Will it set another record?

MJPHELAN

I don't collect lincolns anymore, but I will be wathcing this MS-67RD Lincoln.

Have any of you Lincoln experts seen this coin in person?

PCGS 1909-S VDB MS-67 RD

segoja

Looks nice in the pics!

Dan50

I guess for that price, they include the finger print?

WaterSport

Gee, its even in an old Green Holder..It might be good for an upgrade!

WS

MJPHELAN

I was wondering about the right field. Do you think that is a fingerprint?

jacktheknife

There are two faint fingerprints on that coin that I can see on the image, right field and left, under LIBERTY. Let's see how many of these Lincolns actually sell. I sense a buyer's market coming. The music is slowly fading and people will be looking for chairs.


Jack

ellewood

Question for the experts:

Let's say the fingerprints did not exist on the obverse......looking at the reverse would the spot under the "R" in "Pluribus" and the spot just southwest of the "O" in "One Cent" put that coin in a 66 holder if it were submitted to PCGS today?

Russ

That sure is ugly for an MS67.

Russ, NCNE

zkcoins

<< <i>That sure is ugly for an MS67.

Russ, NCNE >>





Zach

iras4

What with the fingerprints and the blotchy reverse, I doubt it would grade better than MS-65 RD if broken out. Looks like a clear case of a reserve 12X what the coin might be actually worth because of a number on the insert. I'd be absolutely amazed if it met reserve.

Ira

jacktheknife

I'd be absolutely amazed if it met reserve.


Ira,

Ditto on most of the remaining high end Lincolns in the sale.

Jack

STEWARTBLAYNUMIS

No ....... I don't think it will bring a higher price than the Mershon example

The records will be set when the Walsh collection hits the auctions in Florida in January

Stewart

iras4

Jack,

I still hear the music quite clearly, and new players are entering the Registry for Lincolns all the time, yet some are building quality sets to near completeness before they post to the Registry. Many collectors are becoming quite selective, and the coin needs to be all there (and then some) to bring top dollar. Fewer serious players are buying the plastic as if that's all that matters. This is a good thing, actually.

Certainly, we can all see that a coin in an old green insert holder is no guarantee of an upgrade candidate. Far from it.

I have no problem selling better date Lincolns in red for strong $$, although I must say that eBay is slower than normal. I thinks all the fraudulent cloned auctions and bogus 2nd chance offers are taking a heavy toll and shaking bidder confidence. I know I'd sure have a hard time starting from scratch on eBay today.

Ira

oreville

Is it my imagination that there are a HUGE number of 1909-S VDB and 1955 DDO cents being auctioned at Long Beach?

roadrunner

It's in an old green tag holder so everyone should be thinking shot 68 right?

The coin has met the reserve price at $67,000. Looks like it will sell.

roadrunner

LincolnsRule

If I had $80,000 I would pay that much for that coin without a second thought...

AND THEN submit it to pcgs for downgrade and get the $90,000 that a correctly graded ms67 would sell for. It would be such an easy $10,000!

So why don't more people do that! Right now you could even submit coins that used to be viewed as accurately graded and get them downgraded.

RBinTex

"...AND THEN submit it to pcgs for downgrade and get the $90,000 that a correctly graded ms67 would sell for. It would be such an easy $10,000!

So why don't more people do that! Right now you could even submit coins that used to be viewed as accurately graded and get them downgraded.

If you think PCGS will let you make a profit on them and their grade guarantee I'd like some of what you are smoking

Russ

<< <i>If you think PCGS will let you make a profit on them and their grade guarantee I'd like some of what you are smoking >>



I made a tidy profit the one time I had to use it.

Russ, NCNE

Bochiman

<< <i>

<< <i>If you think PCGS will let you make a profit on them and their grade guarantee I'd like some of what you are smoking >>



I made a tidy profit the one time I had to use it.

Russ, NCNE >>



Ditto....I made > 50% of the coin cost to me. Course, the coin was under $400 and not close to $90k

RBinTex

If they have any way to verify what you paid from auction records that will be the top end of what they'll pay. Of course I didn't hire a lawyer.

saintguru

I'm no Lincoln expert, but that is not what I would grade MS67!! 66 at best.

lloydmincy

A ton of 1909-S vdb's and 1955 DD's on the market because there is a huge demand for these HIGH MINTAGE key date coins. Same with the 1916-D dimes and 1907 High relief Saints. I think there will be plenty to go around for everyone so why NOT sell at a high now???

I have two 1955 DD's ms65RD. You'll see them soon somewhere FOR SALE.

Stewart, is that 1909-S VDB one of your weaklings you're selling???


Grade guarantees for 5 figure coins vs. a couple hundred dollars???


Some of you were born yesterday, I see....

iras4

<< <i>A ton of 1909-S vdb's and 1955 DD's on the market because there is a huge demand for these HIGH MINTAGE key date coins. Same with the 1916-D dimes and 1907 High relief Saints. I think there will be plenty to go around for everyone so why NOT sell at a high now???

I have two 1955 DD's ms65RD. You'll see them soon somewhere FOR SALE.

Stewart, is that 1909-S VDB one of your weaklings you're selling???


Grade guarantees for 5 figure coins vs. a couple hundred dollars???


Some of you were born yesterday, I see.... >>



Well,

I returned an 1877 Indian Head Cent a few years ago that had been graded MS-65 Red. Nice color, but a small patch of scratches bewtween two letters in the motto, probably an attempt at spot removal. They agreed, put the coin in a MS-64 Red holder, and i got a check for $11,000 and $1000 worth of grading vouchers. I bought it sight-unseen from a Superior Auction without a photo, but without 10X magnification it looked solid for a MS-65 RD in hand, but......

I sold the coin at that time for $8000 IIRC and i described the problem in my description. Buyer loved it.

I doubt the photo would have revealed the problem.

Ira

Russ

<< <i>If they have any way to verify what you paid from auction records that will be the top end of what they'll pay. >>



I told them exactly what I paid and they still cut me a check for more than my cost, and reholdered the coin and sent it back to me.

Russ, NCNE

STEWARTBLAYNUMIS

Russ - They sent you back your coin.Were you pan -handling at the time ?

Lloyd Mincy- No, this 1909 s VDB is not,was never, nor will ever be my coin.BTW I'm not hitting you up for dinner but let's get together in Long Beach.

Stewart

RBinTex

"I told them exactly what I paid and they still cut me a check for more than my cost, and reholdered the coin and sent it back to me."

Well then all I can say is that I wish the guarantee wasn't SO subjective and that I wish - for a huge PUBLIC company - the guarantee was stated EXACTLY - SOMEWHERE - just what in fact it is.

jacktheknife

Lloyd,

TWO 55 DD's in 65RD! How many other high end Lincolns are you hiding? You should probably send them to me to have a look since you seem to be liquidating

Jack

ellewood

The last one in May brought $92K....does this mean that this one might bring six figures on the floor???????? I realize that this coin MIGHT (and I use that word lightly so I don't offend any buyers, sellers, dealers, collectors, thinkers, lookers, viewers, etc.) not be as desirable as the previous one...but I'm guessing that this thing creeps over $100K. Heck, online bidding is already at $80K. Has a lincoln ever sold for more than 100K?

tradedollarnut

Yes, the 1943 coppers regularly break $100k

jacktheknife

As far as regular strikes go, I believe the 26-S in 65RD traded for more than $100K. I also believe it is coming to the auction block this Jan.

It would be a safe bet to break $100K easily.

Jack

AndyNC2005

The "Juice" is $10K right now. Do auction companies really have to charge that much? If I'm not mistaken, they are also getting a precentage from the seller. Andy

PS.
Thanks for the welcome.

ellewood

I was going to say something about the "juice" as well. It's hard to believe that Heritage will take $10K-$15K just for selling the coin. I am in the wrong business

I'd like to hear from some of the experts...do collectors of these high dollar coins make more deals in private (so they don't have to pay the seller fees) or do they benefit more from having someone like Heritage sell because the coin gets more exposure? One would think that many of these guys that have these high dollar coins have potential buyers whispering in their ears for years before they ever sell the coin. I'm sure people with big buck coins could probably come up with a buyer for almost every single one of their coins....even before they ever hit an auction block....

Love to hear peoples thoughts on this....

kranky

Remember that it's possible for consignors to negotiate deals with no seller's fee, or even better. I'd think that withl a six-figure coin (or thereabouts), a seller could get an auction house to waive the seller's fee or even rebate part of the buyer's fee.

stephunter

Hammered at 67K according to live with Heritage.

MJPHELAN

I remember seeing one for sale for $10,000 about 4 or 5 years ago. I could not imagine anyone spending that kind of money on a lincoln.