Discussion in 'US Coins Forum' started by Bman33, May 13, 2017.
Log in or Sign up to hide this ad.
I am not all that enthused about the prevailing grading standards for clad Ikes. although the standards for 40% seem fairly consistent with other series. As with other series, you should look for a full strike, good luster, and attractive surfaces, however the surfaces may not be quite as clean as on Morgan and Peace dollars of the same grade. As with all series, attractive natural color will add value and possibly grading points as well.
The lenience given to surface quality on clad Ikes is likely due to the prevalence of mint-made flaws in the clad planchets which usually do not strike out in such large coins of such hard material, so you'll probably need to attenuate your expectations a bit if you already have designs on building a gem set on a modest budget.
@Collecting Nut, about the price of an average uncirculated set though. Good luck on completing your set.
Attractive, brilliant coins can still be found if you search, but it's a quest.
As far as the series, Bman, before you start to buy them, start looking at a lot slabbed examples to get an idea what the prevailing market expects for typical grades.
The 1971 and 1972 coins will be more difficult to find as they are not readily available from Mint sets. Conversely, the 1973 coins are ONLY available from Mint sets.
I have a very good friend who knows a bit about Ikes. He may be the foremost expert on them in the US. He once sent a 1972 Ike for grading (several times) and eventually sold it for over $14,000. My point being that there will be many opinions out there and some may not always jive with others. Learn all that you can before you embark on assembling a set.
It's a great coin, a great, short series, and you can do well for yourself if you can learn to grade them correctly.
Thanks for the advice guys. Looks like I have some learning to do before I do the collection right. I'm going to a coin show today and planned on buying some Ike's. Now I'll just learn and maybe buy one!
@Bman33 If it hasn't been mentioned yet the '72 type 2 might be a challenge and a bit expensive.
@coinguy-matthew Thanks for sharing that link.
These need a bath and new holders.
Next thing you know you'll be doing an SBA set too
You might get answers to your questions if you did.
Separate names with a comma.