Is there any point to hoarding Ikes or SBA dollars?

Discussion in 'Coin Chat' started by myownprivy, Apr 5, 2019.

  1. myownprivy

    myownprivy Well-Known Member

    Just looking for opinions here on current and future collectibility of these dollar coins. Is it worth buying them for face value and stashing them away?
     
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  3. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    If you want a set then it is worth buying them at face. If you are trying to get rich then probably not.
     
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  4. CoinBlazer

    CoinBlazer Numismatic Enthusiast

    Not in my opinion, They don't have intrinsic value such as Morgans or Peace, and people just don't care for clad. Almost all coins over 60 years old are silver. In 60 years, 60 year old coins will be clad.
     
    Inspector43 likes this.
  5. furryfrog02

    furryfrog02 Well-Known Member

    I would only look for the varieties and then dump the rest. Not worth it IMO
     
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  6. myownprivy

    myownprivy Well-Known Member

    I constantly see Ikes for sale at coin shows and shops for $1.50-$2 each. What I don't know is DO PEOPLE BUY THEM?
     
    Stevearino likes this.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    Not really, that's why the price is so low. Not worth saving unless you want a set.
     
    Randy Abercrombie likes this.
  8. -jeffB

    -jeffB Greshams LEO Supporter

    I don't think they're worth hoarding, because they carry a really low premium, and I don't see that changing during my lifetime. I'd rather buy something that will appreciate or offer regular returns, or at least something I'll enjoy having more. Ikes and SBAs do not "bring me joy".

    If I could get them at face value and then quickly flip them for a net 20% profit with relatively little effort, I certainly would.
     
  9. Gilbert

    Gilbert Part time collector Supporter

    In my opinion saving Ike’s or SBA is a waste of money. Then again, who knows what future generations will like.
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    Yeah, the key to success is saving something that nobody else saves, and that people will want in the future.

    The easy approach is to just save everything. Unfortunately, that also leads to being crushed by collapsing stacks and then eaten by cats.
     
    micbraun, xlrcable, Maxfli and 3 others like this.
  11. myownprivy

    myownprivy Well-Known Member

    In life, sometimes you eat the cat. And other times the cat eats you.

    Did I word that well enough to not get in trouble but still make the joke?

     
  12. Stevearino

    Stevearino Well-Known Member

    Meow the Cat will probably take issue with the first part. And she/he will likely ask for dipping sauce when she/he meets you.

    Steve
     
    Randy Abercrombie likes this.
  13. Santinidollar

    Santinidollar Supporter! Supporter

    Ikes and SBAs are super dull.
     
  14. Seattlite86

    Seattlite86 Outspoken Member

    +1
     
  15. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Not many folks collect Ike's. I put together a book. Other than that, they are just another buck to me. I sure wouldn't pay a premium for them. And that's forty plus years after the series stopped running. I suspect the SBA's and newer dollars will fare about the same.
     
  16. Maxfli

    Maxfli Well-Known Member

    What everyone else has said. Collect 'em if you like 'em, but hoarding for future monetary gain will probably disappoint.
     
  17. brg5658

    brg5658 Well-Known Member

    If you enjoy 0% return on your money long term, then hoard them I guess.

    :cigar:
     
  18. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    I held on to a bunch of all because we have a big family and I hoped one day to have a bunch grandchildren. Well, now I have 13 grandchildren and 17 (+ 2 in the hopper) great grandchildren. I am putting together some 20th Century Type Sets for them with my hoard.
     
  19. ewomack

    ewomack 魚の下着

    I bought a set of SBA PR69 DCAMs because I wanted them. I don't know if I'll ever sell them or be able to sell them, but I like them. They are pretty easy to get a hold of at this point, so they don't look like a great investment.
     
  20. TheFinn

    TheFinn Well-Known Member

    I thought it was a dog-eat-dog world. Do the dogs know that the cats are taking over?
     
  21. TheFinn

    TheFinn Well-Known Member

    I only have one Sac dollar that I paid a premium for, and that is one of the 5,000 2000-P burnished Glenna Goodacre pieces. I think those will always be collectible.
     
    micbraun likes this.
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