1975-S Jeffs PR69DCAM

homerunhall

Two days ago RGL posted a thread asking about the sudden jump in the Pop of 1975-S Jeffs PR69DCAM from 82/0 to 173/0. The dealer who made the coins called me and said the jump was correct and he had made the coins.

This can happen with some of the modern issues. It is not unusual for a dealer to submitt 200, 300, even 500 or more of the same issue. There will be occasional times when Pops jump, even double.

David

DCAMFranklin

ttt

Strat

Thanks for the info.

jonesy

Wish the dealer had gave them out at halloween.
Glenn

SethChandler

What's it worth?

RGL

Gads... Well, the jaws of the folks who paid $170 to $230 as little as a month ago just hit the floor. One of the more dramatic instances of a modern pop increasing dramatically in one fell swoop ... more than doubling with one submission. Based on the now very-similar pop of the 1976 in same grade, this was just rendered a $40 coin...

TWQG

Reason #52 to drop your modern issues while you still can.

cladking

<< <i>Reason #52 to drop your modern issues while you still can. >>



If increasing pops scares you then you should stay away from moderns.
...and the first 51 reasons have been shot down more times than anyone
cares to remember.

TWQG

Speaking from someone who was offered this issue for $225 less than 60 days ago from one of our leading plastic pimps, I know what I'm talking about. I collect this series and wouldn't touch this one at $100 with your ten foot pole

MrEureka

David -

Glad you responded and set the record straight.

While you're here, just curious, and I'm only asking you because you would know better than anyone, what percentage of the 1975-S Jeffs still in the original proof set holders would you expect to grade PR69DCAM?

cladking

I'm hardly an expert on these coins, and it would be great to see some
more responses to this question, but I'd guess it's in the three to four
percent range. On the companion thread, it was suggested that it was
much higher than this. Much of what would stop the coins from attaining
these grades will be the DCam, there is also some marking on this date.

These could be a horde that someone accumulated for many years or they
could be cherried from a very large puchase. I've seen bag sets of proof
nickels change hands at the wholesale level. The coins had been neither
cherried nor culled.

TWQG

Reason #38-- your coin depreciates faster than your vehicle.

BTW-1973 pops made the same 'type' of jump.

cladking

<< <i>Reason #38-- your coin depreciates faster than your vehicle.
>>




The only thing with a higher average increase than SOME populations
is the aggregate demand for ALL of these coins.