Key Date question

Whitby

All-

Forgive my ignorance, what is the key date for the pres dollars?

No laughing, its an honest question.

mcheath

2012

Whitby

<< <i>2012 >>



Why that date?

No Chester Arthur fans out there?

BECOKA

With runs in the hundreds of millions the only keys will be obscure errors and varieties.

Whitby

<< <i>With runs in the hundreds of millions the only keys will be obscure errors and varieties. >>



I have to ask, can an error or variety be a "key date".............I did not know that.....

jimmymac

many consider the 1955 DDO Obverse Lincoln variety a key date.

Gemineye

<< <i>All-

Forgive my ignorance, what is the key date for the pres dollars?

No laughing, its an honest question. >>


..2020 ...the mint will be up to their Eyeballs with all their prez dollars they have in their vaults....

Whitby

hmmm

I have never considered this. In short, an error, can be a key date. This kind of makes no sense to me and I am sorry if I do not get it.

Seriously.

If errors are "key dates" then, in theory, a very rare error, example, the plain edge jefferson of which 1 has been reported, is a "key date".

I looked over the re;ease schedule and yeah, 2012 is a dog year. However, if erros are keys, then, nobody would ever have a key date as there are in some series some RARE specimens that are virtually unknown to all but a few persons.

Am I getting this wrong?

In the above example, IF there us a single known specimen of an error, this would be the key?

Very curious and thanks to all who have replied.

19Lyds

Well if you look at the Presidential Dollar registries, it appears that the 2007-P MS67 First Day of Issue Position A Adams dollar is a key. PCGS has it priced at $10,000.00! Quickly followed by any MS67 for Washington or Adams.

Now if price isn't what you consider a key, then the set really does not have a key coin just yet but high grade FDI examples are proving to be very expensive!

JRocco

<< <i>hmmm

I have never considered this. In short, an error, can be a key date. This kind of makes no sense to me and I am sorry if I do not get it.

Seriously.

If errors are "key dates" then, in theory, a very rare error, example, the plain edge jefferson of which 1 has been reported, is a "key date".

I looked over the re;ease schedule and yeah, 2012 is a dog year. However, if erros are keys, then, nobody would ever have a key date as there are in some series some RARE specimens that are virtually unknown to all but a few persons.

Am I getting this wrong?

In the above example, IF there us a single known specimen of an error, this would be the key?

Very curious and thanks to all who have replied. >>



Yes you are not quite getting this.
The 55 DDO for example is not an error...even though that is what some TPG services put on their labels for years, it is a variety.
An error is typically a one time deal while a variety is usually for the entire run of the working dies.
A 55 Lincoln with a large elliptical clip is an error...probably a one of a kind coin while the 55 DDO is available in the thousands, hence a key date/variety.

Whitby

Now the light comes on.

SO, If I get you, for the Pres dollars, the smooth Jefferson would not be a key.

HOWEVER, the Pos A fisrt strike etc etc would be........

So, I guess the year 2012 maybe a key date as lets face it, I do not forsee GABILLIONS of Chester Authur fans banging gongs proclaiming his greatness

derryb

So far there's only two possiblities. Take your pick.
However, based on my slide rule calculations it's gotta be 2008. It's already February and they have only minted about 200,000,000. I could be wrong. If I am then it would have to be 2007.

Whitby

<< <i>So far there's only two possiblities. Take your pick. >>



Very true, but 8 years from now, maybe the Jimmy Carter?? Assuming Mr Carter passes within the next 6 years.....

derryb

<< <i>Very true, but 8 years from now, maybe the Jimmy Carter?? Assuming Mr Carter passes within the next 6 years..... >>



Based on the current state of the economy there won't even be dollar coins in eight years. Smallest denomination will be a $50 aluminum piece (if we aren't using Ameros).

19Lyds

I was quoting a "knock your socks off" price for the Pos A but I'm thinking that that price is as solid as the population reports. In other words, as more and more get found, assuming they are out there and assuming they are submitted as FDI coins, then the price comes down. Having a pop 1 on a popular series in the PCGS registry is one thing, having true numismatic value is something totally different!

For right now, unless you are in the registry game, its best to let the series get settled to determine what the real key may be along with the understanding that today's key could be tomorrow's common coin. Its happened before and it will continue to happen.