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My Bank Had Lots Of Ikes!

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mycrob's Avatar
United States
2602 Posts
 Posted 08/12/2010  1:34 pm Show Profile   Bookmark this topic Add mycrob to your friends list Get a Link to this Message Number of Subscribers
I just picked up an incredible $120 worth of Ikes at the bank today. I've never gotten more than a couple before, so this was amazing! Anyhow, I was excited to look for the Friendly Eagle Variety (FEV) and of course the all-elusive 1972 Type 2.

Out of 17 1971-D I found 2 possible FEVs, one of which is in really nice shape. I think they are right- the shape of the Gulf of Mexico is different, as are the islands and the Eagle's furrow compared to the common 71-D. I did a quick look on ebay and there are two FEVs up, $450 and another for $550, both MS graded & certified. I don't think mine are worth anywhere near that much.

Anyhow, that was really a cool find!

Both of mine have also the apparent Re-entry vehicle (REV) markings, which I did not know about and don't really know if that is a normal part of the FEV reverse. See http://cgi.ebay.com/PCGS-MS65-1971-...S_Individual for REV.

As for 72 Type 2, didn't get any- all of mine were Type 3.

As for 76 Type 1 and 2, didn't get any Philly Type 1, but Denver got 11 Type 1 (just a few are nicer) and 27 Type 2. I got no 71 P or 77P so can't even put together a circulated business strike set yet (and of course, no 73 P & D for obvious reasons). Got a few nice AU-BUs.

Now, I like Ike, too
Edited by mycrob
08/12/2010 1:36 pm
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coinsearcher83's Avatar
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1358 Posts
 Posted 08/12/2010  1:38 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
That's awesome! My bank never has large dollars (it barely has halves for that matter)... Never heard of the FEV variety before...
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daviscfad's Avatar
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4541 Posts
 Posted 08/12/2010  1:58 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
|I had never heard of the FEV reverse either, heres a little info that might help


By the way nice find MyCrob
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mycrob's Avatar
United States
2602 Posts
 Posted 08/12/2010  2:12 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Thanks for the link daviscfad, that's exactly the site I was on to look for the FEV and should have out that in my post above. The FEV is gaining in popularity I think. It's estimated that only 500,000 FEV 1971-D were minted. If I understand right, a subset of the FEVs also have DDO or DDR (or both).
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Nobis1's Avatar
United States
364 Posts
 Posted 08/12/2010  5:46 pm  Show Profile   Bookmark this reply Add Nobis1 to your friends list Get a Link to this Reply
I too found 33 Ikes today at my bank. All are circulated and none are silver. Are clad Ikes worth anything more than face? I was going to deposit or use for lunch.
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mycrob's Avatar
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2602 Posts
 Posted 08/12/2010  5:54 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
On ebay, people are selling 100 ikes for 130-160 range, but I don't see too many buyers. Any coin dealer will tell you to spend them as tips. Someone here on the forum might be interested in buying them slightly above face value. I think, given that they can hardly be found anymore at banks, that they should be worth a small premium over face.

And nice BU examples should be worth much more than face.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 08/12/2010  6:39 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I would love to find a wad of Ike's like that. Got two last week 72 P&D, first ones I have gotten in over a year. Nobis, if you had enough posts and the the proper amount of time in, I would have made an offer on your Ike's. So just do this. Spend them, but do it a two or three at a time and do it all over town. You just might get someone to take up the hobby this way. Or see what you can get on the Bay for them.
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United States
320 Posts
 Posted 08/12/2010  8:04 pm  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
I'd heard of FEV before but never really pursued it.. I have quite a number of Ikes, hearing $450 as a price tag sure makes me want to learn more/take a look at them.

Not that I'd sell them, mind you. They came from my grandma and whether worth $450 each or $1 each makes no "real" difference---- but it would be cooler to have something worth that much even so.

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