100 IKE dollar

Discussion in 'What's it Worth' started by njpmoose15, Apr 17, 2011.

  1. njpmoose15

    njpmoose15 Member

    What would you pay for 100 ike dollars? Is 130 worth it.
     
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  3. krispy

    krispy krispy

    all clad? all 40%? circulated? unc? mixed dates...? specific details would help get you an accurate answer.
     
  4. BUncirculated

    BUncirculated Well-Known Member

    Circulated clad, no silver, Ikes are running about $30-38 over face.
     
  5. bradarv90

    bradarv90 Member

    So you're saying that a regular non-silver circulated Ike is worth $30
     
  6. krispy

    krispy krispy

    Probably he's talking $30-$38 per 100 coins as the OP asked.
     
  7. Jon4485

    Jon4485 Junior Member

    i surely woundn't pay $130 for clad ikes but some people seem to pay this much anyway.
     
  8. EvilKidsMeal

    EvilKidsMeal New Member

    Hmmm seems okay to me. My local shop sells Ikes for $1.75 a piece. This is the price for pretty nice coins too, I'd say AU55 at the very lowest, from what I saw in stock.
    Most are near uncirculated or better. I don't mind paying .75 over face, since that's where his profit comes from, so 100 of those would be $175, although I would never pay that. I guess it's prefernce though because I know some people think Ikes are only worth face, unless they're proofs or super high grade. If it were me I would pay $130 for 100 Ikes, but I'm not in need of 100 Ikes, so that is hypothetical.
     
  9. BUncirculated

    BUncirculated Well-Known Member

    That's for a $100 bag, single is $.30 - $.38 over face.
     
  10. BUncirculated

    BUncirculated Well-Known Member

    $.75 over face for clad Ikes, is way high. I think the highest I've seen $100 bags of clad Ikes around me is $45 over face.
     
  11. EvilKidsMeal

    EvilKidsMeal New Member

    I realize it's high, but I don't mind it. Plus I only bought one last time I was in there. The shop is great and he said he has over ten thousand Ikes, so he realizes the profit he can make off of selling them all at that price. I don't blame him for that at all, and they are nice coins. Keep in mind he is selling these raw because of the thousands he has on hand so of course there will be a mark up for single coins. I wouldn't buy 100 of them at this price, but I probably wouldn't buy 100 in general anyway. If a clad Ike books for $1.30 I'd rather eat the extra $.45 in order to support the shop and have my face known. IMO
     
  12. njpmoose15

    njpmoose15 Member

    he said they were in circulation once but have been stored 30 years. and im guessing they are clad
     
  13. paparet

    paparet New Member

    I can find BU to AU ones at local coin shows for $1.25 each. I can cherry pick them to get the best ones. Can occasionally find them at local banks at face value but are usually well circulated.
     
  14. chip

    chip Novice collector

    some of the local coin shops give out well circulated ikes, jfks, and two dollar bills in change. one shop has a bunch of them in 2 by 2 cardboards for a buck fifty. I have some coworkers who buy them from me for a buck and a quarter when I get them.
     
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