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Eisenhower Dollar Opportunity?

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srs77's Avatar
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 Posted 12/23/2019  8:29 pm Show Profile   Bookmark this topic Add srs77 to your friends list Get a Link to this Message Number of Subscribers
I am not an Eisenhower expert so I'm looking for some expert assistance (Jbuck)?

I have an opportunity to pick up 10 1971-S Eisenhower dollars in MS condition ranging from 61-65 and are all PL. The asking price is $8 per coin. Good price? To high?

I appreciate everyone's thoughts, these are at my lcs...
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basebal21's Avatar
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 Posted 12/23/2019  8:47 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
If they actually were PL and would grade as such that's very cheap. I suspect they're just being called that though and wouldn't grade out as PL. Unless it is legitimately PL I would stay away from ones that were 63 or lower and really 64 or lower. The banged up ones can be hard to sell for more than silver if you decide you don't want them anymore

8 is a fine price for a normal one. Some people sell them for a little less others more.
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srs77's Avatar
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 Posted 12/23/2019  8:50 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
Thanks BB21. I'll be looking at them tomorrow...
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cladking's Avatar
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 Posted 12/24/2019  8:04 pm  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
$8 isn't a bad price for blue Ikes since they are over $7 wholesale.

I doubt the ones offered are actually PL since PL is somewhat scarce though. A nice PL is worth quite a bit more than $8.

Don't buy coins for investment. It's usually a bad bet unless you know exactly what you are doing. As you learn more in the hobby you'll see bargains and these are OK. Indeed, if you find a bargain you expect to increase in value then you can hold onto it a while.
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Darth Morgan's Avatar
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 Posted 12/24/2019  9:28 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I wonder if these are actually proofs since they referred to them as PL. If they are proofs, check for doubled dies and, most importantly, the Nightcrawler variety. If these are the business strikes (blue) Ikes, then I am quite certain they will not be PL. The silver '71-S blue Ikes are arguably the worst issue in the entire series. Most look dull, lifeless, and downright ugly.

However, if they all look like this, buy every single one of them. [1971-D PL Ike - struck on proof planchet]

Eisenhower-Dollar-Opportunity?
Edited by Darth Morgan
12/24/2019 9:37 pm
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daviscfad's Avatar
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 Posted 12/27/2019  9:33 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
Do they actually give out PL designations on the Clad ikes at PCGS now? I was thinking that NGC did but maybe I am wrong
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 Posted 12/27/2019  9:39 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Do they actually give out PL designations on the Clad ikes at PCGS now?


Yea they do now as with anything they grade
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 Posted 12/28/2019  08:16 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
If you get them let us know.
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