Stupid question about 72S Ikes...........

DBSTrader2

........but why weren't they included in the regular Proof sets that year?

Thx!

- - Dave

fcloud

They are made of 40% silver and the sets were clad. The Ike's were sold individually only the designer was the one who fought for the high sale price. I think they originally sold for $10.00 from the mint which was a lot for what you got.

edited to add: The same goes for 1971, 1973, & 1974

Overdate

For whatever reason, the mint did not include clad Ikes in the 1971 and 1972 proof sets. From 1973 to 1978 they were included - all of the clad proof Ikes are from proof sets.

40% silver proofs were sold for $10 each as individual coins from 1971 to 1974, and 40% silver uncirculated Ikes were sold individually for the same years at $3 each.

40% Silver Bicentennial Ikes were only available in 3-coin sets (quarter, half and dollar) in both uncirculated and proof - issue prices varied because they were available from the Mint for several years, and the price of silver kept changing.

DBSTrader2

Thanks! So all 72S are silver vs any versions out there as Clad?

ProofArtworkonCircs

<<Thanks! So all 72S are silver vs any versions out there as Clad?>>

All 72 S mint are silver. Non S were cupro-nickel business strikes.
Philadelphia had 3 varieties of them that year.

CaptHenway

The Mint could theoretically have made copper-nickel clad Ikes in 1971 and 1972, but did not. I have never heard a good reason why. It is possible that it was a deliberate move to encourage the sale of the 40% silver Proofs at $10 each, but that is just a guess.
TD

ProofArtworkonCircs

<<The Mint could theoretically have made copper-nickel clad Ikes in 1971 and 1972, but did not. I have never heard a good reason why. It is possible that it was a deliberate move to encourage the sale of the 40% silver Proofs at $10 each, but that is just a guess.
TD >>

One reason for no proof cupro-nickel Ike's in 1971 might be the die steel. Proof dollars were in higher relief and cupro-nickel is hard. They had enough trouble with dies sinking with the low relief cupro-nickel dollars for circulation.

fivecents

The Mint did the same in 1999. The 1999 SBA proof was sold seperate packaging from the silver and clad proof sets. Same with the 1999 mint sets.

frnklnlvr

Are there any known off-metal errors mistakenly struck in clad?

segoja

Several Off Metal Ikes

74-D, 76-D and 77-D in Silver and a 73-S in Clad (All Mint State)

Overdate

<< <i>The Mint did the same in 1999. The 1999 SBA proof was sold seperate packaging from the silver and clad proof sets. Same with the 1999 mint sets. >>


The reason was that the 1999 Susan B. Anthony dollar was not announced and struck until August of that year, when the government's supply of SBA's was depleted. They had hoped to be able to wait for the new 2000 Sacagawea dollars, and not strike any in 1999, but demand (mainly for use as mass transit tokens) overtook remaining supplies, and the 1999's were struck to fill the gap.

By the time it was decided to strike the last batch of SBA's, the 1999 proof and mint sets were already on the market, so the collector versions of the SBA were issued separately.

Overdate

<< <i>The Mint could theoretically have made copper-nickel clad Ikes in 1971 and 1972, but did not. I have never heard a good reason why. It is possible that it was a deliberate move to encourage the sale of the 40% silver Proofs at $10 each, but that is just a guess.
TD >>


Interestingly, the debut year of clad proof Ikes (1973) was also the only year of the series that no Ikes were struck for circulation - 1973 Philly and Denver Ikes were only available in that year's mint sets.