MS-65 1971-P Ike Dollar. Why So Much$?

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Author	Replies: 5 / Views: 1,683
Steele Pillar of the Community United States 1119 Posts	Posted 02/15/2017 9:27 pm I was looking for a nicer 1971P Ike for my collection. missed one on ebay the went for $82.00. are these that rare that a PCGS ms65 is worth that Report this Post to the Staff

Vermillion Flycatche Valued Member United States 97 Posts	Posted 02/15/2017 11:08 pm CoinFacts shows that the last three listed aucttons all realized $75-145 for that year and mint. I'm surprised, but then there are none PCGS certified in MS67 or higher.... Report this Post to the Staff
batboy Pillar of the Community United States 650 Posts	Posted 02/16/2017 12:34 am Those early Ikes are hard to find in the higher MS grades and when you do find them, you generally have to shell out some bucks. According to NumisMedia, fair market value on the 1971-P Ike is: MS62 $3.60, MS63 $9.60, MS64 $26.25, MS65 $100.00, and MS66 $970.00. So, nothing known higher than MS66. Report this Post to the Staff
coin197 Pillar of the Community United States 1963 Posts	Posted 02/16/2017 12:56 am Those dollars were stored in canvas sacks, 1000 a bag. The bags got moved around a lot. Therefore, higher grade Ikes are a bit hard to find. Report this Post to the Staff
cladking Pillar of the Community United States 2270 Posts	Posted 02/16/2017 09:55 am The '71 Ikes also were very poorly made with worn tired dies. Strikes were weak and planchet marking was not obliterated the strike. Most have poor surfaces and were unattractive even before they got marked up in the bag. Time don't fly, it bounds and leaps. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 02/16/2017 11:46 am And they were not in the 1971 mint sets so there was no chance of nice ones getting preserved that way. Report this Post to the Staff
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