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Post An Ike (Eisenhower Dollar)

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argentum's Avatar
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 Posted 02/15/2012  4:34 pm  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply
@stewart

HA!

Well, in that case, I'll have to re-consider how I regard that Ike.
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cc99999's Avatar
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 Posted 02/15/2012  5:31 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
@Stewart- shoot me a motto close up of that bad boy.
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stewart's Avatar
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 Posted 02/15/2012  7:15 pm  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
cc99999

Here is a close up of The Motto, I sent a full size version to your email.

Terry

Post-An-Ike-Eisenhower-Dollar
Edited by stewart
02/15/2012 7:16 pm
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cc99999's Avatar
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 Posted 02/15/2012  11:33 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
@Terry,

that T in trust looks like a tomahawk. Is this a Partial Peg Leg?
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stewart's Avatar
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1126 Posts
 Posted 02/16/2012  08:49 am  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
cc99999,

Good Eyes, Thank You, I completely missed that.
Just reminds me to keep my head clear and look for what is there and not what I expect to see.
Pulled up the Ike Group article on the Partial Peg Leg Proofs.
http://www.ikegroup.org/PPLSEPT08.htm

And it looks like this one is on the extreme end of the scale. I have not had the opportunity to see one in hand with that level of fading.
That is why I love this place, What one of us misses there is a good chance someone else will notice.

Thank You Again

Terry
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stewart's Avatar
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1126 Posts
 Posted 02/16/2012  8:17 pm  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
For some reason the 1971 S Partial Peg Leg Proof pictures disappeared
from the thread. PhotoBucket Glitch I am guessing

Here they are Again

Post-An-Ike-Eisenhower-Dollar

Post-An-Ike-Eisenhower-Dollar
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GR58's Avatar
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11951 Posts
 Posted 02/16/2012  8:38 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Stewart - I was reading one of the new CDN/greysheet articles on modern coins.
They mentioned that very few Ike dollars have graded MS67. What are your thoughts
on this. And where do you think high grade Ike can be found?
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stewart's Avatar
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 Posted 02/16/2012  10:09 pm  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
GR58

What you read is very true, finding an Eisenhower above MS65 or MS66 is sometimes quite an endeavor. Especially some of the early dates. Such as a 1971 S Business Strike 40% Silver Ike "Blue Pack Ike" Due to the fact that they were shipped across country in bags and became quite beat up in the journey. The 1972 Blue Pack Ike's are a little easier to find in MS67 because the mint shipped them in tubes that helped protect them more. Then to find something like a
1971 or 1972 P or D in MS66 or MS67 Then you are getting into the thousands of dollars. And even then some of those have not been found yet such as a 1971 P in MS67 None have been graded that high yet according to the PCGS Price Guide
Link:http://www.pcgs.com/Prices/PriceGui...+Dollar

As far as where to find high grade Ike's
The Ike Group is a good starting point http://www.ikegroup.info/index.php
There are some members on there that sell some of theirs on e-bay from time to time. Also look up a gentleman named James Sego http://www.jmscoins.com/store/home.php
He is one of the leading Eisenhower dollar Dealers in the country. Then of course their is Heritage and other auction houses that do have some nice Eisenhower's occasionally.

Eisenhower's as a series are starting to take off tremendously and they are going to do nothing but get harder and harder to find in the higher grades and especially the varieties within the series.Just in the last four years that I have been collecting the series I have seen an incredible amount of additional activity and interest in the series.

A Great new Book was just released a few months ago called
COLLECTIBLE IKE VARIETIES - FACTS, PHOTOS and THEORIES it is 501 pages and great source of information for any Ike collector. It was put out by the Ike Group, People that live and Breathe Eisenhower dollars
Link:http://www.lulu.com/product/paperba...ies/18703664

I hope this helps.

Terry
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cc99999's Avatar
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 Posted 02/16/2012  10:35 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
there frankly might not be any more than 50-100 MS-67 business strike Ikes in existence. Several of the top-pop 67 Ikes are over graded and I think this will become well established by the end of the year if not early next year. The Ike series is the hardest coin series of the 20th century to find in MS-65 and above. It's a matter of the technology, the composition of the coin, and the size of the beast.

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GR58's Avatar
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 Posted 02/16/2012  11:03 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Thank you both for the good information.

I did put together a Dansco album of Ikes last year. But have been thinking
of doing another. I hope to be able to find some better grade coins raw.
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PlumCrazy814's Avatar
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901 Posts
 Posted 02/16/2012  11:57 pm  Show Profile   Bookmark this reply Add PlumCrazy814 to your friends list Get a Link to this Reply

Quote:
...What you read is very true, finding an Eisenhower above MS65 or MS66 is sometimes quite an endeavor. Especially some of the early dates. Such as a 1971 S Business Strike 40% Silver Ike "Blue Pack Ike" Due to the fact that they were shipped across country in bags and became quite beat up in the journey. The 1972 Blue Pack Ike's are a little easier to find in MS67 because the mint shipped them in tubes that helped protect them more. ...


I was fairly young when these were minted and shipped and may have not known all the ways they were available But I thought all "S" Ikes in 1971 and 1972 were either Proofs in plastic cases in brown boxes or Uncirculated in cellophane in Blue envelopes (hence "Blue Pack"). I don't recall blue pack "Tubes". I don't recall ever hearing the "S" coins in this series ever being considered as business strikes. I do recall the Proofs selling for $10 and the UNC's selling for $3.

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trout1105's Avatar
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7096 Posts
 Posted 02/17/2012  02:16 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I only have one


Post-An-Ike-Eisenhower-Dollar

Post-An-Ike-Eisenhower-Dollar
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stewart's Avatar
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1126 Posts
 Posted 02/17/2012  07:39 am  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
cc99999

The Ike series is the hardest coin series of the 20th century to find in MS-65 and above. It's a matter of the technology, the composition of the coin, and the size of the beast.

I could not agree with you more, My personal thoughts are that they had to re-learn minting of Dollar size coins since none had been minted since the Peace dollar. And the change in metal composition to harder metals that were very hard on the dies made for some very interesting varieties. I think that is why my favorite years of the Ike series are 71 and 72. There was a whole lot of experimenting going on at all of the mints just to get these huge coins out in some type of presentable condition.

Along with Gasparro's enjoyment of being mischievous with the design features of the Eisenhower.
Like the Con Trail on the reverse of the 1971 D FEV (Friendly Eagle Variety) and the what some think may be a very small golf flag just above and right of the designers initials on the reverse.
On some Proofs the small golf flag looks more like a man on the moon to me. But who knows the research continues on this series.
I am sure it will be figured out in time.

PlumCrazy814,
You are absolutely right about the "Unc's" Blue Packs and "Proof's" Brown Box designations on the 40% Silver Eisenhower's, Some where along the line the Unc versions also picked up the "Business Strike" designation amongst Ike enthusiast.

Also you are right there were no tubes of Blue Pack or Brown Box Proofs. I am not sure who did the packaging of the brown box proofs. But the 1971 Unc Blue Pack Ike's were shipped from San Fransisco across country in bags to where they packaged them in the plastic sleeves and then into the well known Blue envelopes. That is why it is so very hard to find 1971 Blue Packs that are not all beat up.
Then in 1972 they began shipping the Unc Ike's in protective tubes to be packaged.

Terry
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cc99999's Avatar
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 Posted 02/17/2012  09:03 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
All good points Terry,

Fact is you will find 100 full bell line Franklins for every one gem business strike Ike. Most coin dealers have never seen a Gem Ike- so most of them don't even think they exist. This will change soon enough.


PCGS POP REPORT FBL FRANKLINS- ALL GRADES 111,335

PCGS POP REPORT GEM and GEM+ IKES CLAD - 18,235


- now keep in mind the submission bias at play here. The Ike is a base metal coin with no numismatic value at 64 and below (there is a market inflated value of 30 or 40 bucks for most PCGS 64s, but this is artificial and I do not take it seriously).

There have been 230,000 Franklins to 35,200 Ikes submitted. Nobody in their right mind would submit an Ike if they didn't think it would make 65 or better- so half of these hopeful gem coins weren't good enough.

When you consider that most of the Ikes submitted for grading were sent in by Ike nuts and Ike experts- and that the success rate for getting a gem coin was 50% - and this after cherry picking much of the raw material in dealer's hands, in the wild.
Edited by cc99999
02/17/2012 09:26 am
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