Wondercoin remember what these sold for last year when they were "rare?"

Dog97 · February 24, 2002 1:38PM

OUCH!! I guess I took a whuppin huh?

PQpeace · February 24, 2002 1:51PM

Will keep going down......that's what all the experts tell me.
Larry

wondercoin · February 24, 2002 2:55PM

Dog: I missed that auction. Nice price Tim won the coin for tonight! Did you see the auction after the fact or decide not to pick up another coin?

Wondercoin.

P.S. Oops, you asked me a question- Several hundred bucks. In fact, the coin has traded (3) times in the past year on Teletrade - the last time 4 days ago at the highest price for the past year at around $210 with buyers fee!! There is always a risk when you open an auction on ebay at $1 or $9.99 as seen here!!

quarterjack · February 24, 2002 11:22PM

Dog, just threw next weeks paycheck at your auctions!

Someone got a heck of a buy on that quarter!

-----------------------------
Dave

SORRY, Dog just noticed this isn't your auction.

PTVETTER · February 25, 2002 2:15AM

only a small amount of the modern coins have been slabbed. As more and more modern coins are slabbed the price will drop

I believe that the vast majority of coins like the 1916-D mercury dimes are is someones slab. I prodict that slabbed coin pricse(coins in the 90's) will drop

Tnis is only my opinion, but I prefer coins no longer in production.

Pat Vetter

itsnotjustme · February 25, 2002 7:39AM

Quarterjack,
Those aren't Dog's auctions!

Dog97 · February 25, 2002 10:31AM

For those of you that are wondering what this post was about.........

I am a "Classic" collector but I collect highest grades from 1997. Biz, Proof, Commem, Bullion, all of em. Wondercoin and I have discussed the prices for this model in the past, it seems like a fellow board member that was a Quarter collector paid almost $1,000 for this model when it was a pop 1 or 2 to make a #1 Set. Then the price leveled out around $400. I paid $275 for mine and was pleased that I got a "good deal". Then somebody made a bunch more 67s and a few 68s and now this {sinking sound} is going to be the current market price, it won't go much lower. Same thing happened with the JFKs but the 67 price has remained strong. Same thing happened with the Lincolns, Jeffersons, and Rosevelts but the prices are not as strong. I overpay for a high grade Modern Clad, it is soon outranked and the price drops and I overpay again to get the new highest graded. Will it ever end???

I think it will at MS-68 but the Jefferson has topped out at MS-66 for a while.

Of course I knew and expected that the "bubble would burst" as more rolls, bags and mint sets were searched out so it's no big deal.

Just for grins the price of some of my Commems & Eagles have doubled and remained strong.

wondercoin · February 25, 2002 10:41AM

Dog: I just read your latest post. I realize you are not "into" the clad quarters as a set and don't keep up with the day to day activity. Let me see if I can assist with your analysis

First, as I mentioned above, the 1997(d) quarter just traded 4 days ago at the highest trade of the year on Teletrade (around $210 with fees). It traded 2 other times in the past year for slightly less than that amount. The #1 set buyer you are referring to I believe never paid anywhere near $1000 for this date, around $170 may be closer to a level paid actually. So, where did you get confused? Simple. You are referring to the much scarcer 1997(p) quarter in PCGS-MS67, a coin that has traded above the $1000 level as a pop 1.

The 1997(p) quarter in grades MS67 and above is a very difficult date to obtain. I suspect dog was never able to buy one despite his attempts over the years?? I believe Dog has simply mixed these dates up in his analysis that a clad quarter has gone from $1000 to $50. Again, the 97(d) quarter is a much more common coin and usually trades around the $200 mark. The 1997(p) is a very desireable coin in MS67 and will likely trade for much, much more in the rare opportunities that the coin becomes available. Will these coins all go to $5 in 5 years or $2000 in 5 years-that's for you to decide. I am simply asnwering Dog who, imho, has mixed up the 1997(p) and 1997(d) quarters in his analysis.

TODAYS POPS ON THESE QUARTERS:

1997(P): 2/0 IN MS67 (both coins in top clad quarter collections)
1997(D): 16/2 IN MS67 AND MS68 GRADE (both MS68 coins in quarter collection(s).

Wondercoin.

braddick · February 25, 2002 11:04AM

I understand the confusion. Usually it's the "D" mint that doesn't make the high grades while the "P" mint do.

Dog97 · February 25, 2002 3:01PM

I know the difference between a stinking D & P mint!

I may be a little off on the price of the D mint. It's been a while since I talked to the guy that had both the P&D in 67 when 67 was highest graded but I can swear he told me he paid around $1,000 for the D mint about a year or so ago. Or maybe it was around $1,000 for both of them together. He had both P mints and several D mints, I remember that much. It was much much more than the $50 recently realized anyhow. I can also assure you that the MS67 D mint has sold for more than the $210 you stated. That's not my warped memory but a fact.

Both of the MS67 P mints have been within my grasp but eluded me. I have patience, I have been working this set for nearly 5 years when MS66 was the pop1/0 for all the 1997 biz strikes denominations. Many were pop 0/0/0 then. I've upgraded from 65 to 66 to 67 and am now working 68s but 68s are really tough you know. Especially with the pressure from Registry Sets. There will soon be more 68s made for all issues and maybe I can pick up that pesky MS67 P mint 25¢ for $50.

Maybe even 68s for several hundred $$.

dbldie55 · February 25, 2002 4:19PM

For what it is worth:

On July 14 2001

65 66 67 68
1997P 12/14/1/0
1997D 7/10/9/0

On Jan 25 2002

65 66 67 68
1997P 12/14/2/0
1997D 7/14/14/2

And now the 1997D has 16 in 67. Seems like the 97-D is going up in Pop's, while the 97-P seems fairly static, although another MS67 has been made in the last 8 months.

coingame2000 · February 26, 2002 2:57PM

PERFECTOMANIA, hmmm???????? Only time will tell for sure.

Best Regards,

Mike De Falco

wondercoin · February 26, 2002 2:59PM

Mike: Can't be "Perfectomania" here as you made it clear on another thread that term begins with the MS68 grade

It's been quiet around here for 24 hours. Let's not start up again-hugh!

Wondercoin

coingame2000 · February 26, 2002 3:20PM

Mitch,

You wouldn't know what to do with your spare time if you didn't have me to debate with.

Best Regards,

Mike De Falco

coingame2000 · February 26, 2002 3:28PM

Mitch...

I stand corrected! Let me rephrase that...MODERNMANIA, hmmm??? Only time will tell. Is that better little buddy?

Best Regards,

Mike

wondercoin · February 26, 2002 3:40PM

Mike: Thank you. You were like a moving target there! First, you made it clear on t thread that only grades 68 and up were within your definition and then you threw a "curve ball" with responding to an MS67 quarter issue with you patented "perfectomania" reply! Glad we cleared that up

Now, let's get off this silly topic and get everyone to adopt my proposal on the US Coin Forum Board. We can push for the change "hand in hand".

Wondercoin

braddick · February 26, 2002 3:46PM

I'm still hoping Mitch is spending a bit of his spare time in locating that ever elusive VG08 Hawaiian Commemorative for me. . . (hey, I can dream, can't I?)

wondercoin · February 26, 2002 3:52PM

Pat: I actually asked the guy about the coin for you on Tuesday (day before Long Beach) as the owner was checking into his Long Beach hotel. He seemed confused thinking he had another low grade Commem. but not the HA. I told him anyone would due, but I really wanted that HA. Next time we talk on the phone, I'll give you contact information for this guy.

Wondercoin

Wondercoin remember what these sold for last year when they were &quot;rare?&quot;

Comments

Wondercoin remember what these sold for last year when they were "rare?"