1915A MARK value - NGC top pop

Just got this lil' coin back from NGC. MS68

NGC doesn't show a value for this on their price guide, nor can I find a historical sale as this is a 1 of 1 top pop coin from what I can see on the world coin census.

Any ideas regarding how to value it ?

 

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Heya bahabully. I also collect 1 marks. I was also trying to find values for graded ones. As you know...there aren't any. The best thing to do is search heritage auctions and see what they went for. Obviously you won't find another 68 if it is top pop of 1.

On that note, That is an absolute stunner. I am loving it. I couldn't even guess a value. I have seen 1/2 and 1 marks in ms67 ... from 1914 and 1915 go from anywhere between $90 and $200. It's all about who sees the auction that day. Yours is a prime piece worth much much more.

I'll throw a couple up so you can see how much nicer yours is!

 

13 Million were minted 1915-A, it was the highest mintage per mint mark/ year of the entire series. I would say not much more than a hundred dollars.

 

Oh man, i completely disagree. 13 Million minted, and only one is graded in 68.

 

Can't help with price but I can help with loving it

 

How many of the 13 Million are sitting around in MS state that nobody is bothering to submit because the demand doesn't justify waisting ones time towards submitting?

 

Interesting logic. Ok, I'll take any Morgan dollar with a mintage over 13 million in MS68 for $100. Since 67's get $4k, that's seems like a good deal.

How about an Ike with a mintage of 33 million. A ms67 is over 12 grand.

 

Everything you are comparing is U.S. Values, nothing to do with the world coin market pal, 1915-A PCGS MS67 went for only $79

 

Ok champ. We can agree to disagree. There are a lot of them graded at 67. But I guess I misunderstood what top pop means. :thumb:
I'll take it for $100!

 

As I have already previously stated, The series on a whole does not have enough demand for the majority of people holding these in MS to even bother sending them in.. No body is trying to get Top Pops in this series, so yes, he is the victor in a marathon of one man running... mwahaha... :thumb: and I guess that makes you the singular fan in the bleachers.

Seeing as you would pay a hundred for it and I wouldn't pay a dollar over thirty, it currently is worth $65 on average...

 

Trying to guage who to listen to here.
Gbroke appears to have some experience in the MARK market as he at least has posted a few of his own so I give him some credit in knowing the market.
DCTJR80, so you also collect or deal in this world denomination ? Do you have any either raw or slabbed close to this grade which you could post and let us know what you gave for them.? If they are out there for $30 per in this grade, or close, I may consider putting together a set... I like the design.
good stuff, thanks for the feedback.
btw, this gal is going into the SDB.. I'm not sure I buy the notion that there are thousands or even hundreds of these in 68 sitting around in bags, but then again I'm green in the world coin market.

 

It only takes two serious collectors with thick pocket books to boost this pop 1 coin up into the thousands at auction. It all depends on the venue and the day. So, despite your negative nancy attitude, I have to side with gbroke...and hope that there's a 2nd fan in those bleachers.

I dare you to find another MS68 "just lying around".

 

PS -- Bahabully, I'd fathom you have one of the nicest, if not THE nicest example in existence. Put it in the SDB, and bring it out often to admire. It's a beauty! :thumb:

 

This thread is getting interesting.
My personal experience leads me to side with dctjr80 on the value part. Top pop sounds great, but this is one of those coins that is relatively easy to find in high mint states. European collectors generally don't go for that whole "top pop" sensationalism. They just look at the coin. And to most of the advanced ones, it's nothing they haven't seen before.
I think $100 is a fair retail price to a specialized collector.

 

FWIW, the german coin magazines value this coin in Stempelglanz (brilliant mint state) at 10 Euros. It is a very common coin in a common series, and there is no demand (in Germany at least) for the common dates in this series which ran from 1873-1916.
In general, only the scarce dates or mint marks in better condition in the Reichsmark series attract bidder attention and better prices.

Having said that it is a nice coin and it has value.

The situation in the U.S may be different regarding how to value it.

 

At auction it could go for sky money or it could completely flop. That's the interesting thing....it all depends on whether there are 2 (or more) people who want it badly enough.

Just out of curiosity, where might these bags of uncirculated (MS68+) almost 100 year old pre-WW1 and pre-WW2 German silver coins be stashed? Enlighten me?

 

Not sure what BU has to with MS68, but thank you for the information. I really like all the designs for the German Empire coins.

 

It seems like many were brought home by soldiers after WWI. These coins were stashed away and not circulated. This is why mint state examples are fairly common in the US.
I know $100 seems low for an MS68 coin that old, but it's a completely different world when dealing with high mintage world coins versus US coins.
Sure, any coin can go completely bonkers at auction. But that is the exception rather than the rule. You can probably ask a much higher price and find a buyer, but that will take a very very long time. If you're looking for a short term sale, $100 is a fair price for someone that specializes in this series.

 

But isn't the whole point, that not many have ever seen one this nice? I have seen a lot of Marks, but nothing this nice.

I guess it's all a mute point since the only way to truly know the answer is throw it up for auction. Either way, this one really stands out.

 

Stempelglanz is the german term for a coin which never circulated, showing full mint bloom (Glanz) and no visible defects. It is as good as it gets when it comes to german coinage.