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Registry Fever? A 1945-P Jefferson Nickel PCGS MS67
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<p>[QUOTE="Lehigh96, post: 780438, member: 15309"]Actually, the answers can be found in the thread. RLM looked up the auction lot and posted the price realized of $3,738. It is a very difficult coin to price which was his point and I had the same problem when I was deciding how much to bid. After researching previous PCGS 1945-P MS67 Jeffersons, I found a coin with similar toning which sold recently for $1,150. I made that my bid price. Here is a link to the Bowers & Merena auction listing:</p><p> </p><p><a href="http://www.bowersandmerena.com/auctions/lot_detail.aspx?auctionno=13260&sessionno=1&catno=275&searchstring=&lotno=191" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bowersandmerena.com/auctions/lot_detail.aspx?auctionno=13260&sessionno=1&catno=275&searchstring=&lotno=191" rel="nofollow">http://www.bowersandmerena.com/auctions/lot_detail.aspx?auctionno=13260&sessionno=1&catno=275&searchstring=&lotno=191</a></p><p> </p><p>I really thought my bid was a competitive bid. After all, it is extremely rare for a non full step Jefferson Nickel to eclipse the $1,000 barrier unless it is a rare die variety. I can only recall a handful of times this has happened. To have my competitive bid crushed and the sale price be over 3X my bid is amazing. The registry fever must have struck a few collectors hard who needed an MS67 for their PCGS registry set. I don't often criticize other collectors for their bids on toned coins, but in this case I feel compelled to state that they overpaid for the coin.</p><p> </p><p>What say you guys?[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 780438, member: 15309"]Actually, the answers can be found in the thread. RLM looked up the auction lot and posted the price realized of $3,738. It is a very difficult coin to price which was his point and I had the same problem when I was deciding how much to bid. After researching previous PCGS 1945-P MS67 Jeffersons, I found a coin with similar toning which sold recently for $1,150. I made that my bid price. Here is a link to the Bowers & Merena auction listing: [URL]http://www.bowersandmerena.com/auctions/lot_detail.aspx?auctionno=13260&sessionno=1&catno=275&searchstring=&lotno=191[/URL] I really thought my bid was a competitive bid. After all, it is extremely rare for a non full step Jefferson Nickel to eclipse the $1,000 barrier unless it is a rare die variety. I can only recall a handful of times this has happened. To have my competitive bid crushed and the sale price be over 3X my bid is amazing. The registry fever must have struck a few collectors hard who needed an MS67 for their PCGS registry set. I don't often criticize other collectors for their bids on toned coins, but in this case I feel compelled to state that they overpaid for the coin. What say you guys?[/QUOTE]
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Registry Fever? A 1945-P Jefferson Nickel PCGS MS67
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