+ Plus Grades for Everyman registry set

Electricity

Hi Everyone, Longtime Lurker here!

I’m working on building a $2.5 Indian Everyman set in AU58 or , not too difficult to do.
BUT reaching the top seems impossible.

I have been working on this for about 8 Months , buying a coin that I like when they are available.

Correct me if I am wrong but PCGS has graded a total of 17 +plus graded Indians in this denomination at AU58+

So my questions...
Is there ever a chance of one of theses coming up for auction?

What are the chances a NGC AU58+ crossing over?

A chance for one of my submissions getting this grade?

Thanks everyone ahead of time for the warm welcome

DIMEMAN

My guess would be slim on all 3 questions.

lkeigwin

I agree with @DIMEMAN about the likelihood of crossing an NGC 58+. Crossing an NGC MS62 with a minimum grade of 58 probably has a better chance, but still slim.

Earning one ("making one") is possible but also a long shot. With so few $2.5 Indians graded 58+ (just 17 out of 16,000 AU58's!) they're not likely to be seen in auctions. But it is not out of the question.

In the bust half dollar world where I live PCGS is also very stingy about awarding 58+ (though not as scant as $2.5 Indians). I have "made" several over the last 10 years but my success record is probably lower than 5%.
Lance.

Electricity

Well I will just bide my time and see if one ever comes up for sale or auction.

What should I expect bidding to be like if one of these coins ever does come up.

Most of this series in a 58 can be obtained for $275-400 in the current market.

So an AU58+ $1000?

dbldie55

I have seen AU58+ coins bring MS65 money. For my set, Liberty Nickels, my dealer went through my AU58 set and cherry picked 10 to submit and 3 came back as AU58+. If you can see them, trying to cherry pick very nice coins, and submit for a + regrade is the best way to go. Way cheaper way to do this if you have access to the coins.

Bochiman

Yep....what dbldie55 said.....be prepared to pay WAY above grade if one comes available. Due to registry fever (everyman sets), people usually pay at least lower MS levels when buying AU58/AU58+ (depending on which is top of the grade for that series/year/mm)

Electricity

Thanks Guys, Pretty much what I figure will happen when one shows up.
I might wait until PCGS has another reconsideration special and see if some of my coins will upgrade.
In the meantime I’ll keep my eyes open.

Zing

Look on Heritage Auctions, do a search for the coin in question and see if there is one with a buy from owner. Be prepared to pay at least 30% over the winning bid cost. I have found coins that I’m looking for and was able to purchase one for a price I was willing to pay. I would watch the auction sites, some you can put a want list on site and you will receive a email when one pops up. Good luck

Coggan

It really depends upon the series, but I think what people have said is correct, especially with the low pops you describe for the $2.5 Indians. When I was selling Barber half dollars, common dates in AU-58+ at their height I was getting over $3,000 per coin. Depends upon how many people are chasing the same coins as you, too. That is a big factor in whether the prices are driven up.