Very high grade (PR-70 or MS-67 or better) modern coins. In the most extreme case a raw modern business strike cent might be worth $100 (generous estimate) based upon the speculation that it might grade MS-70. Once it has made MS-70 such items have brought as much as $15,000.
The most extreme instance was that 1963 cent from years ago that was PR-70, Ultra Cameo. Unfortunately the coin had turned while it was in the holder and was now spotted. In my opinion it was worth $10 with a tailwind outside the holder. It didn't matter. The piece got a bid with the buyers' fee of over $40,000 at auction.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
I don't want this thread to turn into another modern-bashing thread (no matter how much moderns deserve it) so let's limit it to series that started no later than 1916.
most any classic , non-bullion U.S. coin (not series), on the cusp of the next grade up is typically dependent on the plastic for it's value, if that makes sense. It's the cream of the crop that started this. Isn't it ?
<< <i>Though I like Bill's answer, it seems to fall outside the specifications of the question.
As such, I'd say matte proof lincoln cents or full head SLQs. >>
Raw early large cents have all over Standing Liberty quarters when it comes to selling for significant prices as raw coins. The is a very large market for them as evidenced by the inventories offered by the major dealers.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Other than high grade moderns the what I call semi-modern issues that are dependent on specific designations to ensure value. Coins like Roosevelt Dimes, Jefferson Nickels and Franklin Halves.
Follow me on Twitter @wtcgroup Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Very high grade (PR-70 or MS-67 or better) modern coins. In the most extreme case a raw modern business strike cent might be worth $100 (generous estimate) based upon the speculation that it might grade MS-70. Once it has made MS-70 such items have brought as much as $15,000.
The most extreme instance was that 1963 cent from years ago that was PR-70, Ultra Cameo. Unfortunately the coin had turned while it was in the holder and was now spotted. In my opinion it was worth $10 with a tailwind outside the holder. It didn't matter. The piece got a bid with the buyers' fee of over $40,000 at auction. >>
And there was the $15k 2003 MS70 cent that later spotted and downgraded to an $85 MS69. Lance.
Comments
The most extreme instance was that 1963 cent from years ago that was PR-70, Ultra Cameo. Unfortunately the coin had turned while it was in the holder and was now spotted. In my opinion it was worth $10 with a tailwind outside the holder. It didn't matter. The piece got a bid with the buyers' fee of over $40,000 at auction.
We'll use our hands and hearts and if we must we'll use our heads.
As such, I'd say matte proof lincoln cents or full head SLQs.
In honor of the memory of Cpl. Michael E. Thompson
<< <i>Though I like Bill's answer, it seems to fall outside the specifications of the question.
As such, I'd say matte proof lincoln cents or full head SLQs. >>
Raw early large cents have all over Standing Liberty quarters when it comes to selling for significant prices as raw coins. The is a very large market for them as evidenced by the inventories offered by the major dealers.
Authorized dealer for PCGS, PCGS Currency, NGC, NCS, PMG, CAC. Member of the PNG, ANA. Member dealer of CoinPlex and CCE/FACTS as "CH5"
<< <i>Very high grade (PR-70 or MS-67 or better) modern coins. In the most extreme case a raw modern business strike cent might be worth $100 (generous estimate) based upon the speculation that it might grade MS-70. Once it has made MS-70 such items have brought as much as $15,000.
The most extreme instance was that 1963 cent from years ago that was PR-70, Ultra Cameo. Unfortunately the coin had turned while it was in the holder and was now spotted. In my opinion it was worth $10 with a tailwind outside the holder. It didn't matter. The piece got a bid with the buyers' fee of over $40,000 at auction. >>
And there was the $15k 2003 MS70 cent that later spotted and downgraded to an $85 MS69.
Lance.