Options
TOP POP PROOF Lincoln Memorial Buy Prices (Under Construction ~ 3/4 Complete)
redcents
Posts: 735
Click Here If You Want To See My MS Buy Prices
PLEASE tell me which prices seem too low & why & what you think they should be & why (auction records, mintage, pops, difficulty for the grade, etc.).
This is an attempt to increase liquidity, decrease uncertainty and create a more transparent market in TOP POP PCGS GRADED PROOF Lincoln Memorials (WHEAT Proofs Next). It IS NOT an attempt to corner the market as I welcome any & all competing bids by collectors, dealers, or other interested parties. I'll be happy to post your competing bids whether higher than or lower than mine. I welcome any & all criticism as to the idea itself about it's merit or lack thereof. I would like any criticism of the prices I'm willing to pay however to be accompanied by a higher competing offer. I'm putting my money where my mouth is and if you choose to express your opinion that the prices I'm offering seem too low, it seems that without a higher competing offer your assessment may not appear to have proper standing and will seem to be without substance. Anyone can say I'm not paying enough but if they're not going to pay more there is no real proof of that assertion.
Since I AM NOT a dealer and currently have no inventory with which to make this a true 2-way market (yet) I can only currently offer buy prices. As soon as I start to actually buy some of these I'll begin to offer them at approx. 20% over the buy price ($5 minimum) AND include free shipping/insurance AND a 14-Day NQA return policy INCLUDING the cost of return postage (first class w/deliv conf.) to me if you don't like the coin(s).
I envision that as time goes by I'll have to adjust the prices as the market dictates to begin to find an equillibrium level for each coin that will enable me - or any other party willing to participate - to basically sell all I/we can get & get all I/we can sell - i.e. find the prices where supply=demand AND someone can make a fair profit brokering them. I know the chance of this actually working in the long run may not be great but it is an attempt that I am willing to try - with my REAL money.
The format of the way the prices & competing offers/bids will be presented will necessarily have to evolve over time as needs dictate. All prices are for DCAM unless noted. I reserve the right to return any problem pieces. Payment within 3 days of receipt.
*********************** This is a work in progress & prices will be added/tweaked gradually over the next week or so. **************************
-------------------------------IF YOU HAVE A HIGHER OFFER IN THE MEANTIME, LET ME KNOW - I MIGHT STILL BEAT IT.---------------------------
You can either sell at the listed buy prices OR negotiate a higher price from me OR list what you want to sell with me by telling me what you have & how much you want for it (if I find a buyer willing to pay your price I'll contact you) OR let us sell it for you on eBay for %5 plus fees - and YOU can set the terms of the sale.
Explanation Of Data In Table:
e.g. 1959 69 $3,000 (3) [1x0] t <<<FROM TABLE BELOW
a) 1959 b) 69 c) $3,000 d) (3) e) [1x0] f) t
a) DATE e.g. 1959
b) Current TOP POP Grade e.g. 69
c) Buying Prices For AT LEAST 1 Sight-Unseen Problem Free Coin e.g. $2000
d) Recent POP in TOP POP that the price is contingent upon is in parenthesis e.g. (3) - listed for those coins that are pop dependent for the specific current buy price.
e) Bid/Ask Size - i.e. [3x2 20%] means I'll buy up to 3 at price listed & sell up to 2 at price listed plus 20%.
f) For items with a small lower case underlined blue/purple lettereither right after the (pop#) or right after the [bid/ask size]: "e" is a link to a recent eBay auction for that particular date, "t" for Teletrade (up to 1000 days ago but with the most recent/representative possible, "h" for Heritage, "b" for B&M. NO "h" means can't find one in top pop grade EVER sold by Heritage, no "t" means same for Teletrade, no "b" etc.
Notes:
1). ALL prices have built into them my assessment of the probability that the pops WILL go up and to what extent.
2). If most up to date pop is higher at the time of transaction BEFORE I have a chance to update this table, an adjustment might be made - that you'll have a chance to agree to or not - BEFORE you send the coin(s). I'll respond to any coin offered with a FIRM price. If no pop change price in table is a MINIMUM.
If any way I can make this fairer or easier to understand please let me know.
For my part, I stand ready to buy at least 1 of each up to 10% of the total population. ALL DCAM UNLESS NOTED
Thanks,
Roger
1959 69 $3,000 (3) [1x0] t
1960 LD 70CA $1,000 (1) [1x0] ( h All 1960's)
1960 LD 69DC $1,000 (9) [1x0] h $1,265 t1 t2 t3 t4 t5 t6 t7
1960 SD 68 $1,500 (9) [1x0] t
1960 L/S 69RD $5,000 (1) [1x0] h $7,475
1960 S/L 68RD $1,500 (1) [1x0]
1960 S/L 67CA $5,000 (1) [1x0]
1960 S/L 66DC $2,500 (1) [1x0]
1961 69 $2,500 (8) [1x0] ( h All 1961's) h $3,335 t1 t2 t3 t4
1962 69 $500 (28) [1x0] e h t1 t2 t3 t4 t5 t6 t7 t8 t9
1963 70 $.40 (1) [1x0]
1964 70 $10,000 (1) [1x0] t
1968-S 69 $600 (22) [1x0] t1 t2
1969-S 69 $500 (35) [1x0] b h t1 t2
1970-S LD 69 $500 (33) [1x0] b t
1970-S SD 68 $1,000 (11) [1x0] t1 t2
1971-S DD 68RD $1,500 (2) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S DD 68CA $2,500 (1) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S DD 66DC $5,000 (1) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S 69 $5000 (4) [1x0]
1972-S 69 $150 (50) [1x0] t1 t2 t3
1973-S 70 $2,500 (4) [1x0]
1974-S 69 $100 (133) [1x0] h t1 t2 t3
1975-S 69 $125 (84) [1x0] b h t
1976-S 69 $150 (60) [1x0] t1 t2 t3 t4
1977-S 70 $1,250 (11) [1x0] t
1978-S 70 $1,000 (10) [1x0] t
1979-S T1 70 $1,500 (9) [1x0]
1979-S T2 70 $600 (23) [1x0] t1 t2
1980-S 70 $1,000 (16) [1x0] t
1981-S T1 70 $1,750 (8) [1x0]
1981-S T2 69 $200 (64) t1 t2 t3
1982-S 70 $750 (12) [1x0] t
1983-S 70 $300 (25) [1x0] t
1984-S 70 $250 (32) [1x0] t1 t2
1985-S 70 $250 (34) [1x0] t1 t2
1986-S 70 $300 (26) [1x0] t
1987-S 70 $1,500 (5) [1x0]
1988-S 70 $650 (19) [1x0]
1989-S 70 $250 (33) [1x0] t1 t2
1990-S 70 $2,000 (7) [1x0]
1990 NO S 69 $7,500 (7) [1x0]
1991-S 70 $350 (28) [1x0] t1 t2
1992-S 70 $350 (28) [1x0] t1 t2
1993-S 70 $200 (49) [1x0] t1 t2 t3
1994-S 70 $650 (23) [1x0] t1 t2
1995-S 70 $1,250 (12) [1x0]
1996-S 70 $250 (32) [1x0]
1997-S 70 $500 (14) [1x0] t
1998-S 70 $5,000 (1) [1x0]
1999-S 70 $5,000 (1) [1x0]
2000-S 70 $5,000 (1) [1x0]
2001-S 69 $5 (829) [1x0]
2002-S 70 $750 (5) [1x0]
2003-S 70 $500 (6) [1x0 20%]
If no name on buy price, it's me. If someone else I'll note it. If not me, please PM other buyer & deal direct.
Inquire for prices on multiples
Last thoughts: I think most people interested in a particular coin have about 4 prices in their heads for it. I define those 4 as - "great deal", "fair deal" "slight stretch" & "way too much". e.g. given current selling prices on 2003P's in MS69RD, one might think a "great deal" is $60-75, a "fair deal" as $90-100, a "slight stretch" as perhaps $125, and "way too much" as perhaps $175-200. This is just a hypothetical example, but the point I'm making is that if people at least offered their "fair deal" buy price or even their "great deal" buy price IMHO the market would benefit tremendously.
Also, anyone other than me think that the rate that the value of many (most? all?) of these is decreasing due to the pop increases is EXCEEDING the rate that the value of many of these is increasing due to demand or other factors? i.e. are pop increases putting NET downside pressure on many or most (or all) of these? If not some of them, which of them do you think are "exempt" form this force or at least are least susceptible to this factor?
PLEASE tell me which prices seem too low & why & what you think they should be & why (auction records, mintage, pops, difficulty for the grade, etc.).
This is an attempt to increase liquidity, decrease uncertainty and create a more transparent market in TOP POP PCGS GRADED PROOF Lincoln Memorials (WHEAT Proofs Next). It IS NOT an attempt to corner the market as I welcome any & all competing bids by collectors, dealers, or other interested parties. I'll be happy to post your competing bids whether higher than or lower than mine. I welcome any & all criticism as to the idea itself about it's merit or lack thereof. I would like any criticism of the prices I'm willing to pay however to be accompanied by a higher competing offer. I'm putting my money where my mouth is and if you choose to express your opinion that the prices I'm offering seem too low, it seems that without a higher competing offer your assessment may not appear to have proper standing and will seem to be without substance. Anyone can say I'm not paying enough but if they're not going to pay more there is no real proof of that assertion.
Since I AM NOT a dealer and currently have no inventory with which to make this a true 2-way market (yet) I can only currently offer buy prices. As soon as I start to actually buy some of these I'll begin to offer them at approx. 20% over the buy price ($5 minimum) AND include free shipping/insurance AND a 14-Day NQA return policy INCLUDING the cost of return postage (first class w/deliv conf.) to me if you don't like the coin(s).
I envision that as time goes by I'll have to adjust the prices as the market dictates to begin to find an equillibrium level for each coin that will enable me - or any other party willing to participate - to basically sell all I/we can get & get all I/we can sell - i.e. find the prices where supply=demand AND someone can make a fair profit brokering them. I know the chance of this actually working in the long run may not be great but it is an attempt that I am willing to try - with my REAL money.
The format of the way the prices & competing offers/bids will be presented will necessarily have to evolve over time as needs dictate. All prices are for DCAM unless noted. I reserve the right to return any problem pieces. Payment within 3 days of receipt.
*********************** This is a work in progress & prices will be added/tweaked gradually over the next week or so. **************************
-------------------------------IF YOU HAVE A HIGHER OFFER IN THE MEANTIME, LET ME KNOW - I MIGHT STILL BEAT IT.---------------------------
You can either sell at the listed buy prices OR negotiate a higher price from me OR list what you want to sell with me by telling me what you have & how much you want for it (if I find a buyer willing to pay your price I'll contact you) OR let us sell it for you on eBay for %5 plus fees - and YOU can set the terms of the sale.
Explanation Of Data In Table:
e.g. 1959 69 $3,000 (3) [1x0] t <<<FROM TABLE BELOW
a) 1959 b) 69 c) $3,000 d) (3) e) [1x0] f) t
a) DATE e.g. 1959
b) Current TOP POP Grade e.g. 69
c) Buying Prices For AT LEAST 1 Sight-Unseen Problem Free Coin e.g. $2000
d) Recent POP in TOP POP that the price is contingent upon is in parenthesis e.g. (3) - listed for those coins that are pop dependent for the specific current buy price.
e) Bid/Ask Size - i.e. [3x2 20%] means I'll buy up to 3 at price listed & sell up to 2 at price listed plus 20%.
f) For items with a small lower case underlined blue/purple lettereither right after the (pop#) or right after the [bid/ask size]: "e" is a link to a recent eBay auction for that particular date, "t" for Teletrade (up to 1000 days ago but with the most recent/representative possible, "h" for Heritage, "b" for B&M. NO "h" means can't find one in top pop grade EVER sold by Heritage, no "t" means same for Teletrade, no "b" etc.
Notes:
1). ALL prices have built into them my assessment of the probability that the pops WILL go up and to what extent.
2). If most up to date pop is higher at the time of transaction BEFORE I have a chance to update this table, an adjustment might be made - that you'll have a chance to agree to or not - BEFORE you send the coin(s). I'll respond to any coin offered with a FIRM price. If no pop change price in table is a MINIMUM.
If any way I can make this fairer or easier to understand please let me know.
For my part, I stand ready to buy at least 1 of each up to 10% of the total population. ALL DCAM UNLESS NOTED
Thanks,
Roger
1959 69 $3,000 (3) [1x0] t
1960 LD 70CA $1,000 (1) [1x0] ( h All 1960's)
1960 LD 69DC $1,000 (9) [1x0] h $1,265 t1 t2 t3 t4 t5 t6 t7
1960 SD 68 $1,500 (9) [1x0] t
1960 L/S 69RD $5,000 (1) [1x0] h $7,475
1960 S/L 68RD $1,500 (1) [1x0]
1960 S/L 67CA $5,000 (1) [1x0]
1960 S/L 66DC $2,500 (1) [1x0]
1961 69 $2,500 (8) [1x0] ( h All 1961's) h $3,335 t1 t2 t3 t4
1962 69 $500 (28) [1x0] e h t1 t2 t3 t4 t5 t6 t7 t8 t9
1963 70 $.40 (1) [1x0]
1964 70 $10,000 (1) [1x0] t
1968-S 69 $600 (22) [1x0] t1 t2
1969-S 69 $500 (35) [1x0] b h t1 t2
1970-S LD 69 $500 (33) [1x0] b t
1970-S SD 68 $1,000 (11) [1x0] t1 t2
1971-S DD 68RD $1,500 (2) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S DD 68CA $2,500 (1) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S DD 66DC $5,000 (1) [1x0] if FS-032. +50% if FS-033.1. +100% if FS-033
1971-S 69 $5000 (4) [1x0]
1972-S 69 $150 (50) [1x0] t1 t2 t3
1973-S 70 $2,500 (4) [1x0]
1974-S 69 $100 (133) [1x0] h t1 t2 t3
1975-S 69 $125 (84) [1x0] b h t
1976-S 69 $150 (60) [1x0] t1 t2 t3 t4
1977-S 70 $1,250 (11) [1x0] t
1978-S 70 $1,000 (10) [1x0] t
1979-S T1 70 $1,500 (9) [1x0]
1979-S T2 70 $600 (23) [1x0] t1 t2
1980-S 70 $1,000 (16) [1x0] t
1981-S T1 70 $1,750 (8) [1x0]
1981-S T2 69 $200 (64) t1 t2 t3
1982-S 70 $750 (12) [1x0] t
1983-S 70 $300 (25) [1x0] t
1984-S 70 $250 (32) [1x0] t1 t2
1985-S 70 $250 (34) [1x0] t1 t2
1986-S 70 $300 (26) [1x0] t
1987-S 70 $1,500 (5) [1x0]
1988-S 70 $650 (19) [1x0]
1989-S 70 $250 (33) [1x0] t1 t2
1990-S 70 $2,000 (7) [1x0]
1990 NO S 69 $7,500 (7) [1x0]
1991-S 70 $350 (28) [1x0] t1 t2
1992-S 70 $350 (28) [1x0] t1 t2
1993-S 70 $200 (49) [1x0] t1 t2 t3
1994-S 70 $650 (23) [1x0] t1 t2
1995-S 70 $1,250 (12) [1x0]
1996-S 70 $250 (32) [1x0]
1997-S 70 $500 (14) [1x0] t
1998-S 70 $5,000 (1) [1x0]
1999-S 70 $5,000 (1) [1x0]
2000-S 70 $5,000 (1) [1x0]
2001-S 69 $5 (829) [1x0]
2002-S 70 $750 (5) [1x0]
2003-S 70 $500 (6) [1x0 20%]
If no name on buy price, it's me. If someone else I'll note it. If not me, please PM other buyer & deal direct.
Inquire for prices on multiples
Last thoughts: I think most people interested in a particular coin have about 4 prices in their heads for it. I define those 4 as - "great deal", "fair deal" "slight stretch" & "way too much". e.g. given current selling prices on 2003P's in MS69RD, one might think a "great deal" is $60-75, a "fair deal" as $90-100, a "slight stretch" as perhaps $125, and "way too much" as perhaps $175-200. This is just a hypothetical example, but the point I'm making is that if people at least offered their "fair deal" buy price or even their "great deal" buy price IMHO the market would benefit tremendously.
Also, anyone other than me think that the rate that the value of many (most? all?) of these is decreasing due to the pop increases is EXCEEDING the rate that the value of many of these is increasing due to demand or other factors? i.e. are pop increases putting NET downside pressure on many or most (or all) of these? If not some of them, which of them do you think are "exempt" form this force or at least are least susceptible to this factor?
0
Comments