1977-P Ikes PCGS MS67

segoja

The MS67 Ikes finally made it home, along with one other just made.

Anyone need one send me a PM.

I own them and they will be priced right. Cheaper if you buy 2!!!

wondercoin

They were priced "right" a few months ago - GM received a spectacular quality piece - the pick of the litter - the one very special coin in the group IMHO. A coin that will fit in nicely with his #1 MS Ike $1 set.

Wondercoin

19Lyds

Personally, I don't think they were priced anywhere near right.

The population number simply did not support what was being asked compared to other coins of similar population.

wondercoin

Lee: Your thinking may certainly be correct IF you start with the premise that pop top MS Ike Dollars from the 1970's are worth less than even pop top Sac Dollars (and now possibly some Pres $1's) from the 2000's of similar pop numbers. And, perhaps that is exactly the case at this point in the cycle.

Wondercoin

19Lyds

Mitch I think the prices being commanded for the Sac's and Presidential dollars is solely registry inflation and do not reflect the true value of the coins. Some of these prices being commanded are due to current popularity over what one individual is willing to pay to get higher in the registry.

wondercoin

So what? A price is a price is a price - no?

Wondercoin

19Lyds

Top Pop price is dictated by the popularity of the piece being sold and there is no comparison between the popularity of IKEs and the current rage with SAC's or Presidential Dollars. None.

Folks simply aren't chomping at the bit to pay nearly $6,000 for a pop 13 IKE in MS67 anymore than they are to pay $3,750 for a pop 10 MS67 3CN piece.

I think comparing the populations and prices of one coin series to another is futile since the prices for one just do not justify the prices for the other. Simply being a pop 10 or pop 13 coin is not justification for a huge asking price unless somebody is willing to pay it. I could ask all I want for my coins but that doesn't mean someone will be willing to buy them at my asking price.

From my observations, the failure of the two MS67's that were put on Teletrade that did not sell is a good indicator that the price was a bit on the presumptuous side.

It's the popularity of the series coupled with what folks are willing to pay for a piece that dictate the coins value and I just don't think there are that many serious die hard IKE collectors currently out there.

The death on the vine of the FEV should state at least that much. This is an absolutely, without a doubt, different reverse variety yet neither of the top two TPG's are willing to grade it as such!

Why?

Because there is not enough popularity with the Eisenhower series except for us few devoted fans and that, apparently, is not nearly enough.

wondercoin

Lee - I agree with you that comparing an Ike pop to a 3 cent nickel pop is "apples to oranges". But, a pop 12 Ike vs. a pop 12 Sac or Pres $1 - well it is certainly unfortunate that perhaps you are right that is even an unfair comparision. But, perhaps that is the case. Wondercoin

19Lyds

I wish it were different and for the life of cannot figure out why folks choose to diss this coin. I think it is directly related to the fact that folks want "Silver" in their dollars and anything less is a waste of time.

So much for coin collecting.

SanctionII

The popularity of a given series is a major factor in value. Perhaps IKE's are not popular since they were made in the 1970's. In the mind of the public (including coin collectors) the 1970's are not thought of highly. Lots of things happened in the 1970's that people laugh at today. Perhaps also the idea of collecting a large sized dollar coin made with no precious metal (40% silver NCLT Ike's excluded) is also not popular among collectors.

However, tastes change and one day Ike's will be the flavor of the month (year), resulting in demand and higher prices for them.

I did not like Ike's much for a long time. However I have changed my tune on them after picking up on the cheap a Dansco Album of MS and PF Ikes assembled by Paramount Coin Co. in the late 1970's. The coins in the album have toned nicely, in a variety of ways and colors. Some of them are very attractive, especially those that have minimal marks and decent strikes (both characteristics being hard to find, especially on the clad circulation strikes). When I go to shops and shows I look at available Ikes and would like to buy attractive, minimally marked, coins with strong strikes. Unfortunately I have not had much success in finding Ikes that meet this criteria. I suspect that these kinds of Ikes are few and far between.

19Lyds

Personally, I find the IKE's to be a wide open and interesting series. Wide open because frankly, the only explorations in it have been cursory. Interesting because, even after the Authoritative Reference on Eisenhower Dollars was published, a new reverse variety was found! I mean, it was there all along but folks just failed to see it because they couldn't see past the commonality of the coin!

Personally, I would like to folks to actually LOOK at their IKE's and I mean really look. There could very well be more transistion coins out there that could be quite rare like the 74-D Silver IKE's. How long ago was it that the Type 1 reverse was "discovered" on a 1971-S Proof? Not too long ago friends!

I suspect that there is a lot more happening with this series than even the most critical of collectors is aware simply because they are just IKE's!

This is really good in a sense in that it still leaves the series wide open but thankfully, the IKE Group is addressing this as we type!

How many folks would be really surprised if yet another Obverse and Reverse variety came to light?

cladking

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How many folks would be really surprised if yet another Obverse and Reverse variety came to light? >>



I still expect someone to find a 1976 mule var II/ var I.

segoja

Cladking....I hope you are right.

That would be one heck of a find!

19Lyds

All I can say is that anything is possible in transistion years. It's been proven over and over again.