1018 Small Cent 2003P PCGS 70 RD Registry Full satin-like mint luster. Well struck. Stunning red surfaces. The ultimate certified grade. PCGS has certified this single example at this level. A truly outstanding modern rarity among Mint State Lincoln Cents as the sole representative from 1959 through 2003 to be certified at this impressive highest grade. $13,500.00
LOL@pharmer's "can ya spare a dime" comment. congrats compromonedas, and especially congrats to the guy who submitted it. That's a heck of a return for pulling a penny out of the "TAKE A PENNY" cup at the gas station, huh ?
I really don't know anything (as someone pointed out to me earlier ) and this goes to prove it further. I honestly thought the coin would sell for a much higher price. Congrats to both the buyer and seller.
People may bash it; but until PCGS certifies another (if ever) at MS-70 it remains alone at the top.
<< <i>I really don't know anything (as someone pointed out to me earlier ) and this goes to prove it further. I honestly thought the coin would sell for a much higher price. Congrats to both the buyer and seller. People may bash it; but until PCGS certifies another (if ever) at MS-70 it remains alone at the top. >>
I agree. I was tempted to jump in at the end. --Jerry
I had a bidder at $10k. I thought the coin would bring $15k plus fees.
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I'm surprised that the coin didn't go for well into 5 figures. I would have predicted at least $20K. Maybe people are a little more timid when it comes to fantastic plastic these days.
Buyers beware! What do you think the next MS70 will go for? The next? The next?
Too many potential 70s out there for me. Now show me a 1923-S in 65RD and I'll show you some strong bidding - not many of these will pop up in the near future...
Mike
Coppernicus
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
Compromonedas, I thought the coin would go for around where it did, but if you were willing to go to $21k you must be thrilled to get it "cheap."
Now you just need to wait and see if anyone else can join you on top of the hill. If not, you will be king of the Lincoln cents, the coin's value should go up, and you will be justly rewarded for being king of the hill.
Then again, what do I know, I thought Greg Kelser would make a better NBA player than his teammate Earvin Johnson, also known as Magic Johnson.
<< <i>Compromonedas, I thought the coin would go for around where it did, but if you were willing to go to $21k you must be thrilled to get it "cheap." Now you just need to wait and see if anyone else can join you on top of the hill. If not, you will be king of the Lincoln cents, the coin's value should go up, and you will be justly rewarded for being king of the hill. Then again, what do I know, I thought Greg Kelser would make a better NBA player than his teammate Earvin Johnson, also known as Magic Johnson. >>
Why does he need to wait? He IS king of the lincoln cents until someone joins him. --Jerry
My only question is which of the 100 Greatest Coins (form the book of the same name) would the modern ultramorons advocate this coin displace?
(PS -- I am not against moderns or their collectors. There are obviously going to be some classics arising from among those coins. Condition rarities too. But this MS70 cent will not last as such.) >>
I really think this coin sold for a steal. Not because it is the finest 2003 Lincoln cent. Collectors tend to include every date in a set and 2003 is another. Just because this date tends to come nice is no reason to exclude it. Just as the '25-S doesn't so often come nice is no particular reason to ele- vate an MS-65 far above the MS-70. The '25-S isn't considered one of the 100 greatest coins because it's just another date. This applies to the 2003 as well but in addition to be just another pop-top it's still the highest grade US coin made for circulation.
You'll find little opinion now for displacing a coin from the book, but would it really be that surprising if opinion builds over the years. What if no more of these are found? Coins have probably always picked up most of their marking at the mint before they go in collections. We'll have to see if this changes in the future but it was true in 2003 so the coin will remain a pop top.
<< <i>I don't think that tick between the L and I of LIBERTY is gonna bother the winner one little bit (the 300% TT deja vu feature). >>
There also appears to be a tick mark on the lower side of the "O" on the "ONE CENT". I guess an MS70 no longer has to be perfect.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>IMHO, this coin had to come from a mint set. It never was in a bag. >>
Jumbo bags tend to be murder on the coins. Only a few on the top have much chance of escaping unscathed though these will have already been banged up anyway.
It is a mint set coin according to the finder and the appearance strongly supports that.
<< <i>How much could a coin that will probably disolve in the holder if exposed to too much humidity bring? >>
The zinc Lincolns with intact plating are mostly immune to this process and are likely to retain this immunity unti the plating is compromized. This may be the last zinc penny in the world sooner than you think since it has clean surfaces.
<< <i>If no more cents are graded MS70 within the next couple years, I'd be surprised if the owner could not at least double his money. Sell it in 2009. >>
I agree. This could turn out to be one hell of a rip. If you compare it to what the pop 2 PR70DCAM GAE brought, the realized price of this Lincoln seems pretty cheap.
I'm glad the buyer says he would have gone 21K--I'd have gone $15 but thought it wouldn't sell. I find it hard to believe there'll be any more for awhile after all the publicity. Any bets it breaks 22K at Heritage Fun Platinum Sale?
Ironic, isn't it, that it resided in a mint set not intended for circulation. >>
Indeed.
Though it is hardly unusual that mint sert coins end up in circulation since they can't be told from circulation issues. Until 2005 mint sets were just the easiest way to find gems. Seeking gems in the sets was like shooting fish in a barrel, but they were still fish.
CONGRATULATIONS on picking up the coin compromonedas. It went for about $5K less that I thought it would. More importantly, I commend you for having the juevos to come on these boards and share the news with everyone.
I don't want to seem pushy, but do you have a lincoln registry set? It sure would be neat to see it appear in a registry set!
1018 Small Cent 2003P PCGS 70 RD Registry Full satin-like mint luster. Well struck. Stunning red surfaces. The ultimate certified grade. PCGS has certified this single example at this level. A truly outstanding modern rarity among Mint State Lincoln Cents as the sole representative from 1959 through 2003 to be certified at this impressive highest grade. $13,500.00
Sounds like Keith hasn't seen the coin yet. Soooooooooo.....what would compromonedas options be if the acquisition in question turns out to be of a lesser quality than what would be expected from a MS70 grade? Would it be in his best interest to return the coin to Teletrade or send it back to PCGS for a review? To avoid the restocking fee, it would go to PCGS but what would PCGS want the buyer to do? I would want to know what my options were since this is a coin I would not want to end up eating if the quality for a MS70 coin wasn't there. Unless, of course, this buyer could care less about what he bought as long as the label says MS70!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
Comments
Current bid: $13,000
Knowledge is the enemy of fear
tom
Hmmh, interesting! I wonder what it'll flip for in a year or so?
Tom
<< <i>It ended at $13,500. >>
Hmm. That's only ridiculous money. I was expecting ludicrous money.
Ed. S.
(EJS)
Here's a warning parable for coin collectors...
--------------------------------------------------------------------------------
1018 Small Cent 2003P PCGS 70 RD Registry
Full satin-like mint luster. Well struck. Stunning red surfaces. The ultimate certified grade. PCGS has certified this single example at this level. A truly outstanding modern rarity among Mint State Lincoln Cents as the sole representative from 1959 through 2003 to be certified at this impressive highest grade. $13,500.00
--------------------------------------------------------------------------------
Subtotal: $13,500.00
Buyer's Fee: $1,620.00
Postage and Handling: $16.00
Sales Tax: $0.00
Total: $15,136.00
You bought it? And, you're admitting it publically? Get ready for the barrage from the modern bashers.
Russ, NCNE
Keith
<< <i>I did Ross. I think is a good buy, my bid was 21G.
Keith >>
Congrats. And a belated welcome to the forum, on behalf of Ross et al.
Say buddy, can ya spare a dime?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
congrats compromonedas, and especially congrats to the guy who submitted it. That's a heck of a return for pulling a penny out of the "TAKE A PENNY" cup at the gas station, huh ?
Joe
``https://ebay.us/m/KxolR5
Congrats to both the buyer and seller.
People may bash it; but until PCGS certifies another (if ever) at MS-70 it remains alone at the top.
ever????
sorry, Russ.
<< <i>I really don't know anything (as someone pointed out to me earlier
I agree. I was tempted to jump in at the end. --Jerry
It to meet reserve.
It to go so "low".
That we would find out IMMEDIATELY not only who won, but that it was a forum member.
That this forum would react with dead silence
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Questions about Ikes? Go to The IKE GROUP WEB SITE
morris <><
** I would take a shack on the Rock over a castle in the sand !! **
Don't take life so seriously...nobody gets out alive.
ALL VALLEY COIN AND JEWELRY
28480 B OLD TOWN FRONT ST
TEMECULA, CA 92590
(951) 757-0334
www.allvalleycoinandjewelry.com
<< <i>I did not expect:
It to meet reserve.
It to go so "low".
That we would find out IMMEDIATELY not only who won, but that it was a forum member.
That this forum would react with dead silence
I'm with you, pharmer, on all those surprises. If that '50-D nickel recently went for 17k+, I thought for sure this...penny...would double that mark.
As far as the reaction, I suspect it will pick up tomorrow morning.
If no more cents are graded MS70 within the next couple years, I'd be surprised if the owner could not at least double his money. Sell it in 2009.
Buyers beware! What do you think the next MS70 will go for? The next? The next?
Too many potential 70s out there for me. Now show me a 1923-S in 65RD and I'll show you some strong bidding - not many of these will pop up in the near future...
Mike
Lincoln Wheats (1909 - 1958) Basic Set - Always Interested in Upgrading!
Compromonedas, I thought the coin would go for around where it did, but if you were willing to go to $21k you must be thrilled to get it "cheap."
Now you just need to wait and see if anyone else can join you on top of the hill. If not, you will be king of the Lincoln cents, the coin's value should go up, and you will be justly rewarded for being king of the hill.
Then again, what do I know, I thought Greg Kelser would make a better NBA player than his teammate Earvin Johnson, also known as Magic Johnson.
<< <i>What do MS69 memorials go for?
morris <>< >>
I'm sure you'll find that not all memorial cents exist in MS-69. Some are pretty tough in 67.
The '86 to date issues sometimes come exceedingly nice.
<< <i>Compromonedas, I thought the coin would go for around where it did, but if you were willing to go to $21k you must be thrilled to get it "cheap." Now you just need to wait and see if anyone else can join you on top of the hill. If not, you will be king of the Lincoln cents, the coin's value should go up, and you will be justly rewarded for being king of the hill. Then again, what do I know, I thought Greg Kelser would make a better NBA player than his teammate Earvin Johnson, also known as Magic Johnson. >>
Why does he need to wait? He IS king of the lincoln cents until someone joins him. --Jerry
<< <i>*yawn*
My only question is which of the 100 Greatest Coins (form the book of the same name) would the modern ultramorons advocate this coin displace?
(PS -- I am not against moderns or their collectors. There are obviously going to be some classics arising from among those coins. Condition rarities too. But this MS70 cent will not last as such.) >>
I really think this coin sold for a steal. Not because it is the finest 2003 Lincoln cent. Collectors
tend to include every date in a set and 2003 is another. Just because this date tends to come nice
is no reason to exclude it. Just as the '25-S doesn't so often come nice is no particular reason to ele-
vate an MS-65 far above the MS-70. The '25-S isn't considered one of the 100 greatest coins because
it's just another date. This applies to the 2003 as well but in addition to be just another pop-top it's
still the highest grade US coin made for circulation.
You'll find little opinion now for displacing a coin from the book, but would it really be that surprising if
opinion builds over the years. What if no more of these are found? Coins have probably always picked
up most of their marking at the mint before they go in collections. We'll have to see if this changes in
the future but it was true in 2003 so the coin will remain a pop top.
<< <i>I don't think that tick between the L and I of LIBERTY is gonna bother the winner one little bit (the 300% TT deja vu feature). >>
There also appears to be a tick mark on the lower side of the "O" on the "ONE CENT". I guess an MS70 no longer has to be perfect.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>IMHO, this coin had to come from a mint set. It never was in a bag. >>
Jumbo bags tend to be murder on the coins. Only a few on the top have much chance
of escaping unscathed though these will have already been banged up anyway.
It is a mint set coin according to the finder and the appearance strongly supports that.
<< <i>How much could a coin that will probably disolve in the holder if exposed to too much humidity bring? >>
The zinc Lincolns with intact plating are mostly immune to this process and are
likely to retain this immunity unti the plating is compromized. This may be the last
zinc penny in the world sooner than you think since it has clean surfaces.
Ironic, isn't it, that it resided in a mint set not intended for circulation.
<< <i>If no more cents are graded MS70 within the next couple years, I'd be surprised if the owner could not at least double his money. Sell it in 2009. >>
I agree. This could turn out to be one hell of a rip. If you compare it to what the pop 2 PR70DCAM GAE brought, the realized price of this Lincoln seems pretty cheap.
Russ, NCNE
San Diego, CA
<< <i>At this price, the U.S. Mint should start considering a partnership with PCGS.
You can likely bet that PCGS will see an increase in modern cent submissions. How soon until the next 70?
collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
The Low Budget Y2K Registry Set
wouldn't sell. I find it hard to believe there'll be any more for awhile after all the publicity.
Any bets it breaks 22K at Heritage Fun Platinum Sale?
<< <i>
Ironic, isn't it, that it resided in a mint set not intended for circulation.
Indeed.
Though it is hardly unusual that mint sert coins end up in circulation since they can't be told from
circulation issues. Until 2005 mint sets were just the easiest way to find gems. Seeking gems in
the sets was like shooting fish in a barrel, but they were still fish.
I don't want to seem pushy, but do you have a lincoln registry set? It sure would be neat to see it appear in a registry set!
Congrats!
Toby
<< <i>Lot Description Price
--------------------------------------------------------------------------------
1018 Small Cent 2003P PCGS 70 RD Registry
Full satin-like mint luster. Well struck. Stunning red surfaces. The ultimate certified grade. PCGS has certified this single example at this level. A truly outstanding modern rarity among Mint State Lincoln Cents as the sole representative from 1959 through 2003 to be certified at this impressive highest grade. $13,500.00
--------------------------------------------------------------------------------
Subtotal: $13,500.00
Buyer's Fee: $1,620.00
Postage and Handling: $16.00
Sales Tax: $0.00
Total: $15,136.00 >>
Sounds like Keith hasn't seen the coin yet. Soooooooooo.....what would compromonedas options be if the acquisition in question turns out to be of a lesser quality than what would be expected from a MS70 grade?
Would it be in his best interest to return the coin to Teletrade or send it back to PCGS for a review?
To avoid the restocking fee, it would go to PCGS but what would PCGS want the buyer to do?
I would want to know what my options were since this is a coin I would not want to end up eating if the quality for a MS70 coin wasn't there. Unless, of course, this buyer could care less about what he bought as long as the label says MS70!
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection