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Interest In Ikes Is Not Peaking

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 Posted 11/20/2021  08:15 am Show Profile   Bookmark this topic Add radars_teddy to your friends list Get a Link to this Message
Check this auction out at Stacks Balimore offerings

https://auctions.stacksbowers.com/l...-67-PCGS-cac

It is up to $2900 now

urrent Bid $2,900 ^
$
.00
Reserve: $3,000 (not met)
Lot Description
1974-D Eisenhower dollar. MS-67+ ( PCGS). CAC.

This golden-tinged beauty is exceptionally well preserved for a circulation strike Eisenhower dollar. It is among the eight finest certified from a mintage of 45,517,000 pieces, and will be just right for a high ranked collection on the PCGS Set Registry, for a 74-D


Edited by radars_teddy
11/20/2021 08:15 am
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 Posted 11/20/2021  08:19 am  Show Profile   Bookmark this reply Add radars_teddy to your friends list Get a Link to this Reply
I'm not even sure there is not something wrong with this coin. It has serious lines on the obverse, that I don't know what it is. I am not convinced the toning is natural either.
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 Posted 11/20/2021  09:31 am  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
Ikes are not collectible in my world, JMHO.
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 Posted 11/20/2021  09:41 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
That toning is 100% natural and actually almost expected on many high end Ike dollars.
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 Posted 11/20/2021  10:49 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
I believe the toning is natural--just my opinion.
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 Posted 11/20/2021  11:28 am  Show Profile   Bookmark this reply Add cladboy to your friends list Get a Link to this Reply

Quote:
I'm not even sure there is not something wrong with this coin. It has serious lines on the obverse, that I don't know what it is


Those are planchet striations that are sometimes seen on Ikes. Totally legit and not PMD.
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 Posted 11/20/2021  11:51 am  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
A lack of interest? I wouldn't say that, it's just that many of the ultra high end Ike collectors probably already have coins at this level or at MS67 (34 PCGS in Pop currently). This one looks nice, but the die polish lines are a bit distracting. At this level it's almost 2.5 times what an MS67 is, so most collectors would want only the best when paying that much of a premium.

My Two Cents worth. I bet the coin doesn't meet reserve and goes back to the consignor, but we will see, it's only one bid off that point now.
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Edited by westcoin
11/20/2021 11:51 am
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 Posted 11/20/2021  12:01 pm  Show Profile   Bookmark this reply Add radars_teddy to your friends list Get a Link to this Reply
FWIW - I don't think that toning is natural or common on high end Ikes at all. I've been watching Ikes since I've been abot 15 years old and constantly look over their auctions. And I think the tone is driving the price.

I am having a tougher time knowing what is cleaned coins at this point with my recent experience with six penses and ANACS. In American coins there are all kinds of die polish and palanche imperfections that we might see which somehow don't translate to NZ sixpenses.

But I seem them all the time in Mercs and Ikes and lamination errors or imperfections in cents, (wooded pennies).

I thought I was on solid ground understanding this, but evidently I am not.

It is astonishing to me to see even MS67 Clads to price over 1k, let alone 3x that,
Edited by radars_teddy
11/20/2021 12:02 pm
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 Posted 11/20/2021  3:42 pm  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list Get a Link to this Reply
oh, those trueviews!!! I should have PCGS make a trueview of my face bring out all the beauty of majesty of my physiognomy
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 Posted 11/20/2021  5:57 pm  Show Profile   Bookmark this reply Add Ballyhoo to your friends list Get a Link to this Reply
I would agree with cladboy that the striations are, for the lack of a better word, normal and with the others on naturally toned. When it's all said and done I think this one should be called as sold. I see no reason why the consignor would quibble over a $100 difference if that's where it sticks. With those points, I only question PCGS and the plus designation. Those mint created polish lines don't seem to justify it being on the upper end of the grade, my opinion. Nor the CAC certification when compared with the remaining in the grade. Could anyone honestly say those lines don't detract from overall eye appeal, which both the plus and CAC more or less reference?
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Edited by Ballyhoo
11/20/2021 6:03 pm
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 Posted 11/21/2021  07:36 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
The die polishing (lines) is normal, it isn't PMD.

The toning is natural. I own Ike's and seen many others throughout the years that have that toning.

They have been sitting in albums for years.



Edited by NumismaticsFTW
11/21/2021 07:51 am
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 Posted 11/22/2021  10:20 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
This Ike is superb. There is not a thing wrong with it.


And if anyone here is looking to buy their favourite moderator a gift...

I kid of course, unless you are Daddy Warbuck$.
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 Posted 11/23/2021  8:48 pm  Show Profile   Bookmark this reply Add radars_teddy to your friends list Get a Link to this Reply

Quote:
This Ike is superb. There is not a thing wrong with it.


That is only if you don't mind die polish lines on your $5,520 Eisenhower dollar. It only takes two bidders in an auction to create total chaos and that doesn't necessary reflect a broader market. To me, and I collect Ikes, that is conditional rarity to the extreme for a coin that is not fundamentally pleasing to my aesthetic.

Really, I can get REAL coinage history in my hands for 5 grand like this

https://www.davidkahnrarecoins.com/...3369516.html

or even THIS
https://www.vcoins.com/en/stores/zu...Default.aspx
Edited by radars_teddy
11/23/2021 8:53 pm
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 Posted 11/23/2021  11:38 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
The cricket actually got more money

https://www.coinworld.com/news/us-c...-000-dollars

Not that I would get either.
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 Posted 11/24/2021  01:32 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
Toning looks 100% natural IMO as well. Looks like it sat in an album for quite some time.


Quote:
Really, I can get REAL coinage history in my hands for 5 grand like this


I'm not an Ike collector, personally, but I'll play devils advocate. What makes Ike's less of a "REAL coinage history"? I'm sure the argument could be made for both sides, since after all, that's a 100% subjective statement.

Beauty in collecting is anyone can collect however they see fit. Whatever keeps you going
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 Posted 11/24/2021  01:34 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply

Quote:
Not that I would get either.


You're not fooling anyone @ hfjacinto, we all know you won the cricket auction
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