There is a large gap of the US Mint not producing US Dollar Coins between the Peace Dollar (1921-1935) and the Eisenhower Dollar (1971-1978). This is not the first gap of the US Dollar Coin. In 1878, the Morgan Silver Dollar had started minting which ended a 5 year gap from the last production of the Liberty Seated Dollar in 1873. The Liberty Seated Dollar was minted for 23 years. However the time gap between the Peace Dollar and the Eisenhower Dollar was a very long time with many events taking place. This time spanned World War II, the birth of Rock ‘n’ Roll, the assassination of President Kennedy (as well as Robert Kennedy and Dr. Martin Luther King Jr.) and the landing on the moon of Neil Armstrong and Buzz Aldrin.
The Eisenhower Dollar honored two of thes every important events. Eisenhower was the commander of the Allied Forces in Europe during WW II and he lead the landing at Normandy in 1944. He became President of the United States for two terms in the 1950’s due to his leadership. The back of the Eisenhower Dollar was also a tribute to Preseident Kennedy, whose vision laid out the Moon landing by the end of the 1960’s. Therefore on the reverse of the Eisenhower Dollar, the Eagle is landing on the moon with the earth and space in the background. The Eagle has been a prominent fixture on coins and national symbol since 1782. There was a slight hiatus in 1975 by the Eisenhower Dollar. In 1976, the replacement of the eagle to the Liberty Bell was introduced to note America’s bicentennial. The folllowing year, the Eagle was put back on the Eisenhower Dollar to remain for another 22 years. In 1979 the Susan B Anthony Dollar Coin was introduced which ended Eisenhower appearing on the coin.
The Eisenhower Dollar Coins were minted in the tens of millions throughout the years. Therefore their value rarely is above face value, but there are examples of coins that are worth more than face value. For example, the 1973 San Fransisco minted Eisenhower Dollar Coins are an exception with its relatively small mintage of that particular year and mint.