Because if it has a face value, it is allowed to be considered legal tender. Legal tender coins generally have little to no sales tax and very few import restrictions. Had it simply been a silver medal or round, more jurisdictions could tax the sale of them and it would be harder to import them into other countries.
These coins contain no silver and are worth only face value.
No Eisenhower dollar coins regardless of date or mintmark struck for circulation contain silver and have only face value. Just some special collector coins sold from the mint were struck in 40% silver.
The coins of this series that were struck for general circulation have only face value. Only proofs and collectors coins sold from the Mint are worth more
The buyers I deal with are paying 8 to 10 times face value for 90% silver coins depending on the spot price of silver at time of sale. This may be different in your area.
US one cent coins have never been struck in silver. The coin is likely silver plated for jewelry. The coin is face value.
With a date of 1971 the coin is not a silver eagle it's a Eisenhower dollar with a value of $1.00 for coins found in circulation.. Only collectors coins sold from the US Mint have a premium above face value.
Yes. Silver coins are worth more than face value.
Pre-1965 silver coins are worth more for the silver than face value.
The FACE value is the same as all other US coins set by the denomination.
$20.00= Double Eagle/ $10.00= Eagle/ $5.00= Half Eagle/ $2.50= Quarter Eagle and $1.00 & $3.00 gold coins are referred to by the face value.
Current Circulation Coins: One cent - no correct other name, but often colloquially called a "penny" Five cents - "nickel" Ten cents - "dime" Twenty-Five cents - "quarter" Fifty cents - "half dollar" Dollar - "buck" Susan B Anthony dollar coins were often times called "Carter Quarters", large sized dollar coins including the Eisenhower dollar which contains no silver is often called a "Silver Dollar" and Sacagewea and Presidential Dollars are often called "Golden Dollars" even though they contain no gold and should be distinguished from the much smaller and older Gold Dollar (1849-1889) that was struck in real gold. Historical Gold Coins: $1 - "Dollar" $2.50 - "Quarter Eagle" $3 - "Three Dollar Piece" $4 - "Stella" $5 - "Half-Eagle" $10 - "Eagle" $20 - "Double Eagle" Historical Coins: 1/2 Cent - "Half-cent piece" 2 Cents - "Two-Cent piece" 3 Cents - "Three-Cent Piece" (often called "trimes") 5 Cents (when struck in silver) - "Half-Dime" 20 Cents - "Twenty-Cent Piece" or "double dime" Common Bullion Coins (Though these coins have a face value listed, their actual value because of the precious metals they are struck in makes their actual value much higher than their face value) $1 Face Value, 1 troy ounce of silver - "American Silver Eagle" $5 Face Value, 1/10 troy ounce of gold - "American Gold Eagle (1/10 ounce)" $10 Face Value, 1/4 troy ounce of gold - "American Gold Eagle (1/4 ounce)" $25 Face Value, 1/2 troy ounce of gold - "American Gold Eagle (1/2 ounce)" $50 Face Value 1 troy ounce of gold - "American Gold Eagle (1 ounce)" $10 Face Value 1/10 troy ounce of platinum - "American Platinum Eagle (1/10 ounce)" $25 Face Value 1/4 troy ounce of platinum - "American Platinum Eagle (1/4 ounce)" $50 Face Value 1/2 troy ounce of platinum - "American Platinum Eagle (1/2 ounce)" $100 Face Value 1 troy ounce of platinum - "American Platinum Eagle (1 ounce)" Less Common Bullion Coins (Again, these coins have a face value listed, however their actual value based on the amount of precious metals in them makes their intrinsic value much higher than their face value) 25 Cents Face Value, 5 troy ounces of silver - "America The Beautiful Silver Bullion Coins (5 ounce)" $50 Face Value, 1 troy ounce of gold (has an American Indian on the obverse) - "American Buffalo"
The coins are face value and have no silver.
Not anymore. It used to be that until 1968 you could demand payment in silver for them and they would usually pay out in Morgan or Peace dollars.
Current Circulation Coins: One cent - no correct other name, but often colloquially called a "penny" Five cents - "nickel" Ten cents - "dime" Twenty-Five cents - "quarter" Fifty cents - "half dollar" Dollar - "buck" Susan B Anthony dollar coins were often times called "Carter Quarters", large sized dollar coins including the Eisenhower dollar which contains no silver is often called a "Silver Dollar" and Sacagewea and Presidential Dollars are often called "Golden Dollars" even though they contain no gold and should be distinguished from the much smaller and older Gold Dollar (1849-1889) that was struck in real gold. Historical Gold Coins: $1 - "Dollar" $2.50 - "Quarter Eagle" $3 - "Three Dollar Piece" $4 - "Stella" $5 - "Half-Eagle" $10 - "Eagle" $20 - "Double Eagle" Historical Coins: 1/2 Cent - "Half-cent piece" 2 Cents - "Two-Cent piece" 3 Cents - "Three-Cent Piece" (often called "trimes") 5 Cents (when struck in silver) - "Half-Dime" 20 Cents - "Twenty-Cent Piece" or "double dime" Common Bullion Coins (Though these coins have a face value listed, their actual value because of the precious metals they are struck in makes their actual value much higher than their face value) $1 Face Value, 1 troy ounce of silver - "American Silver Eagle" $5 Face Value, 1/10 troy ounce of gold - "American Gold Eagle (1/10 ounce)" $10 Face Value, 1/4 troy ounce of gold - "American Gold Eagle (1/4 ounce)" $25 Face Value, 1/2 troy ounce of gold - "American Gold Eagle (1/2 ounce)" $50 Face Value 1 troy ounce of gold - "American Gold Eagle (1 ounce)" $10 Face Value 1/10 troy ounce of platinum - "American Platinum Eagle (1/10 ounce)" $25 Face Value 1/4 troy ounce of platinum - "American Platinum Eagle (1/4 ounce)" $50 Face Value 1/2 troy ounce of platinum - "American Platinum Eagle (1/2 ounce)" $100 Face Value 1 troy ounce of platinum - "American Platinum Eagle (1 ounce)" Less Common Bullion Coins (Again, these coins have a face value listed, however their actual value based on the amount of precious metals in them makes their intrinsic value much higher than their face value) 25 Cents Face Value, 5 troy ounces of silver - "America The Beautiful Silver Bullion Coins (5 ounce)" $50 Face Value, 1 troy ounce of gold (has an American Indian on the obverse) - "American Buffalo"
The Eisenhower dollars from 1971-1978 struck for and taken from circulation have no silver and only have face value. Proof and special collectors coins sold from the Mint are the only coins of this series that are above face value.
Silver U.S. coins dated 1964 or earlier are still legal tender at face value.
Coins like this have no numismatic value because they have been altered. The added gold was not done by the U.S. Mint. Most dealers buy them as "Junk Silver" to be melted. The silver value as of today is about $17.00.