If a Clad IKE Ever Made a PCGS MS68......

Rampage

What do you think the market would bring? Say for example, a 1974-D made an MS68. What do you think it would bring?

fivecents

I am not sure what the market value would be, but I think it is only a matter of time until a MS68 clad Ike is made.

jcping

If there will be an MS68 Clad Ike, it will be a 1973-D. Generally speaking, you could find very strong strike of 73-D with high grade.

fivecents

The 1973P/D Ikes are mint set only coins, so it could be the first MS68 made. My vote goes to the 1971-D because it seems to be the "1881-s" of the clad ike series. From just one roll of the 1971-Ds sent to PCGS produced five MS65s, one MS66 and six MS64s that look like MS65s to me.

segoja

Great question. My 74-D is as close as any clad Ike I've ever seen to MS68.

Given some of the recent 67's made (The 76-P in 67) mine is a lock 68, however, I never can figure PCGS out!

If made, I'm certain the coin would bring $20,000 or more. it could be used in many different registry sets, and would be in high demand from Ike collectors as well.

Now the question, waht's the same grade worth in an NGC holder????

I'm a buyer when the coin gets made (if the coin is all there)

braddick

If it was a true MS68 and not just a fluke: MS67++ I'd imagine even $20,000.00 wouldn't buy it.

In a crazy market with the right campaign I could see it going for $50,000.00.
I also don't believe we'll ever see an MS68 PCGS Clad Ike (but, then again, I didn't think we'de ever see double digit pops for MS69 PCGS State quarters either...).

wondercoin

When the first Ike in MS68 gets made, "fear" will set in among the Ike collectors - "PCGS standards are changing", "how many more MS68's are around the corner?", "this coin was nothing more than an MS67 which upgraded and not deserving of the MS68 grade" will be some of the quotes (except from perhaps Braddick who will appreciate the event). We will hear repeated stories of all the MS67 slabbed coins nicer than the MS68 PCGS just slabbed - just wait - you'll see

The coin will not be sold to an Ike collector because they, as a group, are essentially be "too chicken" to STEP UP and buy it. The coin will be sold to a type collector - I can probably envision where the coin would even end up.

Just my 2 cents

Wondercoin

jom

<< <i>The coin will not be sold to an Ike collector because they, as a group, are essentially be "too chicken" to STEP UP and buy it. >>



OR they are too smart to waist their money on a one step difference in grade. Therefore, they'll stick with their just as nice MS66 or 67.

jom

wondercoin

JOM: You're proving my point

Wondercoin

jom

One man's chicken is another man's genius.

jom

tradedollarnut

Once one is made, more are sure to follow. It's the natural progression of a hot market. I'm with Jom on this one - unless you can stand to see your money drop by half or more as more are made, just say NO!

wondercoin

Jom: Agreed.

So, I'll add to my original post to include that the Ike collectors will not step up and buy the only MS68 specimen (if and when made), because they are just too smart to do so

Wondercoin

wondercoin

"Once one is made, more are sure to follow. It's the natural progression of a hot market. I'm with Jom on this one - unless you can stand to see your money drop by half or more as more are made, just say NO!"

TDN: Obviously, the same can be said for classic type coins? No need to buy the MS68 Bust half or whatever because once they slab a second one, the price is sure to drop. No need to buy an MS69 Silver Commem because once they make another the price will drop and so on. Remember, the notion of an MS68 clad Ike from 1971-1978 (just a dream coin at this point) is not in the same league as a "perfect" 1963 proof Lincoln or other modern "wonders"

Wondercoin

Rampage

James-----Can we see a pic of that 74D?

FiveCents-------I do agree that the 73Ds have great strikes. My date was a random pull.


Hopefully, one day, someone will make a 68 Clad IKE.

tradedollarnut

Mitch: Killing top pops is usually a function of the number of undergrades. While top pop inflation is certainly a factor in classic coinage as well, there are a more limited number of undergrades in most classic series than in the modern series.

I recently passed on a PCGS pop 1/0 trade dollar. The price quoted was not reasonable to me because there were 80+ undergrades, 5 equal grades at NGC and one higher at NGC. It seemed to me to be only a matter of time before it was no longer a 1/0 at PCGS and then worth 1/3 to 1/2 the quoted price.

In this situation, I would always look at the underpops with a wary eye. It doesn't take long to eradicate a 1/0 coin - look at the recent $20k Lincoln cent.... it's now a pop 4! Even HRH recommends being careful what you buy and what you pay: Q&A Forum

wondercoin

"at the recent $20k Lincoln cent.... it's now a pop 4!"

Yep - another "classic" meltdown in pop

In addition to looking at the # of coins in the underpop, I also look at the PRICE of the underpop coins. I recently added a very tough 1937 DDO in PCGS-MS66 to my personal quarter collection at the highest value I ever figured a coin for in my set. But, the underpop is -0-, two grades under is just 2 coins and three grades under is just 2 coins. Pricing is fairly compressed on the coin as the great Wash quarter varieties have yet to explode like the great Lincoln Cent varieties. Hence, PRICE of the underpop played a big factor in me stepping out for that coin vs. a few other quarters that are available on the market today.

Of course, anyone concerned about rising pops needs to simply collect patterns. I did a 9 month recheck on the pops of the roughly 3 dozen different patterns currently in my pattern nickel collection. Over the past 9 month period at PCGS the pops changed 1 coin - not 1 new "pop top" coin surpassing a coin I own - I mean just -1- coin IN ANY GRADE showed up in those 3 dozen random patterns over the 9 month period!!




Wondercoin

segoja

Rampage, Go to my set under either with varieities or the plain set. It's pictured there.

Mitch, your second wording was much better positioned...maybe we are just too smart to waste the funds...

cladking

The '76-D type II comes very nice with very PL surfaces. While I've yet to see
one which is also very clean, it's easy to imagine such a coin showing up.

mgoodm3

I think the world as we know it will end.

USMC_6115

Here is what I think is a nice 66 I just picked up:

Rampage

Back to the top for more discussion. I feel one is near by. Just a hunch though.

braddick

At the last Long Beach I tried to get my NGC MS67 1971-D Ike into a STAR holder. NGC didn't do it. The good news is NGC only charges $10. for this attempt so it's not too much to try.

SemperFI

If an MS68 Clad Ike is ever made, I would certainly like to see it. Though I may never be able to own one as I can barley find ms65/66 in Mint sets. But, there is always that chance.

Rampage

Here we are almost 9 years later and still one has not been made. Maybe it is just a dream...and one will never be made.

wondercoin

Heck ... I'll take an MS67+!!!

Has one of those even been made yet?

Wondercoin

Rampage

<< <i>Heck ... I'll take an MS67+!!!
Has one of those even been made yet?
Wondercoin >>



Don't know, Mitch. I posted this thread well before the Plus designations hit the world running.

Rampage

MS67+ does not have anything listed for any of the Clas business strike coins, so maybe not.

mkman123

20k for a ike is NUTS imo

bronco2078

the thing to do is send every MS 67 in under the reconsideration service willy nilly , just shovel them all into a box and hope to get lucky

Would PCGS allow the service to be used that way to make the only 68 or would they refuse ?

what would the 1% fee be based on?

If a 68 was made that way it would annoy a lot of people probably that have 67's and doesn't seem very fair

LanceNewmanOCC

.
i know this post isn't contributing but i just wanted to say that so many ikes are beat up so badly it is just such a pleasure to view them when in true gem state. don't know what it is about those true gems, just beautiful
.

braddick

25K would be my estimate*.




*Especially so if CAC gave their nod of approval.

segoja

Now that there is the reconsideration service, my 74-D is going back in. It's in an old green label holder, which is why I never sent it in for regrade.

It has a cac sticker, which is pretty darn tough on MS67 Clad Ikes.

We'll see what it does.

cladking

In light of what I've learned about third party grading in the last ~10 years I'll revise my
guess as to the date of the first MS-68 (if it appears). The '77-P and '78-D come extremely
clean quite often. The '78-D has a slightly better high end strike so this is my pick. The '76-D
type II might look better in 67 than the '78-D in MS-68 though. Both coins and the '77 are very
pretty coins at the high end. The '73-D is pretty enough but they're all scratched, I believe.

I still think a '76 mule might turn up too, but not in a mint set. Mint workers were a little sloppy
with changing out reverse dies and in 1976 they'd have been sloppy with the obverse die. If
a mule exists it will be type I/ type II. Few collectors would spot the error.