76 T1 for $320?

Drizzt · July 11, 2002 5:35AM

Can't seem to post the pic

Last nights teletrade auction
PCGS MS 65
1976 T1---$320

Some people are crazy for the slab grade,I guess.
When I first looked at it, I wondered when they started Lunar farming.

Typetone · July 11, 2002 5:37AM

Unless the coin looks terrible, the prices seems OK. Would rather pay about $250, but $320 doesn't seem out of line.

Drizzt · July 11, 2002 5:53AM

I must be missing something-I thought pieces little better than this
were going for about $150-$170.

edit: Just looked on PCGS guide lists it as $260(witch is still too much IMHO)

clevegreg · July 11, 2002 9:05AM

I don't know the current pricing, but it is a tough coin in PCGS 65!

Greg

cladmaker · July 11, 2002 9:29AM

My last three i put on auction in April, May, and June respectively- only got from $88.00 to $112.00
which i thought was to cheap

for these! I think the price on T.T. was quite high for this coin.
that was more in line as far as market price with the 1972-p ms 65!! the 1972-p being a scarcer coin

I sure hope the 76-p ms 65 i have on eBay does near as good

cladmaker

Drizzt · July 11, 2002 9:43AM

[L=that 76 T1]http://www.teletrade.com/coins/lot.asp?auction=1595&lot=1723&imagetype=j[/L

Hopefully that links to yhe picture

misterR · July 11, 2002 11:39AM

The coin is actually nicer than it appears in the image. Here is a link that works 1976 T1 PCGS 65 Ike The graders are being especially tough grading Ike dollars, for about a year now. If you don't believe me just give it a try! I agree the price realized seems a bit steep (and the coin could be returned), but the graders are creating a short supply by grading so strictly. When I sent the coin in to be graded I was prepared to crack it out and try again if it didn't receive at least a 65.

grip · July 11, 2002 11:44AM

I also have one up on Ebay.AlText

TWQG · July 11, 2002 1:21PM

I just bid on grips cause I like those pictures. Side by side and up close. A+

Sean

jcping · July 11, 2002 2:30PM

If it is a high end 65, definitely it is worth $320. With today's PCGS standard to grade Ike dollars, I really doubt that there will be any new MS66

Monstavet · July 11, 2002 5:08PM

I recently got a 76D type 1 MS65 for less than $40 on Teletrade, but I guess the D mint must be quite a bit easier to get in this grade.

Typetone · July 11, 2002 5:08PM

Having seen the TT picture, I now agree that $320 is probably too high. I like Grip's better. Though I have a couple, I put up a $101 bid and was immediately outbid. Bet this one goes for well over $200.

Monstavet - The D mint is easier, but under $40 is a great deal.

Greg

Monstavet · July 11, 2002 5:19PM

I just looked at the coin briefly a few minutes ago...a pretty middle of the road 65...not PQ or anything. It works for my type set! WOuld like to upgrade it at some point down the road. But the price was right.

egsantos · July 11, 2002 11:25PM

I paid the $320 by the coin, assuming the same position of JCPING. Will be a surprise news 66's.
Be sure that have others with the same idea, because in each of my bids someone covered imediately.
PCGS shows $260 for this coin and not be a surprise it will be increase soon
Let's see the price in Ebay. Actually I have the high bid with $151 but we will have more 4 days in front.
In my point of view the same situation will be occur with 1971 and 1972.

Edson

egsantos · July 12, 2002 2:25AM

Drizzt

Ooops! I almost forgot. I'm not crazy. $320 is small money to test a theory.
You need see my husband face when I bought 3 bottles of Petrus 1982 in a French Site Auction, and said that was a good investment.............
In the other hand, I bought a 1974 Kennedy PR70 in E-Bay for $1.9 K and yesterday in Teletrade the same coin goes up to $4 K and the auction was considered not realized, problaby by owner request. Some days you hunt and in others you shoot the dog.

Edson

Drizzt · July 12, 2002 3:27AM

I'm still hoping it was just two collectors trying for
the last coin for their set.

I know, I know. Just let me have my delusions.

Alltec · July 12, 2002 3:35AM

Edson,

Good point! Sometimes prices seem to be all over the board. Collectors will pay what they feel it's worth to them. Occassionally they don't always use good sense, but that's part of the game!

egsantos · July 12, 2002 6:41AM

Chris,

You are absolutely right. The common sense said to leave the money in the Bank. But, what hell we do with the passion?
When I do something like that is exactly the same felling of order a good wine.
Edson

osirisMMII · July 12, 2002 9:00AM

Hey Chris and Edson - you may have noticed that same 1974 Kennedy several other times on Teletrade. There is a person that puts a number of high-grade/low pop modern coins on Teletrade and sets a ridiculous buyback $ on them in order to drive the prices up. It's been going on for at least several years. Interesting little game but I'm sure it must be paying off!

misterR · July 12, 2002 12:43PM

What do you think about this one? Check the date of the auction. Has the grading become more strict? 1976-P Type 1 PCGS 65 Ike

cladmaker · July 12, 2002 1:22PM

MisterR,
you are so right with the example of the 1999 T.T. ms 66 IKE auction.
Most of the older holdered ms 66 or even ms 67 Ikes graded 2 or 3 years ago and before would not stand up to the strict grading today!!! I certainly would not crack out one of them and send it in raw.
I have experienced coins that used to grade ms 65 and ms 66 now coming back ms 64 and ms 65

This is probably a good thing by not loading the pop's up to much in the higher grades!! and keeping more stability to the market price of Ike's.

cladmaker

My 1976-p pcgs ms 65 IKE

jcping · July 12, 2002 2:19PM

After I saw the TT (Auction 1252 • Lot 1869 • Monday, December 27, 1999) 1976 T-1 MS66 PCGS Ike dollar, I feel much better now since thought I am not very happy with mine, mine is 100 times better than the TT one.

braddick · July 12, 2002 6:26PM

From what I understand these are being made quick enough to meet the demand.
It is the 71-P's and the 72-P's that I believe will always remain difficult to locate in true GEM MS65, no matter how hard Dealers and Collectors hunt them down.

jcping · July 13, 2002 3:29AM

This is what I consider nice 76-P Type one MS66 Ike dollar.

http://www.teletrade.com/coins/lot.asp?auction=1223&lot=1541&imagetype=j

grip · July 13, 2002 8:00AM

Nice coin.Link.Al1976MS66 T-1

Drizzt · August 7, 2002 6:31AM

Here's the original thread.
Still think 320 is too much.

Drizzt · August 28, 2002 12:29PM

I knew $320.00 was too much.
Just got one for $150.00.

dbldie55 · August 28, 2002 12:35PM

I am almost sure it is the same one.

Drizzt · August 28, 2002 12:49PM

Most likely--Gotta see in person, probably next Monday.

dbldie55 · August 28, 2002 12:52PM

If it was lot 1835, it is. The seller was listing it again on the B-S-T forum.

misterR · August 28, 2002 1:01PM

You are right dbldie55, same coin now at a more reasonable price. Should stay sold this time. Congrats drizzt.

Drizzt · August 28, 2002 1:42PM

Yup-1835

We'll see how it matches with the rest of the set first MR

76 T1 for $320?

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