DH is tied up this week providing free expert opinions on coins to collectors at the Long Beach Show. So, I know I will not be able to follow up with him on some of the open issues until next week.
Wondercoin.
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I have looked at around 40,000 state quarters so far in 2006 and not a single one even close to looking satin finish. It is becoming clear to me that PCGS does not share our desire to make this clean up happen quickly. PCGS can piecemeally fix the data base for a WV-P in MS69 (Rogers coin) so why cannot they fix the rest without some major software over-haul? The pop report screw up has really negatively impacted the price of MS coins. A few days ago I sold one of my MN-D in MS68 and when I first quoted the price the Buyer tried to negotiate by referring to the large pop. By the time I showed him the real pop (13 coins) he was reaching for his check-book and I may have under-priced the coin. This is a state quarter specialist so even though we on the thread know what is going on the secret has not been released to coin world or other media so most of the state quarter collectors still do not know how afoul the 2005 pop report is. I recently cracked out and resubmitted a 1966 Kennedy half in PCGS MS66 from my boy-hood collection that is undergraded in my opinion and should be an MS67. Guess how PCGS graded the coin? Yes you guessed it is now in a SMS holder!+?*&%%^^. (That is swearing in code). dr
<< <i>A few days ago I sold one of my MN-D in MS68 and when I first quoted the price the Buyer tried to negotiate by referring to the large pop. By the time I showed him the real pop (13 coins) he was reaching for his check-book and I may have under-priced the coin. This is a state quarter specialist so even though we on the thread know what is going on the secret has not been released to coin world or other media so most of the state quarter collectors still do not know how afoul the 2005 pop report is >>
You don't know how many times I've wanted to mention the fouled up pop report in ebay listings. It is sooooo tempting. The thing that holds me back is not so much the legal position which I could find myself in, as it's more the fact that it could really have a profound effect in people's overall confidence in tpg's. I admit, I am one of those wannabee's that other's complain about. I buy and sell a few things to offset the cost of my collecting (well, when I'm not taking a loss cause I screwed up and paid too much for this or that, or my timing was off). A lot of us do. What happens if all of a sudden very few collectors feel any confidence in the major tpgs and we have no way to reap the benefits of our "trading material" so to speak? I for one, would never be able to continue collecting coins at the level I have become accustomed to. And I'm pretty sure there are others out there in the same position.
I definately understand your thoughts about underselling something that should, and would bring more $, if the correct information was out there for people to see, and therefore be more aggressive in their bids/offers. We all like to get a great deal, but it can't and won't always happen with low pop coins, be they moderns or old coins. Hell, a lot of the fun from this game comes from seeing +/- columns when the dust all settles.
Doug I am really happy to hear that our mint is not releasing sf coins into circulation. 40,000 quarters, man your eyes gotta be crossed up!!! That's what I have to call dedication to the "search."
Sorry about your submission results. Maybe you ought to send that half to DH for presidential review, maybe with a scan of the original cert. I doubt the situation could get any worse!!! (Now that I think of it, a downgrade along with the wrong designation could bring out a lot more of that !+?*&%%^^ thing you stated)
Somebody needs to read this thread. Or put a higher price tag on the sf coins than the bs coins.
Hey get this. If I have all bs coins listed in my registry, I am in 11th place with a set rating of 67.70. If I add in the 9 sf quarters I own I jump to 7th place, with a rating of 67.84. What's wrong with this picture? :
The set registry deadline is June 30 so I encourange everyone to put in their SF coins and get the highest spot in the registry they can. Those mutinous scoundrels ha.ha. just kidding John and Roger... can pull their SF coins out thereafter and let their sets fall again since it is the measuring stick of the 6/30/06 date that really counts and then you get bragging rights and assumedly a keener ear from PCGS if you rank in the top ten by registering your SF coins before June 30. Since you have already paid the freight for the 2005 SF coins just let them ride for now and put them in the day before the deadline and break a few hearts of those that are temporarily enjoying your limelight. They will get it back after you withdraw your SF coins again but it will cheapen the effect of their position in the registry in the off-season. More decisions soon with the release of the 2006 mint sets and no corrections for the 354 remaining data base errors from 2005 SF vs MS holder SNAFU. Wouldn't it be great if the mint just went back to their old production techniques or just made an eleven coin set of SF and dropped the mint mark? I received advance mint notice a few weeks ago of delivery coming but no notice of any changes to the mint set program has been heard. dr
My newest addition to the true registry. Thank you Don, nice coin. Looks better in hand than in the pic. Well, no changes yet. I hope mas is right and maybe we see it on 7/1/06. We can always hope anyway.
GREAT NEWS ON THE POP CORRECTION FRONT! DH CALLED ME YESTERDAY AND TOLD ME THE SOFTWARE NEEDED TO FIX THE POP REPORT OPEN ISSUES IS NOW FINALLY OPERATING TO HIS SATISFACTION. I BELIEVE HE PLANS TO BEGIN CORRECTING THE PROBLEMS EARLY NEXT WEEK. I HAD PREPARED A LIST OF POP REPORT ERRORS/OMISSIONS AND FORWARDED IT TO DH ABOUT A WEEK AGO WITH STATE QUARTERS, OF COURSE, BEING AT THE TOP OF THAT LIST.
Wondercoin
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Thanks Mitch! At last!!!!! Was there a lot of errors made in the other sf series coins? Just curious. Maybe if we could see the big picture here we would have a better understanding of the enormity of the problem. Glad to see pcgs is finally going to get the fix in place. Next stop, more variety sets!!!! Again, thank you for the update Mitch. It's welcome news indeed.
"Was there a lot of errors made in the other sf series coins?"
Roger: Not that I am aware of. I am working with DH right now on addressing some Proof State quarter issues, as well as some issues in the MS Silver Eagle and Proof Ike Dollar series.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I'm still wondering when the people at PCGS realize that about 500 of the posts in this thread are complaints. Maybe they will realize that the customers are not happy!!!! There have been about three dealers quit submitting coins. There have been about three or four complete sets sold. What else is it going to take?
<< <i>I'm still wondering when the people at PCGS realize that about 500 of the posts in this thread are complaints. Maybe they will realize that the customers are not happy!!!! >>
rb, great NH-D. Can see the fine surface granules that SF coins do not have, even though this may be a mint set coin due to the great strike. These are very rare in true MS68, this one looks all there. My hands are tired from holding them for the applause. dr
Thank you for the positive comments on the NH quarter. This coin was part of twodollardon's (Don Nelson) collection that he recently put on the market. I am very happy with this coin. I have seen a few of them around, but the timing was never right. This time it all came together. Sometimes it pays to jump up and grab a coin, and other times it pays to wait. Now the real thing to figure out is how to tell the difference!
The pop report looks the same to me as it did last week. Patience is a virtue, and I don't seem to be very virtuous when it comes to it. I was talking to another SHQ collector last night, and the subject of prices came up on the 05 bs strike quarters. I would like to get more input on the subject. So which do you fellow collectors think will have a greater impact on the price of these:
1. A correct pop report so people can see how truly rare some of these are?
or
2. A true "businiss strike registry" where non sf coins are required?
or
3. A variety set registry where both are required.
We have already seen what a mixed registry has done to these. Why pay $700-$1000 or more for a pop 3 Ks-d ms68 when you can get a ms69sf for $200-$300 if that much? Or maybe a better example is the KS-p in ms68 which is in hiding and purchased for who knows how much? I paid about $400 for my sf version in 69 (it still smarts that I didn't get that cameo looking one, thank you very much Michael LOL).
So which do you fellow collectors think will have a greater impact on the price of these:
1. A correct pop report so people can see how truly rare some of these are? The people who search for the coins know which ones are easy and which ones are more plentiful. While a pop report helps determine price it is still what is on the market now that is the true test for cost. (It is supply of available coins vs. dermand at the present time).
2. A true "business strike registry" where non SF coins are required? This would have the greatest impact for the top pops. Since many sets who are complete now would not be if this change was made. The higher sets would buy the lower pop coins.
3. A variety set registry where both are required. That would help more than 1 but less than 2.
A few facts here (IMHO) Low / Top Pop coins will continue to be expensive to buy. (SF or BS.) Less and Less BS coins will be submitted because of the cost (time) and value (return on the undergrades). Although bulk submissions have taken over as the thing to do for state quarters (note the high percentage of MS67 in pop report) it still requires more skill then buying mint sets and submitting them for grades. Since it is less profitable for the makers of these coins and the fact that if the collector/maker is keeping more and more top pop coins for future trade and not outright sale prices will remain high. Again just an opinion for a novice collector.
A deal is a deal but when you think you have a deal and months later there is no action then clearly we do not have any deal at this time with PCGS. My vote is to not require SF coins in the basic business strike set of state quarters and no varieties either. The SF coins should go in a variety set with the Wisconson leaf varieties and any other future variety. Heritage is auctioning off a WI-D high leaf 66 and have boldly announced it as the key to the set. I declare bull-pucky on that. A variety has never been the key to the set. Tell a varieties expert in WA quarters that the so called 1964 SMS quarter is the key to the set and see what they say. I think PCGS should immediately announce that the SF coins are not needed for the basic set. I am seriously considering canceling my mint set order this year and let the bulk grading experts have at it. It appears that PCGS is waiting for the June 30 date to pass but then that will establish a bad precedent for the future. If I unregtister my SF coins in favor of my MS coins I will still have the number one business strike set in the country even though I would be further down in the ranking and most people would not even notice my set anymore. I am seriouslu considering withdrawing my SF coins from the registry after the June 30 date and maybe we should all do that to make a point? dr
"Heritage is auctioning off a WI-D high leaf 66 and have boldly announced it as the key to the set."
What other PCGS-MS66 state quarter sells for $3,000-$4,000+? The 1990 NO S Lincoln Proof Cent is clearly the key to the modern Proof Lincoln Collection - no? Be that as it may, last I heard, PCGS was carefully reviewing the list of 350+ proposed changes to the MS State quarters. Has it taken a longer time than expected to get it done - perhaps. What did they tell you Doug the last time you called and spoke to someone over at PCGS concerning the 350 coin list you sent over to them?
Wondercoin
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Don't think I've read anything here that you have posted that I disagreed with, we know what the RIGHT thing to do is.
As for the hunt for Business strike coins which I Believe belong in the current sets, as do many others with a few exceptions, It will continue. PCGS recognized Satin Finish as a variety, check coin numbering, and business strike as the coins that belong as these have received the numbering system as previous year State Quarters.
As for the WI High/Low Leaf coins they belong in the variety set along with the new variety coins of 2005.
<< <i>A deal is a deal but when you think you have a deal and months later there is no action then clearly we do not have any deal at this time with PCGS. My vote is to not require SF coins in the basic business strike set of state quarters and no varieties either. The SF coins should go in a variety set with the Wisconson leaf varieties and any other future variety. Heritage is auctioning off a WI-D high leaf 66 and have boldly announced it as the key to the set. I declare bull-pucky on that. A variety has never been the key to the set. Tell a varieties expert in WA quarters that the so called 1964 SMS quarter is the key to the set and see what they say. I think PCGS should immediately announce that the SF coins are not needed for the basic set. I am seriously considering canceling my mint set order this year and let the bulk grading experts have at it. It appears that PCGS is waiting for the June 30 date to pass but then that will establish a bad precedent for the future. If I unregtister my SF coins in favor of my MS coins I will still have the number one business strike set in the country even though I would be further down in the ranking and most people would not even notice my set anymore. I am seriouslu considering withdrawing my SF coins from the registry after the June 30 date and maybe we should all do that to make a point? dr >>
I don't save statehood quarters, but my son and I do have a complete set of Kennedy Half Dollars and we are in a similar situation. PCGS has different slot in the Complete Kennedy Half Dollars for Clad Proofs, Silver Proofs, SMS, MS and even an Accent Hair coin; but they won't give seperate slots for the 2005 Bussiness Strike & Saten Finish (how can a complete set be complete without both types of finish?).
After June 30th, if you want to organize a protest, we will delete our set from the registry in support, until PCGS gets their act togather. I hope PCGS will see the light and understand that the ORPHANS need a home TOO.
Thought I'd share a picture just E-mailed from PCGS of a 2005 P Kansas BUSINESS STRIKE coin which I recently submitted. Picture is available but no grades yet.
<< <i>Thought I'd share a picture just E-mailed from PCGS of a 2005 P Kansas BUSINESS STRIKE coin which I recently submitted. Picture is available but no grades yet.
MASS, that coin should 68 unless there is a light graze along the cheek or bust, common problems with this date. From the picture it looks great. FYI I still need a KS-P in MS68. dr
Mitch. We are in agreement. The WI-D high leaf variety is currently the key to the error/variety set. The person that has the PCGS MS67 high leaf must be very happy. The person that has the MS67 low leaf is very happy and greedy it appears offering it for $100k on e-bay. I have not made further calls to PCGS. When Ron did not return my call or email last time around I suspected a gag order had been placed so I did not keep bugging Ron, I know he would have communicated with me if he could have. I am completely in the dark and that is why I elected to prepare the professional summary of the error and overnight it to PCGS to David Halls attention. Several other coins in the SN range provided have been seen by others in the SF holders and a fellow collector has a WV-P SF68 in the SF holder that shows MS on the data base. I think it is clear that all these in the SN range provided are in SF holders. If PCGS would give us guidance on anything more we collectors need to do to get some action we will do it (do they need more pictures of coins in this SN sequence in SF holders or will POW and BRC testimony be enough to convince them?). As it is we are all like mushrooms in the dark being fed mushroom food. The pop report clean-up must be done before there is a slot for MS coins in the registry else it will become distorted by the 350 errors that no doubt will be entered in the registry by others as MS coins even though the holder says SF. dr
"Mitch. We are in agreement. The WI-D high leaf variety is currently the key to the error/variety set. The person that has the PCGS MS67 high leaf must be very happy. The person that has the MS67 low leaf is very happy and greedy it appears offering it for $100k on e-bay."
Someone told me it was the high leaf MS67 that was out there for $100k (not low leaf?). Anyway, hopefully the MS state quarters will be addressed FIRST, as I have numerous other corrections on hold awaiting resolution of the MS state quarter issues.
Doug (OT) - isn't it amazing that these WI error quarters are selling for $2,000, $4,000 and now possibly tens of thousands of dollars (with hundreds and thousands known) and yet an incredible variety coin like the 1943(p) DDO Silver Washington Quarter in MS63 (with just a handful of MS coins known period) is still sitting at $4,000 (Price Guide level) in finest known Mint State grade! Not bashing moderns or anything, but, what is going on out there?
Wondercoin
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Michael, I think the bison side at around 1-2:00 near rim, should keep it in a 6 or 7 holder. Doug, is that a worn die or polish problem or both? i'm not good at die states like you are.
Mark. Good eye on that 2:00 area of the above KS-P.... I really had not noticed it. It does looks like an as struck die erosion, die polish area, rough planchet area, or may just be die flow cathing the light wierd... really need to see the coin in person to properly grade it. It may lessen the eye appeal of the coin in person and PCGS may down grade accordingly. I have seen state quarters in MS68 holders that had some of this near the edge of the coin but if PCGS wants an excuse to grade conservatively like they have on my submissions lately then that may give them an out. I will still buy the coin in an MS68 holder if it is just an as struck eye appeal issue. If PCGS can get past it I can also and these will be too scarce in the MS68 holder to be as choosy as I like. Mitch. You are right that e-bay WI-D PCGS MS67 coin is the high leaf variety, still out there waiting for buy it now at $99K. I think the WI errors have that national appeal because they were in USA today and other national publications. People buying these may not even have a state quarter collection and may have just heard about them from TV and newspaper. My dad read the story and asked me to buy him a set several months ago so I did and he read about it in USA today. The cleaning lady at work knows I collect state quarters (I leave her a few of each new release for her kids as a tip) and she read about it and asked me to find some for her until she found out how expensive they were in BU so in my opinion it is the national media exposure that really lifted the coins.
Mas that is a really sweet Ks quarter! No matter the possible problem @ the 1-2 o'clock rev position. That thing is nice nice nice. Good luck with the grade. If these are to be found in 68, I have no doubt it will be either you or Doug that finds it.
And man do I hope for the "variety set (soon)." This bs/sf registry needs to be handled and put to rest.
Doug I don't have a problem pulling my sf quarters from the collection and reinstating the true business strike coins where they belong come July. Does this mean that I have to pull my business strike WV-d from my 05 mint set registry also? To date I haven't bought that coin in sf, well, I do have it in 69, but its wrapped in plastic from across the street . Don has one for sale and if need be I will go and buy his and gladly put it into my set. If you can get all the top 10 collectors to pull their sf quarters, a point just might be made.
Once again mas, nice coin and good luck with the 3 second grading process! Oh yeah, glad you got laugh outta that post....I chuckle everytime I think about it . It was nice of you to give me the opportunity to see it in hand.
<< <i>Auction looks like it turned out exactly as expected. No one bid his $99,000! >>
He was just fishing for what the market would offer, of course. I guess he found out, since he got a good number of bids. I just don't know if he accepted anyone's bid, and I was curious was that coin went for, if in fact the guy finally decided to sell it to someone.
I'm not planning on collecting the State Quarters. But I do think the leaf varieties on the Wisconsin is a winner, and thoroughly cool.
Hey, I don't know if this is really OT or not, but could this be a legitimate error? I know a few of you have looked at hundreds - if not thousands - of MN quarters....
Examples: The erroneous "pop 1" 1976(s) Ty 1 Ike in PR70DC (which was keeping Parke Kallenberg from having the perfect Proof Ike set he possesses is now removed from the Pop Report.
The erroneous 2005 "pop 1" MS70 Silver Eagle - removed from the pop report.
The MS68 and MS69 "regular issue" Bison nickels that are (IMHO) nothing more than mechanical error SF coins - removed from the pop report.
The 350+ "regular issue" state quarters that are really SF coins - corrections in process.
Thousands of other coins now under review and I suspect soon to be resolved as well.
Great job PCGS!
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I stopped reading this after, oh lets say around 550 posts. I will start to read this from this point on, but can someone please tell me that after 2.5 months and 600 posts later, has anything come of this.
Please keep your response to 500 words or less, because Paul here has only time for 2 books a day.
Comments
Wondercoin.
<< <i>A few days ago I sold one of my MN-D in MS68 and when I first quoted the price the Buyer tried to negotiate by referring to the large pop. By the time I showed him the real pop (13 coins) he was reaching for his check-book and I may have under-priced the coin. This is a state quarter specialist so even though we on the thread know what is going on the secret has not been released to coin world or other media so most of the state quarter collectors still do not know how afoul the 2005 pop report is >>
You don't know how many times I've wanted to mention the fouled up pop report in ebay listings. It is sooooo tempting. The thing that
holds me back is not so much the legal position which I could find myself in, as it's more the fact that it could really have a profound effect in people's overall confidence in tpg's. I admit, I am one of those wannabee's that other's complain about. I buy and sell a few things to
offset the cost of my collecting (well, when I'm not taking a loss cause I screwed up and paid too much for this or that, or my timing was off). A lot of us do. What happens if all of a sudden very few collectors feel any confidence in the major tpgs and we have no way to reap the benefits of our "trading material" so to speak? I for one, would never be able to continue collecting coins at the level I have become accustomed to. And I'm pretty sure there are others out there in the same position.
I definately understand your thoughts about underselling something that should, and would bring more $, if the correct information was out there for people to see, and therefore be more aggressive in their bids/offers. We all like to get a great deal, but it can't and won't always happen with low pop coins, be they moderns or old coins. Hell, a lot of the fun from this game comes from seeing +/- columns when the dust all settles.
Doug I am really happy to hear that our mint is not releasing sf coins into circulation. 40,000 quarters, man your eyes gotta be crossed up!!!
That's what I have to call dedication to the "search."
Sorry about your submission results. Maybe you ought to send that half to DH for presidential review, maybe with a scan of the original cert. I doubt the situation could get any worse!!! (Now that I think of it, a downgrade along with the wrong designation could bring out a lot more of that !+?*&%%^^ thing you stated)
Roger
Are the pop reports being corrected soon, too?
Seriously..., the Price Guide increased the MN-D in 69 from $80 to $180. OK, I'll take one.
Do the people responsible for the Price Guide know the people responsible for the Pop Report?
What do they know to cause such an increase?
Perhaps they've read this thread....
Hey get this. If I have all bs coins listed in my registry, I am in 11th place with a set rating of 67.70. If I add in the 9 sf quarters I own
I jump to 7th place, with a rating of 67.84. What's wrong with this picture?
new WI-P MS68 but no fixes in the 2005 business strike / satin finish arena
<< <i>new WI-P MS68 >>
Nice
Tim
My newest addition to the true registry. Thank you Don, nice coin. Looks better in hand than in the pic.
Well, no changes yet. I hope mas is right and maybe we see it on 7/1/06. We can always hope anyway.
GREAT NEWS ON THE POP CORRECTION FRONT! DH CALLED ME YESTERDAY AND TOLD ME THE SOFTWARE NEEDED TO FIX THE POP REPORT OPEN ISSUES IS NOW FINALLY OPERATING TO HIS SATISFACTION. I BELIEVE HE PLANS TO BEGIN CORRECTING THE PROBLEMS EARLY NEXT WEEK. I HAD PREPARED A LIST OF POP REPORT ERRORS/OMISSIONS AND FORWARDED IT TO DH ABOUT A WEEK AGO WITH STATE QUARTERS, OF COURSE, BEING AT THE TOP OF THAT LIST.
Wondercoin
stop, more variety sets!!!! Again, thank you for the update Mitch. It's welcome news indeed.
Roger
Roger: Not that I am aware of. I am working with DH right now on addressing some Proof State quarter issues, as well as some issues in the MS Silver Eagle and Proof Ike Dollar series.
Wondercoin
LOOKS LIKE A GREAT COIN
There have been about three dealers quit submitting coins.
There have been about three or four complete sets sold.
What else is it going to take?
<< <i>I'm still wondering when the people at PCGS realize that about 500 of the posts in this thread are complaints. Maybe they will realize that the customers are not happy!!!! >>
ORPHANS STILL NEEDS A HOME
recently put on the market. I am very happy with this coin. I have seen a few of them around, but the timing was never right. This time it all came together. Sometimes it pays to jump up and grab a coin, and other times it pays to wait. Now the real thing to figure out is how
to tell the difference!
The pop report looks the same to me as it did last week. Patience is a virtue, and I don't seem to be very virtuous when it comes to it.
I was talking to another SHQ collector last night, and the subject of prices came up on the 05 bs strike quarters. I would like to get more input on the subject. So which do you fellow collectors think will have a greater impact on the price of these:
1. A correct pop report so people can see how truly rare some of these are?
or
2. A true "businiss strike registry" where non sf coins are required?
or
3. A variety set registry where both are required.
We have already seen what a mixed registry has done to these. Why pay $700-$1000 or more for a pop 3 Ks-d ms68 when you can get a ms69sf for $200-$300 if that much? Or maybe a better example is the KS-p in ms68 which is in hiding and purchased for who knows how much? I paid about $400 for my sf version in 69 (it still smarts that I didn't get that cameo looking one, thank you very much Michael LOL).
1. A correct pop report so people can see how truly rare some of these are?
The people who search for the coins know which ones are easy and which ones are more plentiful. While a pop report helps determine price it is still what is on the market now that is the true test for cost. (It is supply of available coins vs. dermand at the present time).
2. A true "business strike registry" where non SF coins are required? This would have the greatest impact for the top pops. Since many sets who are complete now would not be if this change was made. The higher sets would buy the lower pop coins.
3. A variety set registry where both are required. That would help more than 1 but less than 2.
A few facts here (IMHO)
Low / Top Pop coins will continue to be expensive to buy. (SF or BS.) Less and Less BS coins will be submitted because of the cost (time) and value (return on the undergrades). Although bulk submissions have taken over as the thing to do for state quarters (note the high percentage of MS67 in pop report) it still requires more skill then buying mint sets and submitting them for grades. Since it is less profitable for the makers of these coins and the fact that if the collector/maker is keeping more and more top pop coins for future trade and not outright sale prices will remain high. Again just an opinion for a novice collector.
<< <i>Less and Less BS coins will be submitted because of the cost (time) and value (return on the undergrades). >>
The search will continue
What other PCGS-MS66 state quarter sells for $3,000-$4,000+? The 1990 NO S Lincoln Proof Cent is clearly the key to the modern Proof Lincoln Collection - no? Be that as it may, last I heard, PCGS was carefully reviewing the list of 350+ proposed changes to the MS State quarters. Has it taken a longer time than expected to get it done - perhaps. What did they tell you Doug the last time you called and spoke to someone over at PCGS concerning the 350 coin list you sent over to them?
Wondercoin
Don't think I've read anything here that you have posted that I disagreed with, we know what the RIGHT thing to do is.
As for the hunt for Business strike coins which I Believe belong in the current sets, as do many others with a few exceptions, It will continue. PCGS recognized Satin Finish as a variety, check coin numbering, and business strike as the coins that belong as these have received the numbering system as previous year State Quarters.
As for the WI High/Low Leaf coins they belong in the variety set along with the new variety coins of 2005.
<< <i>A deal is a deal but when you think you have a deal and months later there is no action then clearly we do not have any deal at this time with PCGS. My vote is to not require SF coins in the basic business strike set of state quarters and no varieties either. The SF coins should go in a variety set with the Wisconson leaf varieties and any other future variety. Heritage is auctioning off a WI-D high leaf 66 and have boldly announced it as the key to the set. I declare bull-pucky on that. A variety has never been the key to the set. Tell a varieties expert in WA quarters that the so called 1964 SMS quarter is the key to the set and see what they say. I think PCGS should immediately announce that the SF coins are not needed for the basic set. I am seriously considering canceling my mint set order this year and let the bulk grading experts have at it. It appears that PCGS is waiting for the June 30 date to pass but then that will establish a bad precedent for the future. If I unregtister my SF coins in favor of my MS coins I will still have the number one business strike set in the country even though I would be further down in the ranking and most people would not even notice my set anymore. I am seriouslu considering withdrawing my SF coins from the registry after the June 30 date and maybe we should all do that to make a point? dr >>
I don't save statehood quarters, but my son and I do have a complete set of Kennedy Half Dollars and we are in a similar situation. PCGS has different slot in the Complete Kennedy Half Dollars for Clad Proofs, Silver Proofs, SMS, MS and even an Accent Hair coin; but they won't give seperate slots for the 2005 Bussiness Strike & Saten Finish (how can a complete set be complete without both types of finish?).
After June 30th, if you want to organize a protest, we will delete our set from the registry in support, until PCGS gets their act togather. I hope PCGS will see the light and understand that the ORPHANS need a home TOO.
Anyone care to guess the grade?
<< <i>Thought I'd share a picture just E-mailed from PCGS of a 2005 P Kansas BUSINESS STRIKE coin which I recently submitted. Picture is available but no grades yet.
Anyone care to guess the grade? >>
NICE COIN!!!
I agree - that is why the error WI will (hopefully) be part of a variety set (soon).
Wondercoin
Someone told me it was the high leaf MS67 that was out there for $100k (not low leaf?). Anyway, hopefully the MS state quarters will be addressed FIRST, as I have numerous other corrections on hold awaiting resolution of the MS state quarter issues.
Doug (OT) - isn't it amazing that these WI error quarters are selling for $2,000, $4,000 and now possibly tens of thousands of dollars (with hundreds and thousands known) and yet an incredible variety coin like the 1943(p) DDO Silver Washington Quarter in MS63 (with just a handful of MS coins known period) is still sitting at $4,000 (Price Guide level) in finest known Mint State grade! Not bashing moderns or anything, but, what is going on out there?
Wondercoin
Mitch. You are right that e-bay WI-D PCGS MS67 coin is the high leaf variety, still out there waiting for buy it now at $99K. I think the WI errors have that national appeal because they were in USA today and other national publications. People buying these may not even have a state quarter collection and may have just heard about them from TV and newspaper. My dad read the story and asked me to buy him a set several months ago so I did and he read about it in USA today. The cleaning lady at work knows I collect state quarters (I leave her a few of each new release for her kids as a tip) and she read about it and asked me to find some for her until she found out how expensive they were in BU so in my opinion it is the national media exposure that really lifted the coins.
And man do I hope for the "variety set (soon)." This bs/sf registry needs to be handled and put to rest.
Doug I don't have a problem pulling my sf quarters from the collection and reinstating the true business strike coins where they belong come July. Does this mean that I have to pull my business strike WV-d from my 05 mint set registry also? To date I haven't bought that coin in sf, well, I do have it in 69, but its wrapped in plastic from across the street
Once again mas, nice coin and good luck with the 3 second grading process! Oh yeah, glad you got laugh outta that post....I chuckle everytime I think about it
Here's a warning parable for coin collectors...
David: Don't tell me you plan on buying out the #1 collection of MS State quarters as well, to go along with your silver quarters
Auction looks like it turned out exactly as expected. No one bid his $99,000!
Wondercoin
<< <i>Auction looks like it turned out exactly as expected. No one bid his $99,000! >>
He was just fishing for what the market would offer, of course. I guess he found out, since he got a good number of bids. I just don't know if he accepted anyone's bid, and I was curious was that coin went for, if in fact the guy finally decided to sell it to someone.
I'm not planning on collecting the State Quarters. But I do think the leaf varieties on the Wisconsin is a winner, and thoroughly cool.
Here's a warning parable for coin collectors...
Link to MN Error Quarter "Extra Tree" thread
OH NO, now I'm a picture thief! Think the seller will mind?
Examples: The erroneous "pop 1" 1976(s) Ty 1 Ike in PR70DC (which was keeping Parke Kallenberg from having the perfect Proof Ike set he possesses is now removed from the Pop Report.
The erroneous 2005 "pop 1" MS70 Silver Eagle - removed from the pop report.
The MS68 and MS69 "regular issue" Bison nickels that are (IMHO) nothing more than mechanical error SF coins - removed from the pop report.
The 350+ "regular issue" state quarters that are really SF coins - corrections in process.
Thousands of other coins now under review and I suspect soon to be resolved as well.
Great job PCGS!
Wondercoin
Please keep your response to 500 words or less, because Paul here has only time for 2 books a day.
Later, Paul.
Later, Paul.
<< <i>Ok. who's up for hitting the 700th??? >>
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