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Holy Carp Moderns! 2010-D MS67 cent sells for $4993.75!!!
renomedphys
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2.4 billion divided by 700 = 3.4 million potentially similar coins. Maybe some of them weren't circulated immediately, but it is slightly possible that someday another one will be "made".
Not a gamble I'd be comfortable with, but the modern market is territory I don't understand very well. I just hope someone does!
that sells for $5k and yet large cents, seated quarters, bust halves etc lay in junk boxes? i know ms67rd and ag/vg corroded are light years apart, but c'mon
congratz to the submitter/consignor/pcgs/heritage and the winner (i think)
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I knew it would happen.
<< <i>My reaction is similar to when I first realized that some coins were worth more than others, "oboy, I'm going to get rich! All I have to do is get a whole bunch of those for a penny apiece, and sell them for $4,993.75!!!!!!!!!! Rich, I tell ya." >>
You stole my idea!
that is not my kind of 67 worth paying 5k for. (spot) This seems like a registry issue. (price) It is interesting to note the new label in the holder means that it was recently made.
These zinc/plated cents are nearly a miracle to find in high grade. Between the plating issues, rough surfaces, and spots, it is next to impossible.
But, I doubt an MS67 Shield cent will bring this kind of funds 50 years from now.
Empty Nest Collection
Experience the World through Numismatics...it's more than you can imagine.
<< <i>700 of these have been graded by our host. 1 has gone MS67. 2.4 billion were made.
2.4 billion divided by 700 = 3.4 million potentially similar coins. >>
It's likely that all of the 2010-D cents sent in for grading were selected for their high quality rather than random uncirculated, so the number of potentially similar coins is probably much less.
My Adolph A. Weinman signature
Link to 1950 - 1964 Proof Registry Set
1938 - 1964 Proof Jeffersons w/ Varieties
That's the problem with ultra high grade moderns.
No thanks.
RFR.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
<< <i>
<< <i>700 of these have been graded by our host. 1 has gone MS67. 2.4 billion were made.
2.4 billion divided by 700 = 3.4 million potentially similar coins. >>
It's likely that all of the 2010-D cents sent in for grading were selected for their high quality rather than random uncirculated, so the number of potentially similar coins is probably much less. >>
I'll concede the point and divide my estimate by 1,000.
That still leaves 3,400 potentially similar (or better) coins!!!!!!!!
Chris' Complete Lincoln Variety Set 1909-date
Rob
Successful Trades with: Coincast, MICHAELDIXON
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Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
2.4 billion divided by 700 = 3.4 million potentially similar coins. Maybe some of them weren't circulated immediately, but it is slightly possible that someday another one will be "made".
Not a gamble I'd be comfortable with, but the modern market is territory I don't understand very well. I just hope someone does!
Well......since you put it that way..........
Anyone else have a problem with the grade or that reverse spot for example? I would guess in a year of two that it gets a bit worse.
Yup.Doc....................
Circulated, of course. I am pretty sure that my coins will not have disintegrated into copper and zinc dust
in 50 to 100 years. I shudder to think what our latest cents will look like in 2063, whether they are in
holders or not. Zinc is not a good metal to make coins from.
Think that is a bit decadent ... this year, Macallan has another great offering for you i.e. its 64 years old single malt that will cost you $60,000 per shot. This whiskey is being served at the Montage Beverly Hills, a lavish hotel situated in Golden Triangle near Rodeo Drive.
Repeat ... $60,000 per shot. Assuming a generous 2 oz. shot, that is roughly $720,000 for the bottle of Scotch.
The Lincoln Cent will cost you roughly a small sip of this wonderful Scotch. Which would you rather have? Frankly, I would go with the sip of the 64 year old Scotch. You?
Wondercoin
Edited to add: How would you like to be that waiter who gets the order for (2) shots for $120,000. Even assuming a 15% tipper, that would be a nice $18,000 tip for the evening!!
<< <i>700 of these have been graded by our host. 1 has gone MS67. 2.4 billion were made.
2.4 billion divided by 700 = 3.4 million potentially similar coins. Maybe some of them weren't circulated immediately, but it is slightly possible that someday another one will be "made".
Not a gamble I'd be comfortable with, but the modern market is territory I don't understand very well. I just hope someone does! >>
That carbon spot at about 4:30 is going to do nothing but get worse.
This coin will not be an MS67RD in about a year just like that 2003 in MS70RD didn't last.
The name is LEE!
<< <i>
<< <i>
<< <i>700 of these have been graded by our host. 1 has gone MS67. 2.4 billion were made.
2.4 billion divided by 700 = 3.4 million potentially similar coins. >>
It's likely that all of the 2010-D cents sent in for grading were selected for their high quality rather than random uncirculated, so the number of potentially similar coins is probably much less. >>
I'll concede the point and divide my estimate by 1,000.
That still leaves 3,400 potentially similar (or better) coins!!!!!!!!
Well you'd better hurry up and start looking for them, I bet my grandmother just left one of them in a "take a penny / leave a penny" jar at a 7-11.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
For the same money, a couple years ago I bought an 1843 Lg C in MS65RB.
I'm happy.
No doubt, one is treading on dangerous turf if one does not strongly educate himself or herself with the appearance of SF and non-SF coins dated 2005-2010 before bidding huge sums on these coins.
Wondercoin
That coin sold without being verified??
I've seen thousands upon thousands of the 2010 D Business Strike Shield cents along my screening journey. That coin clearly looks Satin Finish to my eyes. Without it in hand I can't be sure but from what I see that would be my opinion. The 2010 D Business Strike coins all look to have a nice shine to them, not a matte looking finish as this coin exhibits. Also from what I see in the pictures the obverse has what appears to be orange spots which is typical for SF coins. Business strike examples have much darker, almost black spotting. I don't think I've seen a 2010 D Business Strike coin without some amount of these black looking spots.
The most recent fix of 2 Satin Finish Quarters in a Business Strike holders was corrected. From what I understand there was a sale for one of the 2 coins. The second was pulled from eBay by the seller. He then sent both coins to PCGS for verification. Both coins were re-holdered as Satin Finish, good job PCGS and all those involved with getting this fixed (including Wondercoin). And especially the seller for doing the right thing.
Again just my opinion on the coin, If it is truly a Business Strike coin Congrats to the maker!!! If it is not I sure hope it may get corrected someday as smoothly as the SF Quarters were.
Taylor
I am a YN and I do not want anybody to question my IQ Level! I don't know everything and came here to learn!
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I give away money. I collect money.
I don’t love money . I do love the Lord God.
Which looks like a business strike? I know different year but....
Rick Snow may have "incorporated" the name, but the "nickname" belongs to many. It goes back centuries. Some things never change. Those who find the "BEST" win the "TEST".... and the rest of us can sit around and analyze how stupid it is until we croak. But it is what it is. COINFACTS
``https://ebay.us/m/KxolR5
``https://ebay.us/m/KxolR5
foresight to save in 1921 or they can go out and look for a 2010 penny worth that much. The
only problem with finding the penny is that you might spend that much to find one and not find
it at all.
The real problem to my mind is that there are still 2010 cents in FED storage. That means there
are millions, if not billions, that could still be searched. Someone might find dozens of even higher
grade coins in balistic bags.
Moderns less than three years old are very very risky. Of course if you wait the prices can go much
higher so there's always a risk to waiting as well. Your best bet if you want high condition moderns
is to sample enough coins that you know what's available. In the process you just might find a five
thousand dollar cent.
I don't understand why people don't see that there is a fundamental difference between moderns
and classics and between moderns and coins less than three years old. But the difference between
moderns and classics is really just perspective. In 100 years it won't matter if the dime being collect-
ed is dated 1921 or 2010 since each will be collected and each will have their own supply and demand.
The supply of the '21 is already known and the supply of the 2010 will be determined in the future.
In 1921 how many people could have accurately predicted the supply of Gem philly dimes? How many
even cared?
Hasn't it always been this way?
Point is: someone else wanted that coin badly. Maybe pop 1/0 are the next "craze."
Interests:
Pre-Jump Grade Project
Toned Commemoratives
Finally a collector more foolish than me!
In a 100 years the 1921 will be even harder to find and the 2010 will still be available by the billions!
As always, just my 2 cents
Wondercoin
<< <i>Cladking you crack me up.....comparing the 1921 dime to a 2010 dime.
In a 100 years the 1921 will be even harder to find and the 2010 will still be available by the billions!
I wouldn't bet on it.
The '21 is worth $5000 and not many will be accidently dropped down a sewer or
get burnt up in a garage fire.
2010 dimes aren't going to all get lost or used up but I certainly don't know how
many will be saved. I can't even give a meaningful estimate of mintage for such a
late date coin but you'd be surprised just how low it is. A great number of moderns
have lower mintages in Gem than scarce date silver. The attrition on moderns can
be staggering and none are saved "accidently" any longer. Unless a collector saves
a clad it will wear out in circulation or get lost trying.
Just because a coin is made in large numbers doesn't assure Gems are plentiful or
even a single coin will be saved. It used to but it hasn't since 1964.
Did I ever mention time flies?
<< <i>daonlybg: But, did the dealer address with his customer the more serious potential issue raised by many folks here that the coin might actually be a mechanical error Satin Finish coin worth well under $100?
As always, just my 2 cents
>>
Indeed!
Can you show one of your nicer business strike 2010-D Lincoln Cents for an even better comparison?
Wondercoin
``https://ebay.us/m/KxolR5
<< <i>I think the spot on that coin at 4:30 sucks. Someone paid a whole lot for the holder, not the coin... >>