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Brown Ikes A Good Buy?

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babysitr's Avatar
United States
1339 Posts
 Posted 01/04/2016  9:29 pm Show Profile   Bookmark this topic Add babysitr to your friends list Get a Link to this Message Number of Subscribers
I"ve been adding some Brown Ikes to my collection lately! I just like them ,and they can be had at about the prices I was paying a few years ago. Maybe due to silver price.Even the key 1973 and the better 1974..Dont expect them to go up in price much, but will they? I think so,, what say you ?
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Cascade's Avatar
United States
7390 Posts
 Posted 01/04/2016  9:37 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
All ikes will go up one day. There is just way too much interest especially with newer and younger collectors. Don't know if thry will just take off in 5yrs or 50yrs or gradually over time but ikes are destined to go somewhat the way of the Morgan dollar imho
Edited by Cascade
01/04/2016 9:38 pm
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batboy's Avatar
United States
650 Posts
 Posted 01/04/2016  9:55 pm  Show Profile   Bookmark this reply Add batboy to your friends list Get a Link to this Reply
More and more of those brown and blue Ikes will get removed from the mint packages to be slabbed or added to collection albums. Eventually, not sure when (probably not short term), prices are bound to go up as less browns and blues are available. I think interest in collecting the large dollars will continue to gradually increase over time.
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Hello There's Avatar
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1191 Posts
 Posted 01/04/2016  10:46 pm  Show Profile   Bookmark this reply Add Hello There to your friends list Get a Link to this Reply
What are blue and brown Ikes?

Sorry for the off topic.
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batboy's Avatar
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 Posted 01/04/2016  11:24 pm  Show Profile   Bookmark this reply Add batboy to your friends list Get a Link to this Reply
It refers to the package color. Blue and brown Ikes are 40% silver and were struck at the San Francisco mint from 1971 through 1974. They were made primarily for coin collectors and were sold directly by the U.S. Mint. Blue Ikes were uncirculated business strike coins and brown Ikes were proofs.
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Hello There's Avatar
United States
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 Posted 01/05/2016  12:46 am  Show Profile   Bookmark this reply Add Hello There to your friends list Get a Link to this Reply
Thanks for the info, Batboy.
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GR58's Avatar
United States
11951 Posts
 Posted 01/05/2016  01:04 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I also like Ike's, and have been putting a few away.


Quote:
Brown Ikes a good buy?


Most collector coins are a good buy ... if you pay
the right price.

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davec13's Avatar
United States
757 Posts
 Posted 01/05/2016  08:05 am  Show Profile   Bookmark this reply Add davec13 to your friends list Get a Link to this Reply
I walk by stacks of brown box ikes at every small coin show and they can't give them away. The last show I saw them (all dates) selling for between $8-$12. At the end of the show the dealers packed them all up and left with them. Heck even at the local antique malls they are in almost every case with coins and are priced at around $14 with the always present 20% off. I always am floored at the amount of people on this forum who love Ike's because locally they are the least popular coin. I've even seen full sets in dancso albums at auction sell for less than face. I may just start picking them up if more and more people are starting to get into them.
Edited by davec13
01/05/2016 08:07 am
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T-BOP's Avatar
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18456 Posts
 Posted 01/05/2016  08:13 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

I am no an Ike dollar affectionardo (spelling ?) but I think the brown Ike's are a very good investment and collectible item. mainly because they have been inexpensive for some time now. I have one 1973-S brown Ike that I picked up a few years ago, wish I had picked up a few more.
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 Posted 01/05/2016  08:48 am  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I think they are nice coins but I don't like that they are 40% instead of 90%. I recently picked up some 71,72 and , 74 blue ikes for $8 each.. It was my first time buying them.
Edited by LibertyEagle20
01/05/2016 1:24 pm
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kanga's Avatar
United States
5825 Posts
 Posted 01/05/2016  09:09 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
I"ve been adding some Brown Ikes to my collection lately! I just like them ,and they can be had at about the prices I was paying a few years ago. Maybe due to silver price.Even the key 1973 and the better 1974..Dont expect them to go up in price much, but will they? I think so,, what say you ?


As a collectible, go for it.
As an investment, forget it.
Yes, they'll go up in price but I believe inflation will go up faster.
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GR58's Avatar
United States
11951 Posts
 Posted 01/05/2016  09:52 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I have always felt that different types of coins are more
or less popular in different parts of the country.

It does seem that overall, Ike's are getting more
popular. I do believe finding the better grade coins
with good eye appeal is a challenge, but if bought
right they should hold or gain value in the future.

If I saw stacks of brown Ike's that were selling for
$8 to $12, I would try to get them much lower. I feel
better buying them at $5 to $8.

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Atlas642's Avatar
United States
562 Posts
 Posted 01/05/2016  10:01 am  Show Profile   Bookmark this reply Add Atlas642 to your friends list Get a Link to this Reply
My concern with buying brown box Ikes for a long-term investment is the tendency to develop milky surfaces due to a poor seal on the packaging. If you can get a good deal on a un-toned example, go for it, but I'd recommend storing it very carefully.

As for prices, I really can't say. Quite a few were produced but the demand from collectors is not terribly high. 10-15 years down the road? Maybe a bit of a numismatic price increase over the silver content price. But a good investment? Probably not.
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jbuck's Avatar
United States
187702 Posts
 Posted 01/05/2016  10:08 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I admit bias, but any Eisenhower dollar is a good buy. Silver proof is a bonus.

I must also admit that I am a collector, not an investor.
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Conder101's Avatar
United States
17884 Posts
 Posted 01/05/2016  11:57 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Considering after 40+ years they are still selling for the most part below issue price (and that is with silver 5X higher than when issued) I don't see them as a good investment buy. If you like them that's fine, go ahead and get them, just don't expect a good return on the money. Even the Key 73 S that does sell for more than issue price hasn't even kept up with inflation. It would need to be selling for $40 now to even be close.
Edited by Conder101
01/05/2016 12:02 pm
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fyimo's Avatar
United States
245 Posts
 Posted 01/05/2016  12:35 pm  Show Profile   Bookmark this reply Add fyimo to your friends list Get a Link to this Reply
I'm a coin collector and I like the Ike dollars and I have a complete set in a Dansco Album and I recently put together a certified set of just the Silver Ike's in Proof and MS grades. I not a person who buys coins for an investment and if I was I wouldn't stock pile Ike dollars. There are far better coins to buy for investment than Ike dollars.
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