Can you buy or where can you buy bags of Silver Dollars?

I dunno why, but I have a thing for Silver Dollars any thing up to 1976... I can't really stand the sight of Susan Bs and Sacs, unless its just a set of one each then I still don't really care much...

I know you can find places that sell $1000 bags of 90% or Junk, ...

I mean I'd like to have'em, but the premium jumps up...

Since I'm not really after them for their Silver content, just the fact that they are nice shiney 38mm Clad Dollars, I guess Eisenhowers are the way to go? Before that was the Peace Dollars, which were Silver...

Weird huh... I thought it'd be neat to put a bag of Silver Dollars with my Bag of Quarters, Nickels and Pennies... hmm, maybe I should get one of Dimes and Halfs too.... Sorry, I just love coins....

 

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yeah would be nice to be able to buy bags of morgans or peace dollars on www.nwtmintbullion.com they say you can call for availability of 90% all-dollar bags maybe you should try

 

You can always try asking that question at one of the biggest search engines....Google.

 

That's a good question. I too have been looking for Eisenhowers to buy at a little over face. I can't seem to find anyone who has these at a bulk price. I'm not looking for any rarities or silvers but I would like to have them to share as gifts, mostly to children (our future collectors).

If you come across any good deals like that please share the info. if would can.

 

You should be able to find a bag of them, they have to be somewhere. I don't think they can ever be melted, is the gov't going to eat their seignorage from them ? I think not !

Why you'd want 1,000 of them is beyond me. I don't see why you couldn't find a trainload of them, if you have the money.

It's a terrible way to tie-up the money, IMO.

What makes you think they will appreciate in value, at a rate to justify holding such a common coin ?

Would you buy a 1976 Ford Pinto and put it up on blocks, and store it for decades, thinking it will be valuable in 2046 ?

 

Try any bank that has coin counting machines for customers to use. There is a chance they have a bag of large dollars in the vault.

 

Bags of the old silver dollars would be much easier to find in BU (or circ) and would have a good chance at appreciation. They'll cost a lot more. There's very little chance that a bag of circulated Ikes will have much increase in value. Nice AU's are likely to gain a premium but in most cases it won't be much of a premium. Varieties should do well but there are very few varieties in a bag. The opportunity costs on the losers is likely to eat up all the profits on the winners.

You might try finding a bag of BU Ikes. These aren't as scarce as they seem and a close watch on ebay should turn one up in short order. These were made up through 1978 and later bags may be a little higher quality. Best of all is price; despite being scarce these start at only about double face value.

Another option you might consider is choicing out a lot of Ikes and assembling a bag of nice AU's. You could probably do this for only a couple thousand dollars if you don't have to ship too many coins.

 

I hope so and I'll keep looking...

Actually, I think they can, be melted....

I also collect Silver Bullion, in 1, 5 and 10oz Bars and Rounds and yesterday, I was at one of the local coin spots picking up some another couple of rolls of Generic Rounds that BTW have some cool tonning and look like Morgans....

Anyway, there was an old guy sitting at the counter looking over a large box of old half dollars...

He commented to the guy beind the counter that they were well picked over... Then they got into a discussion about the latest run up in Silver and how everyone including their grandpa had been bringing in their old silver coins and getting melt value from them...

The coin shop guy, sadley said,"It was a shame to see them all going to the refiner, thats just that many coins gone from circulation and that will never be able to be found or collected again..."

Well Collecting is about collecting, its what ever makes you tick... There are alot worse and more expensive things in my mind that I could collect...

If I had a thing for 76 Ford Pintos, I would... However, I don't care for Fords or Pintos, so no I would not...



Did I ever or anyone here ever post that we thought that they would appreciate in value???

Its not always about making money or taking some huge proffit.... Atleast not for me... I have a full time Job and a small side business, this is for fun... I love coins and I like to collect them... Even if others see no value in them...

Most of the coins I have will prolly never appreciate in value... I like coins and I really like Silver Dollars... Thats all that should really matter... I'm pretty sure none of us need to justifiy anything...

My orignal sentance was ""I dunno why, but I have a thing for Silver Dollars...""" Not can you please help me decide if this is a good investment or not...

I can think of a lot better ways to make money, again this is all for fun...

If I do happen to make some money that would be really cool, but I am not betting on it...

Then again, I do have a few that I would like to think would make some money in the future... I have most of the Morgan Series in MS63 and 64 and some Duplicates that are just raw, not graded and a few other coins that I think have a decent chance of being worth something, but I am not staying up at night wondering about it...

I don't mean to rant, I'm sorry for that... I'm just sorta passionate about my coins and I just get tired of people looking down on someone elses idea of what they want to collect...

Like that other member that posted they had 32,000 New Nickels...

What kind of investment was that???

Instead of trying to rain on their parade, I responed to the post and asked, why so many Nickels? How did that come about? Maybe thay have a plan or reason that I never thought of... I was interested in their thoughts...

I do see your point if you are looking at coins as an investment vehicle, rather than a hobby and somewhat of an obsession like me...

I'm the type of guy that would be happier with a 55 Gallon Drum of Weaties or Mercury Dimes, than a Bass Boat or something else someone else would rather have...

 

Could check on eBay... have seen several places where you can get random Ike dollars for anywhere from about $1.25 to $1.75 each.

 

Smullen; You have the right idea that collecting is for fun rather than to make a profit but I personally have more fun when I think something is cool or might make a profit. A bag of nice AU Ikes would be really cool and wouldn't cost more than a BU bag and not much more than a regular circ bag. It would be something few others had and while profits may never be anything to get excited about, there would be a possibility of real profits.

Many banks can supply you with Ikes though it may take time to assemble an entire bag.

To each his own and the only way to do it wrong is to not have fun.

 

Yes... if you're looking for non-silver, non-Sac, non-SBA dollars, that pretty much leaves you with the Ikes :goof:






I, as well, would like to know where to get a bunch of Ikes at (very) close to face value. I'd like to give them as tips and such. I've been to a couple banks, and I always get the blank stare...


:headbang:

 

http://www.centercoin.com/coin_catalog/dollar/united_states_ike_dollars.htm

you can get a $1000 face bag of ikes for $1650 ... is that what you call "close to face value" ?

 

I've asked at about ten banks in the area I live and/or work. Most say they don't have a hoard of them but if I want they'll put me on thier list for them. What most say they do is every time some come in they go to thier list and contact that person and you get whatever they have for face value. You have to have an account there of course. However, it really pays to know someone in a bank. I don't think they call anyone on the list unless it's a relative or close friend.

 

I haven't tried this myself but I saw a guy on eBay listing lots of Ikes that he said were from a box (or bag?) of $1,000 that he got from Brinks (an armored car company) and I assume he only paid face value.

So, maybe calling armored car / coin delivery companies might be a place to try?

 

Smullen, you hit the nail on the head as far as "collecting" vs "investing" is concerned. These are two entirely different disciplines and, as far as I'm concerned, never the twain shall meet.

If I decide to sell my collection one day and perhaps make a profit, well good for me. If not, then so be it. I don't collect coins as an investment, I collect them because I think they're neat.

BTW, if anyone wants to collect 1976 Pintos, I applaud that. No, you'll probably never make any money from them, but the pleasure of collecting something you like FAR OUTWEIGHS the investment potential. Some people just don't understand this.

But, to answer the question you've posed in this topic... You might try some of the bigger banks in your area. Two years ago, around Christmastime, I visited a large bank in my area and asked for Eisenhower Dollars. I wanted to give them out as Christmas gifts. They called the manager and he checked in the vault and told me that he had over 1000 of them - how many did I want?

So, interesting coins are still out there. But, give the banks a try; you might be surprised!

 

At the coin store in my town, ikes cost 1.25 each

 

I'm surprised that circulated Ikes sell for more than face value. I presume the local coin dealers just get them for face value from banks with coin counters and mark them up. Maybe I'll ask about them the next time I visit the bank. They have bags of coins in the vault from the coin counting machine in the lobby. I'll bet at least one bag is full of Ikes.

 

We accumulate them in the shop and sell them in quantity for $1.25 each, or singly for a touch more. Seems like every time I get 10 or 20 somebody buys them all. One day I walked past the Ike box, looked down and lo and behold there was a circ silver one lying on top...it had been there for several days and nobody spotted it. No I didn't put it into a holder with a high price...but it did get moved into a different box lol.
tradernick

 

ike dollar

i got 1,000 pcs of ike circulated dollars for $1.15 each. every coin ranging from xf to au. and with sharp edge. i might buy another 1,000 soon.