Has the red copper market substantially softened. 2 MS 67 Lincoln’s sold yesterday on EBay
Walkerlover
Posts: 938 ✭✭✭✭
These 2 apparently very attractive MS 67 1937 and 1937 D Lincoln’s sold for $103 and $99 respectively and they are older holders. Has the red Lincoln market softened? Seems cheap to me.
1
Comments
The market itself has not cooled that much, the Blay sales prove that the money is there for the right coins. However, these are a common date and the uncontrolled gradeflation has created many 67+ and 68 graded examples for this and other common 30's and 40's dates. That is putting some downward pricing pressure on the 67 graded coins is what I'm seeing with Lincoln cents.
This is not new for pricing in the Lincoln series, back in the early 2000's MS66 was a very high grade, then the pops for MS67's exploded and the prices dropped like a rock on MS66 graded coins. History repeats itself.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
One sold at Heritage in July for $91. So not uncommon.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
If they're solid 67s and fully red that's a good price for the buyer.
Hard to tell from the pictures if they are solid or have any issues but I already have a MS 67 1939 Red Lincoln otherwise I would have tried to bought the pair unless the buyer has a higher hidden backup price
Looks like there might be spotting on the reverse?