2009 Lincoln PCGS MS67

pennywise · 05-17-2009, 08:22 PM

Is this reason enough to break open your rolls?
http://www.teletrade.com/coins/lot.a...4&imagetype=d2

CamaroDMD · 05-17-2009, 08:24 PM

That's crazy. I can't believe someone would pay that kind of money.

**Mr. Coin Lover** · 05-17-2009, 08:42 PM

There is a set on ebay currently, last time I looked the bid was $320+change. HSN was selling a pair of ANACS MS-67 first day of issue @ $29.95. Yesterday they raised the price by $5.00 to $34.95. People that bought these on HSN are selling and basically doubling their money.

I haven't bought any rolls so I thought I would see how something works out more long term, I bought a set of NGC MS-66. I will always have a nice set of coins, weren't that expensive to buy. Did I sort of get caught up in the hype? No, I don't think so, I didn't buy them to sell anyway, I think they will remain very popular. If you disagree with me don't hesitate to disagree, I'm ready, but realize with S&H it's less than $40.00.

CamaroDMD · 05-17-2009, 09:34 PM

Quote:

Originally Posted by Mr. Coin Lover

People that bought these on HSN are selling and basically doubling their money.

I think we should all take a moment and recognize the significance of this statement. This is truly one of those "hell froze over" and "when pigs fly" times. Who would have ever thought you could make a profit buying a coin from HSN.

tycobb62 · 05-17-2009, 09:44 PM

I just purchased 2 rolls (P,D) that were from the U.S.Mint at a local coin show for $23.00. I don't plan on selling them. They will be given to my son when he gets a little older.

Goldstone · 05-17-2009, 09:46 PM

I refuse to buy these coins for such a high price I bet anything that this false demand subsides soon, there is only so much pent up demand because people are hoarding trying to make a quick buck

CamaroDMD · 05-17-2009, 09:55 PM

Quote:

Originally Posted by Goldstone

I refuse to buy these coins for such a high price I bet anything that this false demand subsides soon

It will.

tmoneyeagles · 05-17-2009, 10:18 PM

Well, if you can get these rolls for face, then get the nice ones graded, if they come back 67+, then you have just made yourself a nice profit.

**Mr. Coin Lover** · 05-17-2009, 10:24 PM

I don't have any intent of ever selling them. I have spent a lot more than this on things in my life that wew much more questionable, it it not a fortune folks, regardless of what happens I can say I had some fun, who knows at this point.

CamaroDMD · 05-17-2009, 10:40 PM

Quote:

Originally Posted by tmoneyeagles

Well, if you can get these rolls for face, then get the nice ones graded, if they come back 67+, then you have just made yourself a nice profit.

Only if you're one of the first to do it. As more of these rolls get cracked open and coins submitted...more MS67s and such will appear and cause the value to plummet. The prices are high right now because these coins are a fad and since they are so new not that many have been graded (thus there are very low populations for the high grades).

tmoneyeagles · 05-17-2009, 10:41 PM

Quote:

Originally Posted by CamaroDMD

Only if you're one of the first to do it. As more of these rolls get cracked open and coins submitted...more MS67s and such will appear and cause the value to plummet. The prices are high right now because these coins are a fad and since they are so new not that many have been graded (thus there are very low populations for the high grades).

Yes but a 68 has not been graded, and that will bring big money...
As will 69's and 70's...IF THEY EVER GET FOUND