Opinions on this Ike Dollar

I think that if one were in the habit of cherrypicking silver IKE's for submission, this is the overall look they would seek. I'm not saying it is an MS68, only that through plastic and blurry photos it looks to have all the characteristics of a premium gem coin.

 

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That's a logical place for a die break. Areas between digits and letters are weakened. They used be called connects on Lincoln cents and were fairly common on the 50's cents. Where is it Mike, the coin or the cello?

 

it's on the cello. This coin is about as clean as I've ever seen.

Here's my thoughts:

1) someone might see something I've missed
2) someone might educate me on something I don't know about grading Ikes.
3) given the large number of these coins in high grade, someone might convince me that it takes an absolute monster to even get a 68.

My opinion is that the coin is a 68 but there's a possibility of a grade higher or lower. I just wanted to share and get opinions.

 

Can you try to scan the coin, while in the cello? Might reflect too much light, but worth a try as the iPhone isn't cutting it.

 

Nice coin Mike but I'd still love to see it out of the packing .

 

as would I. If we decide to have it graded, I'll take pictures when I remove it from the OGP

 

It does take an absolute monster to get an MS68 but correct me if I'm wrong, but that is what you are seeing being that cello, a monster. The only silver IKE I ever owned was a 76-S MS68 NGC. Here is a photo of the obverse for comparison.



For the record, the possibility of MS69 is very small IMO. I think you need to just buy the coin and photograph it properly. If the coin is simply being sold raw as a blue IKE, I don't see how you could lose money.

 

Lee , since I don't know Ikes , I wonder do they grade them all the same . At least the specially packaged ones or were there differences for year and MM ?

 

The only IKEs to get MS68 grades are the silver IKEs. I don't think the standards for MS68 are different, just think that the quality of the silver IKEs is much better than the standard business strikes.

 

I cautiously agree with this if we can say similar is the case with any other 40% vs clads of the same era and minting technology. Do you feel the same about Kennedy and bicentennial Quarter coins? Is there wiggle room for difference between die structures, planchette sizes, etc. to apply this only to Ikes?

 

I would agree up to a point. Just because its silver, doesn't mean that it was struck on a new die and the clad on an old one. First strike clads, if it is graded on it's attributes instead of materials, could grade the same or better than silver.

 

True , but regular minted coins fell into carts were they hit each other then went through counting and bagging without care like the silver issues were . So the chances are pretty slim that they didn't receive hits and scrapes to warrant even a 67 grade .

 

That sure looks like a nice coin, but really no way to grade it through the cello at that level. It could go anywhere from 66-68 for me.

 

Which should make it rarer and more valuable, if it weren't for the fact that millions more were produced.