Yes. Just amazing! There were several bidders fighting over it.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
“It's not even as interesting as a 7/8 tail feathers.”.
The marketplace (public auction) determined it was worth $264k.
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
“ It's a great coin! It's amazing that this is a quarter million dollar Ike!”
Ike Dollars have finally come into their own.
Record price Ike proof clover 105k
Record price Ike proof Bronze
Record price Ike Prototype 264k
mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
The variety of dies and types in the Eisenhower series are remarkable. And they are really hard to find in higher grades, especially the circulation strikes. They were mostly used in Casinos in slot machines, and not really circulated. Most folks hoarded them whenever they got one. I know I did. The 70's were my youth, fun times, and the coins remind me of them. (They also used to buy a lot more than any $1 coin does these days). I collected coins the old fashioned way, as a paperboy, in pocket change and working the cash register at various gigs. Back when gas was 25 cents a gallon, and a coke was 10 cents.
“When you don't know what you're talking about, it's hard to know when you're finished.” - Tommy Smothers
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lydston-Frohman specimen which sold for $264k. It will be exciting to watch.
Here's part of the lot description. It's amazing that it was purchased for $10 from an Alabama pawn shop in the standard Blue Pack.
Heritage said:
The present coin was the second prototype to be discovered. Prominent collector Charles Chatham discovered this piece in an Alabama pawn shop in 2010. It was still in the standard Blue Pack packaging and he purchased it for $10. At first, he could not identify exactly what made this coin different, but he immediately realized there was something special about his new acquisition. He submitted the coin to ANACS, along with several other Ike dollars. John Roberts recognized it was struck using the same reverse die as the Lydston prototype. Further observation by Lee Lydston and Dr. Wiles confirmed that fact, but noted the Chatham coin featured a unique obverse. The Lydston coin showed some light obverse doubling that was not present on the Chatham prototype. The R in LIBERTY showed pronounced serifs on the bottom of the upright on the Chatham coin, while the upright of the R on the Lydston-Frohman coin lacked serifs. The coarse finish of the Chatham obverse was also different from the other prototype. However, it had the identical pliofilm hazing on its surfaces as the Lydston coin. It was studied extensively and photographed by Robert Ezerman, and is the subject of an extensive writeup in Collectible Ike Varieties, Special Edition, the standard series reference by the Ike Group. The Chatham prototype was conserved and certified by PCGS in 2019, at the same time as the Lydston-Frohman coin.
@Zoins said:
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lyston-Frohman specimen which sold for $264k. It will be exciting to watch.
I don't see it as any more or less unique than the Lydston piece, so I am not convinced that it will, consequently, sell much higher than $264K...but yes, it will be exciting to watch!
Steve Palladino - Ike Group member - DIVa (Designated Ike Varieties) Project co-lead and attributor
@Zoins said:
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lydston-Frohman specimen which sold for $264k. It will be exciting to watch.
I don't see it as any more or less unique than the Lydston piece, so I am not convinced that it will, consequently, sell much higher than $264K...but yes, it will be exciting to watch!
The Lydston piece is listed as 1 of 2 while the Chatham piece is 1 of 1.
@SPalladino said:
Speaking of the prototype Ikes (both with identical RDV-007, but differing obverses), funny how one expert would, in 2021, foolishly write:
This is making me seriously consider delisting the RDV-007 and calling it RDV-002.
I took a glance and the article is very interesting. I'll have to read more into it later.
The following certainly makes me want to read it in depth!
@SPalladino said:
Consider delisting the RDV-007? .... on a theory?....having never examined a prototype RDV-007 coin in hand? How irresponsible can one be?
@Zoins said:
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lydston-Frohman specimen which sold for $264k. It will be exciting to watch.
I don't see it as any more or less unique than the Lydston piece, so I am not convinced that it will, consequently, sell much higher than $264K...but yes, it will be exciting to watch!
The Lydston piece is listed as 1 of 2 while the Chatham piece is 1 of 1.
.
Excellent point.
Lydston piece is the "discovery" piece (2008) vs the Clatham piece found in 2010.
Steve Palladino - Ike Group member - DIVa (Designated Ike Varieties) Project co-lead and attributor
@Zoins said:
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lydston-Frohman specimen which sold for $264k. It will be exciting to watch.
I don't see it as any more or less unique than the Lydston piece, so I am not convinced that it will, consequently, sell much higher than $264K...but yes, it will be exciting to watch!
The Lydston piece is listed as 1 of 2 while the Chatham piece is 1 of 1.
.
Excellent point.
Lydston piece is the "discovery" piece (2008) vs the Clatham piece found in 2010.
Agreed. Both dates are in the OP, along with the 3rd specimen found in 2013.
Do you know if the 2013 coin has been pedigreed to a person yet? I haven't seen a name associated with the 3rd specimen yet, just that it was purchased on eBay.
@Zoins said:
Do you know if the 2013 coin has been pedigreed to a person yet? I haven't seen a name associated with the 3rd specimen yet, just that it was purchased on eBay.
.
I do not recall. I did a bit of light searching, and could not find a name. I may have to "phone a friend".
Steve Palladino - Ike Group member - DIVa (Designated Ike Varieties) Project co-lead and attributor
1) From examining the TrueViews, it is clear that both 2008 Lydston specimen and the 2013 non-pedigree specimen were stuck by the same obverse die.
2) From examining the TrueViews and the Heritage photos, the 2010 Clatham clearly a different obverse die, but more importantly, is the closest match to the galvano obverse. The nature of the serif on the R in LIBERTY and the tail of the R in LIBERTY are very very similar to the galvano obverse.
3) All three were struck from the same reverse die. That is also clear.
4) Serif on the R of the Clatham piece is not only very similar to the Galvano, it is distinct from the "funny foot" serif much later added (almost looking like done with a dremel tool) to the base of the R for the latter 50-60% of the 1971-S proof production.
Steve Palladino - Ike Group member - DIVa (Designated Ike Varieties) Project co-lead and attributor
@SPalladino said:
4) Serif on the R of the Clatham piece is not only very similar to the Galvano, it is distinct from the "funny foot" serif much later added (almost looking like done with a dremel tool) to the base of the R for the latter 50-60% of the 1971-S proof production.
This is very interesting and I agree from the photos. It would seem to lead to the conclusion that the Chatham specimen could have been an earlier prototype than the Lydston and eBay specimens.
@SPalladino said:
4) Serif on the R of the Clatham piece is not only very similar to the Galvano, it is distinct from the "funny foot" serif much later added (almost looking like done with a dremel tool) to the base of the R for the latter 50-60% of the 1971-S proof production.
This is very interesting and I agree from the photos. It would seem to lead to the conclusion that the Chatham specimen could have been an earlier prototype than the Lydston and eBay specimens.
.
...further supporting your original contention that the Clatham specimen
should go for more than the Lydston-Frohman specimen which sold for $264k.
...a contention that I agree with now.
Steve Palladino - Ike Group member - DIVa (Designated Ike Varieties) Project co-lead and attributor
Comments
Yes. Just amazing! There were several bidders fighting over it.
It's a great coin! It's amazing that this is a quarter million dollar Ike!
It's not even as interesting as a 7/8 tail feathers.
--Severian the Lame
@Weiss said:
“It's not even as interesting as a 7/8 tail feathers.”.
The marketplace (public auction) determined it was worth $264k.
@Zoins said:
“ It's a great coin! It's amazing that this is a quarter million dollar Ike!”
Ike Dollars have finally come into their own.
Record price Ike proof clover 105k
Record price Ike proof Bronze
Record price Ike Prototype 264k
I love this! It’s great to see Ike’s being recognized at these levels!
I Like Ikes.
The variety of dies and types in the Eisenhower series are remarkable. And they are really hard to find in higher grades, especially the circulation strikes. They were mostly used in Casinos in slot machines, and not really circulated. Most folks hoarded them whenever they got one. I know I did. The 70's were my youth, fun times, and the coins remind me of them. (They also used to buy a lot more than any $1 coin does these days). I collected coins the old fashioned way, as a paperboy, in pocket change and working the cash register at various gigs. Back when gas was 25 cents a gallon, and a coke was 10 cents.
I just noticed the Chuck Chatham specimen is now up for auction. Given that this is unique, seems like it should go for more than the Lydston-Frohman specimen which sold for $264k. It will be exciting to watch.
Here's part of the lot description. It's amazing that it was purchased for $10 from an Alabama pawn shop in the standard Blue Pack.
I don't see it as any more or less unique than the Lydston piece, so I am not convinced that it will, consequently, sell much higher than $264K...but yes, it will be exciting to watch!
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
The Lydston piece is listed as 1 of 2 while the Chatham piece is 1 of 1.
Speaking of the prototype Ikes (both with identical RDV-007, but differing obverses), funny how one expert would, in 2021, foolishly write:
.
Read more here.
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
I took a glance and the article is very interesting. I'll have to read more into it later.
The following certainly makes me want to read it in depth!
.
Excellent point.
Lydston piece is the "discovery" piece (2008) vs the Clatham piece found in 2010.
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
Agreed. Both dates are in the OP, along with the 3rd specimen found in 2013.
Do you know if the 2013 coin has been pedigreed to a person yet? I haven't seen a name associated with the 3rd specimen yet, just that it was purchased on eBay.
.
I do not recall. I did a bit of light searching, and could not find a name. I may have to "phone a friend".
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
1) From examining the TrueViews, it is clear that both 2008 Lydston specimen and the 2013 non-pedigree specimen were stuck by the same obverse die.
2) From examining the TrueViews and the Heritage photos, the 2010 Clatham clearly a different obverse die, but more importantly, is the closest match to the galvano obverse. The nature of the serif on the R in LIBERTY and the tail of the R in LIBERTY are very very similar to the galvano obverse.
3) All three were struck from the same reverse die. That is also clear.
4) Serif on the R of the Clatham piece is not only very similar to the Galvano, it is distinct from the "funny foot" serif much later added (almost looking like done with a dremel tool) to the base of the R for the latter 50-60% of the 1971-S proof production.
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
This is very interesting and I agree from the photos. It would seem to lead to the conclusion that the Chatham specimen could have been an earlier prototype than the Lydston and eBay specimens.
.
...further supporting your original contention that the Clatham specimen
...a contention that I agree with now.
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
Wow! The Clatham prototype went for only $85K ($102,000 with BP), after the Lydston prototype went for $264K just last year at FUN.
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
Maybe the holder wasn’t big enough
