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 Replies: 27 / Views: 1,736 |
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Moderator
 United States
164005 Posts |
The proof coins were put into individual lenses and came with a nice holder.  Image: jbuck Image: Nickels_rule |
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Pillar of the Community
 United States
4524 Posts |
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They finally made room for them in the annual proof sets. The US Mint could have included the silver proofs in those sets. No reason to specifically strike base metal coins for those sets.
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Pillar of the Community
United States
2280 Posts |
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The US Mint could have included the silver proofs in those sets. No reason to specifically strike base metal coins for those sets. Annual proof sets generally are proof versions of circulating coinage. The circulating Ike dollar was Copper nickel.
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Moderator
United States
164005 Posts |
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The US Mint could have included the silver proofs in those sets. No reason to specifically strike base metal coins for those sets. They could have, but then it would have been a mixed set and outside of the tradition of the time.
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Moderator
United States
164005 Posts |
Quote:Annual proof sets generally are proof versions of circulating coinage. The circulating Ike dollar was Copper nickel. You said it better than me. 
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Valued Member
 United States
272 Posts |
So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver? Seems like a pretty strange series. I don't get why the inconsistency in minting. I'm sure a non silver proof would probably still be cheaper than a silver proof as well. Even the entire set of Eisenhower dollars, which would include all the proofs in Dansco's full album, wouldn't really technically be too hard to accomplish. I just like when it's cheaper. Lol |
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Pillar of the Community
United States
2280 Posts |
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So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver? ALL "S" mint business strikes (non-proofs) are silver. ALL 1971 & 1972 "S" mints are silver. The only three "S" mints that come in both silver and clad are the 1973,1974,1976 Proofs. Knowing these basic facts can help you score silver Ikes that have been removed from original packaging for less than melt. If you spend enough time on ebay, you may be able to score all the silver Ikes in original packaging for less than melt. That being said, Ikes are a reasonably inexpensive set to collect.
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Moderator
United States
164005 Posts |
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So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver? Ten of the sixteen are silver, of which five are uncirculated business strikes and five are proof. The remaining six are cupro-nickel clad proof. Something I want to point out is that the 40% silver Ikes are also clad. They have a 20% silver core sandwiched between two 80% silver layers. The balance for both are copper. Quote:
Seems like a pretty strange series. I don't get why the inconsistency in minting. Welcome to the US Mint!  Quote:
I'm sure a non silver proof would probably still be cheaper than a silver proof as well. This is true. For what it worth, the silver proofs are slightly higher than the silver business strikes—except for 1971 and 1972 where I paid more for the business strikes than the proofs. Quote:Even the entire set of Eisenhower dollars, which would include all the proofs in Dansco's full album, wouldn't really technically be too hard to accomplish. So easy I have done it twice. First set in the Dansco, a second set in PCGS holders.  Quote:
I just like when it's cheaper. Lol That feeling is universal. 
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Moderator
United States
164005 Posts |
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That being said, Ikes are a reasonably inexpensive set to collect. 
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New Member
United States
8 Posts |
If you're new to numismatics, understanding the term 'Business Strike Coin' is crucial for navigating the world of coin collecting. A Business Strike Coin is a coin produced for general circulation and intended for use in everyday transactions. These coins are minted using regular dies on standard planchets and are struck under normal conditions meant for widespread distribution. In contrast to proof coins, which are specially made for collectors and exhibit highly polished finishes, Business Strike Coins are minted in larger quantities and are more readily available to the public.
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Moderator
United States
164005 Posts |
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A Business Strike Coin is a coin produced for general circulation and intended for use in everyday transactions. Just to be clear, they are not guaranteed to be used that way. It certainly describes the minting process used (as opposed to proof, for example), but not always the coin's purpose. There are various reasons why business strikes do not circulate.
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Bedrock of the Community
United States
94367 Posts |
I understand why the Kennedy halves didn't circulate much, but why not the Ikes? If it's size or bulk, then why don't the smaller dollars SBAs, Sacs, etc) really circulate? Edited by Coinfrog
11/17/2024 2:54 pm
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Moderator
United States
164005 Posts |
Dollar coins will never circulate—regardless of size—as long as the dollar notes are still being printed.
Canada removed the one and two dollar notes the same time they introduced the Loonies and Toonies (1987 and 1996). The coins have no competition there.
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Bedrock of the Community
United States
94367 Posts |
Agree, same thing in the UK.
So why do you think we don't eliminate the $1 and $2 notes?
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Moderator
United States
164005 Posts |
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So why do you think we don't eliminate the $1 and $2 notes? Powerful lobbyists and the fact that Americans are generally resistant to change.
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Replies: 27 / Views: 1,736 |
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Posted 11/13/2024 11:34 am
