Options
Why does the 1926 Sesqui commem bring so much in MS 65?
BigE
Posts: 6,949 ✭✭✭
It has a pop of over 160 in 65 and 8 or so higher. There are plenty of other early commems that have lower pops and sell for way less!----------BigE
I'm glad I am a Tree
0
Comments
In fact, the quality of coins is a continuum. The number on the plastic is significantly driving the price.
Unless you are looking for one of the finest few known, you should look for a PQ 64 specimen.
(Edited to add - BigE - in terms of MS65 population, as a type coin I believe the Sesqui is the lowest)
I dare say that the Blue Sheets bids would be lower if it were not for the collectors who want a top graded coin for their registry sets.
Of those nine, four are Arkansas's which are often collected by type, rather than date. Three of the others are Washington Carver's, which are also often collected for type. Out of respect for certain forum members, I wont comment on the ugliness of the issues I just mentioned.
That leaves the Grant Star and Missouri, each of which has counterparts (those being the Grant and Missouri 2X4).
The Sesqui (MS 65 PCGS pop. of 161) bids at $4100 on (my October 3) CDN, while the Grant Star (MS65 PCGS pop. of 128) lists at $5900 and the Missouri (MS65 PCGS pop. of 152), $4400.
Sure, there are other factors that can be taken into account, such as popularity, populations and prices for both lower and higher grade examples, etc. But, I think the scarcity of the Sesqui easily justifies its price, relative to other issues in the series.
That reminds me of one of my favorite tabloid headlines---
COIN DEALER'S BODY FOUND IN LANDFILL -- PUT BACK
And BigE--
Don't encourage him. He needs rest. Plenty of rest.
Clankeye
bruce scher
A very funny comment... glad I am not a coin dealer...
Experience the World through Numismatics...it's more than you can imagine.
Clankeye