This one was really worth slabbing...

ziggy29

This item should tell us how much of a value people put on the plastic around a coin...

Russ

Actually, what it tells us is that it was submitted by somebody who thought it was mint state.

Russ, NCNE

ziggy29

<< <i>Actually, what it tells us is that it was submitted by somebody who thought it was mint state. >>

Well, I know that's why they did it. But now it's a ten-cent coin encased in PCGS plastic, so we'll get a pretty good idea what a PCGS slab is worth by itself in the marketplace.

MassFullStepper

Why on earth......???

Russ

It might bring big money as a novelty. Afterall, I stretched to $10, (including shipping), to get the only 1964 proof Kennedy ever graded PR60.

Russ, NCNE

Baley

ooops.

tsacch

i disagree.........its a five cent coin, worth five cents...not even ten at that grade.

FatMan

<< <i>i disagree.........its a five cent coin, worth five cents...not even ten at that grade. >>

I disagree..........its worth 55 cents. 5 cents for the coin and 50 cents for the label if sent back to PCGS.

BillJones

<< <i>

<< <i>i disagree.........its a five cent coin, worth five cents...not even ten at that grade. >>

I disagree..........its worth 55 cents. 5 cents for the coin and 50 cents for the label if sent back to PCGS. >>



... Less 37 cents for the postage stamp to send it back.

Russ

<< <i>I disagree..........its worth 55 cents. 5 cents for the coin and 50 cents for the label if sent back to PCGS. >>



I disagree. It's worth 13 cents. 5 cents for the coin, 50 cents for the label, minus 42 cents for a stamp and envelope to send the label back.

Russ, NCNE

Russ

Ah crap! Bill got in there while I was typing.

Russ, NCNE

ziggy29

<< <i>i disagree.........its a five cent coin, worth five cents...not even ten at that grade. >>

I don't know. If I'm an 8-year-old kid collecting modern Jeffersons and I couldn't pluck a '93-P out of circulation, if it was the last hole in my collection I'd probably pay a dime for it just to complete it, even without the plastic.

Having said that, the reason I stumbled across this coin is that I recently started a certified AU-58 type set, and my search on that condition found this coin on Teletrade. I might pay a couple bucks for it just to get the PCGS certified AU-58 Jefferson out of the way at a very cheap price. Worth it? No. But I suppose some people will see it as an investment toward a consistent presentation of their certified AU type sets.

mirabela

Did you say ON TELETRADE? So you mean someone, somewhere will incur a minimum $10 in fees to make a transaction with that?

RotatedRainbows

So I wonder who really sent it in?? Now what member is famous for their AU58 coins???

Russ

Well, he does do a lot of business on Teletrade.

Russ, NCNE

airplanenut

Hopefully they'll send it Registered mail to be sure that it doesn't get lost in the mail

Is it FS... full stupidity?

braddick

<< <i>So I wonder who really sent it in?? Now what member is famous for their AU58 coins??? >>

I'm guessing the coin was sent raw to Teletrade under their agreement to have coins slabbed (at a slight discount) and then sold on their auction.

The original submitter probably thought he had a good date for a higher grade and I'm sure was just as disapointed as we are when it returned as a 58.

majorbigtime

<< <i>Actually, what it tells us is that it was submitted by somebody who thought it was mint state.

Russ, NCNE >>



Just pocket change so, IMO, who cares!

Coinerww

If the owner wait 100 years, he might break even.

Dennis88

I believe this one was on e-bay some time ago.....

Dennis

MacCoin

if someone want to spend money having pocket change graded who are we to pock fun at them