1956 3d PCGS MS66 Sells for $3750

markn · April 21, 2014, 07:36:48 PM

Plus commission in tonight's Pacific Rim Easter Sale Auction. Amazing price.

markn · April 21, 2014, 07:39:39 PM

How about a 1928 Half Penny in PCGS MS64RB+ for $10,500 plus juice?

dcoin · April 21, 2014, 07:42:00 PM

Quote from: 'markn' pid='47030' dateline='1398074979'How about a 1928 Half Penny in PCGS MS64RB+ for $10,500 plus juice?

WOW, just WOW!!!!!!!!!!!

trout · April 21, 2014, 07:51:44 PM

Bloody ridicules I recon, What is happening here are dealers positioning prices to inflate the market ? :angel:

purplepennyhunter · April 21, 2014, 08:25:11 PM

With regards to the 3d it's all about available coins. There's 6 on the population. Mark and I both have one, Emu has one in his 3d set -that's half of them accounted for. The threepence is a popular series to collect.

echidna · April 21, 2014, 08:55:10 PM

Fingers will be burnt I think.
There is no shortage of choice UNC QE2 coins.
More will come out of the woodwork.

trout · April 21, 2014, 08:57:30 PM

Quote from: 'purplepennyhunter' pid='47035' dateline='1398077711'With regards to the 3d it's all about available coins. There's 6 on the population. Mark and I both have one, Emu has one in his 3d set -that's half of them accounted for. The threepence is a popular series to collect.

I would imagine that that sort of price will bring many of these out of the woodwork :ok:

markn · April 21, 2014, 09:03:33 PM

Quote from: 'trout' pid='47037' dateline='1398079650'I would imagine that that sort of price will bring many of these out of the woodwork :ok:

Possibly but I bet the next one doesn't get even half that price. The market at the top end is very thin and once all the registry set players have a coin there's little support left for such strong prices. PPH and I have had our coins for several years and were bought when prices were much, much, much, much lower

The coins came out of the same mint roll.

emu666 · April 21, 2014, 09:11:33 PM

Quote from: 'trout' pid='47034' dateline='1398075704'Bloody ridicules I recon, What is happening here are dealers positioning prices to inflate the market ? :angel:

No. These were auction prices. What you are seeing is a case of very keen collectors for who will pay huge money for top population coins.

accumulator · April 21, 2014, 10:19:07 PM

As 2 of the holders of such fine pieces you all3 of you must be very happy with the achieved price of the 56 threepence.

Triggersmob · April 21, 2014, 10:39:31 PM

I will settle for mine in VF at $1.50.

ausproofs · April 27, 2014, 08:11:05 AM

Hi Guys,

I am a newbie here ( collecting for a while, but first time on a forum) ... I agree sometimes people pay ridiculous amount of money for "not so rare" coins just because they are the top of the pop. If it was an early low mintage coins, I can understand.. But later coins you never know when the collectors pulling out their collections and start grading them with PCGS... I have been burnt ... Bought an equal finest Shill a while back (1952 MS 65) checked the pop chart, there is a MS 66 available... So all that money I paid, gone to waste... Most of the time the word " equal finest or single finest" gets good money... But the risk is you will loose that position in a heartbeat when someone else gets their coins graded with top grades.. My 2c worth...

Love to hear what you all have to say..

PS - glad finally I got an opportunity to post here :yahoo:

markn · April 27, 2014, 08:21:44 AM

Quote from: 'ausproofs' pid='47499' dateline='1398552065'Hi Guys,

Welcome to the forum.

ausproofs · April 27, 2014, 08:24:21 AM

Thanks Mark... This is a really good place to learn about coins and what is happening in the marketplace. Looking forward to contributing as much as I can ....

markn · April 27, 2014, 08:27:18 AM

Quote from: 'ausproofs' pid='47502' dateline='1398552861'Thanks Mark... This is a really good place to learn about coins and what is happening in the marketplace. Looking forward to contributing as much as I can ....

You are most welcome. I like your observations about buying late date top pop coins. It's not an inherently bad thing to do but you should expect that your "top pop" probably won't be forever.