The value of a 1971 silver dollar, specifically referring to an Eisenhower dollar minted in 1971, is primarily determined by its composition, condition, and rarity. While some Eisenhower dollars contain silver, most circulated examples are composed of a copper-nickel clad. The price is therefore highly variable.
Understanding the factors influencing numismatic valuation is crucial for both collectors and sellers. Silver content, mint marks (indicating the mint where the coin was produced), and any existing errors can substantially increase the price. Coins in uncirculated condition command a premium due to their preserved detail and luster. Historical significance and collector demand further impact the market price.