Just do a a completed listing search on ebay with the keywords of "washington dollar edge ngc" and you will see in the past 3 weeks 961 have been sold. Now do an advanced search with listings that only include this seller "instantauctions" and you will see that they sold 486 of these 961 NGC graded Washington edge errors, so in other words they have major control of the market for these coins. They've been doing some massive dumping and when they are finished is when I expect prices to take off. If their hoard had fallen in the hands of many indivduals then I can almost guarantee that the supply on ebay would have been about 60% of what it has been in terms of ngc graded coins since many who only found a few of these would probably have decided to just hang on to them, but here we have instantauctions who must have thousands of these cashing out and raking in the dough which in a way I would probably do the same. Once again, you take this dumping away and if the supply on ebay had only been 60% of what it has been in the past 3 weeks I think prices would have been close to double of what they are today. These coins are great because what kind of risk are you looking at now with 64's selling for $100. I mean anyone can buy one of these and I'm sure if they dropped down to $60 they wouldn't lose sleep over it which is why I think we have found the bottom on these coins.
I'll go one better. See for yourself how easy it is to fake these: http://www.cointalk.org/showthread.php?t=22983&highlight=tolerance.
rangerover877, good point,i've been watching this guy too! alot of these (not his)have been sold to dealers either raw or slabbed,this guy is not a coin guy i don't think, which to me means he's selling for someone else who probaly is not a coin dealer either,he's going for the short term slam......sell them before they drop in price.................not! they as you said are only dropping because of him..............which if he were a coin dealer would not be to smart, more then likely he has 700-1000 total or less,we will see soon, and i think your right they will go back to the 125-150 ms64,and 150-200 ms65 and so on,and climb as the supplies run out, again good point,thank you.... and there are alot of good stats on these posted online as of yesterday on www.minterrornews.com check it out it's free!
Good Price? What does everybody think a good price would be right now on an NGC MS 65 w/o edge lettering? Thanks for any help.:hug: I got looking at instantauctions feedback, wow. 80 negs, 219 feedback withdrawn and 89 nuetrals. thats not good.
Does the general public even know ( or care) that there is a new dollar coin ? I'll bet most people don't even know this coin exists, and have never received one, thus that have probably don't care, or asked for a real dollar bill instead.
near the bottom of the page he shows ' a good example of a die clash' ... is that what that really is.. a die clash? i have a couple of coins with similar effects ... It was talked about before on this forum, and peeps said to wait to see what it was determined to be ... do die clash coins fecth a premium ?
sorry, but.. absolutely not - it doesnt fetch a premium .. or its absolutely not a die clash? If not a die clash, what would his example be? post-mint damage??
Sure, but how much did you pay for the grade, and how much did you pay for the "error?" What does an "errorless" PCGS MS65 fetch thesedays, anyway? I don't think anybody knows.
I paid $128.50 with S/H included for an MS 65 NGC graded Washington Error. I also paid an average of $75 for 2 MS 64's by NGC too. I am happy with my purchases. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ih=020&sspagename=STRK%3AMEWN%3AIT&viewitem=&item=300101386747&rd=1&rd=1
Well I bought 4 of these no edge dollars on ebay the other day but the lady hasn't written me back with me total so I don't know if I'll get them after all. I got them for about the same price as you did....$75...one was $71. Speedy
been kind of tracking these myself. Seems like the 64's are around $75 and the 65's like $130ish. Saw a 66 over $300 and still going. these were NGC coins
