Need some advice (what to do with 3 original rolls of Kennedy 1969-D)
mercurydimeguy
Posts: 4,625 ✭✭✭✭
I was able to pick up 3 original rolls 1969-D Kennedy Half Dollars (NH Coin Expo). The below pic is about the most mediocre one in the roll that wasn't sealed (curiously I peaked at the top 3-4 coins). They all look at least 65...so my question is should I pick through the 3 rolls and find nice pieces to send to PCGS to see if I can make some 66's or better, or should I just send them the three rolls as they are and ask them to grade them/slab them?
Thanks for your input...
Thanks for your input...
0
Comments
64's for $10 or so graded. Got to get 66 to make it worth the effort and you don't want 64,5's pulling you
down with the cost of grading.
bob
PS: after I picked the best of the best I would repeat the process in a different lighting situations just to
see if my thoughts change.
With 500+ x 65's, 131 x 66's and 6 x 67's I would pass on the ones you think would 65 as they sell for about $30 and all the grading fees alone would eat those up quickly. Now, the 66's bring $200+ so those are a nice score if you can get some of those and of course landing a 67 would be SUPER SWEET !!
Just my opinion.
Good Luck on whatever you decide.
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If you do well then send some more coins in if warranted.
GrandAm
<< <i>Send in what you feel are the best (6) coins and see how your grades do,,,, If you do well then send some more coins in if warranted. >>
I think this is wise, see how it goes before spending more on the fees.
Hoard the keys.
<< <i>Send in the best one's and ask for a minimum MS66 so you will only pay for the 66's and a low fee for the rest. That's one way to do it...
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Isn't this option only available on a bulk submission of 100 coins or more and then you use to have to get a minimum 60% grade thru at your minimum grade or you would be charged a reject fee per coin?
GrandAm
<< <i>The real question: Are these even worth the cost of slabbing? >>
If you get MS66s or the elusive MS67, yes, absolutely they are!
Best Regards,
George
Have enough safe flips on hand when first opening the rolls to put the best in right away.
The name is LEE!
Should I look through them and get some graded? I think some are really nice looking.
Even after getting the very high grades needed you still have to be able to find the collectors who are willing to pay the "top pop" prices it is claimed they bring.
Is it worth the effort and risk?
It is the grade that gives them their value, and grade is a distinguishing characteristic for relatively common coins. An MS-66 is worth more than an MS-65. It is salable to an online audience when the grade is certified by a TPG. Since most dealers do not make markets for raw modern coins, this is important. This is also true for most pedestrian classic coins. The holder "gives" high grade examples their value as well. That's what the TPGs do - they grade coins based on their condition.
and it sets us apart from practitioners and consultants. Gregor
Here's one of the better ones, I think...
<< <i> It is the plastic that gives them their value
It is the grade that gives them their value, and grade is a distinguishing characteristic for relatively common coins. An MS-66 is worth more than an MS-65. It is salable to an online audience when the grade is certified by a TPG. Since most dealers do not make markets for raw modern coins, this is important. This is also true for most pedestrian classic coins. The holder "gives" high grade examples their value as well. That's what the TPGs do - they grade coins based on their condition. >>
The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice. In order to get the big money you have to spend the money it takes to get them slabbed and hope the you "get your grade".
<< <i>I am starting to look through them and picking out ones that I think have a shot at higher grades...and will just sell off the ones that I think will only 65.
Here's one of the better ones, I think...
No better than 64. Look at the marks on the cheek and neck. The marks are in prime visual areas.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus.
and it sets us apart from practitioners and consultants. Gregor
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs.
<< <i>
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs. >>
Good god, you are a grumpus almost without peer. You should have a confab with delekkerste, ATS. Together you two would send beer sales into an exponential tizzy!
<< <i>
<< <i>
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs. >>
Good god, you are a grumpus almost without peer. You should have a confab with delekkerste, ATS. Together you two would send beer sales into an exponential tizzy!
Too much honesty? Some posters are suggesting this is a very common coin without much of a collector base. At least this is a teachable experience.
How many of us sent in a coin, when we started collecting, to be disappointed by the assigned grade? Numismatic education. Lesson: Most modern stuff is of limited value.
vplite99, I've had the good fortune to find, holder and resell a number of Kennedys for 4 figures, with one reaching 5 figures. Are you sure?
and it sets us apart from practitioners and consultants. Gregor
The first coin posted as mediocre blows the second one away. This does not bode well for picking the best 6 I think!
<< <i>
<< <i>
<< <i>
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs. >>
Good god, you are a grumpus almost without peer. You should have a confab with delekkerste, ATS. Together you two would send beer sales into an exponential tizzy!
Too much honesty? Some posters are suggesting this is a very common coin without much of a collector base. At least this is a teachable experience.
How many of us sent in a coin, when we started collecting, to be disappointed by the assigned grade? Numismatic education. Lesson: Most modern stuff is of limited value. >>
LOL, honesty isn't the problem -- it's too much negativity generally. 291fifth doesn't limit his lemons-life outlook to just moderns, y'know. ALL of numismatics (well, anything considered collectible, let's not limit it to coins!) is destined to follow the same tortured path of once-prized stamps now used as discount postage -- or didn't you get his memo?
<< <i>The first coin posted as mediocre blows the second one away. This does not bode well for picking the best 6 I think!
I agree, but therein lies a cheap (free) way for the OP to screen his would-be submissions -- line 'em up, take some shots and let the board weigh in! Nothing wrong with extra sets of eyes.
Another way: If you have access to a 66 great, but perhaps get a couple of these date already certified as 65. Compare, contrast with your raw ones, before sending any in.
Good luck to the OP.
<< <i> Lesson: Most modern stuff is of limited value.
vplite99, I've had the good fortune to find, holder and resell a number of Kennedys for 4 figures, with one reaching 5 figures. Are you sure?
But those are very far and few in between!! Rolls of most silver coins from the 60s are considered by dealers to be melt bucket material (or at least GS bid material).
<< <i>
<< <i> Lesson: Most modern stuff is of limited value.
vplite99, I've had the good fortune to find, holder and resell a number of Kennedys for 4 figures, with one reaching 5 figures. Are you sure?
But those are very far and few in between!! Rolls of most silver coins from the 60s are considered by dealers to be melt bucket material (or at least GS bid material). >>
True, and it never hurts to look through and see if there's a gem. Usually not.
(If they weren't few and far between, they wouldn't be able to fetch those prices when certified.)
and it sets us apart from practitioners and consultants. Gregor
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs. >>
Good god, you are a grumpus almost without peer. You should have a confab with delekkerste, ATS. Together you two would send beer sales into an exponential tizzy!
Too much honesty? Some posters are suggesting this is a very common coin without much of a collector base. At least this is a teachable experience.
How many of us sent in a coin, when we started collecting, to be disappointed by the assigned grade? Numismatic education. Lesson: Most modern stuff is of limited value. >>
LOL, honesty isn't the problem -- it's too much negativity generally. 291fifth doesn't limit his lemons-life outlook to just moderns, y'know. ALL of numismatics (well, anything considered collectible, let's not limit it to coins!) is destined to follow the same tortured path of once-prized stamps now used as discount postage -- or didn't you get his memo?
Accurate analysis frightens many posters on this forum. If it happens to seem negative, then so be it.
I think one is a 65+ (could go 65 or 66 or 65+), the other should 66. We'll see, I'm sending the el cheapo grading method because I have no burning platform, but I'll share the submission results once they are posted.
Thanks for a lively thread...had no idea it was going to get so much traction
and it sets us apart from practitioners and consultants. Gregor
and it sets us apart from practitioners and consultants. Gregor
I think one is a 65+ (could go 65 or 66 or 65+), the other should 66. We'll see, I'm sending the el cheapo grading method because I have no burning platform, but I'll share the submission results once they are posted.
Thanks for a lively thread...had no idea it was going to get so much traction
and it sets us apart from practitioners and consultants. Gregor
<< <i>The first coin posted as mediocre blows the second one away. >>
that's what i am thinking. of course, the photo is definitely better.
Exactly right! And that's the reason for taking the time to see what you have!! Also, there's no reason not to test your own grading skills or to seek other opinions on the Coin Forum.
I used to buy some Proof Silver Eagles from the Mint every year. I screened the best ones over the years and in 2006, I submitted 6 of them. My 1993 Proof went PR-70 and I sold it on ebay for $4,900. I paid $23 for it in 1993, or maybe it was only $21. I don't remember without looking it up.
If 291fifth had bought it at melt, it would have been tossed.
I knew it would happen.
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>The grade that will bring the big money exists only in plastic. Raw, they are melt bucket material no matter how nice.
That's not accurate. The condition of the coin is a brute fact regardless of the holder or other opinions of grade. Also, the existence of a market for high-grade PCGS holdered 1969-D Kennedys suggests categorizing them all as melt bucket material is inaccurate. It might well be that the effort to find, holder and resell them doesn't make sense to you, but that is a personal calculus. >>
If coins such as the 1969-D roll are offered to me raw I consider all of the coins to be Ms-60 Unc. I have no interest in gambling on "getting my grade". The owner of the roll has not taken the steps or assumed the expense necessary to transform his coins into marketable, high grade slabbed coins. To me, they are melt bucket uncs. >>
Good god, you are a grumpus almost without peer. You should have a confab with delekkerste, ATS. Together you two would send beer sales into an exponential tizzy!
Too much honesty? Some posters are suggesting this is a very common coin without much of a collector base. At least this is a teachable experience.
How many of us sent in a coin, when we started collecting, to be disappointed by the assigned grade? Numismatic education. Lesson: Most modern stuff is of limited value. >>
LOL, honesty isn't the problem -- it's too much negativity generally. 291fifth doesn't limit his lemons-life outlook to just moderns, y'know. ALL of numismatics (well, anything considered collectible, let's not limit it to coins!) is destined to follow the same tortured path of once-prized stamps now used as discount postage -- or didn't you get his memo?
Accurate analysis frightens many posters on this forum. If it happens to seem negative, then so be it. >>
LOL, carry on, Mary Sunshine.