Will Circulated Ike's Ever.....

I see them selling for 1.25 to 1.75 for circulated ones on ebay. There is a small premium. Can't be obtained from the bank except rarely. Fed reserve is supposed to have them, but no one seems to have successfully ordered any. The ones that will be worth multiples over face value are mint state examples.

I wouldn't risk selling them on e-bay.... after the fees, and your time... I don't think it'd be worth it. Unless you are hoping to find a true gem or a variety coin... it's a risk and I have better things to tie my money up with.

I would be interested in watching Ikes on e-bay and seeing how well they sell.

I don't see cirrculated Ikes as doing anything of significance. The primary reason is it is a small collection and Uncir coins can be bought for $3.50 - $10.00 with the exception of the 1973S and the 1976S.

Hope this helps,,

Mike

I haven't been able to get Ikes at the bank for the better part of a decade. Tell me, for those of you who were around back in the 1970s--did people actually actively spend them? They're just a hair smaller than the gigantic holed boulders the ancients used as currency in Micronesia, so I've always been curious as to whether or not anyone actually liked using them.

I picked up $27 of them at my bank a week ago ...... (see my previous thread) ...... I'm going to hang on to them ......

May never be worth more than $1 ..... but for sure not less!

David

My first 'coin collection' as a kid (in the 1970's) was a pickle jar
full of Ike's. I got them from circulation. Cashiers were always happy
to give me Ike's as change, or trade them for bills.

I also got to keep a large number of Ike's from my parents' vacations
to Las Vegas in 1975 and 1976, when Ike's were in active use in the
slot machines. The '75 Vegas haul included a 40% 1971-S and a 1973-D!

Lucky me, in the Colorado mountain towns there are still plenty of
coin-operated slots, in fact the #1 volume slots in the Colorado
mountains are still 'penny slots' (yes, that take Cents!).
Some slots run on 26.5mm Dollar coins, but there's no active 38mm
Dollar slots in Colorado...

Irishraider,
For die varieties you can not beat Ike's. There is a large number of them for such a short series. I started out to build an Eisenhower set.
Thinking short set cheap to build. Could not have been more wrong.
Here it is a year and a half later and the set is only 90% complete. Regular cuni-clad business strikes are very hard to find in higher grades. (Check out some auction prices realized) The prices they are going for never ceases to amaze me.especially in MS-67-68
The 71-s Silver Business strike is a real adventure to find with out being beat to death with bag marks from the mint. As far as general circulation Ike's they will gain in price similar to what happened to the Morgan's, once the higher grade ones are priced out of small collectors price range the variety search will begin in earnest. that is what happened back in the day with the Morgan's VAM's for Morgan's, DIVA's(Designated Ike Varieties) for Ike's, Here is a place to check out the different information on Ike's http://www.ikegroup.org/
Great Site

I had an uncle who gave me a BU 1977 Ike dollar in 1978. Still have it. I've amnaged to pick up Ikes every once in awhile at the bank, but they almsot never have them. I have about 80 of them now.