Public Auction

If you were actually serious in post #16 when you said "There is one last, only one last, and will forever be one last, the competition would have been the same if I graded it and gave it a 68 3/4." then I really dont know what to say if you think you could have graded them and had the same results. I would strongly suggest learning about the market if you really believe that

 

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Like I said, you keep thinking that way.

 

It is interesting how there is nothing but a label that "proves" it. But there is a long history of that, wasn't it the first Columbian Expo half that has a letter documenting it's provenance.

 

I do enjoy real world data so thank you I will

 

OK Mr. Statisics, where is your proof? Show me where 100 coins sold at auction in PCGS holders. Then the exact same coins were sold again on that day in NGC holders for less money. I will be waiting...........

 

Just today.

 

You realize those are W bullion coins right? Which are also mixing first day with first strike

 

As apposed to the ones this thread is about? Which are?

 

Theyre no longer remotely bullion when they're designated as first and last special issues of the coin which the market shows

 

What changed in the process? The designer was the same, the design was the same, the composition was the same, the maker was the same..... the only thing that changed was the method of sale. Does the method of sale change the coin?

 

What is the difference between first strike and first issued?

 

Before attacking me learn more about the market since as you said "Like I said, you keep thinking that way." and "You have it worse than I thought." I dont really feel like explaining it to you any further

 

What a happy coincidence that the very last one struck also happened to earn the coveted MS-70 designation. I sure hope it doesn't start developing a bunch of fingerprints a year or two down the line.

 

I thought the same. How many last ones did they strike to get the best last one?

 

Different company's trademarked marketing blather.

 

, It probably took nothing more than specially prepared blanks, specially prepared dies, slower than normal striking, with extra tonnage, and maybe hand feeding them.

Work something like that & it wouldn't be hard to go 500 for 500 MS or PF 70s.

 

There were plenty of 69s. Theres no reason to believe the extra special care even for the group was taken for the first and last ones. These werent just pulled off the production line and labeled as such. Everyone should make their own conclusions over what the breakdown was for what NGC got and what PCGS got in the auction listings

 

I wasn't snarking to imply that they're lying about which one was really last. I was snarking to imply that if the last one off the line had some minor tick or rub that would've taken any other coin down to a 69, I would expect NGC to label it a 70 anyhow.

 

If you search around there are some posts of a break down of the grades from the two companies and head to head comparisons for some of the offerings. If the breakdowns are correct the NGC did grade better and the head to head the PCGS did sell for more despise having worse places in the minting order. Stacks has all the sales priices available for viewing and doing comparisons and I'll just leave it at that

 

Who got the $85,000? The US Mint manufactured this rare coin intentionally. Sounds criminal to me.