1973 D IKE Dollar PCGS MS67 - Ending on Ebay shortly!

telecoin

Edited to say: Coin is ending on ebay tonight...last chance for those who are interested. It will probably be a long time until another one comes around. LINK

I just got a report with a 1973 D IKE Dollar in PCGS MS67 on it. It was no surprise as the coin is spectacular. Nearly perfect surfaces with great eye-appeal. The current pop is 9/0 (including this coin). Over 22,000 MS clad Ikes have been graded by PCGS, and only 74 have attained the grade of MS67 with none higher. It will be listed on ebay tonight. If interested, email me at: telecoin@adelphia.net

dbldie55

Congrats on the score Jamey.

braddick

Very nice and a well deserved pat on the back. I bet the collector in you wanted to keep it, even if just for awhile.

itsnotjustme

Nice score!

telecoin

Thanks. That's only the second MS clad Ike I ever submitted. The first was a few months ago that graded MS67 also (1976 D t2). Not a bad start for grading Ikes. I have begun looking more closely at the series. I managed to purchase a roll of 72 P's a few weeks ago that had five type 2 reverses in it. They are in for grading and a couple of them looked to be high grade (possibly MS64/65). Look for them to come up for sale soon.

cohodk

This is not meant to bash, but I dont understand something.

1973-D IKE 1.769 million minted with 74 in ms-67 and it goes for $5k. These were issued only in Mint sets.

I have a 1863 3c silver in PCGS PF 66CAM. Mine is the only Cam and only 8 others in 66 none higher. There were 460 proofs minted and 21,000 business strikes. So the total population is less than the graded pop of the 73-d IKE and I would be lucky to get $3k for my coin.

Who in there right mind would pay $5k for a coin that is in no way rare?

Based on the current submissions there is one MS-67 in every 300. Granted this # may be lower as only the best get submitted, but the true pop of MS-67 could well be over 1000. That sounds like a $50-$100 coin IMHO.

braddick

<< <i>This is not meant to bash, but I dont understand something. 1973-D IKE 1.769 million minted with 74 in ms-67 and it goes for $5k. These were issued only in Mint sets. I have a 1863 3c silver in PCGS PF 66CAM. Mine is the only Cam and only 8 others in 66 none higher. There were 460 proofs minted and 21,000 business strikes. So the total population is less than the graded pop of the 73-d IKE and I would be lucky to get $3k for my coin. Who in there right mind would pay $5k for a coin that is in no way rare? Based on the current submissions there is one MS-67 in every 300. Granted this # may be lower as only the best get submitted, but the true pop of MS-67 could well be over 1000. That sounds like a $50-$100 coin IMHO. >>


Don't forget to add popularity to your equation. Your math is accurate but your conclusion faulty because you're missing that one, important link to collecting.

There are more Collectors seeking super high grade Ikes on any given day than there are PR66 CAM Trimes. (That "injustice" has been expored many times on this forum.)
The MS67 grade is the Holy Grail of grades for clad business strike Ikes.

CoinHusker

<< <i>Who in there right mind would pay $5k for a coin that is in no way rare? >>



If I could afford to, meaning if I had an "expendable" 5 G's, I would buy it. But I don't and besides, I usually operate out of my left brain. I've been out of my right mind for quite a while now.

telecoin

There aren't 74 1973 D Ikes in MS67. There are 74 total MS67 Ikes of all clad dates (1971-1978). There are only 9 1973 D Ikes in MS67 with this coin. Of the 22.000 graded clad Ikes, they were probably the best specimens gleaned from hundreds of thousands or millions of coins searched. So MS67 Ikes are probably more like 1 in every 100,000 coins (of course that's just a wild guess). As with any commodity...price is determined by supply and demand, and the demand for this series is far outpacing the availability of fresh material. If you are offering MS67 Ikes for $50-100 each, I'm sure you will have no problem selling them.

cohodk

ok I missread your 74 population figure.

I guess just a personal preference but I would rather have a 150 yr old coin than one 30yrs. To each his own and thats what makes the world go 'round.

It will be very interesting to see in the next 20-30 yrs how the prices fair. I hope they both do quite well.

MSD61

I'd buy it!!!!!!!!!! Saves me from sending in the one I have in for grading!!!! Oustanding grade!!! I hope my 73-P gets half the grade as your 73-D. BIG CONGRADS!!!!!!!!!!!!!!!!!!!!!!!!

telecoin

Picture added to original post above.

cohodk

looks very clean

CoinHusker

Hard to imagine that Ike looked better in person.

telecoin

ttt

braddick

Just closed at 5K. That's seems too cheap to me.
Has the prices on these adjusted downward?

Rampage

I agree Pat. The $5,000 final price seems to be too cheap. I bet if this coin was in one of the big coin show auctions, like at FUIN, then the price would have been doubled or better, no?