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PCGS price guide is a sea of green for memorial cents.
cladking
Posts: 28,454 ✭✭✭✭✭
Is it mostly catch up or are these new increases?
Ikes are also pretty green.
Ikes are also pretty green.
Tempus fugit.
0
cladking
Posts: 28,454 ✭✭✭✭✭
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from the 1970's just keep advancing and it's most extreme in the lower
grades of MS-63 and MS-64. You can find rolls of these coins but it's not
easy to find attractive examples. The higher grades are up too but the
percentage gains aren't as great.
Here's a link.
-David
<< <i>You think they are going up in anticipation of 2009? >>
Some of it may just be catch-up. A lot of these coins are much tougher than people think
but since so few were looking there was no shortage. There still is no real shortage but
with so many people recognizing how tough they are and in the face of rising demand the
guides just need to catch up with the real world.
It's easy to put together an unc set of memorials and the price is very low. If you buy one
of these sets there will be quite a few nice coins, a few gems, and plenty of dogs. This makes
people think that gem sets are easy but what you don't see is that it tends to always be the
same dates that are dogs and a lot of those nice coins will have some fairly significant problems
if you give them a close look. Gems are usually of the same relatively few dates. Just finding
some of these issues without carbon spots is getting VERY tough. All the mint set '68 cents now
have spots and 95% are just ugly because of it. Roll coins are usually poorly made and they
tend to have corrosion problems as well. Similar problems are becoming common with some of
the dates in the '80's with the '84-D being the worst. The late '70's issues are almost alway
covered in scratches and the '82 to '85 issues tend to usually have surface problems. Many
dates are poorly struck as well.
Cents were set aside in fairly significant numbers but the incidence of even choice pieces can be
low. Dates from the mid-'70's tend to be easiest in unc but this is the beginning of the time that
most coins are scratched and otherwise banged up.
Part of it is that collectors are tyaking a closer look at these in anticipation of increased interest
for the 100 year anniversary and part is catch up. They're probably feeding one another.
I guess none of these cents is a legacy cent and none will ever be of interest
to anyone but they just keep going up. Maybe it's because everyone wants a
set of coins that can never grow old and never appeal to collectors.
<< <i>Ho hum, just another round of large increases.
I guess none of these cents is a legacy cent and none will ever be of interest
to anyone but they just keep going up. Maybe it's because everyone wants a
set of coins that can never grow old and never appeal to collectors. >>
That's terrific news, maybe eventually some of those green numbers will be higher than the cost of certification.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
<< <i>
<< <i>Ho hum, just another round of large increases.
I guess none of these cents is a legacy cent and none will ever be of interest
to anyone but they just keep going up. Maybe it's because everyone wants a
set of coins that can never grow old and never appeal to collectors. >>
That's terrific news, maybe eventually some of those green numbers will be higher than the cost of certification.
Sean Reynolds >>
Yeah, a lot of the green and the huge percentage increases are in the
lower grades and it's still prohibitively costly to slab them.
But it probably still is somewhat significant because it will encourage more
submissions if the losses on the misses aren't as great. The higher prices
will be translated into the real world more directly as well probably.
Perhaps most importantly though is that it highlights that many of these
coins that are percieved to be hopelessly common are much tougher than
anyone suspected. I've said for years that the Lincolns are extremely com-
mon and are the ONLY moderns set aside in significant numbers but most
are not attractive. Many dates are usually spotted and ugly and were very
unattractive before they turned. A nice attractive set of the memorial cents
takes a lot more effort than most would think. Gem sets are doable and the
superb gem sets are already more costly.
As this series attracts more interest in anticipation of the 100th anniversary
there will be increasing awareness of which coins are tough in which grades.
The price guide really presents a pretty good idea of what's tough and would
open some eyes if people took a peek.
There's a link above.
<< <i>Great news. I have a set in a Dansco album. I will go through the price list and get the value and let you know where to send the check. >>
LOL. Thank you for the consideration, but I'm not buying at this time.
Wow! You went through hundreds of sets and carefully selected gem+ coins for a Dansco!
and it sets us apart from practitioners and consultants. Gregor
<< <i>
Wow! You went through hundreds of sets and carefully selected gem+ coins for a Dansco!
That's just it and why I'm not in a buying mood.
Even though most have no listed price in MS-63 they still total around $430 for a set without varieties.
With varieties the memorials will run many thousands of dollars in MS-63.
<< <i>
Even though most have no listed price in MS-63 they still total around $430 for a set without varieties.
>>
A few months ago these listed for $50 or so...
They call me "Pack the Ripper"
<< <i>Get your key dates while they are cheap ! >>
What non-varieties are considered key dates?
<< <i>
<< <i>Get your key dates while they are cheap ! >>
What non-varieties are considered key dates? >>
None in MS-63 but in higher grades there are plenty that are key dates. My
favorites are '79-D, '77-D, '84-D, and '68. The '72-D is underrated because
even the high grades tend to have strike problems. The '68 is grossly under-
rated because this date usually is found either poorly struck or tarnished when
raw. A lot of the D mints from '76 to '82 have a lot of problems with marking.
Some of the '68 to '72 S-mints come extremely nice and very PL but often have
tiny blemishes. The '86 to '93 issues (especially Denvers) come in spectacular
condition.
<< <i>Great news. I have a set in a Dansco album. I will go through the price list and get the value and let you know where to send the check. >>
If PCGS agrees with your grade then you will have quite a few buyers. Its not that we don't trust you, its that well, most people don't trust you.
There are also numerous increases in the lower grades for some of the clad issues, especialy quarters.
in higher grades this time and some of them dramatic.
Most of the other mint state regular issue moderns are little changed to slightly lower.
It's mostly just the high grades this time.
<< <i>Appears to be a lot of red when I looked at it. >>
Yeah, you're right. The 1998 to date coins have dropped a couple dollars in low grade.
This drop in insignificant to the large number of large increases in the '59 to '98 issues though.
<< <i>Good news for a change >>
There's more green today!