1975 no "s" proof set Bid goes up 163,000.00

Topdollarpaid

from 37,000.00 to 200,000.00

BigE

The dime just sold for 350,000, thats a bargain. There are 2 know now, so maybe if someone finds an original 5 pack, they would drop?--------------BigE

RichieURich

They must have read my post from the "holy Greysheet" thread:



<< <i>Tuesday September 13, 2011 9:12 PM


The Greysheet doesn't even follow the Greysheet anymore.

Front page of August 26, 2011 Greysheet, the 2nd headline states: "ROOSEVELT DIME SELLS FOR $349,600"
the table below then states "1975 No S Roosevelt Dime PCGS PR68 $349,600"

But on page 7, in the listing for Proof Sets, the listing states: "1975 S no 'S' 10c Bid $37,000 Ask $41,000


. . . Yes, I know, not every 1975 No S dime will grade at PR68, but let's get real here, there are only two sets known, and the other one is worth a lot more than $41,000 after the sale of the first one! >>

rhedden

Gotta love it- the Bid is still only 57% of the ONLY transaction realized in recent memory. Unless it was discounted for a grade difference, you've got to wonder how they came up with that number.

Steve

misread. sorry

seanq

<< <i>Gotta love it- the Bid is still only 57% of the ONLY transaction realized in recent memory. Unless it was discounted for a grade difference, you've got to wonder how they came up with that number. >>



I thought Greysheet was dealer bid, so wouldn't you agree a dealer has to leave a little little room for profit?


Sean Reynolds

rhedden

Yeah, they clearly buy these common modern proofs only about 8 to 10 % below asking price. Margins are small, so don't bother to haggle on the asking price of $500k.

ernie11

Hate to ask a really ignorant question, but why so rare? If they were coined from one die, shouldn't there be more in existence, closer to numbers of 1968 and 1970 S-less dimes? Or was this a case where the Mint caught almost all of them before they got out the door?

19Lyds

<< <i>Hate to ask a really ignorant question, but why so rare? If they were coined from one die, shouldn't there be more in existence, closer to numbers of 1968 and 1970 S-less dimes? Or was this a case where the Mint caught almost all of them before they got out the door? >>

Possibly the latter since only two have surfaced. You'd think that if more were out there, that something would have popped up by now.

mkman123

I wonder if a mint employee created it.....

dpoole

You DO wonder about that these days.

Either way, it's hard to believe there are just two of them.

Check your proof sets, folks.

Harry779

i just got a invite to look over dozens of proof sets from the 60's and 70's that have been sitting in a closet since my friends dad passed away.Got my fingers crossed! lol

19Lyds

<< <i>I wonder if a mint employee created it..... >>

Hint: Mint employees create all the coins at the US Mint's.

BigE

<< <i>Hate to ask a really ignorant question, but why so rare? If they were coined from one die, shouldn't there be more in existence, closer to numbers of 1968 and 1970 S-less dimes? Or was this a case where the Mint caught almost all of them before they got out the door? >>




Actually, I think its an interesting question, especially since you would think the cameo effect would be much stronger as a first strike if not many were made--------------BigE