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 Replies: 16 / Views: 3,529 |
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Pillar of the Community
United States
1418 Posts |
They all check out on pcgs website.
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Valued Member
 United States
376 Posts |
In MS-64 or better? plus he has already sold at least one that I saw.
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Pillar of the Community
United States
1418 Posts |
Yes, in the conditions stated.
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Pillar of the Community
United States
1659 Posts |
I don't see anything unusual. Some people only collect high-end key dates. Maybe he's a dealer trying to unload some inventory and free up some cash. They are nice coins for sure...wouldn't mind having one!  |
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Valued Member
United States
407 Posts |
Well, unusual if you think Bonsai trees and rare coins are an unusual business! (I've seen the Bonsai Tree Guy's auctions before - can't forget him!) Look at his feedback, he's sold more than one, and one of those went for 11 large!  Dang, I gotta start selling Bonsai trees!   Steve |
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Valued Member
United States
376 Posts |
I guess when you think about it maybe it isn't so strange. With so many Chinese counterfeits on the market it doesn't hurt to be skeptical. JMO. I wish I had one to sell!
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Rest in Peace
United States
4849 Posts |
The thing that surprises people is that the 1909-s vdb is not that rare of a coin, and is also quite common in higher grades(kinda like the 1931-s). There value lies in the demand, and the semi-artificial perception that the low mintage means that the coin is rare. It's probably the most popular coin in existance, and I love it for that reason as I own one, but I'd be lying to myself if I thought that I had a "rare coin"...lol.
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Valued Member
United States
463 Posts |
Me personally would never deal with any of these so called rare/high end coins for a few reasons 1. as stated above, when there money to be made it makes counterfeiting more common 2. The most I ever will spend on a coin is 100 but in the end its your decision 3 (my view point) As I mainly buy for the metal value ex silver, I always think about how much I can get instead of how rare something is. I sold a few of my high end stuff on ebay to make purchases for something I feel is better. At the end of the day, somewhere down the road it wont matter how rare something is. |
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Pillar of the Community
United States
1934 Posts |
There is something unusual about the "LIBERTY" in the MS64RB coin. LIB are not aligned with ERTY.
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New Member
United States
39 Posts |
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Pillar of the Community
United States
2600 Posts |
My local dealer has two on the shelf right now. He had them both graded by PCGS. Not so unusual.
Jim
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Pillar of the Community
United States
4421 Posts |
Not unusual, at all. There are literally dozens of S-VDB's available at any of the larger coin shows. I saw that one dealer at the FUN show had a few dozen, himself, mostly high grade, stacked in slabs. Not unlike most first year coins, the S-VDB's were saved in large numbers. I tend to see more for sale above FINE than below that grade. There are ever so many coins that are more difficult to locate than an UNC S-VDB. I suspect at present that key date coins, gold and silver all look like good alternatives to those who are invested in the volatile stock market. Also, I see far more slabbed UNC S-VDB's than those simply graded GOOD.
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Pillar of the Community
United States
613 Posts |
A dealer that I buy from had 19 of them earlier this week. VF- MS-64red
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Moderator
 United States
23522 Posts |
Checking this guy's Feedback, he's already sold a total of 29 1909S-VDB's, the worst of which was MS63RD and the best of which went for over $12,000.  In addition, he's moved a bunch of high-grade St. Gaudens Double Eagles. I'd guess him to be a pretty high-end collector, indeed. And no, S-VDB's are not nearly scarce enough to make quantities like this unusual. They're the moving target of numismatics - everybody's selling them. Heritage has moved over 2,000 examples alone, and there's over 200 on ebay right now. |
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Rest in Peace
United States
4849 Posts |
Quote:
Way over priced I don't think that it is overpriced at all. It has had a SOLID backing of demand for an entire century now, and it always will be in demand. It's symbolic of our hobby, the king key date of the most collected coin ever, and even many non-collectors know about the "s-vdb". Though it's not rare, the demand still far outstrips the supply, and the price will always be high since everyone needs it to complete there set. There are also a multitude of "key-date only" collectors, and this coin is a requirement for a US key date collection. |
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Posted 05/21/2010 5:59 pm
