ANSWER: 250 1972 Ikes to Search: Guess how many Type 2s?

VTCoins · February 25, 2011 6:59AM

If any.

There are some "D" mint coins, but it looks like less than 10%.

I'll post the answer tomorrow.

edited to add the D mint info.

MsMorrisine · February 25, 2011 7:00AM

4

Rampage · February 25, 2011 7:07AM

Zero.

illini420 · February 25, 2011 7:07AM

none

VTCoins · February 25, 2011 7:11AM

I was going to set the over/under at 3.5.

Looks like Rampage and illini420 are choosing the under!

sinin1 · February 25, 2011 7:28AM

what was the source?

zero most likely

but I was shocked when I found 3 out of 2 rolls

Rampage · February 25, 2011 7:30AM

I am going based on your location, so I assume zero. I recently searched 1000 mixed IKEs (all years) and netted 7 type 2, all AU or better. I live in Florida.

VTCoins · February 25, 2011 7:43AM

<< <i>what was the source? >>

710 coins came to the shop yesterday from a somewhat non-collector. His wife worked at a bank and saved the coins as they came in.

I'm pretty confident he did not search them.

<< <i>I am going based on your location, so I assume zero. I recently searched 1000 mixed IKEs (all years) and netted 7 type 2, all AU or better. I live in Florida. >>

I usually find a few when I search my bulk Ikes.

Found two Type 2 Ikes out of 100 coins

19Lyds · February 25, 2011 8:06AM

Just for grins I'll guess 8 since your in Vermont and if I recall correctly, the Type 2 was first found in the New England Area.

keets · February 25, 2011 8:38AM

going on the basis of the coins not having been searched i'll take a WAG:

1972-D-----18.

Type One-----100.
Type Two-----2.
Type Three-----130.

smallchange · February 25, 2011 9:45AM

I know the type 2 is the hardest to find. Are type 3's that common. I have one graded by PCGS in the old green holder but it is not marked type 3. I registered it in my Ike registry set and it showed up as a type 3. It is a ms 65 clad, I paid quite a lot for it but I am very happy with it.

cmerlo1 · February 25, 2011 10:34AM

What Rampage said. Zero (but I hope I'm wrong!)

foodude · February 25, 2011 1:04PM

zero

numobri · February 25, 2011 2:10PM

I'm in the "under" thinkers.

Brian

GrumpyEd · February 25, 2011 2:33PM

I'll guess 4

ProofArtworkonCircs · February 25, 2011 2:37PM

If the source were a live source, I would say 38. But they were collected over time, so probably not. I really have no good idea under those circumstances. I will go with 3.

morgandollar1878 · February 25, 2011 2:40PM

I will guess 4 type 2's.

DRG · February 25, 2011 6:10PM

Smallchange, all 1972 Ike's graded by PCGS before they started to designate the 3 types default as Type 3's when registered with PCGS. This does not mean the coin is actually a Type 3. It could just as easily be a Type 1 or even a Type 2.

I could not be sure from your post but it sounded like you were saying that it was a T3 based soley on the fact that it showed up that way when you registered it. If that is in fact the case you should check the coin out. Maybe you will be REALLY lucky and it is a T2!!

DHeath · February 25, 2011 9:06PM

The last truly unopened roll of 72-P I found had four mid-roll. I'd guess 10-12.

VTCoins · February 25, 2011 11:08PM

Any more guesses?

I'll post results at noontime.

dsessom · February 25, 2011 11:14PM

I'll guess a couple (2).

ModernDollarNut · February 26, 2011 12:14AM

If the dollars were collected over time by a Vermont bank teller it's likely they had been cherried before being turned in to the bank, hence maybe one circ T2 that got by. Sad but true, Ikes have become the target of cherry pickers and the low-hanging fruit is not as abundant as it was in past years. Blame the Ike Group. . .

If some one turned in a stash that had been sequestered for a couple of decades by a New Englander, then Keets and Lee are on the mark with two or three T2's, one or two being the March Release Variety. If the original source was central east coast and Florida, August Release Variety would dominate by roughly 10 to 1.

It's cool that a surprising percentage of circulated T2's are graded MS by PCGS because many were so dull rub doesn't show well. Rob

ProofArtworkonCircs · February 26, 2011 1:22AM

<<The last truly unopened roll of 72-P I found had four mid-roll. I'd guess 10-12.>>

I am curious. Do you know in what part of the country this roll came from? Were the coins the March or August release?

edited to delete stutter.

VTCoins · February 26, 2011 2:22AM

Alright ... the number everyone has been waiting for ... I found three Type 2 coins.

An AU50 and two AU55 coins.

Thanks for the guesses.

DHeath · February 26, 2011 6:08AM

Congrats Tim, and all the better guessers.

I am curious. Do you know in what part of the country this roll came from? Were the coins the March or August release?

I am afraid I do not, but the wrapper was tan, with rolled ends. The roll yielded one 62, two 63's, and one 64, all PCGS.

MsMorrisine · February 26, 2011 6:35AM

3's better than 0.

good deal

VTCoins · February 26, 2011 7:33AM

<< <i>3's better than 0.

good deal >>

I agree.

I just sorted around 500 more coins (all dates) and found two more Type 2s. No 1971-D FEVs in the 1,200 total I sorted, though.

crypto79 · February 26, 2011 7:35AM

7, they're scarce not that rare

IrishMikey · February 26, 2011 8:29AM

FEV's and March and August Type 2's? Who else wants to throw in the towel when confronted
with this type of specialized variety detail?

ModernDollarNut · February 26, 2011 9:17AM

Irish, the FEV is THE Ike Variety with its distinctly different reverse and multiple naked eye features plus an interesting history: those of us looking for it will do well in the years to come when it takes its rightful place in PCGS Ike Registry sets and Numnismatic catalogs and thereby becomes better known.

Likewise, the two 72(P) T2's have a good story and can be distinguished by loupe with confidence (thanks to Ike fan John Roberts) so these two will also become keys for Ike collectors in time.

Just think, 10 years ago nobody paid any attention to the three 72(P) Ikes (except the remarkable Herbert P Hicks who wrote a definitive account in 1974 that still stands my hair on end). Rob

Stew · February 26, 2011 10:15AM

(except the remarkable Herbert P Hicks who wrote a definitive account in 1974 that still stands my hair on end)

Amen to that

ANSWER: 250 1972 Ikes to Search: Guess how many Type 2s?

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