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<p>[QUOTE="chrisbauman, post: 271994, member: 9097"]<b>5 Critical Things To Look For</b></p><p><br /></p><p>I'm also wondering what impact the edge lettering will have. I bought about 50 raw Wisconsin leafs within the first year they were discovered t with a cost of about $80 each. I asked dealers at shows what their opinion was and for the most part I was told it would be a $20 coin within a few years. Well a low leaf ms65 from ngc sells for around $200 now and a high leaf around $350. Estimated mintage for both leafs are around 30,000 to 50,000 and from what I'm hearing estimated mintage of the double struck is around 30,000 to 50,000 and for the Adam's smoothies around 5,000, so I think the Wisconsin leafs could be a good gauge to go by because they also went down initially to around $60 and gradually worked their way back up. Here are five critical things these errors have going for themt. </p><p><br /></p><p>1) Look at the state quarter program and which ones did the best? From my research the first 4 that came out seem to have done the best by far which can probably be attributed to more and more new collectors coming into the program as it progressed and thus them needing the first few to complete their sets. The same should happen with the presidential program. </p><p><br /></p><p>2) George Washington, Thomas Jefferson, John ADams are probably the most historical, notable, and valuable people in American history and like they are commonly referred to they are the fathers of our country. Where am I going with this? What would you rather have with everything else being equal in terms of mintage a Thomas Jefferson presidential coin dollar or a no nome preisident such as James Polk?? Of course, most people would answer Thomas Jefferson because of his place in history. The popular coins in this series without a doubt will be George Washington, John Adams, Thomas Jefferson, ABraham Lincoln, and JFK. The popularity of these presidents only adds fuel to the fire when errors show up for them as opposed to someone like a James Polk. Another analogy would be would you rather have a Barry Bonds, Babe Ruth, or Roger Clemens error card or some no name player? Once again, this hits home my point that these errrors wouldn't have been as significant if they showed up later on in the program for presidents that are relatively unknown to most Americans. </p><p><br /></p><p>3) The most positive thing I read about the edge insrciption possibly ending was dealers would be scrambling to put together sets of an edge inscribed Madison, George Washington, Thomas Jefferson, and John Adams along with a smooth edge Washington/Adams and finally a double struck Adams. I think this would be a pretty neat set consisting of a bunch of errors as the MInt tried to get its act together along with the only presidents with edge insricptions. </p><p><br /></p><p>4) Within a few more weeks we should have a real good indication just how rare the Adam's errors are relative to the Washington smooth edges which will be reflected in the numbers from NGC and PCGS. From talking to dealers many were skeptical on how many were out there and not knowing this they were reluctant to buy in fear of a new batch showing up elsewheere in the country. </p><p><br /></p><p>5) Another fear amongst dealers was that each time a president would come out we would see thousands of double struck and thousands of smooth edges which would therefore create saturation since there is only so much money to go around. Well I'm yet to see any Jeffferson errors worth mentioning and they have already been out for almost 2 weeks now. From what I read the Mint has their act together now and the liklihood of any significant future errors coming out is very slim. </p><p><br /></p><p>As you can see there is much more that these errors have going for them besides Congress ending the edge inscriptions.[/QUOTE]</p><p><br /></p>
[QUOTE="chrisbauman, post: 271994, member: 9097"][b]5 Critical Things To Look For[/b] I'm also wondering what impact the edge lettering will have. I bought about 50 raw Wisconsin leafs within the first year they were discovered t with a cost of about $80 each. I asked dealers at shows what their opinion was and for the most part I was told it would be a $20 coin within a few years. Well a low leaf ms65 from ngc sells for around $200 now and a high leaf around $350. Estimated mintage for both leafs are around 30,000 to 50,000 and from what I'm hearing estimated mintage of the double struck is around 30,000 to 50,000 and for the Adam's smoothies around 5,000, so I think the Wisconsin leafs could be a good gauge to go by because they also went down initially to around $60 and gradually worked their way back up. Here are five critical things these errors have going for themt. 1) Look at the state quarter program and which ones did the best? From my research the first 4 that came out seem to have done the best by far which can probably be attributed to more and more new collectors coming into the program as it progressed and thus them needing the first few to complete their sets. The same should happen with the presidential program. 2) George Washington, Thomas Jefferson, John ADams are probably the most historical, notable, and valuable people in American history and like they are commonly referred to they are the fathers of our country. Where am I going with this? What would you rather have with everything else being equal in terms of mintage a Thomas Jefferson presidential coin dollar or a no nome preisident such as James Polk?? Of course, most people would answer Thomas Jefferson because of his place in history. The popular coins in this series without a doubt will be George Washington, John Adams, Thomas Jefferson, ABraham Lincoln, and JFK. The popularity of these presidents only adds fuel to the fire when errors show up for them as opposed to someone like a James Polk. Another analogy would be would you rather have a Barry Bonds, Babe Ruth, or Roger Clemens error card or some no name player? Once again, this hits home my point that these errrors wouldn't have been as significant if they showed up later on in the program for presidents that are relatively unknown to most Americans. 3) The most positive thing I read about the edge insrciption possibly ending was dealers would be scrambling to put together sets of an edge inscribed Madison, George Washington, Thomas Jefferson, and John Adams along with a smooth edge Washington/Adams and finally a double struck Adams. I think this would be a pretty neat set consisting of a bunch of errors as the MInt tried to get its act together along with the only presidents with edge insricptions. 4) Within a few more weeks we should have a real good indication just how rare the Adam's errors are relative to the Washington smooth edges which will be reflected in the numbers from NGC and PCGS. From talking to dealers many were skeptical on how many were out there and not knowing this they were reluctant to buy in fear of a new batch showing up elsewheere in the country. 5) Another fear amongst dealers was that each time a president would come out we would see thousands of double struck and thousands of smooth edges which would therefore create saturation since there is only so much money to go around. Well I'm yet to see any Jeffferson errors worth mentioning and they have already been out for almost 2 weeks now. From what I read the Mint has their act together now and the liklihood of any significant future errors coming out is very slim. As you can see there is much more that these errors have going for them besides Congress ending the edge inscriptions.[/QUOTE]
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