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Take the PCGS Challenge!

jtrykajtryka Posts: 795 ✭
in U.S. Coin Forum
I sent in a few common moderns with my last submission, and decided to have a little fun with them. I am selling two of them on eBay, but as a challenge to slab collectors, I am only allowing bidders to see the coins, not the slab. I doubt they will sell for much, but I am just hoping for newer collectors to see them and think about what they are doing. Here are the links:

Kennedy
Jefferson

Of course I don't expect this to have any impact on the number of folks bidding up prices for moderns just because they have a particular number on the slab. image

Comments

  • PlacidPlacid Posts: 11,299 ✭✭✭
    I bid on the junk..I mean coins image
  • jtrykajtryka Posts: 795 ✭
    Thanks placid, you're probably all right as long as you don't bid over $100! imageimageimageimage
  • jakemrjrjakemrjr Posts: 98 ✭
    shoot, I had my max at 3.00. I was outbid... I'm coming back image

    Edited to add:

    Well I went up to $6.00 and I'm out. (Isn't that sad????)
  • RussRuss Posts: 48,514 ✭✭✭
    Excellent listings.image I don't know diddly about Jeffersons, but my hunch is that the JFK did about MS64.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • PlacidPlacid Posts: 11,299 ✭✭✭
    $100 image I didn't bid over 100 cents.
  • presleyhpresleyh Posts: 516
    that kennedy looks a little rough. ms-63?
  • jtrykajtryka Posts: 795 ✭
    Placid, that Kennedy is a bargain at any price! I think it might actually be my lowest pop coin image
  • RGLRGL Posts: 3,784 ✭
    JT: The Mint owes you some coin for shipping a proof set with that lousy of a Jeff proof. DCAM, but if those marks/haze are on the coin rather than the holder, I would not give that puppy a PR-66, but it probably got a PR-67. And, if it somehow got a PR-68, I am ready to start grading at Newport Beach if they match what I make now with a healthy adjustment for the Southern California cost-of-living!
    The Ludlow Collection (DCAM/CAM)
    The Ludlow Brilliant Collection (1938-64)

    image
  • jtrykajtryka Posts: 795 ✭
    RGL, Don't get me started on the mint! Did you hear that IU was rated the #1 party school by the Princeton Review? Just came out.

    PS-I hope you like sunny weather and salty air!
  • RGLRGL Posts: 3,784 ✭
    What's that, JT! I was too busy grabbin' another beer at Nick's and then staggering through Dunn Meadow ... just inter my body somewhere near Assembly Hall! image
    The Ludlow Collection (DCAM/CAM)
    The Ludlow Brilliant Collection (1938-64)

    image
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭
    This auction sounds like fun! The Kennedy looks MS64 or MS65 to me, but who knows? Blown up scans can be deceiving.
    I sincerely hope eBay allows this type of auction? It borders on a lottery.

    peacockcoins

  • SealypSealyp Posts: 102
    Okay, got my bid in. But I was already beat out and I sure ain't going no higher without seeing the grade! I mean shesh! It could be anything, how are you supposed to know if you want it if you can't see the slab?

    SealyP
    ANA certified PCGS slab grade reader.
    COINS FOR SALE
  • BBNBBN Posts: 3,761 ✭✭✭
    Interesting auction

    Positive BST Transactions (buyers and sellers): wondercoin, blu62vette, BAJJERFAN, privatecoin, blu62vette, AlanLastufka, privatecoin

    #1 1951 Bowman Los Angeles Rams Team Set
    #2 1980 Topps Los Angeles Rams Team Set
    #8 (and climbing) 1972 Topps Los Angeles Rams Team Set
  • abmluceabmluce Posts: 592
    great idea, just bid on the nickel ! good luck
    give me liberty or give me death
    my hotelsimage
  • RGLRGL Posts: 3,784 ✭
    OK on the salty air, but I prefer the Pacific NW from my visits there! How about IUCGS? If you do not like your grade, we come to your home and grab you by the shirt and/or throw your La-Z-Boy across the room, your choice! Or, if you a non-violent type, we can cuss you for your disagreeing with our calls until you can take no more and throw us out ...
    The Ludlow Collection (DCAM/CAM)
    The Ludlow Brilliant Collection (1938-64)

    image
  • jtrykajtryka Posts: 795 ✭
    LMAO RGL! As for these auctions being allowed by eBay, there is nothing against eBay policy, it would be the same as selling a raw coin, what you see is what you get. It's only a lottery if you are buying th slab and not the coin, which is exactly what I am attempting to encourage all collectors NOT to do! image
  • jtrykajtryka Posts: 795 ✭
    ttt - That half is getting dangerously close to my cost of slabbing it! image I think I've received almost as many e-mails from eBay bidders on these two as replies on this post, all of them positive so far.
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭
    Ok, sounds good to me. I'll play!

    peacockcoins

  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Cool! An xx97 coin! One of my favorites! I wonder how much mine would sell for if I hid the grade.
    Change that we can believe in is that change which is 90% silver.
  • Catch22Catch22 Posts: 1,086 ✭✭
    Ha Ha Ha Ha...I love it! You have just confirmed what I have always thought...PCGS plastic has a market value, irregardless of what's in it or what it grades.


    When we are planning for posterity, we ought to remember that virtue is not hereditary.

    Thomas Paine
  • MonstavetMonstavet Posts: 1,235 ✭✭
    I see the humor in what you are doing, but you are incorrect if you think people are bidding like madmen for 2002 Jefferson proof in any grade. The Kennedys do seem to bring out some wild numbers once in a while, but not usually the case with the Jeffersons. If you are going to bash moderns, fine, but understand that it is not all madness - maybe just mostly madness...
    Send Email or PM for free veterinary advice.
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭


    << <i>Ha Ha Ha Ha...I love it! You have just confirmed what I have always thought...PCGS plastic has a market value, irregardless of what's in it or what it grades. >>


    Watch you talkin about Willis?

    peacockcoins

  • supercoinsupercoin Posts: 2,323 ✭
    From your auction listing... I must admit that I still have no understanding of the mania over modern coins in slabs selling for huge sums of money.

    Fair enough, but hopefully you can see there is a significant difference (aside from the mintmark) between your 1997 half and Dog97's?

    Hint: The Dog coin isn't. image
    imageLibertarian Party
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Mint mark is same. Only the numerical grade is different.
    Change that we can believe in is that change which is 90% silver.
  • jtrykajtryka Posts: 795 ✭


    << <i>Watch you talkin about Willis? >>

    LMAO!!!

    A for the difference, I can plainly see that Dog's coin is a lot nicer than mine, but don't ask me to assign a number, much less a value. I don't really know moderns very well as I don't collect them, except for my sets in Dansco albums. About the only exception I would place on what I see as slab mania it the Kennedy series. Not that I am crazy for the design, but that at least there are some more sane mintage figures. Case in point, less than 20 million 1999 halves minted between Philly and Denver, compared to what, like 4.4 billion state quarters? That's just nuts.

    As a classic collector, I would pay $0.50 for my coin, and probably $10 for Dog's coin (no offense Dog). Take the difference in my prices and whatever the going rate is for modern collectors, and then you will see the size of the gulf that stands between Classic and Modern collectors understanding each other. Note I used the word understanding, not respecting, as I believe we should, no we must respect each other even if we don't understand each others likes and preferences in collecting.
  • supercoinsupercoin Posts: 2,323 ✭
    Dog, oops looked like a "D" in the photo -- I'm not fit to be a modern collector any more! image

    Note I used the word understanding, not respecting, as I believe we should, no we must respect each other even if we don't understand each others likes and preferences in collecting.

    If you say so. Gotta go now -- need to put up an eBay auction with a raw 1916-D Mercury and see how many classic collectors will bid without seeing the reverse. image
    imageLibertarian Party
  • jtrykajtryka Posts: 795 ✭
    You do know where the D is on a 16-D merc don't you? After your Kennedy mm trouble, I'm just lookin out for you! image
  • jtrykajtryka Posts: 795 ✭
    For those of you who care, these auctions end in about an hour, and after they close I will post the PCGS Grades. I think most of you will be surprised.
  • wallstreetmanwallstreetman Posts: 2,938 ✭
    All right, a grab bag auction!
    You can fool man but you can't fool God! He knows why you do what you do!
  • CarlWohlforthCarlWohlforth Posts: 11,074 ✭
    It is as much of a lottery as buying a raw coin is!

    I see no problem with it.

    My guess on the Jeff? 68 DCAM.
    Carl's Coins website w/ links to Carl's auctions
  • PlacidPlacid Posts: 11,299 ✭✭✭
    PR68 cam for the nickle.
    MS64 for the half.
  • jtrykajtryka Posts: 795 ✭
    Carl has a good eye, at least by PCGS standards, the nickel is PR-68 DCAM, while the half is MS-65. image
  • PlacidPlacid Posts: 11,299 ✭✭✭
    How did you do? Get your grading fee's back at least?
  • jtrykajtryka Posts: 795 ✭
    Between the two, I made back excactly my grading fees plus 14 cents!
  • PlacidPlacid Posts: 11,299 ✭✭✭
    So you really lost money with eBay fees? image
  • jtrykajtryka Posts: 795 ✭
    Well, I probably lost a couple buck on eBay fees, plus tha value of the coins themselves, but it's worth it to be able to spread the "Buy the coin, not the slab" gospel!
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Mine was a Highest Graded MS-67 pop 5/0 when I bought it for $33.
    Now there are many MS-67 and a $900 MS-68.
    See the $867 difference?
    Change that we can believe in is that change which is 90% silver.
  • supercoinsupercoin Posts: 2,323 ✭
    Yep, I see it! However, I like the $15 difference between his MS65 and your MS67 better. image

    The cool thing about many moderns is that there's a huge "money" grade, and since so many coins are submitted going for that grade, there is a glut at one lower grade -- which often drives the price down to absurdly cheap levels compared to the effort and cost in finding and certifying one.

    Thank your local Registry Set collector today! image
    imageLibertarian Party
  • jtrykajtryka Posts: 795 ✭
    Speaking of absurdly cheap, for the price of one MS-68 copper nickel 97-P Kennedy (not worth the copper and nickel it's made from) I can buy a really nice 1912 Saint in MS-63, or a 1916-S in MS-64, or an 1898 $20 Lib. in MS-61, or a 1905 $20 Lib in MS-60, or a whole host of Indian eagles in MS-63. Yeah, I see the $833 difference, and reminds me of a quote by the man who's image graces the obverse of the Bridgeport half.

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