Does this 1916 Lincoln cent appear to be a proof to you?
braddick
Posts: 24,106 ✭✭✭✭✭
I kept an eye on this one all week. It sat at $26.
It appears to be a proof to me and I now suppose perhaps did to others too as the ending bidding seems to prove.
Your thoughts?
Did PCGS miss this one?
peacockcoins
3
Comments
I do not see a proof from those photos.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
Agree. The rims do not appear square enough.
TrueView:
Collector, occasional seller
Genuine proof example:
peacockcoins
Proof 66:
Additional information:
peacockcoins
It looks proof-like.
weren't all the proofs struck from the same dies? Isn't there some definitive diagnostic?
My guess is that the coin's not a Proof. And my impression of the seller is that he's knowledgeable enough to have resubmitted the coin if he thought it to be such.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Die scratches on the obverse and reverse match with that of certified Proofs, and the rims and strike are more consistent with that of a Proof. The horrible photography isn’t in the seller’s favor on this one.
Certainly worth the gamble, and I do believe that is a Proof.
Coin Photographer.
100%.
I have purchased from that seller before and agree he is extremely knowledgable. With that said, I've seen coins on occasion slip through the cracks, so to speak- and are hidden gems. Especially when there are other employees involved and there is a large turn-over of inventory and listings.
There was a famous eBay seller who won a PCGS grading contest and many threads were started as collectors cherry-picked his inventory and came up with the ocassional choice coin.
peacockcoins
Based on the TrueView photos on CoinFacts, there appears to be more than one die marriage for the 1916 1c proofs.
And yes, the OP coin is a proof; it has matching obverse and reverse die markers for one of the proof die marriages. Good catch, @braddick !
Looks like a Proof to me, but not my series.
Hope it is!
As this also is not my series I didn't go after this one as aggresively as I probably should have.
(I was not the winner of this auction.)
peacockcoins
Since it's a proof shouldn't it straight grade now instead of being questionable color?
Not necessarily, but a lot more leeway is given to Proofs.
Coin Photographer.
My first impressions are proof. I believe it is worth the chance, and would purchase the coin myself.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
Here as well
Tru-View shows nice squared rims.
I agree, Tru-View show squared rims. I opine it is a proof coin.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
I guess it would have been a good idea to have looked at the additional pictures, before replying.
Yes, coins can slip through the cracks on occasion - perhaps this was one of them. And I believe I know of the "famous eBay seller" you spoke of.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
1916 is a good year for some terrific looking cents. If someone has Kevin’s book on MPL s I believe he made several references that two die pairs were used and possibly for some business strikes. But any who - it’s the finish that is concerning me. It looks too smooth. But I hope I am wrong so please up date us when you get a confirmation either way.
WS
Not a Lincoln guy, but I think it may be proof.
Speaking strictly on the surfaces, which may well have been messed with, it doesn't look like a Matte finish proof.
The image helps the cause in terms of questionable color and begs the questions as to altered surfaces. Perhaps the coin looks different in hand
Experience the World through Numismatics...it's more than you can imagine.
Look for the die scratches I and around the date. Having these will go a long ways in favor of it being a proof.
- Bob -
MPL's - Lincolns of Color
Central Valley Roosevelts
Has the die chip in the 9. 🤷🏻♂️
Empty Nest Collection
Matt’s Mattes
This date normally comes nicely struck. The example in question doesn't look to have the sandblast finish or truly squared rims indicative of a matte proof. The surfaces on the OP piece are too smooth imo.
Edit to add: I understand that MP dies were occasionally "recycled" to do business strikes. Perhaps this is an example in a later die stage?
RIP Mom- 1932-2012
And this is why we study coin die varieties. Peace Roy
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Looks like it has some diagnostics and not others as Proof, looks like it has some characteristics and not others as a Proof.
Two die pairs appear to have been used for Proofs, which likely explains why it only matches some Proof diagnostics (it will only ever match the ones that correspond to the correct die pair).
Coin Photographer.
I wrote the seller a couple of days ago:
"There is a thread running over on the PCGS boards speculating this cent may well be a Proof. It is an interesting read. I am not sure if you are a member over there or not, if so perhaps you could add additional insights on this interesting Lincoln cent.
(I unfortunately forgot to bid this morning and thus lost out.)
Sincerely,
Pat"
Here was his response this morning:
"Yes, indeed I think it was and we didn't catch it.
Regards,"
peacockcoins
Still pretty even with issues.
Let us know how you do when you resubmit!
Putting lights too low (as is seen in every image of this coin) makes surfaces seem flat and flashy.
As such, judging this coin off of surfaces would be a major mistake. You have to judge off of markers.
Coin Photographer.
There were two pairs of dies used for 1916 proof cents. I see markers from one of the obverses on the subject coin -- gouge inside the 9 and polishing in the field behind Lincoln's neck (below hair, above collar). I can't make out any markers on the reverse from the TVs.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
There are a set of curving light die scratches running between the low side of the E and N in CENTS. You can easily see them on the OP TrueView, and can then search for them from there on designated coins.
Coin Photographer.
Those aren't shown in my reference, so I can't make a positive ID. Since they might not be die polishing lines, rather disturbances on the coin, I can't rule it out, either.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Since over 2 bidders brought it to over $400, they both thought so. I am not sure what difference questionable color would be between MPL and MS.
I've seen them match on 4+ other Matte Proofs, so I'm quite positive they're die markers, but I doubt they'd be in any reference.
Coin Photographer.
I have a 1916 that I paid 5 bucks for. Once I got it I’m pretty certain it’s a proof. The strike is amazing, but many business strikes in 1916 were great as well. The rims look square to me, but the strike and matte fields makes me believe it’s worth sending in to get it certified.
Plus PCGS has a guarantee on their grades. I believe the OP is correct that that was a proof. If so PCGS has to give the coin the proof designation or pay fair market value for it.
I don’t know about that. Yes, the dies are re-engraved and the strike is great. But yours, like mine, seems to have rounding of the rims rather than the sharp 90 degree corners. Also, your looks like there is some flattening on the blue part of the beard. I wish mine were an MPL, but sadly, it’s not.
Yeah, you have a gorgeous coin for sure. I can see the rounding of the edges in the moving reflections. 👍
Going to be hard since he doesn't own the coin
That is not a proof
Empty Nest Collection
Matt’s Mattes