Home U.S. Coin Forum

UNC Wheat roll update-WOW!

I posted earlier about buying rolls of UNC 1951-D, 1952-D, 1953, 1954, 1955, 1956, 1957 Wheats and have some cool news to report! I figured out that the rolls I bought must have been gem rolls that were handpicked from other rolls during the 50s and put into these old penny tubes (see pic). In the 2nd 1953 roll I opened, at least 60% of the wheats were MS-66, some may be 67s, about half of those blazing "just off the die" RED. I'm guessing that these exchanged hands long ago through a dealer or from a serious collector and by the time I got them from the dealer he thought they were just a tube of unsearched unc wheats.

They are all mixed tones, some blazing bright some mottled light brown with webbingstriping. What cued me in was that the toned wheats have almost perfect surfaces and orginal luster poking out under the sometimes ugly toning, indication these were all handpicked as being gems and put in these rolls. I guess I got real lucky because "P" 1950s wheats are tough to get in 66, especially 53 and 54. Almost every coin in the rolls I've searched so far have yielded mostly 65s and 66s, some 64s, and an occasional 63, and some (which the grading services will have to see) are good 67 candidates. I feel like I hit the 1950s Wheat "Motherload" lolimage Check out some of the pics of these 1953-P's........ The rolls as you can see are the older type and the tape and label appear to be very old. I also posted pics of some of the 1953-P toned wheats towards the bottom. Wheat collectors post your pics of 1950's-P's if you got them!

Comments

  • I just went through another 1954 "P" and found several bright red MS-66 coins! I still have 1950, 51, 56, and 57 to go through and I'll post my results here if anybody's interested.
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    Those photos are too far off to allow anyone to estimate a grade.... other than mostly RED.

    Will you send a small sample lot to PCGS first to be sure you and they are grading in the same ballpark?
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Member grade MS66 and MS67=PCGS grade MS64 and MS65... Been there, done that, have the slabs to prove it!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • RussRuss Posts: 48,514 ✭✭✭
    Scoring all those MS67 P Mint 1950's Lincolns will net you a tidy sum.

    Russ, NCNE
  • Sorry about the poor camera shots but I'm not yet hip on how to get close up shots without blurrinessimage As for the coins grades, I did take a couple to a PCGS submission center and was told they were very nice MS-66's. I went on Heritage's website and compared the coins that I have to other PCGS and NGC MS-65, 66, and 67s, and mine were as good or even better in some cases. Considering these were gem rolls of "P" mint 1950s Wheats I'd say I got very lucky. The "bad" rolls had 80% 65 bright reds! I'm trying to assemble the very best and shoot for MS-67 in 1953 and 1955. I still have several rolls to go through and I'm a bit overwhelmed. Since almost every coin is higher grade, I've had to put them directly into 2x2's and label them. With over 500 coins it's a monumental task for me combined with running my business!
  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    sounds like you are having lots of fun!!! good luck in your searching...

    Marty does make a valid point.... we tend to see our own personal coins in a better light then what a professional grader does..


    ms66 and ms67 cents are not easy to find... but thy are certianly out there, as I personally have made my share of them....

    Here is something I discovered in my own coins I submitted as well as observing many graded specimens...

    The O in One Cent on the reverse must be full struck and rounded to get into a seven holder...

    I have had rather flawless cents but yet a mushy O that has the upper portion blending into the field fall into six holders..

    all my sevens had a solid struck well defined O.....
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • Thanks for the tip Lucyimage You are all right about grading, as what we see and what a grader sees is another story. I'm basing my opinion off both the PCGS dealer who I consider a "ball-buster" with grades plus the blow-up photos on Heritage's auction site of comparible PCGS coins. 67 is a tough one, but I'm quite sure at this point that I have a load of 66s, which is why I'm jumping for joy! I got very lucky because the I dealer bought these from still doesn't know that he sold me hand picked gem rolls for $15 bucks a piece. I now know and will tell him after I get them sorted into 2x2 binders to show him.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I went on Heritage's website and compared the coins that I have to other PCGS and NGC MS-65, 66, and 67s, and mine were as good or even better in some cases. >>



    That sounds eerily familiar.

    Russ, NCNE
  • ???

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file