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(43) IKE dollars

ajaanajaan Posts: 17,463 ✭✭✭✭✭
in U.S. Coin Forum

I've accumulated 43 IKE dollars over the years. Before I spend them, is there anything I should look for? None are silver.


DPOTD-3
'Emancipate yourselves from mental slavery'

CU #3245 B.N.A. #428


Don

Comments

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭

    Any of them in mint state grades are worth more than a dollar and worth a further look.

  • bsshog40bsshog40 Posts: 3,925 ✭✭✭✭✭

    I have a few stored up myself. I just keep them for the heck of it.

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  • Jzyskowski1Jzyskowski1 Posts: 6,650 ✭✭✭✭✭

    They make an awesome tip to the right person 🤠

    🎶 shout shout, let it all out 🎶

  • braddickbraddick Posts: 24,238 ✭✭✭✭✭

    Type 2 1972-P's are worth a premium.

    peacockcoins

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭

    Just remembered - my coin guy sells them for 1.25 / coin :wink:

  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    71-d friendlies

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  • Raybob15239Raybob15239 Posts: 1,359 ✭✭✭

    I gave my kids Ikes for tooth fairy dollars. My daughter didn't care, but both boys became coin collectors from it.

    Successful B/S/T transactions: As Seller: PascoWA (June 2008); MsMorrisine (April 2009); ECHOES (July 2009) As Buyer: bfjohnson (July 2008); robkool (Dec 2010); itsnotjustme (Dec 2010) TwoSides2aCoin (Dec 2018) PrivateCoin Jan 2019
  • LeeBoneLeeBone Posts: 4,502 ✭✭✭✭✭

    @braddick said:
    Type 2 1972-P's are worth a premium.

    Worth a look

  • ajaanajaan Posts: 17,463 ✭✭✭✭✭

    @LeeBone said:

    @braddick said:
    Type 2 1972-P's are worth a premium.

    Worth a look

    Ok. Thanks. Now to do some research on type 2.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • CoinHoarderCoinHoarder Posts: 2,612 ✭✭✭✭✭

    I have a couple hundred or so stashed in jars and tubes. Hoarded at the times of issue, and picked up over the decades at banks, stores, etc. I keep them as souvenirs of the last circulating large sized silver dollars.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @Che_Grapes said:
    Just remembered - my coin guy sells them for 1.25 / coin :wink:

    i just bought 110 of them from my coin guy at 1.19 per. :smile: Now I need to go out more often, and put them in tip jars.

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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I have a few ... raw coins and several in Mint issue boxes... Have never bothered to check for 'specials'... Will do that some cold, snowy day ;) Cheers, RickO

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Watch for any errors.

  • Namvet69Namvet69 Posts: 9,111 ✭✭✭✭✭

    Get into the Diva Ike website, some good variety stuff to check for. Let us know what you find. Peace Roy

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  • SPalladinoSPalladino Posts: 885 ✭✭✭✭✭

    From a reply that I made in another thread back in August:

    Regarding circulated Ikes:
    1) Clad Ikes have a melt value of < $1, so face is what you will get for circulated Ikes....except from an Ike collector wanting to search for varieties, or a old slot machine owner...IOW, the pool of buyers that would pay over face values is small.
    2) The exceptions to #1, for clad Ikes in circulated condition: a) 1972 Type 2 (and Type 3 to a lesser extent), b) 1971D Friendly Eagle, c) bicentennial Ikes might get your a couple of bucks , d) low ball Ikes in grades 1,2,3. In addition, there are a few varieties that Ike collectors might pay a premium for, like peg leg Ikes.
    3) Circulated silver Ikes have a melt of just over $7.50, and can garner a bit of a premium, because, well, silver.
    4) The exceptions to # 3, for silver Ike in circulated condition would be 1971S varieties - the FS-401 peg leg and FS-501 RPM. In addition, there are a few varieties (DIVa Ikes) that Ike collectors might pay a premium for.

    In addition to the above, as @Namvet69 suggests, check out the DIVa (Designated Ike Varieties) listing on the Ike Group home page: https://www.ikegroup.info/?page_id=28
    And/or check out the Ike Group Forum: https://forum2.ikegroup.info/index.php
    And/or check out Ike Variety Vista listings: http://www.varietyvista.com/13 Eisenhower Dollars/index.htm

    Steve Palladino
    - Ike Group member
    - DIVa (Designated Ike Varieties) Project co-lead and attributor
  • RampageRampage Posts: 9,489 ✭✭✭✭✭

    I have a few hundred of them. My local coin guy will let me buy them for face value. He has a few thousand of them.

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭

    @Rampage said:
    I have a few hundred of them. My local coin guy will let me buy them for face value. He has a few thousand of them.

    Well then he is losing money he paid a dollar for them when a dollar was worth more

  • JWPJWP Posts: 23,913 ✭✭✭✭✭

    I have a few that are graded and 40-50 in tubes. I don't really know why I keep them, other than the Ike $ is no longer minted. Also, I just like coin collecting. :)

    USN & USAF retired 1971-1993
    Successful Transactions with more than 100 Members

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    1971-D "Friendly Eagle" reverse

  • jdimmickjdimmick Posts: 9,729 ✭✭✭✭✭

    I only buy ikes at shop for a 1.10 for one of my customers (and let him have em at cost) who likes em and sells them at flea market for 2 bucks, dont know how he does it, but he can sell as many I can get him. Whoever is paying 2 bucks for regular old ikes, is dumb IMO. Anyway, I always check for ty2 72's , once in a great while Ill get one and can get a few more bucks. 73's that were only in UNC sets, i used to pull, but really have no buyers anymore , so i just let my flea market guy have them too. 40% are diff, we buy them at percentage of melt, and sell them when i make a trip to refinery.

    Intresting to note on the bicentennial Ikes, my flea market guy, says these are actually the hardest to sell of the clad dates, his ike buyers really dont like the 76's, and they are usually the last to go.

  • ajaanajaan Posts: 17,463 ✭✭✭✭✭

    @mannie gray said:
    1971-D "Friendly Eagle" reverse

    Unfortunately I don't have any 71D coins. Only P coins.


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don

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