Sudden, big increases in early Jeff Proof 68s...

RGL

David:

Super grades continue to fly out of Newport Beach on some early Jeff proofs in recent weeks/days, particularly the big hike in both types of the 1942 posted in the pop report this week. We all know how hard a 67 is on many of these early dates. What's up? Great raw coins off the market for some time? High-end 67 regrades or crackouts? Different graders/standards? The hard-core Jeff proof gang would appreciate your insight.

Pops are PR-68 from two months ago vs. today ...

1938 +3 to 5
1939 +1 to 6
1940 0 (no change)
1941 +2 to 3
1942 Ty. 1 +4 to 4
1942 Ty. 2 +3 to 6

Thanks,

Randy

homerunhall

Randy...It's probably a case of big prices bringing out some coins and/or maybe somebody bumped into a big freash high quality deal with a few super-cherries in the deal. Prices for the ultra grades have become so juicy that it's really worth dealer's time to seek out high quality deals and really pay attention to some of these Post War issues. What usually happens is that you'll see a bunch of coins being made for a while as dealers focus on a highly profitable area swooping up the available coins. Then the supply will dry up and dealers will focus elsewhere and very few new coins will be made. It's all part of the cycle.

David