How many KEY DATE PCGS inserts do you have in your possesion?
saintguru
Posts: 7,727 ✭✭✭
SEND THEM IN...HUH?
The POP reports are starting to become crapola and that's a shame. They had the potential of being the ONLY objective tool in the coin universe.
Seriously...I wish the crack-out guys who we know have thousands of them would just send them in. THOUSANDS...think about that...KEY DATES...in KEY GRADES.
The POP reports are starting to become crapola and that's a shame. They had the potential of being the ONLY objective tool in the coin universe.
Seriously...I wish the crack-out guys who we know have thousands of them would just send them in. THOUSANDS...think about that...KEY DATES...in KEY GRADES.
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But let me just point out some Saints. I see the mintmarked 1924/25/26-D&S in MS64 and they have all doubled and tripled in 3-4 years! Why? Because they are worth 4 times more as 65's! Why not crack out a $12-25K coin 30 times if it can go MS65 and be worth $75-100K?
I see 16 1931-D MS65's!! There have been 2 for sale in the last 10 years in Heritage sales. I would bet there are no more than 6-8 coins.
This is a "tool" that could become rather useless unless people start cooperating. Look at what was sent in by Contorsi...13,000 inserts??
When it takes 4 years to find a specific coin that shows a POP of 25 common sense says that there ain't 25!
Can anyone name ONE benefit of keeping an empty slab in your possession? I sure cannot think of one.
42 certified 1879 and 1880 $4 "Stella" pattern gold pieces with a combined estimated value of over $5 million
130 round and octagonal 1915 Panama-Pacific International Exposition $50 gold commemoratives valued at over $5 million
168 High Relief 1907 Saint-Gaudens Double Eagles valued at over $3 million.
Just think of the other 13,195 inserts, I'm sure they were not state quarters!!!
Knowing a guy like this has that kind of "extra" information can make him a valuable resource. When you are the only one (or a select few) that has a true sense of the actual data it can be pretty powerful. I'm not saying Contursi did anything wrong, just that he had alot of information that others were not privy to giving him a edge. As TDN said "We serious collectors know which dates are messed up"
I just got a check for 50 cents in the mail for my inserts.
Larry
Dabigkahuna
<< <i>I only have a couple of dozen. I'll send them in when I save up enough for postage... >>
If Contorsi had sent in 100 inserts at a time just think of all the postage he saved over 13,000 + inserts NOT being sent in. I believe that if you have that many inserts of one coin and then buy that particular coin at a low buy price then send in all of your inserts, that it would then raise the value of your coin since the pops would fall. Does this make sense?
Later, Paul.
Later, Paul.
How many 1990-D's in MS 66 or 67 are there? According to the PCGS POPs, there are 110 in MS 66 and 10 in MS 67. I know from my experience there are less MS 66's. I have submitted a single coin 4 times for an upgrade. I have been looking for one and couldn't find one in my price range years ago. I broke one out that is at LEAST as good as any of my MS 67's, yet it's in a 66 slab. It's been over a year since my last try, but one of these days, it WILL be in a 67 holder! The price is $60 in MS 66 and $1000 in MS 67! I passed them up at $400 the last time I was offered one for sale years ago. That was over book back them by quite a bit.
How many 1997-Ds are there in MS 67? NOPE! PCGS states there are 46 in MS 67 and 3 in 68. Again, I have submitted mine twice after cracking it out. The price for a 67 is $300 for 67 and $1500 for a 68-last one sold for that a little over a year ago. How often do you see an MS 67 come up for sale? Should be pretty ofetn since it's ONLY a POP 46 coin. It sold twice last year on Teletrade.
I have many other examples in the Kennedy series in both MS and proof from myself and others. I also know of a few people back home that play the crackout game with Barbers in all 3 series, Washingtons(early years) and Frankies. They crack out many hundred every year. That's just between a few collectors I know. These are just figures of PCGS coins. I have never cracked out a coin from any other TPG holder. I have bought a few NGC holdered coins to crack out, but, will be waiting for some time before I do that. The only other holdered coins besides PCGS and NGC are the couple I bought from Pat, a couple AT Ike's that were pretty/cheap. I asked the others to send back the inserts and they said they wouldn't do it because they liked the true POPs lower so they buy them cheaper. I only have about 20 so I will wait before I submit them.
I wonder how many Russ and Marty have cracked/sent for cross overs? That's a different story too. Would/should PCGS report the numbers to NGC and vice versa? If they did, the true numbers would be more accurate, but, if they did that, then the prices would be higher, resulting in higher prices to them for grading guarantee work, correct? Just my fifty cents. Ray
Bruce Scher
These 50c checks are crazy. I heard once that it cost a company about $15.00 to issue a check. That is accounting for the man/hours involved and postage/handling.