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Disposing Of Ikes

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Pillar of the Community
1751 Posts
 Posted 03/12/2013  04:56 am  Show Profile   Bookmark this reply Add FadeToBlack to your friends list
Where are you at, Gazot? Maybe somebody who knows Ikes and is local to you can sit down with ya when you have a free evening and help you cull out what's worth something and what's just worth face.

And contrary to what some on here will say, most ikes are just worth face... I have purchased thousands from banks and searched them, taking out the nicer, higher-end UNC coins and varieties, and dumping the rest.
Valued Member
United States
165 Posts
 Posted 03/12/2013  08:35 am  Show Profile   Bookmark this reply Add Gazot to your friends list

Quote:
Where are you at, Gazot?


75 Miles North of NYC on the Hudson River. That's me on the ice out there! Thanks for the rescue rope.

Thanks
Pillar of the Community
United States
3755 Posts
 Posted 03/12/2013  11:47 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list

Quote:

And contrary to what some on here will say, most ikes are just worth face


What I have said, repeatedly, is that UNCIRCULATED Ikes are worth more than face. For that matter, as another poster pointed out, circulated Ikes go for 1.50 in a lot of dealers bins.

But yes, well circulated Ikes are usually no more than face. But again, not what is being discussed here.
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188952 Posts
 Posted 03/12/2013  2:24 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
In 1975 the Ikes were not made in 40% silver. The bicentennial clad coins were struck in 1975, giving rise to type I Ikes, and when struck in 76, type II Ikes.
There were however 40% silver Ikes struck in 1976.
Actually, they began minting the 40% Silver Bicentennial Eisenhower dollars (proof and uncirculated) in 1975 and all are Variety 1.

All Variety 2 Bicentennial Eisenhower dollars are Cu-Ni clad and were not minted until 1976 (although some may have been minted in late 1975, they were only included in the 1976 mint an proof sets).
Pillar of the Community
United States
3755 Posts
 Posted 03/12/2013  5:53 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
OK, I was not sure if they had started minting in 75 on the silvers or not. Like I said, I knew you would fix anything I goofed. ;)
Valued Member
United States
165 Posts
 Posted 03/12/2013  8:17 pm  Show Profile   Bookmark this reply Add Gazot to your friends list
Thanks everyone. I made the mistake of using a term I should have been more careful with. I have a bag of Ikes that are in a canvas bank bag. they appear to be in uncirculated or near uncirculated condition. In that same bag are about twenty rolls of Ikes. I opened one roll and the first coin on top is the one I pictured. I know for certain I have Ikes in Brown sleeve boxes, Blue envelopes and black plastic holders....dozens and dozens. I will bring the "bank" bag home this weeknd and go through them. I will post here what is in the rolls and in the bag. the proof sets and mint sets are obviously what they are.
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United States
307 Posts
 Posted 03/13/2013  06:13 am  Show Profile   Bookmark this reply Add Cali_Nick to your friends list
Ive got a bunch of Ikes to go through as well.

Turned on the coin show briefly tonite and Barry Chapell was going on and on and on about the 1973 S Ike going up in value 50 years from now. Of course he was also selling them at the time...
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 Posted 03/13/2013  10:19 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Like I said, I knew you would fix anything I goofed. ;)
Aside from that one little error, it was a very good summary.

I meant to say that yesterday.
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United States
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 Posted 03/14/2013  1:02 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Gazot, please keep us posted with plenty of pics. Really, you have a heck of a hoard there that would keep me occupied for a while. LOL
Valued Member
United States
165 Posts
 Posted 03/14/2013  9:02 pm  Show Profile   Bookmark this reply Add Gazot to your friends list

Quote:

Gazot, please keep us posted with plenty of pics. Really, you have a heck of a hoard there that would keep me occupied for a while. LOL


Will do my best to bring home this weekends and see what we are looking at. If I don't have the granddaughter I'll be in the bag (with the Ikes)
New Member
United States
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 Posted 03/16/2013  12:04 am  Show Profile   Bookmark this reply Add Shatterstar to your friends list
When I use to work in a store I had a guy come through my line he payed me in now I can't be to sure if it was in halve dollars or Ike dollars after the total came up to fifty dollars and change. So I had to count to make he gave me the the right amount so I started counting and saying one Mississippi, two Mississippi. I just assume he asked for a bunch of rolls at his bank looking to find silver, but there were no silver Ike dollars in cirulation.
Edited by Shatterstar
03/16/2013 12:05 am
Valued Member
United States
165 Posts
 Posted 03/16/2013  5:01 pm  Show Profile   Bookmark this reply Add Gazot to your friends list
Ok.First Roll out 1973 P's and they are pretty darn nice.
Want to clear up what is in the bag. My first post said bank rolls and I spoke too soon...that was my recollection but not the case so sorry for that. There are about 200 unwrapped loose Ikes in the bank bag. Some are Uncirculated and others have wear. There are 16 rolls that are not original bank rolls. Somebody put them in these rolls. I hope the rest look like this. Why would you roll 20 pristeen Ikes all the same year and mint mark and not even label the roll?



Disposing-Of-Ikes

Disposing-Of-Ikes

Disposing-Of-Ikes

Disposing-Of-Ikes
Pillar of the Community
United States
3755 Posts
 Posted 03/16/2013  10:11 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
VERY nice indeed. Lets hope the other rolls are as nice!
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Pillar of the Community
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 Posted 03/17/2013  03:33 am  Show Profile   Bookmark this reply Add SA4H to your friends list
Thank you for the update. A great resource site to help you on you research is http://www.ikegroup.info. A lot information for IKE collectors.... you may end up having a "discovery piece" in your lot.... your finding alone can be an article of its self. I fall in love with IKE thanks to these guys.

Have fun with your new adventure.... and Welcome to the Collecting World.

As a reminder, if you ever need to dispose of these IKE, before you take them to the bank, make sure you let people on here know ahead of time.... I'm sure there are a few people on here (like jbuck) who are more than willing to give you at least a dollar bill for any IKE.
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