Interesting item about coin # 10 million

Halfsense

A "fresh" coin, off the market for a quarter century and owned by an elderly collector, sets the bar up a notch and has the honor of being certified the 10 millionth coin at PCGS. Cool story:


Link to story

-donn-

Shamika

<< <i>We're very excited about this wonderful coin and the lucky timing of when it was submitted to PCGS. >>


Not to be a skeptic, but...

lordmarcovan

Sweet coin.

I wonder what #1 was, and if it's still holdered?

Russ

Anybody notice that these grading milestone announcements NEVER involve some common coin? It's always some great rarity.

Russ, NCNE

Halfsense

<< <i>Anybody notice that these grading milestone announcements NEVER involve some common coin? It's always some great rarity.


Not true. Number 8 million, if I correctly recall, was "only" a VF three-legged Buffalo submitted by a sailor stationed in Norfolk, VA.

-donn-

kieferscoins

<< <i>Anybody notice that these grading milestone announcements NEVER involve some common coin? It's always some great rarity. >>



Yeah, and we bring it up at every milestone Russ. You know that.

Cameron Kiefer

Blade

Russ,
That has always surprised me too - you would think some low value coin would get it one of these days. What are the chances a Pop 1 is the coin found, at random, coming through the PCGS grading line? Not to argue - if it was my PR dept, I would set up to make sure it was an interesting coin as well.

clackamas

<< <i>Anybody notice that these grading milestone announcements NEVER involve some common coin? It's always some great rarity.

Russ, NCNE >>



Yep, Never would be a 2004 SAE or Proof state quarter. Odds seam fairly low that an MS65 gold coin from the 1840's would just happen to be the 10,000,000 coin. How many of these do they get? Not many.

rainbowroosie

C'mon guys, cut PCGS a break....everything in the world is not a conspiracy....well, maybe the Ohio results?????

Russ

<< <i>Yeah, and we bring it up at every milestone Russ. You know that.

Cameron Kiefer >>



Cammie,

Click here.

Russ, NCNE

TUMUSS

What do you guesstimate the hammer will be on that one????

Melmcbee

<< <i>PCGS estimates the total declared value of the ten million certified coins is approximately $10.8 billion. >>



I know that I am new and it is 3:30 in the morning here but.... did I read this correctly? Are they saying this $5.00 gold coin is possibly worth over 10 billion dollars?

LOL... nevermind I read it again.. Sorry

TWODOGS

I got the 12 millionth bodybag and no one said squat!

Barry

I go along with the conspiracy theory, considering the number of moderns being submitted. The odds would have favored a forgettable coin (like an AH Kennedy )

ColonialCoinUnion

<< <i>I go along with the conspiracy theory, considering the number of moderns being submitted. The odds would have favored a forgettable coin (like an AH Kennedy ) >>



Of course.

The other thing I don't quite get is why the coin I submitted last week came back with a number in the 2.7 millions -
can someone explain that?

earlwbollinger

Interesting, i would have thought a lowly Lincoln Memorial at MS64 or MS65 would have gotten the "special" number.

ziggy29

It's probably more like the TWO millionth coin -- the rest are all crackouts and resubmissions of a coin already certified by PCGS.

BigE

Maybe it was a weenie coin and they had to pick something else-------------BigE

maddogale

got the 12 millionth bodybag and no one said squat!

Hey, who let you out of the Open Forum???? BTW, from what I hear, you collect bodybags anyway!!

100proof1957

Gee whiz,lets see here

We have 6200 coins to grade right now,we are at 9,999,999
lets stop for coffee and see what walks in the door in the next 15 minutes and slab that baby as number 10m

Damm ! imagine that,finest known coin on a one day walk through

What are the odds !


UH Right !

TWODOGS

<< <i> got the 12 millionth bodybag and no one said squat!

Hey, who let you out of the Open Forum???? BTW, from what I hear, you collect bodybags anyway!!

>>

Hey! Let's not be starting rumors. (Or perpetuating existing rumors.) I fill and dispose...not collect.

maddogale

Hey! Let's not be starting rumors. (Or perpetuating existing rumors.) I fill and dispose...not collect.

I didn't start the rumor, I just heard it....(via Mr Lee.. ) I'll say no more about it......

TWODOGS

<< <i>I didn't start the rumor, I just heard it....(via Mr Lee.. ) I'll say no more about it...... >>

MrLee is the spawn of Satan and only exists to foment discord.

nwcs

<< <i>

<< <i>Anybody notice that these grading milestone announcements NEVER involve some common coin? It's always some great rarity.


Not true. Number 8 million, if I correctly recall, was "only" a VF three-legged Buffalo submitted by a sailor stationed in Norfolk, VA.

-donn- >>

8 million was a super duper SLQ that Whitlow submitted.

Coinosaurus

Probably when they got within 10 or 20 thousand coins they just said, "let's take the next good one and call it number 10,000,000".

coinguy89

<< <i>Maybe it was a weenie coin and they had to pick something else-------------BigE >>



I agree, I personally think it is a publicity deal. If I was a grading service i'd make sure all of the landmark ones graded were great rarities. It makes your service look better, saying you get the nice rare ones.