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Pricing Pop. 1 coins

BruggsBruggs Posts: 449 ✭✭
in PCGS Set Registry Forum
Does anybody have a theory or a formula (?) for pricing a population 1 coin? Just sitting here thinking about it. For example: You send a 1961-D Jefferson to PCGS and it comes back MS 63 FS. Certainly to a FS collector this coin would be very desireable. None have ever been certified. Would the 63 grade keep it from a huge premium or would the fact that it is full steps be the determining factor. Would this 63 FS coin still "rate" the same as a 65 no step coin in the registry?

Thanks..............
Bruggs

Comments

  • michaelmichael Posts: 9,524 ✭✭
    within my speciLITIES i could price pop one coins for you i need to see the coin in person in its respective holder to give you pricing though

    great question

    sincerely michael
  • NIckelCollectorNIckelCollector Posts: 441 ✭✭
    Bruggs:

    Personally I believe aMS63FS would command a significant premium. There are several FS collectors who are trying to finish a FS collection. If you have one for sale I know someone who is interested.image

    Frank
    (The Corso Collection) Always looking for high quality proof and full step Jeffersons - email me with details

    My Jefferson Full Step Variety Set (1938 - Current)

    My Jefferson Proof Variety Set (1938 - Current)
  • BruggsBruggs Posts: 449 ✭✭
    Frank,

    Don't have any 61-D's. Never found any with even a couple of steps. However, two 1968-D's are heading to California to see what PCGS thinks about them.

    Bruggs
  • CarlWohlforthCarlWohlforth Posts: 11,074 ✭
    The first cameo mercury dime I saw for sale was a PR 64 Cam. It didn't go for that much of a premium. I guess everybody was waiting/hoping for a higher grade.
    Carl's Coins website w/ links to Carl's auctions
  • GerryGerry Posts: 456 ✭
    There is an old saying on Wall Street: "The market knows." I believe that applies to coins also. The auction route almost always lets you know what the (coin) market is thinking.

  • goyankeezgoyankeez Posts: 357
    IMO All "designated" coins (FS, DCAM, FBL) in pop 1 will command an significant premium. It doesn't matter what the other non-designated coins are. These coins (designated) exist in their own little world with their own populations. The pricing of these coins and any pop 1 coin is up to the market. I think some determining factors are age of the coin and popularity of the series.

    In the PCGS price guide, a 1953-S 62FBL Franklin is $375, a 66 is $325. The FBL still edges out the non-FBL in price, eventhough there's a difference in 4 MS points. BTW a 66 FBL is listed at $50,000. A pop of 2 (32 FBLs total for that year).

    A final thought: The designation is the ULTIMATE determining factor.
    Check the prices for DCAMs compared to CAMs compared to brilliants.
    "Buy the coin, not the holder"

    Proof Dime Registry Set
  • merz2merz2 Posts: 2,474 ✭
    I have always said a "pop 1" coin would command a premium if in a large auction.
    Don
    Registry 1909-1958 Proof Lincolns
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    My theory: Pop.1's are at least five-figure coins. It's just a theory. image
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