72DDO in old rattler- could it upgrade?
JRocco
Posts: 14,277 ✭✭✭✭✭
I have spent way too much time today looking at some old slabs. I came across this old rattler and the Lincoln looks like a lock 65 and I guess my question is- could it go 6 on a good day? The scratches are on the slab( I told you it was an old slab).
Some coins are just plain "Interesting"
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BTW mine is for sale - check the BST board
Registry 1909-1958 Proof Lincolns
K S
Keep that coin in its current holder. While it has indeed mellowed in color a bit, as coinguy1 mentioned, the color is still very rich/lively and not washed out.
Also, the strike is less than that demanded of a 66 or 67. It is also not spot free.
Nevertheless, you will hurt the value of the coin by trying to get it in a new holder. This coin will still trade at a slight premium of the 65red grade for two reasons:
1) The coin is relatively stable and unfooled with as it has been in the same holder for over 15 years.
2) There will be a perception by some potential buyers that the coin will upgrade eventually.
i too think it will upgrade someday, but maybe not today.
and that its fine in the holder its in.
jm2c