Don't look know, 3 new 1976s MS68 Silver Ikes added to the pops ...

fantasiize

... I am sure 1 or 2 will be coming to an auction site near you.

If I remember Tuesday's pop report, we had 53 of them; today we have 56 of them.

When do you all think we will see 100 ??

dbldie55

Last July 14 there were 43. Nothing like the number increases in the 1971-P though.

fantasiize

dbldie55,

Since you seem to like numbers, the 76s in MS68 had a pop of 10 in Oct 1998, 45 in Oct 2001 and 56 today.

Agree about the 71p, there were about 250 in mid April 2002 and today there are 284 that is almost one new one per day. When the pop gets to 300 (with the current pace it will probably be around June 20th) I'll finally pick one up.

dbldie55

I would tell you what it was in July of 1994, but someone wanted the Ike pages so I cut them out and sent them to him.

segoja

Remember that the ALL the increase in population for the 1971-P came from 1 small roll collection. This is an annomally, and most likely will not be repeated in the very near future.

cjmbuffalo

Yes the numbers are increasing as the interest goes up in the Ikes but still the 76S in MS68 is still the hardest coin to make. Based on the numbers 1 out of every 76,680 have made the grade thats harder then the 71S in MS67 which is 1 out of 62,441. Its still a tough coin.

segoja

Good insight!

khayse

I would complain that the pop grew after I got mine, but I guess
that's always going to happen.

I'll be very interested to see the prices the new ones bring though.
Ike market seems like it's been kinda slow lately.

-KHayse

georgewashinton

What does it take for a 76-S BU Ike $1 to make MS-68? I sent in 4
best pieces I found. These coins are mark-free to me and, yet,
PCGS only graded each of them as MS-66. These coins are all snow-
white and as close to perfection as I could find. I really believe that
PCGS has significantly tightened their standards on MS-65/better
business-strike Ike $1's. This month I sent in the best Ikes found
from hundreds of mint sets (sent in based on previous experience
with PCGS) and about 85-90% of these are only coming back as
MS-64. I'm greatly disappointed!!!!! This whole "journey" is a loser
in both terms of time & money.
Question: I've been an authorized PCGS dealer since February 1990
and slabbing raw coins is my primary livelihood. By virtue of looking
through 100's of mint sets and sending in only the very best, aren't
I entitled to make a profit????

georgewashinton

Want to continue my frustration with "slab-city". No way would I
ever send them a bulk submission of large groups of coins. One has
to have INCENTIVE to do this. I have none.
Regarding my whining to my results in the previous message, I
wasn't looking for homerun results, just coins that would satisfy
collectors of lesser means (or willingness to spend.) PCGS has com-
municated several times in the past that they try to grade coins as
high as possible within their parameters (this concerns borderline-
grade coins.) I don't think the MS-64 Ikes coming back would be
out-of-place in MS-65 holders.
In summary, after spending thousands of dollars and scrutinizing
each coin and selling off the reject mint sets at a loss and THEN
learn the whole process was a waste of time (resulting MS-64's),
I'm burned-out, exhausted and don't feel like giving them the usual
business as I have done in the past.

Typetone

GW:

Welcome to the world of trying to make IKEs. I gave up about a year ago. Would recommend giving up and trying something else. Trying what? Almost anything has to be better. Washing cars, flipping pancakes, programming computers, anything. Sorry, but that's the way I see it. One gets lured into the fantasy that you can make a CN IKE in MS67 and earn the big bucks, but it really doesn't happen.

Greg

georgewashinton

Typetone, thanks for the shoulder. I have been slabbing Ikes since
the Fall of 1998 and have made some important coins (though I
don't remember what they looked like) that probably wouldn't grade
as high today apparently. Back then Nick Buzolich was the chief-
grader of modern coins. He was replaced by ??? over a year ago
and I'd like to know who is the current finalizer of Ikes today. I will
certainly ask Sandy Locker of PCGS when I visit their table at the
Long Beach show next week. I'm tired of sucking up my feelings and
not rocking-the -boat in order to maintain the "nice guy" image.
Nope, just can't "let it go", need to air-out my unhappiness (in as
diplomatic way as I can.)
The important coins made way back in 1998? How about the first
MS-67 1972-D Ike & third MS-67 1977-D Ike. Also, from July '99
to May 2000 I made 7 MS-66 1976-P T-1 Ikes and sold them on
Teletrade during that period. I think I know how to grade Ikes.

jcping

GW, things changed too much between 1998 and 2002. In 1998-1999 period, ICG was a threat, but not any more. Many today's graded MS66 Ike could quality MS67 in 1998. Many 1998 graded MS66 Ike could be barely met today's PCGS MS64/65 standard.

The only surprise to me today is the state quarter PCGS grading standards. IMHO, it is still very loose (wondercoin might have different opinion.) Many MS68 coins have contact marks on the primary area. May be that's a good area for submitting business.

keets

hey george-----the tone of your message is that PCGS "owes" you some grades. where the heck do you get that idea from? submitting coins and expecting certain grades just sets yourself up for the attitude you're stuck with. i agree with you on one thing, you're whining.

georgewashinton

hiya Keets:

PCGS "owe" me sumptin? Well, I spent, um ..... let me see .....
over $5000 in fees with them in the merry, merry month of May.
Hmmmm...... I guess I'd have to vote YES (at least a consideration where borderline-grades are concerned.)

keets

unless i'm stupid or naive, it would seem that since there is a third party involved in the handling of submissions, bias is removed. PCGS has no way of knowing you've submitted such a whopping amount. judging by the reaction you illicit to the grades you've received, the system must be working. ahhhh, i'm so relieved to know a grade can't be bought!!regarding you're query as to entitlement of a profit, i really don't think anyone is entitled to anything.

perhaps your mistake here has been a misjudgement of your grading skills. the current presumption is that PCGS is starting to grade a bit stricter, but to miss by 4 points?!? most likely you were hoping. i've got a rather modest submission pending myself. i hope i fare better than you have. i can assure you of one thing, i won't be as dissappointed if the grades i receive aren't favorable. best of luck in the future and i hope you just rest-up and don't give-up!

al h.

georgewashinton

Mr. Keets:

Just want to set the record straight that my disappointment arose from being off on my hopeful grades by a single point (sometimes two) NOT the 4 points(!) you stated in the previous thread. That one point does make ALL the difference in determining whether this endeavor was worth pursuing in terms of time and money. Obviously, I
take this matter very seriously. As per my previous threads, I sorted through hundreds of sets,rolls, etc. and sent in
the best pieces only to have the disappointing results. I'm sure other submitters can relate.


Thanks for wishing me luck in the future and I hope you have more satisfying results with your submission.

coynclecter

Maybe you need to choose a grading service that is fair and consistant. One that brings the highest prices for its grades is nice but one that grades accurately and consistantly might be a less frustrating choice.

DRG

So who graded these coins? I am interested in getting one. I have a 73P MS66 or 74P MS66 I am willing to offer in trade.

supercoin

PCGS has not been as consistent as I'd like lately on moderns. I suspect that's due to the high volume of submissions lately and/or new hires.

And the problem with that, as I mentioned on another thread, is that PCGS essentially is the standard for high-grade moderns. So when they're inconsistent, it's like changing the book after it's written.

braddick

Tad- has it been your obvservation PCGS is now tighter or a bit looser?

supercoin

Both.

keets

hey GW---sorry if i got things confused. you started talking about MS68 and by the middle of your post you were talking about results of MS64, but i see now that the 68's you were hoping for were only the "four best" coins you sent. i wish i had the resources and the stamina to look through the amount you described---i can understand the burnout.

georgewashinton

My final thread on this matter.
Iwant to apologize to anyone offended by my attitude last week (because it certainly was intense and
extreme) and hope this apology puts my input to this matter to rest.
If I have a problem with grading results this forum isn't the proper place to publicize it. Taking the matter
to PCGS privately is the best policy to pursue.

Best regards to all. GW

khayse

I guess it depends on what you're after.

I appreciate your input because it lets me know
what the state of grading is PCGS. Maybe it will
save me grading fees because I will put off submitting
some Ikes (I was thinking of sending a 76-d T2 in for a
regrade in hopes of getting a MS67, now I'll probably wait).

Information sharing is never a bad thing, of course it won't
help you get the grades you're looking for.

Thanks though,
-KHayse