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$40 In Ikes From The Bank: What Should I Do With Them?

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hugemistake2003's Avatar
United States
172 Posts
 Posted 07/10/2010  1:42 pm Show Profile   Bookmark this topic Add hugemistake2003 to your friends list Get a Link to this Message Number of Subscribers
I just bought $40 in Ikes from my bank...the most I've ever gotten. I took out the finest specimen for each date I needed and gave myself some much-needed upgrades for my 7070. What should I do with the rest? I know they are not very valuable, but would a dealer pay any more than face for them? There were no silver coins in the bunch.
Valued Member
United States
103 Posts
 Posted 07/10/2010  1:54 pm  Show Profile   Bookmark this reply Add zazenboy to your friends list Get a Link to this Reply
Nice find, hugemistake2003! My bank never has Ikes now, only the occasional Susie and lots of golden dollars from 2000. They also don't order any of the Presidential dollars either since probably no one aside from me asks for them. I'm sure someone on CCF would be happy to trade you for your extra Ikes, but don't take them back to the bank!
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jedichef's Avatar
United States
781 Posts
 Posted 07/10/2010  3:20 pm  Show Profile   Bookmark this reply Add jedichef to your friends list Get a Link to this Reply
pm me if you p'd like to sell or trade. You don't have any contact info listed so I couldn't pm you.
Valued Member
United States
102 Posts
 Posted 07/10/2010  3:53 pm  Show Profile   Bookmark this reply Add maichinht to your friends list Get a Link to this Reply
Sorry for being a newbie, what are "ikes"? :)
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Adam_E's Avatar
United States
4846 Posts
 Posted 07/10/2010  4:16 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list Get a Link to this Reply
they are 1 dollar coins minted from 1971-1978
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lorax's Avatar
United States
162 Posts
 Posted 07/10/2010  4:40 pm  Show Profile   Bookmark this reply Add lorax to your friends list Get a Link to this Reply
They go for a little over face on 'Bay, I saw someone recently had several auctions for 10 of them close betweek $10 and $25 + shipping (not sure if they lost money after fees on the low ones or if shipping covered the fees.)
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/10/2010  5:46 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
i just bought 300 from my bank up here. I asked if they had any IKEs and the vault manager respond,

"how many you want?"

I love those responses.
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AndrewC's Avatar
United States
335 Posts
 Posted 07/10/2010  5:56 pm  Show Profile   Bookmark this reply Add AndrewC to your friends list Get a Link to this Reply
Sell some and have a contest with some.
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Nicholas's Avatar
United States
56 Posts
 Posted 07/10/2010  6:41 pm  Show Profile   Bookmark this reply Add Nicholas to your friends list Get a Link to this Reply
Ike was the nickname of Dwight D Eisenhower, who's on the dollar coin from 1971-1978
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/10/2010  7:32 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Anyone know of any variations or chery picks I should be looking for through these 300 IKEs?

Probably gonna keep em, What do you guys think?
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carmykle's Avatar
United States
2448 Posts
 Posted 07/10/2010  10:18 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Hey, don't blow off Ikes, yes they're not the most sought after but the can still bring in 12-25 bucks apiece for unc or proof silver varieties. It cost me 15 bucks to get a Blue Ike to finish off a second collection for my kids.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 07/10/2010  11:33 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
First of all make sure none of them are silver (40%). It isn't too uncommon to find a few "S" mint Ikes as some people broke them out of their brown boxes from the Mint. Also be on the lookout for the valuable 1972 coins with the Type II Reverse http://reviews.ebay.com/1972-Type-1...000002147718 this link will show you how to identify them. Even circulated they go for $40 to $50.
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/10/2010  11:36 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Yea, I already checked for silver, obviously.

I couldn't remember what year had the funky reverses.. thanks!
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spaceace's Avatar
United States
797 Posts
 Posted 07/10/2010  11:45 pm  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
the 1975/76 bicent. Ike had 2 different varieties. Variety 1 has a "thicker/chunky" lettering on reverse and variety 2 has a thinner lettering on the reverse. Not much of a premium difference but still interesting. If you end up finding both varieties for the 1976(P) Ike, let me know if you want to get rid of them.
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Namachieli's Avatar
United States
2120 Posts
 Posted 07/11/2010  12:17 am  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
i still need a type 1 "P" Ike Too. lol
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Scooby Due's Avatar
United States
4000 Posts
 Posted 07/11/2010  12:21 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
I have a '76 Type I & II - can't remember if they are P or D - let me check.

They are D's. They were given to me by my boss. He came in with a bunch of coins for me to look at and tell him if he had anything good. He had almost a complete set of Susan B's, including a wide rim and 2 Ikes. Thought it was funny that he only had 2 Ikes and they were type I & II's.

After I showed him the coins of interest, he said - "you can have them".

Sweet!
Edited by Scooby Due
07/11/2010 12:25 am
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