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What To Do...sell Or Hold?

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Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/01/2009  12:31 pm Show Profile   Bookmark this topic Add meckl9 to your friends list Get a Link to this Message Number of Subscribers
I have a question about Ike dollars that I have acquired over the past few years. Ever since the Presidential dollar program the govt. is not circulating Ike dollars any more.

I have accumulated over $500 face at a $1.00 a piece. Would it be savvy to unload these now and pick up some BU cents that I need to complete my collection or will the Ike dollars continue to increase in value over time?

So I guess would I see a better return in say, 20 years for a few BU cents (1924 D, 1931 S, 1926 S) or 500 Ike dollars of various years including proofs.
Valued Member
GLG's Avatar
United States
70 Posts
 Posted 03/01/2009  2:04 pm  Show Profile   Bookmark this reply Add GLG to your friends list Get a Link to this Reply
Yes meckl9 I think there are a lot of Ikes in collectors hands and I don't think that they will appreciate in value as much as BU cents.

GLG
Pillar of the Community
jedichef's Avatar
United States
781 Posts
 Posted 03/01/2009  2:40 pm  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
I don't foresee much in the way of dramatic appreciation for Ike dollars. I'd save a set or two and unload the rest to complete your cent.
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Zohar444's Avatar
United States
1429 Posts
 Posted 03/01/2009  3:07 pm  Show Profile   Bookmark this reply Add Zohar444 to your friends list Get a Link to this Reply
I had a bunch and simply sold them for $1.25 each.
Bedrock of the Community
United States
20753 Posts
 Posted 03/01/2009  3:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'd agree on dumping those except for the economy being so low, I suggest waiting for a while. Hopefully if things pick up you may get a little more per coin. Although, remember that the greatest amount of coin collectors are for small denomination coins. Ikes are to big and to difficult to find so many collectors ignor them.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/01/2009  3:18 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Personally I would sell them and hope to get $1.10 to $1.20 each, and then take that money and buy whatever you collect (I would buy silver or gold myself). I just dont see Ikes gaining any serious value anytime soon. I can still get them from banks from time to time.
Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/01/2009  4:07 pm  Show Profile   Bookmark this reply Add meckl9 to your friends list Get a Link to this Reply
I grab them up when they are available at the bank. I just have been lucky to accumulate a lot lately for face. Who would buy them besides putting them on ebay?
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Spider5689's Avatar
United States
2269 Posts
 Posted 03/01/2009  4:14 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
You can always sell half now, then in the future sell the other half. This way you won't feel guilty 20 years from now if they do happen to appreciate in value.
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jedichef's Avatar
United States
781 Posts
 Posted 03/01/2009  4:15 pm  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
i actually need two to finish my set, 1972 and 1974.
Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/01/2009  7:21 pm  Show Profile   Bookmark this reply Add meckl9 to your friends list Get a Link to this Reply
I'll try to go through them over the week and post what I have.
Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/02/2009  6:10 pm  Show Profile   Bookmark this reply Add meckl9 to your friends list Get a Link to this Reply
What mints for 1972 and 1978? I'm half way through what I have sitting around and have plenty of 72's and 74's. Even found 2 proof 74's that I was able to pick up for face value from the bank.
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jedichef's Avatar
United States
781 Posts
 Posted 03/02/2009  7:02 pm  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
philly for both '72 and '74
Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/02/2009  7:53 pm  Show Profile   Bookmark this reply Add meckl9 to your friends list Get a Link to this Reply
This is what I came up with (along with some smelly & dirty hands). Man do circulated coins stink!! But I love that smell at the same time...haha.

1971P-10
1971D-54
1972P&D-124 too many to count individually but I did see a mixture
1974P-3
1974D-37
1974S-2
1976-over 200 with all varieties included along with 3 clad proofs
1977P-14
1977D-22
1978P-10
1978D-25
1978S-2

Would you like a 72 & 74 to finish out your collection?
Pillar of the Community
yotie's Avatar
United States
3077 Posts
 Posted 03/02/2009  8:26 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
1971P-1
1971D-1
1972P&D-1=1
1974P-1
1974D-1
1977P-1
1977D-1
1978P-1
1978D-1

i would pay 15 for the ten
Valued Member
meckl9's Avatar
United States
326 Posts
 Posted 03/02/2009  8:31 pm  Show Profile   Bookmark this reply Add meckl9 to your friends list Get a Link to this Reply
Yotie. No problem. I'll start looking for some nice ones for you.

I have several sets I'm currently working on. Got any extras laying around you'd like to trade?

Mercury dimes, walkers, indians, wheaties?

Thanks.
Pillar of the Community
jedichef's Avatar
United States
781 Posts
 Posted 03/02/2009  8:31 pm  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
jedichefDOTseanATgmailDOTcom
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