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Ike Dollars

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Sparhawk's Avatar
United States
80 Posts
 Posted 02/05/2010  3:58 pm Show Profile   Bookmark this topic Add Sparhawk to your friends list Get a Link to this Message Number of Subscribers
I got a phone call from my bank today and they had $40 of halves and $53 in Ikes. I went through the halves and came up with nothing.

I grabbed the Ikes because I thought my kids would love spending them for lunch or at the store. Are these worth keeping? No 'S' mint marks and most look like average circulation.
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nod2003's Avatar
United States
3294 Posts
 Posted 02/05/2010  4:03 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Ike dollars can have some premium for mint state coins. There are also some interesting varieties out there that can be worth a premium. I myself am not too familiar with these, but I bet someone else could give you further assistance with regards to those.
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ratman4762's Avatar
United States
2520 Posts
 Posted 02/05/2010  4:32 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
You can start out here. http://www.ikegroup.org/ I know of interest in the 1971D (Friendly eagle) and the 1972 (Type 2 Rev). Also the 1973 (P&D are NIFC (I found one in circulation) and the 1976 Type 1 ( P&D ) are harder to find, and the 1977 is the lowest mintage of circulation strikes (12-13 million)
Edited by ratman4762
02/05/2010 4:34 pm
Rest in Peace
pyrbob's Avatar
United States
1943 Posts
 Posted 02/06/2010  10:06 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
Some of the dealers in my area will buy circulated Ikes for $1.10 each when they need them for their stock.
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CoyoteMoss's Avatar
United States
116 Posts
 Posted 02/06/2010  11:14 am  Show Profile   Bookmark this reply Add CoyoteMoss to your friends list Get a Link to this Reply
Great resource web site that RATMAN gave you above for Ike's. I've put together 2 sets of Ike's. However, this seems to be a strange coin to collect. You read and talk to people and it seems most will tell you -- they are ugly, few people have an interest in them, no one really collects them or cares much for them, and they will never be worth much. SO this makes me think you can pick them up for double face real easy. Not even close at the coin shows I attend. Most dealers don't have them and when you ask, they tell you they don't bother with them.
Concerning Kennedy halves, I really like them, but none of the banks in my area ever have any. When I do find one that is in great condition-- I keep it.
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RPT's Avatar
United States
920 Posts
 Posted 02/06/2010  12:17 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
They sell a lot of the 32 coin BU/Proof sets on ebay. I don't think circulated sets go for much.
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United States
77 Posts
 Posted 02/08/2010  8:52 pm  Show Profile   Bookmark this reply Add Breed59 to your friends list Get a Link to this Reply
How can I Identify the difference between a 40% S BU and 40% S Proof
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ratman4762's Avatar
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2520 Posts
 Posted 02/08/2010  9:18 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

Quote:
How can I Identify the difference between a 40% S BU and 40% S Proof
The proof will have mirror like surfaces.
Valued Member
United States
77 Posts
 Posted 02/08/2010  9:29 pm  Show Profile   Bookmark this reply Add Breed59 to your friends list Get a Link to this Reply
Will the BU have a copper toned edge and the proof all silver
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ratman4762's Avatar
United States
2520 Posts
 Posted 02/08/2010  9:46 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I really haven't studied the edges of 40% Ikes. I do have both BU and Proofs. In my experience with 40% halves (1965-1970) sometimes the copper is visible and sometimes it is not. I would assume the same would go with the Ikes. Since we are talking about both (proof and unc) being struck on planchets of the same composition, No, that wouldn't be an indicator. A proof coin will have mirror like surfaces and should be well struck with sharp details.
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