Hey. Im sure I'm posting alot but I would really like your guys opinion. So what do you think they are worth??
Since Ike’s aren’t really collectsble except in higher grades, you’re likely to be looking at $1-3 each
Sorry for the bad news on the Ike’s. The VAST majority of circulated clad coinage is worth very little over FV unless graded MS65 or above. although Ike’s are a pretty neat facet of american coinage history, their value is rather low for circulated examples. HOWEVER, there are a number of errors and other varieties that make a $1 Ike into a $10 or $100 one. I’m no expert in those though, but it is a possibility, albeit a slim one
Also, If you wish to remove the green gunk on the last one, I would recommend soaking it in 100% acetone for a while; it should remove any organic materials on the coin surface
Ike's don't get the respect they deserve. My LCS only pays $1.10 for a circulated IKE. I like them and buy them when I get a chance. My LCS has them out for $1.50 ea. He sells them to me for $1.25 since I usually buy them from him in bulk.
I agree with this 100%. As a coin fueled kid, the release of the Ike dollars fueled my fires. I have quite a few of them just because they were so interesting to me as a kid. Perhaps one day they will get the respect they deserve. But for now, yeah face value or maybe a slight intrinsic added value is about all.
I still buy all the IKES I can find. I like the weight and feel of them. I have also heard (or read) that the banks are sending them back to the fed for destruction. I have no idea if thats true....but I'd rather have them then see them destroyed.
thanks for all the replies. Me and my sister recently went through my dads collection after his 16 yrs of passing and found 175000 in turkish lira and we looked up the exchange amount and was blown away. We just can't find anywhere to exchange it. And now we have this overwhelming feeling that we are about to be rich and we are slowly but surely getting our hopes crushed. But these are very nice coins and I love them. If none are worth more than 10k we will not sell them. I collect coins anyways so these will be excellent for my small collection if she lets me keep them. Thanks for everything
I put together a nice circulated set of these, years ago. It was fun. Nice big coins to play with and didn't pay much.
How old are the lira? If they’re more than a few years old it’s highly unlikely they are still valid. “A new series of banknotes, the "E-9 Emission Group" entered circulation on 1 January 2009, with the E-8 group ceasing to be valid after 31 December 2009 (although still redeemable at branches of the Central Bank until 31 December 2019). The E-9 banknotes refer to the currency as "Turkish lira" rather than "new Turkish lira" and include a new 200-Turkish-lira denomination.[12]” basically if they’re dated before 2009, I believe you would unfortunately be out of luck. remember that many European, and other, countries tend to devalue their banknotes relatively frequently. I believe that the US is the country that has the oldest legal paper money in the world; most of the rest of the planet’s countries have gone through at least one devaluation and reissue in the last 100 years
Yea they are from the 1970s. My dad passed in 01 and has had them for a long time. What do they do when the people in turkey have all this money and they change it? They are just out of luck? Or do they trade it in for the new legal tender?
I don’t believe you can trade in any of the obsolete bills past their expiration date. Similar to if you had a bunch of Francs, far as I know one is completely out of luck. Sorry
The only place I know of that will buy obsolete currency wholesale is here: https://www.leftovercurrency.com/?s=Lira&post_type=product