Love your term "feeding frenzy". Made me think about when the State Quarter Series came out and everyone was snagging quarters to fill that set with the map. I also remember a Business Administration Instructor I had a class under say, "You charge what the market will bear."
Would you believe that I sold a 2005-S KS Silver SQ, NGC PF70UCAM (Top Pop), FS-901 for $1,000 and I wasn't even thinking about selling it.
You seem to be a stickler for accuracy, so am I. It doesn’t take long to check prices to see if something it out of the norm
Was it the fact that it was a big coin (probably one of the biggest we ever struck I guess) that caused the problems ? By 1970, you'd figure the Mint was using pretty modern technology to create near-perfect coins. At least they did on smaller ones.
no - those 1970's quarters were garbage. And the designs, honestly, were crappy. The Ike was the best of them, maybe, until they tried and failed to execute it well. What is that Ike Eagle? It looks like it came off of a cerial box.
Huge coin, open fields, composition, how it’s shipped, everything went into it. That doesn’t even really get into how they were treated over time. It’s a brutal “modern” series to find top notch ones You’re greatly over estimating the quality of what comes out of the mint. Even today if you examined every coin off the line the overwhelming majority would be unimpressive grades for business strikes.
Business strikes got the hell beat out of them during the minting process. A coin that survived in MS67 or MS68 is in HUGE DEMAND. MS63 is pretty much run-of-the-mill as an UNC coin.
the eagle could have looked something like this: https://coinlode.com/birds/himalayan-golden-eagle-50-terper.php
Only if the golden Eagle were the national symbol of the US. Only its not and the bald eagle, like it or not, is the national symbol.
And it could have been a smaller coin, a coin of any denomination, had a different theme, different president, whats your point That wrong bird isn't even very attractive the best part is by far the mountains which would be weird for a US coin to have another countries mountains on it
There’s a couple slabbed 66 and 67 Ike’s for sale right in Executive Coins website store. Pretty nice examples.
Ike's are like Morgan's to me, I keep them all. I have two complete sets of Ike's in Littleton Albums. They are certainly worthy of the recognition they truly deserve. Great post.
At our local auctions they are well above cat for even circulated coins. I just put two 1971 D to test the water and will let you know when auction ends. Drawback is house takes 40%