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<p>[QUOTE="jonathon890, post: 219913, member: 8691"]<b>Buy all the Washington Smoothies you can get your hands on</b></p><p><br /></p><p>edges out there and all it takes is a measly 6,000 collectors to each stash away 10 of these for a long term investment and the supplly dries up. You could buy 10 graded NGC 64's and 65's for about $1200 and with a few million collectors out there I bet this will happen where you will have collectors and investors putting 10 or more away. I already have 8 from pcgs and ngc and I'm not even a full time collector, but just someone who knows how rare it is for something like this to come out of the mint. Like another poster said in another forum, here we have a presidential coin with a circulation of only 60,000 and over 100 million collectors. These coins will rock and don't matter how many are thrown out on ebay each day there are always enough bidders to absorb the supply and as the hoards and sellers dry up I bet these coins sell for three times of what they are today by 2008. There is a seller on ebay called instantauctions who has a boatload of ngc graded smooth errors and they are selling these like there is no tomorrow. If they have 3000 of these I don't blame them for taking $400k or $500k since their basis was probably about $3000, but I guarantee you they will be kicking themselves in a year when they realize they could have had well over a million dollars instead. Another poster talked about the 1955 double die and the 1937 Buffalo 3 legged and I agree that these were nothing more than a die error which to me is no big deal because you can find coins all day long in circulation if you spend enough time with some kind of die error, but when a coin is missing its date and all the other good stuff then this to me becomes a whole seperate coin, whereas a double die is just a slight malfunction in the machinery. This coin is going to do phenomenally well, just watch and see.[/QUOTE]</p><p><br /></p>
[QUOTE="jonathon890, post: 219913, member: 8691"][b]Buy all the Washington Smoothies you can get your hands on[/b] edges out there and all it takes is a measly 6,000 collectors to each stash away 10 of these for a long term investment and the supplly dries up. You could buy 10 graded NGC 64's and 65's for about $1200 and with a few million collectors out there I bet this will happen where you will have collectors and investors putting 10 or more away. I already have 8 from pcgs and ngc and I'm not even a full time collector, but just someone who knows how rare it is for something like this to come out of the mint. Like another poster said in another forum, here we have a presidential coin with a circulation of only 60,000 and over 100 million collectors. These coins will rock and don't matter how many are thrown out on ebay each day there are always enough bidders to absorb the supply and as the hoards and sellers dry up I bet these coins sell for three times of what they are today by 2008. There is a seller on ebay called instantauctions who has a boatload of ngc graded smooth errors and they are selling these like there is no tomorrow. If they have 3000 of these I don't blame them for taking $400k or $500k since their basis was probably about $3000, but I guarantee you they will be kicking themselves in a year when they realize they could have had well over a million dollars instead. Another poster talked about the 1955 double die and the 1937 Buffalo 3 legged and I agree that these were nothing more than a die error which to me is no big deal because you can find coins all day long in circulation if you spend enough time with some kind of die error, but when a coin is missing its date and all the other good stuff then this to me becomes a whole seperate coin, whereas a double die is just a slight malfunction in the machinery. This coin is going to do phenomenally well, just watch and see.[/QUOTE]
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