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Ikes And SBA Dollars For Face Value From Bank

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United States
406 Posts
 Posted 07/21/2011  11:54 am  Show Profile   Bookmark this reply Add ljenkins990 to your friends list
Spend 'em!

If it were me, I'd try to see if I could spend the Ikes in such a way that they find their way into young hands - few kids these days have seen an Ike and who knows, it might get someone interested in the hobby...
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 Posted 07/21/2011  12:25 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list
Ths SBA just spend but I would save some of the Ikes
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United States
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 Posted 07/21/2011  12:39 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
I'm using a bunch of junk foreign coins as "pirate treasure" for a birthday treasure hunt for my little niece who is nuts about pirates right now. I think I'm gonna throw a few Ikes in there too, cause they're so big and fun.
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 Posted 07/21/2011  3:56 pm  Show Profile   Bookmark this reply Add flotsam to your friends list
I agree the SBA coin has to be just about the ugliest coin this country ever minted.
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 Posted 07/21/2011  6:13 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list
Silver? Clad? It is all right here. http://www.coincommunity.com/us_dol...senhower.asp
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 Posted 07/21/2011  6:16 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list
Ive actually gotten a couple SBA dollars in change as quarters.
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 Posted 07/22/2011  11:30 pm  Show Profile   Bookmark this reply Add jprine to your friends list
Picked up 90 Ikes today from my bank. Pulled the 72's and found two talon heads. Yahoo-I Like Ike.
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 Posted 07/23/2011  7:12 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
I keep all Ikes that are not totally mashed. They are getting harder and harder to find. Yes, a ton were minted, but they are steadily going away. Most bank tellers around here dont even know what one is, even when I show them the one I carry. They think its a half. So yeah, keep 'em.

SW99, as pointed out, they are most likely NOT silver. None of the silver Ikes were meant for circulation (aside from those ultra rare mistakes mentioned). They were all collector coins. Anything meant for circulation were simple clad coins. You might possibly happen upon a silver if you were REALLY lucky, but the odds are pretty high against that.
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 Posted 07/23/2011  7:23 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list
I just heard about someone finding a silver proof ike at a bank on the treasurenet.com roll hunting forum, but that's probably pretty rare. People find Morgan dollars (rarely) at banks though, so you never know...
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94 Posts
 Posted 07/24/2011  12:00 am  Show Profile   Bookmark this reply Add rawmeat to your friends list
I'll try to post pictures later (but I can only post pics from my phone right now, so they look horrible), but I received about 50 dollars worth of SBA from a bag of dollar coins from my credit union. Almost all of them are 1979 (a couple are S - mint, but don't appear to be proofs). Anyway, from the 79P mintmark ones I have the following:

1. Some that appear to be normal rim
2. Some that appear to have a wider rim -- in that it is noticeable, but not massively so
3. One that has a really wide rim and almost looks like it was struck off center because it's got about a tenth of a mm of flat planchet around the bottom after the "rim"

So my questions are: (A) is that #3 above the only actual wide rim? (B) are the #2's above the actual wide rims and that #3 is some kind of error -- I guess the question is just, how noticeable is the "wide rim" -- because I seem to have a lot of them.
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 Posted 07/24/2011  01:17 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Respect the Eisenhower dollar!


Quote:
Picked up 90 Ikes today from my bank. Pulled the 72's and found two talon heads. Yahoo-I Like Ike.
Very nice!
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United States
809 Posts
 Posted 07/24/2011  10:10 am  Show Profile   Bookmark this reply Add lincolncentguy to your friends list
Spend them! And watch the young cashiers saying what the heck is this? I must say the SBA and the Ike really are the two worst coins the US Mint ever produced.Both very ugly!
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296 Posts
 Posted 07/24/2011  10:42 am  Show Profile   Bookmark this reply Add Bowfin to your friends list

Quote:
Spend them! And watch the young cashiers saying what the heck is this? I must say the SBA and the Ike really are the two worst coins the US Mint ever produced.Both very ugly!


Can't disagree there. But at least the Ike is a cool ugly... Sort of...
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 Posted 07/24/2011  8:20 pm  Show Profile   Bookmark this reply Add junior e to your friends list
When I was a kid my first real job was pumping gas. My check was about $25 a week and I would cash it and ask for the new Eisenhower silver dollars. I was up to about $500 worth and I spent them at the car dealer to buy my first car. They were all so minty that they gave them away as a promotion for taking a test drive. I wish I still had them now.
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 Posted 07/25/2011  3:12 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Ignore the width of the rims because centering of the dies can cause that to be misleading. look at the distance of the bottom of the 1 to the rim. If it is only about half the width of the upright of the 1 away form the rim it is the near date/wide rim variety. If it is the far date/narrow rim variety it will be more than the width of the upright of the 1 away. Almost 1 1/2 times the width.
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