1971-D MS65 "FEP" IKE Sells for $333.33
GRANDAM
Posts: 8,763 ✭✭✭✭✭
GRANDAM
Posts: 8,763 ✭✭✭✭✭
GRANDAM
Posts: 8,763 ✭✭✭✭✭
Comments
were on that one.
Number of hits were 647 for the FEP ~vs~ 483 for the Type 2. Both coins started at the same time and ran
for 10 days.
Brian
I Love
just completed 3d tour to Iraq and retired after 28+ years in the US Army
Nice score Brian! Very nice score!
The name is LEE!
<< <i>There were 46 watchers on the FEP ~vs~ 38 watchers for the Type 2 in NGC 64 that was up with it.
Number of hits were 647 for the FEP ~vs~ 483 for the Type 2. Both coins started at the same time and ran
for 10 days.
Brian
I Love
Any Ike nut who is rooting for the FEP to be attributed by major TPG's owes Brian a big THANK YOU. He deserves our thanks for having the cajones to put up a PCGS MS65 FEP on EBay!
To put this in perspetive, if anyone here thinks MS65 FEPs are plentiful, I have gathered around 35 BU FEPs over the past 18 months from around 100 BU 71-D rolls - not one has graded PCGS MS65, 8 graded MS64 (on re-submission) and the rest MS63.
Over that same time and searching almost as many BU 1972 rolls, I have secured six MS64 Type 2's and over 30 MS63's and 62's.
Based on this personal experience, it looks as if MS65 FEP's will be scarcer than MS64 '72 T2's and if that proves out, the MS65 FEP should eventually sell between T2 MS64 and MS65 prices.
So Brian has sacrificed an MS65 FEP to take us a step closer to FEP attribution, building on David R Golan's ground-breaking work , and helping in a big way to bring this interesting Ike to the attention of Ike collectors and TPG's.
Brian, thanks! Rob
Questions about Ikes? Go to The IKE GROUP WEB SITE
Carolyn
Now who will be the first to test the water with an MS66 FEP?
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>Excuse my ignorance but what is an " FEP" Ike? I don't know much about them but I have a lot of them since I buy everyone I can that comes through our branch.
Carolyn >>
Check this Ebay guide on the Friendly Eagle Pattern . It has some pictures.
_______________________________________
I was pretty amazed with the results myself!
The winner did get a very nice example....and to second what Rob said....They are very tough to find that nice!
<<Now who will be the first to test the water with an MS66 FEP>>
I don't know....but I know that I'll be bidding!
Brian
I Love
It took me 2 years to find it!!!
TOUGH coin in MS66!!!!
GrandAm
<< <i>Anybody out there got a 1971-D FEP in a PCGS MS67 Holder??? >>
I saw one last month in a NGC holder MS-67. It was beautiful, it looked better then the 1972-S, 1973-S or 1974-S PCGS MS68 Ikes that I have.
just completed 3d tour to Iraq and retired after 28+ years in the US Army
Aaron
<< <i>Anybody out there got a 1971-D FEP in a PCGS MS67 Holder???
GrandAm
You mean of the 14 that exist in MS67 holders Gary??
Now that would be sumthin!
The name is LEE!
<< <i>As the new owner (on paper at least, still checking the mail every day) of this IKE, I hope long term I didn't go crazy and overpay. This sure cost a lot more than my 71-D 66!!
By the way, the transaction with Brian has been excellent.
Thank you, Brian, for making this available!
Aaron >>
Aaron, I expect that price will double in a year or two... IMHO you did well. Rob
Questions about Ikes? Go to The IKE GROUP WEB SITE
These would be followed by the 77-D, 78-D, 76-D T1 Fading pegleg, 74-D, 72-D and 71-D along with the 72 T1 Pegleg. The proof coins have peglegs as well with the 71-S being the most common. Yes I know its just a die state but so is the 1922 Plain Lincoln and the 37-D Buffalo 3 legger.
Then there's the single, double and triple Talon Heads. Die states as well but some of these are very prominent on the surface of the coin!
Follow that up with recognition of the doubled die coins that are out there, of which the FEP has several and the 71-S Pegleg has at least one, and you'd have a very interesting Varieties collection with some increased interest in these Modern Dollars.
Hello!
PCGS!
This would increase the number of submissions and designation reviews!!!
Congrats Aaron on your acquisition. I'm sure that in the long run you will NOT be disappointed! Thats a fairly strong strike on the reverse and if you look closely you can spot up to 7 Islands off the coast of Florida. Late die state coins get the islands all mushed up so that they look like only four but the better strikes show a lot of islands!
The name is LEE!
<< <i>You mean of the 14 that exist in MS67 holders Gary?? >>
Lee,
Yes, I am wondering if any of the current 14 PCGS MS67 1971-D IKE'S are "FEP"s?
I know mine ISN"T and that would be a BIG coin if it exists!
GrandAm
Thanks for the kind words! I don't think that you will be disappointed! I've been searching very hard for these for
three years and have only been able to make (8) in PCGS 65.
Gary,
There are (9) possibilities.....Of the (5) 71-D's in 67 in the registry with True View...none are FEP's.
A PCGS MS67 FEP would probably trump a 72-P Type 2 in PCGS 66....(IMHO)
Brian
I Love
I think the MS66 is going to be a tough coin to achieve.
The name is LEE!
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
I found one in a PCGS MS66 holder at FUN this year.......'Had to pay $175 for it!!
They can be found already slabbed in some dealer's inventories....with no premium.
However, I have a feeling they won't be there much longer!
Brian
I Love
NOW YOUR TALKIN'!!......(Don't forget the "Chopped E")!
But, really.........
As far as I know, there are no FEP Talon Heads (single, double or triple), and no Peg Legs (faded or straight).
The only FEP errors I know of, are (2) FEP's with small clips....One in AU and one MS.
Brian
I Love
P.S. If any one has an error FEP they can part with....please PM!
Your opinion please.
edited to fix link
<< <i>Potential cross candidate?
Your opinion please.
edited to fix link >>
Well its certainly possible but the hair on the obverse is a little weak along with the IN in the motto and the reverse has a few too many chicken scratches IMO.
If you have that coin in hand I'd be happy to give it a real close inspection though!
The name is LEE!
Although VERY nice.....
I don't think it would cross to PCGS for the following:
~Slight chatter by rim on obverse at K-9....maybe a spot by the L?
~slight mark from B through E (might be on plastic?)
~Print from R through T
~ever-so-slight mark on cheek
~Field chatter to right of Eagle on reverse
While these are very nit-picky things by themselves...all together I think they would keep it out of a PCGS MS67 holder.
This is still a whopper of an FEP that has some very attractive end-of-roll toning. A few of these FEP's
seem to tone the same strange violet-ish/blue-ish color by being in contact with those brown paper rolls for a long
period of time. This color is distinctly different from other non-FEP 1971-D's stored in the same types of rolls.
Even if it doesn't cross to a PCGS 67......I would say that it still deserves a premium for the toning!
Brian
I Love
<< <i>Potential cross candidate? >>
From the pictures supplied, I would say a great MS66 at PCGS. Looks like minute luster breaks/scratches putting the Kybash on the eye appeal. It can be VERY dangerous buying a top pop IKE in an NGC holder if you are looking for investment type value.
My recent rant here...(scroll down)
Now if you're buying to collect and just plain like the coin, as many people do, let no price stand in your way.
I have found a half dozen of the forehead talon marked coins, I think they are neat looking.
that's 71 d ikes....are they common? they seem to be higher grade except for one weak struck, all are BU.
<< <i>
<< <i>There were 46 watchers on the FEP ~vs~ 38 watchers for the Type 2 in NGC 64 that was up with it.
Number of hits were 647 for the FEP ~vs~ 483 for the Type 2. Both coins started at the same time and ran
for 10 days.
Brian
I Love
Any Ike nut who is rooting for the FEP to be attributed by major TPG's owes Brian a big THANK YOU. He deserves our thanks for having the cajones to put up a PCGS MS65 FEP on EBay!
To put this in perspetive, if anyone here thinks MS65 FEPs are plentiful, I have gathered around 35 BU FEPs over the past 18 months from around 100 BU 71-D rolls - not one has graded PCGS MS65, 8 graded MS64 (on re-submission) and the rest MS63.
Over that same time and searching almost as many BU 1972 rolls, I have secured six MS64 Type 2's and over 30 MS63's and 62's.
Based on this personal experience, it looks as if MS65 FEP's will be scarcer than MS64 '72 T2's and if that proves out, the MS65 FEP should eventually sell between T2 MS64 and MS65 prices.
So Brian has sacrificed an MS65 FEP to take us a step closer to FEP attribution, building on David R Golan's ground-breaking work , and helping in a big way to bring this interesting Ike to the attention of Ike collectors and TPG's.
Brian, thanks! Rob >>
I actually put up my 1971 D MS 66 FEP RDV 006 on Ebay about six months ago for $2500.00. Offers went as high $1500.00 then, and I continued to get offers after the auction ended, and decided not to sell. Some of the offers came from board members.
I now own the 66, multiple 65's a 64 and a group of ten yet to be graded.
<< <i>lee, really enjoy your posts. I think Ikes are a great series.
I have found a half dozen of the forehead talon marked coins, I think they are neat looking.
that's 71 d ikes....are they common? they seem to be higher grade except for one weak struck, all are BU. >>
Well thank you.
The talon head can be found on all the D series of IKEs with the exception of the Bi-Centennial coins for obvious reasons. They exist on the 1972 T3 as well. As a matter of fact I just submitted a 1972 T3 with a double talon. The coin will not grade that high but its the first Double I've seen on a T3.
Talons can be large, small, or barely visible. They can also be doubled and in some cases tripled.
Here's a 1971-D Single.
Here's a 1971-D double.
Here's a 1972 T3
Here's a 1977-D Single. The 77-D's are typically small. Some are prominent while athers are not.
And here's a 1978-D Single which you don't run across too often.
As far as commonality on the 71-D's, yes they are fairly common and come in all types and shapes.
The name is LEE!
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
The name is LEE!
milk is a half a gallon, lets go from there......
<< <i>Djord, is yer 66 FEP PCGS? >>
Bushmaster Yes it is, They are all PCGS