Which IKE is worth more in MS66: 71-P or 76-P Type I?

segoja

Given MS 66 populations that are the same (I have not looked in the last month) which coin is worth more???

For the longest time the 76-P Type I was not available in MS66, so you could have named your price if you made the first one. Then all of a sudden, they showed up, maybe too quickly and the value fell below that of the 71-P. The pop's have been relatively stable for the last year or so. Does that mean that the values are about the same.

I'd postulate that a nice 71-P on the market would bring $2500-3000, and the same for a 76-P Type I, all in MS66.

I'd like other's comments / thoughts!!!

keithdagen

segoja,

Current pops are 15 for the 1971 and 17 for the 76-P Type 1.

I would personally place more value on the 71 since it was not available in Mint Sets and long term, will have the lower population. The 76 was available in Mint Sets, and probably has a better shot of more in that grade.

Keith

Dennisl

The last true to grade 71-P MS66 that I saw sold for $3500. These are tough to make and as you mentioned, were not in mint sets. I would place a considerable more value on a 71-P.

fantasiize

I would think that the 71p in MS66 would be a little more valuable in $ than the 76p T1.

DHeath

When I broke up my Ike set about 6 mos ago, the 76-P T1 MS66 sold for $320 and the 71-P ms65 sold for $375. Both were full luster nice coins.

segoja

In the pop #'s for the 76-P Type I, how many could be actually Type II??? I have one, and assume there may be several more, making the pop really less than that of the 71-P. This is also the case with the 76-D Type I in 67 (Pop shows more than there are). Not sure I would play crack out games with any MS66 Clad Ike, so I think the numbers are accurate with the exception highlighted above.

As for the mint set vs non-mint set theory, I think it holds some credibility, however, for those who have looked (I look at every 75 Mint Set) the P is very scruffy. even a nice 64 is tough. I think the 71-P's from some original rolls still have more likelihood of having a 66 in them. Most people don't take them to shows due to weight. So I think many of them are still unsearched.

As far as the price of the 71-P in 65 vs 76-P type I in 66, they sound way off. The 71-P in 65 is not at the $375 mark now, nor do I ever recall it being at this mark (even before the first 66 was made)

Guess I'm trying to make a case that the 76-P is at least as tough as the 71 if not tougher.

khayse

> how many could be actually Type II??? I have one

James,
Are you planning on sending it in and getting the pop fixed?
How long have you had this/how come you haven't fixed
it before?

Not trying to be a pain, just curious.

I assume the prices are in the same ballpark with the 71P holding a slight
edge (there are less 71P's in 65 than 76P's). Anyone know what the last
76P in 66 sold for?

-Keith H

Typetone

Interesting point made by Segoya, but I believe that the 71P is still a much tougher coin in 66 than a 76P Type 1. I think the 71P IKE is simply the poorest quality coin made by the U.S. mint in the last 150 years. The strike was terrible which means that they all have many original planchet scratches (even the 66s) which didn't get struck out. Most have many bag marks. I have looked at thousands, many in original rolls, and they all look bad. Most are grey toned without much luster. The 76P Type 1 is none too good either but they seem on average better than the 71Ps. Better luster, some nicely gold toned, fewer bagmarks, fewer planchet scratches. Probably more scuffs. I would assert that some of the 76 MS65s are actually better than the 71s in 66. Simply put, I can't see alot more 71s being made, while I think there could be a moderate increase in the number of 76s. Say 25 vs 40, ten years from now.

I am surprised that the number of 72s in 66 is less than the number of 71s. While the 72P was also a terrible quality issue, it still seems marginally better than the 71s. I would not have predicted fewer 72s than 71s.

At $3,500 the 71P still seems reasonably priced to me. For a key date with few attractive pieces available, I don't see a reason these can't continue to climb over $4,000. The key in purchasing one of these gem+ pieces is luster. They all have planchet scratches. Most are grey (gunmetal toned as it were) and ugly, so the brilliant lusterous ones are prized. Haven't seen a recent trade in the 76P Type 1. I would think it should be valued at about 80% of the 71P in 66.

Also watch the 76D Type 2 in 67. With 20 graded it should compare to the 71P but be somewhat lower as it compares a 66 to a 67. Right now I think the group should price at $3,500 for the 71P, $3,000 for the 76P Type 1, and about $2,800 for the 76D Type 2 in 67. The group may go up or down, but that's how I see the spreads.

Cheers

Greg S

supercoin

I think it's a tough call but I'd give the nod to the 71-P too.

I think both the 71-P and 76-P Ty1 were saved in quantity -- the 71-P because it's the first year of issue, and the 76-P Ty1 because of it's (relatively) low mintage which was hyped at the time.

Bags of both coins are of similar (poor) quality, but the 76-P Ty1 has the big advantage of being available in mint sets, where except in extreme cases the coins survive in "mint state" condition, unlike those hapless bag victims.

But I believe the king of all the 66's is destined to be the 1972. It doesn't benefit from first-year hoarding like 1971, and is not available in mint sets like 1976 Ty1.

And the current 1972 populations are shared between three types -- at least two of which cannot be denied as being required in a serious Ike set -- -- the mint changed from low-relief (Type 1) to high-relief (Type 3) partway through the year. The low-relief Type 1 coins in particular are really terrible looking coins in typical condition.

jcping

The 1971 MS66 pop shows 17 this morning and 1976 Type I MS66 stays at 16.

My vote still goes to 1971 MS66 is. I believe it is the tougher of the two. The only reason that I have is that 1976 Type one has much better luster and they are in mint sets.

I think a full grade 1971 MS66 at $3500 is a bargain price. Where could you find one?

segoja

Interesting on the pop's. These are the first two new 71-P's in MS66 made. I know that I can take one more out of the 76-P Type I in 66, making it really 15. Might there be others???

Someboby out there made them, I'm a buyer. PM me.

Thanks for the update.

khayse

Does anyone know how the '76p type 1 pop went down
one since yesterday?

Anyone know who made the 71-p's?

-Keith H