Listen everyone I'm not a big time coin collector, but I have bought a bunch of Washington Smoothies and I can assure you and being from the Michigan area that these Adams Smoothies are going to be extremely rare. You will probably see a total population of only 5% of what there were in Washington Smoothies. $500 on ebay might seem expensive, but in a few months I can very well see these at $2000 or more. When you find these you usually find 2 per roll, but when you find them in a case of 40 rolls you might only have 3 or 4 more rolls that have them and from what I heard with the Washington Smoothies if one roll in a case had smoothies all of them would and furthermore there would be like 7 or 8 per roll. It took about 2 months for NGC to get the total graded washington smoothies up to 29,000 and I bet in two months NGC will have graded less than 1500 of these.
If you aren't a big time collector than how would you know and how can you assure us that these will "extremely rare?" Much less than the price performance. Sounds like your trying to pump these up for Ebay lsitings. Go back to the penny stocks.
When I see the coin tv show entertainers selling the Adams smoothie for about the same as the washington smoothie, I have to doubt how rare they are. Think I will pass and stick to football and horse racing for my gambling kicks. If you lie 'em, go for 'em. Not a thing wrong with that.
This whole error thing - dead prez, VAMs, 20,000+ lincoln errors and counting. It's all a sign of an overheated market where everyone is trying to find some angle to make a buck. When this market tumbles, it's this area that will drop the fastest, the quickest and the hardest. The first thing to get sold will be all the electron microscopes used to find the "errors" in the first place.
Coinsearcher: First, welcome. Second, I don't think that he (or she) was promoting the coins. Just giving an honest opinion. From his comments, it would appear that there was some honest research there, and (obviously) the poster was not guaranteeing the values in the future, just giving an opinion. I, for one, don't think that I'll be buying these errors, but, then again, in six months, I may be sorry. As I was sorry about the 'extra leaf' quarters, that are now ten times what I could have gotten them for in the beginning.
Has anybody even heard of a confirmed authenticated smooth edge adams dollar yet? the only ones I have seen are on ebay and one of the low-budget tv coin peddlers show. Numismatic news has talked about the double lettered coins but not the smooth ones.
Thanks for the advice ..now here is a Washington Quarter in MS65 grade ...call someone who cares. It's sound you are the pitch man for "grindingAdamSmothiesInMyBasement.com" Personally, I never listen to someone who starts sentence with the word "listen." Have a nice day.
:thumb: Put them on eBay! Described as: New Discovery! Searched through an estate lot and found these! Possibly the only ones that the seller has ever seen. Scarce, none ever sold before (as described) on eBay! Future increase in value? When the collecting public finds out about these, who knows. Holding 6 for myself for the future to put son (or daughter) through college. Buy it now only $150. Postage & handling $25 (I cost a lot to handle these). Packaged in a slab, or a flip. Untouched by human hands (we use monkeys). Only 100,000,000 available.
I have sold some and sent them direct to ANACS for the person that purchased them. See Coinworld June 25, 2007 Front Page. He has since purchased more and they too are on the way to ANACS. There are also some slabbed by ICG, PCGS and NGC.
According to Coin World, there are five known to be authenticated. Edit: oops, didnt see there was a second page.
I'd fell a little better knowing some are uathenticated, but I don't think I would buy one raw. I might if I could see it in hand, but not on ebay.
Anyone else think that as each new President coin comes out and smooth edge coins keep being found these coins will lose their appeal.