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Ike Dollars

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Ralph's Avatar
United States
1582 Posts
 Posted 09/13/2006  11:44 pm Show Profile   Bookmark this topic Add Ralph to your friends list Get a Link to this Message Number of Subscribers
The subject of Eisenhower dollars may have been discussed in another spot, but I haven't read it, so I would like to ask the forum - why are the Eisenhower dollars not popular? At least they don't seem to be from what I've seen, and heard. I've got the complete 32 coin set in a Dansco Album, and I think they look pretty spiffy. I mean, the uncirculated have the same mint luster as any other uncirculated coin, and the proof coins have the same deep mirror field as any other proof coin. So I'm curious - what's wrong with them? Why is it that people don't seem to care for them all that much?
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scoutjim99's Avatar
United States
4589 Posts
 Posted 09/13/2006  11:50 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
Truely I do not know except for the majority are not silver. and the ones that are are only 40% . however for some unknown reason I for one really like them . I think maybe because the were it the American dollar when I was born. Americans went with out a dollar coin for so long that the generations who were not familiar with carrying big bulky coins automatically did not like them , One would assume that has a lot to do with it as well as the lack of silver content.
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longnine009's Avatar
United States
1247 Posts
 Posted 09/14/2006  01:21 am  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
I like Ike! At least the general anyway. That dude had to have some brass bells to launch D-Day when he did. No wonder he was a chain smoker.

But I believe the reason the coin is not so popular with coin collectors is because of Morgans. Morgans are the king when it comes to dollars. Peace dollars aren't that popular right now either and they're silver.

People that start out on Morgans pretty much have their hands full for awhile, maybe even for the rest of their life. Maybe for several life times if they get into VAMs.

Ikes have had their moments in the past but not very much. Blue and Brown Ikes were very popular for awhile during the 1979-80 bull market.

The late Steve Kaden--(Catman) made an interesting comment once about Ikes. How do grade a coin with a bald guy on it?

Don't let it discourage you! If no one else wants to collect them that leaves more for you at better prices.
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Metalman's Avatar
United States
7123 Posts
 Posted 09/14/2006  03:44 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
quote:
Originally posted by dsking

I agree with scoutjim's explanation as to their lack of popularity. I don't see a collection of halves as being complete without them. Maybe it's the generation where they have been circulated and it brings back too many bad memories - who really knows? They may become a fad to collectors someday too. My first thought is because they're clad though.



Did I miss something ? what do halves have to do with Ike dollars ?


anyway,, Ikes are a big cumbersome coin, that even at the height of their minting saw very little circulation, except for the casino's which I think was the main intent when minted !! they never really developed as a highly sought after collector coin,, I think that will change it may take a few more decades but it will happen.

Rick

Valued Member
grouse12's Avatar
New Zealand
227 Posts
 Posted 09/14/2006  05:50 am  Show Profile   Bookmark this reply Add grouse12 to your friends list Get a Link to this Reply
It does seem strange to me that a coin that celebrates one of the greatest triumphs of mankind let alone the United States is not more popular. I suppose when the centenary of the moon landing comes around every one will want them!! I have a few of them myself including the 1971 silver clad. Well I had to get that one it was the year of my birth!!!
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United States
891 Posts
 Posted 09/14/2006  05:51 am  Show Profile   Bookmark this reply Add Southern Yankee to your friends list Get a Link to this Reply
I like the Ike dollar as a collectable, but I don't like them for spending cash. To big to carry to many of them. The less people collect them the cheaper they are for me.
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TLS5933's Avatar
United States
1703 Posts
 Posted 09/14/2006  06:13 am  Show Profile   Bookmark this reply Add TLS5933 to your friends list Get a Link to this Reply
I think there's a couple reasons there not more popular.As others have said one reason being their a clad coin and the silver coins seem to be the hot ticket right now, I suppose for there value. The second reason I feel could be because of a somewhat plain obverse,It just does not attract collectors.I have to say I would much rather look at Miss Liberty and all the fine detail then Ike's bald head.

Ike was President when I was born ,so they have a special meaning to me also and I made a point to get the Ike Commemorative coin.I would like to have the complete Ike dollar set someday also,its just not a high priority right now.
Ralph,you should be proud of owning that set.What it means to you is whats important.
Edited by TLS5933
09/14/2006 06:31 am
Valued Member
morganman's Avatar
United States
397 Posts
 Posted 09/14/2006  06:20 am  Show Profile   Bookmark this reply Add morganman to your friends list Get a Link to this Reply
I have to agree with TLS5933. It is a very plain coin, much like the Peace dollar, and also both series were plagued with weak strikes on an already weak design.

Simply put, to me they are not pretty coins in regular strikes. The proofs are somewhat better, but just do not "jump out" at you like the Morgan or St Gaudens series.

MM
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Ralph's Avatar
United States
1582 Posts
 Posted 09/14/2006  11:40 am  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
Yeah, I like the way the set looks in the Dansco Album, and, too, I was born in 1948 so I was just a pup when Eisenhower was president, but I can remember seeing the Ike dollars in circulation.
I agree that they would be too cumbersome to carry around for spending purposes, and clad coins aren't in demand the way silver coins (for the most part) are.
They may not be attractive to some, but they are, in my opinion, necessary for any dollar collection to be complete.
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Dewayne76's Avatar
United States
590 Posts
 Posted 09/16/2006  10:39 am  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
I really like them. Compared to the SBA and the Sacagawea dollars the Ike is the clad king. I like the the bigger coin.
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toast's Avatar
Australia
1091 Posts
 Posted 09/16/2006  6:42 pm  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
I wonder how many school kids, or young adults for that matter, would recognise the portrait and say WHO is on the coin.

Dwight D. Eisenhower was not so much a famous president as much as a famous general. His portrait on the coin is not glamorous, but the designer had little to work with as Ike was not a pretty man.

I think the designs of this coin are a bit of a mis-match.
The moon scene instantly makes me think of President Kennedy not President Eisenhower. It's the view of the small earth (with a larger than life USA)that gives the impression that the eagle is on the moon as the craters are not all that identifiable. To me the design is so unreal that I worry the eagle is about to die in the cold vacuum of space. The eagle also has lost his arrows and is only carrying the peaceful leaves with both claws, very symbolic.

On the Bicentennial coin the Liberty bell was added with the moon in the background. I think of the Ben Franklin half dollars each time I see the bell and again half the moon seems crater-less.

As a collector, I think the large size of the coin is the best thing going for it. Size cannot be why these were not popular as this coin was replaced by the much smaller Susan B Anthony dollar which also did not prove popular. I gather neither is the Sacagawea dollar popular.

I have heard that each design has to stay for a number of years. When was that law brought in? Eisenhower dollars lasted only eight years and Susan B Anthony only a few.
Pillar of the Community
United States
751 Posts
 Posted 09/16/2006  10:48 pm  Show Profile   Bookmark this reply Add texasmick to your friends list Get a Link to this Reply
quote:
Originally posted by toast

I think of the Ben Franklin half dollars each time I see the bell


And when I see it, I usually get excited over the full bell lines!
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Irishraider's Avatar
United States
1454 Posts
 Posted 09/16/2006  11:29 pm  Show Profile   Bookmark this reply Add Irishraider to your friends list Get a Link to this Reply
I would probably get some of the 40% silver ones in the future just so I could say I have a couple. Mainly the only reason I have Kennedy half dollars at the moment also. I am not a collector of them but a dabbler just to have a few. I suppose the lack of appeal for me is that they are clad but my views are changing on this as time goes by and the more world coins I see whose composition is mostly made of nickel, copper, brass or some other non noble metal and lots of them are nice so I can't say that just because our current coinage is clad that I wouldn't collect a few whereas in the past I would have said no silver no way.

*Edited because I can't seem to finish a thought these days from being sick*

Edited by Irishraider
09/16/2006 11:50 pm
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dsking's Avatar
United States
2365 Posts
 Posted 09/16/2006  11:34 pm  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply
"Did I miss something ? what do halves have to do with Ike dollars ?" Metalman

No Rick...you didn't miss anything I DID! Just another ditzy moment of not being awake. Sorry!

(previous post removed)
Edited by dsking
09/16/2006 11:38 pm
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cladking's Avatar
United States
2271 Posts
 Posted 09/17/2006  12:55 am  Show Profile   Bookmark this reply Add cladking to your friends list Get a Link to this Reply
A lot of people hate clad so simply wouldn't consider collecting them. Also they are modern. Many people just assume all moderns are hopelessly common and uncollectible on this basis alone. But the one that puts a nail in the coffin is the fact that these coins are hard to find in nice attractive condition. Uncs tend to be poorly struck and all banged up and those which are worn often have the kind of scratching seen on casino coins. Attractive examples of these coins are tough in any grade. When people look at them they just see ugly for one reason or another.

Of course there are lots of Ike lovers who appreciate the design and history of the coin. And there are some very nice coins in all grades if you have the patience to look.
Time don't fly, it bounds and leaps.
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