1992 p close am....ms 67

[joeturbo26]

Man...I think its awesome that the buyer and seller are both here. Plus it was found in a roll. Its like a lottery win, amazing

Awwww Sean and I were just joking lol. Please.... I haven't found anything floating around more valuable than 1% of this coins eBay fees! Hahahahahah

[lara4228]

Dear me,

I top was just joking around about getting outbidded. I never threw a bid up.

I was tempted though. But the realization that i don't have that kind of cash flow sort of stopped me lol

Sent while off the computer from my galaxy note hybrid smartphone

[Roller]

I'd haveto see the money and coin change hands to believe this one. Call me Thomas.

[WaterSport]

Unless you have the cash, that coin and its sister 1992 D that recently sold , are big gambles. I do not see them "increase" in value as the pops are going to go up just like they do with most all modern coingae. Thats right I said go up in pops. Here is why. First the mintage alone of these coins is around 4.5 BILLION each. Lets assume one die was made for each cent for the production "experiment". I am not aware of modern coin die life expectancy, but pre 1930 was about 200,000. But even if the Mint made a few hundred each, the coins current prices will make the headlines, books, mags, etc and will have even more folks than us looking for them. I might add, it only cost 50 cent to get a roll to search, compared to getting a roll of circulated 1910 S cents to search for a S/S variety. Everybody wants to dream, but your looking at coin that is valued in the price range of a 1909 VDB Matte proof with a production of 420 and and estimated survival of 1/2 that. Note there are a lot more variety collectors than folks wanting a 1909 VDB MPL, but anyone with marginal funds or who would take a loan out to buy a 1992 Close AM cent thinking they would resell it later and make their money back and then some, is a fool. Lets be real people. The 1992 D was bought by a dealer/collector for his private set. He had the #1 Lincoln set at PCGS for years before selling it. He is rebuilding again and money is no object. Thats is what is making these values go so high.

WS

[seal006]

WS, the thing you are not seeing is that this particular coin grades MS67. That is a grade that will not be easy to match or exceed, especially in a zinc coin made 20 years ago. The rarity of this coin combined with the grade is what makes this coin special. Yes, there will be a ton of people searching, but unlike the Wisconsin quarter everyone was scrounging around for, this coin is 20 years old. I am excited at the possibilities a coin like this presents to the coin collecting hobby, especially the error/variety niche. I do not feel you will see a ton of these hit the market because they were not hoarded like the 1955 DDO, the 1972 DDO, or the three legged buffalo. These varieties were spotted once they were released. This one has really only taken off in the past few years.

I have been wrong before, but I have been in this hobby for many years. I have been involved as a seller of antiques and collectibles for almost 20 years. I know how trends work. I have seen markets and how they flow. Will this coin be worth $20K five years from now? Probably not, but then again if it is the only MS67 with no coin higher graded, it could be worth even more.

[WaterSport]

I totally see your point and both our views can only be sorted out with time. A 67 in a scarce variety is rare, but here again, the 67 examples for 92 and 92 D of regular business strikes are not. Both coins are showing pops well over 400 and plenty of 68's as well. No doubt those numbers get doubled and tripled when you add NGC and ANACS in to the tally. So the strike for that year is showing up good for other examples to be found. Now how many variety examples, only time will tell.

WS