The "Peacack" Hoard of Eisenhower Dollars

OneCent · May 5, 2007 5:32AM

I first read about the "peacack" hoard of IKE dollars several years back. From what I remember, evidently a bank in the southwest was having a promotion where they would give their customers or potential customers an Ike dollar. The spectacular toning resulted from the particular holder that these dollars were stored. I find these particular Ikes to be the most spectacularly toned dollars that I have ever seen.

This is the short story and I'm not entirely sure that it is accurate as I'm going by memory from an article read several years ago. I'd like to hear the long story with detail as I happen to be fascinated by these Ikes. Perhaps someone could elaborate?

SilverEagles92 · May 5, 2007 5:38AM

Are you sure it's not "Peacock?"

TomB · May 5, 2007 5:58AM

No one will tell you the entire truth because they are AT.

bushmaster8 · May 5, 2007 6:01AM

<< No one will tell you the entire truth because they are AT. >>

Ssscchhh! Sego will hear you!

DickyBetz · May 5, 2007 6:26AM

<< No one will tell you the entire truth because they are AT. >>

Gandyjai · May 5, 2007 6:27AM

The following is my opinion of PKOK Ikes......

There was an "original" hoard that is characterized with a THIN band of rainbow colors along the rim and
a neon-greenish-blue center. Many of these "Original" PKOKS were extremely high quality (especially the Clads).
Most of those made it into respectable TPG's.

These were NOT the result of a bank promotion....But it does make for a good story. They are AT and are still being
made out near Salt Lake city with the "original" recipe . The only real difference now, is that the rainbow rims are MUCH wider than the
originals....there is still the same "signature" neon-greenish-blue centers. Some of these are making it into TPG holders
and some are still popping up on eBay every now and then raw.....(beware of shills!)

There was something magical and mysterious about these wonderful, amazing Ikes way back when and they quickly grew
in popularity. That magical glimmer seems to be fading somewhat with these newly "manufactured" PKOK's popping
up in the same location. They are still nice, but nothing compared to the quality of the "original" PKOK hoard.

Just my HONEST opinion!

Brian

I LOVE

TALON HEAD, PEG LEG & ERROR IKES!

ricko · May 5, 2007 6:38AM

Here we go again.. the comedy never stops.... 'oooooo what incredible color - this is from the XXXXXXX hoard.... betcha there are some real nice ones from the Mustang Ranch.. where they were stored under the whore's beds... wait til that 'whoard' hits the market....

amazing... it never, ever stops... Cheers, RickO

poorguy · May 5, 2007 6:56AM

<<

Here we go again.. the comedy never stops.... 'oooooo what incredible color - this is from the XXXXXXX hoard.... betcha there are some real nice ones from the Mustang Ranch.. where they were stored under the whore's beds... wait til that 'whoard' hits the market....

amazing... it never, ever stops... Cheers, RickO >>

I have to admit, that made me chuckle.

19Lyds · May 5, 2007 7:01AM

Here's a very interesting thread.

And without getting into the NT/AT controversy, all I can say is that the one PKOK IKE I own has the most magnificent strike I have ever seen on an Eisenhower dollar and I wouldn't trade it for anything!

If only I cood spel or tipe everything ud bne OK

cladking · May 5, 2007 7:53AM

<< Here's a very interesting thread.

And without getting into the NT/AT controversy, all I can say is that the one PKOK IKE I own has the most magnificent strike I have ever seen on an Eisenhower dollar and I wouldn't trade it for anything!

If only I cood spel or tipe everything ud bne OK

>>

...One of the classic threads from the registry forum.

Athena · May 5, 2007 8:12AM

I find those IKEs to be quite attractive!

OneCent · May 5, 2007 12:56PM

The Thread posted as reference to the peacack hoard was fabulous. I read ever post in the 7+ page thread and would recommend that anyone interested in the background and mystique of this hoard to do the same.

My take on the whole subject in regard to the NT/AT of the PKOK Ikes is that they are NT unless proven otherwise. I don't believe that the details in the thread referenced ever proved that they were AT although a pretty compelling case was made that they weren't exactly naturally toned either. In any event, in my opinion, they are some of the most spectaculary toned top pop coins in existence. They are PCGS certified.

The AT/NT debate rages...

One item of note is that I've come to the conclusion that there are toner "haters" that will do or say most anything to plant seeds of doubt about the authenticity of toning. What motivates this I do not know, but I do know that it is real. Interesting.

TomB · May 5, 2007 1:18PM

I'm not a toner hater, but those coins are AT and PCGS didn't realize it at the time of original certification.

bestclser1 · May 5, 2007 1:39PM

<< I'm not a toner hater, but those coins are AT and PCGS didn't realize it at the time of original certification. >>

OneCent · May 5, 2007 1:40PM

<< I'm not a toner hater, but those coins are AT and PCGS didn't realize it at the time of original certification. >>

I know that your not and I respect your opinion regarding the PKOK hoard.

My comment about "toner haters" is based upon reading posts on this board for about a year. In fact, to clarify, there are those individuals that repeatedly claim a coin to be AT when the expert/professional consensus is that the coin is NT.

What is the professional consensus with the PKOK hoard? Has PCGS since recognized them as AT? Is it now the general belief of the numismatic community that they are AT? Has the alleged doctor ever come forward?

TomB · May 5, 2007 1:46PM

The linked thread you read was long, but the first post in that thread stated that the forum member submitted 25 of these coins to PCGS after cracking them out of their original PCGS holders and that all 25 were bagged by PCGS as AT. That should tell you volumes about how PCGS changed their mind on these pieces.

truthteller · May 5, 2007 1:53PM

TRUTH

OneCent · May 5, 2007 1:55PM

Funny, how after reading the entire thread I missed key information in the first post. The fact that they were all subsequently BB'd does speak volumes.

fc · May 5, 2007 2:21PM

lol. he said eisenhower.

Baley · May 5, 2007 6:07PM

the other guy said peacock

Gandyjai · May 5, 2007 9:42PM

I am not a toner-hater. In fact, I had aquired about a dozen of the "original" PKOKs when I noticed
that similar, raw ones were being "manufactured" and coming out of the same salt-Lake City area.
I also have a nice collection of roll-toned and album-toned Ikes.

Some of my PKOK's were the most beautiful Ikes that I owned (71-S in NGC 67* & 78-D in PCGS MS66 are
two that I remember the most). However, for me, the mystique of owning a PKOK wore off when the "new" ones
started popping up. I used them as trade or sold them back to the guy I bought them from and got a cool error
instead...a 74-D Struck on Silver Ike.
JMHO,

Brian

I LOVE

TALON HEAD, PEG LEG & ERROR IKES!

keets · May 5, 2007 11:09PM

i don't think it's a fact of "tone haters" or anything else like that, it's just a matter of experience with color and walking around the block a few times. most who refuse to accept the fact that some of these monster toned coins are AAAAAAAAAAAAAAATTTTTTTTTTTTTTTTTT are simply awe struck by the beauty and inexperienced. the fact that a mind is swayed and convinced because PCGS says one thing after having said the opposite is a rather convincing fact, OneCent.

oh yeah, welcome back to...........................truthteller!!!!!! it's been a long, long time since you hung your hat here.

Russ · May 6, 2007 2:40AM

<< In any event, in my opinion, they are some of the most spectaculary toned top pop coins in existence. >>

You have a cousin named Dizzyfox?

Russ, NCNE

ricko · May 6, 2007 3:02AM

ooooooooooooooooo the Battle Creek hoard... Russ, how dare you question that?

Next thing you will be questioning my Mustang Ranch Whoard....

Cheers, RickO

OneCent · May 6, 2007 3:03AM

<< 

<< In any event, in my opinion, they are some of the most spectaculary toned top pop coins in existence. >>

You have a cousin named Dizzyfox?

Russ, NCNE >>

Lol...I actually do like the BattleCreeks. Please don't tell me that they are questionable too

Russ · May 6, 2007 3:10AM

<< Lol...I actually do like the BattleCreeks. Please don't tell me that they are questionable too >>

Personally, I think they're legitimate bag toning. But, they aren't the be all end all that Dizzy thinks they are. Most are just common toners with a heaping helping of hype added in.

Russ, NCNE

clw54 · May 6, 2007 4:11AM

How can one be sure the Battle Creeks didn't have a few monsters from elsewhere thrown into the submission? We don't know. The entire thing is shrouded in mystery and people want to believe in them.

fc · May 6, 2007 4:13AM

search battle creek morgans on the US coin forums.
<< Lol...I actually do like the BattleCreeks. Please don't tell me that they are questionable too >>

from what i have read, i think they are legit.

bushmaster8 · May 6, 2007 4:47AM

The jury is still out on the BC' Morgans. Unless you own some and are in deep. In that case you are sure they are NT.

JRH · May 6, 2007 5:08AM

<< The linked thread you read was long, but the first post in that thread stated that the forum member submitted 25 of these coins to PCGS after cracking them out of their original PCGS holders and that all 25 were bagged by PCGS as AT. That should tell you volumes about how PCGS changed their mind on these pieces. >>

That's not what it said......this is what it said.....(They have sent 100% of them back in a bodybag - maybe 0 for 25). This includes several pieces that I cracked out of PCGS holders.

So, not 25, but several.

keets · May 6, 2007 9:03AM

to make up your mind on the Peacock Hoard, simply consider the reputations of some of those purported to have been involved with the coins. the key to the past is often the present and vice-versa.

Bear · May 6, 2007 9:13AM

Usually, the bigger the mystery and the hype

the bigger should be the concern and doubt.

"Trust nothing, suspect everything".

truthteller · May 6, 2007 9:21AM

Old 'peac ock' hoard supply exhausted circa 1999

New peac ock hoard continues.

TRUTH

keets · May 6, 2007 9:35AM

the Peacock Ike Dollars are AT coins and to believe otherwise is foolish.

forget the C/N theory proposed by typetone.
forget the various incarnations of the tale told about some bank promotion.
forget the theory of some relation to a holder of some type.

focus your attention on the parties involved who claim to "know" something about what the true origin is, focus your attention on the fact that no trace of history by an investigator is repeatable, focus your attention on what the passage of time has taught us(sometimes painfully) regarding toning and the efforts of the supposed doctors to fleece the flock while simultaneously fooling the TPG's. then consider that nobody(even those who were once staunch believers in the legitimacy of these coins) straight-forwardly says that the coins are naturally toned.

that is the next wave that will accomplish what might be called the Dumbing-of-Collectors™. it is phrased with the Numismatic equivalent of being politically correct--------the tone is market acceptable!!!!

IGWT · May 6, 2007 11:19AM

<< Old 'peac ock' hoard supply exhausted circa 1999

New peac ock hoard continues.

TRUTH >>

Has anyone heard anything about the Tucson Ikes?

truthteller · May 6, 2007 11:36AM

What do Peac ock Ikes and frogs have in common?

Solving this question of the universe will give you all the information you will ever want to know about the original Peac ock Ikes.

TRUTH

Gandyjai · May 6, 2007 12:51PM

The same thing that PKOKs and butterflies have in common......

They both start out as something completely different and then magically transform over a short period of time!

Missed ya TRUTH!

Brian

I LOVE

TALON HEAD, PEG LEG & ERROR IKES!

dorkkarl · May 8, 2007 3:07AM

a "story" is just that - a "story". take it for what it is.

K S

OneCent · May 28, 2008 12:03PM

mrearlygold · May 28, 2008 12:11PM

Now you know what it's CAC

segoja · May 28, 2008 12:14PM

Gandyjai hit the nail onthe head with his first post.

The bottom line is that PCGS has put them in holders, and still continues to this day to slab the original PKOK (because a portion of the name is forbidden on this site) hoard coins...so who knows better.

In any case these are magnificently toned coins and are beauties. For all those who want to dump them, I'm a buyer (first batch only)

BTW the coin in my sig line is NOT a PKOK Ike. If you want to see some click on the link in my website museum.

Many of the toned coins in this group are PKOK, some with the more vibrant rainbows are not. THe ones with the rings on color near the edge at the PKOK's. Link to Pics

19Lyds · May 28, 2008 12:28PM

AT or NT, the coins are nice to look at!

coinsarefun · September 21, 2012 4:32AM

I decided to bring up this old thread as this interests me. I never heard of it and frankly until I purchased two toned Ike Proofs.
I never really had any interest in Ikes

However this subject intrigues me and wonder if any one has any or are they still disliked as they were back then?
Have they gained any respect?

There is an interesting registry thread About them here and they seam very contrerversial

Would anyone like to weigh in and/or has any updates.....solid proof.....not hearsay please, the threads have enough of that already

I rather like this one on Ebay and looks natural to me Link here

And now for my toned proofs

1974-S PCGS PR69 DCAM Secure Plus

1971-S Ike Dollar ANACS PF65 CAMEO....soon to cross to PCGS

bestclser1 · September 21, 2012 12:31PM

<< No one will tell you the entire truth because they are AT. >>

Ah yes the AT IKES!

bestclser1 · September 21, 2012 12:33PM

<<

Here we go again.. the comedy never stops.... 'oooooo what incredible color - this is from the XXXXXXX hoard.... betcha there are some real nice ones from the Mustang Ranch.. where they were stored under the whore's beds... wait til that 'whoard' hits the market....

amazing... it never, ever stops... Cheers, RickO >>

I have seen some of them Ricko,gorgeous.LOL

Zoins · September 21, 2012 1:17PM

<< I rather like this one on Ebay and looks natural to me Link here >>

I thought this was a neat looking Ike described as a PKOK coin and liked it enough to format the seller's photos for posterity. I wasn't going to post a link to a live auction for this, but now that it's linked, please check it out.

Although the auction describes this as a PKOK Ike, the others ones I've seen have a different look. Does this coin have the PKOK look, or does it look like something else?

For comparison, this is a PKOK Ike from a PCGS announcement:

coinsarefun · September 21, 2012 1:32PM

Thanks for the PCGS link and image. Very interesting and possibly controversial Ike subject.

<< For comparison, this is a PKOK Ike from a PCGS announcement:

>>

Zoins · September 21, 2012 1:58PM

<< Thanks for the PCGS link and image. Very interesting and possibly controversial Ike subject.

<< For comparison, this is a PKOK Ike from a PCGS announcement:

>>

>>

You're welcome. I think this is a very interesting topic as well.

Here's a later March 27, 2006 Long Beach announcement also featuring PCGS 21979502.

The cert no longer verifies.

Does anyone know if this coin is still certified?

coinsarefun · September 21, 2012 2:11PM

<< 

<< Thanks for the PCGS link and image. Very interesting and possibly controversial Ike subject.

<< For comparison, this is a PKOK Ike from a PCGS announcement:

>>

>>

You're welcome. I think this is a very interesting topic as well.

Here's a later March 27, 2006 Long Beach announcement also featuring PCGS 21979502.

I find them fascinating and would like to purchase one eventually

I the mean time I am quite happy collecting the toned proofs, there are just as nice (toning wise)

The cert no longer verifies.

Does anyone know if this coin is still certified? >>

The "Peacack" Hoard of Eisenhower Dollars

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The &quot;Peacack&quot; Hoard of Eisenhower Dollars

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The "Peacack" Hoard of Eisenhower Dollars