Ike Dollar Help Needed

Discussion in 'Coin Chat' started by Barbara Louise K., Mar 16, 2021.

  1. I purchased 130 Ike (not Silver) Dollars from the bank and 40 are the 1776-1996 Bicentennial Coins.

    Is there any Value in keeping these or will they be worth more than One Dollar?
     
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  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Depends on condition/MM/strike type e.t.c.some are most likely only worth FV but a proof is worth more than a $1.
     
  4. Beardigger

    Beardigger Well-Known Member

    There are 2 types of Bicentennial Ike Dollars. They have to do with the lettering on UNITED STATES OF AMERICA on the reverse. One is thick lettering and the other is thin.
    Although there is no Premium for the difference right now. There may be in the future. I believe IKES are under-rated and under collected right now. I have been told by my banks that they return IKES for destruction (TRUE? IDK). I hang onto every IKE i can get my hands on. I know my LCS sells them for $1.50 ea. I'm surprised your bank had any at all.
     
  5. GH#75

    GH#75 Trying to get 8 hours of sleep in 4. . .

    You could sell them for $1.10 if you want lol. Make a few dollars if you sell all of them. Look for errors and varieties and research what types to find. I believe 1974 (correct me if I'm wrong) proof double dies exist. But check variety vista to be sure. You can also look on VV to see if theres any other double dies to look for.
    http://www.varietyvista.com/
     
  6. tommyc03

    tommyc03 Senior Member

    Pssst...It's 1776-1976. (And I should talk after my boo boo a couple days ago););):confused:.
     
  7. desertgem

    desertgem Senior Errer Collecktor Supporter

    I have a sack of them for when I need very large washers. Much less expensive than HD and one hasn't had a failure with wood construction.
     
    tommyc03 likes this.
  8. manny9655

    manny9655 Well-Known Member

    I see dealers at shows selling Ikes for $1.25 to $1.50. Not much of a premium, but a little. I once got 60 at my bank a while back (before the pandemic hit) because somebody had cashed in a small box full of them. My favorite teller told me they had them and I bought them all. But also remember...a few Ikes were made in 40% silver. And BTW, welcome to the forum!
     
  9. MK Ultra

    MK Ultra Well-Known Member

    Ikegroup.com has some good info too.

    You can tell if they're silver by looking at the side. Even though 40%, it's solid silver color. Clad will have the red/copper ring.

    Type 1 & 2 as Beardigger mentioned. (one was minted in 1975, the other in 1976).

    I've been picking them up locally when I see them priced attractively, but don't buy the circ clad unless I can cherry pick. I've seen prices on those from $1.10 to $1.25.
     
    GoldFinger1969 likes this.
  10. cplradar

    cplradar Talmud Chuchum


    what bank had Ikes?
     
  11. cladking

    cladking Coin Collector


    Other than BU's and varieties they'll never be valuable. The '76 tI, '73, and '73-D have a small value (2 or $3) in XF/ AU but otherwise regular issues must be Unc.

    Nice circ specimens are so popular right now that they are trading at $1.50 wholesale.

    You're unlikely to have any major varieties in a small sample but the best bet is the '72 "friendly eagle". Thousands of these were made and they got mixed in pretty good before they were widely known.
     
  12. RogerC

    RogerC Well-Known Member

    There's also the 1972-P Type 2 - no islands right of Florida on the earth on the reverse. PCGS has it valued at $65 in EF.
     
  13. cplradar

    cplradar Talmud Chuchum


    that is bound to get to be a bright picture. These coins have been abused and are ugly when kicked around and clean specimens tend to be be rarer. Any minor interest in the series is going to sustain a decent bump in prices.
     
  14. Ikegroup.com
    Ikegroup.com is gone and up for sale.
     
  15. cplradar

    cplradar Talmud Chuchum

  16. I just came back to post the correct web address. You beat me to it. Thanks.
     
  17. cladking

    cladking Coin Collector

    Prices on these have been soaring for a few years now but are only up about 60%. The premiums are up far more because $1 is still a significant part of their value. I've sold every single one I had other than a few hundred Gems in my safety deposit boxes, a few Gems out on consignment, and a few culls of better dates.

    I do expect prices to continue higher as more and more collect them and the general public is obsessed by them. There's a lot of nostalgia among baby boomers and younger people for the 1970's which seems to be so long ago now. I never imagined nice circ Ikes and BU's would be so scarce as they are now because so many were set aside and the FED had so very many. But like everything that is unloved and shunned these just became degraded and lost. Attractive specimens in any grade are none too common.
     
    Copper lover and cplradar like this.
  18. cladking

    cladking Coin Collector

  19. cplradar

    cplradar Talmud Chuchum


    The moonshot nostalgia has to help
     
    Copper lover likes this.
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