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 Replies: 43 / Views: 5,899 |
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Pillar of the Community
United States
1358 Posts |
I don't think I could find an Ike at a bank to save my life..lol
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Pillar of the Community
United States
1590 Posts |
i give my kids 10 each week in dollar coins as an allowance. last summer I was out visiting my Parents in the Napa Valley and stopped at a small local bank downtown to get the kids their allowance. The teller asked me if I wanted the large or small dollar coins. I told her I would take the Ikes and she told me that they had a bunch they have had forever and would I be interested in taking them off her hands? Long story short...I purchased a 500 count bag of Ikes at face...of course..this is a bank! The good news? One Peace dollar and two silver Ikes. So yeah, they are still out there. On the other hand I have a small business selling coins and am always offered collections, and they almost always have anywhere from a dozen to a couple of hundred Ikes in them. So as umpopular as they are people are hoarding them. |
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Pillar of the Community
United States
5862 Posts |
In my experience, the bog standard Eisenhowers (as opposed to the 40% silver or proof versions) tend to sell for around $1.25-1.50 apiece. That's not a huge premium, but it's better than anything you'll get for SBAs or the "golden" dollars.
Maybe in another 10-20 years the SBAs will also get a small premium after being out of circulation for so long. Once again, though,. don't expect too much.
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Pillar of the Community
United States
613 Posts |
I pay my kids allowance in Ikes, SBAs, Golden dollars, whatever's on hand. Kennedy half's, too, a favorite with my daughter. |
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Valued Member
United States
349 Posts |
My in laws told me that their parents gave them Ikes in their stockings for Christmas
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Valued Member
United States
349 Posts |
I haven't picked up any "new" ones, but these were inherited. Not bad to look at. Mostly bicentennial Ikes and 1979 SBA.    Edited by Weezer1878
07/17/2012 1:56 pm
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Pillar of the Community
United States
2273 Posts |
They made some 1.5 billion Ikes and it's hard to believe that with enough for every American to have about five of them that they are all in "circulation". Of course, hundreds of millions have been lost in fire and flood since the '80's. There are no reports of any being melted so one is left to suppose most of these (800 million) are probably in storage. I've seen speculation that there are still BU bags in storage but this is less likely. SBA's are mostly mixed in with the newer dollars. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
623 Posts |
I just sent 3,000 to the Phili mint for destruction.
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Pillar of the Community
United States
2273 Posts |
Quote:
I just sent 3,000 to the Phili mint for destruction.
Damaged in a fire? Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
623 Posts |
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Valued Member
United States
349 Posts |
I hope they send you a refund!
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Pillar of the Community
United States
623 Posts |
They supposedly pay $19.84/$20.00. Plus I had to pay for the shipping. This is my first batch...we shall see what happens!
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Valued Member
United States
349 Posts |
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Valued Member
United States
193 Posts |
Quote:If you want 40% silver proof Ikes, a bunch just hit the market. They are the U.S. Mint Bicentennial 3 coin proof set. 1976-s 40% Silver Proofs Ike dollar, Kennedy half, Washington quarter. All gem proofs at mintproducts.com for $22 today only. Or take your chance on ebay. $22 is a bit of a mark up if you ask me. I bought one set for $19 last year and silver was higher then. I have quite a few SBA's I get them from time to time from a change machine at work that dispenses dollar coins. Occaisionally I drop a 5 or a 10 $ bill and see what I get |
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Pillar of the Community
United States
863 Posts |
if you get the small dollars the SBA are often mixed in. they are stil very common and easily aquired. |
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Posted 07/16/2012 6:45 pm
