Wait, so...I am now interested, because I looked through my Ikes (all 25 of them or so) and I have 11 "Peg Legs." 1 1972 S (silver proof), 3 1972 S (silver unc), 3 1976 S (silver proof) and 4 1976 S (silver unc.) Is there a good reference page so I can see if any of these are valuable/rare? Thanks for an interesting thread. Did not know this...
Quite the specialist's coin, because I just see a proof Ike... But your explanation of why it realized such a high number is very intriguing! I'll keep my eye out for the 5th example
Hehe...no worries, I'm just play'n. :cheers: It's a great thread...made me take my "Ike" books out of their plastic sleeves.
Unknown. It's also Unknown if all that were in this box were Type 1 Reverses. James Wiles saw the first one, which had been submitted by a collector in 1998. James reported, at least this is what's in the 12/3/2007 edition of Coin World, that he (James) received the coin in its "Brown Box". Certainly James would have indicated that it was a "Special Box" instead of the standard proof "Brown Box". Well, I would think so.
I'll see if I can make it easy for you. Type 1 Reverse. This is what is on ALL 1971, 1971-D, 1971-S Silver Business Strike and 1972-D Business Strikes. It is on "some" of the 1972 Business Strikes. Look at the Islands off the coast of Florida. Draw a centerline down Florida and you'll see that all the Islands are generally set off to the right. Below, is the Type 2 Reverse. Notice the difference between Type 2 and Type 1 in that the islands on the Type 1 are in "relief" while the islands on the Type 2 are not. In actuality, the islands on the Type 2 are formed by "incuse" lines and they literally have no relief at all. This reverse was used on ALL 1971-S Silver Proofs, ALL 1972-S Silver Proofs AND Silver Business Strikes. It also appeared on about 400,000 CnClad 1972 coins. It is called the Type 2 Reverse because the Type 1 Reverse was issued first in early 1971 while the Silver Proof coins were not released until early October of 1971 (2,180 reported) and December 1971 (1,219,990). Release numbers are based upon US Mint figures. There are other Types of Reverses but none as significant as the Type 1 Reverse on a Proof 1971-S coin.
Try visiting the IKE Group at http://www.ikegroup.info/ Generally speaking, the 1971-S Silver Proof Peglegs do not command any premium at all as they represent approximately 1/4 of the total mintage. Folks on the IKE Group have speculated that the two initial releases (October and December) of the Proof coin were of the PegLeg Design while subsequent releases were of the "funny foot" serifed design. It's referred to as a funny foot since the serif, upon close examination, does not appears to have been added using a dremel type tool. Compare it to the 1973-S, 1974-S and it becomes apparent that its a different R even though it has a serif.
Isn't the ebay consigner the king of all coins and the leader of the PCGS forum that listed this coin in question? If you are correct 19yds how did "Russ" get it wrong or miss that rariety?
what the heck are you talking about? "King of all coins??" "Leader of the PCGS Forum??" How it was missed was as easy as ALL the hints I threw at you fine folks. Thats how.
Not necessarily. Russ does have some expertise but not enough in the Eisenhower Arena to have known about these.
So 19yds is this coin in question a peg-leg error? Also, I see a "Raise" lip clash that should be indented and closer to the lips itself. Maybe yes, maybe no? http://ikegroup.info.customers.tigertech.net/wp-content/uploads/2012/03/image047.jpg
