Ultimate 1964 PCGS SMS on Ebay for $125k

VamCollector

Interesting...wonder if someone will take it?

1964 SMS on Ebay

Trinketts

You would think for 125k there would be better pictures.

Coxe

That is one excellent set. I have only managed to get two of the pieces so far myself: the vent (PCGS 65RD) and the quarter (PCGS 64). The grades in this eBay set are phenomenal. It is also obvious they were accumulated from separate sources by the tags (and serial numbers). The asking price looks steep, but might not be all that unreasonable. Those are RARE coins, particularly in those grades. In gem, I would think the set would be worth on the order of $25K. The seller likely stands to make a lot of money as these have been highly underappreciated for a long time now. The future I would expect to be good for the buyer too though.

Regulated

Modern crap.

Russ

<< <i>...wonder if someone will take it? >>



Nobody did the first three times he listed it.



<< <i>The asking price looks steep, but might not be all that unreasonable. >>



It is steep for current market, but long term it might not be. I'd put an estimate on this set of $65K to $80K currently, but that might vary up or down depending on the actual quality of the coins. Can't tell from the images.

Russ, NCNE

slipgate

I can't understand it, that is WAY over melt....

MORGANHUNTER2

although the set looks nice to me, I would not consider it. It lost provenance the day they mixed all together, it is not from a single set, but from obviously several made up sets, and then you would need to ask- where are the other 20 coins- this means 5 partial sets are now floating about.

I would rather send in the complete set to grade and have numbered sequentially than have a put together set like this. sequential tells me provenance, and that is how I like it in something of this nature.

Russ

<< <i>sequential tells me provenance, and that is how I like it in something of this nature. >>



Sequential cert numbers doesn't necessarily say anything about provenance. You could buy this set, send it in for reholdering and request sequential cert numbers.

Russ, NCNE

RW

That's an awesome set. Wow!

millennium

Maybe it's just me........But it doesn't do anything for me...Give me the money and let me buy Proof Indian Cents!

MORGANHUNTER2

Sequential cert numbers doesn't necessarily say anything about provenance. You could buy this set, send it in for reholdering and request sequential cert numbers.

Russ, NCNE



I whole heartedly agree with you on this one Russ, maybe what I should have stated was I would rather take a set that is still in the cello- send it in, have it 1-autheticated as being what it is, and then 2- Properly graded as a complete set.

Observing this set, one can definitely say it is from many- so I would not be willing to put the house up on the market just to have this set. The sets I had seen back awhile ago- I would go after- if I was into those for a collection, but I'm not, and they have credence based on the fact that not ALL the coins in the set were graded equally- the provenance was with the coins- photos, actual photos were taken of it. To me this leads credence to authenticity, and that leads to the CHA-CHINGGG!

But who am I to judge? I can only like what I have in my hands. maybe someday, when I'm feeling better and not doin drugs to stay alive- I can afford this type of set- but until then- I'll try to make ms65's from what I thought were a 63's.

nankraut

"I can't understand it, that is WAY over melt.." heh heh

techeff

I just bought a diet coke with similar pocket change...

AZLARRY

I don't collect moderns, but that is one rare set.

Bear

Perhaps if they were those grades but

in Deep Cameo.

Baley

ooo, shiney! those coins look almost as nice as one of the 4 million sets of proof coins minted that year!

TorinoCobra71

For that kinda dough, I would start a killer retirement fund!!!!!

TorinoCobra71

Artist

For some reason, in coins, it's not the patterns and the prestrikes that get ga-ga money; its those instances of oversite and clandstine efforts that result in coins a few last coins being stuck of ending series.

1964 SMS? Yeah, I guess so.
1968 SMS? Now that would be something.

EagleEye

From the looks of it, Jess bought all 10 sets from the Lester Merkin estate (via Stack's). Unfortunately, to create a market you have to let some go, which he has over time. I have seen these and they are certianly different looking, kind of like matte proofs. This is his "master set" which is why it is mismatched (Jess knows an undergraded coin better than anyone!). Some have been to PCGS many times.

These are very interesting coins and if they were marketed in a more open way 10 years ago, the collector interest would probably be much higher (and these would have sold instantly). The historical background he gives is very interesting.

lincolncentguy

Since these coins now have "substantial" pops as recorded by PCGS (and NGC) and are now listed in the PCGS price guide, are they destined to become part of the required Lincoln cent registry set? Maybe in the varieties?

CalGold

<< <i>The sets I had seen back awhile ago- I would go after- if I was into those for a collection, but I'm not, and they have credence based on the fact that not ALL the coins in the set were graded equally- the provenance was with the coins- photos, actual photos were taken of it. To me this leads credence to authenticity, and that leads to the CHA-CHINGGG! >>



Are you saying that you do not believe that PCGS or NGC have the expertise to authenticate these coins?

Also, I think you are mistaken in assuming that all coins in an original set will grade the same.

CG