19Lyds

These both look like the straight pegleg varieties while the one on top shows some extreme die abrading as indicated by the collapes of the leg midway between the bottom and the cross piece.

jaceravone

Cuzzx, neither one of them looks like a peg leg to me, but wait for 19LDYS, our new resident expert on these to chime in.... or anyone else for that matter. You can still clearly see the complete R. A true peg leg would look as though the angled "leg" of the R is missing.

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"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776

19Lyds

The serifed version of the R has a glob of metal to the right which trails off to the left. It appears that it was added as an "after thought" to the Master Die using a hardened dremel tool. If you look very close you can easily see that the middle of the serif does not blend into the body of the leg which tells me that it was added later.
Original letters would have a continuous height.

jaceravone

Well there you have it.... straight up!

__________________
"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776

jazzcoins

I no somebody did ask this question before,and i would like to know too . What is the premium on this variety? I do collect errors, but i never had an interest in this one. What is the percentage of interest level on this coin too?

Jazzcoins Joe

19Lyds

Not much premium in the variety at all.

There may have been at one time or another back in 1972 afer the differences were discovered, but none recently.

Speculation is that all the proofs made in 1971 (2,180 in September and 1,219,990 in December) were of the Straight Peg Leg Variety. After noticing that the leg faded after extensive use, the serif was added and 2,806,244 were produced in March of 1972 followed by 540 in May 1972 along with 236,820 in June of 1972. (Source: January 2008 Numismatist article "PegLeg IKEs" by the IKE Group. www.IKEGROUP.org )

So, adding the figures up, 28% of the total production would have been the pegleg variety.

Additionally, following the theory, the Pegleg proofs would be the only true 1971 Proof coin.

One more item to think about, the 1974 proof coin was of the serifed variety but die abraded peglegs have been found. The same is true with 1978. Given that fact, there could very well be die abraded versions of the 1971-S Proof coin.

mralexanderb

Very interesting thread. And great photos. I learn something new every time I come here to CoinTalk.

Now to go back and look at my Ikes.

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And it must follow, as the night the day,
Thou canst not then be false to any man.

19Lyds

Have you looked yet and if so, what did you find?

My absolute, most useful ever tool has been my stereo microscope which I truely believe that every serious coin collector should own. A scope with its own lightsource enables you to see (and photograph) far more than any loupe could ever allow.

Without my scope, I'm like a one legged man in a butt kicking contest!

mrbrklyn

I got 9 IKEs today and at least 2 have Talon heads. I'll get picks up later.

Ruben

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