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Picked this 1971-s "Peg Leg" up at a show for $8.00!!!

USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
It just returned from Anacs as an MS65image

When are these suppose to be hitting the registry, anyone know?

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    stephunterstephunter Posts: 2,324 ✭✭✭
    Is rare peg leg for the 71-S a mint state silver coin, clad, or proof?
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    CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    image


    Great find! Is it the "fading leg" kind?


    How did that other one you won on eBay turn out?
    Collecting coins, medals and currency featuring "The Sower"
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    This one is the Silver non-proof which I believe is the rare variety.
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    I don't really know the difference. This looks to be a fairly blunt peg leg. Is PCGS going to distinguish the difference, or is a peg leg going to be a peg leg.

    Perhaps someone can post a picture of the differences within a peg leg.....
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭


    << <i>How did that other one you won on eBay turn out? >>



    Give me a few hours and I'll post a pic of both of them. They are both the same type as in (I think) not the faded peg leg. I doubt I'll be able to get a close enough pic of the "R," but I'll try. I'm just not that good at picsimage
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    CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    COINDOG seems to know alot about the differences. Maybe he has some pics image


    Either way, a MS65 for $8.00?!?!!?! I'll say it again....image
    Collecting coins, medals and currency featuring "The Sower"
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    GandyjaiGandyjai Posts: 1,380 ✭✭
    Good eye!.....Congrats!image

    That's a pretty high grade for a 71-S Peg Leg!

    Brian


    I LOVE image IKES! image


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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    This is the best I can do at the moment. The battery in my camera went dead...


    imageimage
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    << <i>Is rare peg leg for the 71-S a mint state silver coin, clad, or proof? >>

    image

    It's for the business strike. There is a peg leg proof 1971-S, but it is more common, and much less valuable.
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    image
    Massscrew,
    You and coinhusker have the peg leg that is described in : " The Authoritative Reference On Eisenhower Dollars. It's listed on page 173, and the designation is : DDO-007.
    The " Fading Peg Leg " is usually encountered on the proof 1971-S peg leg.
    Your coins are very valuable, and extremly rare. They are at least 20 times more difficult to find than a 1972-P - Type # 2
    The " fading peg leg " on business is much, more difficult to find.
    I have been searching for many years for this coin, and have a grand total of 5 !!
    On the other hand, I own 64 Type # 2 coins !! As you can see, the " Peg Leg Business strike " is a spectacular find!!
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    image
    Coinhusker, I Don't have any pictures, because I don't own a digital camera. I don't sell coins, I buy, and collect.
    The Ike series has everything going for it to become one of the most popular sets in the registry. As a matter of fact, I collect the other series as Type .
    I collect the key coins only from the other series, and it has worked very well.
    Ikes, full step jeffs, full torch roosevelts have the most potential to increase in price. This is a advantage for the average collector.
    Franklin halves were once considered " sleepers ". What this means for the average collector is that they can buy coins that are low, or mid priced today, and end up owning coins that are very valuable in a few short years !!
    Collecting for profit is not the reason that most collectors collect. On the other hand, I have never met a collector that said " I want to loose money when I sell ".
    It's a reasonable expectation to expect a profit, and if we are wise when we buy, then we will profit, and not loose money when we sell !!!
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    segojasegoja Posts: 6,120 ✭✭✭✭
    The coins pictured are not DDO 07.

    Please look very closely at the photos in the book and then again at those in the scans.

    Please note that I was credited as the submitter of this variety.

    The legs of the "R" are perfectly straight in the book photos. the close-up of the coin in question still has a curve in the leg of the "R"

    I wish i could take better scans to show you the plate coin in the book, but I can't or my equipment is in adequate.

    The entire look of the coin is more like the MS63 example shown, but there is no close-up of the "R" on that coin.

    I will point out that ANACS attributes all of the 1954/55 Jefferson nickel over mint marks as "THE" over mint mark. They are not always right.

    Just my humble opinion.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
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    Maybe if we had a better picture we could tell.
    ( curved at the bottom )
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    GandyjaiGandyjai Posts: 1,380 ✭✭
    Bottom of the left leg of the "R" is too fat to be the DDO-007.
    It's still a Peg Leg, just not the DD0-007.

    How many Blue Packs did you have to look through to find it?

    Brian

    I LOVE image IKES! image
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    Just a coupleimage
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    image I stand corrected, it is not the DD0-007. iI enhanced the picture as much as possible, and this peg leg does not seem to match any that I have seen. It's very similar to the 0dv-III, except the left leg is too square.
    It might be the result of die polishing. Coneca recgonizes three seperate dies for different peg legs.
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    imageJames, You had the fun part ! Finding a coin that looks unusual and sending it in for attribution is the fun part.
    Doing the research is much harder, and time consuming ! I would not be suprised if different peg legs from different dies surface in the future !! I hope so, because this makes collecting Ikes even more fun !!!
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    << <i>COINDOG seems to know alot about the differences. Maybe he has some pics image


    Either way, a MS65 for $8.00?!?!!?! I'll say it again....image >>

    image

    I think everyone agrees !! GREAT FIND !!!!!!!!!
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    So this is die polishing, not a peg leg?
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    << <i>So this is die polishing, not a peg leg? >>

    image

    It's hard to tell without seeing the coing, or pictures that give all the detail. Anacs regards the coin as a peg leg, and I am not sure when PCGS will include it in the registry. When they do, they will have standards as to what constitutes a peg leg, or which designation that they use.
    They might designate any business strike with a missing serif as peg leg, or they might use another standard.
    Is it possible to post more detailed pictures. I can look at them , sego can look at them , and several other people will have a chance to look at them.
    The Coneca Attribution Guide lists the different peg legs on page4s 8 through 12.
    I would not be suprised if more peg legs showed up for the 1971-S, because so many different dies were used, and this was a time that the mint was making many changes with Ike dollars.
    IT IS STILL A GREAT FIND, REGARDLESS !!
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    jcpingjcping Posts: 2,649 ✭✭✭
    << So this is die polishing, not a peg leg? >>

    Yes, indeed, it is a die polishing R (not the Peg Leg we talked about a year ago).
    When we talked about Peg Leg, we were talking about "different die" (DDR-007) Peg Leg. They are rare.

    For all 72-D and 74-D missing serifs Ike dollars I saw, serifs were polished away. You can see the die polishing lines around the R. I don't consider they are scare.
    an SLQ and Ike dollars lover
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    USMC_6115USMC_6115 Posts: 2,974 ✭✭✭✭✭
    There are no die polish lines on these particular coins.

    I always thought that Anacs was supposedly the king of variety attibution...yet they can't get an IKE correct? So, now there's only one variety of peg leg, the ddo 007, is that what we're saying? Previously, I thought you guys were saying there are several types. Maybe someone here can post a pic of a "real" peg leg as I'm sure I'm not the only one that is confused...
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    segojasegoja Posts: 6,120 ✭✭✭✭
    The one that brings the bucks is DDO 07.

    All this polished die stuff is jsut that, not rare.

    Interesting yes, and at $8.00/coin, I'd buy as well. At $200 forget it!

    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
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    CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>image
    Coinhusker, I Don't have any pictures, because I don't own a digital camera. I don't sell coins, I buy, and collect.
    The Ike series has everything going for it to become one of the most popular sets in the registry. As a matter of fact, I collect the other series as Type .
    I collect the key coins only from the other series, and it has worked very well.
    Ikes, full step jeffs, full torch roosevelts have the most potential to increase in price. This is a advantage for the average collector.
    Franklin halves were once considered " sleepers ". What this means for the average collector is that they can buy coins that are low, or mid priced today, and end up owning coins that are very valuable in a few short years !!
    Collecting for profit is not the reason that most collectors collect. On the other hand, I have never met a collector that said " I want to loose money when I sell ".
    It's a reasonable expectation to expect a profit, and if we are wise when we buy, then we will profit, and not loose money when we sell !!! >>




    image
    Collecting coins, medals and currency featuring "The Sower"
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