2011P-1D0-004 for sale

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  • georoxx

    #16
    Originally posted by Roller
    Thanks Tiny. Remember that 100 coins is a dropp in the bucket. If that's all that is found (and it won't be) it would be worth a million+ a-piece.
    Maybe I'm in the minority here, but I'm not on board with this line of thinking.

    -George

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    • Roller
      Member
      • Feb 2010
      • 6975

      #17
      Originally posted by georoxx
      Maybe I'm in the minority here, but I'm not on board with this line of thinking.

      -George
      The million+ was intended as an obvious come-on (hyperbole). Who knows what it would be worth under that hypothetical. Or is it some other part of the message that you refer to?
      Last edited by Roller; 06-23-2011, 08:27 AM.

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      • dvn

        #18
        The supply and demand as well as the amount of publicity of the variety will be the key factors.

        Billy

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        • georoxx

          #19
          No. I was referring to the million+... and it's all good.

          I didn't get the "hyperbole" from your message. First of all, if one person has 100 of them, I would think there are many more out there. It's not impossible that you found the only 100 ever minted, but I think most would agree that to be unlikely. (None of this, of course, diminishes the impact of your find. This is for sure.) Even if (for discussion's sake) those ended up being the only 100 ever found, they would command quite a nice premium. However (as a reference), only one 1943-D cent in bronze is known to exist and it sold in for $1.7 million last year. Can they be compared..? Probably not in reality, but in terms of known scarcity, perhaps they can be.

          Just one person's opinion, I guess.

          Have a great day.

          -George

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          • Roller
            Member
            • Feb 2010
            • 6975

            #20
            Originally posted by georoxx
            No. I was referring to the million+... and it's all good.

            I didn't get the "hyperbole" from your message. First of all, if one person has 100 of them, I would think there are many more out there. It's not impossible that you found the only 100 ever minted, but I think most would agree that to be unlikely. (None of this, of course, diminishes the impact of your find. This is for sure.) Even if (for discussion's sake) those ended up being the only 100 ever found, they would command quite a nice premium. However (as a reference), only one 1943-D cent in bronze is known to exist and it sold in for $1.7 million last year. Can they be compared..? Probably not in reality, but in terms of known scarcity, perhaps they can be.

            Just one person's opinion, I guess.

            Have a great day.

            -George
            I have no problem with your reasoning, George. Believe me, I'm the first one to say that many more are out there. I think that the estimated/suggested values (on CC for instance) take into consideration that a certain unknown (but, in this case, a relatively large) nuber of these coins will be found. The next question is; In what condition?
            As for my finds, I can tell you that they all came from a single source and I did not get it all. The rest are out there being re-cycled in the neighborhood. I will add that despite my having garnered several boxes of 2011s from other branches and other banks in my area, none had any of these in it. My surmisal is that there will not be another concentration like this (at least not in my area). The rest will be interspersed with other coins as they go through the mill time and again.

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            • georoxx

              #21
              Originally posted by Roller
              My surmisal is that there will not be another concentration like this (at least not in my area). The rest will be interspersed with other coins as they go through the mill time and again.
              Agreed. (...and probably not in any area, but anything is possible, I guess.)

              -G

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              • dvn

                #22
                Since Roller is in Miami I couldn't resist...

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                • wolfkill

                  #23
                  what the!!! thats great

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                  • Roller
                    Member
                    • Feb 2010
                    • 6975

                    #24
                    LOL Billy.

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                    • Cdiddle
                      Member
                      • Jul 2010
                      • 974

                      #25
                      VERY good Billy. Thank you.
                      Cindy

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                      • graveyard_guy

                        #26
                        Originally posted by georoxx
                        only one 1943-D cent in bronze is known to exist and it sold in for $1.7 million last year. Can they be compared..? Probably not in reality, but in terms of known scarcity, perhaps they can be.

                        Just one person's opinion, I guess.

                        Have a great day.

                        -George
                        40 1943 copper-alloy cents are known to remain in existence. at least that's what the US mint say's

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