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<p>[QUOTE="NorthKorea, post: 2496808, member: 29643"]I really do wish you'd stop making direct comparisons to the rare dates in the series after starting the discussion with 77Ps. In any event, why would you offer 50% over bid to start? Logically, you'd start out under the bid or at bid, which would likely get you about 500-1000 coins. Then you'd offer slightly above bid, but well below the ask. This would probably get you an additional 2500 coins. You'd then be 35% done and could start buying open on the ask. This would likely net you another 5000 coins, which leaves you needing 1500 coins. At this point, you can be patient and likely fill the order over time or offer twice ask and fill the order with people thinking you made a mistake. Yes, you're right that it's unlikely a single dealer will have thousands of these to pull from, but individual coin shops that have the sets in their $3-$6 bins (yes, I've seen them at shops for below face) would be more than happy to sell for $12. I see no scenario under which you'd be paying $40 for Mint Sets to get BU coins.</p><p><br /></p><p>1976P Type 1 total mintage 4 million</p><p>1973P total mintage 2 million</p><p>1977P total mintage 12 million</p><p>1976P Type 2 total mintage 113 million</p><p><br /></p><p>There are 2600 MS 64/65 1973P in the PCGS population. I'd say about 33% of that must have been cracked, so let's say 1700 PCGS. NGC shows 950 in their census, apply the same 33% and we get 600 NGC. So, 2300 already in holders for 64/65. I highly doubt that the 2300 represents even 10 percent of the MS 63 and better coins, so there's at least 25,000 examples out there. Since you want 10,000 of them, I can't imagine moving the market *that* much, since most uncirculated coins in private collections would be MS 63/64, which would meet our requirements, but not be worthwhile to submit. Remember, the presence of MS 66 examples killed the MS 65 prices. I'm sure that if someone got a few MS 67 examples onto the PCGS population, that would result in a *lot* of MS 66 becoming available at 20% (for the best) - 70% (for the average) below current pricing.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2496808, member: 29643"]I really do wish you'd stop making direct comparisons to the rare dates in the series after starting the discussion with 77Ps. In any event, why would you offer 50% over bid to start? Logically, you'd start out under the bid or at bid, which would likely get you about 500-1000 coins. Then you'd offer slightly above bid, but well below the ask. This would probably get you an additional 2500 coins. You'd then be 35% done and could start buying open on the ask. This would likely net you another 5000 coins, which leaves you needing 1500 coins. At this point, you can be patient and likely fill the order over time or offer twice ask and fill the order with people thinking you made a mistake. Yes, you're right that it's unlikely a single dealer will have thousands of these to pull from, but individual coin shops that have the sets in their $3-$6 bins (yes, I've seen them at shops for below face) would be more than happy to sell for $12. I see no scenario under which you'd be paying $40 for Mint Sets to get BU coins. 1976P Type 1 total mintage 4 million 1973P total mintage 2 million 1977P total mintage 12 million 1976P Type 2 total mintage 113 million There are 2600 MS 64/65 1973P in the PCGS population. I'd say about 33% of that must have been cracked, so let's say 1700 PCGS. NGC shows 950 in their census, apply the same 33% and we get 600 NGC. So, 2300 already in holders for 64/65. I highly doubt that the 2300 represents even 10 percent of the MS 63 and better coins, so there's at least 25,000 examples out there. Since you want 10,000 of them, I can't imagine moving the market *that* much, since most uncirculated coins in private collections would be MS 63/64, which would meet our requirements, but not be worthwhile to submit. Remember, the presence of MS 66 examples killed the MS 65 prices. I'm sure that if someone got a few MS 67 examples onto the PCGS population, that would result in a *lot* of MS 66 becoming available at 20% (for the best) - 70% (for the average) below current pricing.[/QUOTE]
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