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Ikes And SBA Dollars For Face Value From Bank

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murrellington's Avatar
United States
3276 Posts
 Posted 07/21/2011  01:03 am Show Profile   Bookmark this topic Add murrellington to your friends list Get a Link to this Message Number of Subscribers
so I got like 11 Eisenhower dollars and 5 Susan B Anthony dollars from the bank for face value. I bought these to take pictures for a project I am working on. but I am not planning on keeping them. should I spend them or is there any value added on to them? are they worth selling as circulated coins or should I go spend 'em?
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SW99's Avatar
United States
34 Posts
 Posted 07/21/2011  01:19 am  Show Profile   Bookmark this reply Add SW99 to your friends list Get a Link to this Reply
The Eisenhower's are silver so I would keep them.
Pillar of the Community
United States
619 Posts
 Posted 07/21/2011  01:22 am  Show Profile   Bookmark this reply Add CPC24 to your friends list Get a Link to this Reply
Not all Eisenhowers are silver, only the ones from proof and mint sets in '71-'76. Even those are only 40%. Most are just copper clad.
Edited by CPC24
07/21/2011 01:24 am
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Bowfin's Avatar
United States
296 Posts
 Posted 07/21/2011  01:26 am  Show Profile   Bookmark this reply Add Bowfin to your friends list Get a Link to this Reply
Me personally, I would make sure you don't have a type II and just spend them. I know some people have had luck getting over face for them on ebay, but after the fees, I'm not sure it is a worthwhile pursuit.
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murrellington's Avatar
United States
3276 Posts
 Posted 07/21/2011  01:30 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
All type 2 ikes and all clad. all SBA are 1979 and none are the rare one, wide rim or whatever it is. guess i'll just spend them. thanks guys!
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perfessor's Avatar
United States
927 Posts
 Posted 07/21/2011  01:32 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
The last time I checked circulated Ike dollars are worth 99 cents. lol. The Anthony's are worth even less because they are smaller. Spend those Anthony dollars as fast as you can. They are ugly and they look like quarters. I have even gotten 2 of them over the years as a quarter. I guess I made out on that anyway.
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Conder101's Avatar
United States
17884 Posts
 Posted 07/21/2011  11:50 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
The Eisenhower's are silver so I would keep them.


Quote:
Not all Eisenhowers are silver, only the ones from proof and mint sets in '71-'76. Even those are only 40%.

In general NONE of the P & D Ikes are silver. They are all copper nickel clad.

All S mint business strikes are silver.

All proof 71 S and 72 S Ikes are silver

SOME 73 S, 74 S and 76 S type 1 proof Ikes are silver.

All of the silver Ikes are 40% silver.

(I say "in general" because there are a half dozen or so 74-D and 77-D Ikes struck in silver in error, and there are two known 1973-S business strikes struck in Copper nickel clad.)
Edited by Conder101
07/21/2011 11:55 am
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ljenkins990's Avatar
United States
406 Posts
 Posted 07/21/2011  11:54 am  Show Profile   Bookmark this reply Add ljenkins990 to your friends list Get a Link to this Reply
Spend 'em!

If it were me, I'd try to see if I could spend the Ikes in such a way that they find their way into young hands - few kids these days have seen an Ike and who knows, it might get someone interested in the hobby...
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yankee1227's Avatar
United States
1151 Posts
 Posted 07/21/2011  12:25 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
Ths SBA just spend but I would save some of the Ikes
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 07/21/2011  12:39 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I'm using a bunch of junk foreign coins as "pirate treasure" for a birthday treasure hunt for my little niece who is nuts about pirates right now. I think I'm gonna throw a few Ikes in there too, cause they're so big and fun.
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flotsam's Avatar
United States
115 Posts
 Posted 07/21/2011  3:56 pm  Show Profile   Bookmark this reply Add flotsam to your friends list Get a Link to this Reply
I agree the SBA coin has to be just about the ugliest coin this country ever minted.
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/21/2011  6:13 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
Silver? Clad? It is all right here. http://www.coincommunity.com/us_dol...senhower.asp
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yankee1227's Avatar
United States
1151 Posts
 Posted 07/21/2011  6:16 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
Ive actually gotten a couple SBA dollars in change as quarters.
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jprine's Avatar
United States
1599 Posts
 Posted 07/22/2011  11:30 pm  Show Profile   Bookmark this reply Add jprine to your friends list Get a Link to this Reply
Picked up 90 Ikes today from my bank. Pulled the 72's and found two talon heads. Yahoo-I Like Ike.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 07/23/2011  7:12 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I keep all Ikes that are not totally mashed. They are getting harder and harder to find. Yes, a ton were minted, but they are steadily going away. Most bank tellers around here dont even know what one is, even when I show them the one I carry. They think its a half. So yeah, keep 'em.

SW99, as pointed out, they are most likely NOT silver. None of the silver Ikes were meant for circulation (aside from those ultra rare mistakes mentioned). They were all collector coins. Anything meant for circulation were simple clad coins. You might possibly happen upon a silver if you were REALLY lucky, but the odds are pretty high against that.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 07/23/2011  7:23 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
I just heard about someone finding a silver proof ike at a bank on the treasurenet.com roll hunting forum, but that's probably pretty rare. People find Morgan dollars (rarely) at banks though, so you never know...
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