1964 Dollar Coin Value: A Comprehensive Guide to Its History, Rarity, and Worth

Introduction

The 1964 dollar coin is a highly sought-after coin by collectors due to its rarity and historical significance. In this article, we will explore the factors that contribute to its value, including its mintage numbers, condition, and historical context.

Mintage Numbers and Rarity

The 1964 dollar coin was minted in two varieties: the Peace dollar and the Eisenhower dollar.

• Peace dollar: 316,076,000 coins were minted in 1964, making it the most common variety.
• Eisenhower dollar: 43,198,000 coins were minted in 1964, making it significantly rarer than the Peace dollar.

The rarity of the Eisenhower dollar is due to the fact that it was only minted for one year, while the Peace dollar was minted for several years.

Condition

The condition of a coin is a major factor in determining its value. The Sheldon Coin Grading Scale is used to grade coins on a scale from 1 to 70, with 70 being the highest grade.

• Uncirculated: A coin that has not been in circulation and shows no signs of wear.
• Extremely Fine: A coin that shows only slight signs of wear.
• Fine: A coin that shows moderate signs of wear.
• Good: A coin that shows significant signs of wear.
• Poor: A coin that is heavily damaged or worn.

Historical Context

The 1964 dollar coin was minted during a period of significant change in the United States.

• The Civil Rights Movement: The 1964 Civil Rights Act was passed, which outlawed discrimination based on race, color, religion, sex, or national origin.
• The Vietnam War: The United States began its involvement in the Vietnam War in 1964.
• The Great Society: President Lyndon B. Johnson launched the Great Society program, which aimed to address issues of poverty, education, and healthcare.

Value

The value of a 1964 dollar coin depends on a number of factors, including its variety, condition, and rarity.

• Peace dollar: Uncirculated Peace dollars can be worth up to $20, while circulated Peace dollars are worth less.
• Eisenhower dollar: Uncirculated Eisenhower dollars can be worth up to $100, while circulated Eisenhower dollars are worth less.

Coin Values in Detail

The following table provides a more detailed breakdown of the value of 1964 dollar coins, based on their condition and variety:

Other Factors That Affect Value

In addition to the condition and variety of the coin, there are other factors that can affect its value, such as:

• Errors: Coins with errors, such as double strikes or missing details, can be worth more than coins without errors.
• Variety: There are several different varieties of the 1964 dollar coin, such as the "No S" variety, which was minted without a mint mark. These varieties can be worth more than the standard varieties.
• History: Coins that have a historical significance, such as being owned by a famous person or being used in a major event, can be worth more than coins that do not have such a history.

Collectors' Market

The value of a 1964 dollar coin is ultimately determined by the collectors' market. The demand for these coins is driven by a number of factors, such as the rarity of the coin, the condition of the coin, and the overall interest in collecting coins.

Conclusion

The 1964 dollar coin is a valuable coin that is sought-after by collectors. The value of these coins depends on a number of factors, including their variety, condition, and rarity. By understanding these factors, collectors can make informed decisions about which 1964 dollar coins to add to their collections.

Frequently Asked Questions

Q: What is the most valuable 1964 dollar coin?

A: The most valuable 1964 dollar coin is the Eisenhower dollar in uncirculated condition. These coins can be worth up to $100 or more.

Q: Where can I buy or sell 1964 dollar coins?

A: 1964 dollar coins can be bought and sold at coin dealers, online auction sites, and coin shows.

Q: How can I tell if a 1964 dollar coin is real?

A: There are several ways to tell if a 1964 dollar coin is real. One way is to look for the mint mark, which should be located on the reverse of the coin. Another way is to weigh the coin, which should weigh 26.73 grams.