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 Replies: 16 / Views: 10,906 |
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Valued Member
United States
155 Posts |
Is it common to find Eisenhower dollars for under the spot value? I just paid $2.50 for one and am starting to get concerned that I made a mistake. I didn't buy for the numismatic value, only to jump start my Eisenhower dollar collection (this is the first one)  Also, I have noticed that I can't seem to get anywhere near Kennedy halves for under spot. To be honest, all that I have seen are gong for $2 and $3 over the value of the silver. I'm talking about the onces that no one would want for any other reason than silver content. The kind of condition that makes most collectors cry. Perhaps I am looking in the wrong places. Take care all. |
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Pillar of the Community
United States
2150 Posts |
I dont believe the 74-d had any silver in it.
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Moderator
 United States
187862 Posts |
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Pillar of the Community
United States
4113 Posts |
1973, 1974, 1976 (Bi-Cenntennials) S mints come in 3 versions.
Uncirculated 40% Silver, A Proof which is also 40% Silver and a Proof which is Clad, Copper/Nickel,no Silver.
*However, there were some 1974D, 1976D and 1977D Ike's that were struck on 40% Silver Planchets and they are worth thousands of dollars, if you are lucky to find one!*
Edited by chuckster 125
01/26/2011 5:36 pm
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Pillar of the Community
United States
1348 Posts |
well at least you didn't make a $100 mistake :).
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Valued Member
 United States
155 Posts |
Wow! All I can do is laugh at myself  I had a complete and total mental breakdown and failed to read the footnote stating, that only certain Eisenhower dollars are 40% silver. As stated before at least it was an inexpensive mistake and I'm sure it is not the only one that I will make. Thanks for not nailing me guys! |
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Valued Member
United States
155 Posts |
Chuckstar125, how do I tell if the 1974-D was struck on a silver planchet?  |
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Pillar of the Community
United States
1126 Posts |
Very Funny Thread I love it. The fact that you can laugh at yourself about it is cool I think everyone here has had a Brainfart concerning the hobby at one time or another. Myself, Way more than once  If the 74D is in really good shape 2.50 is about normal for the coin shows I have been to lately, They were $1.25 Not to long ago. Terry |
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Pillar of the Community
United States
1952 Posts |
Timmy if that's the only mistake you make as far as coins go you will be the first in history lol. I don't know your age or how long you have been collecting but you are going to make a lot of mistakes in your collecting time but the only bad one will be the one that you didn't learn from. get the books and learn what your doing before you spend the money on coins. the money you spend on the books will be your most valuable lesson.
good luck
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Pillar of the Community
United States
4113 Posts |
Timmy30:
There are a couple of ways to tell the diff.
If you have a 40% S Silver Ike, compare it with a regular D or P mint mark Ike. You'll see the diff.
To me, one of the best, if not the best,is to go by the weight. All 40% Silver Ike's weigh approx 24.59 grams while the regular copper/nickel weigh only 22.68 grams. That's a big weight differance.
Good Luck!
Edited by chuckster 125
01/27/2011 09:24 am
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Moderator
United States
187862 Posts |
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Valued Member
United States
155 Posts |
Thanks jbuck. That little test is alright  I did a quick test on some Kennedy halves and sure enough the silver looked like the picture and the clad did as well. |
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Moderator
United States
187862 Posts |
You are very welcome. I like using it when I fill a page in a Dansco album that has both clad and silver proof coins in it. It helps assure me that I got them in the right holes.  |
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Pillar of the Community
United States
809 Posts |
I got my 1974-D at the bank....for one dollar. They hate them at the bank.  |
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Pillar of the Community
United States
6326 Posts |
I've bought some at Flea markets......some at Antique shops, face value at the bank, all very reasonably priced (cheap) but the nicest ones I have, came from the coin shop busted from Sets to go into my Dansco album !! ..... I'd encourage you to hit a coin shop if you have one........High Grade Ikes are so beautiful and look SO nice in an album ! |
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Pillar of the Community
United States
4113 Posts |
Check the are in LIBERTY to see if it's a 1974 D "MAJOR PEG LEG " Here are some pics of the 2 that I've found so far and what it looks like. 1974 D Major Peg Leg Coin # 1  1974D Major Peg Leg coin #1 pic2  74D Major Peg Leg Coin #2 Pic 1  74D Major Peg Leg Coin # 2 Pic 2  |
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Replies: 16 / Views: 10,906 |
Posted 01/26/2011 3:18 pm
