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What To Do With Circulate Ike's?

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Valued Member

United States
86 Posts
 Posted 07/02/2014  5:09 pm Show Profile   Bookmark this topic Add AlabamaDan to your friends list Get a Link to this Message Number of Subscribers
I have about 1000 circulate Ike's that I picked up at face value. When I called the bank and asked if they had any large silver dollars my heart missed a beat at the reply " Well, we've got a whole bunch in the back of the vault that have been there over 10 years I know." I had dreams of finding Morgans as they brought out a box of old brown rolled dollars. Turns out no luck. My son and I went thought them to fill my album. Still a fun time!

Anyway, now I have lots of Ike's and it seems a shame to just deposit them at a bank. If I could get a little profit that would be good too. Any ideas?1

*** Moved by Staff to a more appropriate forum. ***
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hcmusicguy's Avatar
United States
814 Posts
 Posted 07/02/2014  5:12 pm  Show Profile   Bookmark this reply Add hcmusicguy to your friends list Get a Link to this Reply
Spend them.
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westcoin's Avatar
United States
9792 Posts
 Posted 07/02/2014  5:19 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
You can always list small lots of 10 at a time on ebay, they seem to bring a small profit over face these days. Make sure you check them for DDO's and other varieties first, you never know!
See this nice website for more info on Ike dollar varieties:

http://www.ikegroup.info

They show a few of the better varieties on the site, and have a price guide that goes down to XF grades, some are $5 each or more!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
Edited by westcoin
07/02/2014 5:21 pm
Valued Member
United States
86 Posts
 Posted 07/02/2014  5:19 pm  Show Profile   Bookmark this reply Add AlabamaDan to your friends list Get a Link to this Reply
Hmmm. I have used a few to tip valets and such. But I am really hoping to make a little profit.
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wheatchaser140's Avatar
United States
2368 Posts
 Posted 07/02/2014  5:30 pm  Show Profile   Bookmark this reply Add wheatchaser140 to your friends list Get a Link to this Reply
Use one for a pocket piece. Sigh...Only 999 to go.
Valued Member
United States
86 Posts
 Posted 07/02/2014  5:32 pm  Show Profile   Bookmark this reply Add AlabamaDan to your friends list Get a Link to this Reply
OMG! I didn't think there were interesting things on Ike's that make them valuable.
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1325 Posts
 Posted 07/02/2014  5:56 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply

Quote:
Any ideas?


hold onto them to make me jealous because I cannot find any anywhere I look except for ebay.

of you could visit the US Modern forum and spend them and contribute to the 100k project?
Edited by shadz
07/03/2014 01:15 am
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 07/02/2014  7:52 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
spend them and report that on the Project 100K thread in my signature
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fasttalker27's Avatar
United States
55 Posts
 Posted 07/02/2014  7:55 pm  Show Profile   Bookmark this reply Add fasttalker27 to your friends list Get a Link to this Reply
I use Ike's and $2 bills as tips when I travel. Everyone I tip always remembers me and thinks that it is cool. They never realize that I should be tipping them more!! I have had valets and bellmen remember me months later!!
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52Raymo's Avatar
United States
8516 Posts
 Posted 07/02/2014  8:19 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Sell to JBuck at ten bucks each.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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stampvirgin's Avatar
United States
1247 Posts
 Posted 07/02/2014  9:10 pm  Show Profile   Bookmark this reply Add stampvirgin to your friends list Get a Link to this Reply
bring them to a coinshop, you should be able to get 1.15 + per IKE because you have such a large qty.
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Domain555's Avatar
United States
1804 Posts
 Posted 07/02/2014  9:32 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
AlabamaDan=====================


Quote:
Anyway, now I have lots of Ike's and it seems a shame to just deposit them at a bank. If I could get a little profit that would be good too. Any ideas?


I'm in the same boat.

I would be thrilled to get 5 cents on 1,000 Ikes.

With my Health Issues (back problems etc., etc.), I wish I could rent a small space at the local FLEE MARKET and go at it for half a day. Obviously would try to sell the TONED, ERROR, PEGLEGs at a good mark-up.

I would prime my little show with one or two Morgan-Peace Dollars, and some Arrowheads.

You never can say what someone will pay. Anyway It would get me out of this house.
Valued Member
United States
86 Posts
 Posted 07/02/2014  9:36 pm  Show Profile   Bookmark this reply Add AlabamaDan to your friends list Get a Link to this Reply
So domain........why not rent the space?
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United States
5205 Posts
 Posted 07/02/2014  10:01 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Spend them.

Unfortunately unless they are UNC and even then it will take many many many generations before they gain any value above face and even then inflation will be higher than any increase in numismatic value.

The reason they are so hard to find is everyone else has a box of them under there bed.

I would spend 1 or 2 at a time and I bet the cashier will keep them. If you spend too many in once place the cashier may not have brought enough cash to work with them to switch out and the coins will just end up getting taken back to the bank rather than go home with someone who will enjoy them and have a story to share about what happened to them at work that day.

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Domain555's Avatar
United States
1804 Posts
 Posted 07/02/2014  10:34 pm  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
AlabamaDan=====================


Quote:
So domain........why not rent the space?


Thank you for the encouragement.

My only real excuse, is I live in a world of (about) 9+ on the pain scale.

I was at the Doctor yesterday === she upped my pain med to about the last of the "stuff."

Sitting in a well padded chair is OK. Bed is fine. Standing and walking is pain pain pain & the real possibility of a bone braking fall.

I just do not want to go under the knife, because of fear, I guess.

There are other health issues, best left unspoken here.
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Merc Man's Avatar
United States
561 Posts
 Posted 07/02/2014  10:48 pm  Show Profile   Bookmark this reply Add Merc Man to your friends list Get a Link to this Reply

Quote:
They never realize that I should be tipping them more!!




Great way to promote the hobby
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