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What do y'all think of my new $6700 "Business Strike" (cough cough) Washington?
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<p>[QUOTE="johnmilton, post: 3570705, member: 101855"]If the piece could be entered on the NGC registry as an MS-68, there would be some collector out there who would pay a premium for it. It wouldn't be $6,700, but I bet you could get up to $1,000.</p><p><br /></p><p>Some collectors are absolutely obsessed with getting to be #1 on the registries, especially the PCGS registry. They will pay huge premiums, especially if it is “the finest known” with no equals, (actually graded) coin.</p><p><br /></p><p>In 2003, Heritage sold this 1963 Proof cent for $39,100. It was the only piece graded PR-70, Deep Cameo. As you can see from the photo, it had some spots and toning marks, and looks like it fell show of the "perfect" PR-70 grade.</p><p><br /></p><p>In the mean time the coin was pictured in COINage. By then it had more spots judging from the photos. Heritage put it up again, and this time the bidders had it up to over $40,000! The piece got a lot of attention on the PCGS blog, most of it negative. Finally Heritage withdrew the piece from sale and PCGS bought it in to avoid further embarrassment.</p><p><br /></p><p>Judge for yourself if you think that this coin is still a PR-70.</p><p><br /></p><p>[ATTACH=full]951017[/ATTACH] [ATTACH=full]951018[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3570705, member: 101855"]If the piece could be entered on the NGC registry as an MS-68, there would be some collector out there who would pay a premium for it. It wouldn't be $6,700, but I bet you could get up to $1,000. Some collectors are absolutely obsessed with getting to be #1 on the registries, especially the PCGS registry. They will pay huge premiums, especially if it is “the finest known” with no equals, (actually graded) coin. In 2003, Heritage sold this 1963 Proof cent for $39,100. It was the only piece graded PR-70, Deep Cameo. As you can see from the photo, it had some spots and toning marks, and looks like it fell show of the "perfect" PR-70 grade. In the mean time the coin was pictured in COINage. By then it had more spots judging from the photos. Heritage put it up again, and this time the bidders had it up to over $40,000! The piece got a lot of attention on the PCGS blog, most of it negative. Finally Heritage withdrew the piece from sale and PCGS bought it in to avoid further embarrassment. Judge for yourself if you think that this coin is still a PR-70. [ATTACH=full]951017[/ATTACH] [ATTACH=full]951018[/ATTACH][/QUOTE]
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Coin Talk
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What do y'all think of my new $6700 "Business Strike" (cough cough) Washington?
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