Home U.S. Coin Forum

Very strange! What are the odds that 19 of the 26 PR70 1964 JFKs would be from the same submission?

RussRuss Posts: 48,514 ✭✭✭
AND be consecutively numbered, AND be the only coins on that submission?

There were two 1964 proof Kennedys graded PR70 recently listed on eBay. The cert numbers were only two apart, so I'm thinking this submitter had a very lucky day at the trough. Man, is that an understatement! I started checking the surrounding numbers.

The submission begins with cert #7722369, which is a PR70. The submission ends with 7722388, which is a PR70. Every number in between is also a PR70, without interruption.

PCGS should hire that submitter as a grader because he sure has one hell of an eye!

Russ, NCNE

Comments

  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    It's Platinum Jr., comin' to git ya!



    image


  • << <i>It's Platinum Jr., comin' to git ya!



    image >>

    image
  • cladkingcladking Posts: 28,649 ✭✭✭✭✭
    Russ. Did this submission occur a few years ago?

    There's obviously something not entirely right here. One is forced to believe that
    it really was a combination of luck and timing and that the recipient didn't really
    look at 75% of all the coins which have been graded to date.
    Tempus fugit.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>It's Platinum Jr., comin' to git ya! >>



    Strangely, his set is gone from the registry. I sure hope he and daddy haven't given up already.

    Russ, NCNE
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Russ. Did this submission occur a few years ago? >>



    Earlier blue label holders with the bar code on the back, so at least before February 2002.

    Russ, NCNE
  • FrattLawFrattLaw Posts: 3,290 ✭✭


    << <i>PCGS should hire that submitter as a grader because he sure has one hell of an eye! >>



    Most be the same person who scored a bunch of PR70DCAM Ikes. I believe there was one submitter who recieved a sh*tload of the all 70 Ikes all on one submission. A couple of which have been now downgraded by subsequent buyers.

    Starts to make you wonder about the validity of the PCGS "holier-than-thou" 70 grade.

    But I'm sure there's nothing fishy going on with this situation though. image

    Ah....the smell of coffee....... image

    Michael
  • Russ, Is there a hidden message here that I'm missing? image
    Building 33-47 Mint Sets always looking for MS67s PM with any coins you might have for sale.

    Mike
    idocoins
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    The odds are excellent if the coins were submitted for pre-grading (in a much larger group) with a minimum grade of 70.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>The odds are excellent if the coins were submitted for pre-grading (in a much larger group) with a minimum grade of 70. >>



    Yeah, I thought of that. I find it highly unlikely, though, that on a coin this common and one that - at the time - brought a nice premium for PR69, a bulker would specify a minimum grade of PR70. It makes sense for modern bulk submissions at a minimum PR69DCAM. In this case logic dictates otherwise.

    Russ, NCNE
  • MrEurekaMrEureka Posts: 24,253 ✭✭✭✭✭
    I find it highly unlikely, though, that on a coin this common and one that - at the time - brought a nice premium for PR69, a bulker would specify a minimum grade of PR70. It makes sense for modern bulk submissions at a minimum PR69DCAM.

    Good point. Still, it's possible that serial numbers were assigned first to the 69's, then to the 70's, in which case all the 70's would be consecutively numbered. Since I'm just guessing, I suggest you ask HRH.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Still, it's possible that serial numbers were assigned first to the 69's, then to the 70's >>



    If that were the case, there would be a group of PR69's either at the beginning of the submission or the end of the submission. The submission begins and ends with PR70.

    Russ, NCNE
  • Russ, it sounds like you have answered your own question image
  • PTVETTERPTVETTER Posts: 5,937 ✭✭✭✭✭
    And the answer is --- I don't get those grades do you?????
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    OK Russ here is the was the bulk submissions work. Mr Kennedy Guy sends in 100 Kennedys. Says I want a Min grade of pr70, lets start with cert # 201. he makes 10 PR70s, Cert #s 201-211 are PR70. The no grades get dummy cert numbers so cert #s 212-301 are dead numbers. Then 302 starts the next type of coin.
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • DHeathDHeath Posts: 8,472 ✭✭✭
    There is one more possibility I think. Supposing you owned 100-200 of the 1500 holdered PR69's. If you submitted them bulk regrade, specifying 70 as a minimum, they'd all be numbered suquentially. I'd find that a bit of a stretch since all would have to 70 in the existing holder, but it's a possibility I suppose.
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • Who is the dealer that deals in PR70 material?

    I had a newsetter from him here somewhere at one time...

    www.cameocc.com maybe?

    The Wegner ARRC Bingle Set

    Looking for 1967 PCGS/NGC slabbed coins.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file