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MS67RD Lincolns

CocoinutCocoinut Posts: 2,512 ✭✭✭✭✭
in PCGS Set Registry Forum
I've been reading the threads here about how few MS67RD Lincolns have been made in recent months (thanks, Wayne!), and thought I'd try to buy some on Teletrade tonight. I waited until about a minute and a half before the auction ended, and bid on 3 coins. Then I went back to check the bids, and I was outbid on all of them. image The 1947-D, which I didn't bid on, brought $700 ($770 with juice)!! It's a pop 36 coin, and who knows how many are still in original rolls. Heck, I've got 3 rolls of them in the vault, and you can bet I'll be checking them next time I get there. My notes say that the coins in one of the rolls have dull luster, but the other 2 are choice. There should be some no-brainer 66's.

When I can spend a few hours at the bank, I should go through the 50+ rolls of Wheat cents that I have from 1935-1958. I tried to buy only nice rolls, and some of them haven't seen the light of day in 25-35 years. Wish I lived closer to some of you Lincoln specialists so I could get your opinions. I know the MS67RD's that I've bought slabbed all have 2 or 3 tiny ticks on them. If 67's can have those flaws, but a strong strike and good luster, I'm sure I've got some.

Oh yeah, the Lincolns I missed out on tonight? Prices without/with juice: '44-P, pop 99 ($150/$165), '44-D, pop 139 ($100/$110), and '45-D, pop 120 ($95/$104.50). Considering how tough these seem to be, the prices don't seem unreasonable. Guess I'd prefer PCGS being strict on their grading, rather than loosening their standards and making 67RD's as common as dirt.

Jim
Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!

Comments

  • TAP444TAP444 Posts: 824
    Jim,
    don;t send them in at present
    I don't think 67rd is in the grade book
    right now, might want to wait a few months
    Tim
    LOOKING FOR 1931-s merc that is nice for the grade and fb
  • CocoinutCocoinut Posts: 2,512 ✭✭✭✭✭
    Thanks, Tim. I've received a PM to that effect. Guess it's kind of like throwing money away. Tonight I've been reading some of the threads about how unhappy people are with PCGS's perceived inconsistency lately. I want them to be strict, but fair, and won't send any coins for grading until things improve.

    Jim
    Countdown to completion of my Mercury Set: 1 coin. My growing Lincoln Set: Finally completed!
  • perfectstrikeperfectstrike Posts: 677 ✭✭
    MS67RD Lincolns can be made, the standard has just shifted a bit. I'm not sure I'd say it's gotten tighter. Drag out a couple hundred old holders and some new holders and you can see the swing. I didn't have that many new MS67RD's so I used MS66RDs. The new holdered coins contain way more ticks and some have craters. But they all grab your eye from a distance.

    In my opinion, the new MS67RD's are allowed more and larger marks than the old MS66RD's. There are lots of awesome MS66RD's in old holders that are now shot MS67RDs. I was buying these at shows when I couldn't figure out why submissions were coming back "undergraded". I thought it was color for quite a while. I hit the jackpot with about 35 various 1950s dates coming back mostly MS66RD with a few MS65RD's and MS67RDs. I also had enough new holders to make the comparisons.

    My new technique is to lay out a couple rolls at a time, walk away for a few days, then isolate the ones that really jump out as I walk toward the table. If the mark count and strike look good, it gets put in a flip to await my next submission.

    perfectstrike
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