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10-27-2009, 07:05 PM
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#1 (permalink)
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Join Date: Jul 2007 Location: United States of America
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You can find these raw for around $160 or so. Just the other day, I was bidding on one on ebay and put a bid of $151. The winning bid was $154. This was for the UNC one in the OGP and unopened in the original box that the mint shipped it in. I wouldn't pay more than $160 for either one. Graded....thats a different story....you will always end up paying more for the slab, especially if it a 70.
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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10-27-2009, 08:29 PM
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#2 (permalink)
| | Senior Member
Join Date: Mar 2006
Posts: 326
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I bought two silver proofs from the Mint at $ 33.00 each + Shipping. Have not slabbed them yet, but they were probably first strikes.
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10-27-2009, 09:51 PM
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#3 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,448
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Even when those coins were released not everybody could get one. They were the first modern commems, that I am aware of, that were a sell out. It took 2 days.
| But they were also one of the first modern commemoratives to have a low total mintage of 500,000 applied to them. Several of the other earlier modern commem would have also had sellouts if their mintage limits had been that low.
And it was the 50,000 set coin and currency set that had the super fast sell out, (5 days, not 2) the whole issue mintage took 21 days to sell out the full 500,000.
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Slab collector and researcher
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132 companies 332 production varieties
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10-27-2009, 10:06 PM
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#4 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,386
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Originally Posted by Conder101 But they were also one of the first modern commemoratives to have a low total mintage of 500,000 applied to them. Several of the other earlier modern commem would have also had sellouts if their mintage limits had been that low. | THis is very, very true and great observation Conder. I would never have thought about that until you mentioned it. I went back and looked at some of the mintages for the early commems and numbers like 2.2 million and 4.9 million for the Washington unc and proof make me cringe. In fact, most of the first 5 years of the commem series saw mintages of 750k or higher. No wonder why the mint got so darn greedy. As my dad would say>>>"Those days are gone kido!"
__________________ "These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph." Thomas Paine, Intro to the The Crisis, December 19, 1776 |
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10-29-2009, 04:06 PM
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#5 (permalink)
| | Senior Member
Join Date: Dec 2004 Location: Tahoe Vista, CA
Posts: 163
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Does anyone know if these are the ONLY coins that have the "INCUSED" date on them. Quite a lot was made at the time, about the engraver using this type of dating??
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10-30-2009, 08:04 AM
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#6 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,515
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Originally Posted by Robert 29 Does anyone know if these are the ONLY coins that have the "INCUSED" date on them. Quite a lot was made at the time, about the engraver using this type of dating?? | Yes they are, the mint mark was incuse as well.
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10-31-2009, 12:46 PM
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#7 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,448
| Quote: |
Does anyone know if these are the ONLY coins that have the "INCUSED" date on them.
| No, the 1984 olympic dollar also has an incused date and the 1492 on the 1992 Columbus dollar is incuse
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Slab collector and researcher
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132 companies 332 production varieties
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10-31-2009, 01:29 PM
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#8 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,515
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I stand corrected. Must be they are the only ones with the incuse mint mark then. I know they were a first for one of them.
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10-31-2009, 01:53 PM
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#9 (permalink)
| | Numismatist
Join Date: Sep 2002
Posts: 4,448
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I'll give you first coin with an incused mintmark, but all the president dollars and the native american dollars have incused mintmarks too. Incused dates too.
__________________
Slab collector and researcher
reported as of 12/29/06
132 companies 332 production varieties
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11-01-2009, 07:14 AM
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#10 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,515
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Shows you how much attention I pay to them.
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11-01-2009, 07:08 PM
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#11 (permalink)
| | Indian Buffalo Gatherer
Join Date: Feb 2009 Location: San Antonio
Posts: 6,329
My Mood: |
I bought one a while back... 2001-D NGC MS69 Silver Buffalo.
I was put in a situation to where I had to sell it, and I did. (I lost money on it, as I bought HIGH and sold LOW)
I hope to get a set of MS and PF very soon, after I cross off PF64-65 Indian Cent and get some MS65/66 Morgans off of my wish list...(Well it is more of a "To-Do" List!) |
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11-01-2009, 10:13 PM
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#12 (permalink)
| | ANA# R3129541
Join Date: Sep 2007 Location: Long Island, New York
Posts: 5,909
My Mood: |
Wait around long enough and the price on these will come down even more.....demand drives the premium. 500,000 is a lot o' coins. It is by no means a rare issue.
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They also serve who only stand and wait....John Milton
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11-06-2009, 07:23 PM
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#13 (permalink)
| | Senior Member
Join Date: Dec 2004 Location: Tahoe Vista, CA
Posts: 163
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There was much screaming and gnashing of teeth in the congress, to allow legislation for another 500,000 coins!! The rationale for it was that more money could be raised for the Indian Bureau or whatever!! It never made it or these sets of coins would be even less rarer than ever!! (Custer was writhing in his grave already!!)
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11-06-2009, 07:25 PM
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#14 (permalink)
| | Senior Member
Join Date: Dec 2004 Location: Tahoe Vista, CA
Posts: 163
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If you check out the "Birthplace" #1 Lincoln penny, it has E Pluribus Unum and 1809 incused on the reverse under the Log Cabin!
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