Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Mislabeled TPG Slab Labels. Keep or Resubmit?
>
Reply to Thread
Message:
<p>[QUOTE="JCro57, post: 3042264, member: 92083"]Ok, as per my stated value, how did I arrive at this? (Again, this is totally irrespective of my post, and I never asked your opinion on it).</p><p><br /></p><p>1. Some of the most well-known error experts, who publish books/articles and are regularly featured in Mint Error News, CONECA, and other coin publications, and are people that error collectors nationwide flock to when their tables are up at coin shows, agree that this is the estimated value. Exactly what are your qualifications, Chris? </p><p><br /></p><p>2. They stated very few are known to exist, and mine managed to survive years without any scrapes, marks, nicks, wheel marks from counting machines or other devices, and ugly discoloration from improper storage before it was ever slabbed. It is Proof-62, and incredibly eye-pleasing for being what could be up to half a century old.</p><p><br /></p><p>3. 40% Silver Ike blank planchets, for which dozens are known to exist, range from $350 if it is stained or badly marked up to $500-$700+ for eye-pleasing specimens, according to Heritage and Stacks. </p><p><br /></p><p>4. 90% silver blanks of Morgans and Peace dollars range from $600 for badly tarnished specimens (eBay last month) to over $1,100 on Heritage a few months ago. Again, dozens are known to exist. Both error experts are selling these very items directly at roughly the same prices they are going for at auction. They are fair, personable, and honest men. Their prices reflect current market values, and so I have no reason to doubt the same for my proof clad Ike. And I respect they have a right to make a little profit. </p><p><br /></p><p>5. I was told the clad proof Ikes are far more rare than any other of those other dollar blanks above, and there are fewer than a handful known. I can't even find a record of one single specimen being auctioned at any auction site after typing in "proof eisenhower blank planchet" or "proof Ike blank planchet." </p><p><br /></p><p>I have only seen a couple others that were listed as "proof-like." I bought one of them hoping it was a proof as well from Jon Sullivan. He said if it came back as not a proof, he would refund my money. He said it *might* be a proof, or maybe an experimental planchet, and that there are no guarantees. He very kindly said he wants to know as well and offered to submit it for me to NGC. However, NGC said it was NOT a proof, and he did refund me because he is a stand-up guy. He has no record on his site in his archives of selling an actual "proof" Ike clad blank planchet. Again, because they are incredibly scarce.</p><p><br /></p><p>So, Professor Chris, I think any reasonable person can deduce I have done my homework when I listed the approximate worth of my proof Ike clad dollar of $1,000. It was not an uneducated hapless guess. If dozens of one kind are selling for well over $1,000, then it is reasonable to assume one of only a handful would also at least be in that same category.</p><p><br /></p><p>Believe it or not, some people other than yourself know what they are talking about. You are probably a great guy, but unfortunately you always come off as condescending, arrogant, and even mean-spirited to people who ask innocent questions. I don't mind humorous sarcasm, but you are very often rude to people and it is annoying.[/QUOTE]</p><p><br /></p>
[QUOTE="JCro57, post: 3042264, member: 92083"]Ok, as per my stated value, how did I arrive at this? (Again, this is totally irrespective of my post, and I never asked your opinion on it). 1. Some of the most well-known error experts, who publish books/articles and are regularly featured in Mint Error News, CONECA, and other coin publications, and are people that error collectors nationwide flock to when their tables are up at coin shows, agree that this is the estimated value. Exactly what are your qualifications, Chris? 2. They stated very few are known to exist, and mine managed to survive years without any scrapes, marks, nicks, wheel marks from counting machines or other devices, and ugly discoloration from improper storage before it was ever slabbed. It is Proof-62, and incredibly eye-pleasing for being what could be up to half a century old. 3. 40% Silver Ike blank planchets, for which dozens are known to exist, range from $350 if it is stained or badly marked up to $500-$700+ for eye-pleasing specimens, according to Heritage and Stacks. 4. 90% silver blanks of Morgans and Peace dollars range from $600 for badly tarnished specimens (eBay last month) to over $1,100 on Heritage a few months ago. Again, dozens are known to exist. Both error experts are selling these very items directly at roughly the same prices they are going for at auction. They are fair, personable, and honest men. Their prices reflect current market values, and so I have no reason to doubt the same for my proof clad Ike. And I respect they have a right to make a little profit. 5. I was told the clad proof Ikes are far more rare than any other of those other dollar blanks above, and there are fewer than a handful known. I can't even find a record of one single specimen being auctioned at any auction site after typing in "proof eisenhower blank planchet" or "proof Ike blank planchet." I have only seen a couple others that were listed as "proof-like." I bought one of them hoping it was a proof as well from Jon Sullivan. He said if it came back as not a proof, he would refund my money. He said it *might* be a proof, or maybe an experimental planchet, and that there are no guarantees. He very kindly said he wants to know as well and offered to submit it for me to NGC. However, NGC said it was NOT a proof, and he did refund me because he is a stand-up guy. He has no record on his site in his archives of selling an actual "proof" Ike clad blank planchet. Again, because they are incredibly scarce. So, Professor Chris, I think any reasonable person can deduce I have done my homework when I listed the approximate worth of my proof Ike clad dollar of $1,000. It was not an uneducated hapless guess. If dozens of one kind are selling for well over $1,000, then it is reasonable to assume one of only a handful would also at least be in that same category. Believe it or not, some people other than yourself know what they are talking about. You are probably a great guy, but unfortunately you always come off as condescending, arrogant, and even mean-spirited to people who ask innocent questions. I don't mind humorous sarcasm, but you are very often rude to people and it is annoying.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Mislabeled TPG Slab Labels. Keep or Resubmit?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...