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 Replies: 21 / Views: 3,268 |
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Pillar of the Community
United States
2424 Posts |
im just learning about them. got my first ike for christmas from my wife. a nice choice BU 72-s that is sitting in my 7070
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Moderator
 United States
189767 Posts |
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Pillar of the Community
United States
2661 Posts |
Quote:
Wow, 2 whole Ike fans. Nice! Quote:
What am I, chopped liver? Yeah and you make this post after I went to bed last night. I had to wait till I got home from work to read it. So I say heck yeah! Grab them puppies up at $15 each, I sure would. It would cost that just for the grading fees. |
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Bedrock of the Community
United States
19972 Posts |
Slabbed for $15 each....BUY!
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
 United States
4000 Posts |
Well, he wants more than $15 for the MS67's which is understandable.
I'm more intrigued with the old school aspect of it now. With the photos and the split grading.
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Pillar of the Community
United States
4000 Posts |
I went to pick up the Ikes last night and they are gorgeous! However, how do they guarantee authenticity under this type of system?  I mean, I have their picture and the "flip" with the corresponding serial number, but the coin is just sitting in a little baggy and could be taken out and fingerprinted if you wanted to. What's to keep someone from swapping it out with another coin? Or was this back in the day when you could trust people and leave your car and front door unlocked? Another interesting note is that they put who the coin was registered to as if they would never change ownership.  Edited by Scooby Due
01/14/2011 09:22 am
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Bedrock of the Community
United States
12437 Posts |
As odd as it may seem in this age of widely disseminated counterfeits and counterfeit slabs, the coins were just simply placed in a baggy and the photographs were the guarantee of authenticity. With a photograph from the time the coin was submitted, you match markers from the coin to the photo and it should be apparent if the coin is still in the same condition or even the same coin.
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Moderator
United States
189767 Posts |
I agree with bio. The pictures are you guarantee.
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Bedrock of the Community
United States
17884 Posts |
Yep, that was how it worked. They are actual photos so you can use a magnifier on them and match up th tiny nicks and marks on the coin to the photo to prove that it was the same coin. The problem was too many people were just too trusting and the WAS a thriving market in ANACS certificates back then. Dealers would submit a genuine piece multiple times and then sell the certificates to other dealers who had slightly lower grade coins or even counterfeits who would then use the certificate to sell their coin. Too many collectors who would buy the coin and assume the authenticity or grade just because it came with a certificate and they wouldn't bother to make sure the coin an the certificate belonged together. I remember back then listening to dealers at a show. One would come up and say "I need a certificate for a VF 14 D cent". The other would pull a pile of certificate out of his case, flip through them, pull one out and sell it to the other dealer.
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Pillar of the Community
United States
4000 Posts |
Wow, those are some interesting responses. Thanks for the input.
I guess I better put these under some glass when I get back home. The flipside is they were registered to the guy I bought them from and he had them housed in the original envelope from ANACS. So, they're probably ok, but I'll check anyway..
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Pillar of the Community
United States
1126 Posts |
Nice Pick-ups Scooby  I really like old photo grades Terry |
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Valued Member
United States
104 Posts |
ok, so, I thought I was ok, because before I bought my flips from my rude and self important coin dealer, he gave Ikes in change to a random guy that came in with his kid and went through the big coin bucket, and picked out some coins for the kids collection. NOW I see this post, looked at your pictures and feel sick to my stomach.
I have 6 left. I gave him 1776- 1976, a 1971, and a 72. They were all bright and shiny, but not uncirculated except for the bicentenial one. Luckily I have 2 more in same condition. Ya know, I shoulda listened, but I saw him give Ikes in trade and he offered me a buck a piece when I first showd him. His attitude was just awful, I showed him one peace and one Morgan and he offered me 20 bucks each for those. Of course I did not sell, and One may be a nice find. But he said nothing, acted like he was bored. I want my IKES back! LOL. Live and learn, Huh?
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Pillar of the Community
United States
4000 Posts |
Sunny, also keep in mind these are all "S" mintmarks and are 40% silver. The only modern coins I have decide to collect. But, that's for another thread. Which I may just go do now.
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Pillar of the Community
United States
4000 Posts |
I meant to mention, my local dealer also has a bucket. He charges $1.10 per Ike. It's basically just a place for people to trade for the years and mintmarks that they need.
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Pillar of the Community
United States
1126 Posts |
Those $1.10 Ike buckets are a pretty nice place sometimes I have found 4 1972 type 2's in them so far 2 March releases and 2 August releases.  Terry |
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Replies: 21 / Views: 3,268 |
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First Page
Posted 01/13/2011 1:47 pm
