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$8800 for a coin that was what, $6 in the 80s?

kiyotekiyote Posts: 5,588 ✭✭✭✭✭
in U.S. Coin Forum
Wow! 1989 Congressional Half dollar MS70

Having a Pop of 4 certainly seems to help the price.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.

Comments

  • ambro51ambro51 Posts: 13,949 ✭✭✭✭✭
    Yeah I just couldn't live without it.
  • GRANDAMGRANDAM Posts: 8,765 ✭✭✭✭✭
    AH,,,,,,, but the coin wasn't in a PCGS MS70 holder in the 1980's. image

    PCGS plastic adds value image

    GrandAm image
    GrandAm :)
  • wondercoinwondercoin Posts: 17,001 ✭✭✭✭✭
    I would have had the #1 set in that particular registry, but I recently turned in to PCGS the Pop 1 George Washington 1982 Half Dollar Commem (for a fraction of what that pop 4 just sold at) because it was not a true 70 (the coin was regraded at MS68). Also, I am waiting for this Congress Half Dollar to get to around $1,000 before I might consider picking it up to finish off the complete set in 70 grade. In my opinion, I give it 50-50 that I'll have a "70" grade coin around that level (or even less) in the next 12-18 months.

    As always, just my 2 cents.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    I never had it on a saved search as there are so few of them, yes I have a complete set. This series is dead in common grade (MS68/69) coin value and just astronomical prices for the TOP POP coins in the early and mid years. Not so in this century's coins as manufacturing methods have improved that much.
    Somebody wanted into the top five group it seems.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    image
    image
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Why are any coins worth more than face value........ Oh wait, I know the answer to this. image
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭


    << <i>Why are any coins worth more than face value........ Oh wait, I know the answer to this. image >>



    sure would enjoy reading your assessment!

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Why are any coins worth more than face value........ >>

    Plastic, of course!
  • RichRRichR Posts: 3,930 ✭✭✭✭✭
    Not for nothing, but I can think of at least 2 or 3 other coins that I'd much rather have sitting in my collection for that amount of cash.

    And they wouldn't have to be #1 in anyone's registry set to make me feel all warm and fuzzy all over!
  • johnny9434johnny9434 Posts: 29,242 ✭✭✭✭✭
    at least the shipping was somewhat reasonable
  • Halfhunter06Halfhunter06 Posts: 1,332 ✭✭✭
    Its a 10 dollar coin in a 7000 dollar holder. I have pity for the guy who bought it. Do you really think the services can tell the difference between a 70 and a 69?? Its all a game, nothing more.
  • lordmarcovanlordmarcovan Posts: 43,885 ✭✭✭✭✭


    << <i>Its a 10 dollar coin in a 7000 dollar holder. I have pity for the guy who bought it. Do you really think the services can tell the difference between a 70 and a 69?? Its all a game, nothing more. >>

    Sure it is.

    But if he went into it with open eyes, and knows the risks, and decided to play the game anyway, then more power to him. It's his money.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • JustlookingJustlooking Posts: 2,895 ✭


    << <i>Its a 10 dollar coin in a 7000 dollar holder. I have pity for the guy who bought it. Do you really think the services can tell the difference between a 70 and a 69?? Its all a game, nothing more. >>



    I really think they can. Do I think it makes the coin that much more valuable? That's another question.
    Let's try not to get upset.
  • Halfhunter06Halfhunter06 Posts: 1,332 ✭✭✭
    If they could really tell, then they should each go out and buy tons of modern stuff and submit to make millions. Its a game man.
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    With the supply of them out there, it will not be long and there will be population of 8 and then 12 and then 16 and on and on.

    With the now motivating potential of scoring 7,950.00 on a 50.00 purchase I'm fairly positive the trys at 70 will greatly increase.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭


    << <i>With the supply of them out there, it will not be long and there will be population of 8 and then 12 and then 16 and on and on.

    With the now motivating potential of scoring 7,950.00 on a 50.00 purchase I'm fairly positive the trys at 70 will greatly increase. >>



    PCGS loves those trys so do the shareholders.
    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Very nice !!!
    Timbuk3
  • IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    I am planning to see over the next few years how many nice large cents I can get for $8800.
    Most will be in the Fine to Very Fine range, with nice surfaces, so acquiring them will take a while.

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