$1 - Ike - Type 1 Blank - Is it 40% AG?

Discussion in 'Error Coins' started by paddyman98, Mar 19, 2019.

  1. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Hi all, welcome to my 21,000th post!
    Capture+_2019-03-19-11-10-24.png

    Today I want to share my latest Mint Error acquisition.. It is a Type 1 (no upraised rim) $1 Eisenhower Blank.
    It is my second Blank Ike and I was able to acquire it at a excellent price.

    But I have a good question for everyone. On the NGC label.. I'm curious about the letter S that shows right before $1
    What could that mean exactly? To my understanding that would be the symbol for Silver. My problem is that the seller did not state it was silver and the NGC Verify also does not state it. I know there were 40% silver clad Ikes so I'm wondering if this could be one.
    Capture+_2019-03-19-10-45-24.png Capture+_2019-03-19-10-45-50.png
    @JCro57 & @Fred Weinberg
     
    Last edited: Mar 19, 2019
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Here are both my Type 1 Ike Blanks..
    First one was Details Grade :(
    20190319_121347-1.jpg
     
  4. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    It was a bit hard to get a clear picture of the edge but here it is..
    20190319_122907-1.jpg
     
  5. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    The S typically means Silver. Problem I see is that the 40% silver Ikes weigh 24.59g and your blank weighs 22.4 which is lighter than the clad should weigh by just a bit (i.e. 22.68).

    Conclusion - labeling mistake
     
    Seattlite86 and paddyman98 like this.
  6. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    That makes a lot of sense. I didn't even think about what the difference in weight would be. Excellent observation! :wideyed:

    So Nickel Clad and Silver Clad has a weight difference?
     
  7. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    That's what the red book says...and I believe it.
     
    paddyman98 likes this.
  8. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    You silly error collectors! lol
     
    paddyman98 likes this.
  9. Fred Weinberg

    Fred Weinberg Well-Known Member

    It's labeling mistake.

    NGC used the S $1 for 'silver dollar'
    but that blank is clad, as can be seen
    in the edge photo.

    It's occurred on other Ike dollars - it
    doesn't mean it's silver, just 'silver dollar' size.
     
    paddyman98 likes this.
  10. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Excellent! That's what I needed to know.. Thank you guys!

    Well at least my new Blank Ike is in better condition that my last one!
     
  11. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    THUMBS UP!.png
     
    paddyman98 likes this.
  12. ToughCOINS

    ToughCOINS Dealer Member Moderator


    Better than collecting bones . . . .
     
    CoinCorgi likes this.
  13. Seattlite86

    Seattlite86 Outspoken Member

    Concur with labeling error. Message me the next time you find one of these for a great deal! But wait until 2020 to sell it to me, since I’ll be on coin probation until then.

    ED87874A-93B8-4220-9B7E-81B4B5061916.png
     
    paddyman98 likes this.
  14. JCro57

    JCro57 Making Errors Great Again

    @paddyman98

    Not only did I used to own that exact one, but I returned it because it wasn't silver and it is featured in my error book on why it is important to check labels carefully.

    My first clue was the weight was off
     
    Seattlite86 and paddyman98 like this.
  15. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    Great!
    You see I am different from you. I collect error labels. I would never return this slab.
    I love this Mint Error. Thanks for the post.
     
    JCro57 and Seattlite86 like this.
  16. Seattlite86

    Seattlite86 Outspoken Member

    I like error labels too :) Back in the states, I have a 1913 T1 that's improperly labeled as 1913-D. The seller sold it to me at a reasonable price and said he took a loss on that one because he didn't check the coin and trusted the label.

    I decided to make a new thread so we can share them.
    https://www.cointalk.com/threads/post-your-slab-errors.335385/
     
  17. JCro57

    JCro57 Making Errors Great Again

    I have some that I keep, and those are in the book as well. Waiting for one more of the three reviewers. so far, all positive. Hoping Whitman will publish it :)
     
    paddyman98 likes this.
Draft saved Draft deleted

Share This Page