Another record set for 108 rattler holder - almost 35k!
An incredible result tonight at GC- a first gen (1.0) rattler (with the 108 cert) sold for almost $35k! That is the most I have seen for a half dollar and is the third highest result on GC behind the 17th slabbed coin (Morgan) and a gold CAC Double Eagle.
Comments
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I hope the winning bidder doesn’t drop the holder and crack it.
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Insanity.
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That’s a high price for such a small piece of printed paper.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
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Wow, $25 for the half and $34,950 for the holder. Now I get the big money spent on the first generation Apple computers and things like that, even though they have no functionality today, but this is extreme paying for the wrapper.
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People be crazy....
Trade $'s1 -
@coastaljerseyguy said:
Wow, $25 for the half and $34,950 for the holder. Now I get the big money spent on the first generation Apple computers and things like that, even though they have no functionality today, but this is extreme paying for the wrapper.I think it was buy the holder and get the coin free.
All comments reflect the opinion of the author, even when irrefutably accurate.
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To think I had a couple of these about 10 years ago and was happy to get 2-3x what the coin was worth. They were purchased from large dealer auctions at that. Talk about a parabolic increase in price. These somewhat went under the radar with the rest of the rattlers back then.
Collector of Original Early Gold with beginnings in Proof Morgan collecting.0 -
There are people out there with money to literally burn. This is nothing but pocket change for high rollers!
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I dont get it at all.
Student of numismatics and collector of Morgan dollars
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JWP PROMETHIUS881 -
I wonder if this is a fad. Congrats to the seller! Hard to tell what the future holds for such rare PLASTIC!
The court jester does not play, but gently pulls the strings…
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Apparently the purchaser hasn’t gleaned any knowledge from this forum and didn’t know you always purchase the coin and NOT THE HOLDER! Sheeesh……lol 😂
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Unbelievable
I never liked rattlers and amazed they spend that kind of money on them.
Got rid of any had decades ago.
Just think what that would buy in MS70 CACG 1oz Gold Eagles.
Investor1 -
I kinda get why people go after these (although not necessarily to the tune of 500x the value of the coin).
What I don’t get is why the TPG stuff that predates 108 rattlers and NGC black holders don’t get a little more love.
I know it’s all collectible…….but some of the first/earliest TPG photograde certificates can be had for 3% of this hammer price. That I don’t really get if we’re collecting the history of TPGs.
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It’s probably all fun money to the buyer so I totally get it. Some people buy mochas in the morning and some people buy 108s in the evening.
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I dunno. 35K is a lot of money, but can you really think of something else you would rather have at that price? Really? Show me.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.2 -
@MrEureka said:
I dunno. 35K is a lot of money, but can you really think of something else you would rather have at that price? Really? Show me.A few R-7 patterns, some great CAR coins or a few hundred pounds of the best Dog food!
Sunshine Rare Coins
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People with money to burn/waste, no
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@MEJ7070 said:
I kinda get why people go after these (although not necessarily to the tune of 500x the value of the coin).What I don’t get is why the TPG stuff that predates 108 rattlers and NGC black holders don’t get a little more love.
I know it’s all collectible…….but some of the first/earliest TPG photograde certificates can be had for 3% of this hammer price. That I don’t really get if we’re collecting the history of TPGs.
It’s a brand thing-PCGS and NGC are the best known with the most popularity so they bring more money even if an Anacs photo cert is older.
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This thread made me go through some of my old slabs and lo and behold. I found this which was simply randomly with some other late date mercs.
SAMSON11 -
There's a sucker born every minute.
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@Scipio said:
This thread made me go through some of my old slabs and lo and behold. I found this which was simply randomly with some other late date mercs.Awesome. Congrats on the “find”.
Similarly, I had no idea what’s been going on with Michael Jordan basketball cards until my buddy mentioned something the other day.
Treasure hunting myself since then has been a lot of fun.
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35k can get you so many cool coins. A chain cent, 1796 small eagle quarter. I can’t imagine taking my 35k and buying an old piece of plastic encapsulating a common coin.
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@CoinPhysicist said:
35k can get you so many cool coins. A chain cent, 1796 small eagle quarter. I can’t imagine taking my 35k and buying an old piece of plastic encapsulating a common coin.I, like 99% of the population, can't imagine spending 35k on a chain cent.
All comments reflect the opinion of the author, even when irrefutably accurate.
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And at least one other person was willing to buy it at near that price...Now thats even more crazy.
WS
Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.1 -
Bizarre.
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Is that generation one? I think the paper insert is different. Which would negate a lot of the price
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@tradedollarnut said:
Is that generation one? I think the paper insert is different. Which would negate a lot of the priceThe # is higher than the one showing in the 1.1 pop (#2378). Concur with your conclusion.
“The thrill of the hunt never gets old”
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I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.
The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
SAMSON0 -
@EliteCollection Were you the buyer?
Seated Half Society member #38
"She comes out of the sun in a silk dress,
running like a water color in the rain...."0 -
@Scipio said:
I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
Distinctly not a white label
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Dang - guess I sold this one too cheap!
Gone but not forgotten: IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Ricko, Big Moose, Cardinal, CoinsAreFun.3 -
Mine’s a much higher number so not super expensive (I gave $1900 for it….ugh), but still a 108…….
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The Gen 1.0 & 1.1 holders have white labels that are unribbed. They begin with “108” but some 1.2’s also do. Those are green labels with ribbed stock. The 1.0, 1.1 & 1.2 labels are all perforated. All 3 have the 4 alignment pins on the lower half of the holder. The 1.2 is a two piece slab.
“The thrill of the hunt never gets old”
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Bust CapsRetired sets: Soaring Eagles
Copperindian
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@jmlanzaf said:
@CoinPhysicist said:
35k can get you so many cool coins. A chain cent, 1796 small eagle quarter. I can’t imagine taking my 35k and buying an old piece of plastic encapsulating a common coin.I, like 99% of the population, can't imagine spending 35k on a chain cent.
I'd agree with that.
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Really don't understand putting a premium on the 108**** holders that are clearly NOT white label. But have fun with your coins
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 700
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@illini420 said:
Really don't understand putting a premium on the 108**** holders that are clearly NOT white label. But have fun with your coinsWhile they clearly aren’t the coveted white label signifying the actual beginning, it’s still neat (in my opinion) to have a holder that was near the beginning of PCGS holder history. Now there’s over 45 million PCGS graded coins, bills, currency and other graded items out there and even these higher numbered 108’s will only become more scarce and cherished …. As the years go on and unknowing collectors crack the coins out for crossovers, upgrades, album fillers etc., they will only become more desirable….and costly. cheers, karl 😉
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I can respond. I love my three trifecta mint state $20 Saints in the NGC 1.0 black slabs (one with gold CAC sticker, one with green CAC sticker and the last one a switched inferior coin in the cleverly slit apart slab) , i think they are better than the less obvious PCGS 1.0 white label rattler. Oh, I have a couple of them too but they never excited me as much.
Of course i never paid more than $2000 for each of these vintage slabs. I never thought they would sell for more than $20:000 each.
A Collectors Universe poster since 1997!1 -
@Scipio said:
I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
Your PCGS 1083820 is a Gen 1.2, which has a light green, ribbed paper label; not a smooth, white paper label.
This website is very informative: https://oldslabholders.com/pcgs-slab-generations
Still a great find nonetheless. And if sold at auction, you could expect to get around $500, even holding a common Mercury.2 -
And for those interested, there are two more PCGS White Label holders at auction at GC: a Gen 1.1 Lincoln cent and another Gen 1.0 proof Franklin, and this one is a higher grade. The bids on both are currently well below $35K, so get your bids in now.
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@bammbamm said:
@Scipio said:
I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
Your PCGS 1083820 is a Gen 1.2, which has a light green, ribbed paper label; not a smooth, white paper label.
This website is very informative: https://oldslabholders.com/pcgs-slab-generations
Still a great find nonetheless. And if sold at auction, you could expect to get around $500, even holding a common Mercury.That's cheap, we just sold a 108 Gen 1.2 Commem for $1500 to a dealer. I think the minimum base price of any 108 is at LEAST $1300 nowadays
Collector of Capped Bust Halves, SLQ's, Commems, and random cool stuff! @davidv_numismatics on Instagram
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I've posted this elsewhere a while ago but it's worth repeating.
The reason you see so many common coins in white rattlers is because PCGS offered free reholdering of coins held by customers of David Hall Numismatic Investment Group.
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@Lakesammman said:
I've posted this elsewhere a while ago but it's worth repeating.The reason you see so many common coins in white rattlers is because PCGS offered free reholdering of coins held by customers of David Hall Numismatic Investment Group.
Interesting. This would make sense. The upside in value wasn't there for a common coin either.
And I would add that the reason a number of previously unknown Gen 1.0 and 1.1 White Rattlers and 108 cert Gen 1.2's containing gold coins have appeared in the past year and a half is because of the sharp increase the price of gold bullion. Old holders containing generic gold coins, which had been residing in SDB's for decades, were being pulled out and sold when gold reached $3,000, $4,000, and $5,000. I was lucky to acquire a Gen 1.1 with a $10 Indian and a 108 cert with a $5 Indian because of this. I just missed out on a Gen 1.1 with a $20 Liberty, because someone else scooped it up before I had the chance.
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@Davidk7 said:
@bammbamm said:
@Scipio said:
I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
Your PCGS 1083820 is a Gen 1.2, which has a light green, ribbed paper label; not a smooth, white paper label.
This website is very informative: https://oldslabholders.com/pcgs-slab-generations
Still a great find nonetheless. And if sold at auction, you could expect to get around $500, even holding a common Mercury.That's cheap, we just sold a 108 Gen 1.2 Commem for $1500 to a dealer. I think the minimum base price of any 108 is at LEAST $1300 nowadays
Either I've been ignorant in the past, or those have shot up in price the past couple years. $1,300 base is crazy talk!!
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
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JRCS #16060 -
@jacrispies said:
@Davidk7 said:
@bammbamm said:
@Scipio said:
I think it is generation 1.1 though not 1.0 based on the 108 prefix. As far as I can determine from my research, all of the 108 slabs are generation 1.1 or 1.0 and this number may be a new highest certified 1,1 ? I do not think it is a 1.2 based on the color and the lack of ribs on the label.The old slab web site says
Generation 1.1 - Very Rare.
Produced for about a week in Feb 1986. This white label features an improved quality dot matrix print. Approx 1400 were originally slabbed with the highest know cert # being 1082378. Current census figures put the number of survivors known at 56.
Your PCGS 1083820 is a Gen 1.2, which has a light green, ribbed paper label; not a smooth, white paper label.
This website is very informative: https://oldslabholders.com/pcgs-slab-generations
Still a great find nonetheless. And if sold at auction, you could expect to get around $500, even holding a common Mercury.That's cheap, we just sold a 108 Gen 1.2 Commem for $1500 to a dealer. I think the minimum base price of any 108 is at LEAST $1300 nowadays
Either I've been ignorant in the past, or those have shot up in price the past couple years. $1,300 base is crazy talk!!
Check ebay sold comps!
Collector of Capped Bust Halves, SLQ's, Commems, and random cool stuff! @davidv_numismatics on Instagram
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Dear Lord!!
That’s A LOT for a paper insert!!
Someone with deep pockets just having fun, I’d suspect…
For an ‘Average Joe’, one should be VERY concerned about the long term viability and sustainability of this particular niche market.
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