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<p>[QUOTE=&quot;lehmansterms, post: 2645672, member: 80804&quot;]I believe the Eisenhower dollar was originally produced under lobbying pressure from casino owners.&nbsp; Many of the places which had dollar slots back in the 50&#039;s &amp; 60&#039;s used old and worn 90% silver dollars.&nbsp; Came 1964/65 and the silver value of even a trashed Morgan or Peace dollar climbed well above one dollar. The casino owners saw potential profits walking out the door whenever anyone had a win - or even changed bills for the worn silver &quot;slugs&quot; and didn&#039;t bother putting any in the slots, just took them, walked out the door, and scrapped them at a profit.</p><p>Before casinos figured out they could create their own silver dollar-sized tokens which also had advertising value, they desperately wanted something to use in their very profitable dollar slots. A token silver dollar-sized coin filled the bill nicely.</p><p>I have no proof of this at all - it&#039;s merely a theory - but it also explains why you occasionally encounter an Ike with far more wear than you could ever believe it had in real circulation - since, of course, they never really circulated.</p><p>I suppose some folks carried them as &quot;pocket pieces&quot;, although that tradition was seriously on the wane by the time the Ikes made the scene.</p><p>When my kids were young - Ikes were what the tooth fairy brought.[/QUOTE]</p><p><br /></p>

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