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 Replies: 346 / Views: 27,761 |
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Valued Member
Canada
371 Posts |
17 in MS-64
21 in MS-65
33 in MS-66
2 in MS-67
...and this was probably as of February this year. I would imagine that a few more have been grade since then.
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Pillar of the Community
Canada
902 Posts |
How many have you seen for sale on ebay ?  |
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Pillar of the Community
United States
745 Posts |
'A back door job done to make the roll and a few let loose into circulation to cover the tracks?'' so the Mint  worker is waiting to retire, then sell all his 33 MS66 & 2 MS67 wonder if ICCS will tell us how many were graded from just 1 person...  Edited by Penny4Me
09/07/2011 6:27 pm
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Pillar of the Community
Canada
902 Posts |
Good point Penny4Me. It is known as an error coin.
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Pillar of the Community
Canada
1442 Posts |
Perhaps the 2006P non-magnetic was a backdoor job for fun, but definitely not to retire.
Even at $1000 a pop (and its taken 4-5 years to get there), you can't retire on $30,000 :)...LOL
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Pillar of the Community
Canada
2428 Posts |
Heck No Penny4Me! We finally get to see what someone is willing to pay for this little treasure! Personally, I am cheering for SPP-Ottawa to win it! I know he really wants one. Penny4Me,are you r**9 the 2006 P penny bandit?  Edited by darryldarryl
09/07/2011 8:24 pm
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Moderator
 Canada
10463 Posts |
So if that many have been certified, why haven't we seen them for sale in auctions, coin shows and ebay? Did one person get a whole roll or more? "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
902 Posts |
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Moderator
Canada
10463 Posts |
Those ICCS pop report numbers keep popping in my head - I am out of this one. A stable price will come when 20 or more of these things have been sold...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
745 Posts |
darryldarryl = Great minds think alike!  ----------------------------------------------------------- I was just going to fyi everyone that Penny4Me is NOT r**9 I am Penny4Me in USA and can't afford high price coins like r**9,  i collect just for fun and to someday pass-on my coin collection to my super, one & only Son. Also living so close, I really like Canada & the nice coins you make; plus you are our best of best Neighbor!  see the seller feedback for Item number: 110735229408 & click on Buyer ID for this item. you will see r**9 name  & his location is in Canada.  Yes I too Personally am cheering for SPP-Ottawa to win it! because I know he really wants one and would Appreciate this little treasure! I really don't know why r**9 - - the bandit is buying every 2006 penny = Greed?  Edited by Penny4Me
09/07/2011 9:39 pm
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Pillar of the Community
 Canada
1984 Posts |
r***9 may be the smart one. He may be thinking that people are now underestimating how scarce this coin is. Maybe he thinks he will take 50 or 100 coins out of the market for a few thousand and then let them onto the market in a controlled way over many years. Probably a better strategy for making money off collecting then most. A lot more sensible than buying your typical RCM product for $50 to $100 a pop. |
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Pillar of the Community
United States
745 Posts |
if you are talking about the rare 2006P non-magnetic; I totally agree... that people are underestimating how scarce this coin is. But if you are talking about the 2006 No P/No Logo cent and if he thinks by taking 50 or 100 coins out of the market for a few thousand and then let them onto the market in a controlled way over many years, then it's a totally bad strategy for making money. There are so many people that already have few and are just hoarding the 2006 No P/NO Logo cent.
Just take a poll here of how many own the 2006 No P/NO Logo cent. Heck one guy just found one in Ohio this week, so they are all over the place. there were only 233,000 2006 P Magnetic cents made and I think these a more rare than 2006 No P/No Logo cent.
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Pillar of the Community
Canada
650 Posts |
I know there was a topic on this before,but I am just making sure,so there are 6 varities of the 06 1 cent? And the 2 tuff ones are of course,06p non mag and then the 06 no mark magnetic. Is this right, I am quessing this has to be right because those are the ones I don't have.
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Valued Member
Canada
371 Posts |
sounds right, Mr. Canada. That's the rule I use too. The coins I don't have are the rare ones...lol...works every time
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Pillar of the Community
Canada
1442 Posts |
I did help someone sell a 2006P non-magnetic for $3500 privately a month or two ago...
It was either a MS65, or MS66, I dont remember exactly.
Its an interesting mule to be sure. And its rare, but there are other pennies out there just as rare.
Try getting a 1859 9/6, TP9, DP3 or DP5.
In the last 6 months, I've seen 3 2006P non-mag for sale. Over the same time frame, I've seen 0 1859 9/6s, 2 1859 TP9, 3 DP3 and 3 DP5, 2 1882 C2/C1 doubled obv.
So the 2006P non-mag was a steal at $300-$500 a couple of years back. Now you're just paying "full retail price". I think at $2000-$3000 it has reached its full potential and is unlikely to appreciate from there.
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Replies: 346 / Views: 27,761 |
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Posted 09/07/2011 6:09 pm
