I new there was a difference,but
grip
Posts: 9,962 ✭✭✭✭✭
Previous Price History from Teletrade®
Feb 25 2007 Quarter 1949 NGC 67 $358*
Dec 20 2006 Quarter 1949 NGC 67 $190*
Dec 3 2006 Quarter 1949 NGC 67 $235*
Nov 8 2006 Quarter 1949 PCGS 67 $1036*
* Please note prices include buyer's premium where applicable.
this much?
Al
0
Comments
3 "DAMMIT BOYS"
4 "YOU SUCKS"
Numerous POTD (But NONE officially recognized)
Seated Halves are my specialty !
Seated Half set by date/mm COMPLETE !
Seated Half set by WB# - 289 down / 31 to go !!!!!
(1) "Smoebody smack him" from CornCobWipe !
IN MEMORY OF THE CUOF
In honor of the memory of Cpl. Michael E. Thompson
1949 Washington 25c MS67
PCGS Population (32/1). NGC Census: (115/2)
Almost four times the number of coins for NGC at that grade, so the price differential seems about right. A lot of demand is from registry collectors and it is a one way street with PCGS coins allowed in the NGC registry, but not the other way. Add those two factors, higher demand and lower supply, and it is going to mean a higher price every time. Most of the NGC coins will not cross, and many have probably been tried because of the price/pop difference.
These pop differentials are probably common across the entire series, so the price and quality difference is real. Whether the price difference is too big or too small is not for me to say. At that grade level I believe each coin has to evaluated on its own merits.
<< <i>Kool-Aid drinkers (bow head now...........) "Registry"
It just plain kills me everytime I see this BS statement. I just finished going through 123 Registry sets and found 6 of the MS67 quarters. Nine sets were closed to viewing so possibly 9 more 67's could be in the sets but likely the number would be 4 more. Eleven out of a possible 32 are in sets and 21 other Registry people are saving their money so they can nab the last 21 coins. Elephants Fly also.
Do you happen to think the difference price wise might be a collector that just wants a very nice quarter and is not a Registry Set person ? Hmmm....
Ken
<< <i>
<< <i>Kool-Aid drinkers (bow head now...........) "Registry"
It just plain kills me everytime I see this BS statement. I just finished going through 123 Registry sets and found 6 of the MS67 quarters. Nine sets were closed to viewing so possibly 9 more 67's could be in the sets but likely the number would be 4 more. Eleven out of a possible 32 are in sets and 21 other Registry people are saving their money so they can nab the last 21 coins. Elephants Fly also.
Do you happen to think the difference price wise might be a collector that just wants a very nice quarter and is not a Registry Set person ? Hmmm....
Ken >>
The raw numbers indicate at a minimum 20% of the demand. Across the board, my guesstimate is that about half the demand is from Registry collectors. Without Registry prices would be lower. I would imagine that most non-registry collectors must dislike it because it has driven up prices for the top coins.
For readers, 32 in the pop report doesn't mean there are 32 coins. There may be sixteen or fewer MS67 coins with half of the pops due to folks trying to get a pop one MS68. If my speculation is correct and there are only sixteen PCGS coins at MS67, nine in registry sets would make up more than half the demand.
It is important for new collectors reading along to realize that not all MS67 coins are equal. In this thread it is about different companies. However, price differences for coins sold at true auction may be just as great for two coins from the same company. At top level grades, each coin must be evaluated on its own merits. A nice MS67 that some might think have a shot at MS68 is usually going to sell for more than a MS67 that made it in on the tenth try, after nine times getting a MS66.
Someone asked a question. The answer isn't all that complex. Like the price of most things, it boils down to supply and demand. Marketing does a fair amount to do with demand, as does the registry phenomenon.