Reverse proof Roosevelt dime most significant coin of century.

Discussion in 'Coin Chat' started by bkozak33, May 4, 2015.

  1. statequarterguy

    statequarterguy Love Pucks

    And, many sell for much more. The price of these will change through eternity, as collector interest changes for the better or worse.
     
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  3. Dancing Fire

    Dancing Fire Junior Member

    when it is all said and done my guess is about 20K sets of PR70
     
  4. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Wrong! These started around $800 almost from Day 1, according to the then-standard price guides. I sold mine for $3800 in 2005, after having parcelled out the gold around $750 in the late 90's. Covina had run a weekly buy ad for them in NumiNews for years and years.
     
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  5. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    By the way, thanks guys. I just passed 250 likes, before getting to 700 posts. We now return you to your regularly scheduled self-delusion.
     
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  6. Paul M.

    Paul M. Well-Known Member

    This doesn't seem to make sense to me, unless there are cases where grade X + CAC sells for more than grade X+1. I don't know of any such case. Are these people collecting stickers and plastic or coins?
     
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  7. Dancing Fire

    Dancing Fire Junior Member

    By the time I receive mine in Aug it'll be below issue price on Ebay..:(
     
    Last edited: May 24, 2015
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Umm, yeah, I could swear I just read someone disparage plastic, but praise stickers. Huh? What is up wit dat?!?!? I own maybe 150 slabbed coins, and not one has a CAC or any other kind of sticker, and as long as I own them, none ever will. Throwing even dumber money after originally dumb money.
     
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  9. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    So then you weren't huddled over a computer at 12:01PM EDT on the first day? What is wrong with you? Do you, like, have a life or sumpin?
     
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  10. statequarterguy

    statequarterguy Love Pucks

    Wrong? Wrong? I don't think so - ok, make me do the work. Here's a quote and link at PCGS:
    When the U.S. Mint first sold the 10th Anniversary Set, many Silver Eagle collectors purchased the set and sold the gold coins close to their intrinsic values. Therefore, the 1995-W Silver Eagle automatically created its own market in the $200 range right from its inception, even though it was offered for free by the U.S. Mint to these purchasing a Gold Eagle Proof Set.
    http://www.pcgs.com/News/1995-w-Silver-Eagle

    This is too good to be true and so on point for this thread. Here's another quote and link to a PCGS article about the 1995-w ASE:
    There are great opportunities when purchasing modern issues offered by the U.S. Mint if you do your homework and pick the right coins. The 1995-W Proof Silver Eagle is just one out of dozens of different modern coins that has been a big winner so far, and more than likely, there are still many more winners to come from the U.S. Mint.
    http://www.pcgs.com/News/the-1995w-proof-silver-eagle
     
  11. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    To say that a coin "created its own market in the $200 range" is a far cry from saying any ever traded at that level. Why would anyone do that? Yes, the $200 figure was a good rough "cost" for those who had the set and immediately stripped out the gold. Trust me, NO ONE ever sold one for anything close to $200. Why would they just break even?

    I don't care if Willis and Hall came to me personally and told me that crap to my face. I'd call them a liar to their face.
     
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  12. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    Stickers are plastic Kurt! At least I think they are... maybe it is a new hybrid material... someone fill me in if I am incorrect.
     
  13. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    St. Gaudens Double Eagles in MS65, and while I haven't checked in the last few weeks, for several months a CAC MS65 was selling at the same or higher price than a generic non CAC MS66. The idea is that CAC is tougher and that they might actually be equivalent. In some cases, it may be fair and others not. I am one who advocates for pricing based on the quality of the COIN, but the reality is that stickers have a huge effect in the market if that is any indication of the current market.
     
  14. Dancing Fire

    Dancing Fire Junior Member

    I don't know..:( I must go see a psychiatrist b/c this is the first time I have ever ordered any modern day garbage coins.
     
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  15. Endeavor

    Endeavor Well-Known Member

    How does someone intentionally downgrade a coin???
     
  16. statequarterguy

    statequarterguy Love Pucks

    LOL, Really? I saw ads for them for a hundred and something dollars.

    What do you think of that second link about the great opportunities with moderns? That should make some heads explode.
     
  17. Paul M.

    Paul M. Well-Known Member

    Send it back in until it comes back at a lower grade? Your guess is as good as mine.
     
  18. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Trust me, if you did, you were reading an idiot's ad. Buuuut, I DID hear of a guy who quietly bought two of the 1995-W ASE's at a local show just last year for "regular" 1995 proof money. Idiocy on the part of a seller doesn't count. I've bought coins at 5 cents on the legitimate dollar at auction occasionally too. It doesn't define the value.

    Also, you obviously haven't been keeping track (why would you?) of my opinion of PCGS, and lest you misunderstand, I mean specifically PCGS. Links to their site do not come with persuasiveness in my eyes.

    Keep in mind, the 1995-W was just the second "gimmick" coin, after the 1994 matte nickel. Not everyone had their "game on" yet, but those who did KNEW what umm, WE had. By the way, who was the first person to notice the 1994 matte nickel's special production status as evidenced by a letter published in Numismatic News? That would be yours truly.
     
    Last edited: May 24, 2015
  19. statequarterguy

    statequarterguy Love Pucks

    Nah, that was the going price initially. Someone mentioned in the other thread that it didn't take off until PCGS added it to its registry set.
     
  20. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    When you know that a coin is maxed out and/or overgraded and you resubmit it to the TPG under the guarantee or crack it out and send it to another service. For instance, Legend has downgraded coins in PCGS holders to get them into the correct grade with a CAC sticker and the items are sometimes more liquid. Many people are also willing to cross a NGC coin to PCGS and go down a point, because for some series at the very tip top, the PCGS coin is equal in price or higher than the NGC coin below. Look at the cameo proof coinage of late 1800s and early 1900s. Liberty Head Nickels come to mind as an example. When I bought my NGC PF67 CAMEO 1905 Nickel, the PCGS PF66 CAMEOS were going for the same price as the NGC PF67 CAMEOs.
     
    Paul M. likes this.
  21. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    I don't care who said it. It's male bovine feces.
     
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