1979 S SBA MS67 sells for over $300 on Ebay
DRG
Posts: 818
I am quite happy to see the poor SBA finally getting a little of the attention she deserves. (No it was not one of mine.)
The last one I sold for $175 and it had "Full Talons". The reverse of this one is not shown.
I have seen very few TOP POP SBA$'s for sale lately. I wonder if this was a fluke or an omen of things to come.
1979 S PCGS MS67 SBA $ sold on EBay
The last one I sold for $175 and it had "Full Talons". The reverse of this one is not shown.
I have seen very few TOP POP SBA$'s for sale lately. I wonder if this was a fluke or an omen of things to come.
1979 S PCGS MS67 SBA $ sold on EBay
(PAST) OWNER #1 SBA$ REGISTRY COLLECTOIN
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Comments
<< <i>I am quite happy to see the poor SBA finally getting a little of the attention she deserves. (No it was not one of mine.)
The last one I sold for $175 and it had "Full Talons". The reverse of this one is not shown.
I have seen very few TOP POP SBA$'s for sale lately. I wonder if this was a fluke or an omen of things to come.
1979 S PCGS MS67 SBA $ sold on EBay >>
My EBay Items
MS SBA's has always been a series of interest to me. But, I will say this - these coins are relatively difficult to grade. IMHO, there are some MS67 coins undeserving of their holder and many more MS66 coins potentially upgradeable. This leads to prices all over the place on MS67 coins for the low to high quality coins. And, my comment equally applies (to a lesser extent) to the MS68 coins out there as well.
Wondercoin
Hi David,
Never had any doubts about this series.
What is the definition of the "Full Talon" designation? Is this designation listed by any of the "big boys," I hope?
Larry
Dabigkahuna
Could it be possible that someone bid more for the coin based on the sellers comment "none higher"?
I read this and I have a 1979-S in my type set and knew at one time there were 3 MS68's higher. Well I had to check and the 3 higher are still there. The buyer may not have had access to the pop report and paid a premium, IMHO.
Ken
My Washington Type B/C Set
I agree that the quality of high grade SBA’s is not uniform. I do not think that they are unique in this however. Although PCGS does the best job in my opinion they are not perfect. While I have seen quite a few MS67 coins that I wondered how they made it past MS66, I have seen only a few MS66 coins that I really thought should upgrade. I think that PCGS has become very tough when it comes to MS68 SBA’s. I have a couple 1980S in MS67 that are as nice as my other MS68’s.
Cointime; I did not even notice the “none graded any higher!” statement in the auction and I own a MS68 1979S SBA. I don’t know if this had anything to do with the bidding or not. There were 5 bidders over the $200 mark; did none of them know that it was not a TOP POP? HHHMMMM??????
The coins obverse does look fairly clean of marks, but with a little toning. It is always hard to judge from a picture if the coin is good for the grade or not.
The Reverse is not shown in the auction and this is what I was most interested in
.
Dabigkahuna; the “Full Talon” designation is my own. After searching many SBA’s I realized that many are poorly struck and do not have fully defined talons on the reverse eagle. As with most series it is particularly difficult to find a well struck coin which is also in top condition. I have therefore been collecting “Full Talon” coins for several years now and all of my coins fit this designation (although a couple are borderline).
A FT SBA should have 6 clearly defined talons which do not blur together at any point. While it is my designation, I would guess that sometime in the future it will be the standard for SBA collectors.
A really well struck “Full Talon” MS67 SBA$ can actually be a really nice looking coin. Particularly if you only look at the reverse!
My Ebay items
1979-S PCGS MS67 $280 (perhaps Mitch's theory is wrong with 2 going for under $200)
1979-D PCGS MS67 $280
1980-P PCGS MS67 $338.33
1980-D PCGS MS67 $316.79
1981-P PCGS MS66 $172.50
1981-D PCGS MS67 $515
Look like strong prices to me. Perhaps this IS a sign of things to come for the series.
MFS: If I am wrong, it wouldn't be the first time, or the last - BUT, keep in mind this thread started with the announcement of a $312 sale of the 79(s). Now, you report the next coin just sold for $280 (11% drop on this coin alone). Not terribly surprising considering there was an underbidder on coin #1 at around $300+ who just had the opportunity to pluck one off at $280. So, now we are discussing the "strong" level of $280 while 2 weeks ago the "strong" level was $312.
Yes, I agree those are still strong prices, but, I personally think the jury is still out on whether the 79(s) can sustain a $250+ level. We'll see
Wondercoin
Hey, sometimes I am right too you know
WONDERCOIN
I still think that without the Registry, this coin is about a $150-$175.00 coin tops. A few collectors building a top set $200-$225.00 I still think the seller misrepresented the coin in your link as top pop and caused a little heated bidding, that's all. JMO
I still understand your 1st point that maybe this is a possible trend upward. But if I did not have to have one for my type set, I probably would not buy one. The series reminds me of the Franklins, not too many people really like the coin....AKA it doesn't grab me
Ken
p.s. almost forgot....Mitch, show off!
My Washington Type B/C Set
Wondercoin
I would like to see these prices continue, and I will not be very surprised if they do. The Registry is here! And people want the TOP POP coins (the 1979S MS67 is not one, but close).
The TOP POP's on these coins do seem to be stabilizing. I am having more and more trouble finding TOP quality raw coins.
I also have many MS66 raw SBA$'s and it has recently become profitable to grade them. I have nearly sold out of PCGS MS66 SBA$'s out of my EBay store at the $30-$60 level, with most of them selling in the last month.
It does seem to me that most people collecting SBA's would know what the POP's are. It is a very short series. I could be wrong. I know not to expect too much from people.
Whoops.
-KHayse
<< <i>.
I also have many MS66 raw SBA$'s and it has recently become profitable to grade them. I have nearly sold out of PCGS MS66 SBA$'s out of my EBay store at the $30-$60 level, with most of them selling in the last month. >>
Many are going to get a big surprise when the undergrades don't "come out of the woodwork" either.
There are not a lot of raw coins that haven't been cherried yet. In a few years people may be clamoring
for MS-63's for some of these coins.