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Not Even Jody likes Jeff Nickels This Much!!!
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<p>[QUOTE="cladking, post: 18765, member: 68"]One of the last 1804 dollars that sold commanded a much higher price because it was the second or third highest graded specimen. If memory serves, the premium exceeded a million dollars. Yet if you go look at the PCGS registry sets which contain this coin, what you see is this:</p><p>""</p><p><br /></p><p>In other words someone paid a million dollars premium for a registry quality coin and then didn't add it to the registry. </p><p><br /></p><p>By the same token, THE NICKEL IN QUESTION IS NOT NEEDED FOR THE REGISTRY AT THE CURRENT TIME. Sure, maybe someone is anticipating it being needed in the future just as they're anticipating it being rare in the future. The fact is that there are people who collect 1804 dollar and 2004 nickels and don't put them in registry collections. Those who desire the finest 2004 nickels can buy the coins for a mere pittance compared to the finest of any of the classic coins. While paying such a premium may not be wise, it most assuredly has not raised anyone's standing in the registries.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 18765, member: 68"]One of the last 1804 dollars that sold commanded a much higher price because it was the second or third highest graded specimen. If memory serves, the premium exceeded a million dollars. Yet if you go look at the PCGS registry sets which contain this coin, what you see is this: "" In other words someone paid a million dollars premium for a registry quality coin and then didn't add it to the registry. By the same token, THE NICKEL IN QUESTION IS NOT NEEDED FOR THE REGISTRY AT THE CURRENT TIME. Sure, maybe someone is anticipating it being needed in the future just as they're anticipating it being rare in the future. The fact is that there are people who collect 1804 dollar and 2004 nickels and don't put them in registry collections. Those who desire the finest 2004 nickels can buy the coins for a mere pittance compared to the finest of any of the classic coins. While paying such a premium may not be wise, it most assuredly has not raised anyone's standing in the registries.[/QUOTE]
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