Someone scored on 1977 Ike $1 submission
cupronik
Posts: 773 ✭✭✭
I noticed (via Ike $1 registry set pops) that someone scored BIG on a 1977-P Ike submission.
Pops went from 265 to 389 in MS66 and 5 to 13 in MS67! Wow! All I can say to the fortunate
submitter is, "KA-CHING!!"
Pops went from 265 to 389 in MS66 and 5 to 13 in MS67! Wow! All I can say to the fortunate
submitter is, "KA-CHING!!"
0
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regrading?
but then a gem roll sounds more likely?
If not it must have been from a stupendous bag.
I can say that after having looked thru many bags, there is no way that that many 67's would have come out of one bag.
I've looked thru bags that didn;t have a single 65, and that was years ago, long before Ikes had value in high grade
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
that were exceptional. This was before I began slabbing Ikes in 1998.
Curious what James thinks of this new development?
Wondercoin
If I look at the pops of the proofs in 70, they have gone up over the last few years in significantly more quantity than the MS67 clads.
Let's examine, based on July 2006 Pops compared to today.
Proofs graded 70 DCAM in July 2006 there were a total of 71 coins. Now there are 94 coins, an increase of 23 or approx 35% increase in 18 months.
On the Clad MS67's, the 71-D went up by 1, the 76-D Type II went down one, and the 77-P by virtue of the 8 new coins and my making one went up 9. There were a total of 9 new MS67 Clads made or an increase of just under 10%. The old total was 91, now it is an even 100.
If I let the facts talk, and we assume pops of MS67 Clads are soaring by virtue of one single submission, then I'm struggling for the word to describe the pops on PR70DCAM Ikes, as they have increased in population 250% faster than the MS67 Clads during the last 18 months.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
<< <i>could it have been a horde all sent in at once cracked out for
regrading?
but then a gem roll sounds more likely? >>
Good point FC but I think it was more like 10 gem rolls if this is correct!!
Rob
"Those guys weren't Fathers they were...Mothers."
Wondercoin
<< <i>If it's real, the coins will show up soon.
I can say that after having looked thru many bags, there is no way that that many 67's would have come out of one bag.
I've looked thru bags that didn;t have a single 65, and that was years ago, long before Ikes had value in high grade >>
I know you're right and this is why I have a great deal of doubt that it's real.
Suffice to say that this would represent the grandaddy of all hoards. It would
have to be nearly twice as large as ALL previous hoards combined. I knew of
some of the previous hoards so how did this one fly under the radar? It's not
impossible, especially if it came from rolls but this just doesn't seem likely.
There are some more hoards out there but I doubt there's anything even app-
roaching this magnitude unless it's a case of stupendously good luck.
<< <i>I noticed (via Ike $1 registry set pops) that someone scored BIG on a 1977-P Ike submission.
Pops went from 265 to 389 in MS66 and 5 to 13 in MS67! Wow! All I can say to the fortunate
submitter is, "KA-CHING!!" >>
I just checked the pop reports and it looks like this has been corrected. Now shows 265 in MS66 and 5 in MS67 for the 1977.
243 in MS66 and 5 in MS67 for the 1977-D.
Type 1, Clad, MS PCGS No Date Den Variety Desig VG F VF 40 45 50 53 55 58 60 61 62 63 64 65 66 67 Total
Total $1 MS 2 2 0 0 7 9 13 109 467 13 35 634 2,651 9,951 10,390 2,728 60 27,085
7406 1971 $1 MS 2 2 1 12 54 1 81 368 1,165 518 34 2,243
7407 1971-D $1 MS 1 1 1 8 70 1 2 35 228 1,120 1,905 682 15 4,074
87409 1972 $1 Type 1 MS 2 2 31 1 4 75 296 613 188 4 1,216
97409 1972 $1 Type 2 MS 3 2 1 40 118 11 149 284 248 34 5 895
7409 1972 $1 Type 3 MS 1 1 1 2 20 73 1 3 81 372 1,069 328 14 1,968
7410 1972-D $1 MS 1 1 1 16 60 1 43 154 653 965 254 5 2,156
7412 1973 $1 MS 4 3 1 19 146 830 761 72 1,836
7413 1973-D $1 MS 1 11 104 658 814 223 10 1,821
7415 1974 $1 MS 3 10 3 2 45 211 821 686 84 1,865
7416 1974-D $1 MS 1 1 17 2 19 108 568 1,055 350 14 2,135
7423 1977 $1 MS 1 1 2 4 1 1 12 94 596 860 265 5 1,842
7424 1977-D $1 MS 1 1 1 10 1 1 13 59 547 894 243 5 1,776
7425 1978 $1 MS 1 4 10 4 33 125 535 704 260 5 1,681
7426 1978-D $1 MS 1 2 6 2 1 18 102 528 678 238 1 1,577
The name is LEE!
Wondercoin
The name is LEE!
on the set registries while the population reports themselves are updated WEEKLY around Sunday 12:00 am.
We will see this weekend.
<< <i>Or, possibly even an order that the grading was not entirely completed? Stay tuned.
Wondercoin >>
If it was a hoard it wouldn't likely be the only date especially from mint sets.
I still believe it's an error though.
The name is LEE!
76-S MS68 Silvers....doubling the pops in MS68 and cutting prices from around $1,000
down to $500 or so.
However,...I think that as significant as that was.....I think this (if it is true) is an even
more astounding feat! That many Philly Ike 66's and 67's, all at once, just blows my mind!
Brian
I Love Variety & Error Ikes!
Perhaps Monday morning this will post to the online pops.
The name is LEE!
An MS67 IKE is definitely not something that folks come across everyday and here 8 have been made in aparently one submission. I suppose we'll find out soon enough who the submitter and owner is.
Additionally, 124 MS66's of the same year?
Holy Shrapnel BatMan!
I went years before making a single 66 for that year!
So lets tally it up:
1 MS68 1971-S
124 MS66 1977
8 MS67 1977
What else will this year hold for the Eisenhower Dollars??
PS: Your not being very nice Mr. YaHa!
The name is LEE!
San Diego, CA
After reviewing the (8) freshly made PCGS-MS67 1977-P Ikes, I am returning (1) coin to my consignor next week so he can crack the coin out of the holder and promptly return the insert tag to PCGS. I will also PM James Sego this weekend with the specific serial number of this currently graded MS67 coin, which will be cracked out of the holder next week, so he can keep an eye on things and ensure that serial number is promptly removed from the pop report by PCGS.
This will result in the 1977-P Ike having a pop of 12 in MS67 once PCGS receives the insert tag back from the submittor of the batch next week and removes the coin from the data base.
Now, bear in mind that the decision to crack out this Ike is not intended to substitute our view on the grading of the batch against PCGS' professional grading. And, in fact, at some point in the future this cracked out coin might be resubmitted by the owner (that is entirely up to him) and should it grade MS67 again, might be resold as such.
Wondercoin
Do you think that one coin might go MS68, or MS66 when re-submitted? 68 is the case I suspect, and that would be an amazing score!!
<< <i>Now, bear in mind that the decision to crack out this Ike is not intended to substitute our view on the grading of the batch against PCGS' professional grading. And, in fact, at some point in the future this cracked out coin might be resubmitted by the owner (that is entirely up to him) and should it grade MS67 again, might be resold as such. >>
OK, you lost me Mitch!
Why, specifically, is this coin being cracked out? What purpose is served other than to lower the pop reports, as you state, especially if you truly feel the coin is an MS67!
The name is LEE!
Wondercoin.
and they're cold.
I don't want nobody to shoot me in the foxhole."
Mary
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