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I hit the jackpot with my latest submission

Started by Dwaine,

29 posts in this topic

Dwaine

Dwaine

Posted
Posted

Line Year Mint Mark Variety Proof Grade Strike

001 2007 S SILVER MONTANA PF 70 UC

002 2007 S SILVER MONTANA PF 70 UC

003 2007 S SILVER MONTANA PF 69 UC

004 2007 S SILVER MONTANA PF 70 UC

005 2007 S SILVER MONTANA PF 70 UC

006 2007 S CLAD MONTANA PF 70 UC

007 2007 S CLAD MONTANA PF 70 UC

008 2007 S CLAD MONTANA PF 70 UC

009 2007 S CLAD MONTANA PF 70 UC

010 2007 S CLAD MONTANA PF 70 UC

011 2007 S SILVER WASHINGTON PF 69 UC

012 2007 S SILVER WASHINGTON PF 70 UC

013 2007 S SILVER WASHINGTON PF 70 UC

014 2007 S SILVER WASHINGTON PF 70 UC

015 2007 S SILVER WASHINGTON PF 70 UC

016 2007 S CLAD WASHINGTON PF 70 UC

017 2007 S CLAD WASHINGTON PF 70 UC

018 2007 S CLAD WASHINGTON PF 70 UC

019 2007 S CLAD WASHINGTON PF 70 UC

020 2007 S CLAD WASHINGTON PF 70 UC

021 2007 S SILVER IDAHO PF 70 UC

022 2007 S SILVER IDAHO PF 70 UC

023 2007 S SILVER IDAHO PF 70 UC

024 2007 S SILVER IDAHO PF 70 UC

025 2007 S SILVER IDAHO PF 70 UC

026 2007 S CLAD IDAHO PF 70 UC

027 2007 S CLAD IDAHO PF 70 UC

028 2007 S CLAD IDAHO PF 70 UC

029 2007 S CLAD IDAHO PF 70 UC

030 2007 S CLAD IDAHO PF 70 UC

031 2007 S SILVER WYOMING PF 69 UC

032 2007 S SILVER WYOMING PF 70 UC

033 2007 S SILVER WYOMING PF 70 UC

034 2007 S SILVER WYOMING PF 70 UC

035 2007 S SILVER WYOMING PF 70 UC

036 2007 S CLAD WYOMING PF 70 UC

037 2007 S CLAD WYOMING PF 70 UC

038 2007 S CLAD WYOMING PF 70 UC

039 2007 S CLAD WYOMING PF 69 UC

040 2007 S CLAD WYOMING PF 69 UC

041 2007 S SILVER UTAH PF 70 UC

042 2007 S SILVER UTAH PF 70 UC

043 2007 S SILVER UTAH PF 70 UC

044 2007 S SILVER UTAH PF 70 UC

045 2007 S SILVER UTAH PF 70 UC

046 2007 S CLAD UTAH PF 69 UC

047 2007 S CLAD UTAH PF 69 UC

048 2007 S CLAD UTAH PF 69 UC

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MarkFeld

MarkFeld

Posted
Posted
Line Year Mint Mark Variety Proof Grade Strike

001 2007 S SILVER MONTANA PF 70 UC

002 2007 S SILVER MONTANA PF 70 UC

003 2007 S SILVER MONTANA PF 69 UC

004 2007 S SILVER MONTANA PF 70 UC

005 2007 S SILVER MONTANA PF 70 UC

006 2007 S CLAD MONTANA PF 70 UC

007 2007 S CLAD MONTANA PF 70 UC

008 2007 S CLAD MONTANA PF 70 UC

009 2007 S CLAD MONTANA PF 70 UC

010 2007 S CLAD MONTANA PF 70 UC

011 2007 S SILVER WASHINGTON PF 69 UC

012 2007 S SILVER WASHINGTON PF 70 UC

013 2007 S SILVER WASHINGTON PF 70 UC

014 2007 S SILVER WASHINGTON PF 70 UC

015 2007 S SILVER WASHINGTON PF 70 UC

016 2007 S CLAD WASHINGTON PF 70 UC

017 2007 S CLAD WASHINGTON PF 70 UC

018 2007 S CLAD WASHINGTON PF 70 UC

019 2007 S CLAD WASHINGTON PF 70 UC

020 2007 S CLAD WASHINGTON PF 70 UC

021 2007 S SILVER IDAHO PF 70 UC

022 2007 S SILVER IDAHO PF 70 UC

023 2007 S SILVER IDAHO PF 70 UC

024 2007 S SILVER IDAHO PF 70 UC

025 2007 S SILVER IDAHO PF 70 UC

026 2007 S CLAD IDAHO PF 70 UC

027 2007 S CLAD IDAHO PF 70 UC

028 2007 S CLAD IDAHO PF 70 UC

029 2007 S CLAD IDAHO PF 70 UC

030 2007 S CLAD IDAHO PF 70 UC

031 2007 S SILVER WYOMING PF 69 UC

032 2007 S SILVER WYOMING PF 70 UC

033 2007 S SILVER WYOMING PF 70 UC

034 2007 S SILVER WYOMING PF 70 UC

035 2007 S SILVER WYOMING PF 70 UC

036 2007 S CLAD WYOMING PF 70 UC

037 2007 S CLAD WYOMING PF 70 UC

038 2007 S CLAD WYOMING PF 70 UC

039 2007 S CLAD WYOMING PF 69 UC

040 2007 S CLAD WYOMING PF 69 UC

041 2007 S SILVER UTAH PF 70 UC

042 2007 S SILVER UTAH PF 70 UC

043 2007 S SILVER UTAH PF 70 UC

044 2007 S SILVER UTAH PF 70 UC

045 2007 S SILVER UTAH PF 70 UC

046 2007 S CLAD UTAH PF 69 UC

047 2007 S CLAD UTAH PF 69 UC

048 2007 S CLAD UTAH PF 69 UC

 

You are aware of the fact that NGC just went to the new 100 point grade point scale, right? foreheadslap.gif

 

 

893whatthe.gif

 

 

 

devil.gif

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Dwaine

Dwaine

Posted
  • Author
Posted

Possible, but I doubt it.

 

Now I just have to wait for them to arrive and wait till I get back from Vegas before I can see them and get them up on the Bay. I may send one or two sets in to be placed in the multi coin holders.

 

893applaud-thumb.gifthumbsup2.gifyay.gif

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Zoins

Zoins

Posted
Posted
On the other hand, you could have just single-handedly depressed the market. devil.gif
Or is that deflated 893scratchchin-thumb.gif

 

Congrats. That's very impressive. Did you pre-screen these? 893applaud-thumb.gif

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Dwaine

Dwaine

Posted
  • Author
Posted

Nope, I ordered five sets of each. Looked at them and then packaged them and sent them on to be graded. I bought them to get graded and to sell on the bay. Was really expecting the majority to come back 69 instead of 70. I think I ordered on the first day they were offered. Not sure if that has anything to do with it or not. Sent them in original packing as well.

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rons

rons

Posted
Posted

AND you are going to Vegas??? You better hit the slots with your luck you will need a wheelbarrow to get all of those winnings home. acclaim.gif Very Nice headbang.gif Congrats grin.gif

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Dwaine

Dwaine

Posted
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Posted

Thanks, let's hope the luck continues. I am going to try and get a couple rolls of the new dollars to take with me and give them out as tips, etc. Be cool to see reactions I will get. Does anyone know of any cools shops to visit while in Vegas?

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jesbroken

jesbroken

Posted
Posted

how bout explaining something to a novice at ngc. i realize that these are modern issues at a reduced rate, but do you get a super discount rate for that many coins or how is it profitable to slab that many coins what with shipping/handling/insurance both ways. just curious. i have to wait until i have the most valuable coin group to send them in and then its a *spoon* shoot.

thanks jes

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Black00SS

Black00SS

Posted
Posted
Line Year Mint Mark Variety Proof Grade Strike

001 2007 S SILVER MONTANA PF 70 UC

002 2007 S SILVER MONTANA PF 70 UC

003 2007 S SILVER MONTANA PF 69 UC

004 2007 S SILVER MONTANA PF 70 UC

005 2007 S SILVER MONTANA PF 70 UC

006 2007 S CLAD MONTANA PF 70 UC

007 2007 S CLAD MONTANA PF 70 UC

008 2007 S CLAD MONTANA PF 70 UC

009 2007 S CLAD MONTANA PF 70 UC

010 2007 S CLAD MONTANA PF 70 UC

011 2007 S SILVER WASHINGTON PF 69 UC

012 2007 S SILVER WASHINGTON PF 70 UC

013 2007 S SILVER WASHINGTON PF 70 UC

014 2007 S SILVER WASHINGTON PF 70 UC

015 2007 S SILVER WASHINGTON PF 70 UC

016 2007 S CLAD WASHINGTON PF 70 UC

017 2007 S CLAD WASHINGTON PF 70 UC

018 2007 S CLAD WASHINGTON PF 70 UC

019 2007 S CLAD WASHINGTON PF 70 UC

020 2007 S CLAD WASHINGTON PF 70 UC

021 2007 S SILVER IDAHO PF 70 UC

022 2007 S SILVER IDAHO PF 70 UC

023 2007 S SILVER IDAHO PF 70 UC

024 2007 S SILVER IDAHO PF 70 UC

025 2007 S SILVER IDAHO PF 70 UC

026 2007 S CLAD IDAHO PF 70 UC

027 2007 S CLAD IDAHO PF 70 UC

028 2007 S CLAD IDAHO PF 70 UC

029 2007 S CLAD IDAHO PF 70 UC

030 2007 S CLAD IDAHO PF 70 UC

031 2007 S SILVER WYOMING PF 69 UC

032 2007 S SILVER WYOMING PF 70 UC

033 2007 S SILVER WYOMING PF 70 UC

034 2007 S SILVER WYOMING PF 70 UC

035 2007 S SILVER WYOMING PF 70 UC

036 2007 S CLAD WYOMING PF 70 UC

037 2007 S CLAD WYOMING PF 70 UC

038 2007 S CLAD WYOMING PF 70 UC

039 2007 S CLAD WYOMING PF 69 UC

040 2007 S CLAD WYOMING PF 69 UC

041 2007 S SILVER UTAH PF 70 UC

042 2007 S SILVER UTAH PF 70 UC

043 2007 S SILVER UTAH PF 70 UC

044 2007 S SILVER UTAH PF 70 UC

045 2007 S SILVER UTAH PF 70 UC

046 2007 S CLAD UTAH PF 69 UC

047 2007 S CLAD UTAH PF 69 UC

048 2007 S CLAD UTAH PF 69 UC

 

WOW! Congrats!

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Dwaine

Dwaine

Posted
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Posted

Well, here is my cost so far for these:

 

5 Clad proofs from Mint = 69.75

5 Silver proofs from Mint = 129.75

Shipping is 4.95

So from Mint I have spent 204.45

So right now my per coin cost is $4.089

 

Grading fee and shipping from NGC cost 609.60

 

Now with my per coin cost is $16.281

So add Ebay fees plus my shipping to NGC you figure on about $18 per coin.

 

So as long as I can make more than $18.00 per coin I will come out ahead. I will probably sell some as sets and some as individual coins to try and max my return.

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rexcat

rexcat

Posted
Posted
Well, here is my cost so far for these:

 

5 Clad proofs from Mint = 69.75

5 Silver proofs from Mint = 129.75

Shipping is 4.95

So from Mint I have spent 204.45

So right now my per coin cost is $4.089

 

Grading fee and shipping from NGC cost 609.60

 

Now with my per coin cost is $16.281

So add Ebay fees plus my shipping to NGC you figure on about $18 per coin.

 

So as long as I can make more than $18.00 per coin I will come out ahead. I will probably sell some as sets and some as individual coins to try and max my return.

 

Good job Dwaine. thumbsup2.gif

 

I would think with an $18 break even point you should do well with what you sell. cool.gif

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michael

michael

Posted
Posted

wow great cloud9.gif

 

i wonder what the value of these modern coins are if you break them out of their respective holders and sell them raw?? as compaired to their holdered value 893scratchchin-thumb.gif

 

 

 

as they are same exact coins hail.gif

 

 

are they worth...................

 

if they are broken out tomorrow and are raw are they worth

 

90% of their holdered value?? 893scratchchin-thumb.gif

 

80%

 

50% 893scratchchin-thumb.gif

35% 893scratchchin-thumb.gif

 

25%

893scratchchin-thumb.gif

10%

893scratchchin-thumb.gif

??% 893scratchchin-thumb.gif

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xJack

xJack

Posted
Posted
how bout explaining something to a novice at ngc. i realize that these are modern issues at a reduced rate, but do you get a super discount rate for that many coins or how is it profitable to slab that many coins what with shipping/handling/insurance both ways. just curious. i have to wait until i have the most valuable coin group to send them in and then its a *spoon* shoot.

thanks jes

 

 

First - Congrats Dwayne! That's an impressive return.

 

 

Jes, there is no discount for 48 coins. In order to get a reduced rate, you need to send 100 pieces or more of the same series/type. ie: Proof Clad Statehoods, or Commems, or BU Franklins, etc...

 

What makes it "profitable" is when you get an invoice back like Dwayne's. A well-prepared large order will return a few peaches - you break even on the chaff to make good money on the peaches.

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jesbroken

jesbroken

Posted
Posted

well Jack

big time as i am, i just sent in 4 morgans and a 59 indian and am scared to death as to their grade. they are gorgeous coins to me and many who saw them but as to how ngc will grade-go figure.

it is actually fun and should they grade well, quite profitable. if not i will not lose but should break even. not to bad a risk.

by the way dwaine-great luck and pregrading.

jes

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