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<p>[QUOTE="jcuve, post: 696696, member: 13945"] <span style="color: Black">I don't spend much time on CT (maybe I should), nevertheless I noticed this thread and your find from over the summer. A big congrats on the amazing find and also on the PCGS verification! Your discovery in way legitimizes the variety and gives hope to those (such as myself) that there might be a few more to find.</span><span style="color: Black"></span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black">It is none of my business what you do with your find. If you did sell I couldn’t possibly afford it, so that isn’t an issue. But from the standpoint of someone who used to work at an auction house (not with coins, but a department that sold about $10 mill in photographs a year) I have a few thoughts I wanted to share.</span><span style="color: Black"></span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black">If this was my coin, and I felt selling it outweighed keeping it, I would sell it sooner than later. I say that as there is free publicity about this find; there’s buzz about it all over the place; and the variety hasn’t been sold before. (All that changes if another ‘92P CAM appears and is sold before this example.) Based on ‘92D CAM sales there isn’t any reason to not assume it wouldn’t sell at a comparable rate, though I would suspect higher. If expectations are realistic I would be confident they would be met. This should sell for no less than 1.5K, probably more like 4K if not more (maybe 8K)...at auction it's possible. There are a number of collectors who have obtained all of the WAMs and CAMs who may be missing only the ‘92P CAM.</span><span style="color: Black"></span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black">A sort of reverse perspective tells me that if one were to wait, and no other ‘92P CAMs are found (or nothing comparable in terms of condition) one might make more selling it later when the economy is higher and even more collectors are pining for it. Along those lines, if one waited ten years, only two were found and there was a solid investment price in all the CAMs and WAMs, it too could be worth more. Conversely, if someone finds one that is in better condition and sells it, any potential future sale of this coin will be viewed in context of that (or any other) sales. If say a MS-64 RD came up and sold for 4K that may impact the level a MS-62 could go and all that buzz around is basically gone.</span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black"></span><span style="color: Black">Lastly, I think I understand Heritage’s issues with reserves and estimates. There is no sales history of this specific variety and a spotty one on the ‘92D CAM with great (albeit up and down) sales. I don’t see strong investment interest because in the long run it could be a big gamble with no return. Nevertheless, a successful auction only needs <u>two</u> realistic bidders and anything is possible.</span><span style="color: Black"></span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black">Whatever you do good luck and again congrats on a great find! </span> <span style="color: Black"></span></p><p><span style="color: Black"><br /></span></p><p><span style="color: Black">Jason</span></p><p><span style="color: Black"></span>[/QUOTE]</p><p><br /></p>
[QUOTE="jcuve, post: 696696, member: 13945"][COLOR=Black][/COLOR] [COLOR=Black]I don't spend much time on CT (maybe I should), nevertheless I noticed this thread and your find from over the summer. A big congrats on the amazing find and also on the PCGS verification! Your discovery in way legitimizes the variety and gives hope to those (such as myself) that there might be a few more to find.[/COLOR][COLOR=Black] It is none of my business what you do with your find. If you did sell I couldn’t possibly afford it, so that isn’t an issue. But from the standpoint of someone who used to work at an auction house (not with coins, but a department that sold about $10 mill in photographs a year) I have a few thoughts I wanted to share.[/COLOR][COLOR=Black] If this was my coin, and I felt selling it outweighed keeping it, I would sell it sooner than later. I say that as there is free publicity about this find; there’s buzz about it all over the place; and the variety hasn’t been sold before. (All that changes if another ‘92P CAM appears and is sold before this example.) Based on ‘92D CAM sales there isn’t any reason to not assume it wouldn’t sell at a comparable rate, though I would suspect higher. If expectations are realistic I would be confident they would be met. This should sell for no less than 1.5K, probably more like 4K if not more (maybe 8K)...at auction it's possible. There are a number of collectors who have obtained all of the WAMs and CAMs who may be missing only the ‘92P CAM.[/COLOR][COLOR=Black] A sort of reverse perspective tells me that if one were to wait, and no other ‘92P CAMs are found (or nothing comparable in terms of condition) one might make more selling it later when the economy is higher and even more collectors are pining for it. Along those lines, if one waited ten years, only two were found and there was a solid investment price in all the CAMs and WAMs, it too could be worth more. Conversely, if someone finds one that is in better condition and sells it, any potential future sale of this coin will be viewed in context of that (or any other) sales. If say a MS-64 RD came up and sold for 4K that may impact the level a MS-62 could go and all that buzz around is basically gone. [/COLOR][COLOR=Black]Lastly, I think I understand Heritage’s issues with reserves and estimates. There is no sales history of this specific variety and a spotty one on the ‘92D CAM with great (albeit up and down) sales. I don’t see strong investment interest because in the long run it could be a big gamble with no return. Nevertheless, a successful auction only needs [U]two[/U] realistic bidders and anything is possible.[/COLOR][COLOR=Black] Whatever you do good luck and again congrats on a great find! [/COLOR] [COLOR=Black] Jason [/COLOR][/QUOTE]
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