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2017 P Cent Worth Buying In High Grade?

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Author Previous TopicReplies: 18 / Views: 4,493Next Topic Page 2 of 2
Rest in Peace
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1559 Posts
 Posted 12/25/2017  01:19 am  Show Profile   Bookmark this reply Add Tootallious to your friends list
Yea, lol, I saw that after I edited and just thought , Ahhh forget....
Just didn't feel like doin' it again. Glad that you found it amusing
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 Posted 12/25/2017  04:52 am  Show Profile   Bookmark this reply Add John1 to your friends list
First PCGS values are high. If you want to buy one get one that is at least MS69 or a MS70. I think those will increase over time in value.Plenty of MS 66-67 out there.
John1
P.S. Just looked around and I could not find any slabbed higher than MS68.Those are priced high currently,so search around and save up for any in the MS68-70 range.I did find a 67 for $40 in an anacs slab.
Edited by John1
12/25/2017 06:48 am
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 Posted 12/25/2017  11:50 am  Show Profile   Bookmark this reply Add jpsned to your friends list
Correct me if I'm wrong, but isn't it theoretically possible to find an MS67 cent in circulation? Or perhaps a 65? I see tons of really bright, perfect-looking 2017 cents in my change every day.
Edited by jpsned
12/25/2017 11:51 am
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 Posted 12/25/2017  11:56 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
You can argue that one til the cows come home.
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 Posted 12/25/2017  1:58 pm  Show Profile   Bookmark this reply Add Mrzllewellyn to your friends list
I got a whole roll of BU possibly 67 I'll sell you or 40 lol just kidding the top pop for PCGS looks so sorry looking to me I find better examples all the time just my opinion
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 Posted 12/25/2017  3:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
What are your thoughts on picking up high grade modern stuff like this?


Personally, I think it's hilarious.
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361 Posts
 Posted 12/25/2017  5:45 pm  Show Profile   Bookmark this reply Add One50 to your friends list
Thanks for the input all.

My quandary is this, as no one has really answered it.

When you look at PCGS for example you rarely see any modern circulating strike at MS68
Usually 67 is it.
But when you look at circulating strikes from say...1950 cent.
1 is MS68
85 at MS67
421 at MS66

Low population and crazy prices.
I understand prices wax and wane....but for modern strikes 67 is about it. Why would you pass up a seemingly decent price for a MS67?

I'm not trying to prove a point or argue anything...I'm not that knowledgeable on the matter.
Just trying to understand the consensus about the matter.
Looking for a better answer than a shrug off.

Thanks


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 Posted 12/25/2017  6:19 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
A 1950 cent is quite different from a 2017 cent, where thousands of bags still exist.

The pop reports for a 2017 cent will shuffle quickly every day for years to come as people cough up grading fees in a totally futile race.
Edited by Coinfrog
12/25/2017 6:20 pm
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193 Posts
 Posted 01/05/2018  10:50 am  Show Profile   Bookmark this reply Add d_dob to your friends list
As they say, one mans trash is another mans treasure. I've seen many people here say buy what you like, so, if you like higher grade 2017 P's, buy them. After all, they are an anomaly.
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 Posted 01/05/2018  10:59 am  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list
If they were sealing and grading cents in 1950 then there would be a lot more in ms68 capsules, and values would be lower. Coin collecting was a lot younger then and less people were putting whole rolls of brand new coins away. Fast forward to present day, everytime there is a low year or a special coin, there are rolls sealed and stored away by a thousand collector. I have rolls of 2017 p cents that I haven't opened yet, and a box of 2009 cents. Where maybe onl dozens of collectors had the foresight to do this in 1950.
Rest in Peace
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 Posted 01/05/2018  2:42 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list

Quote:
What are your thoughts on picking up high grade modern stuff like this?

Fruitless , these modern coins are being produced by the billions . I for one would eat cat before I pay $60 for an MS-67 2017-P Lincoln . As stated above 65-67's are all over the place . especially the East coast .
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 Posted 01/05/2018  9:36 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
A complete and utter waste of money. If you want a high quality cent, buy some boxes and get to searching. There are TONS of stories of people getting solid 2017 boxes at their bank.

Spend your money on the truly collectable modern cents - wheats and memorials. Shield cents, personally, I hate them but if you want to collect them, start searching bank boxes. You'll have plenty to choose from.

Lincoln Cent Lover!
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 Posted 01/06/2018  11:51 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list
Waste of time and money. with BadThad - collect wheat cents or some rare varieties of memorial cents.
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 Posted 01/06/2018  3:08 pm  Show Profile   Bookmark this reply Add just carl to your friends list
At coin shows every year I see tables full of the latest coins in slabs. People are just slab happy today. Why not just take all our coinage and put them in plastic right out of the Mint. This is just nuts.
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 Posted 01/07/2018  01:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
if you want to collect them, start searching bank boxes. You'll have plenty to choose from.
I agree.
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