Are MS67RD 1960's Lincolns really going for moon money?
clackamas
Posts: 5,615 ✭
I have been looking for MS67RD 1968 Lincoln's for months to no avail. The ONLY one I have found to have changed hands was a POP 22 MS67RD 1968-S that went for $1840.00 (heritage Jan 04). This seems rather high since 58-P's at POP 15 go for less than that. What would a POP 9 or 10 coin in 67RD go for?
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Compared to 5,000 rolls from 1959 to 1964, yet only have 4 total sevens. If I didn't need the income I wouldn't part with any 7 in these years for a few years yet.
chris.
<< <i>DLRC recieved his from us. 4 of 13 57-d ms67 where certified by us along with 5 58-d in 7, and 1 of the 59-d in7. Of the 1964-d in 67, three we have made. I guess I am bragging a bit but the real point is; I have searched around 800 rolls of 57-d and 58-d combined.
Compared to 5,000 rolls from 1959 to 1964, yet only have 4 total sevens. If I didn't need the income I wouldn't part with any 7 in these years for a few years yet.
chris. >>
I made 3 of the 58-P's in 7 but have only recently started to hit the 60's coins and really only 1968. I am looking for my personal collection the P,D,S in 67RD. I gave up trying to find one I figured I could go through mint sets until one popped up. I have a 68-Sat PCGS that I hope will be graded as a 67.
What are the things you look for to make 7? I have made ton's of 7's from the wheat years but the memorials are fairly new to me. I do notice the steps should be full. Have all of you 7's had blazing luster? The "P & D" mints just don't seem to come that way. Nice surfaces sometimes but never luster.
Chris.
I agree with pcgs grades 90% of the time. The other 10%, maybe I am wrong. But some times they are just off.
So anyway I will give you my idea of an ms67 cent. First of all you seem a little over focused on ticks.
It only effects presevation, and of course there is luster, strike, and eye appeal.
Preservation: 2-4 small flaws allowed, ticks, small hairlines. But with a ms66 these may lay in front of Lincoln's face if small enough. Or the cheek may show some abrasion or a tick on the forehead. The differance being in ms67 these have to be out of sight. When I look at a coin my eye seems to draw to
any flaw in the field in front of Lincoln. If none I am left to admire a great strike, or the bold features
of his face. Here on Lincoln's face in 67 I want smooth surfaces and once again nothing to distract. Any flaw of presevation should be hiden. Say in the hair or field top behind the head. The sholder is another
area I like smooth. This one can be tough on high relief Lincoln's On the rev the same thing goes. The open field below the steps should smooth any flaw here I find distracting. The way I see it is I have had
so many highend ms66, but when looking for why it did not go 7 I can usally find it quick like a mark on
the lapel. With a 67 you have to look for them, or in other words nothing that would be found
distracting.
I hope I don't sound to repetative or taking this too far.
Strike should be full by any reasonable standard, say atleast 98%, as if I could measure this?
But say for the sixtys a bold rounded cheek, instead of one that flattens out as it moves foreward, and
above the ear hair raised to a point almost, all letters bold, and steps all there.
Luster: high end. once I rec 9 1948-S coins back 4 ms67.... 5 ms66 as I was looking them over I noticed
a ms66 looked perfect to go seven. Then looking at one of the ms 67 I found a scratch on the bottom of the rev, but all other things were in order. All nine coins seemed to be fully struck even patina and well preserved, but when laid out together the 4 ms67 were brighter coins all where satin like, but still these 4 had a lot of shine. So luster needs to be high end.
Eye appeal: they say this one is easy. I disagree. Take tone for example. I like colors on a coin. Rose, golds, even lavenders and greens. But the movement to these rings sould be even and they can't
hamper the luster at all. It's one thing for me to like the tone of a coin. But if it is going to help the
grade I need to believe any one who looks at it would like it. With the exception of a new penny they all seem to take on a tone of some sorts for ms 67 it needs to be even. Not that it can't have a rose center
and a gold outer ring, its just that it sould move towards the gold ring with an evenness that is appealing rather then distracting, and just about anybody should agree. Forget personal taste.
Pitty
Katrina
I tried to sell that coin, to no avail, around the $400-$500 range for quite some time. I simply decided to consign that coin, along with a 71(s) Lincoln in MS67RD I also had in stock (which I also was asking around $1,000 for). I was as shocked as anyone when the 68(s) sold at $1840 and the 71(s) sold for $2,300! Obviously, most surprised about the 68(s)!
But, it goes to show you why dealers chose to consign coins to major auction, even if it means reserving them for 10% or 15% less than the current website pricing. These (2) coins were available "retail" from me at around $1,500 at the time and they sold for more than $4,100 at auction!!
Wondercoin
P.S. The proceeds from the auction of these (2) Memorials did not last very long - I bought a killer 10(s) Lincoln in 66RD for my Registry set with it even before the check rolled in! A VERY short time after the 1/04 auction, another 71(s) Lincoln in 67RD came up on ebay and I bought it for under $1,000. I have been considering consigning it to 1/05 FUN to start the process all over again
<< <i>
P.S. The proceeds from the auction of these (2) Memorials did not last very long - I bought a killer 10(s) Lincoln in 66RD for my Registry set with it even before the check rolled in! >>
Et tu WC? This is worse than modern bashing. Who'd want to take perfectly good money out of moderns and put it in classics?
Ah well, to each his own.