Eisenhower dollars are usually in pretty good condition because people hoarded them
SoFlo
Posts: 543 ✭✭✭✭
How many do you have stashed away?
Wisdom has been chasing you but, you've always been faster
Eisenhower dollars are usually in pretty good condition because people hoarded them
This is a private poll: no-one will see what you voted for.
0
Comments
What about me with 450ish?
Most are remnants from my roll hunting days. That 400 was culled out of larger amount totaling around 6000. Those 6000 came from rolls and bags that totaled about 50,000.
Essentially the finest 1% of ikes I've come across in the wild.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
"Eisenhower dollars are usually in pretty good condition because people hoarded them"
Maybe aside from the ones used in slot machines and blackjack tables in Nevada.
I put an uncirculated/proof Dansco Ike album together - and I don't know why! Never really liked them
"When they can't find anything wrong with you, they create it!"
I have about 10-20 but I know exactly where I got them from
None slabbed. Almost all of them came from my wife's grandmother's estate so I've kept them for that reason. All AU. I have a few from mint sets and 40% silver sets from the 70s.
I have 4 or 5 raw ones that I got when I was a young lad.
They came from my father and grandfather.
A couple of them are Bicentennial.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
i remember when they were in circulation. People hated them, and they did not circulate widely. I was always excited when I encountered one, and stashed them away when I could afford to do so. A dollar was a lot of money to me back then.
I have at least one complete set. I probably have accumulated about 300 or so. I have many slabbed, raw, Blue Ikes, Brown Ikes, etc. I accumulated quite a few over many years from banks, stores, etc.
Here is a jar full that I have had for a very long time.
That A&P Olive Jar is a collectable around here. Nice find!
Other - As a Type Collector, I have a few.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
Nothing wrong with having some
I currently have 10 Eisenhower Dollars, and I know the source of all of them.
The 1971, 1971-D, 1972 and 1972-D came from a friend I knew in New Jersey, in the 1970s, when he was breaking up his collection. They came in handy when I was preparing for my educational program to my local club, which I will give on Tuesday.
The four slabbed coins came from a group I bought when I was building my type set. They are all in PCGS PR-69 Cam. holders.
I have a 1972-S "Brown Ike" I bought from the mint. I used to have them all but sold them. When the 1973-S "Brown Ike" was on the Greysheet at $275, I sold it for $210, because that was "an opportunity I could not refuse." Today it would be worth $15 with a tail wind.
I won a 1971-S "Blue Ike" as a door prize from my local club.
Just two silver ones in my 7070, that's it.
Was always amazed by the number of business struck coins meant for commerce/circulation that never quite caught on. Maybe not us but the general public.
Ikes were made to use in Casino's. They are beat up, butt ugly slugs.
bob
Best to bury them until brown
Believe it on not, a Las Vegas blackjack dealer found the discovery coin for the 1974-D Ike, that was struck on a 40% silver planchet. The estimated population is 30 pieces.
That is certainly believable. People that handle money for a living are often very aware of differences in the coins. I've found many great coins from retired Vegas casino employees, owners, etc, here in Vegas. Used to be a great source for coins but sadly that era is no longer. Very few "retired" dealers left to pick. No coins in clubs anymore, all paper crap.
bob
PS: I miss the clanking of coins into the payout bin below the machines.....nothing sounded better!
Is PG (pretty good) a numismatic term? like F (fine) or AU (almost uncirculated) ?
I probably have 100 or more in a can, with them sorted into a a few partial rolls that I kept from change maybe 30 years ago. One of these days I need to go through them and look for errors.
My US Mint Commemorative Medal Set
Totally agree
A few years ago I took mine to the bank. The first bank wouldn't take them, the second bank did. I had about 5 rolls. I couldn't even get $1.05 each them I put them out at shows. Hopefully I made a collector happy when they got them from the bank...
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
Putting them in tip jars is even better than having them... Hmm almost a paradox there...
I have 30-40 of them. I like them enough that some I have are slabbed and hopefully I will complete the set eventually. It's an interesting set considering the silver S mints, plus proofs, plus the thick and thin letters, to me it is a very attractive large coin that goes underrated.
There is a reasonable number of the business strike clads in low MS grades. The clads seem unappreciated in 66 and higher. These coins were simply not handled well by the mint or the public. At some point it seems possible the attitude towards this series will change... but not holding my breath.
Experience the World through Numismatics...it's more than you can imagine.
Other......I have a handful and I know where they are.
Nothing wrong with Ikes !
My Favorite
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
I have a set of dcam proofs - and a few stray circulated pieces.
As an aside, I was at the North Carolina Statesville show on Saturday and a buyer was looking for non-slabbed Ikes. The dealer had 15 in a bag and wanted $1.50 each for them. The seller said thanks and walked. Is that premium too high? I always thought the best you could get on circ Ikes was about $1.15 each.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Ikes are extremely popular right now. chBU's are_ wholesaling_ at $3.50 and nice attractive circs at $1.50
Casino coins and other beaters usually _retail _at around $1.25
I suspect the FED is out and banks are the only source the general public knows about, but banks get very few in now days.
I have 8 or 9, and one of them is stamped MDCXXX. Cheers, RickO
I have one of these also thx to @1630Boston
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
If anyone has looked at the TPG counts, not low or at not low for the price. Most of these coins are almost certainly going to be a Judd R-1 in PCGS 66, whether the counts are at this level now or not. Very few coins with this supply sell for more than a nominal price.
Me too!
I have about 1500 of them, I save them whenever I can get them from banks. But they are not my primary focus by a longshot.
... Except they are huge and ooogly.
If this were true then prices on uncirculated coins wouldn't wholesale at $3.50 and up.
Few people made much effort to save them because $1 was still real money in the '70's. You could find nice BU rolls for only a little more than face value but how many could anyone afford to stash. Of course there's also the simple fact most people looked at the mintages between 4 million and 117 million and saw little reason to save even one of them. So most people did not. Add in the fact that even if you wanted to save a few nice choice pieces they were exceedingly difficult to find. Large numbers of these coins even from mint sets can't even be sold as "chBU" because they are too ugly.
Speaking of mint sets you could buy most of the Ikes in mint sets for about $1.50 each in the late-'70's. But again people did not because it was expensive to save any. I'd set a few of the nice ones from sets aside but this was the exception rather than the rule.
This has been a throw away society for many years. "Consumers" are encouraged to buy and toss so resources go almost straight from the mine to landfill. Quality isn't lacking only in Ikes and everything is getting "consumed". Now large percentages of Ikes have already been consumed and all that's left are scratched, dinged, and ugly. Uncs tend to be ugly as well because this is the standard and has been for a long time.
Nice choice and gemmy Ikes are not easy to find and full Gems weren't easy to find even in 1978.
WYSIWYG. And WYS is mostly beaten up garbage. Most of the coins are long gone scattered to the four winds and now are in landfills and sock drawers all over the world.
When the 1973-S "Brown Ike" was on the Greysheet at $275, I sold it for $210, because that was "an opportunity I could not refuse." Today it would be worth $15 with a tail wind.
I remember that well. I had scrounged up 15 or 20 of the '73 brown's locally, when they were between 30 and 40 bucks. I didn't get out at the top, but I remember boxing up the deal at 180.00 a pop. Sure made me happy !
Disagree with "are usually in good condition", despite that people may have put some aside.
1) Ikes were not universally well struck, and then were not well handled after they were struck. Remaining clad Ikes and 1971S business strike silvers in unc condition are largely <65. Ikes in circ conditions are generally worth only face value (melt value at most), unless they are a 1972 Type 2 or possibly a 1971D Friendly Eagle.
2) Population reports should only be used with extreme caution in assessing "usually in good condition", because they represent selection bias - only coins though to be higher MS grades are sent in (with the exception of the uncommon low ball set submission).
3) I venture a guess that "hoarding" predominantly applied to the bicentennial Ikes, and maybe to the 1971 Ike issues.
4) A large percentage of Ikes, whether initially hoarded or not, have been destroyed - a) in the past by circulation, casino usage, b) some discarded after breaking up a mint sets, c) some lost to deterioration in brown pack, blue pack, and mint set packaging/containers, and d) more currently, the propensity to artificially tone Ikes and sell these destroyed coins on eBay.
Despite one's preference for the design features, a well-struck, early die state Ike in >= 66 is a great coin.....not "usually" found, and not because of "hoarding".
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
Hi guys hope you don't mind if I jump on your conversation, I would just like ask a question?. I read the article about the sleeper coin. I have one it's an Eisenhower, but I don't know when a good time to get it on the auction block is. Any advice?.
I would start a new threat with your question and pictures.
I don't know if they were hoarded so much as those who ended up with a bunch still have them. I have around 300 of them, which doesn't fit your poll. I have two rolls of decent BU coins. The others are mostly XF-AU. Even the BU coins have PLENTY of hits and marks. I love leaving them as tips, but carrying them around until I hit a restaurant is a bit of a drag.
I have many blue, brown, red, proof and casino ikes, they are second to all silver dollars/reales/cobs. I am not a fan of the smaller dollar coins.
I have a very strict gun control policy: if there's a gun around, I want to be in control of it - Clint Eastwood
It’s a 69dcam silver 🤓
🎶 shout shout, let it all out 🎶
@Jzyskowski1 nice looking IKE
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
I'm sorry forgive me for being so forward, I'm not wanting to show it yet but just wondering when the best time of the year to show it is. This is a one of a kind and I want to wait till the time is right. Plz forgive me I don't want to prideful and arrogant, I appreciate any info I can get.
Check eBay sold prices for an idea of what is really being realized for them. Google it. Online pcgs and ngc have volumes There are better times of the year to sell. The sold data should be available with the date sold. A little sifering and you’ll know when the last ones sold. This forum also has a buy sell trade forum free to list. Maybe get some offers. There’s a little good luck 🤓🙀
Moso231. Start a thread post some pictures there’s nothing to fear as long as you don’t post your address and hours your not home 😁
🎶 shout shout, let it all out 🎶
Besides about 350 BU’s I have a 72 Type 2 in PCGS MS65....
The only Eisenhower dollar in my collection. I purchased the blue pack, letter, and envelope directly from the congressman's estate. Part of my POTUS numismatic artifact collection.
Eisenhower Dollars might generally survive in "pretty good condition" because they were saved and did not circulate that much, but the copper-nickel business strikes have not survived in "great condition."
Here is a slide from the presentation I am going to give tonight. The data cover only the 1972-P dollar, but it is typical for the series. These coins were not well made, and many of them are in the lower levels on the MInt State scale, like 61 or 62.
I have about 20 of them kicking around. All raw.
I won one the other day but the seller was unable to find it so
they refunded my $$.
It was a 1971 s in MS65.
Found more offerings at lower prices in higher grades.
Will buy one in the near future just to have one in a PCGS slab.
Wayne
Kennedys are my quest...
My grandmother kept a group of 107 dollars, all in used condition from service in Nevada's casinos and slot machines.
I sold them on Ebay for $117 for a slight profit.
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
Between coins pulled from circulation at the time of issue, mint sets, proof sets, silver unc's and proofs, and a 100 coin minibag of '78-D obtained from a bank, I probably have close to 200.
In nearly 50 years since introduced, which lasted 10 years, I have never, never received one in change nor even seen one in a cash register, while I have upon the occasion seen and received plenty of SBA's and noticed little piles in the cash registers.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain