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Which US Mint Packages Contain Ikes [eisenhower]

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 Posted 03/07/2012  12:35 pm  Show Profile   Bookmark this reply Add GR58 to your friends list

Quote:
hey GR58, Let's say you were starting from scratch and trying to put a set of Ikes together. Would you try to find the best grade coins possible (not talking about buying slabbed coins where the grade is "known" and the value is assessed based on the market... but raw in the OGP coins?

Is filling a hole the key for you or is filling the hole with the best possible coin you can find- and upgrading it if you find a better one?

I'm just curious as to which philosophy is more mainstream for album collectors and raw collectors.


CW99999 - that is a good question, and I think one you would get a lot of different opinions on. Of course the real answer wold be it is different for everyone, depending on the amount of money one is comfortable putting into a collection.

As for me I have always been one that wants to get all the holes filled, thinking I would just be happy to have it done. In my experience, I have gotten sets completed and not been as happy when I have .. problem coins in the set. And just want to upgrade. So lately I have been trying to build sets with better grade coins right from the start.

For Ike dollar sets I think it would be possible to put a high grade set together with out going to crazy on the cost. The problem would be, most collectors, including myself have a hard time being able to grade coins above MS 65. I do have a complete Ike dansco that is in pretty good grades, but I know many could be much better.

Also there is the problem of finding access to large groups of Ike dollars. Most coin shops will deposit the clad coins at their banks, and many send the 40% silver ones off to be melted.

I am thinking of doing a slabbed set, but not sure if I would break them open to put into another Dansco. of course if I can find some high grade raw ones, I would up date my current dansco
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 Posted 03/07/2012  1:58 pm  Show Profile   Bookmark this reply Add JimHSoars to your friends list
Since Eisenhower dollars were not included in the 1971 and 1972 mint sets where do most of you get good '71 & '72 uncirculated Ikes?

- Jim
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 Posted 03/07/2012  3:06 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Jim, you just have to search. There are plenty out there that are still Unc coins. You just gotta find them. A dilligent search on ebay will turn up actual rolls. I have one seller saved that I plan on getting some from.

As for cc's points. You can say that about ANY coin prior to the 90's. The higher the grade, the harder it is to find and becomes more of a key. Simply put, that 73 is the base key coin of the series. Regardless of grade, it is harder to find and consistently runs more money.
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 Posted 03/07/2012  3:32 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
I cannot help you there. My 1971 and 1972 Eisenhower dollars are average, circulated pieces.
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 Posted 03/07/2012  4:14 pm  Show Profile   Bookmark this reply Add JimHSoars to your friends list
In the above post smokeriderdon said:

Quote:
Jim, you just have to search. There are plenty out there that are still Unc coins. You just gotta find them. A dilligent search on ebay will turn up actual rolls. I have one seller saved that I plan on getting some from.
Well, short of buying a set, which takes all the fun out of finding the coins, I guess I'll have to work harder to find the unc. Ikes.

- Jim

P.S. My Credit Union dosen't have Ikes. I wonder it the other banks in town will sell me Ikes if I don't have an account there?
Edited by JimHSoars
03/07/2012 4:54 pm
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 Posted 03/07/2012  4:52 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
Great feedback- you know here's the thing about collecting. It really is all about you and what you like. What your attachment to the coin's history- the coin's design. Whether you like toning- or blast white coins... whether you want one of each of the best one ever minted. I know folks that have Ike sets that cost thirty thousand dollars or more- and I know folks that have a set in an album that they'd be happy to take $600 for if they were offered it. For this series, the high end collector is safe, in my opinion, spectacular- take your breath away Ikes- are extremely rare. I have one such Ike, it's a 73-D in MS-66 that is woefully undergraded. I can't look at it without smiling. It's my favorite coin in my collection and I could never let it go. But you don't have to drop a lot of coin to own this set- which is cool... my only advice to would be Ike Collectors is this. Think about what it is you want down the road. Do you want to have a set for fun- and not make Ikes the centerpiece of your collection? Then be a little selective and buy nicer BU coins as you run across them- don't be in a hurry- and have fun. If you want something you can sell down the road- and make a profit- be extra careful- do your research- and buy only the best quality coins you can find in the grade you want to buy at. There are MS-66 Ikes that will sell for multiples of guide price and there are MS-66 Ikes that will sell for a fraction of guide price. Protect yourself and learn the difference.

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 Posted 03/07/2012  5:11 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Certainly you want to get the best examples of any coins you collect. It really is based on how much money you have to spend. none of the coins in y Dansco are circulated. Not all super high grade, but all uncirculated. I will upgrade the lower end coins as I find better ones. I think that is the approach most folks take. And with Ikes, I think that would be the way to go. If you are collecting Morgans, you will have to lower your expectations unless you are a very wealthy person.

Jim, banks pretty much dont get Ikes anymore. While they are legal tender, they really arent a "circulation" coin. They may have them if someone turns them in, but thats usually it. I have gotten some very nice coins that way, so just be sure to ask the teller any time you are in a bank.
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 Posted 03/08/2012  11:50 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Since Eisenhower dollars were not included in the 1971 and 1972 mint sets where do most of you get good '71 & '72 uncirculated Ikes?

That's the major problem with the Ike set. The 1971 and 72 coins are not easy to come by in Unc and typically are not nice coins when you do find them.
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 Posted 03/08/2012  6:27 pm  Show Profile   Bookmark this reply Add ibab to your friends list

Quote:

hey GR58, Let's say you were starting from scratch and trying to put a set of Ikes together. Would you try to find the best grade coins possible (not talking about buying slabbed coins where the grade is "known" and the value is assessed based on the market... but raw in the OGP coins?

Is filling a hole the key for you or is filling the hole with the best possible coin you can find- and upgrading it if you find a better one?

I'm just curious as to which philosophy is more mainstream for album collectors and raw collectors.


I was taught to always by the key date coins' first and fill in the common later, because a common coin will always be a common coin. That being said, take a look at some brown and blue ikes - you can find some pretty big differences right off the bat. The average dealer isn't taking the time to really stare at them - they are just sold for their silver value and perhaps a small premium.

If you want some nice proof's - take a look at some of the pcgs pr 69 dcam - they are available en mass - and often for not much more than you'd pay to have it slabbed. if you were going the slabbed route.

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 Posted 03/08/2012  8:03 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list
most pr69dcam's aren't though. that's the problem with Ike Proofs. Get them only if they are clean and fully cameo'ed. I think about 40% of the PR69DCAMS are overgraded from my experience.
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 Posted 03/08/2012  8:43 pm  Show Profile   Bookmark this reply Add JimHSoars to your friends list
OK ibab & Carson City five 9's:

I bought my first brown Ike, a 1971, last week. It wasn't in its box, but the Mints plastic case was intact. There were also two brown Ikes with NGC tape, with a grade, wrapped around the Mint's slab. I'll begin to include slabbed Ikes in my search!

As for DCAM or DCAMS I suspect DC is for deep cameo. What does AM or AMS mean?

- Jim
Edited by JimHSoars
03/08/2012 8:45 pm
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 Posted 03/08/2012  11:29 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
DCAM is for deep cameo.
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 Posted 03/08/2012  11:36 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Let's see an image from where you got these acronyms from.
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 Posted 03/23/2012  03:04 am  Show Profile   Bookmark this reply Add SA4H to your friends list
Very informative. Thank you everyone for sharing.
I'd just googled "brown pack ikes" and this thread was on the first page.

NICE!!!
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