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Goodacre Sacagawea

INXSINXS Posts: 1,202 ✭
in PCGS Set Registry Forum
I understand that ICG was the first company to certify these 5000 coins as being authentic. PCGS graded most of the 2500 coins that are in collectors hands today. Many of the PCGS graded coins also carry the ICG certification tag inside of the encapsulated PCGS holder.

My question is if the ICG certification is not in the PCGS holder is the coin worth any less than one that has the certificate?

Thanks image
"Well here's another nice mess you have gotten me into" Oliver Hardy 1930
image

BST successful dealings with:MsMorrisine, goldman86

Comments

  • braddickbraddick Posts: 24,166 ✭✭✭✭✭


    << <i>I understand that ICG was the first company to certify these 5000 coins as being authentic. PCGS graded most of the 2500 coins that are in collectors hands today. Many of the PCGS graded coins also carry the ICG certification tag inside of the encapsulated PCGS holder.

    My question is if the ICG certification is not in the PCGS holder is the coin worth any less than one that has the certificate?

    Thanks image >>

    Whoa... a couple of false assumptions here... First, the ICG tag/insert is NOT a part of the PCGS slab. Generally though, it is returned to the submitter and you'll see it being placed on the OUTSIDE casing, on the reverse of the PCGS holder.
    Secondly, PCGS still has not graded the majority of the 2,500 ICG coins that have been encapsulated. (Remember too that half that 5,000 mintage has yet to be graded by anyone.*)
    Personally, I've seen NO price upgrade on Goodacres that include the ICG insert and those that don't as it is assumed ALL that have been graded by PCGS hadto cross from ICG anyway.

    *Admittingly, I haven't been keeping up with this Series so it is possible (altough I doubt it), sometime in the last few months, this second lot of 2,500 that had been in Goodacre's hands have subsequently been forwarded to a Grading Service.
  • INXSINXS Posts: 1,202 ✭
    Braddick,

    Thanks for clarifying this.

    inxs image
    "Well here's another nice mess you have gotten me into" Oliver Hardy 1930
    image

    BST successful dealings with:MsMorrisine, goldman86
  • MatthewBabcockMatthewBabcock Posts: 280
    It is my understanding (I think that I read it somewhere) that Ms. Goodacre had all 5000 encapsulated by ICG, releasing half of them for sale to collectors. She kept the rest for future use....

    My Goodacre Sacagawea is graded PCGS MS-68... At the time, it was one of only 111 graded at MS-68 by PCGS. Since then, the numbers have risen to 234/12...

    My PCGS Circulation Sacagawea Set

    I have plans on submitting my 2003 P&D coins to PCGS for grading shortly... Maybe they'll be back in a couple of months... image

    I hope that my 2003-D coins will come back in the MS-67+ range (I think that most will) and since there are only 170 currently graded at MS-67+, maybe I'll be able to make a few bucks on eBay with them... image (Currently, only 202 graded at MS-66... Tough issue...)

    Matt


    My Coin Website
    My Professional Website
    image
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    I picked up one off of Ebay recently: #2700 in an ICG holder.

    It appears that Goodacre (through her agent, Tebo Coin Company) has started to sell the other 2500.

    They're showing up on Ebay in a steady, desultory fashion, and are selling steady at about $325-$350. No big rise or dips in the prices from the outset.

    Here's a warning parable for coin collectors...



  • wondercoinwondercoin Posts: 16,979 ✭✭✭✭✭
    I own maybe 15 or 20 Goodacres in PCGS-MS68, none of which came with the ICG tags and I did not care about it. If Ms. Goodacre is selling some of her 2,500 stash, she is certainly doing it in an orderly process. Frankly, a major drag on this issue is the uncertain prospects for the 2,500 unsold coins IMHO. If Ms. Goodacre is indeed selling off her position, it might get interesting on this issue years from now once the coins are dispersed throughout the country and in strong collector hands. On the other hands, 5,000 slabs is a large number, especially for the 125 current Registry collectors. We would all need to increase our positions to 40 coins each to cover the supply image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • MatthewBabcockMatthewBabcock Posts: 280
    Here is one version of the story, I don't know if it is the whole story...


    My Coin Website
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  • mdwoodsmdwoods Posts: 5,547 ✭✭✭
    I think they were all placed on the market. You can bet a lot of the coins that were not crossed over were checked to see if they would cross at MS68, or MS69.
    These coins command a premium above an ICG slabbed Goodacre which are not graded.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
  • khaysekhayse Posts: 1,336 ✭
    > We would all need to increase our positions to 40 coins each to cover the supply
    OK, Mitch but that's not what my wife wanted to do with my bonus this year. image
    Of course there are more then 125 Sac collectors so hopefully it won't come to 40 a person. (I haven't registered my
    MS Sac set)

    Also if Glenna is selling her 2500, shouldn't they be in the 1-2500 number range?

    -KHayse
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