Price research on early PR-67 Jeffersons
RGL
Posts: 3,784 ✭
Wanted to share with the Jeff gang: Results of an analysis of all PR-67 1938-1942 Type 2 Jeffs appearing on Teletrade and in Heritage auctions from early 2001 to date:
1938 (122/5), 7 appearances: $238 average price; $180 to $299 range.
1939 (93/5), 6 appearances: $392 average price; $320 to $495 range (excludes $2,415 Heritage example).
1940 (77/0) 17 appearances: $340 average price; $240 to $529 range.
1941 (57/1) 9 appearances: $336 average price; $261 to $437 range.
1942 Ty. 1 (221/0) 15 appearances: $129 average price; $80 to $305 range.
1942-P Ty. 2 (235/4) 19 appearances: $285 average price; $210 to $380 range.
Observations: Prices on all coins, except 1942 Ty.1 (which might be expected given the population) generally were gradually increasing across the time period studied. I found it worthy of note how rarely the 1938 and 1939 appeared, with the lower pop 1940 and 1941 even posting more appearances. While based on only six appearances, the 1939 is overvalued or the 1940 and 1941 undervalued given their populations. Perhaps the 1939 carries a premium as the lowest-mintage proof Jeff. Price for the 1942-P, based on its population, obviously is sustained by demand for the date as a one-year proof type.
1938 (122/5), 7 appearances: $238 average price; $180 to $299 range.
1939 (93/5), 6 appearances: $392 average price; $320 to $495 range (excludes $2,415 Heritage example).
1940 (77/0) 17 appearances: $340 average price; $240 to $529 range.
1941 (57/1) 9 appearances: $336 average price; $261 to $437 range.
1942 Ty. 1 (221/0) 15 appearances: $129 average price; $80 to $305 range.
1942-P Ty. 2 (235/4) 19 appearances: $285 average price; $210 to $380 range.
Observations: Prices on all coins, except 1942 Ty.1 (which might be expected given the population) generally were gradually increasing across the time period studied. I found it worthy of note how rarely the 1938 and 1939 appeared, with the lower pop 1940 and 1941 even posting more appearances. While based on only six appearances, the 1939 is overvalued or the 1940 and 1941 undervalued given their populations. Perhaps the 1939 carries a premium as the lowest-mintage proof Jeff. Price for the 1942-P, based on its population, obviously is sustained by demand for the date as a one-year proof type.
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Comments
Pete
Here is the current PCGS price guide numbers, followed by the average price you showed, and a percentage of the PCGS price.
1938 - $385, $238, 62%
1939 - $475, $392, 83%
1940 - $485, $340, 70%
1941 - $475, $336, 71%
1942 - $200, $129, 65%
1942-P - $450, $285, 63%
Looks like for these dates/grades PCGS is not far off since their numbers are supposed to represent dealer ask prices.
Did your prices factor in the buyer's commisions?
Ken
The Ludlow Brilliant Collection (1938-64)