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Is there an estimate how many were released? What should someone pay for one today? What is PCGS and should I have these coins graded? How much does that cost?

2007-03-11 01:04:55 · 4 answers · asked by spider30 1 in Games & Recreation Hobbies & Crafts

4 answers

They said 300 million coins were released. But not saying the number that were missing the inscription. They'll be worth some money do doubt. So far $50.00 a coin on line.

http://news.yahoo.com/s/afp/20070308/pl_afp/usdollarcoinsoffbeat

2007-03-11 01:13:49 · answer #1 · answered by redman 5 · 0 0

You are asking a question that at this time, can't be answered with any type of accuracy. Before I go spending money on a grading service, I would just sit back and see what happens. This is right now a fad thing and people trying to make a fast buck. True in the future it may be they are truly scarce, in that case by waiting you will get more. If it peters out, then you will lose. It is your decision not ours. As for prices they seem to be all over the place, only time will tell. So far the coin magazines and papers due to their dead lines, don't have a lot to say. Maybe next week issues will have more about the subject.

2007-03-11 15:32:31 · answer #2 · answered by Taiping 7 · 1 0

I, too, am wondering how much these coins will be later on down the road. I just bought two off eBay, one for $197.50 and another for $110. So far, the coins have been holding steady at $100 to $300 dollars apiece since the news reports came out on them. As for multiples, I've seen 5 of them on eBay going for around $300, $350 or more dollars and I've seen 10 go for around $700, $750. There are even people paying well over $1,000 for 10 of them. As for a pair, two of them can be gotten for $150. So far, I think those are all good prices and would definitely stick to those if you're interested in buying.

Some news reports say they are unsure of just how many of them exist though the US Mint speculates there's about 50,000 of them.

You have to keep in mind, once it came out there was an error and these coins were missing inscription, the banks and credit unions had people sit down and go through current stock to pull such coins. The coins were then sent back to the mint for re-melting. As the number of the error coins decreases, the value SHOULD increase because they'll be harder and harder to get. At least that's what my Navy coin collecting friend said.

2007-03-11 21:47:01 · answer #3 · answered by Anonymous · 1 0

Money is represent the world. If you don't trust God then you have to trust the world. Yes, you can trust yourself that it will worth something in this world. It won't worth even a penny in Heaven.

2007-03-11 09:35:17 · answer #4 · answered by Anonymous · 0 0

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