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Question about Ikes and the PCGS Registry

How come the silver Ikes carry such little weight in the registry. I am starting to collect them in pcgs68 and they sure don't move me up the list very fast. Are they that more common than than the others in the set.
Maybe this question should go in the registry set forum, but I am just curious about the rareity of silver Ikes to the others

Jim
Successful BST transactions with lkenefic, AnkurJ, ajia, stephunter, No lawyer

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    sonoranmonsoonsonoranmonsoon Posts: 2,078 ✭✭
    They are extremely abundant in higher grades, compared to other Ikes. Remember, these were minted with silver and sold to collectors directly. They were not put into circulation, like the clads. Of course if the price of silver continues to go through the roof, you may see some price appreciation.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭
    There are 1,406 1972-S MS68 IKE's with a registry weight of 1.00

    There are 807 1973-S MS68 IKE's with a registry weight of 1.00

    There are 894 1974-S MS68 IKE's with a registry weight of 1.00

    There are 390 1976-S MS68 IKE's with a registry weight of 2.00

    There are 2 1971-S MS68 IKE's with a registry weight of 3.00

    --------------------------


    It's not so much the price/grade combination which affects the registry weight as much as it is the relative difficulty in obtaining the coin.

    Yes, some of the registry weights are a bit "optimistic" but generally speaking, obtaining a high grade Silver Business Strike is just not that difficult and the registry weights reflect that.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
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    cladkingcladking Posts: 30,118 ✭✭✭✭✭


    << <i>There are 1,406 1972-S MS68 IKE's with a registry weight of 1.00

    There are 807 1973-S MS68 IKE's with a registry weight of 1.00

    There are 894 1974-S MS68 IKE's with a registry weight of 1.00

    There are 390 1976-S MS68 IKE's with a registry weight of 2.00

    There are 2 1971-S MS68 IKE's with a registry weight of 3.00

    --------------------------


    It's not so much the price/grade combination which affects the registry weight as much as it is the relative difficulty in obtaining the coin.

    Yes, some of the registry weights are a bit "optimistic" but generally speaking, obtaining a high grade Silver Business Strike is just not that difficult and the registry weights reflect that. >>




    In my experience the only one of these that's truly common in MS-68 is the '72-S. I'd wager
    that the numbers in the long run will reflect this.
    tempus fugit extra philosophiam.
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    When I do appraisals I take all of the Ikes to the bank....Maybe lack of popularity has something to do with it
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    smallchangesmallchange Posts: 194 ✭✭✭






    --------------------------


    It's not so much the price/grade combination which affects the registry weight as much as it is the relative difficulty in obtaining the coin.

    Yes, some of the registry weights are a bit "optimistic" but generally speaking, obtaining a high grade Silver Business Strike is just not that difficult and the registry weights reflect that. >>



    Thanks, that explains a lot for me.

    Jim
    Successful BST transactions with lkenefic, AnkurJ, ajia, stephunter, No lawyer
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    << There are 1,406 1972-S MS68 IKE's with a registry weight of 1.00

    There are 807 1973-S MS68 IKE's with a registry weight of 1.00

    There are 894 1974-S MS68 IKE's with a registry weight of 1.00

    There are 390 1976-S MS68 IKE's with a registry weight of 2.00

    There are 2 1971-S MS68 IKE's with a registry weight of 3.00>>

    That is a fantastic difference between the 1971 S and 1972 S populations (1406 to 2). But here is a partial explanation for this. The 1971 S
    uncirculated strikes were packed in bags of 1,000 raw coins and shipped by rail to New York where they were packaged.

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    cladkingcladking Posts: 30,118 ✭✭✭✭✭


    << <i>
    That is a fantastic difference between the 1971 S and 1972 S populations (1406 to 2). But here is a partial explanation for this. The 1971 S
    uncirculated strikes were packed in bags of 1,000 raw coins and shipped by rail to New York where they were packaged. >>




    Interesting. Thanks.

    Some of the problem is marking but the striking characteristics of the '71-S are
    inferior to the '72-S as well and this probably plays a large role. Just finding nice
    attractive '71-S's is more difficult though these are hardly tough.
    tempus fugit extra philosophiam.
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    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>When I do appraisals I take all of the Ikes to the bank....Maybe lack of popularity has something to do with it >>

    Next time you consider taking these "S" Mintmarked Business strikes to the bank, gimme a jingle and I'll pay you triple face value for each one of them! image

    And if you come across any MS68 quality cn clad business strike coins, regardless of mintmark, I'll pay you $10 each for em. imageimage
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    19Lyds19Lyds Posts: 26,503 ✭✭✭✭


    << <i>

    << <i>There are 1,406 1972-S MS68 IKE's with a registry weight of 1.00

    There are 807 1973-S MS68 IKE's with a registry weight of 1.00

    There are 894 1974-S MS68 IKE's with a registry weight of 1.00

    There are 390 1976-S MS68 IKE's with a registry weight of 2.00

    There are 2 1971-S MS68 IKE's with a registry weight of 3.00

    --------------------------


    It's not so much the price/grade combination which affects the registry weight as much as it is the relative difficulty in obtaining the coin.

    Yes, some of the registry weights are a bit "optimistic" but generally speaking, obtaining a high grade Silver Business Strike is just not that difficult and the registry weights reflect that. >>




    In my experience the only one of these that's truly common in MS-68 is the '72-S. I'd wager
    that the numbers in the long run will reflect this. >>

    No doubt, 73-S and 74-S are much more difficult to find than the 72-S but the populations reflect a certain commonality with the coins and there are still many, many unopened original shipping envelopes of these still available. Regardless of how you view it, an 800+ population for a specific high grade is quite a few coins.
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • Options
    cladkingcladking Posts: 30,118 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>There are 1,406 1972-S MS68 IKE's with a registry weight of 1.00

    There are 807 1973-S MS68 IKE's with a registry weight of 1.00

    There are 894 1974-S MS68 IKE's with a registry weight of 1.00

    There are 390 1976-S MS68 IKE's with a registry weight of 2.00

    There are 2 1971-S MS68 IKE's with a registry weight of 3.00

    --------------------------


    It's not so much the price/grade combination which affects the registry weight as much as it is the relative difficulty in obtaining the coin.

    Yes, some of the registry weights are a bit "optimistic" but generally speaking, obtaining a high grade Silver Business Strike is just not that difficult and the registry weights reflect that. >>




    In my experience the only one of these that's truly common in MS-68 is the '72-S. I'd wager
    that the numbers in the long run will reflect this. >>

    No doubt, 73-S and 74-S are much more difficult to find than the 72-S but the populations reflect a certain commonality with the coins and there are still many, many unopened original shipping envelopes of these still available. Regardless of how you view it, an 800+ population for a specific high grade is quite a few coins. >>




    Yes. Maybe I should have said it differently.

    The only one that is common is really super condition is the '72-S. The other dates
    are little more common in 67 than they are in MS-68 but most of the '72's are nice.
    tempus fugit extra philosophiam.
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    keetskeets Posts: 25,351 ✭✭✭✭✭
    as mentioned, my understanding in the difference is that the 1971-S coins were shipped bulk in bags and thereafter the Mint tubed the coins as they do with ASE's.

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