1971 to 1976 silver dollars

[mark v]

Are these coins 40% silver? Current coin melt values says they are but I was told they are not.

Thanks.

 

[Diver_Down]

First and foremost, 40% silver Ikes were minted in San Francisco. So look for the "S" mint mark. Silver Ikes are commonly called Blue and Brown Ikes. Blue Ikes were the business strike and sold to collectors in a blue envelope. Brown Ikes were the proofs and were in a brown display case. The problem comes in that San Fran also minted clad proofs starting in 73. They were only made in 71, 72, 73, 74 and 76.

 

[taropatch]

Are these coins 40% silver? Current coin melt values says they are but I was told they are not.

Thanks.

DiverDown has covered it well.

On Ebay, some people get $1.50 for the copper-nickel clads, but you can get rid of 'em faster at McDonald's and the gas station. If anyone needs rolls of Ikes, you can PM me.

 

[mark v]

Thanks for the information.