do silver ikes have a premium?

Discussion in 'US Coins Forum' started by enochian, Aug 19, 2012.

  1. enochian

    enochian silver eater

    at the store i go to the normal ikes are $1.50 but the silver ones are 12 to $16 a piece
    i think the silver value is a little over 8
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  3. Ripley

    Ripley Senior Member

  4. roll searcher

    roll searcher coin hunter

    I see silver ikes at about $15 usually
  5. enochian

    enochian silver eater

    why so much i know they hhave more silver then a quarter but less then a half dollar

    so 12 would be a good deal then?
  6. roll searcher

    roll searcher coin hunter

    it really depends on the year, but $12 is what I would consider a fair price. If you look on ebay, you'll see that a lot of them get bidded up to $15+

    71S is generally a cheap one that can be obtained for pretty close to melt, but starting in 73S (proof silvers), the price starts to climb
  7. enochian

    enochian silver eater

    thanks for the info do the silvers have any errors
  8. gbroke

    gbroke Naturally Toned

    enochian, here is a great site with tons of information on varieties for all Ikes.
  9. rodeoclown

    rodeoclown Dodging Bulls

    I picked up 4 off eBay a few months back at around $9.50 each, this was when silver was a tad bit higher to if I recall correctly. So getting them slightly above or at melt price isn't too hard at times.
  10. statequarterguy

    statequarterguy Love Pucks

    As with many coins, low grade uncs can be had for close to melt and on eBay that's usually what you get. Higher grade examples can command large premiums.
  11. LindeDad

    LindeDad His Walker.

    Most of the time the silvers are of better quality as they only came in the Mint sets in fact the only MS68's graded are silvers if I remember correctly.
  12. rodeoclown

    rodeoclown Dodging Bulls

    The 4 I bought I'd grade each at around MS60-MS62. One even looked AU but they were still in the OGP. So I wouldn't claim the silver are necessarily better quality, I've yanked regular uncirculated Ike's from mint sets that look way better than their silver counterparts. ;)
  13. LindeDad

    LindeDad His Walker.

    There are always exceptions especially with the sets mow being over thirty years old. Just think some of them may of been in the same dealers mint set box all that time. Being pulled out every month or so by some guy trying to Cherry a nice one.
  14. coinguy-matthew

    coinguy-matthew Ike Crazy

    When it comes to Ike dollars condition is everything, eye appealing high grade Ikes are hard to come by and can be expensive, even ones graded by the TPGs have to be closely scrutinized in my opinion....
  15. Danr

    Danr Numismatist

    in higher grades certified clad Ikes are usually more than silver ones. the opposite is true of lower grade uncertified ikes.
  16. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    They have a premium not only for the silver value, but the numismatic value--they are all comparatively low mintage for the series. So, in high grade, they get up there in price.
  17. BUncirculated

    BUncirculated Well-Known Member

    The 40% Ikes have a little more silver than the 40% halves, .3161 compared to .1479.

    Multiplying .3161 by $28.09, and the silver value is $8.88.
  18. fretboard

    fretboard Defender of Old Coinage

    The silver price is by weight not by, "more silver then a quarter but less then a half dollar so 12 would be a good deal then?".
    Nice try but we don't get to call the price. :D;) If you're paying more than $8 it's too much unless it's in a really high grade.
  19. Lon Chaney

    Lon Chaney Well-Known Member

    Well, melt right now is $8.86 so I'd say more than $8 is probably what you'll pay.

    They didn't come in mint sets, they came in blue envelopes (for the BU ones) by themselves.

    You can buy them right now on Provident for $10.91 ea.
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