1st Annual 2003 coin price increase contest - FINAL RESULTS ARE IN!!!!!!!!!!!

greghansen · January 1, 2003 5:34AM

This thread will list (and follow throughout the year) the final qualified entries into the 2003 coin price percentage increase contest. Feel free to cheer your selection on if it makes a move in the blue/greysheets. Feel free to chastise the picks of board members if their coin gets hit with a negative sign during the year. Above all, feel free to try to buy enough of your own picks to single handedly move the market in favor of your coin! As I stated on the original thread, I will be contributing a bottle of champagne or other refreshment of the winners choice, not to exceed $100, to the winner of this 'market guru' contest. If the winner makes it to the 2004 FUN show we may have to have a small informal presentation at a local lounge. My thanks also to fellow board member, Wingsrule, who graciously mailed the following to me to add to the winning prize list:

2001-S Lincoln Cent PCGS PR69DCAM
1961 Proof set, brilliant untoned coins, nice set
1963 Proof set, brilliant untoned coins, nice set

If during the course of the year, anyone else feels the charitable need to add to the winning prize list, please post your contributions here so that your generosity is recognized. Without further ado, here's the list:

cladking: 1983-P Washington Quarter Roll: $625

keets: 1928-S Peace Dollar MS64: $785

09sVDB: 1932-D Washington Quarter XF: $135

ARCO: 1901-S Barberf Quarter G: $1,950

MrKelso: 1943 Walker Half PCGS MS67: $625

CarlWohlforth: Seated Liberty Half PR65 (type coin): $2,400

greghansen: $20 St. Gaudens MS65 (type coin): $870

hughesml: 1820 Bust Half Dollar EF: $180

jdimmick: 1909-S VDB MS64 (Red): $1,750

bgman: $10 Gold Indian MS64 (type coin): $860

fantasize: 1901-P Barber Half MS63: $590

wingedliberty: 1916 Standing Liberty Quarter G4: $1,250

catch22: 1908-S Stat Gaudens $20 Gold AU: $1,025

Woodwind: 1899-O Morgan Dollar MS66: $275

OnlyBuffalos: 1917-S Buffalo Nickel AU: $190

Roadrunner: US 40% Circ. Bag Silver: $1,310

Wingsrule: $10 Gold Indian MS65 (Type Coin): $2,400

coinkat: 1892-S Morgan Dollar AU50: $1,250 (he wanted the au55, but no listing for that, I modified to AU50)

zuchini: Texas Centennial Type Commemorative MS66: $165

Loki, there is no MS66 listing in Greysheet for 1950-D Jefferson Nickel, so your candidate is disqualified.
MastaHankey- agreed with jdimmicks choice of the 09-S VDB MS64RD but the choice was already taken. First come, first served, so jdimmick gets the pick

If I made any listing errors, please let me know. Otherwise good luck to all and most of all HAVE FUN COLLECTING!!!

JUST TO SUMMARIZE...THESE WERE THE ORIGINAL CRITERIA FOR ELIGIBLE COINS

1. Specific coin must appear in the CDN Bluesheet or the CDN Weekly or Monthly Greysheet. I will use the values in the last 2002 weekly edition of the Bluesheet and weekly Greysheet, along with the December 2002 monthly greysheet as the starting values. If you submit a coin from the Monthly supplement to the bluesheet I will use the Dec. 2002 edition as the starting value. I will use the 'bid' values for all coins. If you submit a coin that appears in both the greysheet and bluesheet, the greysheet number will be used unless you specifically state at the time of submission that you want the bluesheet figures to be used.

2. Value of the coin (as determined above) must be between $100 and $2,500 on the beginning date of the competition, Jan. 1, 2003. I know this is arbitrary but it keeps out the low end and high end coins. I'd like the focus to be on coins available to most budgets but with good liquidity.

3. End of the measuring period will be the last weekely bluesheet/greysheet of 2003 or the Dec. 2003 Monthly greysheet/bluesheet which contains the coin you submitted.

4. Entry submission cutoff date is Dec. 31, 2002.

5. Winner will receive:
a.) much acclaim, glory and noteriety from his/her fellow forum members,
b.) bragging rights as coin investment guru of 2003,
c.) bottle of champagne ($100 or less please) along with personal congratulations from yours truly!

eagle7 · January 1, 2003 5:49AM

I think that Wingsrule is correct. I would pick that coin to make the largest % jump in 2003.

Wingsrule · January 1, 2003 6:18AM

Greg,

I am humbled by the honorable mention.

Eagle7,

I like you already

Mark

RotatedRainbows · January 1, 2003 6:25AM

If you really want to know which coin will increase the largest precentage you will have to throw out your guidelines because it will be a modern 2003 dated piece like a state quarter which will have a value of 25¢ until somebody puts it in plastic and then depending on the number on the insert will increase in value 1000% - 10,000% or more.

wallstreetman · January 1, 2003 6:55AM

Any U.S. Gold or Platinum Eagle will beat any non Bullion Coin on the list!

wallstreetman · January 1, 2003 7:00AM

If I had to pick one on the list so far, I would have to agree with you(greghansen)!

fantasiize · January 1, 2003 7:48AM

Greg,

Not to move into your contest/prize, when you finalize the list, maybe we could have all of the contest participants choose the top 5 from the list provided from just the participants. We could rank the selections (i.e. 1st place chosen correctly, 10pts, 2nd place 7pts, 3rd place 5pts, 4th place 3pts and 5th place 1pt). Total cumulative points win (tiebreaker could be whichever person's coin ended up with the highest percentage). I could come up with a price for this variation to your contest.

Let me know your thoughts,
Chris

jamesfsm · January 1, 2003 8:56AM

Bust 50C's slabbed AU58, MS63, or MS65

These coins are hard to find now and have already increased quite a bit over the price, say, 6 months ago.

Loki · January 21, 2003 9:28AM

<< <i>Loki, there is no MS66 listing in Greysheet for 1950-D Jefferson Nickel, so your candidate is disqualified. >>

Gee thanks.

Why didn't you modify it to MS65 or something like you did for coinkat?

DHeath · January 21, 2003 9:31AM

Too easy. My guess is the PR70 Dcam 63 Lincoln.

kobrakoins · January 21, 2003 10:38AM

<< <i><<jdimmick: 1909-S VDB MS64 (Red): $1,750>> >>

I`m with him.

KlectorKid · January 21, 2003 11:21AM

Generic Saints MS-65 $869

Cam40 · January 21, 2003 11:35AM

it will be a modern 2003 dated piece like a state quarter which will have a value of 25¢ until somebody puts it in plastic and then depending on the number on the insert will increase in value 1000% - 10,000% or more

True ..But ...1. Specific coin must appear in the CDN Bluesheet or the CDN Weekly or Monthly Greysheet. I will use the values in the last 2002 weekly edition of the Bluesheet and weekly Greysheet, along with the December 2002 monthly greysheet as the starting values

MrKelso · March 11, 2003 8:25PM

Anyone know the current price increase standings?

greghansen · July 7, 2003 9:18PM

Just a brief 'mid year update' on the coin price increase contest. We have 3 board members basically smoking the field at the half way point. The top 3 are:

1. bgmanwith his $10 Gold Indian MS64 Type pick. Price increase from $860 to $1,100 for a 27.9% increase year to date.
2. jdimmick with the 1909-s vdb ms64red. Price increase from $1,750 to $2,200 for a 25.7% increase year to date.
3. MrKelso with the 1943 Walker Half PCGS ms67. Price increase from $625 to $725 for a 24% increase year to date.

On a technical note. One kind hearted board member had sent me a spread sheet with the arithmatic functions already filled in to help keep track of the results during the year. Unfortunately, I had a computer crash problem earlier this year and lost that file. I don't remember the board members name...but if you recognize yourself...PLEASE resend the file. I have Excel on my computer, but don't know how to set it up correctly. I would love to post the whole list with all the standings to date, but before I do all those hand calculations wanted to see if the earlier poster could ease my workload by resending the spreadsheet file. Thanks, and good luck to participants for the 2nd half of the year!

bgman · July 8, 2003 9:29AM

I had forgotten all about this contest. What do you say we just end it know?

Randy

greghansen · December 5, 2003 2:34AM

One month to go in 1st annual 'Coin Investment Guru' contest. Absent a monster move for someone, its boiling down to a 2 man race...although there are five contributors whose coins have appreciated over 30% this year. I am not sure when the last CDN for 2003 will be issued, but the final award will be based on the last weekly/monthly newsletter of 2003 that each participants selection happens to appear in.

Without further ado, the top five selections going into the last month are:

arco: 1901-S Barber Quarter in G condition: Up 53% year to date
mrkelso: 1943 Walker Half PCGS MS67 : Up 47% year to date
wingedliberty: 1916 Standing Liberty Quarter in G condition: Up 36% year to date
keets: 1928-S Peace Dollar MS64: Up 32% year to date
greghansen: $20 St. Gaudens MS65 Type: Up 31% year to date

coinkat · December 5, 2003 10:32AM

Thanks for the update...

greghansen · December 22, 2003 9:11AM

FINAL RESULTS ARE IN!!!!!

The final issue of 2003 CDN Weekly arrived today, and I have plugged all final values into the spreadsheet. The original entries are at the top of the thread. We had 19 valid entries competing during the year. Of the 19 we had 12 which posted over 10% increases during the year. The top three picks all were up over 50% on the year....not bad...especially since one of them was mine! The winner, however, of the 1St Annual Coin Price Increase Contest, is none other than JDIMMICK with his classic pick of 1909-S VDB MS64RD Lincoln Cent. Congraulations to JDIMMICK. He wins a $100 bottle of Champagne (or other beverage of his choice) as well as the following coins kindly contributed by WINGSRULE when this contest was being organized last January.

1. 2001-S Lincoln Cent PCGS PR69DCAM
2. 1961 Proof Set - Brilliant untoned coins, nice set.
3. 1963 Proof Set - Brilliant untoned coins, nice set.

I am already organizing the 2nd Annual (2004) Coin Price Increase Contest. The rules and link for submitting your picks for that contest are here:

2nd Annual Coin % Price Increase Link

The top 5 selections for 2003 are listed below, with a hearty congratulations to all and a big thank you to everyone who chose to participate. It was fun...and now I know who to pay attention to when they are writing about market conditions!!

JDIMMICK 1909-S VDB MS64RD Lincoln Cent. Started @ $1,750. Finished @ $2,760. % gain in 2003 = 57.7
GREGHANSEN $20 Saint MS65 (Type). Started @ $870. Finished @ $1,365. % gain in 2003 = 56.9
ARCO 1901-S Barber Quarter G-4. Started @ $1,950. Finished @ $3,000. % gain in 2003 = 53.8
MRKELSO 1943 Walker MS67. Started @ $625. Finished @ $920. % gain in 2003 = 47.2
BGMAN $10 Indian MS64 (Type). Started @ $860. Finished @ $1,230. % gain in 2003 = 43.0

coinkat · December 22, 2003 10:11AM

Congrats to all the winners and those that participated.

tgilliams · December 30, 2003 11:06PM

well done and very interesting contest. thanks

kranky · December 30, 2003 11:20PM

Congrats to jdimmick on winning a close one! All of the top five picked great winners.

Nice contest, greghansen.

Catch22 · December 30, 2003 11:50PM

How did my 1908-S St. Gaudens do? PCGS has it at 1625 in AU. I pegged it at 1025 in AU at the beginning of the contest.

wallstreetman · December 31, 2003 12:05AM

Hey, I picked Gregs coin also!

wallstreetman · December 31, 2003 12:07AM

Im sure if you searched through the Bullion, I would have won!

wallstreetman · December 31, 2003 12:10AM

Lets see, what did a 2002 1/10 Oz Platinum do?

wallstreetman · December 31, 2003 12:24AM

Just checked, I bought 6 - 2002 $10 PLATINUM PCGS MS69 for $79 each, they are now selling for $140! Anyone interested in purchasing?

BTW, the mintage is 23,000.

wallstreetman · December 31, 2003 12:28AM

Good call JD!

1st Annual 2003 coin price increase contest - FINAL RESULTS ARE IN!!!!!!!!!!!

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