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Presidential Dollar Proofs - Huh?

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Valued Member
Stephen420's Avatar
United States
411 Posts
 Posted 09/11/2007  3:35 pm Show Profile   Bookmark this topic Add Stephen420 to your friends list Get a Link to this Message Number of Subscribers
For what it's worth, I think these are among the ugliest coins the U.S. has ever produced. Thomas Jefferson is the worst so far; he looks like a character from Saturday morning cartoons. And Madison looks like Dracula on his.

Anyway, I remember spending the first day on the Internet and phone both, just trying to get through to purchase a $25 roll that (in retrospect) might in ten years be worth as much as, well, $25.

In retrospect, I was optimistic. But since the very same day, they announced pre-orders on the proof sets, I thought I'd just pre-order a proof set or two, just in case. Well, that was a bust. You can't go out of the house without tripping over these proof sets. But, hey, if you like the coins, it's only $14.95. As an investment, though, I think not.

But, here's a guy who disagrees :

http://cgi.ebay.com/2007-PRESIDENTI...KE_W0QQitemZ250162162490QQihZ015QQcategoryZ149688QQssPageNameZWDVWQQrdZ1QQcmdZViewItem



Maybe I should buy a few more?
Valued Member
lucifer's Avatar
United States
189 Posts
 Posted 09/11/2007  3:39 pm  Show Profile   Bookmark this reply Add lucifer to your friends list Get a Link to this Reply
I personally like the idea of the Presidential dollars and the first lady pieces. There nice to have but like everyone has told me not a great investment.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 09/11/2007  5:23 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
The guy in the link you posted is selling the grades not the coins, if it were NGC or ICG the 70 grade may not matter all that much but PCGS don't like giving out very many 70 grades, in my opinion just to keep the population reports down

quote:
I personally like the idea of the Presidential dollars and the first lady pieces. There nice to have but like everyone has told me not a great investment.

I think the First lady coins will do better as an investment because atleast they are made of gold
Edited by Bryan1315
09/11/2007 5:26 pm
Pillar of the Community
arthrene's Avatar
United States
1713 Posts
 Posted 09/11/2007  5:32 pm  Show Profile   Bookmark this reply Add arthrene to your friends list Get a Link to this Reply
quote:
A VERY RARE AND BEAUTIFUL SET-VERY TOUGH TO GET ALL FOUR OF THESE COINS GRADED PERFECT BY PCGS!


Valued Member
Sagan's Avatar
United States
57 Posts
 Posted 09/11/2007  6:41 pm  Show Profile   Bookmark this reply Add Sagan to your friends list Get a Link to this Reply
Actually, it is very rare for PCGS to grade the Pres Dollars in PR70, as Bryan mentioned, they are being EXTRA stingy in their grading. Now worth US$2,800 dollars? No way in hell, maybe $800 for those crazies that must have PR70 coins...
Pillar of the Community
United States
1231 Posts
 Posted 09/11/2007  7:15 pm  Show Profile   Bookmark this reply Add onejinx to your friends list Get a Link to this Reply
The reason the seller has to ask for $2800 is to pay for all the presidental dollars grading fees from all the other that they sent in and came back as PR69's

What a waste of money!!
Pillar of the Community
fengk's Avatar
United States
986 Posts
 Posted 09/11/2007  7:19 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
The saddest part is that some registry guy will probably pony up that kind of money for those coins. Personally, I really hate the designs.
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Spider5689's Avatar
United States
2269 Posts
 Posted 09/11/2007  10:06 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I cannot believe the seller is asking that much for the set, even though they are graded PCGS.
Valued Member
magusxxx's Avatar
United States
306 Posts
 Posted 09/12/2007  11:03 am  Show Profile   Bookmark this reply Add magusxxx to your friends list Get a Link to this Reply
Everyone sing with me!

First.First.First Strike you're out at the ole'.ball.game!
Pillar of the Community
Bilbo's Avatar
United States
812 Posts
 Posted 09/12/2007  11:40 am  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
quote:
--------------------------------------------------------------------------------
I think the First lady coins will do better as an investment because at least they are made of gold
--------------------------------------------------------------------------------

I agree. They are made of gold, have a very limited mintage, and sell out within a couple hours of going on sale.
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