Why Isn't The 1976 Ike $1 Type 1 Worth More Than The Type 2?

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Author	Replies: 4 / Views: 825
Brandmeister Pillar of the Community United States 6458 Posts	Posted 09/02/2023 12:46 am 1776-1976, Copper-Nickel Clad Type 1 - 4,019,000 1776-1976, Copper-Nickel Clad Type 2 - 113,318,000 1776-1976-D, Copper-Nickel Clad Type 1 - 21,048,710 1776-1976-D, Copper-Nickel Clad Type 2 - 82,179,564 PCGS Article on Type 1 vs. 2 Bicentennial Ike Dollars Given that the ratio of Philly dollars is over 1:25, why is the Type 1 Eisenhower dollar from 1976 worth the same as the Type 2? Four million is a fairly low mintage. Report this Post to the Staff

SamCoin Pillar of the Community United States 3237 Posts	Posted 09/02/2023 02:06 am Probably because, while 4 million is a low mintage, it's a pretty esoteric variety from the perspective of the average collector, and 4 million of them is more than enough for everyone who wants one to have one. Plus 1 in 25 is common enough that it's still reasonably easy to find one in circulation without a ton of effort, unlike, say the 1972-D type 2, which account for about 1 in 500-1000 of all coins minted that year in Denver. Report this Post to the Staff
Petespockets55 Pillar of the Community United States 5770 Posts	Posted 09/02/2023 07:39 am I agree it seems the price should be reflected by the production numbers but demand is the other half of the old "Law of Supply and Demand" equation. If there aren't many collectors interested in them (sorry JBuck & others) there simply isn't the demand to affect the price. Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow. Report this Post to the Staff
Dearborn Moderator United States 94786 Posts	Posted 09/02/2023 08:07 am Maybe the type 1 was just too ugly to be popular.. Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
Brandmeister Pillar of the Community United States 6458 Posts	Posted 09/03/2023 10:34 am https://www.pcgs.com/prices/detail/.../most-active I did notice that there is some price separation at MS-65. I like the chunky letters. If you are going to go 1970's style, you gotta go all in, no holding back. Report this Post to the Staff
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