FUN LINCOLN PROOF MADNESS!!!!!!!!

DMWJR

Congratulations are in order to Bill Bland who consigned these coins to Heritage for the FUN sale.

These coins sold for unbelievable prices last night. (price includes buyer's fee)

1954 Proof 68 Deep Cameo (PCGS) - $13,800.
1955 Proof 68 Deep Cameo (PCGS) - $14,900.
1956 Proof 68 Deep Cameo (PCGS) - $16,100.

wondercoin

Doug: And, those were the "bargains", as compared to the $10,000+ for late date "moderns", such as the 1979(s) TY 1 Lincoln Wondercoin

merz2

Doug
Naturally those coins were on my Heritage watch list.What I saw with them made me look at the MS Lincolns as well.That is why I made the statement about watch the Lincolns "you haven't seen anything yet.The internet bids were pushing it.I knew the floor bids would relly take off.I'm sure Bill was both astounded and very pleased.

Gerry

Doug:

And why not list the granddaddy of them all:

1963 Proof 70 Deep Cameo (PCGS) - $39,100?

which in the opinion of most isn't even a 70

Gerry

merz2

Doug
You also forgot the 1936 PR65 RD Type 1&2.
Type 1 $1,552.50
Type 2 $ 1,840.00

boiler78

The title of this thread says it all!

coppercoins

<< <i>Doug
You also forgot the 1936 PR65 RD Type 1&2.
Type 1 $1,552.50
Type 2 $ 1,840.00 >>



Sorry, folks, I MUST chime in....there is NO way a modern proof (minted in the millions) can compare AT ANY GRADE to the value and rarity of the proofs of the early years (up to 1942). Merz's quotes of the 1936 proofs and their prices realized is an abhorrence when you consider a common date proof went for 15 times that. Someone should be shot!

merz2

coppercoins
I beg to differ with you but the 1950's proofs were only minted in the 1000's not the millions.LOL

goose3

Hey Abe I mean Merz.
I have to admit, I'd take 5 pairs of the 2 you quoted pricing on over one of those others! wouldn't you?

merz2

Goose
You can bet that.I didn't pay half that total for the (2) I have.Thank goodness.

RGL

Zounds ... strong prices, alright. I think it is time for Merz to have a little sale and host a party for his Forum friends, whaddaya think?

goose3

Don I HATE to see what you are going to end up forking out for your last one!!!! That might get downright ugly!

coppercoins

Hmm...I was actually more referring to the insane price paid for the 1963 proof cent and some of the others of later years to include the 1970S that went for some ungodly price...the ones from the 1950s are "mid-range" to me. I classify Lincoln cent proofs into six different groups for my own thinking...

1909-1916(1917) : early, matte
1936-1942 : early, brilliant (except the 1936 which came in both matte and brilliant)
1950-1958 : late wheat
1959-1964 : modern common
1968-1975 : late modern
1976-date : post-modern

The modern common are atypical in CAM, and rare in DCAM designations.
The late modern are uncommon in DCAM, more common in CAM.
The post modern are very common in DCAM.

There are some "bridge the gap" years and some other years that don't necessarily fit in their categories of chronology (1971), but overall I see this as a logical period split. Merz?

merz2

goose
I think you might be right.It might be cheaper to buy every raw 1954 Proof Lincoln and send them in to PCGS for grading,trying to make one.LOL

DMWJR

I didn't even watch for the 63!!!! I had no idea it would go for that. There is a little green spot on the obverse, and I heard that PCGS was going to buy it back. Wonder what the real story is??????

The owner of these four coins grossed $80,000 on just four coins. All of them came from R&I originally. Who'da thunk it?

merz2

Doug
Can you imagine if your and my set hit the auction at the same time.
Do you think we could realize that kind of profit ?
If those coins came from R&I,I'm sure he paid plenty but no where near what he got.

nucklehead

Merz2, good luck on your Lincolns and yes I'd strike while the iron was hot,so to speak.