If $16.00 is PCGS economy price

route66 · January 30, 2004 12:30PM

I would assume that paying $20-25 for Lincolns [from the 30's] graded PCGS 66 red is a good deal. I assume that they were looking for a 67 and when they didn't get it, just dumped them. Right or wrong?? Steve

route66 · January 30, 2004 12:32PM

Or is there a cheaper price for bulk, and if so, what is the price and quantity needed to be sent in.??

itsnotjustme · January 30, 2004 12:40PM

I won't specifically comment on MS66RD Lincolns, but the premise in general.

I don't agree. "Missed the grade coins" do not need to sell for a premium over the grading fee. This is seen most closely on moderns and mid-1900s (1940-1960) coins that are not rare in low end uncirculated grades. Many of these sell well below the grading fee. Trick is not to submit coins that are losers!

Sphinx357 · January 30, 2004 12:42PM

$16? Is this after you pay for the $100 subscription or whatever? I signed up on the pcgs site and it said it'd be $30 a coin with a 5coin minimum. Which is hardly worth it.

dbldie55 · January 30, 2004 12:51PM

Signing up for a gold membership is worth it if you use the pop reports. You get 4 free gradings and the report (which add up to $99, using $15 a coin for grading). The best part was it only cost $25 last year.

I have only used free grading with my membership, and let my dealer submit at his reduced rate for everything else.

Sphinx357 · January 30, 2004 12:54PM

Is gold membership for one year? and then you get $16 submissions?

dbldie55 · January 30, 2004 1:10PM

<< <i>Is gold membership for one year? and then you get $16 submissions? >>

Yes that is correct. It is only $1 more than the standard dealer rate.

LincolnCentMan · January 30, 2004 1:52PM

I would assume that paying $20-25 for Lincolns [from the 30's] graded PCGS 66 red is a good deal. I assume that they were looking for a 67 and when they didn't get it, just dumped them. Right or wrong??

Steve,

I'd say that this is currently the case. It'd have to be a hum-dinger for me to submit looking for 67RD right now. My observation is that this is a great time to purchase PCGS 66RD's. I honestly believe that the top ten % of the 66RD's that have been slabbed in the last year and a half or so, are nicer than the bottom 30-40% of 67RD's slabbed over two years ago. I'm more apt to pay strong money if the coins are have the blue label with the bar code on the front. ...not that you have to pay too "strong" to get most post 1933 66RD wheats.

David

route66 · January 31, 2004 12:01AM

Thanks Liancoln Cent Man. I've started buying PCGS 66 reds from 1934-1942. Trying to be a strong bidder on e-bay. I get some, but lose most. I'm kind of looking to hold them until 2008. Smart thinking or stupid??? I just have a strong belief in the Lincoln promotion that will come in 2008-2009. JMHO. Steve

Sphinx357 · January 31, 2004 12:04AM

Lincoln promotion?

If $16.00 is PCGS economy price

Comments

Leave a Comment