Should I buy the bag of Ikes??

[chow]

Stopped in to a bank yesterday and they sold me a $500 canvas bag of halves that produced 6x40%ers. They also said they had $1,865 of dollar coins in the vault, of which $865 were "the big ones".

Has anyone had any luck finding silver (proofs) in bags of Ikes? Or maybe a few Peace/Morgans mixed in with the Ikes? I have the $$$ to pick it up, I'm just thinking it would be a pain in the a$$ to dump that many Ikes if there is nothing good in the bag!!

Let me know if you have any thoughts or ideas...thanks!

 

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[AGCoinHunter]

Do it, never know till you crack open the bag. Dumping isnt has hard as you think. Just take back $200 a time to your various dump banks. They will love you for it. Also, report back what you find.

 

[cyberdan]

Has anyone had any luck finding silver (proofs) in bags of Ikes? Or maybe a few Peace/Morgans mixed in with the Ikes?

Go for it!!!!!!!!!!

It has been almost two years so I can't remember all the details but one of my banks had a bag of big ones and really wanted to get rid of them. (close to $1000) Because of the $$$ value I insisted on counting them but they wanted to be paid first. A very small bank with a dining room table in the corner next to the teller. I pulled out every dollar and put in piles of ten and I think it was $100 short. I was being watched all the time so I was not worried. I called over the teller and she called over her boss who called over the vault teller. It took 15 min but I got my cash back.

P.S. also got 1 morgan & 1 peace if I remember correctly.

 

[chow]

Ok - I'm gonna do it! I will report back when the mission is complete

 

[golden silver]

Yes of course it is worth it. You can only win unless for some reason the bag is short. There could be silver mixed in and the canvas bags come in handy for hauling coin. Do it.

Golden Silver

 

[buckanear]

Jump in!Ya can't go wrong.

 

[alabamadan]

I did it a while back. Nothing other than ikes, but one was silver I think. Maybe the 76? I filled up my album with the best of the lot and still have the rest waiting to dump.

 

[Iheartmoney]

Do not put your dump coins in the machine. THEY WILL NOT BE COUNTED. I did this with 84 of them and they had to open the coin machine to get them out.

 

[gold eye]

Do it i bought 100 dollars two weeks ago and found a 1922 peace dollar made my day. HH RON

 

[timbobwey]

I found a morgan dollar in a roll when I bought 2 rolls or large dollars earlier in the year, so u never know man. I'd buy them. There are some valuable errors in the 1972 ike also, one of which is worth about $150. Research on the 1972 high relief Ike's, you'll see

 

[CHAINCHOMP]

do it!!! ive only found like a grand total of 15-20 ikes from asking at banks.....they r rare in them selves, and some dealers pay $1.10-$1.90 per coin! also, the chance of silver go for it!!!
keep it up and hh!
(PS good luck on finding goodies!)

 

[chow]

OK - went and picked it up and they only had $685 in Ikes, not $865 like I originally heard. There was no silver in the bunch I was really hoping to find my first Peace or Morgan in the wild, but not this time.

I will go through them and pull all of the 72's to look for Variety II's and all the 73's (clad not released for circulation, sold in sets only)...

Carpe argentum - sieze the silver!!!

 

[golden silver]

Look for 1973's as well. Keep in mind you could sell the whole lot on ebay for a decent profit.

Golden Silver

 

[fistfulladirt]

Was worth the effort. Otherwise, you would have always wondered "what if?"

ffd

 

[alabamadan]

Keep in mind you could sell the whole lot on ebay for a decent profit.

Really, but they're so heavy to ship. People will pay a premium for just a lot of Ike's? I've got nearly 1000 that I just haven't dumped.

 

[golden silver]

Flat rate shipping boxes. If it fits it ships for one low price. No matter the weight. It is a great thing.

Golden silver

 

[Mentone Grizz]

Carpe argentum!! I love it!!

Maybe you'll hit it big the next time!
- bc

 

[diggummup]

Just did a completed listings search for Eisenhower dollars on Ebay. It looks like lots are getting about 18-25% over face plus shipping. Not bad.

 

[golden silver]

Yup, I am about to put a large lot up for sale myself. Good luck to ya.

Golden Silver

 

[apush]

I agree with Golden Silver 100%. You never know until you try. And, as another poster stated, it won't be that hard to dump them. Its not that often you will have this opportunity. I would certainly go for it.

apush