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Eisenhower Silver Dollar Question

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jbuck's Avatar
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 Posted 01/19/2008  10:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Top photo is the Blue Ike, 40% Silver Unc.
Bottom photo is the Brown Ike, 40% Silver Proof.

The Blue Ike is packaged like a mint set, in a plastic cellophane packet.
The Brown Ike is packaged in a hard plastic case not unlike the proof sets.
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Lucky_13's Avatar
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 Posted 01/19/2008  10:44 pm  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
Aaaah! 10Q
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karrlot's Avatar
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 Posted 01/19/2008  10:55 pm  Show Profile   Bookmark this reply Add karrlot to your friends list Get a Link to this Reply
While we're on the subject - is there any market for common date circulated Ikes? I've got a slew of them, but I'm getting sick of them taking up my capital.
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jbuck's Avatar
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 Posted 01/19/2008  11:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
You're welcome!

Here is a funny memory from my early collecting days...

When I first started learning about coins, I got some magazines before I got a RedBook or read any real history. After reading the ads mentioning Blue and Brown Ikes, I actually thought the coins themselves were that colour! It was not until I got RedBook that I realized I might be wrong. My suspicions were confirmed after visiting a coin dealer and seeing them in person.

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jbuck's Avatar
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 Posted 01/19/2008  11:08 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
quote:
While we're on the subject - is there any market for common date circulated Ikes?


Sadly, IMHO, No. It is a series that many ignore. If they are above EF-40, they are worth more than face ( RedBook says $2). I would not just spend them, but you might get some interesting comments if you tried!
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GO's Avatar
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 Posted 01/20/2008  12:11 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
karrlot

not really but like jbuck said they can be worth a bit more in good condition.

They are the BEST coins to tip with at restaurants. I always keep one in my wallet just in case I am out.
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BadThad's Avatar
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 Posted 01/20/2008  12:14 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
quote:
quote:
--------------------------------------------------------------------------------
While we're on the subject - is there any market for common date circulated Ikes?
--------------------------------------------------------------------------------



Sadly, IMHO, No. It is a series that many ignore. If they are above EF-40, they are worth more than face ( RedBook says $2). I would not just spend them, but you might get some interesting comments if you tried!



One of my dealers has a box full of them just tossed together, he treats them like total junk. I asked him why, he said "because they have no precious metal content". No love for them. LOL
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GO's Avatar
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 Posted 01/20/2008  12:18 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
There really is no point in them...too bid...no business likes them...but they are fun to spend anyways.

Our Canadian Brethren.....would you use the Loonie if it was as big as an Ike?
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Kabiye_Lady's Avatar
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 Posted 01/20/2008  12:27 am  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
For whatever it's worth, I think Ikes will be very popular 50 years from now. It's a short set, nice big-sized coins. And you can bet that gem examples of the circulated dates are pretty hard to come by. In addition, you've got three varieties of the 1972-P and two each for the 1976 business strikes.

All the stuff that makes a collectible series!
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IHPO8S's Avatar
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 Posted 01/20/2008  12:53 am  Show Profile   Bookmark this reply Add IHPO8S to your friends list Get a Link to this Reply
Im not a fan of ike's. I have alot of the brown box proofs and they tend to be hazy. I have some of the unc blue ike's also. These were part of collections I aquired.Not worth much around $8.00 each. I think there is one or two dates that are worth a little more.
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jbuck's Avatar
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 Posted 01/20/2008  01:04 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
quote:
i have alot of the brown box proofs and they tend to be hazy.


That's the truth. All of my 40% proof Ikes have a "fog" to them and were like that when I got them, even those I bought still in the OGP brown box. The plastic cases on those were very easy to open, not sealed at all. It also seems people did not store them properly, another indication it is a neglected series.
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jbuck's Avatar
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 Posted 01/20/2008  01:08 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Kabiye_Lady, judging by your comments and avatar (I am 99.99% sure it is not an SBA), I take it you are an Eisenhower dollar fan?

I agree, it will probably be a more popular series in the future because of how easy it is to complete. As time goes by and the collector population increases, today's popular series (e.g. LHC) will be harder to complete, making room for new favourites.
Edited by jbuck
01/20/2008 01:10 am
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Kabiye_Lady's Avatar
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 Posted 01/20/2008  04:24 am  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
jbuck, yes I'm a fan of the Ikes! How can you NOT be?

In the next couple of years, all our coins are going to be replaced by cheap alluminium or cupro-xxxx stuff.

Can you imagine 20 years from now - taking a big Ike dollar and giving it to your son/daughter/niece/nephew etc........ They're going to be impressed.

Personally, I think the Ike Series is the biggest "NO BRAINER" as far as investment is concerned.

But my family has pointed out that I have been wrong in the past..... :<
Edited by Kabiye_Lady
01/20/2008 04:24 am
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jbuck's Avatar
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 Posted 01/20/2008  7:22 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
quote:
Can you imagine 20 years from now - taking a big Ike dollar and giving it to your son/daughter/niece/nephew etc.




Yeah, I can imagine... it was my dad giving me two big Ike dollars that got me interested in coin collecting!


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mycrob's Avatar
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 Posted 01/29/2008  09:40 am  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
My uncle gave me a brand new Ike dollar in 1977 when I visited him and his family. I still have that coin in my IKE set.

Market for circulated IKEs: check out ebay. They sell for only 1.25-1.65 per coin. If you are selling, you will probably just break even after the fees. If you are buying, you should be able to scoop up most of the commons and fill your holes for just over face value. Or you can try your luck at the bank- they occasionally have them.
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