Lowest Price Ever Paid For a CAC Stickered PCGS Mint State Coin?

winesteven

I understand this post can clearly be interpreted as being best placed only on the BS&T (where it is listed), but due the the interesting concept of the post, perhaps it can be allowed. If the moderator feels it is inappropriate, please delete this post.

For my Lincoln Wheat DATE set, the last hole I had to fill was 1957. I wanted a coin graded MS67RD with a CAC sticker, preferably the lower cost 1957-D. After searching vigorously for over a year, NOTHING showed up in auction that fit the bill. As such, human nature took hold when I saw (and bought) a lovely 1957-D Lincoln graded “only” MS66RD, and no CAC sticker. A VERY inexpensive coin!

So while I waited for an upgrade to the MS67RD grade I wanted, along with a CAC sticker, I figured what the heck. I was sending a few coins to CAC, so I threw in this MS66RD Lincoln with an extra $16. Sure enough, it got stickered!

I got my MS67RD upgrade with a CAC sticker a short time ago, so the lovely but cheap MS66RD 1957-D Lincoln, now with a CAC, is up for auction at Great Collections. I had them start the bidding at only $1, and it is now at $8, lol. My guess is the final price on March 5th will only be around $35 or so. I believe this might potentially end up at a record low price paid for any problem-free attractive Mint State coin graded by PCGS with a CAC sticker.

Interesting tidbit - I just checked the GC Coin Auction Archive and the PCGS Auction Prices Realized - neither shows ANY 1957-D Lincoln Cent graded MS66RD by PCGS with a CAC sticker as having been auctioned. As such, whatever it sells for will set TWO records for that date and grade - the lowest price ever paid, and the highest price ever paid (according to their records), lol.

Here are GC’s photos for this GC Item ID 1324326:

CircCam

I got this one as a gift for my father for $32.95 - why anyone would certify it in the first place, let alone pay for TV’s and send it to CAC, I’m not sure, but it’s a nice looking circ all the same.

JW77

Fun post; I enjoyed the back story. If I collected Lincoln cents I would bid for sure, but I just might bid anyway to own a record setting coin!

Higashiyama

@winesteven - that’s a fun story and totally appropriate, I think, for this forum.

@CircCam - that’s a mind bogglingly beautiful VG Barber!

1madman

Think I bought a BTW commemorative half in pcgs 64 green cac for $15. I didn’t want the coin but it came along with a bunch of other coins I did want. Ugly tone on that coin

ricko

@winesteven ... That would be great to set the two records with one coin. The unfortunate part would be, you no longer had the coin. Sort of a trophy coin I would say... Cheers, RickO

winesteven

@ricko said:
@winesteven ... That would be great to set the two records with one coin. The unfortunate part would be, you no longer had the coin. Sort of a trophy coin I would say... Cheers, RickO

Rick - I understand you rarely sell your dupes. However, I do, so I'm ok, even though i can manage without the 30 bucks or so, lol.

Steve

ricko

@winesteven... No doubt the $30 would not be the deciding criteria... Just thinking of having the Low/High record price on the same coin... And of course, the status could be blown away in subsequent auctions... Cheers, RickO

logger7

I had a cac gold stickered old holder proof silver half that did not sell for a premium in an ebay auction; another lesson why not to run such coins in an ebay auction.

winesteven

@ricko said:
@winesteven... No doubt the $30 would not be the deciding criteria... Just thinking of having the Low/High record price on the same coin... And of course, the status could be blown away in subsequent auctions... Cheers, RickO

Then perhaps YOU should buy it, lol.

Steve

ricko

@winesteven... Gee... Why didn't I think of that.... .... Cheers, RickO

jedm

@Higashiyama said:

@CircCam - that’s a mind bogglingly beautiful VG Barber!

I love the appeal of the quarter as well!

OldIndianNutKase

Now perhaps if there was a winesteven pedigree on the label........ Most on this forum would rather have that than a CAC sticker.

OINK