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What's The Fascination With Ike Dollars?

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Cascade's Avatar
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 Posted 06/29/2016  2:48 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
What ever happened to the members that posted in that thread jbuck?
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jbuck's Avatar
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 Posted 06/29/2016  2:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Too funny, I was just thinking the same thing!

A lot changes over eight plus years.
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Darth Morgan's Avatar
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 Posted 06/29/2016  8:03 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I kept the first two that I ever received and have held on to every one since.


And this behavior has allowed you to accumulate how many?
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Cascade's Avatar
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 Posted 06/30/2016  12:31 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I think he's at about 6
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jbuck's Avatar
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 Posted 06/30/2016  2:12 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
There are 36 in the 8176, two in the 7070, and three in 2x2s (including the 'J' buck in my avatar).

Yeah, not a lot...

Which shows you how many I have come across in the wild. It is not from a lack of trying though. I think getting not one, but two in change over 38 years is probably pretty impressive.
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 Posted 07/01/2016  04:41 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
I have about 50 of these encased Ikes:

What's-The-Fascination-With-Ike-Dollars?

I'm unsure of what the correct name is for this type of Ike in a hard plastic black cover box. Almost all of my Ikes in these type of cases have totally oxidized with a whitish haze.

Each coin does not look scratched and the cases have never been opened.

I would like to get some feedback on whether or not it is worth cracking these Ikes out of their black rectangular plastic cell.

What type of significantly valuable varieties for these particular enclosures only would warrant a crack-out?

Based upon experience and past results what would be the probability of uncovering an MS69 or MS70 from one of these cases? In light of the fact that my coins have that annoying haze is it even possible to determine an MS grade by looking through the plastic case?

Also, how many out there have actually removed an Ike from one of these cases and what type of luck did you have?

Or would taking an Ike out of its plastic case lower its value if one of those highly-sought-after varieties or upper mint state grades is present?

I'd like to get some ideas on what the overall average market perception is for the answers to the above questions etc.



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Cascade's Avatar
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 Posted 07/02/2016  09:31 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Is it just me or does anyone else picture this song playing every time Jbuck opens the cabinet to where his ikes are stored

UIVe-rZBcm4
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Darth Morgan's Avatar
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 Posted 07/02/2016  5:12 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I would like to get some feedback on whether or not it is worth cracking these Ikes out of their black rectangular plastic cell.

What type of significantly valuable varieties for these particular enclosures only would warrant a crack-out?

Based upon experience and past results what would be the probability of uncovering an MS69 or MS70 from one of these cases?


With this many I would leave them in their cases until I decided to make sets with them. The packaging, at least in my opinion, doesn't add any value. They are what they are. The probability of uncovering an MS69 or MS70 is impossible. These are PROOF coins, so they would grade as PR67, 68, 69, etc.

There may very well be some PR69DCAM Ikes in that lot. This is the most you can really hope for. PR70DCAM Ikes are rare, but you never know.

As far as varieties go, the 1971-S DDO Ike attributed as FS-103 and the 1971-S DDR attributed as FS-801 are TOUGH, and you would need members of the Ike Group to attribute them properly. You simply cannot trust the TPG to do it correctly. They have incorrectly attributed more of the FS-103 than anything else. I had an FS-106 DDO that was misattributed as an FS-103, but at least they corrected it.

But those varieties are nowhere near as cool as the 1971-S Nightcrawler. This is a hubbed-through reverse, single-die variety, of which less than 20 are currently known. I'm the lucky owner of one of these. It was created when a linear shard of die metal slid off the eagle's left leg and embedded near the talon, giving the appearance that the eagle is clutching a worm ("nightcrawler"). Here is a close-up image of my nightcrawler so you can see what I'm talking about. Follow the red arrow . . . .

What's-The-Fascination-With-Ike-Dollars?

So, if I were you I would look at every 1971-S in that lot to see if any of them contain the nightcrawler. You don't even need a loupe to see it, as long as your eyesight is OK.

Please let us know the results!
Edited by Darth Morgan
07/02/2016 5:15 pm
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GR58's Avatar
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 Posted 07/02/2016  5:32 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Very nice write up DM ... Thanks for posting it

Only problem is now I want to dig men out and check them.

Just to be sure .. The night crawler is on the 71 S proof ...
Not the UNC .... Just want to be sure which ones to check.
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Darth Morgan's Avatar
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 Posted 07/02/2016  5:44 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
Only problem is now I want to dig men out and check them.


Yes, do it soon, and report back. It would be so cool if you found one.


Quote:
Just to be sure .. The night crawler is on the 71 S proof ...
Not the UNC .... Just want to be sure which ones to check.


Yes, the nightcrawler is found only on the 1971-S proof.
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Darth Morgan's Avatar
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 Posted 07/02/2016  5:59 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I thought you guys would like to see this. This Great Collections auction was the only time I ever saw the FS-801 for sale. Some one was willing to pay BIG money to get it. I don't really comprehend the price, but it happened.

What's-The-Fascination-With-Ike-Dollars?
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mdpmedia's Avatar
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 Posted 07/02/2016  7:52 pm  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply
Hey DM,

That information on the FS numbers was really great. I was wondering if you could direct us to a link for the best place that ranks all of these Ike varieties and corresponding numbers with respect to rarity etc. It would likewise be neat to be aware of what diamonds in the rough can potentially exist among the clad and MS Ike's etc.

Also, I noticed on that FS - 801 that the $12k price only had a single bid. Did you happen to make note of what the reserve was on that 801?

mdp

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 Posted 07/02/2016  8:09 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
Also, I noticed on that FS - 801 that the $12k price only had a single bid. Did you happen to make note of what the reserve was on that 801?


There wasn't a reserve. It sold for $13,750 after the buyer's premium was added. This coin more than likely went into someone's registry set.
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jbuck's Avatar
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 Posted 07/03/2016  12:37 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Is it just me or does anyone else picture this song playing every time Jbuck opens the cabinet to where his ikes are stored
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