In 1978, the United States Mint released a commemorative silver dollar with an eagle on the back to celebrate the Bicentennial of the United States. The coin was designed by Dennis R. Williams and is made of 90% silver and 10% copper. The coin is highly sought after by collectors and investors alike due to its unique design and rarity.
History
The Bicentennial silver dollar was authorized by Congress in 1973 and was minted from 1975 to 1976. The coin was designed to commemorate the 200th anniversary of the United States and features a design on the front of the coin of Independence Hall in Philadelphia. The reverse side of the coin has an eagle with wings spread, holding a ribbon with the words "E Pluribus Unum" which means "out of many, one".
Value
The value of a 1978 Silver Dollar with an Eagle on the back can vary depending on its condition and rarity. The current market value for an uncirculated coin is around $30, while a proof coin can fetch upwards of $50. However, if the coin is in excellent condition or has a rare error, the value can increase significantly.
Condition
The condition of the coin is the most important factor in determining its value. An uncirculated coin will have no visible wear or damage and will be in perfect condition. A circulated coin may have some wear, scratches or other damage that can affect its value. It is important to have the coin graded by a professional grading service to determine its condition and value.
Errors
Some 1978 Silver Dollars with Eagles on the back have errors that can increase their value significantly. For example, some coins may have a doubled die error, where the design appears to be doubled. Other errors can include missing letters or numbers, or a misalignment of the design. These errors are rare, but when found, can increase the value of the coin significantly.
Investment
The 1978 Silver Dollar with an Eagle on the back is a popular investment for collectors and investors. The coin is made of 90% silver, which gives it an intrinsic value based on the current price of silver. Additionally, the rarity and unique design of the coin make it a valuable addition to any collection or investment portfolio. However, it is important to do research and consult with a professional before making any investment decisions.
Certification
To ensure the authenticity and value of a 1978 Silver Dollar with an Eagle on the back, it is important to have it certified by a professional grading service. These services will evaluate the coin's condition, authenticity and rarity, and provide a grade and certification that can increase its value.
Caring for Your Coin
To maintain the value and condition of your 1978 Silver Dollar with an Eagle on the back, it is important to handle it carefully and store it properly. Avoid touching the surface of the coin with your fingers, as the oils on your skin can damage the coin. Store the coin in a protective case or holder, and keep it in a cool, dry place to prevent damage from moisture.
Conclusion
The 1978 Silver Dollar with an Eagle on the back is a valuable and rare coin that is highly sought after by collectors and investors. Its unique design and rarity make it a valuable addition to any collection or investment portfolio. However, it is important to do research and consult with a professional before making any investment decisions. By taking care of your coin and having it certified by a professional grading service, you can ensure its value and condition for years to come.
Related video of 1978 Silver Dollar With Eagle On Back Value