2009 Ultra High Relief Sells for $16,000...
Ian Russell on Sun, Oct 23, 2011 06:42:42 PM
The Trifecta Ultra High Relief, graded MS-70, Prooflike and First Strike by PCGS sold for $16,000 when an East Coast client clicked the Buy Now button at GreatCollections last night.
To view the original listing: Ultra High Relief (UHR) Trifecta Sells for $16,000
The coin has a PCGS population of just 15 examples and it is the first of the 15 sold on GreatCollections.com. It was listed last week with a minimum bid of $12,500 or Buy Now of $16,000. If someone had bid the minimum $12,500, then the Buy Now would have disappeared and it would have ended next Sunday by auction. The buyer obviously didn't want to risk losing the coin for a higher bid and elected to use the Buy Now option instead.
The U.S. Mint issued the Ultra High Relief in 2009 at an issue price of just $1,189. Even the basic coins that grade MS-69 regularly trade for over $2,650 today, which represents one of the best investments in coins over the past few years for a new issue. Some clients were lucky and received Prooflike examples, which can sell for over $7,000 each.
We are continuing to sell record numbers of Ultra High Reliefs in all grades and services. If you have any for sale, please contact us, and likewise, if you are looking for a particular coin, please let us know by telephoning 1.800.442.6467 or e-mail mailto:[email protected]
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