Message:

<p>[QUOTE=&quot;illini420, post: 1248090, member: 19423&quot;]I was at a local coin auction a few years ago and one of the lots was a 2007 Jefferson Presidential Dollar graded PCGS MS67 w/ Missing Edge Lettering.&nbsp; I was instantly excited about the lot since I knew the Washington and Adams MEL coins were pretty popular at the time and the Jefferson examples were very hard to come by... especially in an MS67 grade.&nbsp; I looked up the PCGS Price Guide on the coin and at the time it was $5000!!&nbsp; I was definitely prepared to spend at least $2500 to get it.&nbsp; </p><p><br /></p><p>When bidding opened up, the auctioneer&#039;s assistant read off the high mail bid on the coin of $70.&nbsp; I quickly raised by bid card and bid $75 (+10% buyer&#039;s premium) and to my shock no one else in the room was interested!!!!!&nbsp; I ended up selling the coin online to another collector for a little over $2000 less than 48 hours later <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>==============</p><p><br /></p><p>Another story wasn&#039;t quite as profitable, but got me a few really neat coins.&nbsp; At one of the Long Beach shows a couple years ago, I noticed a dealer had lots of newly slabbed PCGS 1909 VDB Lincoln Cents in grades of MS63RB and up.&nbsp; I asked to see several of them and was interested in buying a few.&nbsp; I asked about why they had so many and it turned out the dealer had a few original rolls of them in his vault for 25+ years and finally decided to get them certified.&nbsp; I was told the rolls originally cost the dealer less than $500 each back when they were acquired.&nbsp; Appreciating my interest in the 1909 VDB cents, the dealer pulled out a few additional boxes of freshly graded 1909 VDB cents that were behind his table and then showed me some of the best coins of the bunch that he submitted.&nbsp; There were several high grade coins including a few MS67RD examples, but the two that caught my eye the most were two examples graded MS67RB!&nbsp; I had been watching the population reports of the 1909 VDB and a few months before this show I noticed the population of the 67RB went from 1/0 up to 3/0.&nbsp; Me and a few other collectors thought that had to be a mistake, but seeing the freshly graded two 67RBs at the show proved us wrong!&nbsp; I quickly grabbed them up along with the best toned MS66RB 1909 VDB I have ever seen and I strong believe I got them all at bargain prices.&nbsp; Just really cool to also know that the three coins came from the same group of original rolls.&nbsp; Wish I could find some original 1909 VDB rolls today!!!&nbsp; PCGS recently imaged each of these three coins for PCGS CoinFacts:</p><p><br /></p><p>PCGS MS67RB</p><p><img src="http://i294.photobucket.com/albums/mm111/illini420/6594.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>PCGS MS67RB</p><p><img src="http://i294.photobucket.com/albums/mm111/illini420/6595.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>PCGS MS66RB</p><p><img src="http://i294.photobucket.com/albums/mm111/illini420/6596.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in