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2012 Magnetic Cent?

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Zonad's Avatar
Canada
1472 Posts
 Posted 02/12/2014  07:33 am Show Profile   Bookmark this topic Add Zonad to your friends list Get a Link to this Message Number of Subscribers
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yingyang's Avatar
Canada
1823 Posts
 Posted 02/12/2014  07:40 am  Show Profile   Bookmark this reply Add yingyang to your friends list Get a Link to this Reply
I would like to know to
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o-train's Avatar
Canada
519 Posts
 Posted 02/12/2014  08:46 am  Show Profile   Bookmark this reply Add o-train to your friends list Get a Link to this Reply
My question is why was it listed at $2000 in the first place. Personally I think the seller should have their ANA membership revoked.
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Canada
1984 Posts
 Posted 02/12/2014  10:06 am  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
I guess someone got excited about MS69. I don;t know that I have seen an MS69 before. But $1375? When there a boxes and boxes of them out there? Crazy!
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Canada
9866 Posts
 Posted 02/12/2014  10:12 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
I agree with Smallcentguy, there's too many unopened rolls out there for this kind of pricing.
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
5324 Posts
 Posted 02/12/2014  10:21 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The problem will be if someone else sends a first day struck penny to NGC and gets another ms69 or two, there are just so many rolls and cases of these coins hoarded, This seller gets massive NGC graded RCM nclt coins with ms 69 or 70 and with inflated shipping, gets really good pricing on these slabs, This ms69 penny would be a reasonable chance at around 200 to 300 dollars.
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Canada
9866 Posts
 Posted 02/12/2014  10:27 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Unless I'm reading it wrong,the NGC pop report indicates 19 of these have been graded at 69.What was the buyer thinking?
"Dipping" is not considered cleaning...
-from PCGS website
Pillar of the Community
Canada
5324 Posts
 Posted 02/12/2014  10:34 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
If the NGC pop report is 19, 200 to 300 maybe too much for this slab.
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punman's Avatar
Canada
849 Posts
 Posted 02/12/2014  12:34 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply
Even if that coin is worth oer $1000, there are too many $1000 dollar coins I don't own that I would rather spend money on when I have two mint bank rolls of 2012 cents -even if the best one is MS 62 that would be good enough for me.
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 02/12/2014  1:00 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
What are the odds of it being the same buyer that purchased the Harshly cleaned dollar in another thread?
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darryldarryl's Avatar
Canada
2427 Posts
 Posted 02/12/2014  1:01 pm  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Lots of wierd things are happening out there lately.
Thanks for posting this Zonad.
Edited by darryldarryl
02/12/2014 1:02 pm
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SPP-Ottawa's Avatar
Canada
10463 Posts
 Posted 02/12/2014  1:52 pm  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
Ironically, almost the same price as a harshly cleaned ICCS MS-64 1945 silver dollar... (when converted to CAN$)

Which one would you rather have?

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Edited by SPP-Ottawa
02/12/2014 1:53 pm
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Canada
9866 Posts
 Posted 02/12/2014  1:58 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
If you're buying, I'll take the dollar, so I could free it and resubmit.
"Dipping" is not considered cleaning...
-from PCGS website
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Alexer's Avatar
Canada
2632 Posts
 Posted 02/12/2014  2:09 pm  Show Profile   Bookmark this reply Add Alexer to your friends list Get a Link to this Reply
I must be crazy selling brand new fresh from the roll 2012 pennies for a buck or two. Oh well..
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brexzz1's Avatar
Canada
348 Posts
 Posted 02/12/2014  4:20 pm  Show Profile   Bookmark this reply Add brexzz1 to your friends list Get a Link to this Reply
I wonder what that coin would be graded at ICCS?
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gidjit's Avatar
Canada
1980 Posts
 Posted 02/12/2014  4:43 pm  Show Profile   Bookmark this reply Add gidjit to your friends list Get a Link to this Reply
maybe I should start opening some of my 2012 boxes (both mag and non mag) or maybe even some of my 2011 boxes!!,, how can you tell it sold for $1375?
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