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2007 D Red Penny Value Question

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Author Previous TopicReplies: 3 / Views: 1,777Next Topic  
Valued Member
tlsweet's Avatar
United States
111 Posts
 Posted 11/07/2011  09:50 am Show Profile   Bookmark this topic Add tlsweet to your friends list Get a Link to this Message Number of Subscribers
According to numismedia. An MS 66 is 22.50.

It's so high compared to other coins close to that year. What would make this one more valuable?

Is it's value more because of the amount of coins made?

Teena
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BadThad's Avatar
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19947 Posts
 Posted 11/07/2011  11:14 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Values for ultra modern coins are usually wrong. That price would be the maximum, inflated retail price for a slabbed coin. I'll sell anyone as many as they want for only $10 in MS-67 raw. LOL
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eaglefoot's Avatar
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6326 Posts
 Posted 11/07/2011  11:27 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply




Yeah........I was gonna say...... WOW ! ...... I don't think many folks would pay .05 Cents for a M-66 2007 Cent !
They're pretty "common".
I know to completely disregard A LOT of price lists that I see......they either aren't "current"......or they're just plumb highly inflated as Thad said.
Valued Member
tlsweet's Avatar
United States
111 Posts
 Posted 11/07/2011  11:51 am  Show Profile   Bookmark this reply Add tlsweet to your friends list Get a Link to this Reply
Thank you both. As they are very common I was wondering the same thing. I used to think numismedia was a good starting point to learn values of coins. How do they get their information?

I know what we spend on a coin is how much we want to or can afford, but isn't there a good way to tell is you are in the right price range?


Should I stick to one of the newsletters over on CDN?

I saw many dealers using these at the coin show.

Thanks,
Teena

Edited by tlsweet
11/07/2011 12:01 pm
  Previous TopicReplies: 3 / Views: 1,777Next Topic  

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