Sorting Ikes

VTCoins

It has been a year and half since I last sorted Ikes. Decided to bust open the box.

I have only done the 1971 and 1972 dates, and here is what I came up with:

Two 1971-D FEV out of about 75 1971-D coins.
Four 1972 Type 2 out of about 225 1972 coins.

Not too bad!

sinin1

big score on the 72 type 2's

how do they grade?

VTCoins

One looks to be an MS63 and the rest are sliders.

One of the coins was covered with glue gunk on the reverse, and I almost did not check it. Glad I did! Acetone took the gunk right off.

Just finished the 1976 Ikes and pulled out the Type 1 coins.

ProofArtworkonCircs

<<I have only done the 1971 and 1972 dates, and here is what I came up with:

Two 1971-D FEV out of about 75 1971-D coins.
Four 1972 Type 2 out of about 225 1972 coins.>>

Were the type 2 March or August release?

19Lyds

Not too bad!

ricko

Life's little surprises.... nice finds. Cheers, RickO

DrBuster

Cool!

I've got a 100 bag to go through myself. Have absolutely no clue what to look for though. Research time.

VTCoins

<< <i><<I have only done the 1971 and 1972 dates, and here is what I came up with:

Two 1971-D FEV out of about 75 1971-D coins.
Four 1972 Type 2 out of about 225 1972 coins.>>

Were the type 2 March or August release? >>



Not sure.

What is the best diagnostic to determine this?

Is one rarer than the other?

ProofArtworkonCircs

Here is an article on how to identify the varieties.

http://www.anacs.com/contentPages/ShowArticle.aspx?ID=51

Most, but not all, March ones have a die crack on the reverse. It starts off as a line from the top of T to E in STATES. In later stages there is a thin spidery involvement of the whole word.

We find the obverse dot under N of IN quite obvious once you have seen it. It is shown in the article and is best seen by wiggling the coin and looking for a flash of light from this rather small dot.

The March is the scarcest, but some were released in the New England area and I don't think the August was. Rob Ezerman has made estimates on the two releases, but I don't have them at hand at the moment.

anablep

I've been spending about $150 in Ikes around town, at restaurants, bars, bagel shop, etc.

I get a kick out of people's responses.


I found 1 Type 2 1972 amongst those of that date. The rest are back into circulation...

Gandyjai

Check out your FEV's for scarce to rare Varieties as well.
~There are at least (2) D/D WRPM FEV's.
~A rare pivoted Hub strong DDO FEV.
~A rare Peg Leg clashed Die FEV.
~Some pretty cool die crack FEV varieties as well.

For your other circulated Ikes, there are now (8) Different D/D RPM's. You can also check for clashed dies, Peg Legs, Talon Heads (single or multiple), and UDU's "Upside Down U's" on the Obverse.

There has been a lot discovered in Ikes in the past few years. Best place to get this new info is from the Ike Group at:
ikegroup.org

Happy Hunting!
Brian

I Love Variety & Error Ikes!

19Lyds

<< <i>Check out your FEV's for scarce to rare Varieties as well.
~There are at least (2) D/D WRPM FEV's.
~A rare pivoted Hub strong DDO FEV.
~A rare Peg Leg clashed Die FEV.
~Some pretty cool die crack FEV varieties as well.

For your other circulated Ikes, there are now (8) Different D/D RPM's. You can also check for clashed dies, Peg Legs, Talon Heads (single or multiple), and UDU's "Upside Down U's" on the Obverse.

There has been a lot discovered in Ikes in the past few years. Best place to get this new info is from the Ike Group at:
ikegroup.org

Happy Hunting!
Brian

I Love Variety & Error Ikes! >>



So tell me Brian, what do you think of this talon head?



It even comes with a "gopher hole"!



Moon gophers! Pesky creatures!

Or would that be a mole trail? Moon Moles!

VTCoins

<< <i>Here is an article on how to identify the varieties.

http://www.anacs.com/contentPages/ShowArticle.aspx?ID=51

Most, but not all, March ones have a die crack on the reverse. It starts off as a line from the top of T to E in STATES. In later stages there is a thin spidery involvement of the whole word.

We find the obverse dot under N of IN quite obvious once you have seen it. It is shown in the article and is best seen by wiggling the coin and looking for a flash of light from this rather small dot.

The March is the scarcest, but some were released in the New England area and I don't think the August was. Rob Ezerman has made estimates on the two releases, but I don't have them at hand at the moment. >>



Thanks for the link.

All four of the coins I found are March releases.

VTCoins

<< <i>Check out your FEV's for scarce to rare Varieties as well.
~There are at least (2) D/D WRPM FEV's.
~A rare pivoted Hub strong DDO FEV.
~A rare Peg Leg clashed Die FEV.
~Some pretty cool die crack FEV varieties as well.

For your other circulated Ikes, there are now (8) Different D/D RPM's. You can also check for clashed dies, Peg Legs, Talon Heads (single or multiple), and UDU's "Upside Down U's" on the Obverse.

There has been a lot discovered in Ikes in the past few years. Best place to get this new info is from the Ike Group at:
ikegroup.org

Happy Hunting!
Brian

I Love Variety & Error Ikes! >>



I wish I had the time to look for all the different varieties. The only coins I looked for were the 1971-D FEV, 1972 Type 2 and 1976 Type 1.

I will look for different varieties when it comes to the silver and proof coins.

It took me quite awhile to find the Ike Group web site. I think they need to add something to their web site so that Google can find them easier.

ModernDollarNut

Us New Englanders are lucky to live in the zone of distrubution by the Philly Mint of the March T2's. I have to believe they will prove to be about 10 times scarcer than the August release.

The August release had a die clash half way into its die's life, leaving a tiny "Talon Tip" on Ike's temple, a secure naked-eye or loupe marker for the second half of production. The oldest die states of this Variety are quite advanced, well into early LDS which is about as far as the Mint pushed their new 52100 tool steel dies, corresponding to roughly 200,000 coins

The March releases reverse die-crack likely killed off that Variety in middle MDS. If its high relief reverse was of the older W2 steel, assume 10,000 produced. If of the 52100 steel (I think more likely), figure on twice that number, or 10% of the August T2 release.

In time, the March release should acquire a nice premium and MS64 will be pricy, 65 out of sight when (not if) PCGS adds both varieties to its Registry listings.

Tim, way to go! There is still some low hanging fruit in Ike land but more and more it is to be found in older hoards.

Know that PCGS seems to grade T2's somewhat generously in the slider range, take a shot, you might get some 63's. The reason may be the superior luster of March T2's: the reverses can be knock out and even the obverses can look sharp thanks to relatively early die state. They look good in hand even when they've "been around the block". . .

Rob

VTCoins

<< <i>Us New Englanders are lucky to live in the zone of distrubution by the Philly Mint of the March T2's. I have to believe they will prove to be about 10 times scarcer than the August release.

The August release had a die clash half way into its die's life, leaving a tiny "Talon Tip" on Ike's temple, a secure naked-eye or loupe marker for the second half of production. The oldest die states of this Variety are quite advanced, well into early LDS which is about as far as the Mint pushed their new 52100 tool steel dies, corresponding to roughly 200,000 coins

The March releases reverse die-crack likely killed off that Variety in middle MDS. If its high relief reverse was of the older W2 steel, assume 10,000 produced. If of the 52100 steel (I think more likely), figure on twice that number, or 10% of the August T2 release.

In time, the March release should acquire a nice premium and MS64 will be pricy, 65 out of sight when (not if) PCGS adds both varieties to its Registry listings.

Tim, way to go! There is still some low hanging fruit in Ike land but more and more it is to be found in older hoards.

Know that PCGS seems to grade T2's somewhat generously in the slider range, take a shot, you might get some 63's. The reason may be the superior luster of March T2's: the reverses can be knock out and even the obverses can look sharp thanks to relatively early die state. They look good in hand even when they've "been around the block". . .

Rob >>



Thanks for the info Rob!

I may have to sock these away until the true market builds.

I have 1,000 Ikes leftover that I am going to wholesale (if you need them).

ModernDollarNut

Tim, PM sent. Rob