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wondercoin · March 12, 2005 12:42AM

CHANGE OF PLANS

haletj · March 12, 2005 2:01AM

This is such a cool idea for a thread Wondercoin! And thank you to you, David, Jim, etc. for the details about coins. There is one problem though... we don't want to promote the coins we actually might want to buy too much for then we might then not be able to afford them!

I'm going to sell a TON on ebay the next month to try to raise money. I really hope to buy something from the Mershon set.

oreville · March 12, 2005 7:36AM

wondercoin: This is way too cool.

You know that I pride myself on wanting to learn all I can learn and to share all I can share. Knowledge being shared by you and MS68 will be awesome.

Best of all, it is FREE for the collectors here.

I remember having my heart "broken" in 1978 when I could not find a single gem 1926-S red cent after 10 years of looking as a teenager. I really thought the national dealers including the biggest of them were hiding them from me. You should have seen the tears in my eyes when after looking for 10 hours straight I thought I was going to have to have a non complete lincoln cent set!! Even then the lincoln cent series remains tied as one of my first three "loves" along with the washington quarters and mercury dimes. But I have been too quiet for too long in this series.

I learned very early on what a "stopper" really was! That was the only time in my life a single coin ever caused me to literally break down.

wondercoin · March 12, 2005 8:38AM

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merz2 · March 12, 2005 8:58AM

Wondercoin
The combined knowledge and experience of you three will make this a very interesting thread,to say the least.I am quite sure this will be very informative.It can only help with the sale of this fine collection.My hat is off to all of you.

mustangman7 · March 12, 2005 12:03PM

Let the schooling begin! I can't wait to get further educated on the coins that I love so much. I only wish I could afford to buy some of them right now.

jacktheknife · March 13, 2005 2:28AM

cosmicdebris · March 13, 2005 3:51AM

Will Jim and Dave also be posting to this thread?

wondercoin · March 13, 2005 6:41AM

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RBinTex · March 13, 2005 11:46PM

This might be a case where getting all the slabs pedigreed might be a "value added" idea - if only for the novelty.

wondercoin · March 14, 2005 1:16AM

RB: Your suggestion makes sense since a meaningful % of the coins in the 1935-1958 portion of the Lincoln cent collection are relatively inexpensive. I will pass your suggestion along to Mike Sadler - Tom's point man at Heritage on the consignment.

Wondercoin

jacktheknife · March 16, 2005 11:18AM

TTT- Just because I am so curious to see where this thread goes.

Jack

wondercoin · March 18, 2005 9:38AM

haletj · March 18, 2005 11:19AM

Awesome! Thank you!

Keyrock · March 18, 2005 11:27AM

Mitch,

Who wrote up the auction description in the catalog for the coins. Did Heritage do all of the coins descriptions or was it done by committee?

Rich

wondercoin · March 18, 2005 11:35AM

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PQpeace · March 20, 2005 9:36AM

Keep this thread going !
I want to add a few coins to my top secret Lincoln set

Larry

wondercoin · March 20, 2005 1:10PM

Coppernicus · March 21, 2005 12:56PM

Mitch - This is really nice of you to do and is a great learning experience for me and probably a lot of other "wheat heads." I have drooled over Tom's set for a long time (love the zeros in the "finer" column!)

Do you happen to know if Stewart is interested in any of Tom's coins? If so, I would go to the CS show just to watch!! I'd like to throw in a starting bid just to be able to say that Stewart (or maybe Jerry?) outbid me.

This does sound like so much fun...and an awesome Lincoln wheat set to boot!

Mike

wondercoin · March 21, 2005 1:55PM

Coppernicus · March 21, 2005 2:31PM

Mitch - I didn't know that the 28-S may be the finest - it's listed as "nograde" in his set.

I see some like his 21-P in 68RD, the 16-D in 66RD, and the 15-S in 66RD and am just dumbfounded! Perhaps Stewart and Jerry have the same grades in these but gosh! I can only dream about these and maybe I'll see them someday if they're displayed at a show.

My 32-D in 66RD is by far my favorite early Lincoln, but that's a pop 153/4. These pop 5/0, etc. that Stewart, Tom, Jerry, et. al., have are mind boggling!!

I can't wait for the auction at Central States - I'm sure there will be heavy bidding and I hope that Tom gets the prices he's hoping for.

Mike

DMWJR · March 21, 2005 10:43PM

Is the entire set being photographed before it is sold? If I were him, I would strongly consider it.

wondercoin · March 21, 2005 10:51PM

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jacktheknife · March 21, 2005 10:59PM

Doug,

Good point. I would send the coins to Shylock for imaging. Both Gerry and Stewart have had coins imaged by him. I think he is an expert when it comes to copper. Great images will do much more to bring higher prices than say... well, we'll just leave it at that.

Jack

wondercoin · March 21, 2005 11:06PM

"Is the entire set being photographed before it is sold? If I were him, I would strongly consider it."

Doug: The photographing is an issue between Heritage and Tom, but, I will pass along your comment, which makes sense.

Wondercoin

SethChandler · March 22, 2005 12:15AM

Is there an estimate on the 1909-S VDB?

SethChandler · March 22, 2005 3:10AM

How come Stewart Blay hasn't jumped in? I always enjoyed his comments about Lincolns, doesn't he know as much as anyone? I guess the orange underwear is at the cleaners............

bh90210 · March 22, 2005 8:35AM

Have you seen the Los Altos Collection being offered by Bowers and Merena in their ANA Auction? It's actually a finer collection for the period 1934-1958. 1934 for example, the Los Altos has in 68-RD, the 1939-D in 68-RD etc. The auction is posted on their website

haletj · March 22, 2005 11:11AM

Holy Cow!! Can the market handle all those ms67 P mints from 46-56 at once? We'll have to see. Gosh, an ms67 54-p!! Wow! I wonder which coin will bring more, the ms67 54-p or the ms67 35-s in the Mershon set.

Keyrock · March 22, 2005 9:56PM

I'm sure Stewart is waiting in the wings and already knows which ones he wants to re-aquire. No sense tiping your hand at this early stage. I'm sure Gerry , bender et al are watching too, stay tuned......

bh90210 · March 23, 2005 1:16AM

I spent some more time comparing the Los Altos collection being offered by Bowers and Merena in April with the Mershon collection. Bowers are touting the Los Altos as the finest PCGS-certified collection of 1934-1958 Lincoln Cents ever offered at auction. There are six finer coins in the Los Altos Collection, details below:

1934 MS-68 RD (PCGS). Ex. Benson.

1935 MS-68 RD (PCGS).

1939-D MS-68 RD (PCGS).

1949 MS-67 RD (PCGS).

1953 MS-67 RD (PCGS).

1954 MS-67 RD (PCGS).

Quote from Bowers and Merena Press Release
"Specialists in the Lincoln Cent series, especially those assembling PCGS Registry Sets, will delight in Bowers and Merena's offering of the Los Altos Collection," continued Ambio. "This important collection is the finest PCGS-certified set of 1934-1958 Lincoln Cents ever offered at auction, and it includes numerous top-of-the-pop examples."
Full Press Release

RBinTex · March 23, 2005 1:28AM

As a consolation prize, anyone not successful at acquiring Tom's MS66RD 1909-VDB DDO can still get one in MS65RD or MS64RD or MS64RB, or MS64BN, or MS63RB, or MS62BN from us

wondercoin · March 23, 2005 1:29AM

That 1934-58 collection to be auctioned by Bowers is a lovely collection of late date wheats as well to be sure.

Wondercoin

jonesy · March 23, 2005 1:32AM

Wow!! Can someone loan me $800000???

lloydmincy · March 23, 2005 1:39AM

<<Holy Cow!! Can the market handle all those ms67 P mints from 46-56 at once?>>

Easily. Prices to get these shouldn't be too bad, (I'm usually wrong!) because there are a bunch of 67's in those years - and if not - a TON graded just below. Furthermore, certainly more to come as more Lincolns are graded.

jacktheknife · March 23, 2005 2:55AM

Jonesy,

$800,000 will be close, but my guess is that the Mershon Lincolns could bring north of that number. Obviously, it will depend on a number of factors, including parties interested, quality (for the grade) of the coins, etc. It'll be interesting to watch.

Jack

haletj · March 23, 2005 3:22AM

Ira Stein estimated the Mershon set at at least $1.4M. I was going to have at least $13K for the auction, but then I spent $8K with Ira! Now I have to start saving again.

jonesy · March 23, 2005 7:17AM

<< <i>Jonesy,

$800,000 will be close, but my guess is that the Mershon Lincolns could bring north of that number. Obviously, it will depend on a number of factors, including parties interested, quality (for the grade) of the coins, etc. It'll be interesting to watch.

Jack >>

I don't need all of them.

oreville · March 27, 2005 6:51AM

A shame that we are not seeing the grading opinions of those who have seen these coins.

bullseye · March 27, 2005 7:11AM

I think I'll stick to early Type. Less hype, rarer coins, prettier coins too.

oreville · March 27, 2005 7:34AM

bullseye: believe it or not when I collected lincoln cents between 1965 and 2005 there were 10 years of more hype and pricy compared to scarcity. The other 30 years lincoln cents were cheap and very unhyped. Things come and go.

There are times when even type coins are overhyped and too pricey! But agreed that right now type coins are reasonably priced. But they usually are 75% of the time.

cosmicdebris · March 28, 2005 12:14AM

<< <i>As a consolation prize, anyone not successful at acquiring Tom's MS66RD 1909-VDB DDO can still get one in MS65RD or MS64RD or MS64RB, or MS64BN, or MS63RB, or MS62BN from us >>

Who is us?

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