Please help me I bought a modern tonight

BigE

I can't stay in the closet anymore, the guilt is overwhelming, I am a redneck in Oregon and I bought one of these------------------BigE

TAClough

Nice looking coin, I don't care what Laura says!

Tim

Myqqy

Mintage of 8,000?? I don't think that's the kind of modern she was talking about....

cladking

<< <i>I can't stay in the closet anymore, the guilt is overwhelming, I am a redneck in Oregon and I bought one of these------------------BigE >>



Don't worry. That's not even really modern, but be careful, you're getting pretty close.

BigE

The mintage thing is making me feel a little better---------------------BigE

kiyote

Excellent score!

BlindedByEgo

Eeeewwww - quick, get rid of it!

Oh wait, you can't - there's no market maker

pontiacinf

<< <i>Eeeewwww - quick, get rid of it!

Oh wait, you can't - there's no market maker >>



oh man if that one didnt make me choke

BigE

Maybe I'll tell the neighbors it was adopted--------------------BigE

TwoSides2aCoin

<< <i>Maybe I'll tell the neighbors it was adopted--------------------BigE >>




LOL at the Redneck thing vs. the coin you chose. Nothing like finding the contrast in order to find the humor ......

as for the coin .... You cannot lose !

shirohniichan

Holy crap! I can't believe the huge price increases for a measly one-point grade bump! You can buy 65's all day long for $100. You modern widget collectors drive me crazy!

Wait until bags of those things show up on the market in a few years. Then you'll be sorry!

slipgate

That's a great coin! - I consider moderns to be post 64's (clad) with super high mintages. I collect about 70% because I like what I collect and 30% because of rarity.

stev32k

I think there is a 12 step program you can enter to help you get over your affection. However, I don't think it would be covered by medical insurance. (Nice coin )

mozin

I am not a fan of the Washington Carver design, in fact, I really dislike it. Still, nice to see you finally bought a Classic Commemorative. Better yet, you bought a PCGS WC rather than NGC.

What I find interesting about the 1952 WC PDS set is not only the relative difference in price for the different mintmarks, but more so the huge difference in price from Greysheet to Numismedia wholesale as listed on the Heritage site.

Based on Harry Laibstain's book relative 1952 PDS values, the S-mint would be about 0.155 of the set price. Using this 0.155 figure with the current Greysheet bid of about $1,350 set price, this S-mint coin calculates out to only $209. Numismedia lists this S-mint coin at $540 wholesale in MS66.

The PCGS site relative 1925 WC PDS prices show the S-mint at 0.154 of the set price, almost exactly what Harry Laibstain suggested back in his 1995 book. So, PCGS and Harry Laibstain seem to agree.

Heritage lists Numismedia wholesale for the P-mint is $452, the D-mint is $975, and the S-mint $540. Using these figures, we arrive at a S-mint relative price compared to set price of 0.279, thereby valuing the S-mint a almost double the ratio that PCGS and Harry Laibstain use.

The 1952-S WC is basically a type coin and greysheet bid shows $450 for type. Isn't it interesting, Greysheet must be counting all 1952 mint mark WC coins of equal value, three times $450 equals that $1,350 set price?

BigE

Hi Mozin, I find your post interesting, thanks. This 66 was attractive to me in comparison to the 52-P which has a pop of 122 in 66, as opposed to this 52-S which is at 51 in 66. They made a million 52 -p"s and only 8000 S', I would buy all the d and s mintmarks I could at the sheet price of 450, which is what I did here---------------------BigE