Hey Roosie Guys, I'm getting together about a 250 coin bulk to go to pcgs.
LincolnsRule
Posts: 1,738 ✭
Some really tough dates like 1969,70,71,72 are going in. Also wondering if these dates are okay, ie can one sell ms66's of 65,68,81-p,83-d,84pd,85d for at least the cost of the grading fee ($12 I think)?
0
Comments
Later, Paul.
Later, Paul.
<< <i>Some really tough dates like 1969,70,71,72 are going in. Also wondering if these dates are okay, ie can one sell ms66's of 65,68,81-p,83-d,84pd,85d for at least the cost of the grading fee ($12 I think)? >>
LincolnsRule as long as you understand that Roosies have a hardcore following, but not to the extent of the Lincolns you are used to. The fan base is smaller, at this, and prices are a bit subdued from what they were a couple years ago.
As for sales of certain years with certain grades, yes you can sell your coins. Of course as with any series its a supply and demand structure. The FB's will be the more popular sellers, but depending on the pop of bands for the year, and grade. You can list any price you wish on your coins. But, remember this, Roosies listed at way above current auction prices are going to stay in your inventory.
Hint... If you are not sure what to price a coin at, ask someone who knows this market. Nick has great knowledge on Roosevelts, and in the past has always been willing to offer his opinions on prices and grades.
As a start, you may want to talk to him about the price you have on the 1970 MS 66 you have for sale. No disrespect but you are asking about 5 times what that coin sells for.
Of course I'm no expert, thats why I suggest you talk to someone who is. Best of luck.
I should have fb's of 65,67,68-d and then the easy dates like 81,84. I do like the full band coins. The problem is to the naked eye just missed coins look identical. FBL or FS you can tell if it is not to the naked eye. My 70-p dimes are all super well struck. Every single one just misses on the right side of the lower band. Actually I do have a few that have a uninterupted line, but still maybe not fully brought up bands. They wouldn't be higher than ms65 anyway.
Dan, I have no doubt I can get that for the 70-p. It's one I bought for not too far from that. It's a key date. When was the last one you've seen sell? I bet it was quite a while ago!
That would be a losing bet LincolnsRule, I have made four 1970 MS66's in the last year and a half. Two of them went to forum members, who now have them in their sets.
Since I treat private sales to members as personal, unless they want to come forward and give out the information, so I can't tell you the details. But trust me they were in line with PCGS price list or lower.
I didn't mean to belittle your coin, It's just that you asked opinions on selling prices, so I gave you mine. One more thing, even when the 70 pop in 66 was in the teens, it never brought much over $75-$125.
My opinion is just that, my opinion, and after all of the above, I think the 70-66 should bring more than it does. But fact wise, it does not, and I have more that should grade 66, and will make them when the time is right. This all goes back to the fact Roosies are slow right now, and the demand for anything other than top pop coins is soft.
Go back and check what I said to you in a PM about your 1970 MS66. You will see that Dan50 is correct about the market being soft and the really high grade stuff, low pop sells for good prices.
If you were to send in 250 dimes and score say a set of 1994-P/D MS68FB's, those would both be (2/0) and they would sell to off set the rest of that PCGS order, or close to it. Actually I would see those as pop 1's due to the fact that J.H.F has the others in his set.
Unfortunately if you score a few 1984-1985's in MS67FB you may only get $20-$30 max.
Its hard to say sometimes. I do believe that there is some new blood in the Roosie game.
Later, Paul.
Later, Paul.
You're on, I just got 3 70P MS66 roosies in last week. They were so nice that I turned around and sent
all 3 back to PCGS for regrade under the $30 tier. How ever many come back in a 66 holder they're
yours for $250 each. All 3 of them are nicer then that 67 I sent you a while back.
Nick
Nick - I sure hope you charged at least $1,000-$2,000 for that MS67 no bands dime considering MS66 specimens are worth $250/coin by the boatload.
Wondercoin
Later, Paul.
Later, Paul.
I have given up in my Roosevelt grading as the dimes that look as good as the 67's in slabs I have come back as 65's
a few weeks ago. By the way, The 70P 67 Lincolnsrule returned has since sold.
Lincolnsrule, You put it out there that you would pay $250 a coin for all the 70P 66's we can send you.
I know the 3 I have would fall under the category of "correctly graded" or I wouldn't be paying $30 a pop
to have them regraded.
<< <i>I have given up in my Roosevelt grading as the dimes that look as good as the 67's in slabs I have come back as 65's >>
This is EXACTLY what MY problem is. I send in Roosies and they came back in MS64, MS65, but look the same when compared to my 67's and 68's.
Later, Paul.
Later, Paul.
<< <i>I have plenty of confidence in my grading. I have zero confidence in pcgs's. >>
Maybe that's your problem.
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
I personally view upwards of approximately 5,000-10,000 (if not more) freshly graded classic and modern PCGS coins per month (not 166.7/month as you mentioned) -I would say around 3%-5% or so of the coins catch my attention as potential upgrade candidates, ranging from strong upgrade candidates to weak upgrade candidates. If even 1% of these coins actually do upgrade, I would be tickled pink. I have confidence in PCGS grading and know that the fraction of 1% of the coins that might also be overgraded, PCGS will also make right down the road, as they have done every time I have seen them in action. IMHO, you simply can not judge the job a grading service is doing by inspecting 5.55 freshly graded coins per day.
Wondercoin
If so, then that was one I sold. But don't expect to get that for every one you sell.
This buyer had been looking for one for a long time, and got into a bidding war on that item.
I sold that coin after getting my 69 65FB, that I only paid $150 for by the way.
Can I get in on the 70/66 at $250 deal?
Sure Dan, You want to buy some at $250 too.....
Its the risk to reward ratio. My intentions were to resubmit 3 - 5 times if none upgraded the first time.
But now with the $250 per coin offer one time will be sufficient.
And, what exactly are MS66RD's worth of these coins? $20/coin or so? Barely the grading fee. DH probably couldn't understand what all the fuss was about.
And, regarding Nick - Nick is a professional in what he does. He plays the odds as good as any professional Texas Hold-em Player in Vegas. He knows he has (3) liner Roosies that jump from $250/coin (in your world) to $1,500/coin. If he hits 1/3 he spent $90 to make $1,250. He knows his odds are better than around 14:1 to hit one, so he plays. His actions prove the EXACT OPPOSITE of what you just said - Nick is so CONFIDENT in PCGS, he knows he has a good chance PCGS will upgrade one of his 3 liner coins at some point over the next 5 tries. Hence, the odds are with him. Nick has made near or more than "five figures" on dimes being right before. Do you know how many times you can be wrong at $30/coin if you are correct just once and get an upgrade worth close to $10,000 or $12,500?
LR: Seriously, if PCGS was nice enough to up your grades on a batch of 20 coins (regardless of how much was really at issue), you should frankly PRAISE them for doing the right thing and fixing the coins, not berate them, especially here on there corporate message boards. Think about it.
Wondercoin
Hey Stooge:
Your comment cracked me up.
Warm regards from Bangkok!
Just Having Fun
Sure Dan, You want to buy some at $250 too.....<IMG src="i/expressions/face-icon-small-wink.gif" border=0>
<B>
Heck no Nick, I want to sell him some....$$$$$ 4x250= $1000.00
I still have about 9 rolls that can produce 65/66's but I had more interest in making other grades from years I needed.
But at $250 each, I don't mind going back and making a few more 1970's to sell for that price. The only thing that scares me is the correctly graded comment.
Who will have the fairest grader, PCGS or LR?
8x$250= $2000 I can be in the top 5 with a 68+ GPA with that kind of money.
LR the next time you ask for free opinions on prices, don't be so quick to bite at the ones who give it to you.
See, we know our dimes, like you know your cents.
</B>
<< <i>I am a student and not rich. I can't afford to just submit my coins over and over again. I like my $20 coins and just want them graded correctly. They should not be this inconsistent. >>
If you are a student, then how in the world are you going to send in 250 Roosies at 1x? The most I ever sent in at once was about 70 coins.
I also have another question...what are you going to do with your 10-11 1970 MS66's and are you interested in some MS65's at the discounted price of $100 a piece?
J.H.F Where in the world have you been? I've asked about you and you know that the Roosie posts are not the same w/o you chirpping in!
Later, Paul.
Later, Paul.
<< <i>My experience... I submit 20 1981 Lincolns expecting all ms66's and maybe a few ms67's. I get 20 ms65 and lower. I resubmit all, and get 16 ms66's and 4 ms67's. 100% changed grade, 20% by two grades. . >>
You are very right to be upset about this kind of crap Lincolnsrule.
WC would have us disregard all the mistakes PCGS makes, as long as we still profit!?!
And the relatively low value of the of the coins is NOT any kind of excuse Mitch!
PCGS blowing a bit of sunshine up LR's arse on a couple other coins hardly justifies PCGS changing the grades on 20 others.
That being said, I think you will be in for considerable dissappointment if you bulk submit 250 clads LR.
I would think you would stay away, very far, from any more bulk submissions after you already got screwed doing it!
Do yourself a big favor and don't submit any 1981 dimes unless they are lock 68.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
Thanks Wondercoin for wishing me luck. I have no hard feelings toward you of course (just pcgs).
Gosh I can't believe what this thread has become! All I wanted to do was make friends. I admire you Roosie collectors and the fun you have with them.
So am I totally wrong that $250 is not a bargain price for ms66 70-p's? Are they really not that rare? I didn't see any for sale in over a year, and now I can suddenly buy 10? Also, I didn't realize the 1969 pop was so low in ms66. $250 seems like a bargain for that too. All of these coins seem like huge bargains compared to Lincolns, Jeffs, Ikes etc.
You have a chance to find a market for the 70 in people doing the mint sets, as they increase in number.
Best advice, use your pop report, go down the far right side looking at total pop of coins graded for each year, not just the FB's but non bands also.
You will be surprised at some of the years that need work, and have low submission numbers.
You wouldn't believe it, but my geriatric computer out here in BAngkok was on automatic login for the message boards. Then my son came out with a hotsy-totsy new computer for me, and by the time I realized I didn't have the password he had wiped my oldie. So I didn't have the password any more.
Three separate requests over three weeks to PCGS for my password(s) went ignored. Not even a nod as in an acknowledgement. So I wrote to Mr. Wondercoin and asked him if he could/would please pry the information free for me. And he was nice enough to write to David Hall who was nice enough to send me the passwords.
In the meantime, I had found that while I missed the many, many nice people I've met on these boards (yourself included), I was happier not dealing with the ugly and absurd attack threads some dealers specialize in. And what a relief not having to meet up with some of the sickies who infest these boards! Ugh. Some of these guys send chills up and down my spine. I can see why Bright Young Filipina left the boards entirely. Bottom line: even after I got my password, I just haven't been moved to read often or participate very much.
Warm regards,
Just Having Fun
Great to have you back posting!
Later, Paul.
Later, Paul.
So when do you anticipate seeing the grades on this submission?????? I've seen what LR can do with Lincolns, I'm dying to see how his hand is in Roosies!
(as for grades, it could be 3 weeks, it could be 3 months)
Thats one of the seven that I need, hopr it comes back a nice grade for you.
LincolnsRule...looks like you have some want lists to fill!
Later, Paul.
Later, Paul.
9051285 Quarterly freebie, trying to cross an anacs ms66fs 1972 Jefferson Nickel
9051287 A bulk of Lincolns
9051288 A bulk of Jeffersons
9051289 A bulk of Roosie's ms66 min grade
9051290 A bulk of Roosie's ms67 min grade
9051291 A bulk of clad quarters (never again am I submitting one of these non bulk).
Overall about 600 coins! I bet 2 or 3 orders go super well, and 2 or 3 go horrible. (like the 1981 cents that all graded ms65 the first time and ms66 and ms67 the second time).
I'm calling first dibs on a 2004-P MS68FB if you make one!
Later, Paul.
Later, Paul.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
Get this. I sent an express order in, received Mon a week ago. They sent me an e-mail that day saying I put too little down for shipping. I called them right away and authorized them to fix it and charge me the correct amount. Anyway, I expected the order to finish yesterday, but it didn't, and I called up to ask why... uhm we forgot to remove it from problem orders. It's going to be another 5 days. (Meanwhile I needed it back by this coming Mon as I'm going away for 3 weeks).
5 days ?
RegistryNut
<< <i>Get this. I sent an express order in, received Mon a week ago. They sent me an e-mail that day saying I put too little down for shipping. I called them right away and authorized them to fix it and charge me the correct amount. Anyway, I expected the order to finish yesterday, but it didn't, and I called up to ask why... uhm we forgot to remove it from problem orders. It's going to be another 5 days. (Meanwhile I needed it back by this coming Mon as I'm going away for 3 weeks). >>
Unfortunately, this is very typical. Poor customer service is the rule at PCGS!
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
Best Franklin Website
<< <i>Better start saving up registry nut! They're 60-d ld's and 73-s's. >>
Yup, I remembered the dates you told me were in the express submission.
But an ms67 60D Large Date ? POP 1/0 !
RegistryNut
There are no 2004 dimes guys. There's 68,68-d,69,76,80,80-d,81,81-d,84,84-d.