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Ikes

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Author Previous TopicReplies: 14 / Views: 1,322Next Topic  
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reupman's Avatar
United States
597 Posts
 Posted 04/08/2011  11:00 pm Show Profile   Bookmark this topic Add reupman to your friends list Get a Link to this Message Number of Subscribers
so what do we do with our ikes? I collected mine as a kid every time I saw them at the counter when I was at the bank with my parents I bought all they had I thought they were neat and they didn't make them any more. now I have a a hundred of them seems there will not be any value even in the future? so spend them or keep them for 40 more years?
Pillar of the Community
United States
2168 Posts
 Posted 04/08/2011  11:06 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list Get a Link to this Reply
I never really collected them. My mindset has changed over the past year or so with our economy and the dollar losing ground, I have decided to just keep any and all coins since they all have intrinsic value. Nickels and pre 1982 (and the current penny is worth almost a penny) are worth in metal more than their face value so a better no cost investment. Just my thoughts but I would just hang on to them.
Bedrock of the Community
United States
20753 Posts
 Posted 04/08/2011  11:17 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Some coins regardless of quantity minted, where minted, when minted just don't catch on with the general coin collecting populace. However, there are those that do make a really big deal of those same coins. For example there is a web site called jmscoins where the person on that web site has all kinds of Ike dollars in a registry set and spends a lot of time bragging about Ike dollars there. He also sells at coin shows and once started on Ike dollars, really can fill your ears.
Popularity in some coins comes and goes and some never really hit it big. Many of the Nickels are like that. No real great numismatic interest with the general populace. Jefferson nickels are really easy to collect due to that. Of course even an entire collection has low value and that is mostly due to lack of interest.
Hang on to all your Ike dollars. If the trend suddenly goes for them, you will have a real head start. That is so much better than in 20 years telling us all that you shoulda, coulda, woulda saved a lot of them but to late now.
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jbuck's Avatar
United States
187702 Posts
 Posted 04/08/2011  11:41 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
You are new to the Community, so you may not know this, but I love the Eisenhower dollar!

My interest in coins began when my dad gave me two Eisenhower dollars in 1978, the Eisenhower dollar Dansco album was the first set I completed, and I still have every Eisenhower dollar I have ever acquired (that is, I have never spent, sold, or given away one).

Now that you know that, you can probably guess my answer to your second question.
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Deltron's Avatar
United States
508 Posts
 Posted 04/09/2011  12:20 am  Show Profile   Bookmark this reply Add Deltron to your friends list Get a Link to this Reply
I also have saved every Eisenhower dollar I have come across since I was a child. I honestly don't have all that many, but I will hang onto them regardless, I slowly acquire more at the bank when one of the tellers happens to have one sitting in their till.
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Darth Anarchus's Avatar
United States
1388 Posts
 Posted 04/09/2011  01:27 am  Show Profile   Bookmark this reply Add Darth Anarchus to your friends list Get a Link to this Reply
I like the fact that it's a pretty short series that is fairly easy to get a brilliant set. And then if desired, there are some really good varieties to sink your teeth into
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coinsearcher83's Avatar
United States
1358 Posts
 Posted 04/09/2011  07:48 am  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
I've also saved every single Ike I've received.. Except I've never got any :P
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stewart's Avatar
United States
1126 Posts
 Posted 04/09/2011  08:01 am  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
The Eisenhower dollar is one of the least studied coins
in numismatics up until recent years. there are new
varieties being discovered in the series all the time
because of this fact.
By numbers of sets they are the most popular
PCGS registry set with collectors in the Dollar category.
Out doing both Morgan and Peace dollars.
Yet PCGS will not even recognize on of the most unique
coin varieties (Pattern I think) in the series.
The 1971-D Friendly Eagle Variety. With 11 separate
naked eye die markers (I need a glass for some Getting older)
they still refuse to recognize the coin.
There is one collector I know that is part of the Ike Group
that is working on a box of twenty of just Ike variety
Discovery Coins. If memory serves he only has 7 to go to fill the
box of twenty. Here on this forum one member Chuckster found
a discovery coin being the 1971-D FEV DDO-DDR.
There is a new Eisenhower dollar book coming out soon also
400 plus pages. I am dieing to get my hands on it.
I have been fortunate enough to be able to preview a few chapters
and it looks to be a good book for the Eisenhower collector.
And the fact they have been largely ignored for so long
means that there is some really good ones in high grades
Which high grade Ikes can run into the thousands of dollars
still out there to be found in the wild.
I feel I have been fortunate to get in on the ground floor of
Ike's a handful of years ago and they have steadily been picking
up steam ever since

Just my Humble opinion and experience with what is now
one of my favorite coin series

Just call me an Ikeaholic



Edited by stewart
04/09/2011 08:02 am
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Chriscoinmaster's Avatar
United States
337 Posts
 Posted 04/09/2011  11:12 am  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
I save all of mine because they are big goofy coins
I used to use them to dive for at my cottage. My great aunt gave them to me when we would leave her house after a visit
I would toss 5 into the lake and try and fight my brothers and sisters as to who would find them.
amazingly we never lost any!
this was before I was a collector
I still have them all and still use the really rough looking ones for my littlest brothers and sisters to dive for in the pool
they come out looking way nicer when we are done in the pool.
does that make the coins dipped lol
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Coinstar's Avatar
United States
1510 Posts
 Posted 04/09/2011  11:43 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
I save them-- last time at a family gathering I gave them out to all my neices and Nefews they thought they were cool-- I just told them "dont spend them"
Retired USAF 1983-2003
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carmykle's Avatar
United States
2448 Posts
 Posted 04/09/2011  12:58 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply

Quote:
I save all of mine because they are big goofy coins


Absolutly! You gotta love em! Wasn't it the first circulated coin to celebrate the moon landing?
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VisigothKing's Avatar
United States
4778 Posts
 Posted 04/09/2011  1:52 pm  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
I chuck my Ikes at passing cars . -KINK!- (Driver): "What the heck was that?!?!"

Just kidding, I pretty much never come across them, so any that do I find, I keep.
Pillar of the Community
United States
632 Posts
 Posted 04/09/2011  2:10 pm  Show Profile   Bookmark this reply Add willy13 to your friends list Get a Link to this Reply
thats pretty cool that you have that many, keep them.
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Chriscoinmaster's Avatar
United States
337 Posts
 Posted 04/09/2011  2:19 pm  Show Profile   Bookmark this reply Add Chriscoinmaster to your friends list Get a Link to this Reply
changing my plans from using them as diving objects in pools and lakes to items to chuck at idiot drivers haha
best idea I've heard for anything in a while
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DNA's Avatar
United States
2734 Posts
 Posted 04/09/2011  2:23 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I bought four Ikes from a Starbucks barista's cash drawer
this morning.

My first coin "collection" was a pickle jar full of Ikes.

Quote:
I chuck my Ikes at passing cars.

I have enough Ikes to crush a car.

Edited by DNA
04/09/2011 7:01 pm
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