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Silver Eisenhower Dollars

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jbuck's Avatar
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164145 Posts
 Posted 11/13/2024  1:46 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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The US Mint could have included the silver proofs in those sets. No reason to specifically strike base metal coins for those sets.
They could have, but then it would have been a mixed set and outside of the tradition of the time.
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jbuck's Avatar
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 Posted 11/13/2024  1:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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Annual proof sets generally are proof versions of circulating coinage. The circulating Ike dollar was Copper nickel.
You said it better than me.
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Humanist1287's Avatar
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 Posted 11/14/2024  06:04 am  Show Profile   Bookmark this reply Add Humanist1287 to your friends list Get a Link to this Reply
So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver?

Seems like a pretty strange series. I don't get why the inconsistency in minting. I'm sure a non silver proof would probably still be cheaper than a silver proof as well.
Even the entire set of Eisenhower dollars, which would include all the proofs in Dansco's full album, wouldn't really technically be too hard to accomplish.
I just like when it's cheaper. Lol
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ratman4762's Avatar
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 Posted 11/14/2024  08:32 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply

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So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver?

ALL "S" mint business strikes (non-proofs) are silver. ALL 1971 & 1972 "S" mints are silver. The only three "S" mints that come in both silver and clad are the 1973,1974,1976 Proofs. Knowing these basic facts can help you score silver Ikes that have been removed from original packaging for less than melt. If you spend enough time on ebay, you may be able to score all the silver Ikes in original packaging for less than melt.
That being said, Ikes are a reasonably inexpensive set to collect.
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jbuck's Avatar
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164145 Posts
 Posted 11/14/2024  11:22 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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So, from what I can tell, it seems most of the various S minted coins, even non-proofs, are silver?
Ten of the sixteen are silver, of which five are uncirculated business strikes and five are proof. The remaining six are cupro-nickel clad proof.

Something I want to point out is that the 40% silver Ikes are also clad. They have a 20% silver core sandwiched between two 80% silver layers. The balance for both are copper.

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Seems like a pretty strange series. I don't get why the inconsistency in minting.
Welcome to the US Mint!

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I'm sure a non silver proof would probably still be cheaper than a silver proof as well.
This is true. For what it worth, the silver proofs are slightly higher than the silver business strikes—except for 1971 and 1972 where I paid more for the business strikes than the proofs.

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Even the entire set of Eisenhower dollars, which would include all the proofs in Dansco's full album, wouldn't really technically be too hard to accomplish.
So easy I have done it twice. First set in the Dansco, a second set in PCGS holders.

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I just like when it's cheaper. Lol
That feeling is universal.
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jbuck's Avatar
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 Posted 11/14/2024  11:23 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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That being said, Ikes are a reasonably inexpensive set to collect.
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 Posted 11/15/2024  05:58 am  Show Profile   Bookmark this reply Add shaef13 to your friends list Get a Link to this Reply
If you're new to numismatics, understanding the term 'Business Strike Coin' is crucial for navigating the world of coin collecting. A Business Strike Coin is a coin produced for general circulation and intended for use in everyday transactions. These coins are minted using regular dies on standard planchets and are struck under normal conditions meant for widespread distribution. In contrast to proof coins, which are specially made for collectors and exhibit highly polished finishes, Business Strike Coins are minted in larger quantities and are more readily available to the public.
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jbuck's Avatar
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 Posted 11/17/2024  2:45 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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A Business Strike Coin is a coin produced for general circulation and intended for use in everyday transactions.
Just to be clear, they are not guaranteed to be used that way. It certainly describes the minting process used (as opposed to proof, for example), but not always the coin's purpose. There are various reasons why business strikes do not circulate.

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Coinfrog's Avatar
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 Posted 11/17/2024  2:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I understand why the Kennedy halves didn't circulate much, but why not the Ikes? If it's size or bulk, then why don't the smaller dollars SBAs, Sacs, etc) really circulate?
Edited by Coinfrog
11/17/2024 2:54 pm
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jbuck's Avatar
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 Posted 11/17/2024  2:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Dollar coins will never circulate—regardless of size—as long as the dollar notes are still being printed.

Canada removed the one and two dollar notes the same time they introduced the Loonies and Toonies (1987 and 1996). The coins have no competition there.
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Coinfrog's Avatar
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 Posted 11/17/2024  3:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, same thing in the UK.

So why do you think we don't eliminate the $1 and $2 notes?
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jbuck's Avatar
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164145 Posts
 Posted 11/18/2024  09:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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So why do you think we don't eliminate the $1 and $2 notes?
Powerful lobbyists and the fact that Americans are generally resistant to change.
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