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2011 Red Book 1856 Flying Eagle

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4721butch's Avatar
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286 Posts
 Posted 01/11/2011  3:58 pm Show Profile   Bookmark this topic Add 4721butch to your friends list Get a Link to this Message Number of Subscribers
2011 Red Book page 110 why is the 1856 ms-63 $22.000 worth Moore then pf-63 $17.500 I am just Curious thanks
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Maineman750's Avatar
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3592 Posts
 Posted 01/11/2011  4:25 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
My guess is that the MS coin is harder to come by...it does happen...population reports probably have something to do with that.Numismedia FMV also lists the MS coins as more valuable.
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4721butch's Avatar
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286 Posts
 Posted 01/11/2011  4:29 pm  Show Profile   Bookmark this reply Add 4721butch to your friends list Get a Link to this Reply
maineman750 thanks that is how I learn
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TreasHunt's Avatar
United States
2540 Posts
 Posted 01/11/2011  6:06 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Yup, what Maineman said, the proofs are more 'common' than uncs.
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Conder101's Avatar
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17884 Posts
 Posted 01/12/2011  1:19 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Of course actually determining which is scarcer is rather difficult since as of a few years ago PCGS decided to call ALL 1856 flying eagles Proofs whether they were proofs or MS. They came to that decision after being called on the carpet several times for certifying MS only die combinations as Proofs and Proof only die pairs as MS. They could not consistently identify proofs and MS versions and when they tried to do attributions of the dies they couldn't get them correct consistently either. SO they just gave up and now call everything Proof.
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lukkyseven's Avatar
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880 Posts
 Posted 01/12/2011  3:35 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list Get a Link to this Reply
So buy one from ICG or NCG then? Since I got that kind of money to throw around - lol
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mdh157's Avatar
United States
952 Posts
 Posted 01/12/2011  8:25 pm  Show Profile   Bookmark this reply Add mdh157 to your friends list Get a Link to this Reply
Those coins are gorgeous........proof or unc
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United States
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 Posted 01/13/2011  11:44 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Might be just an error too. If you look at the 2010 book, same page number you would see both are listed as $22,000
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WheatBackBill's Avatar
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155 Posts
 Posted 01/13/2011  12:03 pm  Show Profile   Bookmark this reply Add WheatBackBill to your friends list Get a Link to this Reply
Great Point - You see this a lot with Franklin Proofs.
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4721butch's Avatar
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 Posted 01/13/2011  4:54 pm  Show Profile   Bookmark this reply Add 4721butch to your friends list Get a Link to this Reply
i might have to go and buy a couple of them 1856 fec yaah right
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DVCollector's Avatar
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10045 Posts
 Posted 01/13/2011  5:18 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
According to Rick Snow, the mint-state coins originate as one "business strike" die pair (Snow-3), also showing a repunched date. This die pair was also the original pattern struck by Longacre for Congressional approval, and has greater demand today. The proofs represent a later strike of 1500 coins versus the original run of 500 from the Snow-3 die pair.
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United States
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 Posted 01/13/2011  10:11 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
According to Rick Snow, the mint-state coins originate as one "business strike" die pair (Snow-3), also showing a repunched date. This die pair was also the original pattern struck by Longacre for Congressional approval, and has greater demand today. The proofs represent a later strike of 1500 coins versus the original run of 500 from the Snow-3 die pair.


Sounds like your planning on buying one of each.
I would.
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