coins123

http://www.pcgs.com/prices/PriceGuid...dential+Dollar

There's a whole lot of condition rarities in there with unbelievable spreads! Are those prices correct? Will anyone pay 286x the cost of a ms66 example? Will there be dozens if not hundreds more ms66s and ms67s made over the next few years?

150220 2007-D Adams FDI Pos B 8 12 20 35 10,000
150219 2007-D Adams Pos B 8 10 15 30 (where's price for ms67?)

FDI means first day of issue, right? How does one differnate the two? Regardless, the FDI costs only a few $ more than the "regular" ones. Does anyone know how much one could sell an ms67 for before the pops jump up? I am gonna be trying to make some ms67's of different dates/mintmarks/presidents and I bet many others will as well. Those coins have to come nice enough for ms65s and ms66s to be cheap, does anyone know how much harder an ms67 is? There's still tons of unsearched rolls of those coins as well as other presidental coins.

http://presidentialdollarguide.com/p...llar-mintages/

over 50 million of each president from P and D mints. Plenty to go around!

Ive done a search and can't find much information except there appears to be several varities, positions, first strikes, FDI, satan finishes, etc. The price guide appears confusing with all the different discriptions listed and some omissions. How does one know what their particular coin is worth? What coins and in what grades are needed and in demand by collectors? What coins should I give a try with PCGS, perhaps ill go for bulk grading.

schatzy

First Day of Issue coins have to be postmarked on the day they came out. After that day no one can get the FDI put on the label. Getting an MS67 is very very hard for the 2007 Presidential series and yes people spend crazy money for them.

What coins should I give a try with PCGS, perhaps ill go for bulk grading? You have to submit at least 100 coins with the same mintmark and date.

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My Toned Roosevelt's

Leadfoot

I hear the satan finishes are the ones to own.

green18

No way in blazes that I'd pay that kind o' money for a ms-67 presidential.....

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They also serve who only stand and wait....John Milton

CamaroDMD

I'd be surprised if a normal BU Presidential dollar has ever sold for close to $10K despite what the PCGS price guide says. The PCGS guide always seems to overprice coins...but I have always felt that grading coins and having a price guide for their graded coins was kind of a conflict of interests.

__________________
The Truth About "O" Mint Morgan Dollars

krispy

"Satan" !!!
http://www.youtube.com/watch?v=cCL7Z...eature=related

coins123

So where do I find out any auctions or sales history for condition "rarity" presidental dollars? I am going to start a registry set with those coins and sell off duplicates to others to use in their registry set. How much can one realistically sell a $10,000 PCGS price guide coin for? Wouldn't they just rather buy many rolls of those coins and cherrypick a few good ones? Does anyone know what % of a coin such as 2007-D Adams grades ms65, ms66, ms67? How many coins must one cherrypick thru to find a ms65, ms66, ms67?

rugrats2001

First, you have to be an incredible grading genius to positively differentiate between 65-66-67's on a reliable basis.

Second, for every MS-65 you send in for grading, you will LOSE money.

MS-65's comprise maybe 1 out of a couple hundred mint state dollars.

You will make a LITTLE money on every MS-66 you send in, as long as you are submitting on the cheapest rung available.

MS-66's comprise maybe 1 out of a couple of THOUSAND dollars.

The killing, of course is on the MS-67's.

Unfortunately, you are likely to have to examine 100's of thousands of dollars to find one, if you find any at all. Nearly all of the certified dollars in existance are someone's idea of what a MS-67 or MS-68 should look like, but nearly none of them are.

Maybe you will find an MS-68, 69, or 70?

It is literally possible that NO 68, 69, or 70's will ever be found or graded, out of the entire series of billions of pieces.

coins123

If the average person can't easily differnate between those grades, wouldn't this basically mean you are buying the plastic and not coin? I have a bunch of PCGS coins and I can see the difference in most of the MS graded coins, although I have some that appear very undergraded(I sent them in expecting high grades) Ive never sent in proofs but they all look the same gradewise at pr65 and above grades. It's the cameo contrast that I can see a difference and I buy coins with the deepest, whitest frosty cameo.


So howcome ms65's and ms66's are so cheap if they are uncommon? Who wants to go thru 200 or 2000 coins? You think prices will go up when people realise this? Has anyone here had experience grading presidential dollars and how many did you guys need to cherrypick thru?

Time will tell. Right now for some dates and presidents there's nothing above ms66 or ms67. The highest grades found are those satin finish coins.

hontonai

Sure wish I had a picture of a hammer hitting a nail squarely on the head to post here!

The only change I would make in that sentence would be to strike "easily differnate" and insert "differentiate at all".

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Ethical conduct is being honest when no one is watching.

rugrats2001

[quote=coins123;628138]That's right, it IS a game of buying the plastic. Without the plastic, and registry sets, ms 67's would bring very little more than ms 66's.

Because they are NO GOOD for registry sets, and nobody is trying to put together sets of slabbed presidential dollars in those grades. Most people collecting presidentials are of the "I'm not paying more than face for those things, I should be able to buy them from the bank" persuasion, and really can't tell the difference between an MS 61 and an MS 67, so why should they pay more than a couple of dollars for a slabbed MS 65? If anything, as time goes on, I think prices will drift lower as more of the billion + presidential dollars are cherrypicked and slabbed. Like I said before, every single MS 65 slabbed presidential dollar is in a slab because SOMEONE thought it had a shot as an MS 67 or better, so nobody is really searching ANY pres. coins for a 65 or 66 (at least, not to slab). On the other hand, never underestimate a roll-searcher's tolerance for looking through massive quantities of coins! you should check out some of the "post your best roll-searching finds" threads - some people literal search through thousands of coins EVERY DAY and will post things like AU red-brown 1973-D cents and F-VF 1957 Jefferson Nickels as their 'top finds'.

And, of course, those satin finish coins are NO GOOD for adding to registry sets of circulaing coins, so the roll search continues...

Treashunt

It just goes to show ya:


There are people with more money than sense.

It is simply a way of buying a PCGS collecting award.

Is it worth it?

Not in my view.

__________________
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"Buy The Book Before The Coin!"
http://www.whitmanbooks.com/Default....wUpcoming_1208

coins123

Bump for those to see my reply above and some still unanswered questions. Thanks again for your time.

tmoneyeagles

I wouldn't pay more than $3 for a presidential dollar. Presidential dollars are hard to come by down here, and I still don't have the Tylers yet, so I guess I gotta buy some on the bay, because I need a P and D for my folder.
And $10,000, I don't care what label it has, or what modern circulating coin it is... NO WAY.

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http://www.tmoneyeagles.webs.com/

coins123

rugrats2001, see my reply above to you. Also want to know if anyone else has experience with those coins?