You are here:

Coin and Paper Money Collecting/Ike Dollars - Poor Quality?

Advertisement


Question
Hello Mr. Fern. Thank you for taking my question. When I first returned to coin collecting, about 4 years ago, I purchased a complete Ike Dollar collection. I was new, uneducated, and paid twice what I should have. I noticed that although the coins were advertised as BU (also proofs), several of them looked milky, almost as if they had a film on them. They seemed to have little luster. I figured it was my fault for buying on impulse. Recently, I purchased 10 Ike dollars from a very reputable dealer through the mail. My thought was to replace the worst of the previous coins I bought. These 10 coins were listed as "Choice, BU." I thought, "How can I go wrong?" Well the new coins arrived and are very similar to the first ones I purchased. Is there a problem with this series? Thanks for your help. Jack

Answer
Jack:
I'm not an expert on this series. I'd think you should be able to find some nice examples with some searching. The coins were not well received and never circulated adequately. In my opinion, too heavy, especially where they were clad and didn't have any real value metalwise. I've provided you a couple of links where perhaps you can get a good answer to the quality of the strikes on this series. Good Luck, and hope this helps.

http://coins.about.com/od/Eisenhower-Ike-Dollar-Coins/a/How-To-Collect-Eisenhowe and http://www.pcgs.com/News/Eisenhower-Dollars-1971-1978

Coin and Paper Money Collecting

All Answers


Answers by Expert:


Ask Experts

Volunteer


Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributor to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency on Facebook. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

©2016 About.com. All rights reserved.