Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!

I guess if he finds a buyer at $4,000 that will establish the value ?

 

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No that will establish that one particular person really wanted the coin and has the money to spend on it

 

it will just prove that the world if full of idiots and like always me and gd can never find one

 

Yes, but finding one is like roll searching. You keep at it and hope you get lucky.

 

didnt GD tell you our lucks ran out after we bumped into each other

 

Luck always changes. I lived in Vegas long enough to be able to say that as an "expert". lol
Good luck always leaves too soon and bad luck streaks are always too long, but they do end eventually.

I like the initial investment with roll searching. Any find at all is profit. Of course, time is worth only what you want it to be once you leave the "work place" and are no longer a "productive member of society". LOL

gary

 

Ya know I can't figure out what eveyone's saying. Let me state it this way. We have the grading scale( G-MS70), right. And that's our guide to figuring what condition a coin is, correct. So the higher the grade, the higher ther price. An MS68 nickel or whatever is no slouch of a coin. So PCGS, NGC, ANACS, whoever sets up their price guides and buyer or seller uses them as well as auction houses prices, ebay, etc. So if a nickel can command a $4000.00 price, so be it. It may not be in our budgets but their are some who want the best coin/s they can afford and they can afford $4000.00. More power to them. I'd love to see collections that good.

 

It doesn't mean they're idiots or stupid for paying that price if they've done their homework
and scouted around. Geeesh, most of us, I bet, would buy that coin if we had the budget too. zeke

 

No I would not and I think your wrong about "most" of us.

 

OH MY GOSH! I didn't mean to offend you or anybody else with my opinion. I totally apologize. Let me say it this way then. If I needed a high grade coin for my collection and I saw that coin, in hand of course, I would probably falter and try to bargain down but if all else falled I'd buy it. That's just me.

 

I think the problem for some of us old guys is that we remember when the Sheldon scale introduced the case than a coin worth $1 in basal state was worth $70 in perfect shape. Today we hang onto the numbers but an MS68 is worth seventy times an MS65. Perhaps it is time to introduce a new scale on which this 5 cent coin would be MS14000 and an MS70, if found, would be MS100000. William Sheldon was of the opinion that a perfect coin was worth twice a VF+ (VF35). He died in 1977 never knowing what would be done to his 1958 vintage opinions of grade and value.

The question is would you rather have this one coin or $4000 worth of something else? Both opinions exist.

 

i had never lost in any casino int he world including vefas then i went there with my friend who didnt allow me to think and i lost a few hundred have never gone to a casino since. in the future i willalways go alone.

 

dont worry we use the gd scale here and we dont alllow coins to cross 58 no matter what happens

 

I agree with Doug Smith, that is what I have said all along. I know a higher graded coin should be worth more, all things being equal, but the level of disparity in tiny grades is astounding, to me at least. Doug mentioned a price difference of 70 times between 65 and 68, but sometimes its that large a difference between 67 and 68. Its not our game apparently. Registry fever and an intense desire to "own the absolute best" is what drives this I guess. Hey, every coin colelctor is my friend and if that is what they like, then God's speed.

We can go play with our f and vf old dirty coins and have a ball.