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 Replies: 14 / Views: 4,992 |
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Moderator
 United States
16677 Posts |
Just saw the Stacks add in Coin World. Sold in August. Highest price ever paid for a modern U.S. coin (PCGS MS68) I can think of so many other coins, specifically Classics, that I would rather have personally. I wonder if the next time around it will sell for this...hmmm. swcoin.ecrater.com
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Valued Member
United States
76 Posts |
As a newbie I really don't understand coin collecting sometimes. Error coins, die breaks, double strikes, etc. I just can't seem to relate to that. I know that this coin is rare but a Ferrari GTO is rare. IMHO this is the equivalent of a Chevy Cavalier with a missing "v" on the nameplate selling for a six-figure sum (or missing brake pads on the new Chevy small car I just saw on the news today). Yes I would rather have a few tubes of the one oz. AGE ultra high relief coins. This is just silly.
To each his own I suppose.
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Moderator
 United States
16677 Posts |
Welcome RealMetal. This coin is probably top pop (highest grade for type"), but I personally find nothing exciting about this coin. This would be considered a variety I believe, more than likely caused by an overpolished die.
swcoin.ecrater.com
Edited by vermontensium
12/30/2011 9:35 pm
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Pillar of the Community
United States
3592 Posts |
OK...what am I missing here ? I thought the 1975-S dimes were proof only.
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Moderator
United States
16677 Posts |
This is a proof, missing the S
swcoin.ecrater.com
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Pillar of the Community
United States
3592 Posts |
OK..when I saw MS-68, that threw me off. Wouldn't it be PR-68 ?
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Moderator
United States
16677 Posts |
Oops...yes, PR68, sorry.
swcoin.ecrater.com
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Bedrock of the Community
United States
11951 Posts |
If it helps understand ... there are only two known 1975 no S dimes.
If what I read is correct
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Pillar of the Community
United States
3276 Posts |
My goodness. I could have an awesome completed dansco 7070 for the price of that one coin. I can't imagine paying that for a modern roosevelt, no matter how rare it is.
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Moderator
United States
16677 Posts |
My point exactly.
swcoin.ecrater.com
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Bedrock of the Community
United States
10045 Posts |
Even if I could actually afford a coin like that, I would try to get more enjoyment from my $350K than that solitary dime. I'm not sure it's a good investment either, because sometimes an auction frenzy pushes the price to an early peak, then interest tapers off. If money were no object, I'd prefer to buy coins like this, which will always have strong demand.  Edited by DVCollector
12/31/2011 05:28 am
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Pillar of the Community
United States
3276 Posts |
I agree man. I'd say any very high grade from the late 1700's would be an awesome coin to own/investment. They'll always be in demand.
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Valued Member
United States
67 Posts |
I love that 1795 coin ! Wish I had one....
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Pillar of the Community
United States
1204 Posts |
Ultra rare coin plus its a error missing the mm !
I dont know why you guys are so surprised ?! The 22 plain is way more overated as it sells for a lot in any grade and its only a regular coin made by a over polished die not even a error but the 68,70,75 and 83s no s are proof coin from proof sets only and a error in a proof is very rare duo the quality control for a proof and low mintage .
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Bedrock of the Community
United States
17884 Posts |
Quote:
This would be considered a variety I believe, more than likely caused by an overpolished die. Not an overpolished die, the die never had the mintmark on it. Most likely it is a Philadelphia business die that was accidentally shipped out with the proof dies for polishing and then sent on to San Francisco. Same thing that caused the 1998-S and 1999-S CAM cents. Business strike dies shipped to San Francisco in error. |
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Replies: 14 / Views: 4,992 |
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Posted 12/30/2011 6:48 pm
