Can you still find Eisenhower $1 coins in change?

Here's a question for the U.S. collectors.Do you still find the Eisenhower $1 coins in change,or have they stopped circulationg?

Aidan.

 

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Only in Vegas have I seen a Eisenhower in circulation and it was only one, and that was two years ago.

 

I still find Susan B. Anthonys in circulation and some Sacageweas but in general,you don't many dollar coins any more.I did get an Eisenhower in change once but it was from my coin store,sort of a promotional gimmick.

 

Only in the change drawer of a teller at the bank!

 

Ikes had a little limited circulation from '71 to '77. Turnover was very slow but most Ikes were spent at least once or twice during this era. Ikes were used extensively by casinos for many years but this is not true circulation since they stop as soon as they are removed from these locations. They had mostly stopped circulating before the SBA was introduced. After the SBA more people started saving the coins in sock drawers and change jars believing that they were potentially valuable. They were so difficult to locate at banks that a premium of as much as 20c developed for them by the late '90's but this premium evaporated by around 2004. This was probably because more people had become more interested in coins and learned that the Ikes had no "numismatic value". This has led the coins to flow back to the FED. It's very likely that the FED just keeps a few tens of millions of these in storage but it's entirely possible that they consider them obsolete and are melting the Ikes coming in.

While not in change, most banks have few enough of these that their customers will absorb all of them so they aren't returned to the FED. Inquiring at banks will often yield a dozen or more of the coins.

 

i have a very tough time getting Ikes. I use them for tips on occasion thou when i can get them. most cashiers i deal with dont even know what half dollars are let alone Ikes. Ikes wont work in vending machines like SBA or Sacs either. I am not sure if there melting them thou?

 

I have never recieved one in circulation

 

I don't think I've gotten one since 1977 though I've spent a lot on a few occassions.

 

I have not seen one in years in circulation only in Reno from time to time.

 

If there is any left in circulation, you might get one every now and then in small town's where the old timer's might occasionally spend one


just my thought

John

 

ive seen sacagawea and anthony dollars but not ikes.

 

I havent seen a ike in change for more them 10 years. A few Sussie B 's about 5 years ago. I still see Sac's around New England change but not offten. I did geta in god we rust buff quotar the other day in change. Figgures sence i bought 2 the other day. lol

 

One bank I go to a lot know I collect coins and have frequently asked me if I want some of those. I usually say thanks, but no. Same with $2 bills.

 

simple solution

just one 500 pc of XF condition at $1.15 each. you can sell them back to dealer at $1.10 each. only losing 5 cent a piece. and you can play poker or enjoy them.

 

When I stopped at the bank today, the teller that I went up to (and knows I collect coins) told me that a new teller got 5 silver dollars the other day, and the tellers I know told her to hold them for me. Earlier in the year I had gotten 14 Morgans and 3 Peace dollars at face from there, so my imagination was starting to take off. When she showed them to me, a bit of disappoint followed, as four of them were Ikes (1-1974 & 3-1976), but the other was a 1996 ASE. She asked if I wanted them for the $5 face value. There was no hesitation on my part. Even though I really only wanted the ASE, I took them all. I'm thinking if I start refusing some of the things they save for me, they might not be so inclined to save anything at all for me, so I always make a little fuss, give them plenty of thanks, and bring in special things for them from time to time. Besides, I'm sure I will get some enjoyment with the Ikes the next couple of times I get some young cashier.

 

I was a bit surprised at the condition of the ASE. It was far from mint state. I don't know if it was someone's pocket piece, or if all of the wear was from honest circulation. I would grade it mid range XF.

 

Sage comment.

 

Honestly, a couple of years ago I went to my local bank asking for half dollars, I got some rolls of them then she pulls out an envelope and asks me if I would be interested in some Eisenhower dollars. I said can I see them first? So she dumps them out onto the counter and wouldn't you know it they we're ALL proofs! I'll have to dig them out a take a picture of them. I couldn't believe it, that was my best find at a bank.

 

NICK66,that is a very nice find to snap up for your collection.I have never seen a loose Eisenhower Proof $1,but I have seen them in Proof sets.

Aidan.

 

They stopped circulating the week before they were struck.