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#1 Regestry Set for sale on Ebay

#1 Modern Proof Set (Not My Set)

#1 Regestry Set
Bill

The only thing necessary for evil to triumph is for good men to do nothing.

Comments

  • ToneloverTonelover Posts: 1,554
    Your ebay ad is very nicely done.
  • braddickbraddick Posts: 24,148 ✭✭✭✭✭
    Stunning set!
    Good luck with the sale. I'd think the BIN would trigger a buyer soon. To replace these coins would be next to improbable and would certainly cost more.

    peacockcoins

  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Nice set Bill,
    I just wish i had an extra 15 grand sitting here...
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • Hold on everybody..............

    THIS IS NOT MT SET.............

    I was just bringing it to the attention of the board in case there was any interest and for everyone to say goodbye to another registered set.

    Sorry for the confusion....
    Bill

    The only thing necessary for evil to triumph is for good men to do nothing.
  • relayerrelayer Posts: 10,570

    The set probably isn't leaving the registry, it will just have a new owner.

    Why not you?image
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  • dbldie55dbldie55 Posts: 7,732 ✭✭✭✭✭


    << <i>The set probably isn't leaving the registry, it will just have a new owner.

    Why not you?image >>



    Do you really want to know?
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • braddickbraddick Posts: 24,148 ✭✭✭✭✭


    << <i>

    << <i>The set probably isn't leaving the registry, it will just have a new owner. Why not you?image >>

    Do you really want to know? >>



    No.

    peacockcoins

  • DITTOimage
    Bill

    The only thing necessary for evil to triumph is for good men to do nothing.
  • leothelyonleothelyon Posts: 8,466 ✭✭✭✭✭
    Though, interestingly enough, what is the weight and value of the three metals combined in the set? My estimate is close to 7 grand. Is there a math wizard amongst us who can do the tally? Maybe it should have been listed in the ad?

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • TWQGTWQG Posts: 3,145 ✭✭
    I think its more like $2500 in base metal, but I am no math wiz.
  • dbldie55dbldie55 Posts: 7,732 ✭✭✭✭✭
    According to what I come up with, the $10 coins have 2.41875 oz, the $5 have 4.8374 oz. for a total of 7.25615 oz of gold. I have that listed at $314/oz or $2,279.16.

    The 47 $1 have 36.35168 oz. of silver at todays $4.66 is $169.40

    This totals $2,448.56 (there is one silver half, at least I think the 1982 is the only silver half)

    Someone is free to tell me I am wrong, I just pulled the numbers from the red book and used the current Kitco values.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • relayerrelayer Posts: 10,570
    Using the specs from the US mint SLC commemoratives
    Metal composition of the coin is 90% gold and 10% alloy; the weight is 8.359 (± 0.042) grams.
    Metal composition of the coin is 90% silver and 10% alloy; the weight is 26.730 (± 0.400) grams.

    and the following assumptions

    a) The metal content is the same for all in the series
    b) The $10 coins have twice the gold as the $5 gold coins
    c) The $10 Library has 8.359 grams of gold and 8.359 grams of platinum (same as a $5 gold coin)

    8.359 * .9 = 7.5231 grams pure gold. * 20 = 150.462 / 28.35 grams per ounce = 5.30 ounces gold.

    16.718 * .9 = 15.0462 grams pure gold * 5 = 75.231 / 28.35 grams per ounce = 2.653 ounces gold.

    8.359 * .9 = 7.5231 grams pure platinum * 1 = 7.5231 / 28.35 grams per ounce = 0.265 ounces platinum

    26.73 * .9 = 24.057 grams pure silver * 47 = 1130.679 / 28.35 grames per ounce = 39.882 ounces of silver.

    $5 Gold coins = 5.30
    $10 Gold coins = 2.63
    Total gold = 7.93 ounces

    $1 Silver coins= 39.882 ounces

    Platinum = 0.265 ounces

    7.93 * $314.10 = $2490.81
    39.882 * $4.66 = $ 185.85
    0.265 *$550.00 = $ 145.75

    Total $2822.41

    Amazing that people will pay a premium for a metal after it's been inserted in a press, and an even bigger premium if that metal is encased in plastic.

    Maybe the PCGS motto should be "There's one born every minute" ?

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  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    WAY TA GO RELAYER...

    i couldnt have done better my man image
    image

    Go BIG or GO HOME. ©Bill
  • Very nice indeed!

    One question? Why do all of the pictures have the PCGS # blanked out? Generally that is left in, which is a good way to check the authenticity of the coin.

    Also, they do the same thing on the pictures inside the registry set also.

    What gives?

    Should I put my thumb over the seriel number when I show my friends a coin? image
  • barrytrot,

    The cert numbers are not shown to prevent them from being hijacked and used in a registry set by someone who does not own the coin. When someone registers a set there is no proof of ownership required by PCGS, all a collector has to do is provide the cert number to get a coin in his set. The only way to get caught is if someone else has that coin registered in another set and there is a conflict. We all know the number of certified coins registered is tiny compared to how many are out there.

    So it would be possible for someone to register a set where he own's none of the coins or just add a few fantasy upgrades here and there.
    Bill

    The only thing necessary for evil to triumph is for good men to do nothing.
  • psxchellypsxchelly Posts: 568 ✭✭
    Some sellers do it because people have been known to take the cert numbers and put them in there OWN sets....

    dont think its silly. its been done in the past.
  • psxchellypsxchelly Posts: 568 ✭✭
    Some sellers do it because people have been known to take the cert numbers and put them in there OWN sets....

    dont think its silly. its been done in the past.
  • Ok, but how would someone "steal" your numbers?

    For one thing, if they're in your set no one else can put them in theirs, right?

    Also, if you have the #1 set like this guy, I'd think that he would notice if someone showed up with a duplicate set image

    Sure, if you have 90% average coins and 1 or 2 Awesome ones you may not notice if someone scalped a top coin but I can't believe this guy wouldn't notice if someone jumped him.
  • barrytrot,

    But if you sell the coins they can no longer be in your registry set. When you sell them the buyer will not always be a registry participant. Someone who views the auction can then write down the cert numbers and enter them into his registry set even though he does not own them.
    Bill

    The only thing necessary for evil to triumph is for good men to do nothing.
  • Ah, Billman, now that makes sense!

    Ok, now I'm going to go through my set of MS61-MS63 Franklins (non FBL) and make sure no one swipes one of the numbers image
  • relayerrelayer Posts: 10,570
    First the buyer would contact the seller saying "I can't register these"

    The seller would say "But I unregistered mine"

    The buyer would have to provide PCGS with proof that they now are the owner and after a couple of months it would probably get straightend out. image

    The cert number is unique information. And as with any information you share with everybody who has a computer connected to the Internet you should always be aware of how someone could use it. image
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  • PQpeacePQpeace Posts: 4,799 ✭✭✭
    ttt
    Larry Shapiro Rare Coins - LSRC
    POB 854
    Temecula CA 92593
    310-541-7222 office
    310-710-2869 cell
    www.LSRarecoins.com
    Larry@LSRarecoins.com

    PCGS Las Vegas June 24-26
    Baltimore July 14-17
    Chicago August 11-15
  • leothelyonleothelyon Posts: 8,466 ✭✭✭✭✭
    Another reason to shroud the numbers is to prevent someone with a forged receipt to lay claim on your coins. I asked ANACS for a certification number on a coin once and they wouldn't give it to me. Another instance while at a big coin show I'll have a few coins with me to present to dealers or in this case, a collector who started to jokingly harrass me on whether this coin actually belong to me and I didn't like his attitude and told him if he'd like to see the receipt. He gave the coin back, laughed and walked off.
    So ya, the numbers are no-one elses business other then your own and carry be sure to have proof of ownership.

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • Well number or no numbers this set didn't get what they were aiming for. I guess a number one rating isn't priceless after all!
  • TheNumishTheNumish Posts: 1,628 ✭✭
    Having graded a lot of modern commems and having sold a lot of these on ebay I must say this set doesn't do much for me and can be easily reproduced. A proof-69 deep cameo is a common coin. I only saw 1 proof-70. I didn't add up the numbers to figure if it's being sold at a good price.
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