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Moderator
 United States
189340 Posts |
There are only 14 business strike Eisenhower dollars issued for circulation: 1971, 1971-D, 1972, 1972-D, 1974, 1974-D, 1976 Variety 1, 1976-D Variety 1, 1976 Variety 2, 1976-D Variety 2, 1977, 1977-D, 1978, 1978-D. The Whitman folder has twelve holes because it does not differentiate the 1976 varieties. This is fine. By why does Harris include some NIFC coins and not others? This is what I feel is an error. It would help if I knew exactly how many labeled holes the Harris folder has, then maybe we can try to discover their logic. For what it is worth, the full set of Eisenhower dollars is 32 coins, 34 if you differential the 1972 (Philadelphia) varieties.
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Valued Member
 United States
123 Posts |
jbuck, the Harris Ike folder has 18 slots for Eisenhowers. The folder also has 11 date/mintmark slots for SBA, and one SBA slot for "reverse." Here are the Ike slots: reverse, 1971, 1971-D, 1971-S, 1972, 1972-D, 1972-S, 1973-S, 1974, 1974-D, 1974-S, 1776-1976, 1776-1976 reverse, 1776-1976-D, 1977, 1977-D, 1978, and 1978-D.
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Moderator
 United States
189340 Posts |
Interesting. It does not make sense at all to have three NIFC 40% silver clad coins, yet omit the two NIFC CuNi clad coins. How bizarre!
Google confirms it though. I found new ones for sale online with photos! Wow.
I think they just wanted the even 18 coins. I came up with a few alternative layouts, but always an extra hole or three.
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Pillar of the Community
1325 Posts |
Yeah if you have a standard design for a coin why have anything else made when you can buy that in bulk? Peace, Morgan, Ike just make the "pages" all the same and you need only 1 die for it. It was explained several times what the Harris folder had holes for  But again folder are favored by MANY because of the less holes and less silly stuff to put in them. They aren't perfect collections of information on every coin, just a list of some things you might want and an easy way to keep up with what is left that you need from the series. Compare to album that has all the varieties like you say in it and...well not everyone is interested in that because they won't be able to find them in pocket change. This brings us back to the 1973 missing in both folders. They didn't expect people to find them in pocket change, and Whitman version didn't expect people to find silvers in pocket change. Also on the albums, not everyone wants to search for all those varieties. Peg legs? Who knows if I have any, and who cares. I sure don't. Its an Ike, that's good enough for me. jbuck expand your design to include 3 "pages" of large dollars since you can do that with the Peace or Morgan book and put Ikes in the 27 holes without the SBA "page". People mix and match folders contents often, that is why the "blank" or "plain" folders came out years later for those that liked folders but didn't want to be dictated what to put in the holes, and then Whitman made labels for those to put dates and MM on the unprinted holes. There is just a world of difference between coin board, folder, album and other collectors, expectedly since everyone collectors different things for different reasons. The person that can come up with a "print on demand" model for coins boards/albums/folders will take a chunk out of all existing companies customer base just like it has for the book trade. So not a mistake, nor bizarre, just what they thought people would be able to get easily and have a REASON to have empty holes. Again see the Whitman 1964-1985 Kennedy halves folder and note the plug in place of the 1970-D. It how they chose to design and sell it, nothing more, nothing less. Just don't put reverse into the Harris folder and put 1973 in those holes a little out of place so they are all there and all the hole are filled if you can fill them all.
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Valued Member
 United States
123 Posts |
One more thought on the Ike folders: it is extraordinarily hard to get the coin into the slot. And because the coin is as thick as the folder, the coins never seat completely, flush with the page. They stick up a little bit. Ah well I guess you just roll with the punches.
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Moderator
 United States
189340 Posts |
You can always upgrade to an album.  The Eisenhower dollar Dansco (8176) was one of the first two albums I got (along with Kennedy half dollars). I came from folders as well and I did not upgrade them all at one time. It took a while. For what it is worth, most of my business strike dollars are not MS-65 beauties either. 
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Pillar of the Community
United States
650 Posts |
Hey jbuck, are you absolutely sure about the 1973 Ike? I have an old Red Book and under the mintage number for both 1973 and 1973-D it has an asterisk and the note says *1,769,258 of each sold only in sets and not released for circulation. Unissued coins destroyed at mint. Almost sounds like a few did get released. Or if you're right, some folks broke open their mint sets, because I found and bought a 1973 ( no mint mark) at a coin show today.
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Pillar of the Community
United States
1373 Posts |
I'm not sure if I missed something, but MY Harris #2699 folder DOES HAVE the holes for the 1973 and 1973-D Ike's labeled, right between the holes for the 72's and 74's. Is it possible that the folder was upgraded at some point (not sure if the ones I have are original products or revised ones). I have two Harris folders; one I use for the listed coins and I re-labeled the second one for the 18 extra proofs and silver types. This gives me 36 holes total for all 34 types and two 'reverse' spots for 1971 and 1976. (I have two holes saved for the 1972 High Relief and Modified High Relief Ike's, but I'm not sure if they are worth filling). The two folders also have enough room for the 19 SBA types. All holes for both are filled except for the pre-mentioned Relief Ike's and the ones I have in slabs.
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Pillar of the Community
United States
650 Posts |
I just looked through my stash of Ike dollars and I also have a 1973-D (probably collected decades ago from pocket change). So, I looked at Wikipedia: "With ample supplies of Eisenhower dollars, the Federal Reserve had no need to order any in 1973, and none were struck for circulation.[50] The 1973 and 1973-D were the first Eisenhower dollars struck for inclusion in mint sets, and were, in theory, only available that way. Many 1973 and 1973-D are known in circulated condition, leading to speculation that the 230,798 pieces which were reported melted after the Mint failed to sell as many mint sets as anticipated, were in fact released into circulation.[51]" 50. The New York Times September 2, 1973. 51. Bowers 1993, pp. 2877, 2880.
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Pillar of the Community
United States
650 Posts |
I looked up that Bowers reference. It's a silver dollar encyclopedia. "Mint Sets only: As with the Philadelphia issue of this year, the 1973-D copper-nickel Eisenhower dollar was minted for inclusion in this year's mint sets, but riot for general Circulation. Two million were struck, but 230,742 were unsold and were said to have been melted. However, some observers, Thomas K. DeLorey among them, suggest that many coins may have been placed into Circulation. Mint set sale price: $6.00 (set contained one each of all business strike issues, cent through dollar)."
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Pillar of the Community
1325 Posts |
Quote: *1,769,258 of each sold only in sets and not released for circulation. Unissued coins destroyed at mint. 2 million were made. That "*" is the number sold and released in sets by the mint. The rest (2000000 minus 1769258) were destroyed. 2,000,000 paired sets made 1,769,258 paired sets sold <--(these are the ones found in circulation from opened mint sets) unsold were destroyed
Edited by shadz 10/11/2015 01:46 am
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Pillar of the Community
United States
650 Posts |
Yes, the official position of the US Mint is the coins were destroyed, but if you read that Bowers reference it states that Thomas K. DeLorey (who for a long time was director of the American Numismatic Association Certification Service) and others think some of those "supposedly destroyed coins" got into circulation somehow. As I stated in my earlier posts, I have a 1973-D that was obtained directly from circulation by yours truly. Just yesterday I found a 1973 plain at a coin show. Admittedly, that coin could have came from a split up mint set since it came from a coin dealer and it grades BU (no evidence it was in circulation). My point is these babies are around if you look hard enough and long enough.
Edited by batboy 10/11/2015 10:31 am
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Pillar of the Community
1325 Posts |
Yes, they are around, but the nonsense you are saying is not proven because theae 1973 Ikes in circulation. Its been 40+ years since these were issued, and not heavily used in all areas (Vegas loved them), its no surprise IF you find one now it is in good shape.
Some dumb lawyer, burglar, etc gets the coin from the deceased former coin collector, the thing has to be valued, and since it has a face value, why mess with foolishness just count it a $1, open the bag/wrap its in and spend it! Any not found in a cash register and taken home by a manager, cashier, or customer end up; you guessed it at the bank. MOST stores don't have a place for any $1 coin, half dollar or $2 bill in their registers so they send it all to the bank.
Your mistake is think, and agreeing with the book you read, that is must be the unsold ones that are not in their mint packaging. That's just foolish when there is proof otherwise. People have opened the sets to fill albums on this very site!
The ONLY way you could prove that books nonsense and speculation is to somehow gather all 1973 ikes in one place, sort them by mint, and count each one visually. That isn't going to happen while I'm alive. I'm not sending mine to some unknown part to return a bunch of crap coins. Not to mention it could only be proven by destroying other peoples sets, as you would have to open the 4+ year old mailing envelopes that some people likes to keep their mint sets in. You know that brown paper bubble wrap thing that says it came from the mint.
Since the book cannot prove anything, it is basically just lying, and repeating it to someone else is also just lying. We don't know anything about any of the unsold coins. We know people have opened the mailer they came in, and the sets they were part of like evry other coin.
People do NOT collect the same way and there is not now nor there ever be a law saying you have to collect coins in any way. Anyone could break ANY coin from a mint set and spend it should they need to, and that has happened. So its best not to spread a wild rumor based on someone's uneducated guess, no matter who it is, that there is no proof to support.
my 5 pairs of 1973 Ikes all came from the bank with a lot of 21 other Ikes that was in the tellers drawers and all placed into one of the little cash envelopes. All coins loose, and until I looked at them a second or 3rd time I never even noticed the 1973s or gave them a thought about how they got there, because PEOPLE DO OPEN ALL TYPES OF MINT SETS.
So until you or this Bower person gathers each and every 1973 Ike in one place for visual inspection, again this will happen only over my dead body!; or the Mint states that the 200+ k were released, there is no proof either way!
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Pillar of the Community
United States
650 Posts |
Well, I guess everyone is entitled to their own opinion. I will admit, there was a bit of speculation to that reference. Certainly mint sets do get opened, I've done it a couple of times myself, although my coins went directly into albums.
Setting all that aside, I'm curious to find out how many people here on the forum have stumbled across 1973 Ikes in circulation. Post what you found. They must be fairly rare to find them in the wild... regardless how they got there.
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Moderator
 United States
189340 Posts |
They were certainly minted only for the mint sets. This is a fact. They were never intended to circulate.
I am confident all of those found in circulation made it there the same way every other proof or NIFC makes it there, they were broken out and spent by thieves, ignorant heirs, or desperate collectors.
It is certainly possible that some of those claimed destroyed were accidentally released into circulation, but the evidence for this is slim.
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