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Where Are All The Ikes?

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jpsned's Avatar
United States
2200 Posts
 Posted 06/30/2016  11:35 am Show Profile   Bookmark this topic Add jpsned to your friends list Get a Link to this Message Number of Subscribers
Several billion Ike dollars were minted for circulation during the coin's lifetime.

I'm just wondering where all of these coins are currently residing. I know some are in collections, but where else? I can't imagine that too many of them are in circulation.
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aristarchus123's Avatar
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 Posted 06/30/2016  12:34 pm  Show Profile   Bookmark this reply Add aristarchus123 to your friends list Get a Link to this Reply
I have three of them. Littleton has 200,000.
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jbuck's Avatar
United States
187702 Posts
 Posted 06/30/2016  3:18 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Rumour has it that there are vaults full of them.

Wait, maybe those are baby dollars.
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GR58's Avatar
United States
11951 Posts
 Posted 06/30/2016  3:45 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Somebody better check Jbuck's house ..

Good chance he has a basement full
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jbuck's Avatar
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kena's Avatar
United Kingdom
1682 Posts
 Posted 06/30/2016  4:54 pm  Show Profile   Bookmark this reply Add kena to your friends list Get a Link to this Reply
I have about 2 dozen of them with me in England.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 06/30/2016  5:06 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
Several billion Ike dollars were minted for circulation during the coin's lifetime.


Whoa. . . . . slow down there, buddy. If you add up all mintages from every year and mint mark, including silver issues, not even 1 billion were minted. The estimated total I calculated is 703,950,603. Still, that's a LOT of Ikes.

Perhaps you meant to say several million? No doubt there are many, many bags located at the Federal Reserve bank. I just wonder how many bags. Hmmmmm . . . tantalizing.
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yotie's Avatar
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3077 Posts
 Posted 06/30/2016  5:34 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
think in 50 more years they will do a GSA Ikes ?
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jbuck's Avatar
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187702 Posts
 Posted 06/30/2016  5:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If you add up all mintages from every year and mint mark, including silver issues, not even 1 billion were minted. The estimated total I calculated is 703,950,603.
It is why I thought about the baby dollars in my first comment.
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jpsned's Avatar
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2200 Posts
 Posted 06/30/2016  6:46 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply

Quote:
Quote:
Several billion Ike dollars were minted for circulation during the coin's lifetime.


Whoa. . . . . slow down there, buddy. If you add up all mintages from every year and mint mark, including silver issues, not even 1 billion were minted. The estimated total I calculated is 703,950,603. Still, that's a LOT of Ikes.

Perhaps you meant to say several million? No doubt there are many, many bags located at the Federal Reserve bank. I just wonder how many bags. Hmmmmm . . . tantalizing.


Ooops. yeah, I was doing the addition in my head and got over-zealous with the decimal point. That did sound like a lot of Ikes. Thanks for pointing that out. Sorry 'bout that!

"Billions and billions." -- Carl Sagan
Edited by jpsned
06/30/2016 7:07 pm
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Darth Morgan's Avatar
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 Posted 06/30/2016  7:32 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
No problem. I figured you were just imagining how awesome it would be to be surrounded by "billions and billions" of Ikes.
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Finn235's Avatar
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6130 Posts
 Posted 07/01/2016  10:46 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Somewhere in the CRH forum, I remember someone posted a picture of the FED, where there were *hundreds* of $500 bags on shelves in a warehouse. The fed seems to be dead-set on maintaining a LIFO (Last In, First Out) policy with their reserves of dollars. Banks have repeatedly told me that their order form just has "dollars" so there is no way to request them unless you have a contact all the way through to the person who will physically get the bag to load it to the truck.
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jbuck's Avatar
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 Posted 07/01/2016  12:07 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
"Billions and billions." -- Carl Sagan
He never said it.


Quote:
To help viewers of Cosmos distinguish between "millions" and "billions", Sagan stressed the "b". Sagan never did, however, say "billions and billions". The public's association of the phrase and Sagan came from a Tonight Show skit. Parodying Sagan's affect, Johnny Carson quipped "billions and billions".[2] The phrase has however, now become a humorous fictitious number—the Sagan.
https://en.wikipedia.org/wiki/Billi...and_billions

A good book, by the way.

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John1397's Avatar
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111 Posts
 Posted 07/06/2016  4:03 pm  Show Profile   Bookmark this reply Add John1397 to your friends list Get a Link to this Reply
700 million coins / 300 million people = 2 coins per person not much!
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jpsned's Avatar
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2200 Posts
 Posted 07/06/2016  7:59 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply

Quote:
Quote:
"Billions and billions." -- Carl Sagan
He never said it.


You know, I knew that. I remember someone saying that "billions and billions" doesn't make any sense because it doesn't mean anything in terms of defining a quantity, and certainly a scientist would never say it.

But I do think he said "billions" many, many times.
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jbuck's Avatar
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