Would love some I put on this IKE. I think it's type 2 but not sure. What sort of premium does that carry. Thoughts on grade? Thanks!
This is the standard reverse for the silver business strike for 1972. If this coin was a 1972 from Philly, then, yes, it would be the Type 2 reverse.
1972 S is a silver clad coin and according to Red Book, "High-relief (Variety II) dies, with round Earth and weak or indistinct islands, were used for most Proofs of 1971, all silver issues of 1972" So I'd say it is a type II but not much added value.