still unanswered question

fastrudy · June 26, 2007 2:08AM

I asked this question about two months ago, and never got a definitive answer.

Those hot 2006 w statue of liberty $100 platinum eagles shot up to $4000 in MS70 in abouth three months.
Now, they have calmed down a lot, but you can't determine their value because they have been dropped from the Platinum Eagle section of the PCGS Price Guide. The still unanswered question is WHY did they fall off the Price Guide? Does this happen periodically? Who decides what coin 'disappears'?

FLBuffaloHunter · June 26, 2007 2:21AM

It's a conspiracy

jmski52 · June 26, 2007 2:26AM

The most recent sale was $3,500.00 and there was but a single bidder, down from the trend average of a bit over $3,700. Most of these have probably found semi-permanent homes by now, so they will be harder to track.

Who knows why they've been dropped from the price guide? Good question, tho.

tahoe98 · June 26, 2007 3:25AM

is this something that can be found on the heritage archives?

ModernCrapNut · June 26, 2007 3:50AM

It's there:

21128 2006-W Statue of Liberty $100 - - 1900 1950 2000 2050 2100 2150 2250 3500

fastrudy · June 26, 2007 4:00AM

There used to be a 2006 w Statue of Liberty $100 First Strike designation (like the proofs) as well. This is the one that is gone.

ModernCrapNut · June 26, 2007 5:21AM

Maybe there weren't enough sales reported to include it.

WinPitcher · June 26, 2007 5:25AM

or, maybe 'first strike' means didley?

Steve

RYK · June 26, 2007 5:28AM

<< <i>or, maybe 'first strike' means didley?

Steve >>

fc · June 26, 2007 5:29AM

or, maybe 'first strike' means didley?

heh. in a fragment of a sentence i think you have found
the answer. they take your money and then do not even
support the charade down the road ;-)

ilikebuffaloes · June 26, 2007 6:23AM

Is it possible that it will gain some interest again when the 2007s go on sale?

jmski52 · June 26, 2007 7:04AM

There used to be a 2006 w Statue of Liberty $100 First Strike designation (like the proofs) as well. This is the one that is gone.

Maybe it's a phase-out and maybe it's PCGS's way of saying that there is no price differential between the labels. Actually, when I think about it, weren't all of them labelled as "First Strike?" I do believe that they were.

Is it possible that it will gain some interest again when the 2007s go on sale?

By "it" do you mean the "First Strike" designation, or the 1 oz. 2006 "W" Unc Plat?

If you meant the "First Strike" label, the chances that this label will remain a factor is dwindling (and should dwindle) because the term is being used as an advertising brand name, rather than having anything to do with the condition of the dies that produced the actual coins.

If you meant the 1 oz. 2006 "W" Unc Plats themselves, I don't think that the 2007 "W"s will have much bearing on the amount of interest being shown in the 2006 "W"s, unless there are fewer 1 oz. 2007 "W"s made. Either way, the 1 oz. 2006 "W" should be a key to the series.

fastrudy · June 26, 2007 7:10AM

I am humbled by your superior knowledge of the twists and turns of the coin market. There was a separate listing for First Strike and when the price started decreasing, the listing was gone. Does removing them from the listing alter the averaging process when they compute the coin market indices? I am always surprised at my stupidity when I foolishly trust an authority. Galileo said,"The Authorities are not interested in the Truth, merely in authority."

still unanswered question

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