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MS67BN: The Unicorn Grade of Toned Lincoln Cents

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  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭
    edited June 5, 2021 4:57AM

    Here are TrueView photos of the recently certified MS67BN Lincolns #16 through #22 ...







  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭

    Here are slab shots of the most recent two coins, both owned by Robec, who now owns 3 of these rare MS67BN's (#10, #21, #22)


  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭
    edited June 5, 2021 6:33AM

    I believe the top owner of these rare slabs is "Terry's Coins of Color" who I think owns 9 of them. A collector with first name David owns 4. I believe that Robec, LincolnCentMan owns 3. Ronyahski owns 2. Wondercoins has 1. (Ping me if anyone has corrections). Big congrats to this rarefied group of collectors!

  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭

    New Population Report from PCGS ...

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    I missed this thread the first couple of times. Awesome work putting this together. I still remember just a few short years ago when a prominent TPG "employee" was quoted as saying that there's no market for these things. I want to say it was 2014 or 2015. We always knew different and this thread clearly proves it. PCGS changing their opinion of sorts and the registry adjustments have helped quite a bit. B)

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • yspsalesyspsales Posts: 2,515 ✭✭✭✭✭

    I have gotten several toned proofs graded.

    In my last order, they all came back MS66 with a single RD, a single BN, and two RB.

    Nice compilation!

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • CatbertCatbert Posts: 7,313 ✭✭✭✭✭

    The “unicorns” are multiplying! Seems this will become fertile territory when more are found in the wild. 🤔😬

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭

    Yes Catbert, if this keeps up ... I will have to come up with a new term other than unicorn. Maybe rabbits the way they are multiplying.

  • robecrobec Posts: 6,773 ✭✭✭✭✭
    edited June 5, 2021 7:09AM

    @WingedLiberty1957 said:
    Yes Catbert, if this keeps up ... I will have to come up with a new term other than unicorn. Maybe rabbits the way they are multiplying.

    22 out of 103,187 graded is still pretty scarce. Though I don’t doubt in the slightest more will be made.
    Or even 22 out of 27,999 MS examples graded (.07%)

  • robecrobec Posts: 6,773 ✭✭✭✭✭

    @WingedLiberty1957 said:
    Here are the two previous MS67BN's that are now upgraded to MS67+BN. These correspond to coins #2 and #6 in the list above. Both are green CAC stickered at the higher grade. These two were submitted by member GrumPig, who was also instrumental on getting many of these new seven 67BN's certified.

    CAC doesn’t recognize “+” grades. If they were stickered as 67 they would only need to send in for a replacement sticker.

  • ashelandasheland Posts: 23,344 ✭✭✭✭✭

    @WingedLiberty1957 said:
    I wanted to post some gorgeous Lincolns that appear to me to at least have a shot for eventually getting an MS67BN grade. Both of these are currently in MS66BN slabs. Just an FYI that I don't own either of these, but stumbled across them when perusing CoinFacts.

    The first one is a very clean 1913. The toning is not wild, but it's very eye appealing. Smooth and even, and the surfaces amazingly mark free with nice luster.

    The second one is a stunning 1933 with tremendous rainbow colors and nice smooth transitions, Add to that a very clean spot free surface, which doesnt often often happen when Lincolns tone this much. The toning is fantastic and reminds me of some great colorfully toned Lincolns I've bought out of old coinboards in the monster era for toning from 1938 to 1941.

    I also wanted to post the current (as of 6/16/23) PCGS population report of MS67BN Lincolns, which is up to 27 total. And MS67+BN, which is up to 3. These are still amazingly rare. Only 30 known out of well over half a million MS Lincolns graded. Interestingly, when i first posted the OP to this thread in November 2020, the population of 67/67+ was 15/0 -- and now 2.5 years later we are up to 27/3.

    Beautiful coins!

  • WiscKauWiscKau Posts: 185 ✭✭✭✭

    Thank you for your hard work and thousands of hours of work. It's a true inspiration!!

    I know this because I have done the same for the early commemorative coins series.

  • Manifest_DestinyManifest_Destiny Posts: 6,900 ✭✭✭✭✭

    Very nice research! Thanks for putting this together!

  • keyman64keyman64 Posts: 15,519 ✭✭✭✭✭

    I just read the OP again. Cool stuff!

    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • erscoloerscolo Posts: 609 ✭✭✭✭✭

    Thank you for this article and images as well as notes. My personal preference is for RD, yet all mint state Lincoln Cents are beautiful in their own right and this posting does them all a great service and educates me further as well. Thank you again.

  • SoCalBigMarkSoCalBigMark Posts: 2,791 ✭✭✭✭✭

    Here is the 41 D I gave away to someone here.

  • orevilleoreville Posts: 12,051 ✭✭✭✭✭

    @wondercoin said:
    WingedLiberty1957- thanks for the full explanation. Look, even in the case of my 56-D Cent that started this all off... if I was to ever offer out the coin, I would add something to the base value for it being the very first 67BN Cent PCGS ever awarded that grade to (and a big bonus for Lauren). Of course, I could ask any premium I wanted for my coin and no one has to ever pay it! Lol. So, while I thought your personal estimate of my coin was low, it was not offensive in any way. And, quite possibly the proper valuation for the coin, emotions and attachments aside. And, of course, like so many others with these 67BN graded coins, I believe my coin (graded 8 1/2 years ago one time through) is a sure 67+, shot 68 today.

    So, if you want to make it interesting, why not have your personal estimate for each coin (as you did) and then the owner’s personal estimate underneath that. Now, wouldn’t that be fun! At a minimum, it will show how much the owners love their coins (or how greedy they are!). I’ll start it off if you want - your estimate was $1,500-$2,000 for my coin. Owner’s estimate $7,500+ (shot 68 and first one every graded). Finally graded 67BN after how many hundreds of thousands of submissions- I forgot what you told me at the time back in 2012.

    Wondercoin

    I must remark how I have admired wondercoin from near and far how good he is in grading coins of multiple centuries.

    He assisted me when I was able to upgrade my 1904 $20 from PCGS MS-66 to 66+ . Only time I even tried to shoot for the upgrade as most of my other coins are in vintage holders and did not want to lose them.

    I distinctly recall how he and Lauren tried to teach me and my friend how to grade the post San Francisco mint- state Statehood (Parks) quarters. Amazing! It is actually very hard work!!!

    I tried to keep up with wondercoin but geez my eyes were wearing out!!! I had to stop! Same with my friend.

    No surprise I stuck with collecting classic coins as well as vintage and sample slabs. Much easier on the eyes!

    I consider wondercoin to be a good friend but due to the covid pandemic and living on opposite coasts we have not been able to stay in touch.

    A Collectors Universe poster since 1997!
  • wondercoinwondercoin Posts: 16,980 ✭✭✭✭✭

    Hey Oreville. I consider you to be a very good friend indeed! Remember all the fun we had buying from the Mint 2006-W - 2008-W burnished gold and platinum coins too! Newsflash - they turned out (too this day) to be among the rarest and most sought after modern coins ever minted! Lauren’s tutorial on grading Parks quarters at that PCGS luncheon we all attended was impressive indeed. And speaking of Lauren and grading/screening coins, I’ll tell you a funny story …

    On Thursday night Thailand time, I flew to Taiwan and then a 4 hour layover and then a 12 hour flight to Los Angeles. With the time change, I arrived in LA on Friday morning at 7:30 a.m. My wife was kind enough to pick me up at the airport and then a near 2 hour drive to the home base in Southern Orange County, CA. I then worked all day with Justin screening Ike dollars and then I had a 6:30 p.m. dinner planned with Lauren at the Cheesecake Factory to celebrate Fathers Day a couple days early. Lauren is now working 2 waitressing jobs that she loves and has 14 hours of shifts between the 2 restaurants on Father’s Day. So this was our chance to spend special time together.

    Around 9:00 p.m., a local CCE dealer wanted to drop off about 500 proof sets so I invited him to join myself and Lauren for a piece of Cheesecake at the end of my special dinner with Lauren. Lauren wasn’t thrilled we had a little biz to do at our dinner, but the life of a coin dealer can be 24/7 at times. In the end, she greatly enjoyed meeting this dealer for the first time. Anyway, the conversation got on rare Jefferson nickels and we spoke about the 1960-D. I discussed the series of events (many years ago) that had the only 1960-D 5C ever graded FS at PCGS removed by PCGS from the FS holder by a vote of “9 to 5 graders” (the great story of this 1960-D was over on the Registry Forum and can probably be found there and read to this day). This other dealer had no idea that a 1960-D 5C in true gem FS would likely be a $50,000 coin today (the MS64FS originally sold for about $31,000 a decade or so ago).

    Then, I reminder Lauren that I recently got in a mint sewn bag of 1960-D 5C and it was too bad she stopped screening coins earlier this year as I know she always enjoyed the “hunt” of trying to find spectacularly (condition) rare coins. Without a minute hesitation she asked if she could start this weekend screening the 4,000 fresh sealed 1960-D 5C in that bag on her hunt for a FS coin! Her enthusiasm to hunt down a 1960-D FS 5C was as strong as the day she taught Oreville how to grade Parks quarters! I got home from dinner around 11:00 p.m., fell asleep shortly thereafter (for the first real time in near 2 days) and about 3 hours later woke up to see Oreville’s cool post and had to type this reply. I hope to see you (and your daughter perhaps) next time I get to NYC! For now, time to try to get 3-4 more hours sleep and deal with the 14-15 hour time zone changes.

    Sorry for the rambling on - at least I have an excuse at the moment! Cheers!

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • orevilleoreville Posts: 12,051 ✭✭✭✭✭

    Sorry WingedLiberty1957, i hijacked your fabulous thread. I should have started a separate thread with wondercoin.

    Speaking of your thread, it is among the most amazing thread I have ever seen. It has it al, the history and the thinking behind the acquisition of each coin in the population report.

    Just curious , when will the first PCGS MS-67BN memorial cent appear? It had been over 60 years!

    A Collectors Universe poster since 1997!
  • robecrobec Posts: 6,773 ✭✭✭✭✭

    @oreville said:
    Sorry WingedLiberty1957, i hijacked your fabulous thread. I should have started a separate thread with wondercoin.

    Just curious , when will the first PCGS MS-67BN memorial cent appear? It had been over 60 years!

    According to CoinFacts there is a 1962 PCGS graded 67BN.

  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭

    @oreville said:
    Sorry WingedLiberty1957, i hijacked your fabulous thread. I should have started a separate thread with wondercoin.

    Speaking of your thread, it is among the most amazing thread I have ever seen. It has it al, the history and the thinking behind the acquisition of each coin in the population report.

    Just curious , when will the first PCGS MS-67BN memorial cent appear? It had been over 60 years!

    No worries Oreville. You're all good. A major objective of these forums is social in nature.

    Good investigating on the 1962 Robec! No photo available sadly.

  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭
    edited June 18, 2023 12:27PM

    I owned this coin for about 5 years, which graded MS67BN ... however PCGS messed up, no way this is a BN. Def either a RB or a perhaps even a darker RD with a bit of light toning.

  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭

    There is a 1992-D MS68BN out there somewhere. PCGS logged it. But I havent seen a photo of it.

  • orevilleoreville Posts: 12,051 ✭✭✭✭✭

    Interesting… I own two PCGS/CAC MS-67BN large cents but no lincoln cents of the same grade.

    A Collectors Universe poster since 1997!
  • SanctionIISanctionII Posts: 12,260 ✭✭✭✭✭

    This 1932 P MS66BN Lincoln was graded last year.

    I thought it had a shot at a 67BN.

    Your thoughts?

  • WingedLiberty1957WingedLiberty1957 Posts: 2,984 ✭✭✭✭✭
    edited June 18, 2023 12:29PM

    Sanct, i am terrible at predicting what grade PCGS will put on a given coin. I love your 1932 though. Really nice eye appeal. I'd score that with a "Flash Index" (which is my own personal eye-appeal ranking system I developed years ago) around 8.8 to 8.9 (10.0 is max), which is upper-tier Silver Level Toning, just a smidge below Gold Level, which starts at 9.0. Certainly that 1932 would be welcome in any high end toned BN Lincoln Set. I am guessing that PCGS might go with an MS65BN, or perhaps MS65+BN grade. But who knows really. I do know that its hard squeezing out a MS66BN grade from pcgs. And almost impossible to squeeze out a MS67BN grade. In any case, only PCGS knows what they would do (and even that changes from day to day and grading team to grading team). In any case, that's a nice eye appealing beast.

  • OldIndianNutKaseOldIndianNutKase Posts: 2,709 ✭✭✭✭✭
    edited June 18, 2023 12:48PM

    I am mostly in agreement with WL1957, especially his assessment on the degree of toning which is probably not factored into PCGS grade. I think the obverse should grade MS67. However the reverse has a huge toning (?) spot that is inconsistent with the pattern of the reverse toning, which probably limited the overall grade to MS66BN. I could also see PCGS grade this coin RB based upon the obverse toning.

    The coin looks proof quality in a non-proof year. Looks like a keeper........unless you are a dealer.

    OINK

  • coinkatcoinkat Posts: 23,400 ✭✭✭✭✭

    For a brief moment, I am taking this in a different direction. For get the grades and color designations and just look at the coins. This thread really captures the change the overall craftsmanship that simple evaporated over time as mass production changed the scope and the look of what matters. Look at the 1916-D and the detail in the portrait and the fields that just have a look that pops. Other Lincolns posted here... 1909-s, 1911-s and 1916 have what can best be described as an arts and crafts type chiseled look that was simply lost along the way. Look at the progression from what was to what became the new norm...the 1936 and 1937 cents posted and finally ending in 1957 (at the Denver Mint).

    What we see is a clear sacrifice in maintaining the artist integrity of quality in favor of quantity. What we also see is the change in artesian work that is also reflective of the times and how times change the end product that seems to go unnoticed to the majority except those that take a moment to appreciate what should be worth appreciating. There should be a sense of national pride in all of this... perhaps TR really expressed it best and at the right time but somehow that has been lost in favor of how change may not always be for the better.

    Okay... now you can go back to grades and color designations.

    Experience the World through Numismatics...it's more than you can imagine.

  • SanctionIISanctionII Posts: 12,260 ✭✭✭✭✭

    Oops.

    My mistake on the 1932 cent. Instead of MS66BN it graded MS65BN. I had not looked at the coin in a while and misremembered the grade when I posted it earlier.

    Here is a 1929 MS64BN that was also graded last year. the photo shows the color but not the luster.the obverse is a luster bomb that glows under the color. I think 64 is too low for this cent.

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