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Okay, I just won these Ikes...now what? Should I open them?

OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
What the hell do I do with them? I don't even collect Ikes. I guess this falls into that "What in the hell was I thinking?" category.

Cheers,

Bob

Comments

  • DNADaveDNADave Posts: 7,271 ✭✭✭✭✭
    I always feel like I'm doing something dirty when I open an old original package. Close the door, make sure nobody is watching, and open them.
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Wonder why people buy the things if they aren't even going to open them! image

    By the way, I'm familiar with the seller. Nice coin shop, and good people. So in case you had any question about the item, I'm pretty sure you're in good hands.
    Easily distracted Type Collector
  • clw54clw54 Posts: 3,815 ✭✭✭
    Put them away for a year and auction them off.

    Open them and hope there is one that will grade high.

    Open them and spend them.
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    I only bid on them to piss off someone else who has a habit of sending nasty e-mails to those who snipe him out...image
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭


    << <i>Open them and spend them >>


    SILVER Ikes? I don't THINK so!
  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    I think a Giveaway is in order here image
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭


    << <i>I think a Giveaway is in order here >>


    image

    Should've expected that, only I was more expecting it from Marty or Russ!

    image
  • wam98wam98 Posts: 2,685
    You giving away silver Ikes ? I'll take one. image
    Wayne
    ******
  • AgflyerAgflyer Posts: 948 ✭✭✭
    Open 'em up and look for a peg legged "R". If you find one, slab it and sell it for 5 times what you bought the lot for! Good luck.
    I've had great transactions with people like: drwstr123, CCC2010, AlanLastufka, Type2, Justlooking, zas107, StrikeOutXXX, 10point, 66Tbird, and many more!
  • BigEBigE Posts: 6,949 ✭✭✭
    Put them on your yacht and sell them as shipwreck effect----------------------------------BigE
    I'm glad I am a Tree
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭


    << <i>Open 'em up and look for a peg legged "R". >>


    Hmmm...never thought of that!



    << <i>Put them on your yacht and sell them as shipwreck effect >>


    Ahhhhhh...me boat...image Almost sailing season again! image

    image

    Cheers,

    Bob
  • BigEBigE Posts: 6,949 ✭✭✭
    image<<<<<<<<<<<------------------------------the wave (if you see me floundering in the water please stopimage----------------------------------------BigE
    I'm glad I am a Tree
  • Hold out to become the last person on Earth to have an unopened 5-pack.

    That would be pretty cool. image

    Ken
  • Might be Proof Sets... a 69DCAM Kennedy = $$$
    -George
    42/92
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    How does one know exactly what is in the envelope? Can you look up an order number that old?

    Cheers,

    Bob
  • X-Ray?
  • BochimanBochiman Posts: 25,378 ✭✭✭✭✭
    Not sure how the silver Ikes were sent out in the blue packs, but I am guessing that is what you have.
    I bought an unopened box of 5 brown box Ikes and it was nothing like your package.

    So, I think you have the blue packs.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    Okay...blue packs. Now, the question is should I open it? Russ has indicated that not opening it is like leaving gifts under the Christmas tree...image
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    I have been wondering since you first posted how you knew these are actually Ikes. The answer is you don't??
  • nwcsnwcs Posts: 13,386 ✭✭✭
    Also think that waiting and reselling in a year may yield the most.
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭


    << <i>I have been wondering since you first posted how you knew these are actually Ikes. The answer is you don't?? >>


    Give that man a stogie!

    You're absolutely correct, I don't know. I asked a few folks how to tell and nobody seems to know. So, I have an unopened package of 1971 something.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    The tree is down so make sure all the gifts are opened.
    image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< I have been wondering since you first posted how you knew these are actually Ikes. The answer is you don't?? >>

    Give that man a stogie!

    You're absolutely correct, I don't know. I asked a few folks how to tell and nobody seems to know. >>



    Usually on unopened shipping packs you can get an idea of what's inside by looking at the quantity and the total price. Here's an example:

    image

    Since I know that mint sets cost $2.50 in 1970, I knew that's what was inside the envelope. On yours, though, it has an order number instead of a price. Interesting.

    Russ, NCNE
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    Yeah, great example Russ. As I remember, you scored that package as a single set, not 4 sets. Keep pouring salt on that wound.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>As I remember, you scored that package as a single set, not 4 sets. >>



    Close. The seller had it listed as two "proof" sets, so I picked it off for about $25. image

    Russ, NCNE
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    Perhaps this a good time to start an Ike set? image













    NO!!! image
  • BigD5BigD5 Posts: 3,433
    Don't open it.

    I'd sell it at the next Westford show. imageimage
    BigD5
    LSCC#1864

    Ebay Stuff
  • BochimanBochiman Posts: 25,378 ✭✭✭✭✭
    I've boughten 3 "unopened" sets and opened them all.
    You most likely have run of the mill items, or slightly ugly.

    But, I would open it anyway on the chance you have something nice image

    Or, if you are scared, send to me and I will open for you.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • itsnotjustmeitsnotjustme Posts: 8,777 ✭✭✭
    1971-S Ikes are rough. I would think you have 1xMS62, 3xMS63, and 1xMS64. Value sealed? $55/ Value opened? $17.

    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • BochimanBochiman Posts: 25,378 ✭✭✭✭✭
    If in blue pack....value would like be $14-$24 depending

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • gyocomgdgyocomgd Posts: 2,582 ✭✭✭
    Last year I bought an unopened priority mail box containing five '99 silver proof sets, and every time I see it sitting there, a strip of clear packing tape over the opening, I feel slightly foolish. My motivation was to peek and make sure the real deal was in there, but still I feel like a kid who sneaked open a package a week before Christmas. And I wonder, when I got to turn these over on ebay or somewhere, if they've they've lost just a tad of cache for my opening it.
    image
  • TUMUSSTUMUSS Posts: 2,207


    << <i>I only bid on them to piss off someone else who has a habit of sending nasty e-mails to those who snipe him out...image >>



    NOW that's HILLARIOUS!!!!image
  • spy88spy88 Posts: 764 ✭✭
    Outhaul, now I know who got this item! I was watching it for a customer but he only wanted to spend $40 for it so when it went past that, I gave up watching it.

    Personally, I'd open it. It is the real reason you bought it isn't it? image
    Everything starts and everything stops at precisely the right time for precisely the right reason.
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    hey Bob

    you seem to have reaped your own reward by bidding to deprive another of his/her prize. i think you oughta just hang onto it for the time-being, maybe list it from time to time with a high BIN to see if it moves. if/when you do open it, you should make a really big deal out of it like opening it at a big show in front of a bunch of forum members.

    al h.image
  • if/when you do open it, you should make a really big deal out of it like opening it at a
    big show in front of a bunch of forum members.


    That's a fun idea - maybe some other members can obtain some mystery packages and
    all could be opened at the same time! image

    Ken
  • Weigh the package. Weigh an empty envelope of the same size. 5 times the weight of one Ike plus the weight of 5 small envelopes and the large empty envelope should be close to what your package weighs. If it's very close then you'll know what you've got. If not, then open it to see what's inside.
    image Monster Wavy Steps Rule! - 1999, WSDDR-015, 1999P-1DR-003 - 2 known
    My EBay Store/Auctions
  • Weight will be the key to tell what is in it. Since it is an envelope we know that it is either Blue Ikes or Mint sets. (Proof sets and Brown Ikes came in boxes. Five Mint sets will weigh considerably moe than five Blue Ikes. A Mint set will weigh about twice as much as a blue Ike.)


  • << <i>How does one know exactly what is in the envelope? Can you look up an order number that old?

    Cheers,

    Bob >>



    Read the label:

    Uncirculated Dollars Ordered: 5
    Year : 1971

    image
    I'm not afraid to die
    I'm afraid to be alive without being aware of it

    image
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    Hey, thanks! I just enlarged the picture and read it. I guess my eyes are going.

    Cheers,

    Bob
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Err....

    In the early 1960's a rise in the silver market and a perceived shortage of small coinage began a process where our silver coins was worth more as silver than it's face value. This extraordinary event lead to a run on the U.S. Treasury departments holdings of silver dollars which lasted until March of 1964, when the Treasury disallowed the release of any more silver dollars, disbursing silver only in the form of granules.

    There in the vaults the remaining 3,000,000 or so silver dollars lay until 1971 when they were turned over to the General Services Administration for sale to the public. The GSA devised a plan to sell these pieces via a mail-bid auction backed up by a major marketing plan. Five separate mail-bid auctions were held from 1972 through 1974 and a final sale in 1980.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    So...are you saying that these could be GSA soft pack Morgans?
  • Dennis88Dennis88 Posts: 5,797 ✭✭✭


    << <i>Five separate mail-bid auctions were held from 1972 through 1974 >>



    That isn't 1971.

    Dennis
  • cladkingcladking Posts: 28,649 ✭✭✭✭✭
    They are blue Ikes.

    If you don't care about them then why open the package? It will get at least a small
    premium as an unopened package. The odds of a nice PL in the package are extremely
    poor. You'd have to look at hundreds of these to find quality like that.

    Then again if there's one gem then there will be more.image
    Tempus fugit.
  • MadMonkMadMonk Posts: 3,743
    What's grey sheet on 71 silver Ikes? Or all of them for that matter?
    Today's mighty oak is just yesterday's nut that held its ground.

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