I've been cruising for information on recent dollar coins. I picked up from the mint a proof American Eagle Silver coint. It's a pretty coin. And so I figured I've go get the back years and I'm suprised to see some of them are quite expensive and others are rated proofs outside of the government slabs? And then there as PCGS first strike Proofs? What is that? As I understand things, the eagles are distributed mostly through through vendors. And as I investigated recent dollar coins, I'm suprised by other things? Why are Eisenhower dollars so expensive? I still get them in change. Especially the 1972 dates. What's a type 1 and type 2? And whats happening with Susan B 1979 coins? Ruben
First strike coins are just that; they are (supposedly) the coins that came out of the presses on the first day. The thought is; new dies + fresh planchets = higher grade coins. The theory is valid but I don't know how long the presses run until the coins are no longer considered 'First strike". And yes, uncirculated SAE are only available through vendors. Eisenhowers are moderately expensive. My thought is that it is one coin that collectors can get a complete set in one shot. And there are silver coins in the collection so those may be the prices you are saying are expensive. The Type one and type two have to do with the bicentenial coins. The dollars made in 1975 are slightly different (lettering on the reverse) than the ones made in 1976. And not being a Susan B collector, I don't know about 1979 coins although I know that some issues of the coin were only avalable in collectors sets.
I'm fairly certain that I saw a '72 type 1 and type 2 eisenhower. It's a real shock to me to see those Eisenhowers so exprensive. I doubt their a great investment. Ruben
Why in the world would this coin value at $6000 according to the dealer? http://www.fastcoin.com/images/1995-W-Proof-Silver-Eagle-PCGS-PR-69-DCAM.jpg Its a 1995 Eagle Proof. $200 I understand, $300 -- $6000??
There are actually three types of 72 Ikes. variety 1 low relief with a flat earth and three islands variety 2 high relief round earth and indistinct islands variety 3 high relief were used for late Phil. and all later issues The variety 2 being the most scarse and the only one i need to complete that set. You should be able to buy an unc. set for under $300 The only good investment would be the type 2 and of course the silver clads and the 73 silver proof with a mintage just over 1 million. they really have'nt gone up in price for a long time Those ikes u find in daily commerce are only worth $1
And speaking of 79 SBA, those probably will never go up because of the three mints almost one billion were produced The wide rim(with the dat closest to the rim) is probably the only one that would go up in price. Unless your talking high grade (ms65+) which are pretty rare The key date here would have to be in 1981, which were only sold in mint sets ,with a production of just under 10 million from all three mints. Hope this helps. CLAW
There are 2 1995 Proof ASE...the one with the W Mint mark is valued at $6000 or maybe a little less....the other one is valued at about $200-$300 I think.... Most ASE can be gotten for $10 for uncirculated and about $25-$35 for some Proofs... Speedy
Did an ebay search for 1995-W Proof ASE's....they go for $20-$30. Now...if you have the entire ASE/AGE W Proof Anniversary Set, your looking at $6000
Expanding what Miker said: First strike has 2 different meanings. The first maning is like watching a movie on opening day. The second is more literal meaning the "First Strikes" produced by a set of dies. The whole thing is a marketing tool. Dies are worn out and replaced through out the mintage run. So there are many MANY early strike coins. The first 20 strikes or so are usually discarded test strikes so you won't ever actually receive a "first strike" from a set of dies.
You were either looking at fakes or 1995 PF ASE that didn't have the W....the 1995-W is going for about what I said... Speedy
lawdogct I went and searched under Bullion and then Silver and then ASE and then I typed 1995W....even the 1995 without the W should be worth more than $100.....the 1995W is going for a few thousand...about 6 grand with the gold and just a little bit lower without the gold....I did see a fake 1995-W for around $20.... Speedy
I drink coffee a little (A few times a year) but what would be the best (Not for my teeth) would be an Ale-8-One...anyone that doesn't know what that is...it's the KENTUCKY soft drink...and it is only sold in KY...it is THE BEST! Ok....off topic....back to the topic... I have done the same thing before...don't worry about it.... Speedy
Do you mean 10 year old coin?? Also do you mean why did it go so high...if I'm right when it came out in 1995 you could only buy the set...4 gold coins and 1 ASE...I think the price was $1000 maybe more...I wasn't collecting then....since there are only a little over 30 thousand of the 1995-W ASE minted that made them a KEY and a rare key....more so in one way then a S VDB....there are LOTS of collectors and not enough 95-W to go around... Speedy
http://www.supercoin.com/iketypes/index.htm this is a pretty good way to identify your different types of ikes for 1972. as for the 1976's, just look at the size of the lettering for difference. julian
Just to provide an accurate answer to an earlier question - PCGS will slab any ASE submitted in the month of January as a First Strike. It doesn't have anything to do with when the coin was actually struck during the life of a die. lawdog was correct, the traditional definition of a first strike is one of the first few coins struck with a new pair of dies.