Franklin Mint counterfeits out in 3 seconds prior to auction.

unlikely: Majick Thise: Do all Ike 1$'s have the moon landing on the back?

Just the 1976.

If you have a 1975 though, I'll give you $5 for it. More if it is in better condition.

I have the mint set.

Were they the part silver ones, or just the cupronickel clad?

Are they made of marijuana?

Wow. That was fascinating. I never thought to put my savings in coins. No, not even gold coins. :)

Aar1012: toddalmighty: Seems to me they'd be worth about $220,000. Ikes aren't rare.

I was going to say. I have one (Grandma gave it to me) and it's worth a dollar

Five tons of them? I daresay they're worth face price.

Why announce how many you have?

Would that not drop the price due to an overabundance?

Wealth is relative...

I've had dreams like this.

selrah: [jameystegmaier.com image 400x316]

Thanks for the picture punctuation, yo.

Pictures and words=integral to human understanding.

Boom.

;)

Show_The_O_Face: Why announce how many you have?

Would that not drop the price due to an overabundance?

you're right, that was cart before donkey. now they must get extra clever to make coin on the turn-over. leave it to the girls in Marketing and the madmen.

libranoelrose: selrah: [jameystegmaier.com image 400x316]

[dl.dropbox.com image 604x329]

Well-played.

Why have you not head-hunted me yet?

Oh yeah, just ripping shiat for free...

;)-squared.

Love hurts.

unlikely: Majick Thise: Do all Ike 1$'s have the moon landing on the back?

Just the 1976.

If you have a 1975 though, I'll give you $5 for it. More if it is in better condition.

No, they all do. The normal design was the Apollo 11 insignia, the 1976 design had the moon as a design element.

Indubitably: libranoelrose: selrah: [jameystegmaier.com image 400x316]

[dl.dropbox.com image 604x329]

Well-played.

Why have you not head-hunted me yet?

Oh yeah, just ripping shiat for free...

;)-squared.

Love hurts.

Said too much.

Sounds like they have mint-fresh coins. Those could be worth more than $1 each.

There were 40% silver Ikes, but they weren't issued to banks in bags like that.

My family and I were traveling, stopped at a rest stop near Indianapolis. A couple of super-old men sitting across the way from us gave my kids one of these Ike $1 coins each before leaving.

/csb

relcec: "The coins were shipped from the U.S. Mint in Denver during the 1970s to a Federal Reserve bank. A Montana man who does not want his name released bought and stored them in a local bank in Helena, where they sat until recently."

what kind of a person has $220,000 in the mid 70's and uses it to obtain 220,000 dollar coins from a federal reserve bank in the mid and then stashes them for 30+ years.

And then some guy in New Hampshire got them?

They weren't "discovered".
Some guy kept them there for 30 years and knew right where they were.
But don't let my article-reading interrupt the usual bogus Fark headlines.

Monkey2: FTA: "Littleton plans to start offering them for sale next year."

Um, yeah, and they'll be offering them for approximately four times what they're worth. If you know anything about coins, you know to NEVER deal with Littleton.

^this

Begoggle: They weren't "discovered".
Some guy kept them there for 30 years and knew right where they were.
But don't let my article-reading interrupt the usual bogus Fark headlines.

See?

;)

Ah, Montanta. Where you have to redefine your "property" as a "compound."

unlikely: king_nacho: unlikely: Majick Thise: Do all Ike 1$'s have the moon landing on the back?

Just the 1976.

If you have a 1975 though, I'll give you $5 for it. More if it is in better condition.

there are no 1975, those all say "1776-1976"

Dammit man. They were gonna have HOURS of fun searching for the '75, but nooOOOooo you had to spill it.

/offering $20 for a 1975 dime is one of my favorite things to do when I encounter dishonest moneygrabbers at flea markets or ren faires or whatever. Wind 'em up and watch 'em go all day long...



lol, I'd never even thought of that; my 'other ' job is working maintenance at a laundromat, I can have hours of fun at others' expense with that bit of knowledge.

relcec: "The coins were shipped from the U.S. Mint in Denver during the 1970s to a Federal Reserve bank. A Montana man who does not want his name released bought and stored them in a local bank in Helena, where they sat until recently."

what kind of a person has $220,000 in the mid 70's and uses it to obtain 220,000 dollar coins from a federal reserve bank in the mid and then stashes them for 30+ years.

Someone with a weird long range investment strategy.

i got a 1972 ike and and 1964 kennedy half that's almost black

Pawn Stars guy only offered $150,000 because it's gonna take a while to sell them all and he's gotta make a profit.

On earth 220,000 of anything isn't rare.

unlikely: There actually ARE 1975 dimes...

RON PAUL?

OMG that's where DB Cooper put the money

toddalmighty: Seems to me they'd be worth about $220,000. Ikes aren't rare.

There are lots of them out there, but they don't circulate. They are all sitting in peoples desks, dressers and coin jars. The demand far outstrips the supply that is actually available especially in areas near military academies. The military has a tradition of new officers paying the first enlisted person to salute them a dollar coin. I'm not sure about other academies, but at Annapolis it is expected to be an Eisenhower Dollar. Pretty much every bank in Maryland saves up all the Eisenhowers they get throughout the year for graduation at Naval Academy. I worked in a fairly big regional bank in Maryland about 15 years ago in the central vault. We would collect the coins from all the branches in the state, store them in our vault, and ship them to an Annapolis branch every year.

aug3: i got a 1972 ike and and 1964 kennedy half that's almost black

Those sound like Obama dollars.

So, assuming these are clad dollars minted in Denver since they were bought there and not silver dollars minted in Frisco their copper and nickel melt value is a tidy $0.1985 each. (new window)

The 40% silver ones have a current value of $10.25 (new window)

I have a roll of $20 so I'm going to melt them for the $4 value. It beats cutting electrical high tension copper cables with a Sawzall.

According to the Inflation Calculator:

"What cost $220000 in 1975 would cost $881380.95 in 2010."

So a litle bit better than inflation. I think collecting non-rare coins is quite often a money loser. You better be doing it for fun.

I used to work with an old guy who saved all quarters from the '60s because "they're 40 years old!"

mab1823: Are they made of marijuana?

Then I'd really like ... uh .... dude ... who are we talking about again??

Danger Avoid Death: mab1823: Are they made of marijuana?

Then I'd really like ... uh .... dude ... who are we talking about again??

The eastern block.

puppypants: OMG that's where DB Cooper put the money

That would have overstrained the parachute, methinks.

My current spot worth, $3,893,252.68.

How much are you worth?

Wow. $220k invested in a no load S&P index fund 30 years ago would be worth about $3 million now. Including after the recent crash.

No wonder this bonehead doesn't want his name released.