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Why are the recent issues of ATBs graded by PCGS as scarce as hen's teeth?

jmski52jmski52 Posts: 23,283 ✭✭✭✭✭
edited May 1, 2020 5:54AM in U.S. Coin Forum

Yes, I know that there aren't very many collectors of the graded coins, but it seems that recently, nobody is getting the regular finish coins graded at all. For example, the most recent issue - the American Samoa piece, is already listed at $399 on ebay by only a single seller.

Kinda defeats the whole purpose of making a collection of graded coins when the newest issues aren't supported by the major dealers.

Does anyone else see this the same way?

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I knew it would happen.

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I have noticed that as well..... The more I look at my American Samoa W with the Privy mark, the more I am thinking I may send it in.....Usually do not send in these modern coins, but this one is very nice. Will think about it...It would be for preservation, and I can do that myself...Will see if I am curious enough about the 'authoritative' grade... :D;) Cheers, RickO

  • derrybderryb Posts: 37,704 ✭✭✭✭✭

    @ricko said:
    I have noticed that as well..... The more I look at my American Samoa W with the Privy mark, the more I am thinking I may send it in.....Usually do not send in these modern coins, but this one is very nice. Will think about it...It would be for preservation, and I can do that myself...Will see if I am curious enough about the 'authoritative' grade... :D;) Cheers, RickO

    Our host is tough on these grades, buy a graded one.

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @derryb....Good advice, and certainly likely to do that....Cheers, RickO

  • winestevenwinesteven Posts: 4,975 ✭✭✭✭✭
    edited May 2, 2020 7:12AM

    Be aware that ModernCoinMart has now posted these for $199, both on eBay and on their website, with a Mercanti "signature", MS69, First Strike, but NOT DMPL, and also NOT PL.

    A day without fine wine and working on your coin collection is like a day without sunshine!!!

    My collecting “Pride & Joy” is my PCGS Registry Dansco 7070 Set:
    https://www.pcgs.com/setregistry/type-sets/design-type-sets/complete-dansco-7070-modified-type-set-1796-date/publishedset/213996

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