5 Tons of Ikes Found

Discussion in 'US Coins Forum' started by jloring, Dec 6, 2011.

  1. That eBay listing must be a low ball registry coin. TC
     
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  3. Merc Crazy

    Merc Crazy Bumbling numismatic fool

    This. I posted a pic of a '64 Kennedy worn down to almost nothing that I found on the PCGS forum, and was offered the following for it provided it slabs;
    PO1 - $200
    FR2 - $150
    AG3 - $100
    G4 or higher, including Genuine - $50.

    I have an Ike that is similarly circulated, obv. a pocket piece. May very well get submitted with the '64 Kennedy.
     
  4. dwhiz

    dwhiz Collector Supporter

    I'll past, they will be way over priced
     
  5. Collector1966

    Collector1966 Senior Member

    There probably aren't many, if any, silver Ikes in that bunch since most of them are in bags from the Denver Mint. I would also imagine that, being in bags for 30-40 years, that most of those coins have a bunch of nicks and dings in them.
     
  6. Danr

    Danr Numismatist

    I wonder if this will drive down prices on ms65 ikes
     
  7. TheCoinGeezer

    TheCoinGeezer Senex Bombulum

    With all due respect to the learned QDB, I find his constant lauding of Littleton a bit sleazy.
    Sure, he's all buddy-buddy with the owners but that means he can't be unbiased in his CW and other articles.
     
  8. Conder101

    Conder101 Numismatist

    Perhaps he owns stock?
     
  9. rodeoclown

    rodeoclown Dodging Bulls

    To my knowledge, they are not a publicly traded company.
     
  10. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    a complete set of ike should go for no more than 350 dollar most even certified im talking complete 600 slabbed
     
  11. pumpkinpie

    pumpkinpie what is this I don*t even

    I doubt there is silver in there because the silver coins made at the San Francisco mint were specially packaged, not thrown into 1,000 coin bags. And by the way, I entered the certification number of of that 1974-d Ike dollar that was so worn on http://www.pcgs.com/cert and its info box verified it as being worth one dollar, a.k.a face value. The second link goes to that person's set registry stuff. Apparently they really love their ultra worn Eisenhower dollars. They even have a 1972-D graded FR-2.

    http://www.pcgs.com/Cert/20705527/
    http://www.pcgs.com/SetRegistry/AlltimeSet.aspx?s=43325
     
  12. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

  13. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    my dansco album looks better than this dudes complete registry set..lol....
     
  14. cladking

    cladking Coin Collector

    I'm not a real big fan of Mr. Bowers but Littleton does deserve far more praise in the hobby than they get. They mostly do a good job on every end of the business and bring large numbers of people into the hobby. They are honest and provide quality service. I don't favor all of their business practices but in every case the customer has an honest shake. Approvals are a problem in my opinion but most of their customers know what these are and know to return what they don't want. In this day and age with the oracle available to everyone customers should be aware they are paying a great deal for value added. While collectors might shudder at the idea of paying $5 for a $2 coin most non collectors and beginners just don't consider this a problem. An argument can be made that the sales price in some instances even makes the coin actually a $5 coin even though the chances of retaining this premium are poor.

    If everyone weren't so busy tearing down the work they do then perhaps Mr. Bowers and I wouldn't be so quick to defend them.

    The bottom line is that they are a company whose product appeals to beginners and those willing to pay for value added. I wouldn't want a complete collection since the fun for me is completing it but there's a demand and Littleton fullfills it. They also move a huge amount of product and provide a floor for the prices of most lower value coins. They keep this floor somewhat elevated as well. Prices would be lower without them.

    The ony real "harm" they do is in spreading out low value coins far and wide whjere they can come back onto the market for centuries. By the same token though there is good in this.

    Some people who collect high value coins just see them as a ripoff but without them there would be a lot fewer low end collectors which means fewer high end collectors in the future along with lower high end prices.

    They are good for their customers, good for the hobby, and good for themselves.
     
  15. benne911

    benne911 Active Member

    I just went to their website, they have them for sale now. Some of the wording they use does seem kind of misleading, because if a coin was considered rare but you found multiple mint bags of a date - its not really a rare coin anymore.
     
  16. Irish2Ice

    Irish2Ice Member

    What exactly are you basing this on? Especially with no mention of grade.
     
  17. james m. wolfe

    james m. wolfe New Member

    thats what you call marketing :devil:
     
  18. Irish2Ice

    Irish2Ice Member

    You've got a Low-Ball set in a Dansco? That's weird.
     
  19. james m. wolfe

    james m. wolfe New Member

    $69.00.jpg $21.00.jpg wow $69.00 an $21.00 good deal???:devil:
     
  20. Danr

    Danr Numismatist

  21. Irish2Ice

    Irish2Ice Member

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