| Author |
 Replies: 38 / Views: 5,778 |
Page 3 of 3
|
|
|
|
Pillar of the Community
United States
4541 Posts |
Quote:
I DEMAND THAT THE "COIN GODS" SMILE UPON ME !
HEY COIN GOD SMILE ON ME TOO |
|
New Member
United States
8 Posts |
don't laugh but johnboy loves ikes. I look at it as not only as a
good long term investment but a small percentage loss if it never
goes any where. so you by a circ ike for 1.05 and the ike market
crashes you only lose 5%. a lot of circ ikes are au58 worth more
than a 1.05. try doing that with a Morgan it isn't going to happen,when silver goes up its for short term,a year or so and that's
it. when you need fast cash you go the bank that day and get your money with only a 5% loss. sell your morgan after driving around for
two days at four dollars a gallon your gonna lose more than 5% no matter what silver selling for.
maybe that's why people say I'm narrow minded o ya don't forget
being an idiot
|
|
Pillar of the Community
United States
1807 Posts |
I thought that all of the silver "Ike" coins were minted at the San Francisco Mint in 1971, 1972, 1973, 1974, and 1976 and these coins were either uncirculated or proof.
So are the ones that are out there those that were put into circulation?
|
|
Moderator
 United States
189215 Posts |
Correct, none of the Silver Ikes were intended for circulation. However, like any other NIFC coin, they get spent or deposited by people that inherit or steal them because they do not know any better.
|
|
Valued Member
United States
76 Posts |
It happened again. I went to the bank looking for halves and walked out with Ikes. Once again the teller came out and said they had "small half dollars, and really big ones." Needless to say the really big ones turned out to be Ikes!
|
|
Valued Member
United States
74 Posts |
How many did they have? And How many did you buy?  |
|
Valued Member
United States
372 Posts |
Hey Libertad Peso and daviscfad,
I'm in Raleigh too. I asked about dollars at my bank and the one teller showed me a plastic bin at her desk of the ones she had. I couldn't believe how many she had but it looked to be in excess of 50 of them. The bank here was also the same one where I came across all those silver and clad half dollars.
You ALWAYS have to check out the credit unions! They have a lot of great stuff!
Mike
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
I went to the bank yesterday looking for half dollars. The teller said she had $20 worth. When she handed them to me, they turned out to be Ikes. This is the fourth time this has happened to me. The odd thing is that when I ask for Ikes no one has them. So it must take luck to get them, or a confused teller!
What you and everyone is forgetting is younger people that work in banks haven't been around long enough to even know what a half dollar is. I love spending them just to watch the look on someone's face when they see one. Very, very few people today have never heard of a dollar coin and one that is even bigger than a quarter? NO, just can't happen. I've had conversations with people of all ages and mentioned 2 cent, 3 cent, 20 cent coins, really big dollar coins and some think I'm nuts when I say coins used to be made of Gold also. I go to breakfast a few times a week with a bunch of people. One guy, about 50, came in one day and said "Hey, look at this". He had a few Morgan silver dollars. "Is this what you were talking about?" He bought them at a pawn shop for $2 each. "Sure were expensive". Said there was a pile of them but another guy bought them all. SEE. MOST people are not coin collectors. |
|
Valued Member
United States
227 Posts |
Went into a fifth third a couple weeks ago asking for rolls of half dollars. She told me that they didn't have any but she had some of the big dollar coins. I said you mean the pres dollars. (Because I had stopped asking about Ikes years ago.) She goes no the older ones. She goes into her safe and pulls out a small envelope that had 8 Ikes in it.  Needless to say I bought them all. |
|
Moderator
United States
189215 Posts |
I really need to go into my credit union sometime and ask about their Ike hoard!  |
|
Pillar of the Community
Australia
1040 Posts |
Quote:
What you and everyone is forgetting is younger people that work in banks haven't been around long enough to even know what a half dollar is Aren't 1/2 dollars part of your circulating coinage?  |
|
Valued Member
United States
76 Posts |
Sean,
Half dollars don't circulate in common change. The US mint no longer releases them into circulation. There are some interesting threads in this forum about half dollars and silver hunting, though.
|
|
Pillar of the Community
United States
6326 Posts |
After the 2001 D Kennedy half is when we no longer had them "circulating".....  |
|
Valued Member
United States
76 Posts |
|
|
Moderator
United States
189215 Posts |
Quote:Didn't they really stop circulating with the release of the Kennedy half dollar in 1964? Good point. One can argue that the Kennedy half never really circulated. The 1964 was first hoarded as a commemorative, then as a silver piece, keeping it from seeing a lot of action. When the Dime and Quarter went base-metal in 1965, the Half Dollar kept some silver in it; so it was probably hoarded for that reason as well. Judging by the mintage numbers in 1971, the mint must have felt there was a shortage from all this silver hoarding. However, the damage was done and the country got on without it by using two quarters instead. |
|
Page 3 of 3
|
Replies: 38 / Views: 5,778 |
Page 3 of 3
|
First Page
Previous Page
Posted 08/08/2008 10:04 pm
