MS68-69s in the new mint sets? Not in the three I got

K6AZ

Just got the three mint sets I ordered. While the finish is nice, I sure don't see any of these going over 66.

I think that guy with all the PCGS 68-69s is going to be in a world of hurt.

Steve27

"I think that guy with all the PCGS 68-69s is going to be in a world of hurt."

My impression, from the auction information, was that he didn't have them in hand but they were on their way back from PCGS (I assume he saw the grades on-line).

CoinFame

<< <i>Just got the three mint sets I ordered. While the finish is nice, I sure don't see any of these going over 66. >>



The major difference is that it takes six figures to make all those coins.

Those prices are coing to shoot through the roof in the last moments of the auctions because there's more than one of us to figure out how rare some of them are.

My hat is off to him for stepping up to the plate.

itsnotjustme

The pop reports have updated since his listings were posted. They do not support what he is selling.

itsnotjustme

From searching 20 sets, or 440 coins, I selected 16 for submission. I expect 68 or 69 on all--I hope PCGS agrees.

K6AZ

<< <i>The pop reports have updated since his listings were posted. They do not support what he is selling. >>



That's what I thought, that he sent them in and listed them at his grade. We'll just have to keep an eye on his feedback.

TWQG

<< <i>because there's more than one of us to figure out how rare some of them are. >>

-Since they're still making these I wonder how you've figured they're rare?

CoinFame

<< <i>

<< <i>because there's more than one of us to figure out how rare some of them are. >>

-Since they're still making these I wonder how you've figured they're rare? >>



I make these coins too. Some of those are very rare.

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<< <i>The pop reports have updated since his listings were posted. They do not support what he is selling. >>



He was very nice to talk to. You might ask him.

TAP444

I think all those auctions have been cancelled, there was a thread
on the registry forum about it

keets

realistically, it's still a bit early to determine any kind of rarity----or in actual truth, scarcity----for these 2005 Mint Set coins. the sets are still not even reaching those who pre-ordered and if that's any indication of demand, there should be enough ultra gems produced to raise the supply. demand, the ultimate fixer of price, is another story. i'd assume that since this is a new approach by the Mint, striking MS coins aimed at collectors, the demand will keep prices high even though the pop report shows a disproportionate number of 69's vs. price. if there is going to be a difference in quality between the Mint Set coins and those struck for general circulation, i'd assume that the real money will be in the higher grade roll coins.

the pop report shows that even when the Mint was striking coins as before some MS68-69 examples were still being holdered, with that number climbing for the most difficult denominations in the past couple of years. once the current new process is refined we should see a steady supply of gems, that unless mishandled, should all grade MS68++, leaving the packaging as the most likely detriment that the Mint will need to change.

also, three sets is hardly enough of a sampling to give a realistic expectation as to quality.

itsnotjustme

The new process is the finish. There is still a lot of rough handling going on to produce the marks many of these coins have. In general though, the grades will be higher than any group of mint sets I have seen.

stev32k

I just received four silver proof sets. None of them look as good as they should. The reverse of all four bison nickels have scrapes in exactly the same location. Must have been a problem with either packaging or the dies. The other stuff is on the holder not the coin.

keets

hey Brian

my quick math says 3-4% from your still early and still small sampling, but from past knowledge your grade assumptions can probably be trusted. can you give a breakdown by denomination?? my hunch is that they are mostly cents, dimes and Sac Dollars.

keets

hey stev32k

that more than likely isn't a scrape from handling, it looks to either be an ejection problem, extreme flow lines or probably some type of problem with that particular die in that area. since you mentioned that all the coins had this in the same place, i'll say it's die fatigue.

itsnotjustme

Breakdown is:

P-Mint
1c MS68 or 69
5c Bison MS68
5c Bison MS68/69
10c MS68FB
10c MS68/69FB
25c CA MS68/69
25c MN MS68/69
25c OR MS 68/69
25c KA MS68
25c WV MS68/69
50c MS68/69
$1 MS68


D-Mint
1c MS68+
5c Ocean MS67/68
25c OR MS68++
25c KA MS68/69

stev32k

<<since you mentioned that all the coins had this in the same place, i'll say it's die fatigue.>>

OK. I guess I have four proof Bison nickels with "Tired Die Syndrome". Wonder if I could get PCGS designation for that?

Russ

<< <i>My impression, from the auction information, was that he didn't have them in hand but they were on their way back from PCGS (I assume he saw the grades on-line). >>



The coins have not even been graded, and he's betting on the come. I eMailed him and asked for a cert number on an MS69 Kennedy. He tried to BS me by saying that you can't get cert numbers when a bulk submission result is posted.

Look for him to rack up the negatives over the next few weeks.

Russ, NCNE

CarlWohlforth

I agree with Keets on the proof coins. Those look like striations. They are very common on proof Mercury dimes. I recieved some 2005 proofs with some too.