I guess everyone on here tends to be on the other forums...but either way, in an effort to expand my knowledge of collecting numismatics and understanding how things work... So i saw on Apmex what seemed like a very nice pcgs MS67 PL 2009 Ultra High. It was there, for what seemed like one minute for $2790.....and gone the next. Apparently snatched up quickly. I also saw a MS67 PL pcgs on ebay for some absurd price that you all here were nice enough to break down. I've been looking but this thing was there and gone. I guess it was a good deal. Was it? I wouldn't think a 67 would be that hot of an item? I suppose the fact it's PL and pcgs is already putting it ahead of a lot. I've Been reading about these things for a long time. Apparently PL is the way to go on these. I think this coin is one where you should most definitely be buying the coin, not the holder. This is what i'm always told but this thing looked awesome and before i knew it, it was gone. I'm assuming apmex can take decent pics. I think whoever snagged this is probably going to end up ahead of the game considering the going rate of all these things. It's still a lot of money for a coin. I was always told buy the best you can for what you have. A 67 for a UHR doesn't seem really desirable but i'm still trying to figure these things out as they are ALL OVER the place on cost. I wonder if one was to break it out of it's 67 confines send it to NGC how it would fair? Apparently pcgs didn't do PL immediately as NGC did. Some like them slabbed some like them raw. I really want to have one but the cost is way high and it's a hard justify. what say ye?
I bought one when it first came out for $1195 and one just moments before it went off sale for $1495. My recommendation is to save up and jump all over the UHR Palladium coins when they come out.
What I say is wait until you can see one of these in person and judge for yourself if you like it well enough to justify the cost.
Well...I believe that an issue's numismatic value is a function of "collector base" vs. "availability". Availability is an interesting combination of mintage and distribution. Overall... Value = Collector Base / Availability Apparently, that relationship has become skewed to such a degree as to push prices to the insane level as you have noted in a couple of threads. Knowing that there is a high degree of collector interest in the UHR design...combined with the desire of collectors to own other PMs (such as Palladium) and the insanely popular Winged Liberty design...I gotta think the UHR Palladium coin is going to be rationed and highly sought after. Are you asking if anyone should pay $2800 for and ounce of PF67 coinage? I wouldn't...but I got mine. Knowing that someone would makes me look forward to the UHR Palladium coins. That's the best I can address your statement (I really don't see a question).
Sorry for the vagueness, i guess that's what i am asking, the question. "Is a MS67PL Pcgs a good deal at that price?" It didn't hang around very long on Apmex, it got what i would consider "swooped on". I would think the mindset would be to resubmit to NGC since it's PL. I almost guess i would, or at least put it back in the OGH. Given i've been looking around (and i have held one personally GDJMSP, as alluded to earlier, good advice, smaller than i thought but much thicker, very striking, very and it was not PL) and seeing prices everywhere. It almost seems someone would pay more for a 67 proof like, b/c it's a guaranteed PL, which seems to really get it done, vs a normal strike. Yakpoo, thanks for the info, somewhat cryptic to my new eyes, but i greatly appreciate it. I do. I thank all of you for the info provided. I'm sure it not only helps me but many lurkers as well. Keeping the idea of what we like alive!
OK, it got "swooped on". But that doesn't mean that whoever did the swooping was very smart by doing so. Yeah that's pretty much the same logic the buyers of them use. But, is the logic valid ? THAT is the real question is it not ? Based on past experience, I would have to say no, it is not valid. And I would never in a million years pay a premium for such a coin. It seems like you are going to keep asking the question until you get the answer you want to hear. In other words you are looking for confirmation that it would be a good move for you to buy one of these coins. Well, undoubtedly there are others out there who think it would be. But, there are others who think it would not be. Sorry, but that's just the way it is. You're never going to get a consensus because the camps are split. So in the end you just have to make up your mind and take your chances on which camp will be proven right.
I want to hear all answers. Either way UHR = done. got the best deal going...i feel all things considered. This is not that ms 67 nonsense.
I read in Coin World that the company that was supposed to do the study had some former dealings with the Palladium industry to they are re-competing the contract. In other words...no one knows for sure.
