Sunday, December 25, 2011

Your Ike Silver Dollar - How Much Is It Worth?

!±8± Your Ike Silver Dollar - How Much Is It Worth?

So, you've stumbled across an Ike Dollar, and now you want to find out how much it's worth. Well, you've come to the right place. Identifying the value of any coin is very important. By doing so, you can be assured that the coin you are selling is worth the amount paid. It can also help you when you're buying coins, as knowing the value will assure you that you are getting your money's worth, and are not paying for overpriced coins.

But before going into that, here are some facts about the Ike Silver Dollar.

During the years 1971-1978, the U.S. government issued out the Eisenhower Dollar. It was the first U.S. dollar that did not make use of a precious metal. In fact, it was composed of 100% copper, with its outer layer composed of 75% copper and 25% nickel.

But, there were also silver-copper issues released by the U.S. government. These silver-copper issues, or what we call the Ike Silver Dollar coins, were especially minted for the purpose of selling to collectors. They were minted at San Francisco, at years 1971, 1972, 1973, 1974, and 1976. These coins were either proof (Brown Ikes) or uncirculated (Blue Ikes).

What are Ike Silver Dollar specifications?

The coin's diameter is 38.1 mm, and weighs 24.59 grams. It's composed of .800 silver, .200 copper bonded to .209 silver. Aggregate 60% copper and 40% silver. Its Net Weight is .3161 ounce pure silver, or 9.841 grams. It has a reeded edge.

Why it's worth collecting

The Ike Silver Dollar will always hold a special place in the heart of any American coin collector. The Ike Dollar of 1971-1976 holds the largest portrait of a president, or any real person for that matter, to ever appear on a regular-issue American coin. It is also considered very unique, since it is the last of the great traditional size 38 mm silver dollar series.

How to tell its worth

Identifying the value of your Ike Silver Dollar is not as easy as you think it is. You have to consider factors like year of minting, exactly what variety it is, and also the condition.

Most of the Ike silver dollars are in banged up or worn condition. In this case, it could be worth just the face value or maybe a bit more basing on the silver content. But even with that, it isn't much since the coin is really not made up of 90% silver.

Those Ike silver dollars that are in mint state condition will have a higher value, probably around +, again depending on its date, exact grade, and grading company.

Those with lower grades but are uncirculated can still cost you about or more. Those that are circulated are probably worth , unless you have the rare ones that command a premium. These rare coins include 1972 type 2, type 3, and 1976 type 1. These coins sell for a little over its face value.

So, although the Ike dollar is really not worth much, it can still be a fun coin to collect. Remember, they are the last of the big and heavy dollar coins produced in the U.S., so you can keep it as a treasured memento.


Your Ike Silver Dollar - How Much Is It Worth?

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Tuesday, December 20, 2011

Goodbaby Strollers on the Move

!±8± Goodbaby Strollers on the Move

I would be willing to that bet you have never heard of Goodbaby. Yet they control 70% of the stroller market in China. They manufacture two out of every five strollers sold in the U.S. And they have a 15% market share in Europe primarily in the luxury model category. There is a very good chance that you have a Goodbaby product in your home and do not even know it. Goodbaby makes 10,000 strollers a day, most of them for overseas brands. In all they make 15 different labels.

Song Zhenghuan was intent on becoming the world's number one maker of infant and child products. But when he designed a rocking chair in 1989, one of his employees mistook it for a stroller. Song added wheels and the rest as they say is history. As of May 2009, the company was still privately owned but the initial public offering was on many investor's radar.

Goodbaby opened its flagship store in Shanghai in 2006. Its targeted market is middle-class Chinese families. Ironically, not far away is a competitor who caters to wealthier Chinese families willing to spend big money on foreign label products. Goodbaby not only owns a share in this store too, but many of the products for sale there are made right in China by Goodbaby.

Song Zhenghuan's number one challenge today is to make the Goodbaby label a top seller in its own right. He faces the challenge of overcoming global bias, which he admits was brought on in part by unscrupulous Chinese companies who produced shoddy and dangerous baby products. He knows it will take time but he is confident that China will someday enjoy the same reputation that Japan does for producing quality goods.

Song has taken an interesting route to baby stroller mogul. He began his career as a math teacher eventually becoming a vice-principal. When China first began experimenting in capitalism, some schools were required to create businesses to fund themselves. So Song borrowed from his fellow teachers and opened a microwave oven factory which was a resounding failure.

Eventually, through alumni connections, the factory got work making stroller parts. Song quickly saw that profits would be higher on finished products. Over the last 20 years, Goodbaby has been innovating stroller design. They feel their R&D is what sets the company apart from their competitors. That and the fact that they made a combo rocking chair/stroller work.

Goodbaby has produced strollers under the brand names of Cosco, Safety First and Eddie Bauer to name a few. Other non-stroller brand names manufactured by Goodbaby are Quinny, Nike Kids and Tommee Tippee. One distinction that has set them apart from other Chinese manufacturers of infant and child products is that Goodbaby has welcomed foreign investors and taken advise from their experience. This has helped them understand the expectations of the world market.

In 2006, a China focused private equity firm, the Pacific Alliance Group, bought a 67 percent stake in Goodbaby, effecting what some call the first western style leveraged buyout of a Chinese company. It was this equity firm that was expected to take Goodbaby public. But that has not happened. And instead, PAG has hired Morgan Stanley to sell their shares to other interested private equity firms.

This sale is going to have a very high profile because traditionally, the Chinese government has not easily approved foreign investments and the private culture of business ownership in China is strong. What started as one factory is now more than ten specialty factories and they have their own industrial park employing over 16,000 people.

What's next? Goodbaby plans to grow its online presence as many young Chinese parents like to shop on the internet. If history has been any indication, expect to see a lot more of Goodbaby in the years to come.


Goodbaby Strollers on the Move

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Wednesday, December 14, 2011

Thursday, December 1, 2011


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