IKE guys, How did this make...............

jeffnpcb

a PCGS MS67! The obverse looks as if Ike took a shape-charge to the head!

Auction number from Heritage is 8317! Bid is over 2,000. I do not get it! Plastic numbers and insanity! I believe I will wait to find a type two, even in a lower grade, that the obverse isn't beat all too hell and back! Wrong insert perhaps or another buy-back?

itsnotjustme

That looks like a very clean Ike. Hve you looked at many MS65 and MS66 Ikes?

fivecents

It looks like a nice MS67 to me.

itsnotjustme

p.s. I predict it will go 100% give or take higher before it closes.

jeffnpcb

Go to the web site and blow it up! The head is beat all to hell and the fields are distressed on both sides! I've got 64 and 65's that are a hell of lot better. And yes, they are PCGS graded coins or still in the mint wrapper.

OOOPPPS! It is 8318 lot number and read the description on the pristene fields! That is pure horse manure for a 67 graded coin!

segoja

Actually, not a bad looking Ike!

Without seeing it in person, it's hard to tell!

LALASD4

I downloaded and zoom in on the picture, it looks relatively clean for a P mint IKE. All things are relative, so maybe they took that into consideration.

segoja

Please note the later "P" mints begining with the 76-P Type II are no tougher than the "D" mints. The 76-P is slightly tougher than the "D" mint in high grade. The 77/78 are virtually the same rarity in high grade.

The early "P" mints are a totally different story!

jeffnpcb

I guess I'm wrong about this post. My point is are they buying the insert or buying the coin.
Would you buy a Morgan or Peace dollar{Peace dollars were the extreme of poorly struck dollars} in a grade of 67 that looked like this one!
I don't believe I'm wrong on this issue. A modern 67 should not be this bad and is not in-line with the Sheldon scale on which this grade is based.
But it is a PCGS and 100% plus correct all the time!

airplanenut

<< <i>Go to the web site and blow it up! The head is beat all to hell and the fields are distressed on both sides! I've got 64 and 65's that are a hell of lot better. And yes, they are PCGS graded coins or still in the mint wrapper.
>>

Here's the problem--when you blow up the picture, how large is the coin? When you look at a coin, how large is it? Unless you look at all of your coins 100% of the time with a 10-30x glass, then you won't see this. It's the inherent problem with photography--you see a lot of things that the naked eye simply can't pick up. Those ticks will preclude a 70, but when you can't see them just by looking, there shouldn't be a problem...

Gandyjai

Looks good to me!
Although, I think I would like to see it in person.
I think Brian is right on the final price.

Gandyjai

dorkkarl

grade seems appropriate to me. i'd give $20 for it right now!

K S

Dennis88

A ms67 coin is not perfect. Especcially not when it is an Ike.

Dennis

cladking

DorkKarl; I'm guessing you don't own any high grade Ikes.

I'm not a big fan of this coin either. Yes, it is virtually as struck which is extremely rare
for any mint state Ike. There appear to be only a few tiny marks on the high points and
if this is your cup of tea then you may not find a better one for a long long time. But for
strike fans this one does leave a little to be desired. The dies were tilted a little so that
the top of the obverse recieved the blunt of the blow. The dies which were in excellent
left a sharp image in this area. The bottom of the coin did not recieve a good strike. The
IGWT is a little weak and the chicken scratching around the rim at the bottom are planchet
defects which weren't obliterated by the strike.

This coin in all probability is a roll coin. Mint set coins (especially the gems) will tend to
have newer dies (not much in this case), better aligned strikes, and more marking.

You might be able to find a coin like this for only $20. Just go from shop to shop looking
at all their '76 dollars and mint sets until you find one. Pack a lunch though and take a
little extra cash with you. It may take a while and so many shop owners are going to
want a little premium after you open up their hoardes of original rolls and bags of '76 $1's.

itsnotjustme

Closed at $4,715 with the juice.

Sphinx357

a 67 is an above average strike, this coin looks weak on "IN" and the T in "TRUST" also the bottom half of the date looks a little weak. Ikes really puzzle me, because judging by that coin, I have an MS68 in my hand right now.

itsnotjustme

Submit it. At least if you miss MS68, You'll have a heafty four figure MS67!

Sphinx357

When/if I sign up for a PCGS membership gold level it'll be one of my freebies.

Gandyjai

Sphinx,
The 68 Ike you have in your hand is a Silver Ike. You CAN NOT compare an MS Silver Ike to an MS Clad Ike.
The Silvers were made only to be collectable issues, blue packs and red packs. The numbers were a lot
lower and the qualitly a lot better.
****In fact, I recommend if you send in a batch of Ikes to be graded.....DO NOT mix Silver and Clad Ikes together
in the same batch. Your Clads may score lower because the Silver ones just make the Clad ones look worse
than they actually are!***

I have made a few 68 Silvers, but I do MUCH better with Clads.....Just don't seem to have as good
of an "eye" for them.
GRANDAM is the King of the Silver Ikes (IMHO)

Cladking,
VERY good alalysis....I enjoyed it

Gandyjai

Sphinx357

<< <i>Sphinx,
The 68 Ike you have in your hand is a Silver Ike. You CAN NOT compare an MS Silver Ike to an MS Clad Ike.
The Silvers were made only to be collectable issues, blue packs and red packs. The numbers were a lot
lower and the qualitly a lot better.
****In fact, I recommend if you send in a batch of Ikes to be graded.....DO NOT mix Silver and Clad Ikes together
in the same batch. Your Clads may score lower because the Silver ones just make the Clad ones look worse
than they actually are!***

I have made a few 68 Silvers, but I do MUCH better with Clads.....Just don't seem to have as good
of an "eye" for them.
GRANDAM is the King of the Silver Ikes (IMHO)

Cladking,
VERY good alalysis....I enjoyed it

Gandyjai >>


No, it's a clad, it has less contact marks and better luster than the one pictured. Ofcourse I was being sarcastic in the first place, if it graded a 66 I'd be happy because I got it at face, but I would want to submit it. Simply because Ikes are tough to grade and I'm curious what this one would score.

Gandyjai

OK.....I get it now
I'm just a little slow this AM.....Haven't had enough coffee yet
You don't have to go "GOLD" to send it in,....If you only have one coin, just get a friend to send it
in for you next time they send in a batch.

Happy Hunting!
Gandyjai