2010 cent bring heavy money on Ebay

I don't think that Satin Finish coins count unless you get up into the MS69 grades. Even then the NGC slabs would bring less than the PCGS slabs.

One thing with PCGS is that when their slabs start bringing big money, they really tighten the grading strings.

 

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That guy's from my neighborhood, but I don't know him.

 

point is you can get em really low.

 

Wow , a fool and his money aye

 

Huh?...

I'm pretty sure this belongs in the roll searching thread...

 

It appears to be promoted by the shysters. Look what happened to higher grade common Morgans in the 1980's - sold to the unknowing by basement based telemarketers - eventually the market collapsed. The same is happening today with the aid of the TPG'ers and their "registry sets" and lax grading standards. They've created a market where none existed, a market for high grade common coins. Most old timers don't believe this market will last, as the underlying most important factor is missing, that of low mintage, which causes a coin to be valuable regardless of grade. Now, a higher grade coin will always command some premium, but that premium, before all the hype and promotion, was always minimal for a high mintage coin. If history repeats, the first signs of the collapse will be tightening grading standards. Overnight your ms70’s will be 69’s or 68’s and worth only a fraction of what you paid. Then the snowball effect takes over, burnt “collectors” exit the market in mass, causing further declines in value.

 

That is crazy!! Who bids $367 on a common coin?!?! By the end of this year, there will be hundreds of thousands of these coins in this grade!!!!

 

Props to the seller though, he knows what he is doing.

 

I want to know where he gets his cents from...here's another listing thats up to $200 now

http://cgi.ebay.com/2010-D-1c-PCGS-...ps=63&clkid=6444921295815567266#ht_708wt_1137

 

yeah,like face value.

 

but whom will they sell it to? there won't be any buyers around for these "RARE" MS68-70 coins. don't forget this is a one way street...the seller don't wanna see these coins again.

 

Exactly, the price should plummet, as there will be no (few) buyers.

 

Registry fever that's all

 

I see the blame for all of this nonsense being laid squarely at the feet of the TPG'ers. First, they stated they would NEVER grade coins past 1964, but were busy making false rarities of coins minted in the mid 1900's. Then when that was fulfilled, they started grading modern coins but would NEVER grade a coin MS70. Then when that false scarcity was fulfilled they started grading modern coins MS70 to try to drive further submissions. Now its "registry sets" just like playing a video game, and slabbing coins from countries, (not using accepted grade scales btw) where local collectors do not want them.

Never ending game trying to make a buck. Meanwhile, they twist, distort our hobby and get tens of thousands of people burned so bad they leave numismatics forever. I know I am down on TPG'ers, but is any of that wrong?

 

My 2 cents

Coinvault & TV is 2 of then worst places to get coin info:devil:

 

I wonder how many coins this seller turned in for grading. He's probably a large submitter of coins and bets he can recoup his money plus make a profit. What's the grading fee for 50 modern coins? $10 each would equal $500. How much does he expect these coins to be worth. To me, it seems to be a big gamble to take.

Bruce

 

not to get argumentative but it is appears to be pretty uncommon thing to get that coin in that condition.

 

Wow I couldn't swallow buying a coin like that......Nor paying for it to be slabbed!

and it still has those ugly spots on it...above liberty... it sure is crazy to me

 

Some people have more dollars than cents.

 

All I can say is WOW