$4,650 1999 quarter on ebay!!!
timber100
Posts: 863 ✭
0
timber100
Posts: 863 ✭
timber100
Posts: 863 ✭
Comments
An authorized PCGS dealer, and a contributor to the Red Book.
I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom I provide, then question the manner in which I provide it. I prefer you said thank you, and went on your way, Otherwise, I suggest you pick up a weapon, and stand to post. Either way, I don't give a damn what you think you are entitled to!
Box of 20
<< <i>Actually this is the true market value of this coin. Teletrade auctions for NGC 70's have gone as high as $6000. Whether the market will sustain this price who's knows. Put this price level has been sustained for18 months now. NGC is tough on this coin, don't think that they will give out easy 70's for this coin. >>
I searched this coin back 365 days on Teletrade and found only 2 sales, 5/9/07 $2050 and 5/27/07 for $2700. These are not 4600 dollar coins even on Teletrade.
Wondercoin
<< <i>
All he needs is another sucker, and ebay seems to be full of them.
JJ
<< <i>Lot of money for a Delaware quarter! Wouldn't be 70 at pcgs either >>
Sorry, I'm finding this a little hard to follow. This coin, in this grade, has an ngc pop of 206? I have never seen a coin with that high of a population selling for so much. Why is it in so much demand?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>"There are 206 certified by NGC in Proof 70 Ultra Cam."
Sorry, I'm finding this a little hard to follow. This coin, in this grade, has an ngc pop of 206? I have never seen a coin with that high of a population selling for so much. Why is it in so much demand? >>
Limited relative supply for condition rarity SHQ type set collectors. You need to compare 206 to pops for other SHQ type coins. It's also quite possible there are more than 206 NGC PF70 UCAM SHQ type set collectors.
<< <i>With all of the uncertified 1999 quarters out there, I'm sure there are more that would make the 70 grade, if submitted... >>
But how long would it take to make one? How much is your time worth?
But how long would it take to make one? How much is your time worth?
I've got my sets and loupes out right now. Many of the early Silver Proof SHQs are worth $1,000 or more in 70. It's certainly worth the time to check them.
I knew it would happen.
This is good to know. Missed this trend, I must admit. But big numbers like that get my attention. So, I'm in. As a searcher, not buyer. I like to make em, not buy em.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
--Christian
#207
thats crazy!
<< <i>I'm certainly not putting anyone down for what they collect...According to my trusty Red Book, there were 804,565 silver proof sets struck that year. I think the odds are fairly good that there are way more than 206 Delaware quarters in those specially-made, specially-handled sets that could go 70 at either NGC or PCGS- those coins are still sitting in those sets right now- some may never be submitted, but some will. If it were me, I would be concerned about buying a modern proof for that kind of money based on population reports, because if more of them do become certified, the price may go down. If NGC certifies another 200 of those quarters in 70 (and, knowing NGC, they just might), I don't see that coin holding it's value or increasing in value. I hope, for the buyer's sake, that I'm wrong...
--Christian >>
There will be more certified, and a price drop may not be very surprising.
However these are eight years old now so everything that has already hit
the market has been checked. Adding the busted up sets to this we're prob-
ably talking 60% of mintage or so. The balance of the sets will trickle onto the
market over the next 30+ years. Demand may grow faster than the supply in
which case price could still increase or demand might not keep up with increasing
supply and the price will fall.
I'm not going to predict but would observe that even 400 coins could be very much
fewer or greater than demand. The price could go far higher or far lower. I would
absolutely not speculate on these but if you collect them then this is market and
they are beautiful coins.
the winning bidder has an interesting feedback history.....apparently very into knitting...perhaps someone homebound sitting around watching CoinVault and buying the hype? I agree, poor SOB.
Box of 20
<< <i>"It's also quite possible there are more than 206 NGC PF70 UCAM SHQ type set collectors."
This is good to know. Missed this trend, I must admit. But big numbers like that get my attention. So, I'm in. As a searcher, not buyer. I like to make em, not buy em. >>
You impress me more each time I read your posts, Pharmer. For the guy who can find them above MS67, it's quite fun with Uncirculateds (I personally can't find them above MS66).
PROOF 70 is a matter of buying a lot of 1999 Proof sets, but that can get expensive after adding cost of purchase and encapsulation. The silver proof sets are over $350 (1999), and I don't know what the proof sets are going for nowadays
``https://ebay.us/m/KxolR5
<< <i>Just a heads up...(I have no connection to these guys). In case anyone wants to try their luck at the TPGs I just got an email from Dave at Enicoin saying that they just got in a consignment of 1999 silver and clad quarter sets. Prices are $240 and $35 respectively with box & coa. >>
Where do you see these? I can't find anything on ENI's site
<< <i>I'm certainly not putting anyone down for what they collect...According to my trusty Red Book, there were 804,565 silver proof sets struck that year. I think the odds are fairly good that there are way more than 206 Delaware quarters in those specially-made, specially-handled sets that could go 70 at either NGC or PCGS >>
It's not as easy as the numbers might indicate. A very large percentage of the 1999 silver sets are crappy, very crappy. Much worse than any of the other years.
Russ, NCNE
Well, maybe but more likely not. First, this is a proof coin, so you would need to buy proof sets.
Second, look at even the NGC population report: Only about 2% of the submitted coins made 70. So you would need on average 50 sets at almost $300 each. Then you need to pay grading fees for 50 coins. At the end you have your one 70, 48 69s, and one 68, plus 49 broken proof sets. You have spent $15,000 on the sets plus $3,000 on grading.
So for those who want/need/can afford a 70, buyung it is much less hassel, and potentially less money.
Although I agree that is a whale of a lot of money to chose to spend on a coin just slightly better than the othe 900,000 out there.
<< <i>Just a heads up...(I have no connection to these guys). In case anyone wants to try their luck at the TPGs I just got an email from Dave at Enicoin saying that they just got in a consignment of 1999 silver and clad quarter sets. Prices are $240 and $35 respectively with box & coa. >>
But how many has the dealer cherry picked? There going for a lot more money than that on the bay. The 1999 slabs pop right open and you can substitute coins easily. I know Eni sells on eBay. Why offer them at a fixed price of $60 lower than the current going eBay price when your an eBay seller?
Not saying that Eni isn't on the up and up... but at that price the thought that he had taken the best of the quarters out came to my mind immediately.
That said... now open for flames from people who are friends with Eni.
You wouldn't believe how long it took to get him to sit still for this.
What would legend say ?
Not a big number, but certainly not miniscule either.
IMHO, ALL modern PR70's are a gimmick. Yes they may look a little better under the elctron microscope, but who cares when you can buy one that looks just as good for about 5% of the price or even less raw.
Look at the PR70 Ikes. Folks were touting those a few years ago. My opinion was stay away, they make more and the price will fall. Well....it happened, and it'll happen again.
Yes I'll make these coins and sell them fast, btu never hold them.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
<< <i>wow...
the winning bidder has an interesting feedback history.....apparently very into knitting...perhaps someone homebound sitting around watching CoinVault and buying the hype? I agree, poor SOB. >>
I will let you know if I need anyone stalked