investinrehabs

Someone is selling a few Libertys NGC PF70on ebay, with the ANA Chicago coin show label, for $499.99. I don't know if anyone will pay that, but they're for sale.

RWB, my mistake. The quarter tube was 40 coins, not 25.

There's no way he paid $32 a coin. He took all of the coins out of the proof sets they had and are selling them separately. The Kennedy tube had 20 coins in it and the quarter tube had 25 in them. The  coin shop I'm dealing with, probably has at least 300 or 400 proof sets. He opened up the safe and I never saw more proof sets in my life! Plus, he probably has at 100 sets out on display. 

Hoghead, actually, the coin shop is very well respected within the community. They typically have very good prices and I truly think he didn't want me to damage the coins by taking them all out.  I bought new generic silver rounds yesterday for $27 each. I think that's a fair price. But I do appreciate your response.

RWB......What bothered me, is that they put them in a tube! So I think I'm safe to "assume" that that destroyed any chances of grading any on the 40 coins. 

Thanks for your reply.

My LCS also has tube of silver proof quarters for $235. I looked at a couple of them and and they were proofs from sets and in mint condition. I saw a couple of 2019's and some 2017's. He didn't want me to pull them all out, because they're proofs and he doesn't want them to get scratched up. Is that too high of a price for silver proof quarters?

Thanks

Everyone, they are all silver and in proof like condition. However, he said they're all from 2000 and above. It looks like I'll pass. Thanks for the advice.

My LCS is selling a tube of random dated silver proof Kennedy halves for $250. They were all taken out of proof sets. I'm not real familiar with the pricing of silver Kennedys, but I looked some up on ebay and they seem to be going for decent prices. In your opinion, is $250 a good price?

Thanks in advance,

Scott

How nice to wake up and have my dreams of being a millionaire crushed! LOL. I appreciate the responses and all of you taking time out to let me know. One last question. Why would anyone bother to nickel a plate a cent??

Scott

If it was nickel plated, that doesn't explain why there only seems to be 30% copper in the coin. I believe it's suppose to be 95% copper . The odds of the cent being extremely rare are incredibly high. But I think it's worth checking it out. Thanks everyone for your input.

I watched the video and it's very possible it was dipped in mercury. The extra weight of .22% lead might be from the mercury.  However, the composition of it still doesn't make sense. I looked up what metals mercury reacts with and it doesn't react with zinc. So I'm trying to figure out why no zinc showed up in the makeup, why the nickel shows up and shows up in such a high quantity. Maybe the mercury is "throwing off" the machine that analyzes the metal. I don't know!

Yes, it's 3.22 grams, which is high. IF the composition is correct, either the nickel content or lead content is what most likely increased the weight over a regular cent. IDK, the whole thing is bizarre. But the fact that no one has ever discovered one of these, makes me think there's an explanation for it. I just don't know what it is yet!

I didn't know that it would throw off the composition reader. 

The metal composition of the cent wouldn't change to 69% nickel!

I'm not a newbie, but I'm totally baffled by a 1979 Lincoln, (no mint mark), cent I have. I went to 3 coin shops and all three of them told me that they're baffled as well. The composition of the cent is as follows: 69.79% Nickel....29.99% Copper and .22% Lead. It looks like a "steel" cent. However, there is no steel in it and it doesn't stick to a magnet! All 3 coin shops looked at it closely and said it does not look like it's a counterfeit. It doesn't resemble a copper cent at all as far as the "color" goes. Has anyone ever run across one of these? I researched it and can't find one single article about it. The pictures I'm attaching make it look like a copper cent, but it looks just like a steel cent. I'm very curious if anyone has run across one of these.

10 hours ago, Mohawk said:

investinrehabs......you'd better do it fast if you're thinking about flipping.  As I said in my previous post, these coins are right on track to having some of the highest mintages of any modern US commemorative issue.  Once they start getting out there in larger numbers (which will likely happen soon), the insanity is going to wear off fast.  Once again, it's the 2014 Baseball coins all over again.

Mohawk, I think I'll pass. That's a ,ot of money just to have it graded. I'll just tuck them away with the others and let my heirs have them! 

52 minutes ago, DrRich67 said:

After getting my coins i thought about getting them certified. After going through the form it looks like it will cost me almost $300. The coins only cost $215. I think i will forgo certification. 

I've never had a coin graded. What would it cost me to send in the 1 ounce silver Apollo 11's, to have them graded? It seems that it might be well worth it, considering the prices they're getting!

43 minutes ago, Matt_dac said:

The markup games have begun....there are a few Ebay sellers advertising at cost but the highest markup I found is a First Day of Issue PF70 $5 gold (presale) of $995 OBO. 

As we know the 'First Day of Issue' label is reserved only for those making a bulk submission for grading, even though 15K+ people bought the same coin at the same time (on the first day). 

Wow...

 

Matt, can you believe that? I think people are going to be VERY sorry that they bought the graded coins. I could be wrong, but the mint isn't even sold out yet of the silver 1 ounce. It's  going as high as $200 graded (70). Idk, it'll be very interesting to see where the prices go on these. I might send mine in for grading!! 

BTW, did anyone else notice that the 1 ounce silver COA doesn't mention the purity of the silver? I thought that was odd. 

1 hour ago, USAuPzlBxBob said:

My computer crashes when I attach pics from my MacBook Pro's Photos folder.

Last week, I thought I could drag and drop a photo into the attachments window on this very site.

Had the worst crash ever.

Took me 5 hours of trial and error combination keystroke ideas to finally get it to boot up.

Maybe I'll get one up, but I'm just asking for trouble if I do.

I don't even browse my photos much, anymore.  And all my coin photos are in the Photos folder.

I'd send you guys pics, but the fricking coins just shipped yesterday! I must have been on their "bad boys" list...... because I ordered them the first day! 

Ok. Thanks.

I placed 2 orders the day they went on sale. I live near Chicago and it says the shipping labels have been created and that's it!. How did you get yours so soon?!! Just out of curiosity, what state are you in? Thanks

I hope this cold weather doesn't affect the coins. It's gonna be 20 below zero in Chi town tonight and my coins are on their way! 

2 hours ago, Matt_dac said:

$418.75 for the $5 Gold version.

I don't buy many gold coins, but isn't that a pretty steep price? 

VKurtB,

Interesting analogy on the clad half dollar. I'm fairly new to the ins and outs of collecting, but why in the world does the mint put out these half dollars and not make them in silver? They're doing a reverse proof Kennedy half, for the half dollar "set" and neither coin is silver. I would think they would sell a ton of them if they were silver! IMO...$54 for 2 halves is a very high price too. Do you think the set is worth buying? They're minting 750,000 of them, so that seems to me that that's a lot of sets. I just don't know if I should bother spending my money on buying the sets. What's your thoughts?

I have another question for you experienced collectors. The mint is selling the Apollo 11 and a Kennedy half in a "set." They want an astounding $54 for the 2 coins. So I looked at the composition of both coins and low and behold, there's not a gram of silver in either coin. IMHO, that price is outrageous! I could understand the price if they were maybe 50% silver or whatever. So I'm really curious to see what you long time collectors think about the price. Maybe I'm missing something here! Thanks in advance.