Stumbled onto an invoice I wish were mine.

DHeath

Go take a peek at 341034 . There are 69 coins and 47 are PR69 Dcams, all the others are PR68 Dcams. The submitter must have a great eye. What's interesting is what didn't make 69.

Russ

Excellent! I didn't even know they'd posted my grades!

Russ, NCNE

RGL

Russ, as he typically does, boosted my line by four minutes!

coynclecter

So whats so hard to see here. Some dealer bought a bunch of proofs, cherried the best and will sell off the rest to his clients who "trust him"

Why anyone would pay a major premium for a 2002 proof anyway?? Common is an obvious understatement.

Russ

RGL,

Yeah, I'm pretty quick for an old guy.

You know, I'm wondering. Didn't Marty have a big submission in?

Russ, NCNE

DHeath

Coyn,

They won't realize much if any premium, but still that's a pretty big invoice to contain NO clunkers. Cherried is right, I don't believe most of the sets were that nice. Mine wasn't.

Russ

<< <i>I don't believe most of the sets were that nice. Mine wasn't. >>



My first set was bad, but I managed a 69DCAM on the Kennedy, which was the only one I really cared about. Of course, I had to dip it since it was hazed over. The state quarters sucked a big one, couldn't get enough of the crap off to even bother submitting them.

My second set is even worse then the first. It's going back.

Russ, NCNE

coynclecter

Assuming you have the ability to tell which one is better than another. I would assume a dealer with 1000 sets could pull out 200 coins. Then send in the top 20% of them and continue to submit 10-20 at a time in diminishing quality until he starts getting back too many 68's.

Is it that difficult for a collector to look through a couple of dozen at a show and buy the best. Do they need to pay the extra for the Slab? Or is it the only way the collector can get the better ones because the cream has already been put aside before they get to the bourse floor?? frankly I don't know. I do know from 40 years of coin history that prices are almost always lower 5 years after release than they are when first released and I would assume this will also be the case.

Russ

<< <i>history that prices are almost always lower 5 years after release than they are when first released >>



With these, it's more like 5 minutes. Take the 2002 Clad JFK, for example. Those that had 69DCAMs listed right out of the gate were reaping about $45 a crack. Now under $20 and still dropping.

Russ, NCNE

mnmcoin

What is interesting is the 11 day turnaround on this invoice, did someone actually pay $25 for each of those coins to be graded.

mo <><

dbldie55

<< <i>What is interesting is the 11 day turnaround on this invoice, did someone actually pay $25 for each of those coins to be graded.

mo <>< >>



Doubt it, moderns are only $8.50 for my local dealer.

mnmcoin

<< <i>Doubt it, moderns are only $8.50 for my local dealer. >>



I wish I could get 11 day turnaround for my moderns.

mo <><

DHeath

Morris,

My last one took 12 days. Inv#340958 . Lately, PCGS seems to be pretty quick. The only problem I had was that the grade meter was stuck on PR66.

Coynclecter - I don't disagree.

Steve27

Morris,

Those are the same dates for my submission, so my guess is that PCGS just isn't very busy.


Now if you want to see an interesting submission, I accidentally stumbled on to this one 340134; do you think it was copper plated.

DHeath

Very cool. I wonder if the submitter had doubts.

mnmcoin

That sucks, I've had a economy submission...$5 more per coin...since the 6th and they are still not done. What gives?

mo <><