1946-D / Inv D - Need Jefferson Collector's Thoughts
BigDowgie
Posts: 1,774 ✭✭✭✭
Crew,
I just learned that PCGS decided to remove the 1946-D / Inverted D as a "Major" Variety and as such removed it from the Major Variety Sets. While the coin remains listed in the Complete Variety Sets, what do you think this will mean to the significance of this coin?
Dowgie
I just learned that PCGS decided to remove the 1946-D / Inverted D as a "Major" Variety and as such removed it from the Major Variety Sets. While the coin remains listed in the Complete Variety Sets, what do you think this will mean to the significance of this coin?
Dowgie
0
Comments
ebay auction of a 1941 DDO Lincoln (no longer a major variety) went off with no bids at what was once a reasonable price for such a grade.
So in short, I think it will devalue to some degree the 46 d/inverted d. Less demand (fewer participants in the complete varieties catagories)
means lower prices. My opinion and observations. Shag
Leo
1946-D/D 150 175 200 335 2,300 2,500 MS66 3,150 - - -
1946-D/D FS - - - - - 425 550 2,500 3,000 MS66 6,500 - - -
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
To my knowledge, no one in the Registry was notified, I wasn't. As Shag said, PCGS can givith and takith away! For one, I'm retiring sets.
Dowgie
Kinda BS honestly.
Tell collectors they need these coins to compete and use the registry, then remove certain coins without telling anyone?
Does NGC do this at all?
<< <i>If PCGS drops a coin from their registry sets, and its value drops, does PCGS cover this in their buy back policy?
Kinda BS honestly.
Tell collectors they need these coins to compete and use the registry, then remove certain coins without telling anyone?
Does NGC do this at all? >>
And they paid deerly
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Me thinks pulling dates from registries will make folks think twice before they...........
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Dowgie
<< <i>Dowgie, I believe that PCGS gives, and takes away demand for certain coins by merely including them or not in Registry categories. A recent
ebay auction of a 1941 DDO Lincoln (no longer a major variety) went off with no bids at what was once a reasonable price for such a grade.
So in short, I think it will devalue to some degree the 46 d/inverted d. Less demand (fewer participants in the complete varieties catagories)
means lower prices. My opinion and observations. Shag >>
All from the Heritage achives.....kind of blows your theory right out of the waters.
1946-D 5C D Over Horizontal D
MS64 PCGS. Pop 7/6 $1,610.00 Mar 8, 2009
MS64 PCGS 7/5 Sold For: * $2,012.50 Oct 19, 2008
MS66FS PCGS Sold For: * $4,025.00 Jul 30, 2008
MS66FS Sold For: * $4,312.50 Jun 25, 2008
MS66FS Sold For: * $4,312.50 Jun 25, 2008
MS66 Sold For: * $2,760.00 Jan 8, 2008
Leo
Edited to add; the 3 MS66FS examples shown sold for about $2000 less than what the PCGS price guide shows, $6500.......time for an update?
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Either way in my opinion it should be included.
My Jefferson Full Step Variety Set (1938 - Current)
My Jefferson Proof Variety Set (1938 - Current)
J
and they're cold.
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Mary
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Agree, not sure what is up with the population numbers? They are not correct, unless some of us really don't have one of those 2 MS66FS coins??
Catch you soon.
I THINK THEY ALSO PULLED THE 1914/3 BUFFALO NICKEL
FROM THE MAJOR VARIETY SET.
IT IS NOW ONLY IN THE COMPLETE VARIETY SET.
While I agree with this assessment, perhaps they're making room for the much more rarer 1953-D/inverted D!
Where's the headbanging emotican when you need one?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Has anyone heard anything more from PCGS on the 1946-D/Inverted D? They still do not have the 1946-D/D Pops corrected. They really screwed this one up bad!
Dowgie
<< <i>I have retired almost all of my sets so there should be some movement. Now that I have 40+ coins ready to go to off to get certified and attributed, I am trying to justify the cost of grading plus the attribution fee's? Shouldn't the collectors be allowed to determine what is considered a major variety for that set and the rest fall under complete variety sets? It has been fun chasing some of you, but I am going to sit on the bench until some stabilty in sets or criteria for measuring varities is established.
J >>
Does anyone know if the pops have moved or changed since?
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Could you imagine if the U.S. Mint all of a sudden come out and said that the
Mintage of the 1916 D Mercury Dime was actually 35,740,000 and not 264,000 Whoa
and made changes in mintage numbers off and on at different times
with all series of coins. All stability in the hobby would be destroyed quite quickly.
I empathize with the registry set owners that have put in hundreds of hours
and in some cases thousands of dollars to build a top pop registry set
just to have some of their major variety coins pulled from their set.
Horrible situation to be in. Makes my stomach queasy just thinking about it,
and I do not even have a registry set.
Anyway, back to this old thread...
I still think they should leave registry compositions alone. No real reason why a "major" variety should be downgraded IMO.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
<< <i>Not a fair shake to those who spent the bucks for the registry points. >>
Let's just hope PCGS will doesn't ever make an announcement that they're closing their doors. What a pandemic that will be.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
I think the latter out numbers the combination thereof 10,000 to one.
So it's really no big deal to the conscientious and were conservative about it.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
<< <i>i agree weth big dowgie, this is kind of B.S. I will pull my regisrty sets also, there goes my reason in life to submitting to pcgs, might as well get them in NGC holders. >>
Mine is in an NGC holder but this decision will likely cause a drop in price regardless of holder.
These things will see major reductions in price IMHO.
Steve
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Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."