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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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<p>[QUOTE="Lehigh96, post: 988541, member: 15309"]Okay,</p><p><br /></p><p>You guys are not listening. Jefferson Nickels are extremely rare in MS68. This includes the modern dates. If you don't believe me, take a look at the populations of Jefferson Nickels in MS67 FS for modern dates. Here is an example:</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1137&Lot_No=7384" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1137&Lot_No=7384" rel="nofollow">1993-D Jefferson Nickel PCGS MS67 FS auction archive</a></p><p><br /></p><p>The population of this date/mm is 13/0 out of a total of 400 graded examples. That means that roughly 3% of all submitted examples will achieve the top pop grade of MS67. I actually agree with the argument that there are so many available raw coins that the prices of these coins are inflated. This coin sold for almost $400. But there have only been 400 examples graded to date. At the 3% top pop rate, that 13/0 number will eventually climb into the hundreds or thousands making this date/mm in MS67 FS a $50-$100 coin. However, that rationale does not apply to the MS68 grade. They are so rare that whenever you find one, it will always drive a huge price because of the conditional rarity. You guys don't need to like it, agree with it, or condone it, but you would be wise to accept it.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 988541, member: 15309"]Okay, You guys are not listening. Jefferson Nickels are extremely rare in MS68. This includes the modern dates. If you don't believe me, take a look at the populations of Jefferson Nickels in MS67 FS for modern dates. Here is an example: [URL="http://coins.ha.com/common/view_item.php?Sale_No=1137&Lot_No=7384"]1993-D Jefferson Nickel PCGS MS67 FS auction archive[/URL] The population of this date/mm is 13/0 out of a total of 400 graded examples. That means that roughly 3% of all submitted examples will achieve the top pop grade of MS67. I actually agree with the argument that there are so many available raw coins that the prices of these coins are inflated. This coin sold for almost $400. But there have only been 400 examples graded to date. At the 3% top pop rate, that 13/0 number will eventually climb into the hundreds or thousands making this date/mm in MS67 FS a $50-$100 coin. However, that rationale does not apply to the MS68 grade. They are so rare that whenever you find one, it will always drive a huge price because of the conditional rarity. You guys don't need to like it, agree with it, or condone it, but you would be wise to accept it.[/QUOTE]
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Is This Guy Nuts?!?! 2010-D Nickel, PCGS MS-68 Full Steps for $4,000?!?!
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