Perhaps I am barking up the wrong tree. But I believe a lot of the coins made in 40% silver are undervalued. Nice thing is that 40% silver coins are a "short set". Here are some that I think are undervalued, from highest value to lower in my opinion. 1973 Sliver Ike Proof. An early 70s coin with a mintage just over a million, in a nice government holder. If you see this coin snap it up in OGP. Most especially if you see it clear with no bluish tint. This is the KING of the 40% in my opinion. 1974 Sliver Ike Proof. The 1973 seems to get all of the attention, but there are scant more of these then the 1973 edition. These are a great value at current prices. Snap one up if you see one without the bluish tint 1972 1973 and 1974 Silver Ike Uncirculated, 1972 Silver Ike proof Mintages between from 1.4 to 2 million each. 1970-D This one does get the attention, but in my opinion it's still undervalued! No reason to state the obvious. 1965 SMS, 1966 SMS, 1967 SMS These are a mixed bag, some coins are near prooflike, others look like regular issues. Quality examples are undervalued at lot, often still sitting in SMS holders. 1968-S,1969-S,1970-S First proof coins from San Fransisco. Middle of the road coins. 1970-S is overshadowed by the 1970-D a lot. 1776-1976 Proof set. One of two quarters ever made in 40%, and you get a silver half and dollar in the set too. Good pickups in the OGP packaging, with the set still in the foam unassembled. The mint destroyed an unknown quantity of these too. 1971 Silver Ike Proof and Uncirculated First year mintage problems and higher mintages hold these back, buy any you find in good condition with no blueish tint on the proof 1776-1976 Uncirculated Set. Has the other 40% Quarter, Undervalued in the OGP packaging. Again the mint destroyed an unknown amount. 1965 Harder to find then the other released for circulation coins. For the price they are worth it. 1966,1967,1968-D, 1969-D The bottom of the barrel You can still find these in bank rolls, still a good pickup. Perhaps a stigma of reduced silver content holds these coins down, but as new collectors come in that dont remember circulating 90% coins, the demand for these will pick up.
The Red book was wrong in 2008 on the Ike Mintage here is my e-mail to them and answer Sent: Wednesday, October 17, 2007 10:17 AM To: Tucker, Dennis Subject: Mintage mix-up on Ike silverI just found out that in the 2008 Red Book under Ikes 40% silver Uncirculated and proofs you did not keep the mintage separate between the proof and UNC's like in past issues. Example 2007 book 1974-S silver Ike 593,577 in UNC and in Parentheses the proof mintage of 1,306,579 The 2007 book is the correct way, Proof coins are a different coin then the uncirculated and to take a small mintage of 593,577 and make it look 6x bigger is wrong. In the 2008 book they just have 1974-S silver Ike mintage 1,900,156 which is the total of both together, but you also have in Parentheses 1,306,579 which make it look like they minted over 3 million. Rick Thanks, Rick. We'll correct this in next year's edition. Best wishes, -- Dennis Tucker ======== Dennis Tucker, PublisherWhitman Publishing LLC 3101 Clairmont Road Suite CAtlanta GA 30329Phone: 404-235-5348Fax: 678-891-4599dennis.tucker@whitmanbooks.com
I have to agree with you on under valued. I operate on the premise too that many of these would have been melted in the great silver rush circa 1980. They were current and worth a lot more than face value.
I guess you did not read my post Red Book is wrong and it looks at if coin facts got there numbers from the Red Book. I have every Red Book from the last 35 years and the figures were screwed up for the Silver Ikes in the 2008 Book. In my e-mail to Dennis Tucker of Red Book agreed on the error We'll correct this in next year's edition. Best wishes, -- Dennis Tucker The figures you have show the Proof Silver and Unc Silver together Look in the 2007 book or wait for the 2009 book for the hopefully correct numbers in 1974 there were only 593,577 Unc. silver Ikes made
If that is the case, that is the instant KEY to the 40% and IKE series. and the 1974 Silver Uncirc is trully the king of the IKEs I am not so sure. Any place I have ever looked, They list it at those numbers too. http://www.coincommunity.com/coin_facts/dollars/eisenhower.asp Moreover my 2000 and 2001 Redbooks state the same mintages as my 2008. Lastly, NGC shows 1807 total 1974 Silver UNC Ikes graded. As opposed to 1971 Silver UNC - 1394 1972 Silver UNC - 2095 1973 Silver UNC - 1427 If the 1974 mintage was that significantly lower, the pop reports would not fall in line with the others.
Philly - I think you will find that there are errors in many years of the Red Book. Trying to figure out which is right and which is wrong can be difficult at best. Even the Krause catalog has different mintage numbers for the unc version than any of those mentioned here in this thread. So, what numbers do you trust ? I really don't have the answer. But perhaps the best place to look would be Red Books starting with 1976, '77 and go through say 1985. I'm curious myself. Please tell us what they all say.
40% silver coin.... 40% or .400 fine silver coin will always be undervalued. because people first like 90% or .900 fineness ( for british, .925 fineness). then they liked .999, for gold even better. .900, then .999, .9999, .99999 now maybe in the future. they might further like .999999 fine gold coin.
