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Does A Top Pop Coin Have A Large Impact On It's Value?

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Jsalsa123's Avatar
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 Posted 11/16/2016  08:24 am Show Profile   Bookmark this topic Add Jsalsa123 to your friends list Get a Link to this Message Number of Subscribers
Yesterday my PCGS order was processed and my 1955-s/s/s FS 501 came back a MS 67. Previously the highest grades where 2 at MS 66+. Does having the top pop matter much when it comes to value? They do not have a price for it, how might one try to determine a value? How might I value this coin for insurance if I have no other MS 67 to compare?
Edited by Jsalsa123
11/16/2016 08:37 am
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John1's Avatar
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 Posted 11/16/2016  08:44 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I would think it would be worth more than the 66's.
John 1
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Jsalsa123's Avatar
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 Posted 11/16/2016  08:51 am  Show Profile   Bookmark this reply Add Jsalsa123 to your friends list Get a Link to this Reply
Yes, I just don't want to be inaccurate as I update my insurance list of coins. Is there a general rule of thumb. Like 10% more then the next lowest or anything out there like that that is accepted?
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John1's Avatar
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 Posted 11/16/2016  09:19 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I don't think there is a rule,it is what ever someone is willing to pay you.
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Jsalsa123's Avatar
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 Posted 11/16/2016  10:02 am  Show Profile   Bookmark this reply Add Jsalsa123 to your friends list Get a Link to this Reply
Thanks John. Since I am not selling it I guess I get to make up the value. haha Hmmmmm, how much would I pay myself? $100,000? jk
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moxking's Avatar
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 Posted 11/16/2016  10:27 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Top Pop is for those seeking the very finest, usually for a Registry set. There is no set percentage as to what the coin is worth over the previously known, lower grade examples.

As for the price, I would imagine PCGS will list a price, even if it is fictitious (since it has not sold) when they update their prices. That happens at least once per month depending on the category.

Keep in mind, however, that the s/s/s is not going to be on many want lists, as it is not a "standard" coin that could be included in a Registry set.

If it were mine, unless I just couldn't part with it, I'd send it to Heritage and get the bucks I could.
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Jsalsa123's Avatar
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 Posted 11/16/2016  10:46 am  Show Profile   Bookmark this reply Add Jsalsa123 to your friends list Get a Link to this Reply
Thanks Moxking. I just started collecting under a year ago so all of this information is very important and I am very thankful for everyones responces since I joined. My first question which will show my amateur level of collecting is what are registry sets? I have seen and heard that before but I am really not sure what they are or how they operate. Also, I did find a registry set with the s/s/s, please see link: http://www.PCGS.com/SetRegistry/sho...aspx?sc=2176
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ArrowsAndRays's Avatar
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 Posted 11/16/2016  2:59 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
I'd send it to Heritage to determine value. And sooner than later, as it's currently the highest grade. If it ends up one of three, or four, two years from now, you won't get the premium. Strike while the iron is hot.
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moxking's Avatar
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 Posted 11/16/2016  3:14 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Your coin is an RPM = Re-punched mint mark.

There are certainly a fair number of collectors for these, but not nearly as many as would collect "normal" Lincoln cents.

However, the popularity may make no difference. All you need is two RPM nuts that MUST have it to up the price to the stratosphere. Not that this will always happen, but it could.

Registry is listing your coins in given collection types. Each coin in a particular grade is given points within that set. Many collectors compete to have the best example of that set or at least the best they can afford.

Note the number of collectors who have listed coins in a given category to help judge registered popularity.

For example, in NGC they have a Duel Denomination category where WLH and ASE are both included in that set. There are only 8 people who have registered sets in that category.

But there are several hundred who have sets in WLH and several thousand in ASE.
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BadThad's Avatar
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 Posted 11/16/2016  4:01 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Top-pop's generally sell for much higher than the next grade down. However, that is for "regular" coins. Varieties are a whole different ballgame since the collecting base is much smaller. Since this is a 1 of 1, you'd just have to roll the dice put it up for sale. It may sell for less than the 66's and it may sell for more, it depends on how many are interested at the time of sale.
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Coinfrog's Avatar
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 Posted 11/16/2016  4:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Exactly.
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Jsalsa123's Avatar
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 Posted 11/16/2016  5:31 pm  Show Profile   Bookmark this reply Add Jsalsa123 to your friends list Get a Link to this Reply
Sounds like the best thing to do is put it up on ebay for a crazy high price and have a best offer option.
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GR58's Avatar
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 Posted 11/16/2016  8:28 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Another thing to look at ..

I have known collectors that had top pops. Then after a couple years more
Of the same grade .. or higher were graded. Making the price of their top pop
drop.

If I had a top pop and could get a good price for it ..l I would sell.
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moxking's Avatar
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 Posted 11/16/2016  8:36 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
ebay is rarely the best alternative for top pop coins. I'd ask Heritage or Great Collections what they thought. I've always had goo luck with both of them for upper level sales.
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