The Dream Is Real - Ike Dollars

[bamiddle]

I was able to get my normal banker to find a way to get ikes!

I just walked out with 1500 in Halves and 2K in Ikes

 

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[CC-Hunter]

I hope you walked out pushing.a hand truck! That many coins has to be heavy

 

[bamiddle]

Yeah 2 boxes of halfs i can handle. Those Ikes are close to 50lbs a bag i think maybe more!

It took 4 trips to the car

 

[baddbluff]

Hope you score some Morgans or Peace $. Let us know how you dump those puppies

 

[Superbad7]

I sold some ikes for 1.10 a piece to a coin shop. I'm guessing ikes are ordered in 500 a bag?

 

[bamiddle]

Ikes are 1k a bag actually. These came in a canvas bag

 

[nube250]

Good luck! Hopefully you'll get some 40%ers at least.
I've ordered 2 1k bags of ikes before and found 4 40%ers. I sold them in lots of 100 on ebay for min $125 + Shipping. So profit of $9 per 100.. (I'll take 9% all day) but it took a while to sell 2k worth..

Since then I moved and cant order them anymore:-(

 

[Greastart]

I've tried to order Ikes.........No Go!

 

[bamiddle]

I've dumped them but now trying to figure the best strategy to go through them efficiently.

 

[mark1982]

I would grab handfuls and do quick edge checks as they are huge and any silver peace Morgan's or Ike's will be easily seen. Then I would start checking for errors.

 

[gordonquixote]

Silver Ikes?

 

[Captain Caveman]

Yes, they made silver Ikes, 71s-74s and 76s.

 

[egeorge1]

Some San Francisco Ikes are clad, some are 40% silver. All were for collectors only, not circulation. Good luck on your hunt!

 

[jrf30]

I've sold Ikes by the $500 batch for $1.08 per coin. Not a lot of profit, but when I order $1,000 I either get some silver dollars (Have gotten both Morgan and Peace in the bags) or I sell them for $1,080, which is still an $80 profit for less than an hour's work. I can't get them often, but when the banks have them built up to a full bag (Yes they are $1,000 bags, not $500) they will give them to me. Always worth the effort. :-)

 

[gordon and tanner]

Results?

Dad and Tanner

 

[bamiddle]

I sorted one bag for the years with variety.

I'm waiting the magnifying glass I ordered to come to inspect the ones I sort.

Finds so far:
1 - 1971-S (Silver)
1 - 1976-S (Silver)
3 - 1973-D

I plan to sort through the 2nd bag today. From first glance when I was stacking them no silver.

 

[BuffaloBoy]

What does the canvas bag that the ikes came in look like? Nice results so far! Looking forward to hearing the update from bag 2.

 

[bamiddle]

Heres pictures. Just a standard canvas bag. Weights ~54 lbs.

Almost through bag 2. Been kinda busy.

 

[BuffaloBoy]

Neat that you could even get your hands on old canvas bags. Thank you for sharing the picture

 

[baddbluff]

Those bags are almost as cool as the Ikes. I've snagged a few cool mint bags over the years: official US Mint cents, dimes and quarters bags. I think they are property of US govt.