Two MS67 Lincoln wheats ended tonight on ebay - prepare yourself!

Coppernicus

Two that I was watching:

1952-S

1954-D

Guess it'll be awhile before I upgrade my 66's!!

Edit: Ira was dukin' it out with flog31 on both. That name is familiar. Is he on the boards?

Mike

K6AZ

Yikes! That bidder is none other than Ira Stein, who is a well know seller of high grade Lincolns. If he paid that much for them, you have to know that he figures he can flip them for a profit. Incredible, I think I am going to have to pull out my wheaties and see if I can sell them for a nice profit.

Coppernicus

K6AZ - You're right! I didn't notice that Ira got them both. He has some great wheats on ebay from time to time. Great pics and descriptions. His wheats typically go for between 20% and 60% over ebay average sale prices for the same grade/date/mm. He must think these two are special!

Mike

K6AZ

He knows the Lincoln market inside out. He must know something to have bid on those two coins. I don't think he is really a crackout artist.

I have a 37-D in 67. After seeing this, I am seriously considering pulling it out and putting it up.

haletj

He probably has a collector's wantlist with these dates on it.

Edited to add, maybe he sold the coins to the seller desertcrest in the first place. Last spring Ira had a bunch of Lincolns I wanted and I always got outbid by desertcrest! (If my memory is correct, a nice 31-d and some others?).

merz2

You'all can bet that if Ira was bidding that kind of money,they are already sold.I am in the middle of a transaction with him now,on a 1909-S/ Horizontal S MS63 RD PCGS Lincoln.

jonesy

Ira is one of the truly good guys!!

barberlover

Maybe he wanted to add them to the coin toilet seat he outbid me on last year ?

Les

jonesy

<< <i>Maybe he wanted to add them to the coin toilet seat he outbid me on last year ? >>

baccaruda

Man, that '54-d is something else though - doesn't even look real. Cant' say the '52-s is anything to sneeze at either.

mnmcoin

I am suprised to see that 54d is a 67...usually PCGS likes the O in ONE CENT be full for a 67. I would think on a tougher date like the 54d, that that would almost a prerequisite.

morris <><

haletj

Hmm... If that 54-d is a 67 with weakness on the O like that my raw 55-s is no doubt 67. I bet they wouldn't grade it as so, very unfair. Why I like to keep all my nice raw coins raw.

K6AZ

<< <i>Maybe he wanted to add them to the coin toilet seat he outbid me on last year ?

Les >>



You mean this one?

JrGMan2004

Looks a little like petescorner's icon...

K6AZ

I pointed this thread out to Ira, but apparently he has been busy lately. He sent me a reply, and said I could post it here. These are his thoughts on the two Lincolns.

Thanks for the heads-up, Eric. I don't think I saved that photo, so it brought back a few chuckles. I'm not on the Coin Universe Forums much..don't really have the time.

As far as those 3 coins I won go, I stretched a bit on the 1952-S but got what I feel was a good buy on the 1954D. I've only seen 3 in my career graded MS67 by PCGS and all had weakness on the O of ONE. I'm hoping I have a buyer for those two, but I'll put the 1953-S up on eBay if it looks okay.

You're right, I'm not a crackout artist, but I know how terribly scarce some of those coins in the 50's are in MS-67 and this looked like an opportunity. I've sold Desertcrest only one of the three I won. He's quite picky, and should be, and I believe the other two were probably purchased from Andy S. at Angel Dee's and are also well above the norm.

It's very, very difficult to get a MS-67 out of PCGS on any Lincoln cent from 1958 on back, with the exception of the 1945-S. The two higher priced coins I won will hopefully go into someone's (not mine) high end Lincoln collection, and I doubt the buyer will easily part with them. A 1909-S VDB in MS-65 red is far easier to locate that that 1954D in MS-67. A comparison with a MS-66 of that date, probably worth about $35 or so, will reveal how it garnered that lofty grade.

I haven't added anything but about 4 coins to my collection in recent years, and they ranged from $225 in price to $800. None were Lincoln cents! I can't afford to upgrade them, and that doesn't even take into account what the little lady would do if I indulged myself.

Feel free to post this reply to the thread in the Coin Universe Forum if you wish.

Merc

Wow, those are very expensive condition rarities. I would never pay that. These are very common even in 66 red. Cents were collected by the roll. These are crazy prices.

Shamika

Is it just me or do the images looke vaselined?

haletj

Whoa! Someone (not me) just listed a 67rd 1950! Also a 45,49-d,52-d and some others! Holy cow!

Link

MSD61

Maybe I should send these in for gradingWell, except that middle one. It has a weak strike on the reverse. This is the second time I've had them up on Ebay. I think they look darn nice.