Tracking a 1955/1955 Lincoln cent

shylock

It took 3 years for this one to barely retain its value:

PCGS MS65RD in 2001, sold for an amazing $59.225 by Heritage

Upgraded to NGC MS66RD in 2002, unsold several times by Heritage

Still NGC 66RD, sells for a loss at $46,000 by B&M in 2002

Still NGC MS66RD, sells for a nice profit at $62,100 by ANR in 2005 -- a tad higher than its original 65RD PCGS 2001 price

Bochiman

I like it, but it is "too highend" and the price is too high.
My belief is that the "highend" coins that aren't also rare will not go up as much in price. Now, if there were less than a few hundred of the 55/55 that were graded, I think it would have gone up more.

Also, since it isn't integral to have to complete a set, in many people's minds, it is even more of a luxury than most coins.

Too, seeing as how it was cracked out of a PCGS holder, even with the NGC grade bump, it isn't going to play in the PCGS registry...there goes some of the $$$$ right there.

Now, is the 62,100 realized price the price WITH or WITHOUT the juice? If it is with the juice, then the coin really didn't increase at all.

Nice coin, I like it, but I wouldn't spend more than $3000-$4000 myself (I know there are plenty who would/could spend more but that list gets smaller and smaller the higher up you go)

Lakesammman

You know, it LOOKS like a NGC 66R coin....