among collectors. Understanding the circulation strike type provides a necessary framework for accurately assessing the value, authenticity, and historical context of this coin. Failure to recognize this distinction could lead to misinterpretations of a coin’s condition and potential value. Circulation strike determines its history and value.
4. Eisenhower dollar series
The “1979 silver dollar d” is a part of the Eisenhower dollar series, a collection of dollar coins issued by the United States Mint from 1971 to 1978 and again in 1979. Its design commemorates President Dwight D. Eisenhower and features an eagle landing on the moon, a tribute to the Apollo 11 mission.
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Commemorative Purpose
The Eisenhower dollar was conceived to honor the late President Eisenhower shortly after his death in 1969. As such, all coins in the series feature his portrait on the obverse (front) side. The “1979 silver dollar d” continues this commemorative theme, contributing to the overall legacy of the Eisenhower dollar as a tribute to a significant figure in American history. It also reminds of the Apollo 11 mission.
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Coinage Transition
The Eisenhower dollar marked a transition in U.S. coinage, particularly the shift away from silver-based dollar coins. The earlier versions contained 40% silver, but most were struck in copper-nickel clad, like the “1979 silver dollar d.” This change reflected broader economic pressures and the rising cost of silver. The 1979 example serves as a later representation of this shift to base metal coinage.
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Design Continuity
Despite changes in metal composition, the design remained consistent throughout most of the Eisenhower dollar series. The obverse features Eisenhower’s profile, and the reverse typically depicts an eagle landing on the moon. This design continuity means the “1979 silver dollar d” shares a recognizable aesthetic with other coins in the series, linking it visually to the broader historical narrative of the Eisenhower presidency and the space race. The visual element unites these coinage.
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End of an Era
The year 1978 was originally intended to be the end of the Eisenhower Dollar series. The “1979 silver dollar d” marks a limited re-issuance of the design before it was replaced by the Susan B. Anthony dollar. This makes the “1979 silver dollar d” a bookend of sorts, marking both a continuation of the Eisenhower dollar theme and a final chapter in that design’s production, increasing collectibility.
Understanding the Eisenhower dollar series provides essential context for appreciating the “1979 silver dollar d.” It situates the coin within a specific historical moment, highlights its design significance, and clarifies its role in the evolution of U.S. coinage. Its existence represents an era coming to a close.
5. Absence of Silver
The absence of silver in the “1979 silver dollar d” is a defining characteristic influencing its intrinsic value, historical context, and numismatic perception. This departure from earlier silver dollar coinage reflects broader economic shifts in the late 20th century. This absence is significant.
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Compositional Shift
The transition from silver-based to copper-nickel clad coinage stemmed from rising silver prices. Maintaining the traditional silver content would have made the face value of the coin less than its metallic value, incentivizing melting. The “1979 silver dollar d” thus embodies this practical shift to a more cost-effective base metal composition. This composition reduced costs.
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Intrinsic Value Impact
The absence of silver directly affects the coin’s intrinsic value. Silver dollars of earlier eras possess a melt value tied to the fluctuating price of silver. The “1979 silver dollar d,” composed of copper and nickel, has a significantly lower intrinsic value, making its worth primarily dependent on its numismatic qualities, such as condition, rarity, and historical demand. Demand depends on other factors.
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Collector Perspective
Collectors recognize the distinction between silver and non-silver dollars. While some prioritize the precious metal content, others focus on the coin’s historical significance and design. The absence of silver can make the “1979 silver dollar d” less attractive to those seeking precious metal investments but equally appealing to collectors interested in completing a series or studying coinage transitions. Others might not care.
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Historical Marker
The “1979 silver dollar d” stands as a tangible reminder of the economic pressures that led to the abandonment of silver in circulating U.S. coinage. Its composition reflects a pragmatic response to changing economic realities, making it a significant artifact in understanding the evolution of American currency. Economic realities are important.
In conclusion, the absence of silver in the “1979 silver dollar d” is not merely a compositional detail but a defining feature that shapes its economic value, collector appeal, and historical significance within the broader context of U.S. coinage. This absence dictates how these coins are viewed.
6. Face value is one dollar
The designation of “Face value is one dollar” directly connects to the 1979 D-minted Eisenhower dollar, establishing its intended function as a standard unit of currency within the United States monetary system at the time of its production. This face value is intrinsic to its original purpose and influences various aspects of its contemporary valuation and historical context.
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Legal Tender Status
The “1979 silver dollar d,” with its one-dollar face value, possessed legal tender status. This meant it was legally recognized and accepted as a means of payment for debts, both public and private, within the United States. Retailers, banks, and other entities were obligated to accept it at its stated value, facilitating commerce and everyday transactions. This role as legal tender defined its initial economic function.
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Economic Utility
The one-dollar face value determined its purchasing power within the economy of 1979. It could be exchanged for goods and services equivalent to one dollar’s worth at the time. While inflation has since diminished the real value of one dollar, understanding its original economic utility provides insight into its role in the daily lives of Americans during that era. The face value determined its practical use.
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Base for Valuation
The one-dollar face value serves as a baseline for assessing its current market value among collectors. Though its numismatic value may far exceed one dollar due to factors like condition, rarity, and historical interest, the face value represents its minimum worth as a piece of United States currency. This distinction between face value and collector value is crucial in understanding the coin’s overall economic significance. A low value drives interest.
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Democratization of Ownership
As a one-dollar coin intended for circulation, the “1979 silver dollar d” was readily accessible to the general public. Its low face value allowed widespread ownership and use in everyday transactions, making it a democratic form of currency. This accessibility contributed to its historical significance, reflecting the economic landscape of the time and the distribution of wealth among the population. Wide access aided historic significance.
In summary, the “Face value is one dollar” is a fundamental attribute of the “1979 silver dollar d,” influencing its legal status, economic utility, market valuation, and accessibility. Understanding this intrinsic face value is essential for comprehending its role in the U.S. monetary system and its place within the broader context of American history and numismatics. Face value shapes value and historical place.
7. Mass production numbers
The number of coins produced significantly influences their value. The 1979-D Eisenhower dollar exemplifies this principle. Large mintages were typical for this coin, directly impacting its scarcity and, consequently, its numismatic value.
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Minting Figures and Rarity
The Denver Mint produced a substantial quantity of Eisenhower dollars in 1979. High production reduces the rarity of individual coins. This contrasts with lower mintage coins, where scarcity drives up collector demand and market prices. The specific minting figures are critical to understanding the baseline value for the “1979 silver dollar d.”
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Impact on Condition Distribution
Mass production affects the distribution of coins across different conditions. While a large mintage means more coins exist, Mint State (MS) examples become proportionally scarcer. Coins in uncirculated condition are more susceptible to handling marks during the minting and distribution processes. Thus, finding a high-grade “1979 silver dollar d” is challenging relative to its total mintage. Collectors pursue high quality due to this distribution.
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Influence on Variety Scarcity
The scale of production impacts the detection and value of coin varieties. With a large mintage, the chances of a notable die variety appearing increase. Collectors actively seek out and pay premiums for recognized varieties. A mass-produced coin offers increased opportunities to discover varieties. However, the sheer volume makes detection difficult.
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Market Availability and Pricing
High mintage figures correlate with greater market availability. The “1979 silver dollar d” is readily found in the numismatic marketplace due to its mass production. The ease of acquisition contributes to its lower value compared to scarcer coins. However, the combination of condition and attractive eye appeal can still command respectable prices, despite high availability.
In conclusion, the large-scale production of the “1979 silver dollar d” significantly shapes its rarity, condition distribution, potential for varieties, and overall market availability. These factors influence its value and standing within the broader landscape of collectible coins. The mass production numbers are key to valuation.
8. Collectibility factors
Several elements influence the collectibility, and subsequently, the value, of the 1979-D Eisenhower dollar. These factors interact to create a complex valuation landscape. The “1979 silver dollar d” shares these factors. A primary driver is condition, assessed using the Sheldon Scale, which ranges from Poor (PO-1) to Perfect Uncirculated (MS-70). Coins in higher grades, exhibiting minimal wear and retaining original luster, command higher prices. For instance, a circulated “1979 silver dollar d” might be worth only slightly more than its face value, whereas an MS-65 example can fetch significantly more. This condition directly impacts the price.
Another significant aspect is the presence of errors or varieties. Though less common with the “1979 silver dollar d” than in some other coin series, any documented and recognized error such as a doubled die or off-center strike can dramatically increase its value. The scarcity of such errors is a key factor. Market demand also plays a pivotal role. Popularity of the Eisenhower dollar series among collectors can fluctuate, affecting the demand for specific dates and mint marks. External economic factors, such as precious metal prices (though the “1979 silver dollar d” is not silver), and broader economic trends can also indirectly influence numismatic values. The demand influences it too.
In summary, the collectibility of the “1979 silver dollar d” is a function of condition, rarity (including the presence of errors), and market demand. Collectors weigh these factors in determining their willingness to pay. Understanding these aspects is essential for anyone seeking to buy, sell, or assess the value of this coin. Without knowing these, valuation is impossible.
9. Numismatic market value
The numismatic market value of a “1979 silver dollar d” represents its worth to collectors, exceeding its face value due to factors unrelated to its function as currency. This value is influenced by a complex interplay of condition, rarity, demand, and external economic conditions. For the “1979 silver dollar d,” its mass production typically limits its individual value; however, pristine examples or those exhibiting rare minting errors can command significantly higher prices. Understanding the dynamics of the numismatic market is crucial for anyone seeking to buy, sell, or accurately appraise these coins. The market is essential for evaluating coins.
Several concrete examples illustrate this point. A circulated “1979 silver dollar d” might trade for little more than its face value, reflecting its readily available nature and worn condition. Conversely, a certified Mint State (MS-65 or higher) example can fetch prices ranging from $10 to $50 or more, depending on the specific grading service and current market trends. Rare instances of documented minting errors, such as doubled dies, could potentially sell for hundreds or even thousands of dollars, provided they are authenticated and graded by reputable numismatic organizations. This valuation changes constantly.
The practical significance of understanding the numismatic market value extends beyond simple buying and selling. Accurate appraisals are essential for insurance purposes, estate planning, and determining the true worth of a collection. Challenges exist in this process, as market values can fluctuate rapidly and subjective factors, such as eye appeal, can influence buyer preferences. Linking to the broader theme of coin collecting, the “1979 silver dollar d” serves as an accessible entry point, allowing individuals to learn about numismatics, grading standards, and the dynamic forces that shape the value of collectible coins. The market value dictates all aspects.
Frequently Asked Questions About The 1979 Silver Dollar D
The following questions address common inquiries and clarify essential details regarding the 1979-D Eisenhower dollar, often referred to colloquially as the “1979 silver dollar d.” These answers aim to provide accurate information for collectors and those interested in numismatics.
Question 1: Is the “1979 silver dollar d” actually made of silver?
No. Despite the common misnomer, the “1979 silver dollar d” is composed of a copper-nickel clad alloy, not silver. Earlier Eisenhower dollars had a 40% silver composition, but those are distinct from the 1979-D examples intended for general circulation.
Question 2: What does the “D” mintmark signify on the “1979 silver dollar d?”
The “D” indicates that the coin was struck at the Denver Mint. This differentiates it from Eisenhower dollars produced at the Philadelphia Mint (which have no mintmark) or the San Francisco Mint (which usually produced proof coins with an “S” mintmark).
Question 3: What is the approximate value of a “1979 silver dollar d” in circulated condition?
In circulated condition, the “1979 silver dollar d” typically has a value only slightly above its face value of one dollar. The exact price depends on the degree of wear and overall market demand.
Question 4: What factors determine the value of an uncirculated “1979 silver dollar d?”
The value of an uncirculated “1979 silver dollar d” is primarily determined by its grade (as assessed by reputable grading services), the presence of any minting errors or varieties, and the prevailing market demand for Eisenhower dollars.
Question 5: Are there any known rare varieties of the “1979 silver dollar d?”
While not exceptionally common, some varieties of the “1979 silver dollar d” exist, such as those with minor doubled die errors. The presence of a confirmed and graded variety can significantly increase the coin’s value.
Question 6: How should a “1979 silver dollar d” be stored to preserve its condition?
To preserve its condition, the “1979 silver dollar d” should be stored in a protective holder made of inert materials, such as Mylar or archival-quality plastic. Avoid handling the coin directly to prevent the transfer of oils and contaminants.
In summary, the “1979 silver dollar d” is a common coin whose value is largely dependent on condition and the presence of rare varieties. Proper storage and handling are crucial for maintaining its numismatic appeal.
The following section will address resources for further research and exploration of the “1979 silver dollar d” and other coins in the Eisenhower dollar series.
Tips for Collectors of the 1979 Silver Dollar D
This section provides valuable advice for collectors interested in the 1979-D Eisenhower dollar, known informally as the “1979 silver dollar d.” These tips will aid in identifying, preserving, and valuing these coins.
Tip 1: Prioritize Condition Assessment: Accurately assess the coin’s condition using established grading standards. Minor imperfections can significantly impact value. Consult reputable grading guides for detailed descriptions of each grade level.
Tip 2: Seek Certified Examples: Consider purchasing coins graded by reputable third-party grading services such as PCGS or NGC. Certification provides an independent assessment of condition and authenticity, reducing the risk of overpaying or acquiring counterfeit examples.
Tip 3: Understand Minting Varieties: Research known varieties of the 1979-D Eisenhower dollar, such as doubled dies. Identifying and authenticating these varieties can substantially increase a coin’s value and collectibility. Consult specialized numismatic resources for detailed information.
Tip 4: Properly Store Coins: Employ archival-quality holders to protect coins from environmental damage, such as humidity, oxidation, and physical abrasion. Avoid handling coins directly, as oils from skin can degrade their surfaces.
Tip 5: Research Market Trends: Monitor auction results and dealer prices to understand current market trends for Eisenhower dollars. Market conditions can fluctuate, affecting the potential buying or selling price. Utilize numismatic publications and online resources to stay informed.
Tip 6: Authenticate Potential Purchases: Before purchasing a valuable “1979 silver dollar d,” particularly examples claimed to possess rare varieties, seek authentication from a reputable numismatist or grading service. This reduces the risk of acquiring counterfeit or misrepresented coins.
Following these tips will enhance the collector’s experience, improve the accuracy of valuations, and protect the investment in 1979-D Eisenhower dollars.
The concluding section will summarize the essential characteristics and considerations for collecting the “1979 silver dollar d.”
Concluding Remarks on the 1979 Silver Dollar D
The preceding analysis has delineated the key characteristics of the “1979 silver dollar d,” emphasizing its copper-nickel clad composition, its status as a circulation strike, its connection to the Eisenhower dollar series, and the factors governing its numismatic market value. Though not composed of silver, this coin represents a significant period in United States coinage, reflecting the economic realities of its time.
The information presented underscores the importance of informed collecting practices and diligent research. Prospective collectors and numismatists are encouraged to apply the principles outlined in this article to cultivate a deeper understanding of the “1979 silver dollar d” and its place within the broader landscape of American numismatic history. The pursuit of knowledge in this field is a worthy endeavor, enriching one’s appreciation of both history and economics.
