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PCGS FDI MS66 2007-D George Washington $1 "Plain Edge" Error

Messydesk rare find


What's this coin worth? As of this posting (6:45 PM Eastern with about 2 hrs 32 minutes to go ) it's only at $1,001.00.

It just seems to me that it should be much higher. Granted there could be some really heavy sniper action waiting to squeeze off, but one can only wonder.

If only I wasn't so broke. image

Comments

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Could it be because it's a MS66? image

    A MS67 sold for $3,901 but that is a Top Pop.
  • fcfc Posts: 12,793 ✭✭✭
    another high quality product from the US mint.
  • DUIGUYDUIGUY Posts: 7,252 ✭✭✭
    Worth about a cup of jo in my book . image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    I think it couldn't have happened to a nicer guy. He was very lucky, I envy him.imageimage
    Becky


  • << <i>Could it be because it's a MS66? image

    A MS67 sold for $3,901 but that is a Top Pop. >>


    That is for a FDI with edge lettering. What Messydesk has apparently is a PCGS MS66 FDI with no edge lettering and mint origin known to exist. He got three back from his 100 coin FDI submission. Two MS65 (he sold one) and one MS66 which is the finest and only example in that grade. The PCGS top pop for a standard smoothie is MS66 as of the updated pop today.

    PCGS - NGC Pop reports from today.-

    image

    image

    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>

    << <i>Could it be because it's a MS66? image

    A MS67 sold for $3,901 but that is a Top Pop. >>


    That is for a FDI with edge lettering. What Messydesk has apparently is a PCGS MS66 FDI with no edge lettering and mint origin known to exist. He got three back from his 100 coin FDI submission. Two MS65 (he sold one) and one MS66 which is the finest and only example in that grade. The PCGS top pop for a standard smoothie is MS66 as of the updated pop today.

    PCGS - NGC Pop reports from today.- >>

    Thanks for the correction. The NGC numbers seem fairly similar for 66 vs. 67 for MSFD and MSME. It's interesting that there are more 66 MSMEs than 66 MSFDs. Are the missing edge lettering coins in the PCGS pop similar to the lettered ones?

    In any event, it will be interesting to see what this ends up going for.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Worth about a cup of jo in my book . image >>

    The great thing about collecting is that people collect all kinds of different things. I'm guessing some of those toned Frankies we've seen lately are only worth about a cup of jo to some people image

    I don't have anything against Frankies, they just happen to be in the threads lately.


  • << <i>Thanks for the correction. The NGC numbers seem fairly similar for 66 vs. 67 for MSFD and MSME. It's interesting that there are more 66 MSMEs than 66 MSFDs. Are the missing edge lettering coins in the PCGS pop similar to the lettered ones?

    In any event, it will be interesting to see what this ends up going for. >>


    The top-pop figures remain unchanged from last week for the P & D GW First Day of Issue.-

    image

    image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • DUIGUYDUIGUY Posts: 7,252 ✭✭✭


    << <i>

    << <i>Worth about a cup of jo in my book . image >>

    The great thing about collecting is that people collect all kinds of different things. I'm guessing some of those toned Frankies we've seen lately are only worth about a cup of jo to some people image

    I don't have anything against Frankies, they just happen to be in the threads lately. >>



    I am extremely happy for messydesk but I just can't see it. Perhaps if I viewed GW $'s from a differant perspective. , image
    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly."



    - Marcus Tullius Cicero, 106-43 BC
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>I am extremely happy for messydesk but I just can't see it. Perhaps if I viewed GW $'s from a differant perspective. >>

    People like rare things and pedigrees. A missing edge lettering GW$ assigned to the Denver mint is rare and pedigreed (to the Mint).

    Some people don't understand toner collectors or VAMers. Collectors are all different.
  • Wow, it ended at $1,025 kinda dissapointing for a finest known coin of which only 3 exist.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Wow, it ended at $1,025 kinda dissapointing for a finest known coin of which only 3 exist. >>

    My speculation on the low price is that it's unknown whether the mint designation will be recognized by PCGS. It's sort of a crap shoot. Couldn't they could just call it mechanical error?


  • << <i>

    << <i>Wow, it ended at $1,025 kinda dissapointing for a finest known coin of which only 3 exist. >>

    My speculation on the low price is that it's unknown whether the mint designation will be recognized by PCGS. It's sort of a crap shoot. Couldn't they could just call it mechanical error? >>


    It is a GW FDI coin with no egde lettering. Being that it was in the 4 sealed rolls he sent to PCGS which were D mint, they missed that it hade no edge inscriptions which is why it does not say so on the holder.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Wow, it ended at $1,025 kinda dissapointing for a finest known coin of which only 3 exist. >>

    My speculation on the low price is that it's unknown whether the mint designation will be recognized by PCGS. It's sort of a crap shoot. Couldn't they could just call it mechanical error? >>

    It is a GW FDI coin with no egde lettering. Being that it was in the 4 sealed rolls he sent to PCGS which were D mint, they missed that it hade no edge inscriptions which is why it does not say so on the holder. >>

    We understand that but will PCGS see it that way? It's unknown how PCGS will deal with this and that uncertainty is probably built into the price. The auction description says that the D would probably be removed on resubmission to PCGS.


  • << <i>

    << <i>

    << <i>

    << <i>Wow, it ended at $1,025 kinda dissapointing for a finest known coin of which only 3 exist. >>

    My speculation on the low price is that it's unknown whether the mint designation will be recognized by PCGS. It's sort of a crap shoot. Couldn't they could just call it mechanical error? >>

    It is a GW FDI coin with no egde lettering. Being that it was in the 4 sealed rolls he sent to PCGS which were D mint, they missed that it hade no edge inscriptions which is why it does not say so on the holder. >>

    We understand that but will PCGS see it that way? It's unknown how PCGS will deal with this and that uncertainty is probably built into the price. >>


    Probably should have checked with PCGS before he listed it. I think the buyer stole the coin.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭


    << <i>Probably should have checked with PCGS before he listed it. I think the buyer stole the coin. >>

    Whether it is a steal or not depends on how PCGS responds. Checking with PCGS first would remove uncertainty and if the PCGS response was that the D would be kept and "Missing Lettering" would be kept, I bet the price would have been a lot higher.

    Of course $1026 isn't much over the $990 the MS65 sold for but which one is mis-priced is hard to gauge. It could be that the MS65 was overpriced.


  • << <i>

    << <i>Probably should have checked with PCGS before he listed it. I think the buyer stole the coin. >>

    Whether it is a steal or not depends on how PCGS responds. Checking with PCGS first would remove uncertainty and if the PCGS response was that the D would be kept and "Missing Lettering" would be kept, I bet the price would have been a lot higher. >>


    Even if they removed the D (which I don't see why they would since the rest of the coins in the rolls were D) it would still be the only MS66 FDI GW dollar with no edge lettering known to exist.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Are you wishing you bid now FLBuffaloHunter?

    It still went for way more than DUIGUY and many others are willing to pay.


  • << <i>Are you wishing you bid now FLBuffaloHunter?

    It still went for way more than DUIGUY and many others are willing to pay. >>


    The MS65 he listed last week sold for $990 to a forum member and there are TWO of those image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Perhaps one interesting comparison would be this NGC MS64 Missing Reverse Clad Layer that went for $1,231. Of course, if you cracked that one out of the slab, it wouldn't lose anything.


  • << <i>Perhaps one interesting comparison would be this NGC MS64 Missing Reverse Clad Layer that went for $1,231. Of course, if you cracked that one out of the slab, it wouldn't lose anything. >>


    I guess it came down to buy the coin not what the slab says image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • I thought it would sell for more
  • KaelasdadKaelasdad Posts: 1,232 ✭✭✭
    Me too, I am still very pleased to have the 65, but i wasnt in the mood to get into a bidding war for this one. Now i wish i had, I also think the buyer stole it. Its a great example of a major error in an error slab. i would nt let PCGS touch mine unless they said they would allow the D to stay.
  • Too bad this thread didn't show up way earlier.... for the buyer... (and the bidders-to-be)
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭


    << <i>Too bad this thread didn't show up way earlier.... for the buyer... (and the bidders-to-be) >>




    I'm sitting here counting my could'a-should'a-would'as and comming up way short. Oh well isn't that the way it is? You see an opportunity but exercise too much caution and don't take the leap. I think the winning bidder will do really well if he plays it right.

    image
  • Okay - I questioned whether (or why?) PCGS was going to designate the GW dollar coins as "BU"...
    Well, I didn't see any listed in the Pop report which was posted earlier. but they obviously are PCGS Brilliant Uncirculated GW, so - does this mean if the coin doesn't get a "grade" that it doesn't show in the pop report at all? Or can you submit coins JUST to be authenticated as "BU" without grading?
  • messydeskmessydesk Posts: 20,314 ✭✭✭✭✭
    Well, I was a little surprised there wasn't a sniper collision last night, but was thrilled to get over $2000 for the two coins. I haven't finalized the spending of the windfall yet, but a new Nikon D80 is now in the works. I'll probably also spend a little more at CSNS than I would have otherwise. Thanks to those that bid and extra thanks to the winners.

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