Eisenhower Dollars (Ikes)

I was wondering if anyone collects sets of Ikes...just out of curiosity. So far, I've only found one bank around here that had Ikes, only one time! The teller gave me all the 50 that she had..most were bicentennials. I have got these so far:

1971 D
1972 P (Type 1), D
1974 P,D
Bicentennial Type 1 D
Bicentennial Type 2 P,D
1977 D
1978 D

I'm stuck at this much and don't seem to get any more Ikes in any banks here.

Is it worth pursuing the completion of this set? Or is it "mission impossible"?

Just wanted to find out what you guys think....me going to buy some new folders etc. this weekend...was wondering if I should get one for Ikes or not

 

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My Dansco of Ikes is complete, though a couple of them are from circulation and scratched badly. I'd like to replace those.

 

If you can get IKES at face value, you can make a nice profit, on the duplicates...

 

I've only seen one IKE in circulation ever...And it was in one of those little donation boxes, at the counter...

 

What do Ikes go for that you get out of circulation? I got one two weeks ago at the bank, and gave it to my budding numismatist 15 year old son...

 

Just depends on how circulated it is, and what date...
Maybe around $3-$4 an ike on ebay, if you word your auction right, and maybe offer free shipping

 

Cool tmoney, I didn't know that.

Not that I'm selling any, but very cool.

 

Just all depends, different variables, for different coins...Condition, toning, etc...

glad to help...

 

I did think about selling the extras on ebay, but then my "good" side convinced me to give them away to friends and colleagues who were quite intrigued to see an old "big dollar" coin! Dang...i could have made some money by selling almost 40 of them!

Anyhow, I guess I'll hold on to the ones that I have...I guess i have at least 50% of the set...and all in pretty good condition...I suck at grading...so wouldn't be able to tell the exact grade...but none of the coins are black/colored/scratched.

 

Plucking the Ike set out of circulation will be a challenge now a days since they are very difficult to find. I am often impressed when members find Ikes at their local banks because I have been looking for years and have not found one. My local coin shop buys them for $1.10 and will sell them for $1.50-2.00. A lot depends on grades. My local coin shop has a large collection of both ciruclated and uncirculated ikes to chose from. The Ike collection is an easy and affordable collection to put together and I encourage the OP to continue their collection. Good luck. Joe

 

I agree with what Joe has stated. The set is affordable in high grade and defiantly worth pursuing collection wise.....:smile

 

Ikes

I think there a lot of types yet to be found.It seam like once or twice a year there is a new type coin found.

 

I like Ike's. I too give away the culls just to see the look on the recipients face.:goofer:

 

I've been looking at Ikes lately as the next coin I might collect. I just haven't decided yet the grade and sort of set I want to have, or if I'll collect a set at all or just concentrate on higher grades for certain years.

Ikes seem to be very overlooked since it is the last of the large dollars.

 

Me too. I just have to finish my year set of lincolns (only need 22d) and my 38-61 jefferson folder (need like 10 incuding 39-d and 50-d). I think it wouldn't be too hard to do all MS61-63.

 

Gotta love those Ikes!

The last great sized American Dollar!

I think this will become a much collected series in the future <he reaches up and adjusts his fortune telling turban>

Everything is there for this to explode. Lots of varieties/errors or whatever, Years like 1973 where they were only available in mint sets. The "Blue" Ikes and the "Brown" Ikes. The Bicentenniel type 1 and type 2 coins (1975 and 1976 mintages).

These WERE circulated unlike our current dollars. I got a ton of Ikes that look worse than some of my early Jeffies! Casinos used them also.

There seems to be a mystique about getting circulated Ikes (at banks or at dealers). I don't really understand why. Admittedly, there are a lot of varieties, but if you find one on a VF Ike, it isn't worth much. In addition, some of the varieties aren't even verifiable in anything less than AU/MS condition.

Step right up! Get 'em while you can!

 

I have a set of the Eisenhower Dollars and I also think they are a quite attractive coin dedicated to a great American. The set is in an album, and everytime I pull it out of its case to look at them I am always amazed at how much it weighs.

What I'm saying here I personally have no idea whether it is true or not; however, the article was written a few years ago by someone very respected in the coin community. What he said was the mint still had millions of Ike Dollars stored away in their valts that one day will more than likely be sold to the public. I guess sort of like that Morgan Dollar sell off that took place back when Nixon was President. I wasn't collecting way back then, but apparently with the popularity of the Morgan the market absorbed them okay, but Morgans are a lot more popular than Eisenhowers and although they are becoming more popular, a Morgan they are not.

People that should know things are not always correct. If you put Peace Dollar in your search engine there is an article you can find written in 1997. He says the Peace Dollar will never have any value or collector interest beyond nominal. He was very wrong, they are now in the "Top 10" of all coins collected in the US.

 

I agree completely with you

 

second set

I'm almost finished putting together a second set of Ikes.

sort of wish that I was into something else.

But what ? I have no idea ? ?

The Ike set is a good looking set.

Thinking about Civil War Era.

 

I put together a set out of circulation, but that was back when they were still being made. It was a lot easier to get them from the banks back then.