Home› PCGS Set Registry Forum

IHC/FE registry - what's hot, what's not

LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
in PCGS Set Registry Forum
Posted this in the general forum by mistake...here it is "reprinted" for the registry forum. image

Comparing the pink sheets (PS) from Winter, Spring and Fall 2002 for photosealed MS65R coins, the following trends are noted (if I had the time, I would also compare other grades - but I don't!):

Registry effect - the plain 5 1865 got left out of registry both in the basic and variety sets. PS has fallen from $4500 to $3750. If you think PCGS will reconsider, now's a good time to buy. Another registry effect was inclusion of the 1894/94 in the variety set - price up to $12,500 from $9000.

The remaining price changes are primarily due to demand and/or population changes. All the common dates ("type price") have increased to $400 from $350, the 1887 up to $1250 from $1100, 1895 to $550 from $500, 1897 to $700 from $600 and a increase of $50 each for the dates 1898 to 1900. The S mints each increased, the '08 to 1700 (from $1500), the '09 to $3750 (from $3500).

The other losers were the years 1891 to 1894, each declining by $300 each....must be a sig. pop. shift?? Anyone know of original rolls coming on the market?? The pop. comparison from 2/2000 to now (PCGS 65R) shows a significant increase in the 65R population (1891 15%, 1892 30%, 1893 22%, 1894 7%).

A often overlooked area is the Type prices on the PS. A big jump occured for the MS66 1859 Indian, from $5500 to $8000. This jump occured based on actual sales, not theory. The MS67 price for CN IHC's jumped to $8000 from $6500, again based on actual sales (auction prices realized). Registry effect?? In the bronze series, type prices for MS65R from $350 to $400, MS66R to $1500 from $1200, 67R to $5000 from $4000.

The prices are out of 70 coins/varieties listed in the pink sheet. 47 prices are unchanged.

A final note. Price sheets reflect history. They don't tell what's happening currently, nor do they predict the future. A good example is the PS price for a 1858/7 MS64 of $20,000. They are currently being offered/selling well above that price, so don't expect to be able to buy at PS prices for "hot" coins. (By the way, the 1996 PS price was $8000!)

-------------------------
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.

Comments

  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Want to know what's hot?? Check out the Shylock 1872 MS65RB on ebay - over $4300 with 6 hours to go...will be fun to see what it closes at. It looks to be a monster coin destined for a high-end set.

    The 1872 is one of the coins I refer to as a "set stopper", the sort of coin that limits the number of top-notch sets that can ever be put together. Check it out before it's gone...

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1387911891&rd=1
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • goose3goose3 Posts: 11,471 ✭✭✭
    an exciting last 60 seconds......congrats paul!!!!!!!!!!!!!!!
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Boy goose....your fast.....congrats ditto to Shylock on the 1872!
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • goose3goose3 Posts: 11,471 ✭✭✭
    I was watching and hoping for Paul's sake that the one guy got outbid.
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Hope your not referring to me......image He did have quite a string of negatives, eh??
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • goose3goose3 Posts: 11,471 ✭✭✭
    some of those were pretty bad! What was that one.......a 9,000.00 coin!?
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    It was a 57-s liberty gold piece.....MS60....one of many negative feedbacks for tealshark5....one never knows.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    Check out the buyer that finished second, what he has purchased. Nice coins.
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    I should hope to shout....wowimage
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • shylockshylock Posts: 4,288 ✭✭✭
    Missed this thread...thanks for giving the coin a push guys and I hope it finds a nice collection to call home. $850 over current Pink Sheet and it still may be a bargain. I'd be remiss not to mention it was originally purchased from Rick Snow (Eagle Eye).

    Tim's market report was very interesting and a lot of work. I responded on the other forum where it was first posted. Valuable info that belongs there as much as here.

    Paul <> altered surfaces <> CoinGallery.org
  • RonyahskiRonyahski Posts: 3,117 ✭✭✭✭✭
    What does "photosealed" mean?
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    It means it has passed Rick Snow's eye as pq for the grade, he puts a little sticker on the slab and sends you a plactic card with a photo of the coin in its holder. Rick owns Eagle Eye Rare Coins. Eagle Eye

    Here's a link to one, card is on the left, coin right.Link
  • RonyahskiRonyahski Posts: 3,117 ✭✭✭✭✭
    Thanks Mike, always something to learn at the forum.
    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    2 other points - photosealed coin theoretically can be sold back to EERC for at least 75% of then current Pink Sheet (assuming they need the inventory) and often commands a premium in the market place. When I see a PS coin up for auction, it's reassuring to know that a IHC/FE specialist agrees the coin is PQ and properly graded, this often leading to more spirited bidding (darn it!)image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    The purpose of the Photo Seal originaly was to be able to make a bid without being offered the junk coins on the market. At the time, sight unseen bids had much more market power than they do today.

    As time went on, the other dealers started using my Pink Sheet (Pink Sheet link) to sell non-photo sealed coins, or as a reference to sell their coins against. I've even found that some dealers use it to buy coins out from under me, by saying "Look, Rick's bid is only this:... (75% of the listed price).. I'll pay you more." However, I pay stupid money for really nice coins. I recently paid $25K for a MS64 1858/7 PCGS where my retail price is only $20K. Sure, the darn thing didn't upgrade...yet. It's certainly nicer than the NGC MS65 being offered for $35K. Who knowns what an "all there" MS65 is worth! Maybe $100K is not out of sight for THE right coin.

    The other reason for the photo seal is to help collectors learn how to grade consistently. Nowadays, you have to know whats overgraded, correctly graded, undergraded. By looking at coins in a typical dealers case you can't really tell. You need to look at many coins with a consistent grading criteria. Photo seals tend to be very consistently graded. Sure there are a few lower end ones, but they usually get colletcor demand at auction, and thats what counts.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • michaelmichael Posts: 9,524 ✭✭
    this coin to me is one of if not the finest known 1863 cn cent

    ms66 pcgs coin it is a 66.9/67 coin and the photo is not great and the lighting is not good and the coin is lightly toned and superb

    sincerely michael

  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Michal:

    Send it on out - looks great. How much?image


    Rick:

    Thanks for the update on the PS program - also, if you have coins you want photosealed, Rick will do it for a nominal fee.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭
    Paul's 1872 will probably end up in a MS66RB holder.
    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
Sign In or Register to comment.