You Guys Always Know!!!

brigs

Being very new and uneducated in this market can someone please tell me the difference between type one and type two coins? Also how do I determine which is which?

Another thing...how come there is such disparity between PCGS and Red Book and other collector newsletters in price? Is it just subjective judgement?

Thanks for your help...

bobber

flaminio

Which coin? There are many "Type 1s" and "Type 2s" -- it's a fairly generic term used to distinguish two, well, types. If you tell us what coin, we can probably tell you the differences.

brigs

I'm talking about the 1976 Ike dollar specifically...

Tassa

<< <i>Being very new and uneducated in this market can someone please tell me the difference between type one and type two coins? Also how do I determine which is which?

Another thing...how come there is such disparity between PCGS and Red Book and other collector newsletters in price? Is it just subjective judgement?

Thanks for your help...

bobber >>



As for your question about Type 1 and Type 2 coins, to which series are you referring? A few series have different types.
As for price guides, I'm not sure why there is such disparity between them, but I have found the PCGS Price guide to be the least useful.

flaminio

<< <i>I'm talking about the 1976 Ike dollar specifically... >>



Type 1s have rather blocky lettering on the reverse. Type 2s' reverse lettering style is more delicate, similar to the lettering on the obverse.

Skipper53

It seems that since PCGS is considered the top grading service,
collectors and dealers are willing to pay a premium for their slabs.

Rolls Royce, Dom Perignon, PCGS, you get the idea.

Flash

Perhaps THIS ARTICLE by Ken Potter might be of some assistance.

ccr

Here`s an example of a Type 1 Clad 1976 Ike Dollar I have ( graded PR69DCAM in this picture ). According to the Redbook, Type 1`s lettering shape on the reverse ( One Dollar and United States of America ) are noticeabley wider then the Type 2 lettering. I don`t have a Type 2 to show else I would.

cosmos66

To the best of my knowledge this is an IKE Type II. Notice the slanted ends on the T's.

jonesy

I didn't know that.

ccr

cosmos66 - looks like a Type 2 to me.

cosmos66

<< <i>cosmos66 - looks like a Type 2 to me. >>



Cool beans I know very little about Ikes but I have a few so I asked the same question about types one day.

Agflyer

Compare the "R" in Dollar. The type 2 is more stylized. It's the quickest way I can tell the difference.

Conder101

Look at the last S in STATES. On the type 1 the tail of the S comes all the way up to the middle bar of the E. On the type 2 it barely reaches the top of the bottom bar of the E. That is an arms length difference and once you know to to look at that you never have to have both types to make a comparison or to describe the difference to someone else. No style judgements to make either. Tail comes halfway up the E Type 1, comes to bottom bar Type 2.

USMC_6115

Check this link out. It shows details on the 1976 and 1972 (3 types).