Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

FYI - You Can Order Ikes!

To participate in the forum you must log in or register.
First Page Previous Page  Showing last 15 replies.
Author Previous TopicReplies: 124 / Views: 9,959Next Topic
Page: of 9
New Member
United States
43 Posts
 Posted 06/15/2009  12:10 am  Show Profile   Bookmark this reply Add Desert Rat Dave to your friends list
I scored some Ikes yesterday at a Wells Fargo. The teller told me she ordered 100 of them and was surprised to see them come in two days later. I bought 40 of them off of her, not that I needed any, but because I like Ikes.

I've made a cursory run thru them. One is a 1972 in mint state. Some others look like they've seen some use and I'd doubt they'd command anything over face. I may use them to tip my favorite waitresses or something. I don't know.

It's a shame that places like Tombstone AZ and Virginia City NV don't have their merchants use these to hand out in change. The tourists would get a kick out of it. I think some other western towns with history could also use these.
Pillar of the Community
United States
2520 Posts
 Posted 06/15/2009  01:57 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list

Quote:
It's a shame that places like Tombstone AZ and Virginia City NV don't have their merchants use these to hand out in change. The tourists would get a kick out of it. I think some other western towns with history could also use these
True! I would like to see them circulate a little bit. Unfortunately, as soon as they see circulation..somebody withdraws them again. Be it a collector or somebody just saving larger denomination of coinage as a vacation fund or college tuition or as a novelty...they vanish from circulation fast.
Pillar of the Community
United States
632 Posts
 Posted 06/15/2009  03:39 am  Show Profile   Bookmark this reply Add Elimist to your friends list

Quote:
It's a shame that places like Tombstone AZ and Virginia City NV don't have their merchants use these to hand out in change. The tourists would get a kick out of it. I think some other western towns with history could also use these.


I guess I'm missing the connection with Eisenhower dollars and western towns with a history?
Bedrock of the Community
United States
12437 Posts
 Posted 06/15/2009  10:50 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list
Not necessarily a direct connection with Ikes per say, but certainly large "silver" dollars. Of course, it would never be cost-effective to give Morgans out as change so that leaves big ol' Ikes as the next best thing.
Pillar of the Community
United States
2520 Posts
 Posted 06/15/2009  11:01 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list
Exactly!
Moderator
Learn More...
United States
188130 Posts
 Posted 06/15/2009  11:57 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I bought 40 of them off of her, not that I needed any, but because I like Ikes.
I do not see any problem with that whatsoever!
New Member
United States
43 Posts
 Posted 06/15/2009  12:02 pm  Show Profile   Bookmark this reply Add Desert Rat Dave to your friends list
biokemist nailed it. I remember reading where large silver dollars circulated in the west, whereas in the east they didn't do well. In one book that I read about the Unabomber, the folks in Montana didn't trust paper dollars so the silver dollars circulated well into the sixties. Thus, a connection of sorts, between large dollar coins and the small western towns.

I know that Ikes did circulate some in Nevada. I remember a neighbor telling me that if you asked someone to break a five for you, you'd get five Ikes back.
New Member
United States
26 Posts
 Posted 06/15/2009  1:58 pm  Show Profile   Bookmark this reply Add dcrews to your friends list
I've always wondered if older dollar coins (ie Peace and Morgan dollars) were more common in circulation in their times than the mordern dollars like Ikes, SBAs, etc have been. I've always assumed that they were common in circulation, but I don't know. Anyone?
Valued Member
United States
74 Posts
 Posted 06/15/2009  5:57 pm  Show Profile   Bookmark this reply Add Marc115028 to your friends list
not to be insulting (or sounding stupid) to anyone out there. The way I understand it there was around 35 years between last Peace dollars & Eisenhower dollars being issued. I'm active Half Dollar Searcher, but cant help feel that finding silver dollar is very unlikely prospect.

New Member
United States
43 Posts
 Posted 06/15/2009  6:35 pm  Show Profile   Bookmark this reply Add Desert Rat Dave to your friends list
A long time ago someone in one of the Where's George forums reported finding a Morgan in a dollar roll.

I tend to think though, that with a 35 year layoff of dollar production that this would be highly improbable.

I do seem to recall reading where silver dollars were available or could be ordered at banks in the early 60s.

Can someone verify that?
Bedrock of the Community
United States
17884 Posts
 Posted 06/15/2009  6:36 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Except in the western states the Morgan dollars never really circulated much and the Peace dollars even less. In fact the Peace dollar was never really intended to circulate at all. The only reason for its existance was to serve as a backing for silver certificates.
New Member
United States
26 Posts
 Posted 06/15/2009  6:39 pm  Show Profile   Bookmark this reply Add dcrews to your friends list
Very intersting, Conder. I didn't know that about the Peace dollar.
Valued Member
United States
56 Posts
 Posted 06/16/2009  12:03 am  Show Profile   Bookmark this reply Add rbf to your friends list

Quote:
A long time ago someone in one of the Where's George forums reported finding a Morgan in a dollar roll.

I tend to think though, that with a 35 year layoff of dollar production that this would be highly improbable.

Actually, if you can find Ikes, I'd think it should be pretty easy to find Morgan/Peace dollars at face value too. Consider how many silver dollars are still sitting in Grandpa's dresser drawer, just waiting to be cashed in by someone who doesn't know any better. Most of the younger generation--including most bank employees--have no clue what a "silver" coin is anymore.
Pillar of the Community
United States
2520 Posts
 Posted 06/16/2009  02:02 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list

Quote:
Actually, if you can find Ikes, I'd think it should be pretty easy to find Morgan/Peace dollars at face value too. Consider how many silver dollars are still sitting in Grandpa's dresser drawer, just waiting to be cashed in by someone who doesn't know any better. Most of the younger generation--including most bank employees--have no clue what a "silver" coin is anymore.
Very true! If a few circulated bags of Ikes were able to be had, there just may be some silver in them. People on this forum that search half dollar boxes quite often find 90% jfk's, Bennies and occasionally Walkers! And sometime in the past week or so a member of this forum almost got a Peace dollar from a bank! Seems that somebody cashed in 4 silver dollars and a male teller gave 3 to other tellers and was going to keep the last one for himself. Another teller almost gave it away while he was away from his window...lol.
New Member
United States
43 Posts
 Posted 06/16/2009  12:30 pm  Show Profile   Bookmark this reply Add Desert Rat Dave to your friends list
To add to this, I never thought I'd ever encounter any red seals in my searches of $2 bill straps from the banks....but I've picked up about six of them.

I guess I'll have to hit that Wells Fargo again to get the rest of the Ikes. You never know!
Previous TopicReplies: 124 / Views: 9,959Next Topic
Page: of 9
First Page Previous Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums