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<p>[QUOTE="chrisbauman, post: 248946, member: 9097"]If you are watching ebay you will notice that there are very few John Adam's Smooth Edges listed and furthermore a handful of double struck. In my opinion, slabbed double struck 64's to 65's will sell in the $250 range by late July and they will either hold their own or go up in value from there and here is why. </p><p><br /></p><p>1) The US Mint is looking into this fiasco and supposedly will release a statement once they conclude their investigation. Once this happens I expect Reuters and the AP to pick this up and in turn many local and national news organizations across the country to pick it up from the AP and Reuters.</p><p><br /></p><p>2) The Washington Smoothies took off and basically tripled in value the same day the USA Today did a front page article on them and if this does hit the USA Today then I expect the same thing to happen with the Adam's Double Struck and Smoothies. I expect news to hit the USA Today when the Mint releases its statement or when someone brings it to their attention. </p><p><br /></p><p>3) NGC and PCGS should begin publishing their numbers next week and I believe a lot of collectors are waiting on the sidelines to see just how many are out there and once they begin to release these numbers collectors will see that there are just a fraction of the double struck and smoothies out there relative to the Washington SMoothies. Furthermore, I bet we will only see a hundred or so Adam's Smoothies that have been graded so far and when collectors see for example almost 30,000 Washington Smoothies that have been graded by NGC and only a tiny fraction of that for the Adam's Smoothies then I see prices really going up. From my experience of talking to other finders of these coins and my own experience I'm expecting estimates for the smoothies to be in the 3 to 4 thousand range and around 30,000 for the double struck. Finally, collectors will realize the rarity of these Adam's SMoothies relative to the Washington and will likely be jumping all over them by rationalizing that these could be the rarest of the rarest of famous errors in the past 100 years which include the WIsconsin Leafs, the 55 double die, the 37 3 legged buffalo, etc....[/QUOTE]</p><p><br /></p>
[QUOTE="chrisbauman, post: 248946, member: 9097"]If you are watching ebay you will notice that there are very few John Adam's Smooth Edges listed and furthermore a handful of double struck. In my opinion, slabbed double struck 64's to 65's will sell in the $250 range by late July and they will either hold their own or go up in value from there and here is why. 1) The US Mint is looking into this fiasco and supposedly will release a statement once they conclude their investigation. Once this happens I expect Reuters and the AP to pick this up and in turn many local and national news organizations across the country to pick it up from the AP and Reuters. 2) The Washington Smoothies took off and basically tripled in value the same day the USA Today did a front page article on them and if this does hit the USA Today then I expect the same thing to happen with the Adam's Double Struck and Smoothies. I expect news to hit the USA Today when the Mint releases its statement or when someone brings it to their attention. 3) NGC and PCGS should begin publishing their numbers next week and I believe a lot of collectors are waiting on the sidelines to see just how many are out there and once they begin to release these numbers collectors will see that there are just a fraction of the double struck and smoothies out there relative to the Washington SMoothies. Furthermore, I bet we will only see a hundred or so Adam's Smoothies that have been graded so far and when collectors see for example almost 30,000 Washington Smoothies that have been graded by NGC and only a tiny fraction of that for the Adam's Smoothies then I see prices really going up. From my experience of talking to other finders of these coins and my own experience I'm expecting estimates for the smoothies to be in the 3 to 4 thousand range and around 30,000 for the double struck. Finally, collectors will realize the rarity of these Adam's SMoothies relative to the Washington and will likely be jumping all over them by rationalizing that these could be the rarest of the rarest of famous errors in the past 100 years which include the WIsconsin Leafs, the 55 double die, the 37 3 legged buffalo, etc....[/QUOTE]
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