im a bit confused i heard about silver verisons of the ike dollar but were there any silver ike dollars for circulation? basicly what im asking is did the mint make 40% silver ike dollars for genral circulation? thanks bob p.s sorry about spelling i hate going back and fixing things
NO, I think They were just in mint set's, and in What they called blue packs. i don't believe there were any silver coins made for circulation after 1964. I could be wrong. i am wrong, they made some Kennedy halves from 65-69 with some silver in them.
After 1964 the only business strike coins that contained any silver where the Kennedy halfs at 40% silver, 1965 thru 1970. Actually the 1970 halfs were only minted in Denver and only available in mint sets. Giving them a premium over other 40% silver halfs. 1971 was the first year for the Ike dollars. All business strike coins where copper nickel clad. The proof (brown) Ikes and mint (blue) Ikes are 40% silver, both single issues 1971 thru 1974 only. The Bicentennial sets, both proof and Uncirculated are 40% silver. These sets contain dollar, half and quarter, all 40% silver. That is it for silver Ikes.
You're wrong about the Ikes, too, Ed. I don't know how long this went on, but 40% silver Eisenhower dollars were produced into the '70s, in both proof and regular. I have two nonproof Ikes dated 1971. The card that came with them says, in part, "These coins are produced in the same manner as coins made for general circulation, the only difference being that they contain 40% silver whereas those made for regular use will be cupro-nickel. "The uncirculated coins, unlike the individually produced proof coins, are minted on high-speed presses, moved along conveyors, and run through counting machines. No attempt is made to impart a special finish such as appears on the hand-processed proof coins...." I don't remember the full story about these coins--how many were produced and for how many years--but the point is that 40% silver Ike dollars were minted long after 1964.
All ya gotta do is look in the Red Book. They made silver clad Ikes, for circulation, in '71, '72, '73, '74 & '76.
How to tell if you have a silver Ike, proof or uncirculated? Look at the reeded edge. If it is all silver and no sign of copper, it is a 40% silver coin.
Are you saying they released both silver clad and cupronickel clad for circulation? Or that they made silver clad via the same process and sold them at a premium (blue ikes)?
Hmm.. All of the 40% silver Ikes made for collectors were run off on proof or mint set presses at low speed and higher pressure except for the last 11,000,000 of the '76-S unc pieces. Almost all of these ended up being melted by the mint in 1982 after years of dismal sales. There was a 40% silver 1976-P Ike proof that turned up in circulation. There have been a few '77-D 40% Ikes made on high speed presses and released to circulation. These were struck on planchets inadvertyantly left in tote bins returned to Denver from San Francisco at the end of the bicentennial era. Generally speaking, no, there were no 40% silver Ikes intended for circulation and the ex- ceptions were accidendal on some level.
I always thought so too. But explain to me why it says what it says in the Red Book. On the very same line it says Silver Clad, it lists the Proof mintage and the business strike mintage. It doesn't say one was and one wasn't - it says both were, silver clad.
Apologies Sam, Ed - suffered a brain cramp. Hate it when that happens :desk: You guys are of course correct, the coins were not issued for circulation, but they were silver clad business strikes. The Red Book lists them yes, but they were sold as collectors items by the mint. Lordy - now where's that icon -
Here is a pretty one. I have been on a Ike buying streak of late I have many dealers looking for me (good buys LOL) this one only $14 for a slabbed coin.
for that same coin how much would that be by a regular coin dealer slabed by pcgs at and average price and what would be a high price be? because i never have bought a slabed coin and i think this coin in particular has sparked my interseted
Not sure what you saying. I got the Ike in the slab for only $14. It would cost you about 20 to 30 bucks to getit slabbed. The coin alone is worth that. Sometimes you can get a deal
I have a 1973-s unc copper clad in a acu-grade slab ms65 It is definetly no proof, and I can see copper highlights around the rim ???
The coins might be accurately described as business strikes, but the pieces were sold in blue pack envelopes for the mint state pieces. So the pieces weren't actually struck to circulate...
Or more accurately, were not "intended" for circulation purposes. These were minted for "coin collectors" with a "non-proof" business strike finish.
If you really do you have a MAJOR rarity. There are only two known 1973 S business strike quality Ike dollars struck on coppernickel clad planchets. HOWEVER, this quote from earlier: has to be taken with a grain of salt. If there is no sign of copper it is most likely a 40% silver coin. BUT sometimes the core of a 40% silver coin will darken and have the appearance of a coppernickel clad coin. So just because you can see a darker center section doesn't mean it ISN'T a 40% silver coin.
