Questions, Opinions, Help on Roll of Ike $

halfhunter

I purchased a roll of 1971-P(?) Ikes at the Macon (GA) coin show a couple months back.
Stuck them in the safe and forgot'em until yesterday. The roll isn't "shotgun" wrapped but folded.
The folds and ends look like they were pressed, very neat, sharp folds then a spot of glue applied
under the topmost fold. The wrapper has "Steel Strong no '1 Tubular".

Did any commercial institutions wrap dollars in this manner in 1971?
Could this roll be original?
Should I open it?
I kind'a know about the '72s, but are there any '71-P die varieties to look for?
Are there any books available on Eisenhower $ & related die varieties?

BTW paid $55 for the roll & since I've wasted alot more than that on the slots many times,
it was no big gamble.

Thanks Folks,

John

halfhunter

Slipped to p.6

Anyone?

Thanks in advance,

John

cladking

I doubt it's an original roll but this often doesn't matter. Original rolls
will have only a few die pair represented though, of course, one like
this could still be cherry picked.

There are a few varieties for the '71 and gems are all scarce.

ttt

halfhunter

Thanks! Anything I should look for in the varieties?

It looks like a neat old roll. I feel like I'm destroying a part of numismatic history
when opening truly original rolls for some reason.

I have a lot of old original rolls, but this one just has my curiosity up. LOL

When I can find '71-'72 Ike rolls that may not have been "cherry picked" at a reasonable price,
I try to buy them since they were not available in Mint Sets.

Regards,

John

ModernDollarNut

John, excluding doubled dies (not my field), 71(P) Ikes are mostly about looking for better examples, both in grade and toning or lack of it.

The '71(P) Ikes are generally a lack-luster bunch, literally, and ANA-PCGS MS65 is scarce.

Curiously, there are darn few die-clashed so you will not find the array of clash images that are so prevelant on the 71-D's.

The P Mint apparently used a lot of lubricating oil on their Ike dies so many batches of 71 and 72 Philly Ikes were a touch oily and this may have contributed to the "grunge" they seemed to accumulate, a dirty appearance. May be a reason these Ikes "dip" or MS70 instantly, usually to reveal even more planchet chatter and misc. dings than were visible through the toning and dirt, so deciding whether of not to dip is often not an easy decision.

Denver and Philly also used a greenish parafin lubricant but Philly may have also used a more volatile lubricant as the "oilyness" I just heard about from a most respected source present on the early released 71 and 72 Ikes is not present now.

I would not hesitate to open your roll - you may have nice toners or nice examples!

I have not been able to track when/where Ikes were rolled: they were shipped from the mints to the FRB's in 1000 coin bags and many FRB's shipped early '71 releases to their major banks in bags.

I suspect the majority of rolls were done by mid-sized and smaller banks who wanted a convenient way to sell, store and inventory their Ikes but that's just a guess. As far as I know, Ikes were not used in vending machines so that sourse of rolling does not apply. Rob

19Lyds

Jeez, being an IKE collector myself, it sounds like you got screwed! I'll give ya $60 for the roll sight unseen just so you don't take a huge loss........................











Jeez I'm kidding!

For your roll, I seriously doubt that it original as the technology for rolling coins was definitely present in 1971 and I doubt that glue would have been used to seal them up anyway. However, thats not to say you don't have a roll of super primo "I just gotta have one IKE's"!

I'd open that sucker in a heartbeat just to see if there are any MS65 or MS66 candidates! An MS65 is a sweet coin but an MS66 is the highest grade currently known for the 1971 IKE's and can command some serious cash to obtain! As far as varieties, Rob pretty much covered it as only a couple of DDO's and DDR's have been documented. Thats not to say there aren't more out there but typically the spread is fairly light.

As for books, the only one I know of right now is the Authoritative Reference on Eisenhower Dolllars by Wexler/Flynn/Crawford. Initially released in 1998 but a second version was released last year but with few if any updates. That book only had a single DDO listed but provides pictures of what to look for. For me, I always concentrate first on the Motto as doubling can usually be detected there first on the obverse. For the reverse, I always check the stars and the move to the lower part of the lettering.

Good Luck on your search and if you wanna get rid of them sight unseen, I'm positive you could get a good price. I'd buy rolls of 1971P's all day long for $55!