What are you showing on the D pops thus far? How many slabbed and what is top grade (and pop)?
Wondercoin >>
See my first post. All are D coins with the bulk of them in MS66. Looks like submitters are specifying MS66 minimum grade since the MS65 pops did not rise at all.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>Wow! ZERO Zachary Taylor P's have been graded!
A screened batch of around 6,000 P's yielded nearly 200 superb submitable coins. They were sent in for grading via Express Mail and they arrived here in S. CA. in nothing more than an (torn) empty Express Mail envelope. A masive amount of TIME wasted. I assured Justin that his competitors had nothing to do with this.
Wondercoin >>
I am sorry. That is beyond sad. All of that eye strain for nada! :-(
"Nearly 400 MS66 Taylor D coins already and not a single MS67 graded in either position! Not from lack of trying either."
Update - closing in on 600 MS66 Taylor D coins and -0- MS67. That is about 300 sets worth. There are, what,- 25 -50 registry collectors? So, where will the additional 250 sets go???
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>"Nearly 400 MS66 Taylor D coins already and not a single MS67 graded in either position! Not from lack of trying either."
Update - closing in on 600 MS66 Taylor D coins and -0- MS67. That is about 300 sets worth. There are, what,- 25 -50 registry collectors? So, where will the additional 250 sets go???
Wondercoin >>
The same place those 2,112 1971-D Eisenhowers went. Into the collecting community.
Just because there are very few registry players doesn't mean the rest of the world won't be interested.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
hundreds or thousands of people collect PCGS-MS66 Pres. coins although only 30-50 actually register a set???? I sure hope you are right. My suspicion is the coins trade below cost to produce here soon as "they go beggin". We'll see if hundreds of collectors come forward to buy them.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>hundreds or thousands of people collect PCGS-MS66 Pres. coins although only 30-50 actually register a set???? I sure hope you are right. My suspicion is the coins trade below cost to produce here soon as "they go beggin". We'll see if hundreds of collectors come forward to buy them.
Wondercoin >>
Huh?
There are lots and lots of folks out there who collect these yet do not have a registry set. As for trading below cost, I have many coins which can never be sold except at a loss. Grading fee's will never be recovered and the coins could end up as sales gifts so that somebody else can figure out what to do with them.
Thats simply the name of the grading game and also the original intent of this post.
As it sits right now, those of us collectors that did regularly submit FDI coins were fueling the fires. For me, I would pre-screen everything before I submitted it thereby insuring the highest possible grade for me at cost. The rest would get sold.
Now, dealers simply submit blind 1,000 boxes and end up with a lot of low grade coins. IMO, a dealer can only do this so many times before it becomes economically feasible to continue. At that point, submissions then get lower and lower until.......................only a couple hundred ever get submitted.
when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
Lee, I doubt the the FDI sets are going to die. I know I need them and so do many other collectors. Prices will just be forced higher with less coins to fight over....
Really? I am not familiar with a shift towards this happening more than say in 2007.
"when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade."
This will happen, IMHO, only if PCGS elects to stop grading FDI coin. And, I would have no personal problem if they stopped entirely at this point. As long as PCGS continues to grade FDI, collectors will focus on them I believe.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Really? I am not familiar with a shift towards this happening more than say in 2007.
"when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade."
This will happen, IMHO, only if PCGS elects to stop grading FDI coin. And, I would have no personal problem if they stopped entirely at this point. As long as PCGS continues to grade FDI, collectors will focus on them I believe.
Wondercoin >>
That bolded comment is my exact point.
When collectors were allowed to submit these, submissions were regular but now that dealers are submitting them, submissions are unpredictable and if all the dealers stop submitting them, then none will get graded.
Those sets that are in the works, will get really difficult to hang on to and some may even take a loss when and if they sold them.
The entire purpose of this thread was in comparing past submissions with current submissions and the net result of denying Collectors Club Members the option of submitting.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
Lee - You have it all wrong. I frankly only submit these coins in connection with Justin building his registry set "homemade". Justin (and his sister) spend countless hours screening coins to submit for his personal collection (and have done so for the past 3 years running). He has built his set the "old fashoned" way and I applaud that effort in anyone, let alone a teenager these days. If Justin did not have a registry set, I would have little interest in spending thousands of dollars in grading fees 4x a year and generally losing money a fair percentage of that time. So, my comment about not caring about "First Day" is made not as a "dealer" (as you suggest) but as someone who is assisting both a son and someone who has built one of the top sets in this series. Justin loves great coins, not just great labels, which is why the FDI label is not terribly exciting to Justin. However, I know it is of more significance to others and I respect that. Everyone should collect what they want to.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Look at the massive amount of Taylor coins already graded by PCGS! Perhaps the name of this thread needs to be adjusted to "Is the Pres. Dollars First Day of Issue" program on Fire"?
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>Look at the massive amount of Taylor coins already graded by PCGS! Perhaps the name of this thread needs to be adjusted to "Is the Pres. Dollars First Day of Issue" program on Fire"?
Wondercoin >>
Wo Yeah!
Its burnin Up!
Taylors have already surpassed the Tyler's by a wopping 105 coins!
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
Lee: True, but don't forget you are comparing a 3-4 month total grade out of Tylers with a 3-4 week grade out of Taylors. Let's see if that # is only 100 higher 2-3 months from now.
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
Comments
<< <i>Lee..
What are you showing on the D pops thus far? How many slabbed and what is top grade (and pop)?
Wondercoin >>
See my first post. All are D coins with the bulk of them in MS66. Looks like submitters are specifying MS66 minimum grade since the MS65 pops did not rise at all.
The name is LEE!
<< <i>Wow!
ZERO Zachary Taylor P's have been graded!
A screened batch of around 6,000 P's yielded nearly 200 superb submitable coins. They were sent in for grading via Express Mail and they arrived here in S. CA. in nothing more than an (torn) empty Express Mail envelope. A masive amount of TIME wasted. I assured Justin that his competitors had nothing to do with this.
Wondercoin >>
I am sorry. That is beyond sad. All of that eye strain for nada!
:-(
Gardnerville, NV
=========================
Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
Check it out --> Our eBay Auctions
No time to "cry in your beer son".... let's get some more coins in the system and move on (which is exactly what we are doing).
Thanks Lee for update.
Wondercoin
I can;t help but wonder ...................wazzup!
The name is LEE!
I am sure the P's will begin being reported soon. I would expect to see some MS67 coins there (hopefully).
Satin Finish MS69 Pres. coins very tough to make as well. Mountains of MS68 coins yielding little proft to projects the way I see it.
Really nominal money these days in trying to slab up top pop mint state moderns. But, we still try.
Wondercoin
Some 2009-P Tayler's have been posted!
The name is LEE!
Update - closing in on 600 MS66 Taylor D coins and -0- MS67. That is about 300 sets worth. There are, what,- 25 -50 registry collectors? So, where will the additional 250 sets go???
Wondercoin
<< <i>where will the additional 250 sets go??? >>
I thought I read somewhere that someone was looking / waiting for them???
<< <i>"Nearly 400 MS66 Taylor D coins already and not a single MS67 graded in either position! Not from lack of trying either."
Update - closing in on 600 MS66 Taylor D coins and -0- MS67. That is about 300 sets worth. There are, what,- 25 -50 registry collectors? So, where will the additional 250 sets go???
Wondercoin >>
The same place those 2,112 1971-D Eisenhowers went. Into the collecting community.
Just because there are very few registry players doesn't mean the rest of the world won't be interested.
The name is LEE!
Wondercoin
<< <i>hundreds or thousands of people collect PCGS-MS66 Pres. coins although only 30-50 actually register a set???? I sure hope you are right. My suspicion is the coins trade below cost to produce here soon as "they go beggin". We'll see if hundreds of collectors come forward to buy them.
Wondercoin >>
Huh?
There are lots and lots of folks out there who collect these yet do not have a registry set. As for trading below cost, I have many coins which can never be sold except at a loss. Grading fee's will never be recovered and the coins could end up as sales gifts so that somebody else can figure out what to do with them.
Thats simply the name of the grading game and also the original intent of this post.
As it sits right now, those of us collectors that did regularly submit FDI coins were fueling the fires. For me, I would pre-screen everything before I submitted it thereby insuring the highest possible grade for me at cost. The rest would get sold.
Now, dealers simply submit blind 1,000 boxes and end up with a lot of low grade coins. IMO, a dealer can only do this so many times before it becomes economically feasible to continue. At that point, submissions then get lower and lower until.......................only a couple hundred ever get submitted.
when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade.
The name is LEE!
I doubt the the FDI sets are going to die.
I know I need them and so do many other collectors.
Prices will just be forced higher with less coins to fight over....
Gardnerville, NV
=========================
Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
Check it out --> Our eBay Auctions
Really? I am not familiar with a shift towards this happening more than say in 2007.
"when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade."
This will happen, IMHO, only if PCGS elects to stop grading FDI coin. And, I would have no personal problem if they stopped entirely at this point. As long as PCGS continues to grade FDI, collectors will focus on them I believe.
Wondercoin
<< <i> I sure hope you are right. My suspicion is the coins trade below cost to produce here soon as "they go beggin". >>
Lasted less than 24hrs.
The game has begun for Taylor FDI's
<< <i>"Now, dealers simply submit blind 1,000 boxes"
Really? I am not familiar with a shift towards this happening more than say in 2007.
"when that happens, folks "may" focus on the non-FDI sets for those high grade coins for their registries and FDI may fade."
This will happen, IMHO, only if PCGS elects to stop grading FDI coin. And, I would have no personal problem if they stopped entirely at this point. As long as PCGS continues to grade FDI, collectors will focus on them I believe.
Wondercoin >>
That bolded comment is my exact point.
When collectors were allowed to submit these, submissions were regular but now that dealers are submitting them, submissions are unpredictable and if all the dealers stop submitting them, then none will get graded.
Those sets that are in the works, will get really difficult to hang on to and some may even take a loss when and if they sold them.
The entire purpose of this thread was in comparing past submissions with current submissions and the net result of denying Collectors Club Members the option of submitting.
The name is LEE!
<< <i>
<< <i> I sure hope you are right. My suspicion is the coins trade below cost to produce here soon as "they go beggin". >>
Lasted less than 24hrs.
The game has begun for Taylor FDI's >>
I was surprised at your prices Michael but have ordered the two P's that I needed.
I guess I should qualify that in that the prices were much lower than I expected!
The name is LEE!
We will do our best to get them out tomorrow - Heard that we may get a nice snow tomorrow - talk is 8" - 12" We'll see
Kind of inevitable when you have 200-300 sets to sell and 30-50 serious collectors. At least that is what I learned in my economics class.
Wondercoin
Wondercoin
<< <i>just wait to see where prices will likely be 2-3 weeks from now! >>
Do you really think it will take that long????
Wondercoin
Wondercoin
<< <i>Look at the massive amount of Taylor coins already graded by PCGS! Perhaps the name of this thread needs to be adjusted to "Is the Pres. Dollars First Day of Issue" program on Fire"?
Wondercoin >>
Wo Yeah!
Its burnin Up!
Taylors have already surpassed the Tyler's by a wopping 105 coins!
The name is LEE!
Wondercoin