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2009 lincoln formative / Lp2 mint boxes / proof sets / doubled die errors

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  • PapiPapi Posts: 1,189 ✭✭


    << <i>I have not gotten it graded yet. Have you had any of yours graded yet?

    I do have 30 of the regular 006's graded though; 8 MS 65, 9 MS 66, and 13 MS67's. >>




    I have not yet graded anything.

    I've seen coins from ANACS that I felt were over graded, but I'm sure that happens with all services.

    Been waiting for the other TPGs to come on board.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Right now I am sitting on 192 graded ANACS coins as I got tired of waiting for our host to start grading them. I don't feel that ANACS is over grading on these coins from what I have seen. They sure do a better job than ngc.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Right now I am sitting on 192 graded ANACS coins as I got tired of waiting for our host to start grading them. >>



    $2k is a lot to "sit on"



    << <i>I don't feel that ANACS is over grading on these coins from what I have seen. They sure do a better job than ngc. >>



    Good to know
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Every one of these is one that is on the list that has CPG numbers.

    I had more but have sold 48 of them.

  • PapiPapi Posts: 1,189 ✭✭


    << <i> I do have 30 of the regular 006's graded though; 8 MS 65, 9 MS 66, and 13 MS67's. >>



    I'm curious; can you tell the difference, now that they are graded, between 65,66,67?

    Is it the number of bag marks in the fields? Can you actually say a 65 has x-amount more marks than a 66 or 67?

    It may be useful, if I do decide to submit, as to which ones to send.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I just took out 3 WDDR 025's. a 065, a 066, and a 067.

    I did not count the number of hits in the field of each but the progression is there from x number on the 65 to very few on the 67 but there are some on the 67.

    The 67 is a very nice looking coin though and has sharp detail.

    I am waiting for my last 40 I had graded which are to be delivered Tuesday as I have 27 of them as graded MS67.

    I very carefully picked out the very best coins I had from my stock of 006's and 043's .

    I know I got the 27 MS67's, 11 MS 66's and 2 MS65's but do not know which got what right now but am happy with my selections anyway.
  • PapiPapi Posts: 1,189 ✭✭
    Great info, thanks for sharing

    Do those nasty rinse spots have an effect on the grade?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I would have to say they do because you can see a progression there too in more on the 65 on up to less on the 67.

    I die not look on any of the others but will do a similar sampling on the 006 for you and get back to you.
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>I would have to say they do because you can see a progression there too in more on the 65 on up to less on the 67.

    I did not look on any of the others but will do a similar sampling on the 006 for you and get back to you. >>



    I checked out the WDDR 006's and found the same progression on them.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭


    << <i>
    Ah the big crack, that's the one you want to find ODH >>



    Two questions Papi...(1) how many of the 006 final stage die crack cents do you have? (2) what does ODH mean? image I hope I'm not the only one who doesn't know...haha
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I believe ODH is "YOU" buddy.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Haha...wouldn't I be ODNH? Anyway, the question still remains for Papi as to how many of these terminal stage die crack 006's he has. I have zero with both obverse and reverse

    die cracks (never got that lucky) and only two with the major die crack on the obverse (both purchased on ebay)
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Haha...wouldn't I be ODNH? Anyway, the question still remains for Papi as to how many of these terminal stage die crack 006's he has. >>



    Ha, ODH would be you; I never noticed the N before.


    I found them in 2009, so to be perfectly honest, I don't know how many I have.

    I'm guessing that it was about 2 dozen, more or less.

    With the number I've seen for sale on Ebay in the last 4 years; I'd say there's less than 100.

    That is of course unless someone like TreasureChest has rolls of them!


  • pitbosspitboss Posts: 8,643 ✭✭✭
    I am sure you were the fortunate finder of these great coins as that die could not have lasted very long with that cracked die.

    I feel very lucky to even have one.

    I have been watching the bidding on these error coins and have noticed a trend lately that is very interesting.

    More and more of the bidders are new people just starting to get involved in these coins.

    I had several in the past few weeks that are completely new to ebay.

    Do you think we are finally turning the corner on them or is this just a flash in the pan?


  • HIGHLOWLEAVESHIGHLOWLEAVES Posts: 785 ✭✭✭
    Good Morning America and Pitboss !! I appears that Ebay sales of collector coins has picked up some recently. Maybe not higher prices but the number of sales. In many ways, I think that the horse is out of the barn and several collectors including many on the PCGS Forum are buying more rolls of 2009 P FY cents on Ebay. The retail sales on Ebay at nice high prices don't seem to be there. The supply being offered needs to be cut to see if the serious collectors pay higher, fair prices for the talked about "rare" DDR numbers and matched dies. I wouldn't try to get too technical with all the different die marriages, etc. with the retail collectors or they may drop out and find many other interesting coins to collect or speculate on.
    Specialized Investments
  • PapiPapi Posts: 1,189 ✭✭


    << <i>The supply being offered needs to be cut to see if the serious collectors pay higher, fair prices for the talked about "rare" DDR numbers. >>



    Thanks HLL, I've been saying the same



    << <i>I wouldn't try to get too technical with all the different die marriages, etc. with the retail collectors or they may drop out and find many other interesting coins to collect or speculate on. >>



    There are a couple of coins in the series that have combined obv/rev varieties, but there is only 1 that has documented die marriages; The Skeleton
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>Good Morning America and Pitboss !! I appears that Ebay sales of collector coins has picked up some recently. Maybe not higher prices but the number of sales. In many ways, I think that the horse is out of the barn and several collectors including many on the PCGS Forum are buying more rolls of 2009 P FY cents on Ebay. The retail sales on Ebay at nice high prices don't seem to be there. The supply being offered needs to be cut to see if the serious collectors pay higher, fair prices for the talked about "rare" DDR numbers and matched dies. I wouldn't try to get too technical with all the different die marriages, etc. with the retail collectors or they may drop out and find many other interesting coins to collect or speculate on. >>



    I have almost completely stopped selling any raw errors and am selling graded coins at this point and am buying ungraded when the price is right. Can always get more graded if my stock runs low. The 68's are the top of the heap but there are very few of them so the 67 seems to be in demand right now. I was watching a raw WDDR 050 this morning to see what the action was going to be on it. There were a couple of newbys bidding but it was won by a veteran who got it for a good price.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>I am sure you were the fortunate finder of these great coins as that die could not have lasted very long with that cracked die.

    I feel very lucky to even have one. >>




    Yeah, I got lucky; but I started with bank boxes almost right away.

    There are other DDRs with die cracks too. Some find the cracks a distraction or ugly. I think they're image

    Eventually they may all be sought by specialists.

    They're a definite "buy" right now when they come up, IMO
  • ambro51ambro51 Posts: 13,775 ✭✭✭✭✭
    This morning I picked up a penny laying in the Wawa parking lot and it was one of the log splitter types...but it had been run over a lot and I couldn't tell if it was one of the finger error coins or not.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    That will happen to a lot of these because people don't want pennies and just throw them when they come out of stores.

    I have seen people do this.
  • PapiPapi Posts: 1,189 ✭✭
    This is what baffles me

    This costs $125 - 2006; can you see it without magnification? It's in the book.

    image

    and this costs $10

    image
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I know which one I would want!
  • <<I know which one I would want>>

    Let me know if it is the 2006, i'll give you a deal on a few image
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Are you selling them at $10.00?
  • No!!, those things are going for $125. For you, $120
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Sorry Papi, I still can't see the error on the 2006...even WITH magnification! Is that blob supposed to be a doubled die? I'm going to look through all of my 2006 pennies and hope.

    I will sell all of them at a bargain basement price of $75 ea. Isn't it strange that there is so much resistance to the 2009's? Well, that's my vent for tonight....imageimageimage
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Sorry Papi, I still can't see the error on the 2006...even WITH magnification! Is that blob supposed to be a doubled die? >>



    Yes, this BLOB is the tip of an earlobe, and it's in the CPG


    Can you see the BLOB now? image
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Looks like a pimple, someone should pop it!
  • HIGHLOWLEAVESHIGHLOWLEAVES Posts: 785 ✭✭✭
    T.C.'s solid roll of 2009 P FY DDR #043 is on Ebay with one and a half hours to go at $127. This will be interesting... No rolls of #025 or #014 are being offered tonight......
    Specialized Investments
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Looks like we are all lined up for the fun.

    I have been picking off singles here and there all week adding to my stack of different DDR's.

    Mostly will just watch the proceedings tonight unless something is going cheap.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Yes Papi...I see the blob now. Pretty impressive error! I missed the latest TC auction on the 43's....how much did they go for?
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Yes Papi...I see the blob now. Pretty impressive error! >>



    Impressive? image
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    sarcasm image
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Mostly will just watch the proceedings tonight unless something is going cheap. >>



    Was it all you had hoped for?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Yea, I did pick up one more 006 on a 2nd chance but did not do anything else. Was watching everybody get mad about PCGS ending their guarantee for the MS70 silver eagles.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    How much did TC's auction sell for on the 43's tonight? I missed it. But I see he has another roll listed already. This guy's got a million of 'em.

  • HIGHLOWLEAVESHIGHLOWLEAVES Posts: 785 ✭✭✭
    T.C.'s roll of DDR #043 sold for $166. + change. Down 50% and more from the high. Interesting.....
    Specialized Investments
  • PapiPapi Posts: 1,189 ✭✭


    << <i>How much did TC's auction sell for on the 43's tonight? I missed it. >>



    image Don't you know how to see completed listings? They even stay on your "Watch List" after they close.




    << <i>But I see he has another roll listed already. This guy's got a million of 'em. >>



    I don't think he's got a million



    << <i>Down 50% and more from the high. Interesting..... >>



    I've been saying all along about flooding the market, but what do I know.



  • pitbosspitboss Posts: 8,643 ✭✭✭
    The market right now, as Papi says, will not stand the pressure of someone selling off as many of one of these errors as TC is at the present time. He is reaching the saturation level for that particular variation and if he keeps putting a roll out there every week he will soon have reached the point where he will get no bids at all because the amount of collectors we have right now do not support as many as he wants to sell. Water seeks its own level.
  • PapiPapi Posts: 1,189 ✭✭


    << <i> he will soon have reached the point where he will get no bids at all. >>



    I don't think we'll see this, but you're right; they seek their level, for now
  • pitbosspitboss Posts: 8,643 ✭✭✭
    You are right, I should have had the "for now" in there .
  • joeykoinsjoeykoins Posts: 15,858 ✭✭✭✭✭
    Are these rolls,your talking about being sold,are they the "bank rolls" or from the "mint" rolls? I can't seem to find these particular rolls on the 'bay! imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    These rolls TC is selling are the solid 043 errors straight from bank rolls. 50 errors per roll
  • joeykoinsjoeykoins Posts: 15,858 ✭✭✭✭✭
    Thank You,PB ! Now I know. I can't believe the price.wow! Considering "50"? People will be sorry to pass this offer up. They'll learn. Of course,when its too late,though. imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • HIGHLOWLEAVESHIGHLOWLEAVES Posts: 785 ✭✭✭
    Just my opinion, who knows how many sources of 2009 P FY cent boxes T.C. has at his disposal ? Does any Forum know for sure? I rather doubt it. He is simply being a typical coin dealer and sells his inventory for current profit. I think that he will slow down his #043 roll Ebay offerings when his supply dwindles or he is giving the rolls away at too low of prices at or below cost. I have these thoughts about T. C. which run along the same lines as the never ending supply of WI Extra Leaf quarters on Ebay. As a person who follows the WI varieties since their introduction, prices of the quarters and the 2009 P DDR's will probably not appreciate even with more publicity until the hoards are dispersed. This will take years and some current "Believers" may get wery and drop out of the fold during the long, painful exercise. My thoughts are really not negative but I warn members that the 2009 DDR path will be long and treacherous. The winners will be ones who stay tuned and have years to wait. There really doesn't appear to be any reliable wholesale market for the 2009 DDR's. Have a great day.









    Specialized Investments
  • joeykoinsjoeykoins Posts: 15,858 ✭✭✭✭✭


    << <i>Just my opinion, who knows how many sources of 2009 P FY cent boxes T.C. has at his disposal ? Does any Forum know for sure? I rather doubt it. He is simply being a typical coin dealer and sells his inventory for current profit. I think that he will slow down his #043 roll Ebay offerings when his supply dwindles or he is giving the rolls away at too low of prices at or below cost. I have these thoughts about T. C. which run along the same lines as the never ending supply of WI Extra Leaf quarters on Ebay. As a person who follows the WI varieties since their introduction, prices of the quarters and the 2009 P DDR's will probably not appreciate even with more publicity until the hoards are dispersed. This will take years and some current "Believers" may get wery and drop out of the fold during the long, painful exercise. My thoughts are really not negative but I warn members that the 2009 DDR path will be long and treacherous. The winners will be ones who stay tuned and have years to wait. There really doesn't appear to be any reliable wholesale market for the 2009 DDR's. Have a great day. >>

    I can tell,your not a " true believer". We appreciate your concern but in saying that, like many times said in this business, " we'll take our chances!" Thanks again in trying to help,my friend. One thing you are right about, "time will tell."One way or the other! Keep the faith,fellow believers. -joey imageimage P.S. I know what your thinking, " Its not that I'm not a true believer, its just that i'm being "realistic"!right?

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Just my opinion, the 2009 DDR path will be long and treacherous. The winners will be ones who stay tuned and have years to wait. >>



    I agree; decades even.

    It's taken 5 years just to get 7 of them in the book; it will take another 10 to get the remaining major ones in




    << <i>There really doesn't appear to be any reliable wholesale market for the 2009 DDR's. >>



    With all the .99c sales, and quantities of up to 500 being offered on line. There's no need for one, at the present time.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    I wasn't tracking TC's listing of the 43's and the completed listings for whatever reason (maybe hadn't updated yet?) wasn't showing the final results. I was just curious...

    There definitely is a flood from certain sellers that is affecting the perception of rarity to the newer collectors. (and me for that matter) The diamond industry does it right. Their value

    would also come down dramatically if they put all of them out for sale at one time. We need to think about that perhaps. The trick is to be patient and not continually think about getting

    a jump on the competition AT ANY COST.



    imageimage
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Take advantage of today buying opportunity as 10 years down the road it will not be available to you.

    Unless of course you by my coins off my kids.

    I've been told I just adopted "I love 2009 DDR's", so I guess you will have to buy them off of him.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Take advantage of today buying opportunity as 10 years down the road it will not be available to you.

    Unless of course you by my coins off my kids.

    I've been told I just adopted "I love 2009 DDR's", so I guess you will have to buy them off of him. >>



    Please leave the Skeletons to me Dad image

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