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Allen's Journal

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ngc cencus ??

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Allen

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!972 5c pf69 ultra cameo

So I noticed on a couple differant auction sights that quite a few 1972 5c ngc pf69 ultra cameo coins have been showing up for sale. Then I noticed that all the coins have the same first 7 numbers. Then I did some research to verify the ngc cerification numbers . so It looks like someone has cerified 85 of these 1972 5c pf coins and out of 50 numbers I verified Only 2 were pf68 ultra and the rest are 69 ultra. So lets just say about 75 of these coins are 69 ultra. Now the Ngc Census says there are 126 pf69 ultras. Im not sure when these coins were graded but I find it hard bo belive that these coins are reflected in the total number in the census. So If I am correct this should significantly affect the census number.And The coin price, although the price seems about right at 87 dollars

In retrospect this is why I find it difficult to pay extremely high prices for the modern era coins As I contend that such a small percentage of these coins have been inspected and certified by dealers and collectors.

do any other collectors have an opinnion on this topic?

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