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redcents
Posts: 734 ✭
Current Avg. Premium = $9,000/12 = $750. (Average obtained by taking the sum of the bottoms - i.e. if $500-1000 range, $500 will be counted - of the range for each vote divided by the number of votes.)
With the many directions that the Lincoln memorial market has been moving lately, I'd appreciate your opinions on the RELATIVE value of a PCGS MS67RD 1973-D Lincoln (now pop 2) versus a MS69RD 1990-D Lincoln (now also pop 2). Some people feel the earlier dates are deserving of a fairly large premium over the post 1981 zinc dates & some may feel the opposite. What do you think?
Some very & fairly recent examples below of what the "market" thinks certain coins are "worth":
Pop 5 59 67RD $3,630, Pop 3 60SD 67RD $3,630, Pop 2 69 67RD $3,450, Pop 3 92 69RD $1,495
p.s. A commemnt on the absolute relative rarity and in high grade:
73-D Total Graded RD - 148. # greater than 66RD 2
90-D Total Graded RD - 385. # greater than 66RD 264
With the many directions that the Lincoln memorial market has been moving lately, I'd appreciate your opinions on the RELATIVE value of a PCGS MS67RD 1973-D Lincoln (now pop 2) versus a MS69RD 1990-D Lincoln (now also pop 2). Some people feel the earlier dates are deserving of a fairly large premium over the post 1981 zinc dates & some may feel the opposite. What do you think?
Some very & fairly recent examples below of what the "market" thinks certain coins are "worth":
Pop 5 59 67RD $3,630, Pop 3 60SD 67RD $3,630, Pop 2 69 67RD $3,450, Pop 3 92 69RD $1,495
p.s. A commemnt on the absolute relative rarity and in high grade:
73-D Total Graded RD - 148. # greater than 66RD 2
90-D Total Graded RD - 385. # greater than 66RD 264
0
Comments
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
Registry 1909-1958 Proof Lincolns
What makes you assume the 73-D MS67 should command a premium over the 1990-D MS69 . I would think that the 90-D would command the premium over the 73-D and before you tell me I dont know what I am talking about check out the # 14 all time finest set Chesapeake Bay Collection. When I was doing this set most of the 1970's coins were POP 10 or less and most were POP 5 or less as I look at the POP's now most have doubled and tripled the 1994-D MS69 is still a POP 1 coin and would command a great price probabaly double what I sold it for which was a record for an MS69 at that time and I was extremely happy with the selling price. So I would vote at least a 25% premium for the 90-D.
PCGS THE ONLY WAY TO GO
Ed
You bring up a few good points but we're talking about a pop 2 vs a pop 2. Ask around how many have tried to 7 a 73-D and failed. It's not nearly as easy as you might lead some to beleive. I'm NOT saying the same might not be true of the 90-D in 9.
The thrust of the thread though was to explain in light of the recent sales linked in the main title thread, what an appropriate premium WOULD be. I didn't set the prices in the linked item's - the "market" did.
"Your message board conversation with Roger is interesting. You should pose this question: Two years from now, will there be more 1973D ms67’s will there be than 1990D ms69’s? Certainly, the pop of the 1973D should exceed the pop of the 1990D by least a dozen or more. Case closed!!! "
This was eacatly my point!
For any dealer to blatantly ignore (or withold their opinion as to) the probability of future potential pop increases in their pricing AND to spout the current pop as THE key selling point (much like what was done TO ME for the better part of the first half of this year) without offering an opinion about or discussion of - as you have so graciously shared with us here - (by virtue of their significant expertise in the area) their REAL & TRUE OPINION OF WHERE THEY THINK THE POPS ARE GOING TO BE DOWN THE ROAD IS IN FACT (BY THEIR IGNORANCE OR OMMISSIONS) A LIAR & A THEIF - "CASE CLOSED!!!!" & THANK YOU VERY MUCH!
p.s. Why is it that no one that EVER sold me a low pop top pop Lincoln Memorial EVER told me that they thought a particular pop would go up - as you put it - AT LEAST SEVENFOLD in just the next 2 years - i.e. from the current 2 to AT LEAT 14 assuming the pop of the 90-D doesn't move & even higher if does
Wait a minute weren't you the guy selling pop 1 proof 70 Lincoln's at outrageous prices and now you think an ms67 Lincoln is the end all? You are a moving target with your opinions on coins and you constantly contradict yourself.
You're right. I do edit alot but just to usually clean up the typos, wording, grammar, spelling, and to better explain the concept I first "jotted" down. I probably should type it all up in a word processor - e.g. - and go thru a few drafts if it's a big topic, before posting it. Sorry
"Wait a minute weren't you the guy selling pop 1 proof 70 Lincoln's at outrageous prices and now you think an ms67 Lincoln is the end all? You are a moving target with your opinions on coins and you constantly contradict yourself."
Where exactly is the contradiction?
Yes I was (but I disagree as to the "outrageous" - especially since I sold for just a little less than the opening asking price), but again, that was based on PAST prices realized for similar pop coins (& that's all I had to go on) & I was still only asking MORE THAN 85% less than "that" one that went for 39k
AS for the "67", again, I'm just trying to get people to rationalize why IF the sales I linked to were actual free-market transactions (with the substantially higher prices on the early 3 by more than 125% in EACH instance) why would the "market" not put a premium on the 73-D as well relative to another later date 69.
I enjoy you making me have respond in a more concise & specific way though
p.s. If you agree with that "expert" that the 73-D will be AT LEAST pop 14 2 years from now, what do you honestly think that the 90-D pop will be 2 years from now as well. And for that given pop, what do you think it will be worth at that time.
Leading expert in the field of Memorial cents - you've got to be kidding me
Wondercoin
P.S. Let's settle this the only rational way - send me both coins and I'll post them each to ebay NO RESERVE with my honest descriptions. All net sales proceeds go to the owners and you can each bid on each others coins that way as well. May the better coin go for the most money
Mitch,
Now if you only made me an offer I couldn't refuse - LOL
RELLA
who boasts of twenty years experience in his craft
while in fact he has had only one year of experience...
twenty times.
Mark: Why "think" - you should be proud of it.
Roger B - I had every intention to "make you an offer you couldn't refuse" if I ran into you again, but, we missed each other. So, instead, I made Roger A. an "offer he couldn't refuse"
Wondercoin
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"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter