I must be missing something???
rcmlgm89
Posts: 546
Just completed ebay auction for 2004-P Peace Medal Jefferson Nickel PCGS MS-67
I collect Jefferson's but I think this is a bit much.
Jefferson Collection
I collect Jefferson's but I think this is a bit much.
Jefferson Collection
0
Comments
My bet is that this coin will be returned to the seller since it had a return policy.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
<< <i>My bet is that this coin will be returned to the seller since it had a return policy. >>
I doubt it. The winning bidder is no stranger to paying strong money for the coins he wants.
Russ, NCNE
Time will tell whether the that coin stays a $500+ coin. The key I believe is whether Jay's maid can enlist the services of all of her teenage assistants and the team of maids can produce more of them
You do know that this coin was likely "cherry-picked" by a maid or nanny (pardon me if she was actually the nanny)
Wondercoin
But I agree totally with the statement "Both buyer and seller are class acts."
Of course if the buyer doesn't think the coin deserves the grade he will return it. We know it is a gamble to buy highest graded coins as they are newly made. However nickels are, and always have been, tough to make in super high grades and I have the impression that the Mint rushed to produce a huge number of 2004s. I don't think they cared much about producing top quality coins. That is just an impression and guess so take it with a grain of salt...
peacockcoins
rainbowroosie April 1, 2003
Now if I had seen this auction in time I would have placed a higher bid – OOPS I won this one!
If you want to see crazy money check out the tonight’s Teletrade auction for a 2001P MS68FS last bid was $3000 for a pop 4 coin.
The pop on the MS67 I won was only a 3. Looks like a bargain by that standard
My Jefferson Full Step Variety Set (1938 - Current)
My Jefferson Proof Variety Set (1938 - Current)
The 04 Peace Medal nickel in MS67 is an uncertain "commodity" at this point - although Frank knows his Jeffs and I suspect he got a fine deal on the coin today.
Wondercoin
I also have some very nice Jessica Lynch MS-66 Signed Nickels for a 1/4th the price (pair)
I just got done submitting a box full of coins (using up my free gradings too) Saturday.
Now I have to go back and check out my Peace Medal nickels and see if I need to send them in too.
Geeeesh. . .
JMHO,
Mike
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
I wasn't suprised the coin brought so much. It's pretty normal for the first few high grade coins to be graded go for a lot of money. Usually a bunch more coins get graded and the price collapses and sometimes it turns out they are the tough ones and the price stays up there. Time will tell on this one. I think the 2004-P Peace in MS-67 will be the hardest nickel to get. Most of the people I've talked to say the 2004-P Peace Nickels in the mint sets have been dogs.
The coin is very solid for the grade and I doubt it will be returned. On ebay I've never had someone return a coin because they felt they paid too much. The few returns I've had were coins that the customer wasn't happy with the quality.
Mike
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!