Burned or not Burned
Currin
Posts: 1,520 ✭✭✭✭✭
I purchased a 2000-D MS67 PSGS Kennedy half from an eBay auction. I got a little zealous in the pursuit. At the close, I had successfully bided $221.57 for this coin (including shipping cost). I have never paid this much for a clad coin before. I have been looking for this coin for several months. The POP report is 33/0 in PCGS, therefor, I do not see it offered much. Trends value this coin for $65.00. PCGS coin price guide is $75.00. From the surface, the coin is not of the value that I paid. So, the question to the panel of board experts, did I bid too much? The second question is why is PCGS coin price guide so low? I can understand Trends being low, because CW list composite values of all coins by all grading services. On the other hand, I will tend to rely more on the PCGS coin guide being correct. This does not appear to be true. UNLESS, I BIDED TOO MUCH!
My 20th Century Type Set, With Type Variations---started : 9/22/1997 ---- completed : 1/7/2004
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
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Comments
Based on your thread and question, the quick (but safe) answer is time will tell.
If you have been searching this for 3 years AND this was the first one you saw available AND you completed/upgraded your set AND you have searched 500 mint sets from 2000 with nothing close to a MS67 AND 3 years from now the pop is maybe 33 to 40 AND whenever you decide to sell it you can get your money back (or even make a profit), then you probably did good. Or, if none of the previous apply but you had the money, so to you the amount did not matter as much as the satisfaction, then that is fine too,
If neither of the previous apply, then maybe you paid too much. Whatever the assesment, enjoy the coin and remember, you only live once and you can't take $ with you.
I love Ike dollars and all other dollar series !!!
I also love Major Circulation Strike Type Sets, clad Washingtons ('65 to '98) and key date coins !!!!!
If ignorance is bliss, shouldn't we have more happy people ??
you have seen in several years for sale, then you were right in going for it. Its not as if you paid
thousands of dollars for it. Feel good about getting a coin you needed and wanted.
Camelot
The CU price guide is wildly inaccurate. In most cases it's too high, but in the business strike Kennedys many of the prices listed are far below what the market has been bringing.
As you're obviously aware, the 2000-D in MS67 does not come up with any real frequency. When one does become available it consistently brings right in the range that you paid to get the coin.
BTW, feel free to ignore modern bashers who possess some strange fixation on the need to try and tell others how stupid their purchases are. They generally tend to be people who contribute next to nothing to this world in general, and this forum in particular.
Russ, NCNE
I have one in NGC MS66 I'm pleased with because although it has the ticks of a 66, NO spots.
peacockcoins
“This Kennedy half has great striking quality and luster, no toning or spots”.
I attached a file of picture which is not all that great. I would assume form the description there are no spots. I have a 2000-P 67 that I purchased form Mitch a year or so ago. I would hope by the description that this coin would be as nice as that one. Do everyone else use the pictures or the description when purchasing? I do not find pictures all that useful. What do everyone else think?
My 20th Century Gold Major Design Type Set ---started : 11/17/1997 ---- completed : 1/21/2004
I do believe, my fine young collector, you SCORED!
peacockcoins
David