Thinking of selling this early numbered ultra rare white label PCGS rattler.

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oreville
oreville Posts: 12,412 ✭✭✭✭✭

This is a PCGS 1.0?

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  • RedRocket
    RedRocket Posts: 1,944 ✭✭✭✭✭
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    Money comes and goes, but once your rare slab is gone, it's gone.
    I suggest you keep it.

  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    I have a few of them. I bought them over 13 years ago.

    A Collectors Universe poster since 1997!
  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    If the market is heated up for them as recent threads imply, I would cash out.

  • MEJ7070
    MEJ7070 Posts: 958 ✭✭✭✭✭
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    You thinking Great Collections?

    Just curious. They seem to be getting great results with these.

    Have enjoyed seeing all the cool early holders you’ve shared here! You’ve certainly assembled an impressive collection of them.

    Best of luck with this one if you decide to sell it.

  • Mark
    Mark Posts: 3,645 ✭✭✭✭✭
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    @oreville Why are you selling this particular slab? The least interesting coin?

    Mark


  • oih82w8
    oih82w8 Posts: 13,212 ✭✭✭✭✭
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    Cha-ching!

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  • BruceS
    BruceS Posts: 1,556 ✭✭✭✭✭
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    If you do let us know! Love that slab.

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  • SimonW
    SimonW Posts: 1,588 ✭✭✭✭✭
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    They sell well, not a bad idea, and yes, it’s the 1.0

    I'm BACK!!! Used to be Billet7 on the old forum.

  • MetroD
    MetroD Posts: 2,571 ✭✭✭✭✭
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    @oreville said:

    This is a PCGS 1.0?

    Based on the shape of the "5", it appears to be a PCGS Museum GEN 1.0.

    Your Holder:

    Source: The OP of this thread.

    PCGS GEN 1.0

    Source: https://www.pcgs.com/holdermuseum/Gen1.0

    PCGS GEN 1.1

    Source: https://www.pcgs.com/holdermuseum/Gen1.1

  • PKing
    PKing Posts: 46 ✭✭✭
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    Sell sell sell

    May the wind always be at your back and the road rise to meet you
  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    Hey welcome back Billet7!

    Where have you been?

    A Collectors Universe poster since 1997!
  • Batman23
    Batman23 Posts: 5,494 ✭✭✭✭✭
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    @oreville said:
    I actually forgot I bought this for $364.25 on 1/20/2013 from Heritage,

    Neat serial number. Save yourself all the hassle and send it to me, I'll double your money!

    Seriously though, neat old holder. I expect you would do well at auction. As you are aware, these have been selling for obscene money.

  • messydesk
    messydesk Posts: 20,829 ✭✭✭✭✭
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    At least the plastic and labels aren't holding a really cool coin hostage. Take your Obscene Profit™ while you can.

  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    @Mark said:
    @oreville Why are you selling this particular slab? The least interesting coin?

    Actually, the reason I bought it in 2013 was because of the CAC gold sticker. I did not realize it was a PCGS 1.0 ultra rare and earliest generation rattler at the time. I totally forgot about it until I viewed my Heritage “collection.”

    I am sure I never sold it before as I treasured the gold stickered PCGS slabs. I was in shock when I saw it.

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  • cinque1543
    cinque1543 Posts: 618 ✭✭✭✭
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    @oreville said:

    I was curious so I looked up the PCGS cert number. I thought it might show the date that the coin was slabbed. But it doesn't, so I guess PCGS does not share this information. In what year, roughly, do you think this nickel was slabbed?

  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    @cinque1543 said:

    @oreville said:

    I was curious so I looked up the PCGS cert number. I thought it might show the date that the coin was slabbed. But it doesn't, so I guess PCGS does not share this information. In what year, roughly, do you think this nickel was slabbed?

    Febuary 1986.

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  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    @cinque1543 said:
    I was curious so I looked up the PCGS cert number. I thought it might show the date that the coin was slabbed. But it doesn't, so I guess PCGS does not share this information. In what year, roughly, do you think this nickel was slabbed?

    It was used for only one month: PCGS's first month of operation which as Oreville says in February 1986.

  • MetroD
    MetroD Posts: 2,571 ✭✭✭✭✭
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    @cinque1543

    Re: when the coin was slabbed.

    According to the PCGS Museum of Coin Holders, the GEN 1.0 Holder (Early FEB-1986):

    Source: https://www.pcgs.com/holdermuseum/Gen1.0

    And, according to OldSlabHolders.com:

    Source: https://oldslabholders.com/pcgs-slab-generations

  • CivilWarBuff
    Options

    Hard to believe we are discussing rarity of a plastic slab produced in 1986 by our hosts as opposed to this being the venue for discussion regarding the U.S. Coin Forum. Thinking maybe its time that our hosts insert another option to discuss primarily Old Holders Discussions.

  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    @oreville Great Collections has a common date Morgan in a MS64 holder over $5k right now. According to the description, PCGS was believed to start numbering at 1080001. By GC's logic, your coin is likely one of the first thousand coins graded by PCGS.

  • Harlequin
    Harlequin Posts: 244 ✭✭✭
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    Such a cool coin !!! I only recently learned of these older white labels and I absolutely love them !!! Let us know if it goes to auction as I would gladly be a happy bidder !!! 😎

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  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    A Collectors Universe poster since 1997!
  • SimonW
    SimonW Posts: 1,588 ✭✭✭✭✭
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    @oreville said:

    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    Hey welcome back Billet7!

    Where have you been?

    Some unfortunate turns of events caused me to sell everything (wife abruptly left.) It was really hard on me, took me a few years to get back at it. Sadly, I sold all my old holder collection, including all the white tags, slabs, doilies, rattlers, etc. I now own one Doily, as a memento. I can’t pay what people are asking for those anymore (especially the white tags…wow! Wish I had those back.)

    I'm BACK!!! Used to be Billet7 on the old forum.

  • davewesen
    davewesen Posts: 6,985 ✭✭✭✭✭
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    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    I am not an accountant and do not know your state law, but would it be possible to do a 1031 exchange and buy some coins you like more now?

  • logger7
    logger7 Posts: 9,870 ✭✭✭✭✭
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    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    Taxes would be might last concern; if you can get crazy money, get that and talk to your accountant on the best tax minimization strategy. Considering what similar issues have sold for in the right auction, I'd strike while the iron is hot.

  • coinbuf
    coinbuf Posts: 12,577 ✭✭✭✭✭
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    Cool slab and these are very much in demand so I'm sure it would do well in an auction.

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  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

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  • SimonW
    SimonW Posts: 1,588 ✭✭✭✭✭
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    @PerryHall said:
    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

    Last I checked the auction record for a white 1.0 was just less than $5k, the auction record for an NGC black is over $17k. Blacks are more rare.

    Regency PCGS are in the $5k ballpark also.

    Oreville’s slab with a gold sticker would garner a lot of attention.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • coinbuf
    coinbuf Posts: 12,577 ✭✭✭✭✭
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    @SimonW said:

    @PerryHall said:
    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

    Last I checked the auction record for a white 1.0 was just less than $5k, the auction record for an NGC black is over $17k. Blacks are more rare.

    Regency PCGS are in the $5k ballpark also.

    Oreville’s slab with a gold sticker would garner a lot of attention.

    Your info is a bit outdated, the last PCGS 1.0 sold last Sunday at GC for almost 34K. Here is the thread on that coin. https://forums.collectors.com/discussion/1125690/another-pcgs-white-label-gc-auction-ended-9-20#latest

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  • 78saen
    78saen Posts: 1,015 ✭✭✭✭✭
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    @SimonW said:

    @PerryHall said:
    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

    Last I checked the auction record for a white 1.0 was just less than $5k, the auction record for an NGC black is over $17k. Blacks are more rare.

    Regency PCGS are in the $5k ballpark also.

    Oreville’s slab with a gold sticker would garner a lot of attention.

  • lermish
    lermish Posts: 5,019 ✭✭✭✭✭
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    @davewesen said:

    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    I am not an accountant and do not know your state law, but would it be possible to do a 1031 exchange and buy some coins you like more now?

    Oreville IS an accountant. He has also made comments in the past that coins no longer qualify for tax-deferred exchanges anymore.

    chopmarkedtradedollars.com

  • SimonW
    SimonW Posts: 1,588 ✭✭✭✭✭
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    @coinbuf said:

    @SimonW said:

    @PerryHall said:
    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

    Last I checked the auction record for a white 1.0 was just less than $5k, the auction record for an NGC black is over $17k. Blacks are more rare.

    Regency PCGS are in the $5k ballpark also.

    Oreville’s slab with a gold sticker would garner a lot of attention.

    Your info is a bit outdated, the last PCGS 1.0 sold last Sunday at GC for almost 34K. Here is the thread on that coin. https://forums.collectors.com/discussion/1125690/another-pcgs-white-label-gc-auction-ended-9-20#latest

    Is that because it was the earliest slab still in existence? I remember something about that. I didn’t include it, since it’s an outlier.

    My data is out of date though.

    I'm BACK!!! Used to be Billet7 on the old forum.

  • Morgan13
    Morgan13 Posts: 2,697 ✭✭✭✭✭
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    If it were me I would strike while the iron is hot.

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  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    Should we start addressing you as señor Oreville?

  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    Too bad they killed the like kind exchange except for real estate.

  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    @SimonW said:

    @oreville said:

    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    @SimonW said:
    They sell well, not a bad idea, and yes, it’s the 1.0

    Hey welcome back Billet7!

    Where have you been?

    Some unfortunate turns of events caused me to sell everything (wife abruptly left.) It was really hard on me, took me a few years to get back at it. Sadly, I sold all my old holder collection, including all the white tags, slabs, doilies, rattlers, etc. I now own one Doily, as a memento. I can’t pay what people are asking for those anymore (especially the white tags…wow! Wish I had those back.)

    I recall how you were an early fan of these old slabs. You still have your memories as well as your reputation with us old timers.

    A Collectors Universe poster since 1997!
  • Lakesammman
    Lakesammman Posts: 17,698 ✭✭✭✭✭
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    I remember when you and I bought those in the HA sale.

    Could use it for my white rattler grading set - I have a MS64 and MS66. How much?? :wink:

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  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    @Lakesammman said:
    I remember when you and I bought those in the HA sale.

    Could use it for my white rattler grading set - I have a MS64 and MS66. How much?? :wink:

  • Lakesammman
    Lakesammman Posts: 17,698 ✭✭✭✭✭
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    Forgot to mention, mine are also 1938-D Buff's but with only a green CAC on each.

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  • coinbuf
    coinbuf Posts: 12,577 ✭✭✭✭✭
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    @SimonW said:

    @coinbuf said:

    @SimonW said:

    @PerryHall said:
    How does the value of these first-generation PCGS rattler slabs compare to the first-generation black NGC slabs?

    Last I checked the auction record for a white 1.0 was just less than $5k, the auction record for an NGC black is over $17k. Blacks are more rare.

    Regency PCGS are in the $5k ballpark also.

    Oreville’s slab with a gold sticker would garner a lot of attention.

    Your info is a bit outdated, the last PCGS 1.0 sold last Sunday at GC for almost 34K. Here is the thread on that coin. https://forums.collectors.com/discussion/1125690/another-pcgs-white-label-gc-auction-ended-9-20#latest

    Is that because it was the earliest slab still in existence? I remember something about that. I didn’t include it, since it’s an outlier.

    My data is out of date though.

    The very early slab number was certainly a factor in the final hammer, how much only the bidders would be able to say. But other early cert numbered holders like the one in the op would likely see a value bump from this recent result even if it is somewhat of an outlier.

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  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    This is another 1938-D buffalo nickel in PCGS MS-65 rattler with a gold sticker I bought at the Heritage sale in January 2013. It set me back for all of $123.00 back then. There are even more gold stickered buffalo nuckels I bought back in 2013. Some were under $100.00.

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  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    You cannot edit postings!

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  • Gothat3rs
    Gothat3rs Posts: 347 ✭✭✭
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    If you devide to sell or send to auction let us know

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  • oreville
    oreville Posts: 12,412 ✭✭✭✭✭
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    @davewesen said:

    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    I am not an accountant and do not know your state law, but would it be possible to do a 1031 exchange and buy some coins you like more now?

    Up to 2012 (not sure of the exact year), section 1031 exchange was allowed but afterwards US Congress changed the law no longer permitting any like kind exchange except for real estate.

    A Collectors Universe poster since 1997!
  • cameonut2011
    cameonut2011 Posts: 10,910 ✭✭✭✭✭
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    @oreville said:

    @davewesen said:

    @oreville said:
    I am hesitant in selling this rare slabbed nickel as i would have to pay a huge 28% capital gains tax unless I first relocate to Puerto Rico.

    I am not an accountant and do not know your state law, but would it be possible to do a 1031 exchange and buy some coins you like more now?

    Up to 2012 (not sure of the exact year), section 1031 exchange was allowed but afterwards US Congress changed the law no longer permitting any like kind exchange except for real estate.

    Donnie and the gang destroyed it in 2017 with the Tax Cut and Jobs Act.

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