PRESIDENTIAL TYLER P POS A AND POS B OVERLAPS FOR SALE
COINMAN09
Posts: 15
THE ENTIRE TYLER P OVERLAP DOUBLE EDGE LETTERING COINS WILL GO UP FOR SALE AT THE LONG BEACH SHOW WITH HERITAGE AUCTIONS. POSITION A's THAT WILL BE AVAILABLE WILL BE PCGS 2-MS66's, 2-MS65's, and 1 MS64. THE ONLY POS B THAT WILL BE AVAILABLE WILL BE A SINGLE PCGS MS65 OF WHICH ONLY TWO ARE KNOWN; OF WHICH I RETAIN ONE. THE ENTIRE POPULATION OF POS A's IS 6 AND I ALSO WILL RETAIN ONE OF THOSE AS WELL. SO A TOTAL OF 5 POS A's AND 1 POS B WILL BE AVAILABLE FOR SALE AT THE AUCTION EXCLUSIVELY THROUGH HERITAGE AUCTION HOUSE.IF YOU WANT ONE OF THESE, THEN BID HIGH SINCE THIS MAY BE YOUR ONLY CHANCE TO GET YOUR HANDS ON ONE FOR YOUR REGISTRY SET. JIM ELSEMORE AND OTHER TOP REGISTRY COLLECTORS IN THE PRESIDENTIAL DOLLAR SERIES HAVE INFORMED ME THAT THEY WILL BE BIDDING ON THESE. SO BID HIGH IF YOU WANT ANY OF THEM.
THE ESTIMATE BY THE HERITAGE NUMISTATISTS IS THAT THE POS B WILL SELL FOR $10,000+ SO BE SURE TO BID HIGH IF YOU WANT IT. THE TYLER P OVERLAP DOUBLE EDGE LETTERING POS B IS GOING TO ADVERTISED AS ONE OF THE HIGHLIGHTS OF THE SALE BY HERITAGE IN PRINT MEDIA ADVERTISING.
THE AUCTION WILL BE HELD ON FEB 4-6 AT THE LONG BEACH SHOW IN LONG BEACH, CA AND WILL BEGIN BY INTERNET AUCTION AND CULMINATE IN A LIVE FLOOR AUCTION IN WHICH SOMEONE MUST BE ACTUALLY PRESENT AT THE SHOW IN ORDER TO BID. SO POTENTIALLY AN INTERNET BIDDER COULD EASILY BE OUTBID BY A BIDDER ACTUALLY PRESENT AT THE LIVE AUCTION ON THE FLOOR.
ANYONE INTERESTED IN VIEWING THESE COINS FOR BID CAN DO SO AT THE SHOW ON THE AUCTION FLOOR WHERE THEY WILL BE UP FOR DISPLAY FOR ANY POTENTIAL BIDDERS.
I HAVE A GENUINE TYLER P OVERLAP POS B AVAILABLE FOR TRADE WHICH IS NOT GOING UP FOR AUCTION AT THE LONG BEACH SHOW. THE GENUINE DIDN'T GRADE BECAUSE OF RIM DAMAGE BUT IT WILL STILL FILL THE TYLER P POS B SLOT IN ANY REGISTRY SET. I OFFERED IT TO JIM ELSMORE FOR TRADE BUT HE TURNED ME DOWN OF COURSE. I HAVE ALSO OFFERED IT FOR TRADE TO BROADWAYPHILLY BUT HE KEEPS TURNING IT DOWN. KIND OF CRAZY CONSIDERING IT IS THE ONLY OTHER POS B THAT MIGHT FILL SOMEONE'S SLOT IN THEIR REGISTRY SET. CONSIDERING THAT THERE IS ONLY ONE POS B THAT IS GOING TO EVER BE AVAILABLE, THIS IS ONE OF THOSE FEW INSTANCES WHERE A GENUINE MAY ACTUALLY BE WORTH A SUBSTANTIAL AMOUNT OF MONEY, WHEN MOST OF THE TIME THE GENUINE DESIGNATION IS USUALLY CONSIDERED TO BE WORTHLESS. IT IS ACTUALLY DESIGNATED AS A TYLER P POS B OVERLAP DOUBLE EDGE LETTERING VARIETY BY PCGS.
IF ANYONE IS INTERESTED IN TRADING FOR THIS TYLER P OVERLAP POS B GENUINE PLEASE CONTACT ME.
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Comments
Curious how the heritage experts could estimate a $10,000+ sale on a coin minted a week or two ago for which virtually all of the P mint bricks have yet to even be opened to examine?
Good luck though with the sales. Justin's #1 Pres set will not be bidding... simply because (17 year old) Justin doesn't have $10,000 (LOL) and enjoys "cherrypicking" them. I guess he will be asking me to find him a ton of P mint bricks to search!!
Wondercoin
Is this guy "for real"?
Steve
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
Wondercoin
<< <i>Curious how the heritage experts could estimate a $10,000+ sale on a coin minted a week or two ago for which virtually all of the P mint bricks have yet to even be opened to examine? >>
I GUESS ITS TYLER SINCE NO TAYLORS HAVE BEEN GRADED YET AND I'D SURE BE INTERESTED TO SEE IF THESE ACTUALLY SELL FOR THAT ESTIMATED AMOUNT SINCE I DON'T EVER RECALL SEEING A PRESIDENTIAL DOLLAR BEING SOLD THROUGH HERITAGE.
OF COURSE I COULD HAVE MISSED SOMETHING.................
The name is LEE!
Wondercoin
As for Presidential Overlaps, I ask you, do you have any Tyler P Overlaps? If so, then please let me know. But I doubt it. Currently there are several Presidential Overlaps of great rarity which exist in the Presidential dollar series. To name a few, there is the George Washington P MS Overlap, the soon to be Jefferson P Pos A Overlap, the SF Monroe MS Overlap Owned by Mr. Elsemore and another, and of course the Tyler P Pos A and B Overlaps. I don't see high populations among those even after all these couple of years do you? The GW P Overlap has a Pop of 2, the Jefferson P Pos A a Pop of 1, the Monroe SF MS Overlap I believe a Pop of 1, and of Course these Tyler P's a Pop of 6 A's, 2 B's, and 1 genuine. The GW and TJ are from 2007 and Mr. Elsmore's SF Monroe is from 2008 respectively and I don't see a Pop of more than 5 of those two years out. Really, the high Pop of Adams was the exception and not the rule. As time has gone on the mint has gotten better at utilizing their laser sensors in their machines for edge lettering errors and weeded out corrupt employees. The laser sensors sound the alarm and cause the machines to stop when an error is detected these days. The fact that the machine runs so fast can cause a lag time of a temporary shutdown between the alarm and actual stoppage which might make the machine produce 12 or so or even less errors. The recent Polk P Weak Edges have been the exception because the population is well over 100. But as we all know, in general Weak Edges are more common among varieties, then comes Partials, and finally is the Overlaps being the rarest type of all notwithstanding population numbers.
Considering that exclusive of the Adams Overlaps, the total pop of Overlaps for 2007 to 2008 is 5, it would seem that Overlaps are generally rare indeed. That makes the Tylers very rare as well especially the Pos B. Someone here said that these coins are Taylors, meaning "Zachary Taylors", but these are not Taylors at all. They are John Tylers which weren't produced a few weeks ago as the writer stated, but last spring just after the Harrisons.
As far as for being "For Real" I am for real, but if I reveal who I am then I will tip my hand and you will know which sets I have on the Registry which are relatively ranked very high. I prefer to remain anonymous for now as I might overtake one of your sets.
As far as being loud with caps, I apologize as it was unintended to offend anyone.
As far as the Pos B final price goes, who knows? What would anyone pay for it to complete their set? I guess we shall see. It is at this point a fairly unique coin, with a graded pop of 2 (in which I keep one) and if nothing emerges and becomes known between now and Feb, then when the coins will be sold they will have been out of production at the mint for at least a year since they were produced last spring. And if they are out for a year, and no others become known during that lapse of that time, then recent history has shown that it is unlikely that any will ever be known. And that will make this opportunity to bid, an opportunity that may only come once in 20 years or a lifetime.
So, if you think you can find any, then get searching. I challenge you to find one. And if you find any between now and Feb, then the Long Beach Show may be your best bet, or trade with me for the Genuine Pos B which will fill your slot, although it won't give any weighted grade to one's set. While one wants a weighted grade for the set, the most valuable factor for consideration for the set is having the coin, which the computer program will credit the registry owner. Better to have the coin even at no grade then not at all.
As I mentioned previously, good luck with your auction sales.
Wondercoin
<< <i>As far as for being "For Real" I am for real, but if I reveal who I am then I will tip my hand and you will know which sets I have on the Registry which are relatively ranked very high. I prefer to remain anonymous for now as I might overtake one of your sets. >>
My favorite kind of person.
No matter, I think I know who you are.
The name is LEE!
Originally, my son Justin was collecting everything in the way of Mint State Presidential Dollars... business strikes, major varieties, minor varieties, etc. About a year or so ago, he determined he simply could not pursue the collection the way he desired with such a broad focus. He simply lacked the capital. So, he decided to concentrate on the business strike coins.... a collection that will still end up having a few hundred coins in it. But, a set he can build "homemade" for the most part. A perfect project for a high school kid. He won the "Young Numismatist of Year" award for his great (focused) business strike set. Looks good on his college applications he is doing this week as well.
You know, Justin's lesson was very similar to what I had to do as well a few years back. I started building a pattern nickel collection in finest known grade - shield, liberty, washington, Lincoln, 3 cent design, etc., etc., etc. It soon became clear that project was far too costly for me, especially because I couldn't resist buying a cool pattern in a different denomination when the opportunity presented itself (a couple "20 centers" here, an aluminum cent or quarter there). So, I trimmed it down to pattern liberty nickels. Then, prices exploded and I couldn't buy those either. But, I think I had the right idea.
"Don't bite off more than you can chew" when pursuing your collection and you should have great fun!
Wondercoin
Caps off on this post
The name is LEE!
Or a reserve and just (1) buyer often gets there as well.
Wondercoin
<< <i>"I would be very suprised to see the coin come close to $10,000, but stranger things have happenned. It only takes 2 people that want the coin bad"
Or a reserve and just (1) buyer often gets there as well.
Wondercoin >>
That would probably be the best way for the seller to play it. In this weak enviroment, no reserve could be a dangerous way to auction a coin like that. With a high reserve, he can test the market, sell the coin at a price he wants, or get the coin back and try again when the demand improves. (of course the risk is there may be more of the coins slabbed in the future).
<< <i>The Adams Overlapped were high in number because there were several Mint employees at the Denver Mint who deliberately did those coins so that they could profit by illegally selling some for themselves. They covered up their crime by producing a lot of them to make it seem like it was a mechanical or system error. They are in Federal Prison for that crime and others they did including the 2005 Extra High Leaf and Low Leaf Wisconsin state quarter and other coins. >>
I don;t recall reading about this anywhere and surely it would have made some type of news outlet?
The name is LEE!
<< <i>I'm really curious about this statements:
<< <i>The Adams Overlapped were high in number because there were several Mint employees at the Denver Mint who deliberately did those coins so that they could profit by illegally selling some for themselves. They covered up their crime by producing a lot of them to make it seem like it was a mechanical or system error. They are in Federal Prison for that crime and others they did including the 2005 Extra High Leaf and Low Leaf Wisconsin state quarter and other coins. >>
I don;t recall reading about this anywhere and surely it would have made some type of news outlet? >>
I tried to google information on that, and could not come up with anything either.
Wondercoin
<< <i>THE ESTIMATE BY THE HERITAGE NUMISTATISTS IS THAT THE POS B WILL SELL FOR $10,000+ >>
I would like to know who at Heritage said this coin would sell for $10,000. Would you care to name who said this so we could call to verify?
I really sympathize with Justin's plight. When I was his age, the same thing happened to me, for as I got older and had to start out in my life I had other financial priorities and collecting just became too expensive. I vowed to myself as Justin probably has, to take up collecting later in life when I could afford it. Unfortunately, that didn't happen until many years later. Justin has a nice set and some wonderful coins. He might be able to continue his collection later in his life just as I have. I have some coins that he doesn't have and visa-versa. Tell him that I have turned on my PM as you have suggested, and to contact me, as I would be willing to trade some of mine for his, including possibly the Tyler P Pos B Genuine Overlap. To trade for the Genuine Overlap might be quite an opportunity for him, and if he misses some of the coin(s) for such a trade, those coins he might be able to reaquire later in life.
By the way, doesn't Justin have a TJ MEL? I don't recall if he has one or not.
Good luck on the sale, did you get a cash advance from Heritage for half??
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
Anybody have a net?....
<< <i>If by some small miracle i was to find a few i would send Justin one for a dollar. >>
Would you really?
The name is LEE!
I have been buying new rolls from the bank every week this year. I have not bought many older classic coins and if the money stays in the bank account it seems to dissapear so i try to pick up at least 10 rolls of prezzies a week that my other half does not know about. She just wonders why my checks are so low this year.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
Wondercoin
<< <i>That is very kind of Pennyannie, but Justin has never accepted a young numismatist gift to date and I expect he would compensate Pennyannie fairly if the situation presented itself.
Wondercoin >>
I, on the other hand, would warmly welcome his gift!
Does this make me bad?
The name is LEE!
BTW i finnally opened a roll today, 340+ to go.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
<< <i>Oh, and one more thing, Mr. Elsmore may not desire to comment on the rarity of these coins and as to their potential value as he himself will be bidding on them in Feb. Such comments by him regarding rarity might drive the price up making him pay more should he win. Or if he does, he may try to down play the rarity in hopes to keep the price down at auction. He afterall, is going to need a Pos A of these and desires to win the only Pos B available. No doubt that he will try to bid on one of the Pos A MS66's or both and most definitely the Pos B. And rumor has it, that Mr. Elsemore has been searching the past several weeks looking desperately for these coins either raw or graded and he can't find any. And if he can't find any, I doubt anyone else will.
<< <i>
WOW!
Alan, was all this necessary or needed?
I guess this was to stop all of my commentary..... You mentioned things about me that I didn't even know! :-)
A Variety in a Genuine Holder is problem coin, thus the designation. I would prefer to not have those in my collection unless the price is right.
A price has not been set on this coin. How much is it? Then I can make a better decision on it.
I have put out word to a couple of people that open up a lots of bricks of these dollars that the overlaps exist, this is not a sign of desperation on my part.
Tazmic is now also on the hunt....
There are one coin wonders and when a handful of something is found.
One needs to ask themselves, are there more?
This happens on many of the Presdential Dollar Series Varieties.
I enjoy the series and have discovered many great and rare varieties to date.
These "Tyler Overlaps" are great additions to the series....as to value....only time will tell.
Alan, Congrats on the discovery.
Bottomline:
Looks like no one will obtain for now 100% complete in the Presidential Dollar Complete Registry set and that goes for me as well.
Gardnerville, NV
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The name is LEE!
Wondercoin
Steve
Get ready for the Jefferson P Overlap and the Tyler P Partial Edge Lettering to be added to the set's composition in the weeks ahead.
Jack
<< <i>What exactly is an overlap?
Steve >>
Double Edge Lettering Overlapped.
The name is LEE!
The name is LEE!