Posted by A remarkable discovery has recently stirred excitement among numismatists: a rare 1972 Doubled Die Eisenhower Dollar was found in a donation bin at a thrift store in Ohio.
This unexpected find has captivated coin collectors and enthusiasts, highlighting the hidden treasures that can reside in everyday places.
Understanding the Eisenhower Dollar
The Eisenhower Dollar, minted from 1971 to 1978, was the first U.S. dollar coin issued since the Peace Dollar series ended in 1935.
Named after President Dwight D. Eisenhower, the coin features his portrait on the obverse and an eagle landing on the Moon on the reverse, commemorating the Apollo 11 mission.
While the coin was not widely circulated due to its large size and weight, it remains a significant piece in U.S. numismatic history.
The 1972 Doubled Die Variety
Among Eisenhower Dollars, the 1972 Doubled Die Obverse (DDO) is particularly notable. This variety exhibits a doubling of design elements on the obverse, most prominently visible in the inscriptions and date.
Such errors occur during the minting process when the coin die receives multiple misaligned impressions.
The 1972 DDO is a sought-after variety among collectors due to its rarity and distinct appearance.
The Discovery in the Donation Bin
The coin in question was discovered by a volunteer sorting through donations at a local thrift store in Ohio.
Recognizing its unusual features, the volunteer consulted with a numismatist, who confirmed it as a 1972 Doubled Die Eisenhower Dollar.
The coin’s condition was assessed as Mint State 64 (MS64), indicating it is in uncirculated condition with only minor imperfections.
Market Value and Auction Results
The value of a 1972 Doubled Die Eisenhower Dollar varies based on its condition and rarity. Coins in lower grades may fetch modest sums, but those in higher grades can command significant premiums.
For instance, a 1972-S Doubled Die Obverse Silver Proof graded PR68 sold for $45 in a 2021 auction. However, prices can escalate for coins with exceptional features or higher grades.
Comparative Table of 1972 Eisenhower Dollar Varieties
| Variety | Mint Mark | Notable Features | Estimated Value Range |
|---|---|---|---|
| 1972 Doubled Die Obverse (DDO) | None | Doubling on obverse inscriptions and date | $50 – $150 |
| 1972-S Doubled Die Obverse Silver Proof | S | Doubling on obverse, silver composition | $45 – $150 |
| 1972-D Doubled Die Obverse and Reverse | D | Doubling on both obverse and reverse elements | $25 – $100 |
| 1972 Type 2 Reverse | None | Scarce reverse design variant | $80 – $100 |
Significance of the Find
The discovery of this rare coin in a donation bin underscores the importance of vigilance and knowledge in numismatics.
It serves as a reminder that valuable collectibles can be hidden in plain sight, awaiting discovery by those with a keen eye.
Such finds not only enrich the collector’s community but also highlight the historical and cultural significance embedded in everyday objects.
The unearthing of a rare 1972 Doubled Die Eisenhower Dollar in a donation bin is a testament to the hidden treasures that can exist in everyday places.
This discovery not only excites the numismatic community but also serves as an inspiration for collectors and enthusiasts to remain observant.
Whether you’re a seasoned collector or a curious novice, this find highlights the enduring allure and historical significance of coin collecting.
FAQs
What is a Doubled Die coin?
A Doubled Die coin results from a minting error where the die used to strike the coin has a misaligned duplication of the design. This causes elements of the coin’s design, such as letters or numbers, to appear doubled. These errors are distinct from coins that have been struck twice; the doubling is part of the die itself, not the result of multiple strikes.
How can I identify a 1972 Doubled Die Eisenhower Dollar?
To identify a 1972 Doubled Die Eisenhower Dollar, examine the obverse side of the coin, focusing on the inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the date “1972.” If these elements exhibit noticeable doubling, it’s likely a Doubled Die variety. For confirmation and valuation, consult with a professional coin grader or numismatist.
Are all 1972 Eisenhower Dollars valuable?
Not all 1972 Eisenhower Dollars are inherently valuable. Their worth depends on factors such as mint mark, condition, and the presence of errors or unique varieties. Coins with minting errors, like the Doubled Die, or those in exceptional condition can be more valuable to collectors.