The greater fool theory at work? Perhaps a VERY optimistic reserve? Most we ever sold one for was $550. $450-500 is average. One just sold tonight on eBay for only $303 or so.
Doesn't much look like an ms66 in the scan... but with pcgs these days it could be anything. I just got a 1966 graded ms65 and it is nicer than my ms67 64-d.
I hope that's the new going rate. I just bought five of those raw with hopes of making one or two in 65RD. I have a feeling the market will soon be saturated, though, as more of these find their way into holders.
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
I can give you many examples of ms lincolns in the sixties with pops near this coin, selling over 500.00.... This coin has been on my list to go way up, I am not surprised. Demand is high, With little possability of the numbers increasing.
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Wondercoin
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Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
I agree. The price is totally out of line, as to the true value.