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Why are IKEs in Rattler Slabs so Expensive?

RampageRampage Posts: 9,689 ✭✭✭✭✭

I see a handful on eBay with decent bidding activity and I thought it was interesting. Were they not really submitted in high quantities back in the day?

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    There are also a lot of slab collectors, and others who think the coins in rattlers will upgrade. Cheers, RickO

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    braddickbraddick Posts: 25,192 ✭✭✭✭✭

    @Rampage said:
    I see a handful on eBay with decent bidding activity and I thought it was interesting. Were they not really submitted in high quantities back in the day?

    Of these, I can locate under $100. I try to purchase- but generally, they go for much more.
    I was fortunate to last a second bid on this one and won:
    https://www.ebay.com/itm/175657100375?

    I am attempting to locate a graded CLAD Ike in a rattler, and that exercise has proven improbable so far.

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    johnny010johnny010 Posts: 1,858 ✭✭✭✭✭

    @ricko said:
    There are also a lot of slab collectors, and others who think the coins in rattlers will upgrade. Cheers, RickO

    Agree with this. I'm building GEM sets for the Morgans in different slabs, and it's getting harder.

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    oih82w8oih82w8 Posts: 13,235 ✭✭✭✭✭

    Supply and demand. Rattlers can be open, coin switched out and closed back up, from what I have heard.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    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,...
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    BStrauss3BStrauss3 Posts: 3,910 ✭✭✭✭✭

    Not as far as I know. They are sonically sealed, which means the two pieces of the case are welded together.

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
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    oih82w8oih82w8 Posts: 13,235 ✭✭✭✭✭

    @BStrauss3 said:
    Not as far as I know. They are sonically sealed, which means the two pieces of the case are welded together.

    Rattlers? First Generation type? 🤷‍♂️

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    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,...
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    gumby1234gumby1234 Posts: 5,901 ✭✭✭✭✭

    Ike were worth much less 35 years ago so probably not many got sent for grading.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

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    BStrauss3BStrauss3 Posts: 3,910 ✭✭✭✭✭

    @oih82w8 said:

    @BStrauss3 said:
    Not as far as I know. They are sonically sealed, which means the two pieces of the case are welded together.

    Rattlers? First Generation type? 🤷‍♂️

    Yes

    When PCGS became aware of the counterfeit rattlers, they started by adding a band (3rd piece). Then shortly switched to a shell that had the "band" as an integral part of the shell.

    Weirdly, I haven't thought of the counterfeit original rattlers in a long time. There is a spacing difference on the reverse label that's the tell.

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭

    I had 350 pcs of IKE's in rattler holders back in the day,,,, when the new holder came out I sent all of them in for reholder in the new style slab.

    GrandAm :)
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    braddickbraddick Posts: 25,192 ✭✭✭✭✭

    @GRANDAM said:
    I had 350 pcs of IKE's in rattler holders back in the day,,,, when the new holder came out I sent all of them in for reholder in the new style slab.

    :o:o

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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭

    @braddick said:

    @GRANDAM said:
    I had 350 pcs of IKE's in rattler holders back in the day,,,, when the new holder came out I sent all of them in for reholder in the new style slab.

    :o:o

    Yea,,,,,,

    GrandAm :)
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    braddickbraddick Posts: 25,192 ✭✭✭✭✭

    @GRANDAM said:

    @braddick said:

    @GRANDAM said:
    I had 350 pcs of IKE's in rattler holders back in the day,,,, when the new holder came out I sent all of them in for reholder in the new style slab.

    :o:o

    Yea,,,,,,

    :'(

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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭
    edited April 8, 2023 4:34PM

    The new slabs looked so much better and I think it was only $2 ea to reholder them at the time.
    It also drove me CRAZY with the coins all turned of center in the rattler slabs,,,,,,,,,

    GrandAm :)
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    BLUEJAYWAYBLUEJAYWAY Posts: 11,822 ✭✭✭✭✭

    @braddick said:

    @GRANDAM said:
    I had 350 pcs of IKE's in rattler holders back in the day,,,, when the new holder came out I sent all of them in for reholder in the new style slab.

    :o:o

    The price for progress?

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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    RampageRampage Posts: 9,689 ✭✭✭✭✭

    @GRANDAM said:
    The new slabs looked so much better and I think it was only $2 ea to reholder them at the time.
    It also drove me CRAZY with the coins all turned of center in the rattler slabs,,,,,,,,,

    Do you still have all those, or have you parted with them over the years?

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    GRANDAMGRANDAM Posts: 8,785 ✭✭✭✭✭

    No, all gone

    GrandAm :)
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    Cougar1978Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited April 9, 2023 11:44AM

    I never liked rattler slabs - stacking issues, plus coin rotated in holder. As far as upgrading I would think about all of them been picked over by now. The last time sent some in to upgrade (years ago) about 50pct upgraded but the grading cost & shipping set me back to break even if not in the red. I recently bought a PCGS MS67 silver Ike for $30 off the bay (newest holder) that’s less than grading cost (after fees, shipping, insurance, etc.).

    Investor

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