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Russ, can you buy the '95 Silver for $88?

DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
in U.S. Coin Forum
Russ-
Wasn't that you just yesterday, saying the following:

"Oh, and you cannot buy the 95 silver in 69DCAM for $85 unless you get very, very lucky. Average selling price on your venue of choice-eBay-over the last 90 days is over $100, and reaching as high as $130."


Russ' new '95 Silver DCAM

Here it is, just 1 day later, and you are buying the coin for just $88. CONGRATULATIONS on your new acquisition! Aren't you happier owning the coin in 69, rather than that 2nd rate 68? Russ, you weren't very, very lucky. The Populations are screaming up and as I said yesterday, there just aren't enough new collectors to purchase existing supplies. A total of 370 '95 Silver Kennedy halves have been submitted to PCGS. 269 of those coins have received the PR-69 DCAM grade. 32 of those 370 coins have received the PR-70 DCAM grade. That means that over 81% of the '95 Silver Kennedy halves have received a PR-69 DCAM grade or higher. What happens when over 2,000 coins have made it to PCGS?



Comments

  • BearBear Posts: 18,953 ✭✭✭
    DeepCam Franklin - Why does it take so little to make you happy?
    Let us move on to other more important issues then the price of a single coin. What I have been
    looking for these past few years is a 1995 Clad PR-70 Kennedy Half. Now tell me how to get the
    price down on that baby. In fact, forget the price, just tell me where the heck to find one. Bearimage
    There once was a place called
    Camelotimage
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Bear-
    Since the advent of PCGS' most important marketing idea since their beginning, the Registry Set, the price of PR-70 Kennedy halves have more than tripled since just 2 years ago. I can't help you with the '95 Clad, however, there will be many more to come soon. Now that PCGS has LOTS of collectors willing to pay any price to upgrade their silly Registry Sets, what you wanna bet some of the really big submission dealers will, once again, find the PR-70 DCAM on a somewhat regular basis? After next year, I think there will be more than 150 MS Silver Eagle Registry Sets. Probably 95% of those Sets will be made up of MS-95 coins. Even after all these years, there are very few MS-70 Silver Eagles, though NGC has no problem finding them. With 150 Registry Set owners clammoring for the opportunity to "upgrade" their Sets, suddenly the "favored" dealers will once again find the beloved MS-70 coin coming back from PCGS. That's my opinion.
  • RussRuss Posts: 48,514 ✭✭✭
    Perhaps you should look up the definition of the word "average".

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Russ-
    It takes a big man to admit he was wrong.........Seems you don't measure up.
  • KlectorKidKlectorKid Posts: 3,723
    hey Dcam franklin i think u should
















    SHUT UP!!
    image
  • presleyhpresleyh Posts: 516
    dcam i still believe in a country of several hundred million people a coin with a pop of 500 is not that plentiful. it may go to a pop of 2000 but we will all be old when it does. And besides look at the pop report on the buffalo commemorative. pop size isnt the only factor.
  • DHeathDHeath Posts: 8,472 ✭✭✭
    DcamFranklin,

    Despite the hosing you are trying to give Russ, the real reason the 95 Silver half is expensive is because of the relatively low mintage and high price of the 95 Silver proof set. Since the raw sets seem to sell for around $65-$75 and grading the half costs $10, I'd be willing to bet they don't ever get too cheap. You assume condition drives the price for that half, when in fact, it's the price of the raw proof set. Unless you can convince me the price of 1995 Silver proof sets is about to collapse, I think the half at $85 is a pretty good bet.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • BearBear Posts: 18,953 ✭✭✭
    When the DON speaks, the FAMILY is wise to listen.
    There once was a place called
    Camelotimage
  • DHeathDHeath Posts: 8,472 ✭✭✭
    ROFLMAO....Bear, I don't know squat. Especially about the future value of coins. All I know is as a submitter, the 95 Silver proof sets have always been relatively expensive since issue. Apparently, dealers didn't get an adequate supply in 95, and the sets have been pretty pricey since. As the silver sets of the 90's go, that set and the 97 seem to stay high. Lately (the last 90 days) the price seems to have softened on these sets. They were reaching $90 pretty regularly not that long ago. With half-million sets issued, I'd have to really stretch my imagination to believe the few hundred coins submitted to PCGS were responsible for inflating that market. Applying the same logic, I'd have a hard time believing the price of these PR69 Dcam Kennedys would fall to silly levels so long as the price of the proof sets from which they originate stay stable. I appreciate the fact that Dcam Franklin believes these coins and apparently many moderns are overpriced, and that there is a large pop of ungraded coins, but I believe the flaw in his logic as it relates to the 95 silver coin is an assumption on his part that the price of the coin is because of it's rarity in high-grade, when in fact it is because of the price of the raw coin. IMHO
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • BearBear Posts: 18,953 ✭✭✭
    The Bear is in full agreement with the DON. image
    There once was a place called
    Camelotimage
  • RussRuss Posts: 48,514 ✭✭✭
    Agreed. To quote me from another thread in which what's his name offered his opinion:



    << <i>The silvers should maintain their value in high grade as long as the sets from which they're pulled stay strong, because they have a floor of their own outside of the registry. >>



    Russ, NCNE

    eBay consignment sales | | Collectibles from Resco CCC

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