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<p>[QUOTE=&quot;rbm86, post: 20208, member: 854&quot;]GD - Since you are near the Salt Lake City area, I wonder if you have any information you can share with us (that you know) about the PKOK Ike Dollar Hoard.&nbsp; I read about this on another forum, and the story behind it is interesting, but, I guess, unproven.</p><p><br /></p><p>Here&#039;s a short version based on my understanding:</p><p><br /></p><p>1.&nbsp; &quot;PKOK Ikes&quot; come from a hoard of Ike dollars which have distinctive toning which is highly prized by certain collectors, bringing remarkable premiums.</p><p><br /></p><p>2.&nbsp; They are rumored to have orginated by a bank employee who inserted various Ike dollars (business strikes, clad proofs, silver proofs, and silver BUs) in cardboard holders originnally meant for Morgan Dollars to be given away as a promotion for a Salt Lake City bank.</p><p><br /></p><p>3.&nbsp; The toning is rumored to have resulted from the holders, or a combination of the holders and improper storage in a moist, sulfer-rich basement.&nbsp; Others allege the coins were &quot;cooked&quot; or chemically treated to result in the wild PKOK Ike toning.</p><p><br /></p><p>4.&nbsp; The exact story is shrouded in mystery, which is probably why the PKOK Ikes carry such large premiums.&nbsp; Many were slabbed by PCGS, but I&#039;m not sure if they still slab them.&nbsp; None of these bank promotion holders (or very few) have surfaced, which casts doubt on the story, or suggests that the &quot;creator&quot; takes a few out every once in a while but keeps or destroys the holders.</p><p><br /></p><p>Fun Stuff!!</p><p><br /></p><p>By the way, It seems that PCGS will slab a coin that is proven to result from a gradual toning process (such as these Ikes and the &quot;electric blue&quot; proof Jefferson nickels) even if it resulted from something like improper storage (which was the case with the nickels).&nbsp; Otherwise such colors would likely be bagged as AT (artifical toning).[/QUOTE]</p><p><br /></p>

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