1973-76 high-end Jeff proof pops booming... watch your $
RGL
Posts: 3,784 ✭
In less than two months, the pops for PR-69 DCAM Jeffs have begun to take off:
1970: no change (24)
1971: + 3 (6)
1972: no change (20)
1973: + 43 (76)
1974 + 37 (99)
1975: + 99 (173) -- this was the one that doubled overnight with one bulk dealer submission.
1976: + 34 (199)
There doubtless are many more to come and the 1973-75 coins cannot be considered worth the premiums they once brought.
1970: no change (24)
1971: + 3 (6)
1972: no change (20)
1973: + 43 (76)
1974 + 37 (99)
1975: + 99 (173) -- this was the one that doubled overnight with one bulk dealer submission.
1976: + 34 (199)
There doubtless are many more to come and the 1973-75 coins cannot be considered worth the premiums they once brought.
0
Comments
Russ, NCNE
for nickels will skyrocket and they want to have the "product" to sell. There
are likely to be further such submissions as demand ratchets upward. This
should not surprise anyone that as interest and demand gets stonger for
moderns there will be coins getting graded.
1970: 26
1971: 10!
1972: 23
1973: 76
1974: 100
1975: 177 -- this was the one that doubled overnight with one bulk dealer submission. (DHRC?)
1976: 207
edit to add that I'm convinced of the shift in grading standards and it's not only this series that suggests it.
Russ, NCNE
i feel the 1969, 1970 and 1972 dates will be a bit tougher with no quick rise. 1972 may increase slightly, but not the other two. i currently have one of each ready to submit for my set, but i may hold off. the 1969 has a hairline in front of the nose but the best reverse i've seen for the date. the 1972 has a small hairline close to the lettering in front of the forhead and the 1970 has questionable heavy frost. these three dates are tough.
the 1971 is a bit of a surprise since i don't recall one being made in 2-3 years. i wonder if the rise had anything to do with C.W. cashing his in?
al h.
<< <i>1972 may increase slightly, but not the other two >>
It seems the 72 is growing the slowest?
my prediction is based on what i see in sets. the 1968's-1969's are plagued by overused dies which resulted in uneven frost on the coins that even have any, the 1970's suffer from the mint habit of changing dies one at a time when one became worn and not as a pair with the resulting one sided cam's, the 1972's seem to suffer from both of those things plus the addition of more frequent hairlines and the 1971's i find just seem to be lightly frosted which is what holds that date back. at least by 1973 they had some of the kinks worked out. JMHO.
i tend to think that during the years of 1965-1976 the Mint was in a constant state of disarray with too much on their plate at any given time. lets see now, no more silver but instead a new alloy to learn how to mint properly, paranoid about hoarding, the SMS debacle, a new design on a major coin, reopening the San Fransisco mint.........it's amazing they did anything right back then considering the state of the nation and the political climate.
al h.
The Ludlow Brilliant Collection (1938-64)
and it sets us apart from practitioners and consultants. Gregor
my guess would be that IF PCGS standards or grading practices changed, it just took everyone a while to get in synch with the graders. then there's the other school of thought which says maybe everyone was just getting a bit lax in their choices and they are now reviewing submissions a little more carefully.
al h.
There does seem to be more than one person searching loads of early 70s proof sets for nice nickels... I remember at least two people posting here they had a new '71 in 69 DCAM...
BTW if Keets meant me (C.W.) I was unable to place my '71 and currently have it on eBay with no bids. I did place my 50s coins in 68 DCAM and those populations are still very low and stable.
We have also seen slight rises in pops for the earlier years in this series (witness the new PR68 '41s and '42 Type 1s, and a new 1939 in PR68 appeared yesterday -- making this a 6/0 coin now), but fortunately nothing earth-shattering. I also have not sensed any watering down of PCGS' standards for designating DCAM Jeffs from the 50s and early 60s, which is probably more important in this series than a difference of a grade point.
Hopefully, the addition of these new coins won't impact prices too much, if interest in the series due to design change creates moderate new demand.
William S. Burroughs, Cities of the Red Night
Russ, NCNE
Lou
ANA Life-Member
1970: no change (24)-24
1971: + 3 (6)-3
1972: no change (20)-12
1973: + 43 (76)-25
1974 + 37 (99)-39
1975: + 99 (173)-43
what strikes me right away are the dates 1970-1972. apparently they are still quite difficult and there were only 11 superb coins gleaned from sets in over two years. the dates from 1973-1975 seem to remain steady in proportion to each other. i would wonder if these pop changes are the result of mainly one submitter with access to sets and the where-with-all to search through them. the local guy gets sets regularly by the box full. what i look at resembles what the pops reflect. 1970-1972 are near impossible to find cameo on both sides and unhairlined. with each passing year it gets simpler until you search 1977 sets where it becomes difficult NOT to find a DCAM, the hairlines being the thing to watch for then. but who looks??
i'm a firm believer that with the current awareness in the hobby, prices being paid and the impending changes to the series, that if there were DCAM 1970-1972 coins to be holdered, we'd be seeing them.
al h.
<< <i>1970: no change (24)-24
1971: + 3 (6)-3
1972: no change (20)-12
1973: + 43 (76)-25
1974 + 37 (99)-39
1975: + 99 (173)-43 >>
Keets,
The current pop numbers you have are not all correct. Here are the correct pops:
1970: 26
1971: 10
1972: 23
1973: 76
1974: 100
1975: 177
Edit: Just noticed Sean already posted those.
Russ, NCNE
i see where sean corrected the original post. i had just pasted that from RGL's starter.
al h.