IKE Dollar Question

Not sure where to post this but I bought $200.00 worth of Ike Dollars from one of my Cute,Young, friendly tellers today. She thought I was Nuts when I said I would take them all.
Ok here is the ? What am I looking for besides silver? Anything? And what do I do with the rejects I do not think the coin machines take them and I know the bank does not want them back?
THANKS IN ADVANCE AND MERRY CHRISTMAS TOO ALL.
JON

 

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I'm not up on Ikes but I do know there's some varieties.
Spend $20 and get yourself a Red Book.
That will cover a lot of them.

Try this too:
http://eisenhowerdollarguide.com/

 

Keep the 1973 dated coins. As for the extras, I'm sure you could sell/trade them here on CT.

 

Are they not money? What I do is spend them. Do not try to take them back to the same area. I spend 50c and $1.00 coins when on vacation. There for I will not be looking at them again.

 

I would be very surprised if you found any silver mixed in. The silver versions were never circulated.

However, you can stand to make money. Most people on eBay and craigslist are selling IKEs for $2 a piece. If I could buy IKEs at face value I'd probably get a bunch of them and have fun spending them. I buy mostly silver IKEs but the few clad versions I have, unfortunately, I have had to pay anywhere from $1.50 to $2.00 for them. That is why I generally don't bother.

 

I bought an Ike book. I bought a cache of coins like you did, then I hunted out the best specimens for each date and put them in my book. The series is short and easy to fill a book in no time, including varieties. I still have a few holes to fill, but that's the fun I get from collecting. Any extra coins I spend at my local gas stations or give out as tooth fairy gifts. They are not seen in circulation much and waitresses get a kick out of em too... as long as you don't give them 15 of em at once.

 

wonder how many of them would be dated 1776-1976?
I would do as others already stated. keep all 1973's then variety search, like a type II 1972

 

The are some varieties you want to look for, especially the 1972 Type 2.
It's worth good money in circulated condition.
There is also the FEV(friendly eagle variety).

Your can find examples and information on the major varieties at The Ike Group.

http://www.ikegroup.info/

-greg

 

Thank You Greg. I was looking for that link and couldn't find it because my head is stuck up my you know what........

 

There are some varietys you could find for instance the 1972 type 2 carries a good enough size premium to make it worth while to look, also the 71 FEV. Those are just a couple visit to the ikegroup.org would be a good start and its free....

 

LOL beat me to it.....:desk:

 

me too. Oh well, Merry Christmas

 

http://www.jmscoins.com/store/images/coin-varieties/large/1972-ike-dollar-type-2.jpg 1972 type 2

 

You can find the 40% silver, you can find the 1973 mint set only coins, and finally you can find proofs - because I have found all of those by buying up Ikes. What often happens when these things come into the bank in quantity is that someone inherited them from an older relative and took them to one of those "coin appraisal" shows that some of my banks have about twice a year. They tell them they are worth face value, even the mint set and proof examples, and the owner ends up just depositing them into the bank. I make it a habit to hang out at the bank on and just after those "coin appraisal" events just for that stuff that gets deposited.

 

Banks can be a lot more scenic than the great majority of coin shops for that very reason.

 

Well I pulled about 50 72's a side and I kept 4 out for they are dif at the FL coast line. Other wise I do not know if any of the others are anything, I did how ever make my day with this one in there.1974 S, I know its only worth $2.00 but hey it made my day. NOW What To Do With the Other 199
THANKS JON

 

So Jon, did you check out the Ike Group for the FEV variety? And check your 1972's for the Type 2. There are 3 types for the 1972.
This is the one you want:
Taken from TheIkeGroup.org



As far as the rest of your Ikes go: If they are in circulated condition, spend them around town and enjoy the expressions of the cashiers who have never seen one.

 

A good idea would be to look for toners, vg or worse, (registry sets), and Unc. The 65 and greater can be worth some big bucks.

 

Are the Bicentennials worth anything?

 

Not unless they are UNC or are bold letter variety.