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 Replies: 1,095 / Views: 81,052 |
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Valued Member
United States
59 Posts |
Mister Kairu, I looked over the math and it may be worth it after all to grade NGC. Right now, a raw set can go for about $125. If you were to get five graded it would cost around $150 total ($20 for each coin getting graded and early release, $8 handling fee, $42 shipping both ways approximately). This means that per coin it costs $30. Since they are selling for $200 (assuming all are graded 69) you've just netted a $45 profit per coin, plus there is always the possibility if you hold for longer the price will go up. Now I am really considering it again. I may get four graded and then throw in a proof ASE and hope for 70 since getting four Trumans graded and adding another random coin only adds $15 to your total cost (assuming you don't get early release on the random coin). |
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Pillar of the Community
United States
4901 Posts |
Quote:
Since MCM now has graded 69s for $199, after grading fees the value only increases by $20 at best.  That is for a single coin(set)...Even if it cost $120/coin to grade then you would still have a $20 profit...it costs $20...5 coins would cost $100 plus shipping ...and that is for a 69....a 70 would be interesting Edited to add: I saw your logic on a duplicate thread...pricing by what they are selling for NOW vs original sales price...ok I get it but I never price ANYTHING by early sales...they tend to be EXTREMELY inflated...wait for the 70 prices to appear..They will be stupid Edited by Foxwoods Man
07/10/2015 09:08 am
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Pillar of the Community
United States
1255 Posts |
That $199 cost from MCM ($193 if paid by check) also includes a graded 69 medal along with the 69 RP. So what is the medal worth graded, maybe 30 bucks? So you are basically paying about $165 for the RP 69 from MCM.
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Pillar of the Community
United States
1911 Posts |
True I did think of the fact that prices may go up and also that even for the one I don't sell it would be better to help protect/conserve it a little if it were slabbed. The only thing is for me and my specific situation it appears that since we are trying to get as much money back as possible within the month (budget purposes getting caught up from our move this February) that spending the $123 plus shipping for the five coins would basically be taking a OGP set's worth of money into grading them, which will most likely not double the price of the coins (from where they are at right now) within the near future. It may be better in the long run... I would think most likely... but we just need to make back as much as we can. Thanks for bouncing this off back and forth with me everyone it helped to figure out what I am going to do. And I only wouldn't try because with my coins I would be lucky IMO to get even a 69.
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Moderator
 United States
188561 Posts |
Quote: Did anyone here acquired the 1990 prestige proof set commemorative silver Ike dollar ? Yup.  Got that one straight from the mint in 1990. Thanks, mom!  (The set is intact, for what it is worth.) I also have the uncirculated version, which was freed from the OGP and placed into my 7070. |
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Pillar of the Community
United States
562 Posts |
Just a heads up: the United States Mint confirmed today that the household order limit for the Eisenhower Coin and Chronicles set has been reduced to 2 sets per household.
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Pillar of the Community
United States
1911 Posts |
Where did you find that info Atlas? Thanks for the heads up!
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Pillar of the Community
United States
562 Posts |
A shadowy informant I met in an underground parking garage. Nah, just kidding. Found it on the Numismatic News Facebook page. |
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Pillar of the Community
United States
1255 Posts |
Wow! I can't believe the mint actually paid attention to the last sale and decided to give more people a chance for this go around. So with that said, can you have two separate orders from the same PC as long they are different CC #s and addresses, or do the orders need to take place from separate IP address and or PCs?
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Pillar of the Community
United States
7390 Posts |
I think the consensus is that the same ip address is NOT going to effect multiple orders with the reasoning being that work ips & Hotspots are the same so its not definative. If my neighbor and I work together or are at Starbucks together how can they tell.
That said I wouldnt use the same name or cc with same name as other orders either just to be safe
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Pillar of the Community
1153 Posts |
I've been checking the Ike CC link on the usmint webpage everyday to see when details pop up there, but nothing yet. I wonder if the mintage will stay the same?
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Pillar of the Community
United States
1913 Posts |
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So with that said, can you have two separate orders from the same PC as long they are different CC #s and addresses, or do the orders need to take place from separate IP address and or PCs? One could probably cheat the system in order to get around the limits placed by the mint, but I personally don't think that it's right to do so because it will most likely come at the expense of a fellow collector. I don't care that plenty of people may do it. Right is right and wrong is wrong. At the end of the day, I can live with myself. I'll buy two on the day they're released. If they raise the limit (due to less than expected demand), then I'll likely buy more. |
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Moderator
United States
188561 Posts |
Quote:
Just a heads up: the United States Mint confirmed today that the household order limit for the Eisenhower Coin and Chronicles set has been reduced to 2 sets per household. Good call.  I only need/want one. |
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Pillar of the Community
United States
1911 Posts |
I am fine with two. At the very least I can sell one to pay for my other and still make a little profit. :D
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Pillar of the Community
 United States
500 Posts |
here the info about the Ike CC set remove if this incorrect A reduction in the household order limit to 2 has been announced by the U.S. Mint for the Dwight D. Eisenhower Coin and Chronicles set when it goes on sale Aug. 11. This is a reduction from the 5 that prevailed during the sellout June 30 of the 17,000 Harry. S. Truman Coin and Chronicles set. Mint limit for Ike is an identical 17,000. Price is $57.95 each. The set will be sold only on the Mint website. It will not be offered at the U.S. Mint booth at the American Numismatic Association's World's Fair of Money in the Chicago suburb of Rosemont. Also not available at the Mint booth during the ANA convention will be the High Relief one-ounce gold coin. Sales for it begins July 30. Mintage maximum for the High Relief will be 50,000 coins. Household order limit will be 50 coins. Price has not yet been revealed, but it will be in the neighborhood of $1,500. Edited by Reno32
07/14/2015 3:28 pm
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Replies: 1,095 / Views: 81,052 |
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Posted 07/10/2015 08:58 am
