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The Infamous 1963 Proof 70 D Cameo Lincoln Cent to be auctioned at FUN


Does everyone remember the Proof 70 D Cameo 1963 Lincoln Cent that was bought for $39,000 last year at FUN ?
Well its that time again !!!!

I'll bet it sells for less than $39,000

Stewart
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    merz2merz2 Posts: 2,474
    Stewart
    Tell me your jokeing.imageimageimage
    Don
    Registry 1909-1958 Proof Lincolns
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    wondercoinwondercoin Posts: 16,711 ✭✭✭✭✭
    There will be some spectacular PR70DCAM Lincolns offered in the Heritage FUN sale. If anyone truly takes the time to examine them ALL, I have no doubt it will be very easy to see the difference between the "run of the mill" coins and the monster specimens.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Don

    The John Troy collection of 1959 to date Proof Lincoln cents will be auctioned by Heritage at FUN.
    The Roger Red Cents collection of Proof Lincoln Cents will be offered as we type on E Bay

    Mitch - Have you seen John Troys collection?

    stewart
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    cladkingcladking Posts: 28,351 ✭✭✭✭✭
    I almost hope they go cheap just so we don't have to go through all the bashing again.image
    Tempus fugit.
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    wondercoinwondercoin Posts: 16,711 ✭✭✭✭✭
    "Mitch - Have you seen John Troys collection?"

    Stewart: No. Part of a near 200 coin consignment I gave to Heritage for FUN (including a variety of collectors' coins) included about 1/2 dozen very special PR70DCAM Lincolns which were put away many years ago because of their truly "PERFECT" quality. I know they will be standouts. Also, no doubt selections from the Tyoy collection will also be top of the line.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    dbldie55dbldie55 Posts: 7,719 ✭✭✭✭✭


    << <i>I almost hope they go cheap just so we don't have to go through all the bashing again.image >>



    Yes, we should appreciate and look up to someone who pays nearly 40,000 dollars for a number on a piece of paper inside of a plastic holder. Give it a rest.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Let's see folks

    We've got three Proof Indian cent collections up for auction.The #1 Palm Beach Collection,#2 Richard collection,and the #3 Bill Walser collection.

    The David Poole collection of Lincoln Cents will be auctioned by Superior and the Mike Sadler collection of Lincoln cents will be auctioned by Heritage

    The John Troy collection of Proof Lincoln cents will be auctioned by Heritage.The Roger Red Cents collection of Lincoln cents is being auctioned on E Bay

    And a 200 coin consignment of Proof 70's from Wondercoin is also being auctioned

    The #1 Washington Quarter Variety set is also being auctioned

    Did I forget anything ?

    Stewart
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    wondercoinwondercoin Posts: 16,711 ✭✭✭✭✭
    "And a 200 coin consignment of Proof 70's from Wondercoin is also being auctioned"

    Stewart: I believe less than (10) coins in my consignment pakage will be PR70DCAM coins of any denomination.

    But, you have missed several important consignments as well that I am aware of.

    STEVE HELLER'S "HALL OF FAME" 50 PC. SILVER PCGS COMMEM COLLECTION WILL GO OFF AT FUN, AS WELL AS DAVID O'BRIEN'S #1 COLLECTION OF PROOF SEATED QUARTERS.

    The Heller Commem set will include roughly a dozen or so Commem specimens that are about as good as they get for those types. The entire collection is wonderful, but those dozen or fifteen coins are simply amazing. As we get closer to the auction, I am confident Steve (Registrycoin) will stop by and discuss his own collection better than I can here. image

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    sinin1sinin1 Posts: 7,500
    I have to wonder ->



    smart guys sell when the selling is good - does this mean there may be a correction in the coin market starting next year?
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    StoogeStooge Posts: 4,649 ✭✭✭✭✭
    Mr. Blay,
    You forgot to mention that Steve Stokley sold off his #1 (at the time) Proof Roosevelts from 1965-date and his super high grade MS Mercury dime set. White Fang sold off his #2 (at the time) complete Roosevelt high grade MS dimes to Wondercoin for 1 of his customers. Just to name 2 that also comes to mind.

    Merry X-mas,
    Paul B. Gunsallus

    Later, Paul.
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    Where is all the info on these collections at the F.U.N. show? i go to the heitage site and the only preview i see is some darkside foreign stuff
    in a "enterprise collection". Are there some good Buffalo nickels in the auction?
    cladmaker
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    SteveSteve Posts: 3,313 ✭✭✭
    With all these great collections being sold at FUN, does that mean my complete 1909-2003 Lincoln proof set collection will be #1 on the PCGS registry??? Steveimageimageimage
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    That is a lot of collections!

    Hmm, what are you all bidding on? I would like to bid on something else image

    I'm thinking three top proof three cent sets will more than satisfy demand. What do you think? I will certainly be looking at those...
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    merz2merz2 Posts: 2,474
    Steve
    Don't get your hopes up.Doug isn't selling his Proof Lincolns and neither am I.
    Don
    Registry 1909-1958 Proof Lincolns
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    zepzep Posts: 81 ✭✭
    I understand that the 2004 FUN auctions are going to have some other highlighted coins from last year's renowned Heritage copper auction.
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    RussRuss Posts: 48,515 ✭✭✭
    Seems to be an awful lot of top sets being unloaded on the market. I wonder what that says about the state of things?

    Russ, NCNE
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    I agree with some of the posted concerns. With all the small cents entering the market, does this signal a downturn around the corner? Will the market be able to continue to support absolutley crazy prices for some of these coins? My bet is that the Heritage sale may have a few bargains to be had in between all the "attention-getting, crazy-money, top-pops".
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    The registry has driven the LIncolns and other REG sets to dizzying heights. If I had one I'd be looking for an out real soon. But since I am a seated liberty and type coin guy, and those have moved relatively little in the past 2 years...maybe 20%...I'll stand pat. Just hope all the people jumping out of 20th century registry sets don't help to tank the overall market.

    I would bet that the 1963 Linc doesn't even bring $20K. And I would think $mid to high teens is all that it's worth in the plastic.
    A more realistic value might be $10K.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
    The coin itself is worth 50cents or so. Not sure what the insert is worth........
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    LakesammmanLakesammman Posts: 17,294 ✭✭✭✭✭
    Proof FE/IHC cents really haven't moved much over the past several years...if this is the top, it's been a very short, slow ride. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko.
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    dbldie55dbldie55 Posts: 7,719 ✭✭✭✭✭


    << <i>The coin itself is worth 50cents or so. Not sure what the insert is worth........ >>



    Don't let cladking hear that, he will come un-glued. All moderns are worth millions...
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
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    LucyBopLucyBop Posts: 14,004 ✭✭✭


    << <i>Don't let cladking hear that, he will come un-glued. All moderns are worth millions... >>



    your funny!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
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    boiler78boiler78 Posts: 3,049 ✭✭✭✭✭
    I wonder if I am the only one here who thinks the only way that coin will meet the sellers reserve is if PCGS buys it to get it off the market?
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    IrishMikeIrishMike Posts: 7,738 ✭✭✭


    << <i>I wonder if I am the only one here who thinks the only way that coin will meet the sellers reserve is if PCGS buys it to get it off the market? >>



    No.
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    I do not believe John Troy's Proof Lincoln cent collection will be reserved.So whatever Trade Dollar Nut will pay for the coin will be the NEW market.

    TDN - I wasn't suppose to say anything but Laura said that Trade Dollar Nut will soon be known as Proof Lincoln Memorial Nut.Good Luck in bidding on the 63 !!!


    Stewart
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    RussRuss Posts: 48,515 ✭✭✭
    Personally, I don't think it will even bring $5K. After all the publicity it's gotten, is there really anybody out there willing to subject themselves to the ridicule?

    Russ, NCNE
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    RELLARELLA Posts: 961 ✭✭✭
    I'm with Russ here on possible level...maybe not for the same reasons though. I'm just not sure who the winner (and even more importantly, the underbidder) will be.

    RELLA

    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
    After all the publicity it's gotten

    As much as we think so sometimes, the world does not revolve around this chatroom. Was there other publicity?
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    RussRuss Posts: 48,515 ✭✭✭


    << <i>Was there other publicity? >>



    Does all the dealers holding it up for comparison when selling their coins count? image

    Russ, NCNE
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    << <i>Was there other publicity? >>



    Here was some:

    image
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    sinin1sinin1 Posts: 7,500
    I have no idea who the underbidder was last time



    BUT an auction does not just go from $1 to $39,100




    with the possible exception of a eBay live when you hit the "bid now" button


    It kind of reminds me of an auction I was at yesterday - one lot was a 1845 half dollar PCI MS64 that went for $95 - the only slight problem was that it was a walking liberty 1945

    Everyone there knew (except maybe the auctioneers) - so about 45 minutes later, they brought it out again and sold it for $45 - same bidders and buyer - bizarre
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    Heck, I'm going to bid at least 15K for it. What do you mean it's only worth 50c. Isn't this a 70DCAM, a pop one. If it sold for $39,100 before, isn't 15K a steal?
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
    You forgot your smiley!!!!! image
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    DMWJRDMWJR Posts: 5,975 ✭✭✭✭✭


    << <i>TDN - I wasn't suppose to say anything but Laura said that Trade Dollar Nut will soon be known as Proof Lincoln Memorial Nut.Good Luck in bidding on the 63 !!!


    LOL!
    Doug
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    I heard it through the grapevine

    At the last sale the under bidder was a guy named bilbee who has a registry set called Laurens Lincolns.Perhaps he knows something nobody else understands.

    Stewart

    TDN - I won't bid if u don't bid
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
    TDN - I won't bid if u don't bid

    Stewart: that would be collusion. image


    Right here and now I say for all to hear that I wouldn't own that coin if you gave it to me free.

    Stewart: that's being selective.... legally! image
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    TDN

    How much would I have to pay you to bid to win the coin?

    Stewart

    PLMN - Proof Lincoln Memorial Nut
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    tradedollarnuttradedollarnut Posts: 20,147 ✭✭✭✭✭
    Hmmm - brown paper bags to cover my head in shame .... 2 cents times 365 days times 42 years remaining life expectancy ...... image
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    Does the sellingn indicate a market top? Only if there are not enough bidders to drive prices higher. We won't know anything until AFTER the auction. However, it is suspicious.... cheers, alan mendelson
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    STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    IMO Selling Registry Sets is like starting a WAR. The economy has always gotten better after a war.Coin prices seem to go higher after a major registry set is sold.

    stewart
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    sinin1sinin1 Posts: 7,500
    I predict that the buyer does not try the crackout game and resubmit on this coin




    unless it is PCGS
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    pontiacinfpontiacinf Posts: 8,915 ✭✭
    I predict that the buyer does not try the crackout game and resubmit on this coin




    unless it is PCGS

    im sure stewart wouldnt be covering the sale of an acg 70dcam

    image
    image

    Go BIG or GO HOME. ©Bill
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    orevilleoreville Posts: 11,790 ✭✭✭✭✭
    All sets that surge in price need a cooling off period to digest their gains before they either resume their climb, or begin their descent.

    That has been the order of the coin collecting hobby since the beginning of time. Now, that I have said something utterly profound image, we can move onto what has happend in the past few years.

    First, the mercs got hot, then Frankies, then Washington quarters, then buffalos, then the indian head cents, then the lincoln cents, back to the Washington quarters, then the Walkers, then back to the lincoln cents, now the Saints, back to the Walkers and Saints, then .....who knows??? (Well, I knowimage)

    Will the 63DCAM hit new highs or collapse? Who knows? As someone said maybe the buyer bought it beacuse he/she thought it would upgrade? imageimageimage. But a single coin's rise and fall is hardly the determinant of an entire series or market.

    A Collectors Universe poster since 1997!
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    dpooledpoole Posts: 5,940 ✭✭✭✭✭
    then .....who knows??? (Well, I know)

    Com'on Oreville. Quit holding out! (Or are you waiting to publish your Investment Newsletter?) image
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    caitlincaitlin Posts: 858 ✭✭✭
    Where is all the info on these collections at the F.U.N. show? i go to the heitage site and the only preview i see is some darkside foreign stuff
    in a "enterprise collection". Are there some good Buffalo nickels in the auction?
    cladmaker

    Anybody?image
    A collector of high grade TONED BUFFALO NICKELS ,working on a PCGS REGISTRY SET.
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    RELLARELLA Posts: 961 ✭✭✭
    I sent you a quick PM caitlin.

    RELLA
    Do not fall into the error of the artisan
    who boasts of twenty years experience in his craft
    while in fact he has had only one year of experience...
    twenty times.
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    michaelmichael Posts: 9,524 ✭✭
    whose auction is the pf70 dcam pcgs 1963 cent in??and what is the lot number??

    i bet it goes for 45k as it is in a really collected hot series and is the finest known pop one with none better


    michael
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    IrishMikeIrishMike Posts: 7,738 ✭✭✭


    << <i>whose auction is the pf70 dcam pcgs 1963 cent in??and what is the lot number??

    i bet it goes for 45k as it is in a really collected hot series and is the finest known pop one with none better


    michael >>



    Michael, I hope you are jesting.image
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    cladkingcladking Posts: 28,351 ✭✭✭✭✭


    << <i>

    Michael, I hope you are jesting. >>




    Sounds like a safe bet.

    Most people who would want the coin will hold back because of the publicity.
    It would be surprising if it sold at all.
    Tempus fugit.
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