That question has been asked by me and many others too. Heard everything from it's too new to the TPG doesn't know how many are out there or how many could have been minted and how and why it happened. Nobody is saying anything about this variety 1988, 1988-D with 1989 reverse. I'll say one thing and that's if there are less than 500 of them reported in a year after they are listed there will be a hefty price tag on them from collectors desiring to add one to there collection, IMHO.
Since no sales have been recorded, the price will be listed as "n/a". As for a 5 figure price? Those figures are what dreams are made of. The first one up "might" see very low 4 figure bids (as in $1,000) but no where near 5 figures. As with anything, the MS coins will greatly outprice the AU and lower coins. As with any modern coin, especially Lincolns, its more a game of attrition since each die pair could produce more than a million examples. BTW, I have a Washington DDO Quarter which is CPG listed as Extremely Rare, yet it reflects an MS66 price of only $500.
PCGS will only attribute varieties that appear in the body of the CherryPickers Guide. It has absolutely nothing to do with variety importance or popularity but has everything to do with being documented in the CPG. Kinda bad IMO. But then, there are literally thousands of die variety coins out there.
Sell it on ebay for the low low price of $172,843,000.63, plus tax. Be cheap about it and charge them 3 dollars for shipping.
Just playing a bit of devil's advocate here, but how rare can it really be if three separate people posted pictures of theirs here in this thread of < 30 replies? Just wondering.
Thanks for your opinion. I have no idea what it is or maybe worth. As long as it is worth more than the attribution fee and then later the slab , I'm a winner! Actually just the fact of finding this coin is what is exciting, regardless of the value because for the most part , it is all about the hunt anyway.
I have no doubts that the coin will pay the submission and attribution fee ($14 Modern Grading Fee + $24 Variety Attribution Fee + $8 Handling Fee + $21.95 Shipping) when PCGS finally attributes this coin. ANACS is cheaper and will do it right now. But, I seriously doubt that it would go for 5 figures. Unless of course there's there's a decimal point in that string. I've seen some really RARE coins that won't even begin to approach 5 figures. Of course, I'm also very jealous over your find as it's definitely a winner since a lot of folks are looking for these. BTW, you might consider sending it to CONECA for attribution. They'll definietly write an article on the coin for, at the very minimum, their web page. Who knows, maybe you can get Coin World to author an article about the coin. All you gotta do is email them and provide them with a little background information on the variety. One of the fine folks here may even help assist you in writing it. Contact either CONECA at www.conecaonline.org or email John Wexler from his site at: http://www.doubleddie.com/1801.html
I was reading that the 88 D are even harder to find than the Philly ones. I wonder what they will be worth when they are finally recognized as an error?
Not only rarer, but damn scarce ! I tried to research the numbers a year ago. I went through every forum and contacted everyone who knew of someone with one. I could only find 11 coins. 4 of which had been certified by ANACS and the MS64 certified by ICG. The next edition of the CPG will feature it and at that point, PCGS and NGT are supposed to start certifying them also. I could find only one that the owner said he would sell. He said is was worth 10k to him and it was a raw specimen. He stated it would grade at AU58+ ? Currently, I could find only 3 people who had certified coins. One collector has 4, I have 1 and the MS64 is featured on the LCR. I believe that coin could at some point be valued at around 35k, perhaps more. That being from conversations with dealers who have sold rare cents at auctions, etc. I think the AU58+ coins, pop 3 ANACS are worth 3-5k right now, providing you could find someone willing to sell one for that. I am not. And the collector with the others is an individual who has no need to part with any of his collection. Unless you find one yourself, be prepared to pick one up from somebody's estate sale. Of course, people will say what they THINK our coin is worth. But unless you have one to sell, it's ridiculous to speculate on what you think others should part with theirs for. lol I mean, if none are for sale, they are worth zero, right ? In short, until a buyer meets an agreement with a willing seller, no value can be established. 18 months or so a specimen was sold on eBay for $485. However, the coin was returned and the sale negated. The coin was graded by PCGS and the variety not specified. I cannot say what became of that specimen, but it hasn;t resurfaced for sale to my knowledge. Just saying that at some point a real value will be established.............maybe ? We'll just have to wait and see. gary