Eisenhower Dollar Sale - Prices Realized

Typetone

Thanks to all who bought any of my Eisenhower dollars. Now that all sales are final, here is the promised report of prices realized. I found this sale to be very interesting and unique as all sales were made either through this Board, or from email addresses posted by collectors on the set registry page. Frankly, most of the buyers were not known to me before the transactions. Is this a way more and more registry quality transactions will be handled in the future?

Greg

1971 PCGS MS65 $200
1971 PCGS MS66 $2,400
1971D PCGS MS67 $3,750
1971S PCGS MS67 $800
1972P Type 2 PCGS MS66 $9,500
1972D PCGS MS66 $175
1973P PCGS MS66 $800
1973D PCGS MS67 $5,500
1973S PCGS MS68 $200
1974P PCGS MS66 $650
1976P Type 1 PCGS MS66 $3,500
1976P Type 2 PCGS MS67 $5,500
1977D (PKOK) PCGS MS66 Over $1,000 - Exact price withheld at buyers request
1978P PCGS MS66 $150
1978D PCGS MS66 $200

FC57Coins

WOW - those are amazing prices for "ugly head" coins as some folks around here refer to them. Congratulations!

Frank

braddick

SAVE these prices. The day will come when we'll look back and see how silly cheap these coins in top grades went for.
Some of those will be $10,000.00 coins in seven+ years or so.

There just not out there being found and/or "made".

wondercoin

Greg: Congrats as well. Whatever happened to the 74(d)? Did you decide to keep it? Wondercoin

Rampage

Congratulations on the $9,500.00 sale of the type two 1972 IKE. I know that must be a beautiful coin. Rampage.

khayse

Greg,

Hey, those weren't the prices I was quoted!

So that tells me you have $34,325 to spend on improving your Walker collection.
<gulp!> Maybe I should abandon Walkers and switch to Peace dollars.

Congratulations on the sale Greg. You had a fantastic set and you helped promote the
series by sharing your knowledge. Can't wait to see what you put together next.

Anyone want to volunteer any information on when we will be seeing more of Greg's
coins show up in the Registry?

-KHayse

Typetone

Braddick:

I agree with your price assessment. I think the 72P could have gone for 10K if I wanted to push it, but I figured that the new buyer is due a little juice as well. Most of the low pop 67s could also exceed 10K in the next few years if the market for moderns stays hot.

Mitch:

The 74D is subject to a private transaction. So it is sold but not yet available to discuss.

Keith:

I have a great Peace Dollar to start you with. Most of the proceeds are going into type coins, but I did get a beautiful 34S in MS66.

Cheers

Greg

Russ

Stupid question from the peanut gallery. What does "(PKOK)" mean?

Russ, NCNE

keithdagen

Greg doesn't know how to write Peacock because it contains the dirty phrasing "cock."

wondercoin

Greg: That's great that the 74(d) also sold. As you know, I gave careful thought to acquiring your entire collection last month. I ended up chosing to go after a single Ike instead and won the 1976(p) Proof Bicentennial Ike (original mintage 3) struck in Phila. in 1974 and presented to the President, his Press Secretary and showcased at the 1974 ANA convention. The ANA convention piece was reported as melted following the convention, so the existing piece is believed to be unique (although there is a possibilty another coin could exist out there). Some people view this coin as an Ike Pattern coin, while I believe the proper interpretation for the piece is as a Presentation Piece. As you may know, the coin is in a PCGS holder and is a vitally important coin with immense historical signifcance. No Ike set is complete without the Philadelphia minted 1976(p) Proof Wondercoin.

Typetone

Mitch:

That proof certainly is a unique one of a kind piece. To be precise, a mint state set is complete without it, while a complete proof set should have it. Congrats on finding it for your customer.

Keith:

I give up, how do you avoid the dirty phrase problem?

Greg

Russ

Ah, Peacock. I should have known.

Russ, NCNE

supercoin

What kind of idiot would pay that kind of money for a clad Ike, especially if it was just for some pretty color?? Oops, wait, I take that back...

Congrats on the sale and good luck on your next series! Maybe I'll buy another coin from you when you sell that set in 10 years. Well, maybe not... Liberty Nickels??

Mitch, I didn't hear about that proof Ike being up for sale, was it in a public auction? Is it the impaired proof that was found in circulation?

jcping

> SAVE these prices. The day will come when we'll look back and see how silly cheap these coins in top grades
> went for. Some of those will be $10,000.00 coins in seven+ years or so.

Go to www.teletrade.com/coins and click Price Guide. Search last 3000 days Ike P-mint and D-mint PCGS non-proof MS67. You should be able to see many MS67 P- D-Ike coins were auctioned there including the lone 1978D MS67 (no picture) and the two 1972D MS67. Some of the coins still have image on it so that you could take a look. Many MS67 (graded between fall 97 to summer 99) are UGLY and over-graded with today's standard. I doubt these UGLY MS67 could even reach Greg's today price in 7+ years.

With true MS67 grade as the ones Greg had, I won't be surprise that they will be $10,000.00 coins in seven+ years or so.

HuliganRS

Mitch,

Is this the Ike that was in CoinWorld 2 weeks ago in the C1 or C2 page? Some auction hose advertisement on page 1 or 2?

What's the grade?

Rusty.

jcping

Since it is possibly unique, I would assume it is (for $36000+15%)

supercoin

Yep, that's it...



$41,400 realized... it's a "beauty" -- I'll file this away the next time someone says Ike collectors are only interested in condition rarity!

Here's the link to the auction results... a bunch of seldom seen cool Ike errors, and a couple went "cheap" compared to what I've seen similar coins offered in the past.

Bowers and Marena Rarities Sale

Russ

Was the Ike an "error" as listed in the auction catalog, or a presentation piece? I understand there were also four Kennedy proofs struck at Philly. I thought these were intentional?

Russ, NCNE

wondercoin

"Was the Ike an "error" as listed in the auction catalog, or a presentation piece?"

Russ (and Supercoin): Neither. The 1976 (p) Proof Ike was listed as a "Pattern" by Bowers and is listed in the Pollack Pattern book as well. Now, 20th Century Pattern coins are few and far between and if Bowers believes this coin to be a Pattern, that is their opinion (and I certainly respect Bowers' opinion). However, my opinion thus far is that the coin appears to be a Presentation Piece, intentionally struck by the Phila. Mint (i.e. definately not an error) for "Presentation" to the US President in 1974. From a recent conversation with Rick Montgomery, I believe he shares my opinion that the coin is a Presentation Piece.

Incidently, the coin is graded PR66 by PCGS and is highly cameo (if not DCAM) as well. Wondercoin.

EVillageProwler

Isn't it true that modern patterns are subject to seizure by the Secret Service?

EVP

supercoin

Mitch, did you get any further history on the coin, I'm assuming this is the one that was found in circulation (it's the only one that I know of)?

Is the cloudiness in the fields due to being scuffed up during it's journey, or is it haze? I'm wondering why someone didn't dip it before holdering, though that would be a shaky-fingered dip.

In any event, a cool coin, and certainly cheap compared to many other unique coins.

wondercoin

EVP: I actually asked Bowers about that before the auction and they confirmed to me, in writing, that everything appeared fine to them as far as ownership of this particular coin.

Also, I have been offered recently (although I have not purchased it yet) the 1942 Pattern Lincoln Cent grading PCGS-MS65 (struck in white metal) and, as I recall, the pattern 1916 SLQ was also sold at public auction a while back.

Wondercoin.

HuliganRS

Does this coin exibit regular proof strike or are the devices raised?

It almost looks a little raised to me...

Mitch?

wondercoin

"Mitch, did you get any further history on the coin, I'm assuming this is the one that was found in circulation (it's the only one that I know of)?

Is the cloudiness in the fields due to being scuffed up during it's journey, or is it haze? I'm wondering why someone didn't dip it before holdering, though that would be a shaky-fingered dip.

In any event, a cool coin, and certainly cheap compared to many other unique coins. "

Tad: Bowers refers in their auction catalog to the pedigree of the coin, including being found in a "cash register" in Washington DC a couple years after being struck. The coin has fabulous luster AND, IN MY OPINION, SHOULD HAVE PROBABLY BEEN DIPPED BEFORE BEING SLABBED BY PCGS, as the "black and white cameo" would look even more cool that way.

The cloudiness in the fields is light tone (which, no doubt, would "dip" right off), however, with a loupe, one can see a tiny bit of "scuff" on the surfaces lending support to PCGS' decision to grade it only PR66. While a good case might be made for the grade PR67 on this coin, there is something to be said about having the coin tightly graded in a PCGS holder rather than a grade folks might debate.

Wondercoin

wondercoin

"Does this coin exibit regular proof strike or are the devices raised?

It almost looks a little raised to me...

Mitch?"


I believe the numismatic giants of that time (e.g. Breen) were under the belief the coin was struck from "regular dies" (Pollack adopts that belief in his book), although it was only presumed that the composition of the coins was identical to regular issue pieces.

I will look at the coin more closely (with some regular 1976(s) proof Ikes in hand) next time I get to the bank.

Wondercoin

HuliganRS

Kool !!!

supercoin

Regular dies, you mean business strike dies? I don't understand that theory... I can't tell from this coin for sure given the toning and the small photo, but the photo I've seen displayed at the ANA looked like a full "black and white" proof, i.e. the die must have had sandblasted devices and polished fields.

wondercoin

"Regular dies, you mean business strike dies"

Tad: No. I interpret Pollack's comment as regular proof dies. We're in agreement here.

Wondercoin

segoja

Tad,

That's a cool coin. I saw it once at a Wisconsin coin show from the biggest Ike collector I've ever seen.

He is not a seller, so how did the coin come on the market, or is it one of 3???? not one of one.

James