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Guess the Price--1950-D Jefferson Nickel NGC MS66*
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<p>[QUOTE="Lehigh96, post: 713929, member: 15309"]That is your opinion Jello, but we would like to know why you think that. It sounds as though you think an MS66* should have a certain price or price range and $1,000 is way above that range. A predetermined price range is not consistent with how rainbow toned coins are valued. Collectors determine the value by evaluating each particular coin. One MS66* could have nice (but common) toning and only drive a small premium (2-3X wholesale) while coins like this 1950-D will easily drive 10-15X wholesale.</p><p><br /></p><p>Here is a 1944-P NGC MS66* with a wholesale value of $30. What price do you think this coin would sell for in the open market. </p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1944-PNGCMS66Star-10.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I think it is important to note that many collectors refuse to pay huge premiums for toned coins. There is absolutely nothing wrong with that as it is their prerogative. However, those same collectors should recognize that others will pay huge premiums for toned coins. One should not ignore the market conditions simply because they are not congruent with their own opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 713929, member: 15309"]That is your opinion Jello, but we would like to know why you think that. It sounds as though you think an MS66* should have a certain price or price range and $1,000 is way above that range. A predetermined price range is not consistent with how rainbow toned coins are valued. Collectors determine the value by evaluating each particular coin. One MS66* could have nice (but common) toning and only drive a small premium (2-3X wholesale) while coins like this 1950-D will easily drive 10-15X wholesale. Here is a 1944-P NGC MS66* with a wholesale value of $30. What price do you think this coin would sell for in the open market. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickels/JeffersonNickel1944-PNGCMS66Star-10.jpg[/IMG] I think it is important to note that many collectors refuse to pay huge premiums for toned coins. There is absolutely nothing wrong with that as it is their prerogative. However, those same collectors should recognize that others will pay huge premiums for toned coins. One should not ignore the market conditions simply because they are not congruent with their own opinion.[/QUOTE]
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Guess the Price--1950-D Jefferson Nickel NGC MS66*
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