How RARE are 1971-P & 1972-P "Peg Leg" coins?

These Peg Legs were created by the polishing (or abrading) done to the area between Ike's head and the "R" on the working or master dies.
shasta7
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How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Thu Mar 20, 2014 11:22 pm

I haven't seen a lot of info about Peg Leg Ike for the 71-P & 72-P coins...

Just trying to find out how rare they are?... Are they worth a lot of money?...

I haven't seen any on E-bay or other auctions... just wondering since I can't find
any info if these are that rare... any help would be appreciated... I did see the price
guide on this site... all it showed was the 71-D & 72-D (Denver Var...) Thanks!!

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by SteveP » Fri Mar 21, 2014 2:12 am

I have not seen a true 1971 peg leg. I have a very near peg leg 971 in my Peg Leg showcase set: http://www.pcgs.com/setregistry/showcase.aspx?sc=1594. If you have one, I would be guessing that it is exceedingly rare.

1972 Type 1 peg legs are known. They are likely a single die product. Thus, they are more rare than 1971D, 1972D, and 1974D peg legs.

I'm not aware of any 1972 Type 2 peg legs.

I've heard of a 1972 Type 3 peg leg, but have never seen photographic or physical evidence of one - it would be perhaps as rare as a 1971. I also have a "getting there, but not there yet" near peg leg 1972 Type 3 in the showcase.

As an aside, I just got a bunch of peg leg Ikes back from PCGS yesterday. I'll be adding one of two to the showcase when time allows, like a nice 1972D OAK (yes, I known that the OAK applies only to the 1976D Type 1 OAK peg leg, but this 1972D has a stump smaller than many 1976D Type 1 OAKs). I sent one back - 1976D Type 2 peg leg that came back MS65, but in a Type 1 holder :roll: I guess the peg leg on the obverse fooled them. You'd think they would check the reverse?
Last edited by SteveP on Fri Mar 21, 2014 10:22 am, edited 1 time in total.
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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by AndyO » Fri Mar 21, 2014 9:32 am

There are no known 1971 Peg legs. I would personally believe that none were ever created.
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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Fri Mar 21, 2014 9:53 am

Thanks a lot Steve... appreciate the info... :-) very helpful!!!
You also have a great collection... way to go!!

Still have a bunch to go thru...

I went thru most of my 71 & 72 CU BS Ike's both P's & D's...
I found so-far... (3) 71-D's ... (2) 72-P's ... (1) 72-D

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Fri Mar 21, 2014 9:54 am

Thanks Andy... appreciate your input... :-)

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Tue Mar 25, 2014 9:15 pm

Just a Quick update...

After going thru a box of Ikes (approx. 150) I had long ago put away...
I found the following:

(6) 1971-D very NICE!! BU Peg Legs... 5 of them were from same die marriage... these also had Major Talon Head, JW, ML.... the 6th 1971-D had a very nice Double Talon Head...

(1) 1971-P DDO
(2) 1971-P DDO/DDR

(2) 1971-D DDR (both having multiple clashes)
==============================

(1) 1972-P Type 2 rev - March Var (I'd say a ms-63)
(3) 1972-P Type 1 rev - March Var

(1) 1972-P Peg Leg (Straight leg)
(3) 1972-D Peg Leg
==============================

(1) 1974-D Peg Leg (major)
==============================

(1) 1976-D Type 2 rev - Peg Leg - OAK (shame it has corrosion...)
==============================

Have two other boxes to go thru... then will need to get more coins... :-)
Just wanted to share this with others... & hope it gets more collectors to
get more involved looking again... :)

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by SteveP » Wed Mar 26, 2014 12:54 am

shasta7 wrote:(3) 1972-P Type 1 rev - March Var
3= very nice!

I have yet to find a slam dunk March obverse Type 1. I have one maybe put away. This weekend, a pulled out about 80-100 72 T1 Ikes to take a double look, and not a one had a March obverse.

Sorry about the topic drift.
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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Wed Mar 26, 2014 10:32 am

Steve...

Thanks... & yes I too am finding out these are scarce to rare to find... wonder if
anyone else have found any... these may even be rarer then the type 2 rev coins... hummmm

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by shasta7 » Sat Mar 29, 2014 1:25 pm

Ok went thru 1 of the last two boxes of ikes ...
following are my finds after searching thru them all...

a lot of 71-D & 72-D clashes... mostly Talon Heads... sm to med... & moonlines... & hair lips...

I did find a 72-P Straight Peg Leg... it matches exactly like my other 2... both sides too...
a few 71 & 72 DDO ... that is it... approx. 200 coins... :-) Nothing earth shattering...

Lastly, I was kind of surprised I didn't find ANY 1972-P type 1 rev with the March Var OBV...
Went thro about 75 coins......

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Re: How RARE are 1971-P & 1972-P "Peg Leg" coins?

Post by SteveP » Sat Mar 29, 2014 6:55 pm

Check your 1971D T2 peg legs for RPM-5. http://www.ikedollardoubledie.com/rpms.php
RPM-5 is a peg leg, has a double talon head, and a die crack running from the 1 through the 9.

This is a sweet double feature coin!
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