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1975 Licoln PR69DCAM pop

YousriYousri Posts: 477
in PCGS Set Registry Forum
Has anybody notice that the pop of 1975 licoln PR69DCAM has increase by two in the last few days from 115 to 117?

Just a thought. image

Comments

  • SteveSteve Posts: 3,312 ✭✭✭
    Interesting. That is a coin I'm interested in upgrading from Cameo to DCAM. Only problem is that most of them are PR69 and I'm not spending $100+ for these modern DCAMS. My experience is that these coins can and do tone in the PCGS holders over time. It is one thing to get a nice DCAM example for $15 to $25 and take your chance on toning. Remember, these coins sell for $5 RAW and a good cherrypick and submission to PCGS might be the best way to go. JMHO. Steve image
    My True View Album

    My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
  • YousriYousri Posts: 477


    << <i>Interesting. Remember, these coins sell for $5 RAW and a good cherrypick and submission to PCGS might be the best way to go. JMHO.
    Steve image >>



    Excellent point Steve. image
  • GerryGerry Posts: 456 ✭
    I keep historical records on the Lincoln pops by week in a database so let me share a couple of statistics with you.

    Believe it or not, two years ago (October 2002), the pop of the 1975S Lincoln in PR69DC was only 18. One year ago (October 2003) it was 84. Now, as Yousri says, it is 117! image

    It's also interesting to see that in October 2002 only about 25% of the total number graded DCAM were PR69 (18 of 78) ; now it is over 50% (117 out of 226). image
  • YousriYousri Posts: 477


    << <i>I keep historical records on the Lincoln pops by week in a database so let me share a couple of statistics with you.

    Believe it or not, two years ago (October 2002), the pop of the 1975S Lincoln in PR69DC was only 18. One year ago (October 2003) it was 84. Now, as Yousri says, it is 117! image

    It's also interesting to see that in October 2002 only about 25% of the total number graded DCAM were PR69 (18 of 78) ; now it is over 50% (117 out of 226). image >>



    What about 1976DCAM it is now 118?
    image
  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    Wait until the pop of the Lincoln Cent 1971s proof 69 D Cameo goes from 4 to ?

    Stewart
  • GerryGerry Posts: 456 ✭
    What about 1976DCAM it is now 118? And two years ago it was only 34!

    On the other hand the 1971 in 69DCAM has been at 4 for years; who knows when it will go to 5 or 6 or whatever? The good news is that the 1971 68DCAM pop has gone from 13 to 59 so one should be able to get that cheaper than before!

    image
  • wondercoinwondercoin Posts: 16,980 ✭✭✭✭✭
    Locating a TWO-SIDED, STRONG, DEEP CAMEO, CLEAN PREMIUM QUALITY 1975(s) Lincoln cent in PCGS-PR69DCAM is FAR more difficult than one might ever imagine. I believe I have had the opportunity now to personally inspect a number approaching 50% of every 1975(s) Lincoln cent in a PCGS-PR69DCAM holder today. There are roughy a dozen coins I have located that are VERY SPECIAL.

    Now, as I discussed with a collector this morning - understand that THOUSANDS AND THOUSANDS AND THOUSANDS AND THOUSANDS of 1975(s) Proof Sets have already seen PCGS this year in search of the very tough 1976(s) Ike TY 1. This is the key coin that keeps 10 other coins from matching up into a complete 11 coin PCGS-PR69DCAM Ike set. As a consequence, PCGS sees INCREDIBLE amounts of 1975(s) Proof set coins - every denomination. And, out of these THOUSANDS AND THOUSANDS AND THOUSANDS AND THOUSANDS of 1975(s) Proof Set Lincolns only a tiny, weenie portion meet the minimum bulk grade of PR69DCAM AND THE POP REPORT NEVER SHOWS THE THOUSANDS AND THOUSANDS AND THOUSANDS AND THOUSANDS of 1975(s) Lincolns that fail to meet the minimum grade as they never find their way into a PCGS holder.

    NEWS FLASH - INHO, the 1975(s) Lincoln Cent in PCGS-PR69DCAM is one of the most underrated Lincoln proofs in the entire 1968-date Memorial series. By Underrated I mean - we all know why a 1971(s) Lincoln in PCGS-PR69DCAM last sold at around $17,000 at public auction. But, at around $200-$250 for a typical 1975(s) PR69DC Lincoln - heck, that's the cost of what the upgraders spend to walk through and grade a single shiny wheat cent from the 1940's or 1950's in hopes of a 68RD image

    How tough would the 1975(s) be to land in PCGS-PR70DCAM? IMHO, the coin would be monumental - a strong example could see $25,000 or more is my guess.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • SteveSteve Posts: 3,312 ✭✭✭
    Mitch,
    Since the bulk submitters are only looking to slab PR69DCAM, what chance does an average collector of Lincoln proofs have to get a 1971S proof or a 1975S proof in PR67DCAM or PR68DCAM at prices under $30? Nobody is making them. Would you agree that the best chance is for the average collector to submit to PCGS raw?
    Steveimage
    My True View Album

    My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
  • wondercoinwondercoin Posts: 16,980 ✭✭✭✭✭
    "Would you agree that the best chance is for the average collector to submit to PCGS raw?"

    Steve: Yes, and no. Yes, the average collector should take time at a coin show to sort through 1975 proof sets, locate a nice looking 1975 Lincoln with cameo surfaces (could take more than 1 show) and try to make his own. It is great fun to slab your own coin for your set - no question! No, because IMHO, the average collector should consider gobbling up a PCGS-PR69DCAM copy at around $200 while the possibility still exists. I had dozens and dozens and dozens of PCGS-PR69DCAM Lincolns available for sale beginning in March of this year - I am now down to a couple coins, which are already earmarked for auction. They have been plentiful all year in PR69DCAM (heck, nearly every weekly Teletrade auction since the early Summer had a 1975(s) Lincoln in PCGS-PR69DCAM available for purchase). Barring additional coins being slabbed, I believe the supply of these coins may finally "dry up" any time now. Again, just my 2 cents - but, I believe these coins are very underrated in PCGS-PR69DCAM and it isn't every day that a tough Lincoln cent in top pop grade only commands $200. image

    Wondercoin



    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • YousriYousri Posts: 477
    Steve and mitch,
    Thanks for the info.

    Mitch, could you please send me your price list of your wondercoins including PR70DCAM.

    Thanks image
  • wondercoinwondercoin Posts: 16,980 ✭✭✭✭✭
    Yousri - I'll send you a PM. Not to sell you any coins, but, to discuss PR69 and 70 Lincolns in a bit more detailed manner.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • YousriYousri Posts: 477


    << <i>Yousri - I'll send you a PM. Not to sell you any coins, but, to discuss PR69 and 70 Lincolns in a bit more detailed manner.

    Wondercoin >>



    Thanks Mitch.
    image
  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭
    Mitch

    If PCGS graded a 1975 Lincoln as Proof 70 D Cameo they would be creating another 1963 Proof 70 D Cameo.This will NEVER again happen.

    Stewart
  • wondercoinwondercoin Posts: 16,980 ✭✭✭✭✭
    "Mitch. If PCGS graded a 1975 Lincoln as Proof 70 D Cameo they would be creating another 1963 Proof 70 D Cameo.This will NEVER again happen. Stewart

    Stewart - At this point, I tend to agree with you, because I have never seen a 1975(s) Lincoln deserving of the PR70DC grade - I've seen one, maybe two at best that come close, but, a flawless and true DC 1975 Lincoln cent - yes, one of the true great rarities of the modern proof Lincoln cent series. My $25k comment above could have easily been way too conservative for a coin "all there".

    In any event, the point I wanted to make here is that IMHO 1975(s) Lincoln cents in PCGS-PR69DCAM are generally made AS A BY-PRODUCT to the quest to achieve the elusive TY 1 1976 Ike PR69DC. Take a look at how many (roughly $100 retail) 1976(s) Ikes Ty 1 exist in PCGS-PR69DC already. I believe if 2,000 more Ikes were graded tomorrow there would be very little impact on that roughly $100 price tag - the coin is truly tough in that grade.

    Now, consider that the pop of the 75(s) Lincoln in PR69DC is just barely over 100 and the coin only trades around $200!! If I am right - $200 for a pop 117 cent vs. close to $100 for what could likely become a pop 2,000 - 3,000 76(s) TY 1 Ike in the near future AND WORTH EVERY PENNY IMHO.

    Just me and my worthless opinion (and clearly not offered as advice because these Lincolns could easily fall to a $100 level without "demand" rising for them) - any wonder why I personally like coins like the 75(s) Lincoln in PR69DCAM at around the $200 level. image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • DMWJRDMWJR Posts: 6,008 ✭✭✭✭✭


    << <i>Mitch

    If PCGS graded a 1975 Lincoln as Proof 70 D Cameo they would be creating another 1963 Proof 70 D Cameo.This will NEVER again happen.

    Stewart >>



    Amen! And they should never do it notwithstanding the 63 FU.
    Doug
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