So recently I received an offer from a “Top/Well Known” dealer (the names have been changed to protect the innocent) for a 1976-D $1 Type 1 Ike Dollar… this dealer said heck it’s tied for finest and only $9,500 and it retails for $11,500….
This is where you as the buyer need to sort the wheat from the chaff….Listen to me, I have nothing against President Eisenhower… I Like Ike, what I don’t like is that this is truly a common coin… ok I get Type 1 is a little better than Type 2 and I get the fact that it’s in a PCGS holder… but here is the rub… it’s not finest known that honor belongs to a MS67+ there are actually 15 coins certified MS67 grade…
but that’s not the point… go buy a wonderful 66+ if you must have this coin… there are 29 graded examples and you can buy one for around $600 dollars… If I took the 66+ and the 67 and put them together 9 out of 10 people could not tell the difference.
My rant, you can have great coins at a fraction of the price if you don’t get hung up over finest known….on a common coin the case is even stronger… make it a great day and Ike said it best….
Peace and justice are two sides of the same coin.
