My submission of Zimbabwe coins, as of yesterday, is officially “received” at NGC, but it’s that weird new kind of “received” where you cannot click on the invoice number and can’t see any of the line items. They just took them out of the box and put the invoice number in to say, “See! We got it! Now go away and stop bugging us about your box!” Joking! Said with love, folks!
Anyway… I have been thinking about my MS65 10C coin, and the fact that it’s a TOP POP - that I got for $21 after it sat unsold for months - because it is literally the only one of those that has been graded. It got me thinking and got me to look at the pop reports… and the population of NGC graded Zimbabwean coins is… insanely small!
There are 28 Zimbabwean coins that have been graded by NGC. 28! That is it!
Twelve (12) of those 28 - nearly half of them - are S$10, 1996 Wildlife series issues that I’m thinking are NCLT.
Seven (7) of those, from what I can see, are proof and proof pattern strikes from 1980.
Only Seven (7) that I can see, are circulation strikes - only 25% of that tiny group.
There are 2 that are listed in the pop report denomination summary that I can’t find in the detailed breakdown for some reason.
Still, only 7-9 NGC graded circulation strike coins. Under 10. And I already own one of those.
Of the 13 coins in that submission, 10 are going to be the first and only circulation strike coin of that type that NGC has graded, including all of the 5 2014 Bond Coins I’m submitting. So, assuming no details grades, all 10 of those will automatically be TOP POP as soon as they are in the population just by grace of having no competition, unless someone else has their own coins ahead of mine in line in the pipeline! So, barring that, the set will have AT LEAST 11 TOP POP coins - no matter how terrible those grades come back!
The other three coins, the 1C Km-1b, the $10 Km-14 and the $25 Km-15 are all up against 1 graded MS competitor that they have to beat. The $10 coin wins as long as it comes back MS like the seller advertised - it has to beat an AU55. The $25 coin wins as long as it comes back as Choice Uncirc (MS63) or better - it has to beat a MS62. The 1C coin has the hardest job - going against a MS65RD. I think it will get a RD. We’ll see on the 65.
It'll be interesting to have a set with such a high concentration of top pops, even if it is mostly a technicality, just because I don't generally own a lot of top pop coins and notes. Most of what I buy is already graded and I'm usually just not willing to pay the incremental premium for a top pop. Many of the top pops I do have are things I graded myself and lucked into - like three Zimbabwe checks I have coming back. My 10G set - one of the prides of my registry - doesn't contain a single top pop coin.
This is going to feel like the NGC Registry equivalent of congratulating my 3 year old on his participation trophy in soccer - after I had to force him to put on his cleats and go out for almost every game.
Winning by default, folks. That’s how you do it!
The whole thing, just looking at and seeing those numbers, just really explains why searching on eBay for NGC graded Z coins always turned up NOTHING, and it honestly makes lucking into that 1 dime in some ways all the more shocking than it was.
It really drives home that the only way this set was ever going to get made was if I did the grading myself.
Now just to wait to find out the grades. I'm very hopeful for the bond coins and maybe some of the others… I think the non-bond 1C, 20C, and 50C at least will do decently well and grade in the MS range. I’m more worried about the 5C, 10C, $1, $10, and $25.
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