Home› PCGS Set Registry Forum

Price surge in 1990 No S Lincoln PR68DC???

DMWJRDMWJR Posts: 6,008 ✭✭✭✭✭
in PCGS Set Registry Forum
Check out the latest one in the Bowers sale: $12,075 (including BP) with internet bids still open for one more day.

Auction Direct Link
Doug

Comments

  • lincolncentguylincolncentguy Posts: 23
    It's up to $12,500 ($14,375 BP) as of this post.
  • ellewoodellewood Posts: 1,750 ✭
    Where is Steve when you need him? I'll bet he can't even explain this one. That's seems WAY HIGH to me but what the heck do I know..I don't even own one. image

    (Held one in my hand at the Baltimore Show last year...but that's as far as I've gotten with one) image
    image
  • jacktheknifejacktheknife Posts: 1,547 ✭


    Yes, Steve will be joining the thread anytime now. He'll probably be able to provide recent sales data.

    Jack

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭


    << <i>That's seems WAY HIGH to me but what the heck do I know. >>



    Supply and dsmand, I suppose.

    This IS an actual rarity (as opposed to a condition rarity) in a popular series.

    Here's a warning parable for coin collectors...



  • jacktheknifejacktheknife Posts: 1,547 ✭




    What!? Still no Steve??

    Jack

  • STEWARTBLAYNUMISSTEWARTBLAYNUMIS Posts: 2,697 ✭✭✭✭

    I guess Steve is SPEECHLESS !

    Stewart
  • RBinTexRBinTex Posts: 4,328 ✭
    Looks like someone is trying to manipulate the market by creating an impression of a false price support.

    I mean, c'mon, how many on eBay in the last year went unsold above $7,500 (& less) or so.

    If you guys think these are bona fide bids in a genuine arms length transaction I've got a bridge in Brooklyn to sell you. image
  • DMWJRDMWJR Posts: 6,008 ✭✭✭✭✭
    I don't know who the purchaser was, but I do know the previous owner and the consignor. They were both as surprised as anyone.
    Doug
  • SteveSteve Posts: 3,312 ✭✭✭
    Gosh! I go away for a few days with my wife to celebrate our wedding anniversary on Thursday and I come back to see everyone interested in "where's Steve". Boy, you guys make my day!

    Seriously, I imagine a couple of registry guys who need this coin decided they needed it NOW. The PCGS pop is now 77 with 17 at NGC. I doubt that more than 100 have been certified by the top TPG's, probably including some resubmits. I think most knowledgeable collectors continue to believe that less than 200 actually exist today. It is this actual rarity, as David says above, that drives collectors to push their bids higher for this coin IMHO.

    A similar trend exists with the 1909VDB Matte proof which is up for auction at the end of the month at the Heritage auction in Dallas. Every Lincoln cent collector who chooses to include Lincoln cent proofs in his collection needs both the 1909VDB and the 1990 no S. If there are less than 200 of each in existence, what do you think will happen to the prices of these two coins over time regardless if they are PR60 or PR70 or somewhere in between?
    Steveimage
    My True View Album

    My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
  • lincolncentguylincolncentguy Posts: 23
    Happy anniversary to you and your wife!
  • jacktheknifejacktheknife Posts: 1,547 ✭



    I agree, Steve. That Matte Proof VDB in the Heritage sale is already getting up there.

    Jack


  • segojasegoja Posts: 6,136 ✭✭✭✭
    Anyone need a 90 no "S" NICE set???

    Picked up a nice set in Baltimore. I think the coin will grade 67DCAM (no spots or haze, just a super light line in the field behind the portrait)

    PM Any interest!
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • SteveSteve Posts: 3,312 ✭✭✭
    PCGS raised their value on the PR68DCAM from $8,500 to $8,750 today. I assume it is the result of that B&M sale last week.

    It is also reflected in my Inventory listing within my Set Registry. With the new program we can see everyday exactly how much all our inputted PCGS slabs are valued at (retail). A great add-on I believe.
    Steveimage
    My True View Album

    My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
  • ellewoodellewood Posts: 1,750 ✭
    Anyone need a 90 no "S" NICE set???

    Picked up a nice set in Baltimore. I think the coin will grade 67DCAM (no spots or haze, just a super light line in the field behind the portrait)

    PM Any interest!

    Segoja,

    At the Balt. show this past summer, I watched a PR67DCAM 1990 NO S get sold and then bought right in front of my face for $7200. Are you going to crack it out and submit or are you looking to sell the set as is?
    image
Sign In or Register to comment.