(3) 1909VDB Matte Proof Lincoln Cents at LB June 1st

Steve

Attention all Lincoln Cent PROOF collectors!!!

I've edited this lead thread and updated for the upcoming auction of not 1, not 2, but THREE 1909VDB Matte Proof Lincoln Cents, the most difficult to acquire coin in the series. They will be up for auction at Long Beach June 1st as lots 428 thru 430. A NGC 64BN, a PCGS 65RB and a PCGS 66RB are in the auction.Check it out here.

We will follow the internet bidding which is now underway. There is also a HUGH selection of other Matte proof, Brilliant proof and Deep Cameo proof Lincoln cents in this auction. Good luck to all who participate. Steve

P.S.

1st Day Bidding:

Lot 428 NGC 64BN 5 bids $3,250 on 5/12
Lot 429 PCGS 65RB 8 bids $6,500 on 5/12
Lot 430 PCGS 66RB 7 bids $13,000 on 5/12

WaterSport

AND, I might add Every other MATTE, PLUS, Tons of other proof Goodies!

WS

AndyNC2005

That's one nasty looking 1990 no S cent.

cohodk

<< <i>AND, I might add Every other MATTE, PLUS, Tons of other proof Goodies!

WS >>



I guess those matte proofs arent so hard to find afterall.

WaterSport

I thinka moment of silence is in order for those two 1990 no S cents, Dang!

WS

Steve

<< <i>I thinka moment of silence is in order for those two 1990 no S cents, Dang!

WS >>



Bob,
As I have said before, anyone who owns their 1990 no S Lincoln cent in a government issued Proof Set right now, should IMMEDIATELY remove the coin from the set and have it slabbed by PCGS, NGC or ANACS. Allowing that coin to remain in the government packaging risks continual deteriation of the coin. Steve

DMWJR

The 65 RB will go for $14k including the juice.

lincolncentguy

What in the world caused that kind of damage on the 1990 No S proofs? It looks like some major condensation may have set in.

WaterSport

Looks like they have now added a 3rd 1909 VDB matte proof at 66 R&B!

WS

Steve

AMAZING! Three 1909VDB Matte Proof Lincoln cents in high grades in ONE auction. It will be very interesting to see how each of them does.
Steve

Steve

ttt

zkcoins

that 1909 65rb and 66rb are both so sexy.....

Steve

UPDATE on Mother's Day for the 1909VDB Matte Proofs:

Lot 428 NGC 64BN 6 bids $4,750 current
Lot 429 PCGS 65RB 9 bids $7,500 current
Lot 430 PCGS 66RB 7 bids $16,000 current

Steve

cohodk

I had a dream about these stupid coins last night.

The 64 realized $9750
The 65 realized $53,750
The 66 realized $203,000

Steve

Early bidding on these three coins is impressive.

As of May 16th the bidding is as follows:

Lot 428 NGC 64BN 7 bids, $5,000
Lot 429 PCGS 65RB 9 bids, $12,000
Lot 430 PCGS 66RB 8 bids, $17,000

It is interesting to note that the PCGS price guide has the three coins listed at retail value as:

64 BN $3,550
65 RB $9,000
66 RB $20,000

The 1990 No S in PR67DCAM is bid to $5,000 and the two damaged proof set versions look like they might not sell. 15 days to go.
Steve

WaterSport

Well, it looks to me the PCGS price guide will have to be upgraded after this auction is done.

WS

Coppernicus

There is no way that 66RB is a 66! It is a 68! Disagree? Tell me why!

Mike

segoja

Mike,

Great question. Always hard to tell from pics/scans. I would say some of the minor coloration areas take the eye appeal away froma loftier grade, but you never know.

I plan on looking at these closely in LB. I hope you are correct.

Steve

Lots 463 & 464, those damaged 1990 no S proof sets have been moved to the "proof set" classification in the auction and are currently bid at $1,300 and $1,600 respectively. It shows to me that a rare coin like this has value regardless of its obvious problems.

On the 1909VDB Matte Proofs, interesting activity as each coin has advanced in the past two days with no NEW bidders participating. As of 5/18 the following:

Lot 428 NGC64BN 7 bidders, $6,500
Lot 429 PCGS65RB 9 bidders, $13,000
Lot 430 PCGS66RB 8 bidders, $18,000

Steve

lloydmincy

Thanks for letting me know about them, Stevo!!!!

BTW, I am high bidder on the 66RB. I just bid a minute ago...

roadrunner

Stevo, pretty shrewd if you are the owner

roadrunner

lloydmincy

Roadrunner - what are you incinuating???

Steve

<< <i>Stevo, pretty shrewd if you are the owner

roadrunner >>



Brian,
THAT coin is WAY out of my league.

Lloyd,
Best of luck on getting it. It is a beautiful example. In future updates, I need to add the "juice" to the numbers.

Steve

DMWJR

Lloyd, are you collecting proof Lincolns now?

cohodk

<< <i>Thanks for letting me know about them, Stevo!!!!

BTW, I am high bidder on the 66RB. I just bid a minute ago... >>



Not any more

DMWJR

Lot 428 NGC64BN 7 bidders, $6,500 (w/BP $7,475)
Lot 429 PCGS65RB 9 bidders, $13,000 (w/BP $14,950)
Lot 430 PCGS66RB 10 bidders, $20,000 (wBP $23,000)

lloydmincy

OK, it was something else. I still think he thought Steve was trying to pump coins he owned. But I knew Steve wasn't doing that at all. Back to Defcon 1.

DMWJR

Steve, you are not updating this thread fast enough!

Lot 430 PCGS66RB 11 bidders, $24,000 (wBP $27,600)

Steve

Here's the latest update as of Monday evening with 10 days to go to the auction. All bids are INCLUDING the 15% juice.

Lot 428, NGC64BN, 7 bidders, $7,475
Lot 429, PCGS65RB, 9 bidders, $14,950
Lot 430, PCGS66RB, 11 bidders, $27,600

Only movement since last Thursday has been on the 66RB which has added 3 bidders and moved up from $20,700.

On the 1990 no S, we have the following:

Lot 462, PCGSPR67DCAM, 4 bidders, $6,900
and the two damaged proof sets still
remain at $1,495 & $1,840 with 3 bidders each.

Steve

(also known as "my fault" by LMS)

lloydmincy

I was outbid AGAIN!!! That 66RB is one of the best I've ever seen, even though only through pictures and not seeing it "live". Yes, DMWJR, I said I was Done in my message to you, but I couldn't help myself!! Looks like $30000 or more, which to me is...

...Amazing for a RB.

Steve

<< <i>

It is interesting to note that the PCGS price guide has the three coins listed at retail value as:

64 BN $3,550
65 RB $9,000
66 RB $20,000


Steve >>



Lloyd,
I'm rooting for you to get that coin. I can't see how you won't make money whenever you might sell it in the future. It will only go up in value over time IMHO.

I'm also expecting to improve my #293 position in the WS of coin trading after this auction. I "own" all 23 65RB's and 4 of the 6 66 RB's. I gotta believe the 1909VDB Matte Proof in the PCGS price guide will reflect what these coins go for in Long Beach next week.
Steve

morgannut2

History is full of top auction coins selling for much less a couple of years later, after auction fever was over. At these bids, I would have to have looked at this one (and any other superb gems) and decided this one stands up and dances when I hold it!

Steve

Reserves have been posted! All prices WITH 15% juice.

The 1909VDB Matte Proof coins:

Lot 428 NGC 64BN, 7 bids, $7,475
Lot 429 PCGS 65RB, 9 bids, $17,250
Lot 430 PCGS 66RB, 11 bids, $29,900

The 1990 No S coins:

Lot 462 PCGS 67DCAM, 4 bids Reserve of $7,475 not yet met
Lot 463 damaged set, 4 bids, $1,725 no reserve
Lot 464 damaged set, 3 bids, $1,840 no reserve

Internet bidding closes next Wednesday evening. Auction is on Thursday afternoon.

Steve

Steve

Three and one half days since the last update and the ONLY change to any of the lots we are tracking (see prior message) is lot 463, the damaged 1990 no S proof set. One new bid brings that lot to 5 bidders and a current price with the juice of $2,070. Two and one half days left for internet bidding. Good luck everyone.
Steve

dbemike

Steve,
Aren't you upgrading your 09VDB matte so you can pass me your old one?
I'll be watching the auctions from the sidelines, as most will.

FYI: I spotted another 09VDB matte NGC 66RB in Coin World in a dealer ad.






dbemike

Steve

Mike,
Glad to see you participating here. Unfortunately, I'm not anticipating to compete for another PR1909VDB. Eight years to get the one I have and find out you were the underbidder is enough for me. I doubt we will ever see another LEGITIMATE one ever go for under $2k.
Steve

P.S. My recallection is that CW dealer ad was for around $30k. Do you remember the exact offering price?

dbemike

Steve
It was in Coin World May 29th edition on page 75 with a buying price of $27.5K...I won't mention the dealer since I really don't know the rules of posting here and I don't want to step on anyones toes.

I have no selling interest in above mentioned matte, just the interesting info that 4 of 420 up for sale at one time.




dbemike

dbemike

you were the underbidder is enough for me. I doubt we will ever see another LEGITIMATE one ever go for under $2k.


Steve
Your right about that under $2K, just pour more salt in the wound.....LOL.....no one deserved that coin more than you on that day and I'm glad you got it.




dbemike

Steve

NO changes in bidding since Monday morning. Internet bidding closes in less than 10 hours. Auction is on Thursday afternoon around 2 to 3 o'clock pacific time.
Steve

Steve

Internet bidding is over. Some last minute increases. All prices WITH 15% juice.

The 1909VDB Matte Proof coins:

Lot 428 NGC 64BN, 8 bids, $8,050
Lot 429 PCGS 65RB, 10 bids, $17,250
Lot 430 PCGS 66RB, 12 bids, $29,900

The 1990 No S coins:

Lot 462 PCGS 67DCAM, 4 bids Reserve of $7,475 not yet met
Lot 463 damaged set, 6 bids, $2,760 no reserve
Lot 464 damaged set, 4 bids, $2,760 no reserve

Auction is on Thursday afternoon.

I'll post the final numbers tonight.
Steve

Steve

Auction is over at 6PM eastern for Lincoln cents.
All prices WITH 15% juice.

The 1909VDB Matte Proof coins:

Lot 428 NGC 64BN, 8 bids, $8,050
Lot 429 PCGS 65RB, 10 bids, $17,250
Lot 430 PCGS 66RB, 12 bids, $29,900

The 1990 No S coins:

Lot 462 PCGS 67DCAM, 4 bids Reserve of $7,475 NOT SOLD
Lot 463 damaged set, 6 bids, $3,220 no reserve
Lot 464 damaged set, 4 bids, $3,220 no reserve


The 3 Matte Proofs went to internet bidders. Interesting results on the two damaged proof sets with the 1990 No S Lincoln. Floor action boosted the final price of both sets by an additional $400. The winner must believe he can conserve them.

Steve

Coppernicus

The '09 66RB looked soooooo good!!

Mike