I Saw This MPL and Thought WOW!

ChuckC

WOW!

Wish I could own that beauty.

BECOKA

That would definitely be worthy of my short box.

doh

Daaaaaang. Looks like it was made yesterday.

pauljuno

Too rich for me! But it sure is nice!

jmj3esq

Absolutely beautiful!!

ambro51

Stunning. thats how they looked new.

And we read and re read that collectors back in the day hated them. (guess they didnt blow up their images to fill their computer screens, eh??}

TomB

Collectors back in the day were accustomed to brialliant proof coinage and may resisted embracing matte proofs.

LanLord

<< <i>Stunning. thats how they looked new. And we read and re read that collectors back in the day hated them. (guess they didnt blow up their images to fill their computer screens, eh??} >>



Can you imagine what those flintstones era digicams looked like?

Stuart

Well, that answers my question as to what an MPL is...
It sure is a beauty too!

fc

yikes! my wallet screamed for mercy when i thought maybe i would
like to own a coin like that.

DJCoinz

Dayuhm...That is a lovely lincoln.

coinsarefun

Holy Cow Batman.
He actually looks handsome there


OK, I'll bite..... how much?




Stefanie

loro1rojo

<< <i>Holy Cow Batman.
He actually looks handsome there


OK, I'll bite..... how much?




Stefanie >>



$15,000

DMWJR

It was just purchased in Februrary for $9,200 out of a Heritage auction.

Here's the coin imaged in the first post:



Here's another look at the same coin:

fc

9200 to 15000?

so much for the 10-20% markup. lol

coinsarefun

<< <i>

<< <i>Holy Cow Batman.
He actually looks handsome there


OK, I'll bite..... how much?




Stefanie >>



$15,000 >>






Oh..............All righty then.
Thanks

ambro51

Back in 1910, you could have gotten this AND the proof nickel for thirteen cents (Plus shipping and insurance of course)

commoncents05

Why would you insure a 13 cent package?

-Paul

andycook

It isn't brown enough for me. I'd put it on my waterheater to see if it got some better color.

ambro51

just wrap it up in a taco bell napkin

etexmike

<< <i>Wish I could own that beauty. >>



I could. Just have to sell almost all of my other coins to buy it.

It is a beautiful coin.

-------------

etexmike

fc

<< <i>

<< <i>Wish I could own that beauty. >>



I could. Just have to sell almost all of my other coins to buy it.

It is a beautiful coin.

-------------

etexmike >>




and also heavily popular at the moment and ?marketed?.
the time to buy can never truly be determined but it was probably
3-5 years ago. one should seek out what is not popular at the moment
and consider those :-)

ambro51

They even look good as a PR65BN

andycook

<< <i>just wrap it up in a taco bell napkin >>



About that - should I wipe my hands on the napkin first or will any napkin work?

commoncents05

Here's my 64RB (PCGS).




-Paul

ambro51

Kind of funny in a perverted way when you realize this lovely toneing knocks about twelve grand off the value, eh?

dizzyfoxx

<< <i>9200 to 15000?

so much for the 10-20% markup. lol >>

dizzyfoxx

<< <i>Here's my 64RB (PCGS).




-Paul >>



Wow!!! I'd much rather have that coin!

ambro51

but....polish the slab
it'll photo a lot better

commoncents05

Ambro- I bought the polish, but my slabs aren't back from Bob yet for me to clear them up. I will let you know the results when they do.

-Paul

EagleEye

9200 to 15000?

so much for the 10-20% markup. lol

I didn't buy it in the auction. In fact I gave the buyer a very good profit!

fc

<< <i>9200 to 15000?

so much for the 10-20% markup. lol

I didn't buy it in the auction. In fact I gave the buyer a very good profit! >>



there is always more to the story it seems when it comes to coins!

this begs the question though.. why did you not bid on it?i assumed
you goto every major auction in the US? just curious.

thanks for sharing the extra info.

GFourDriver

MPLunatic

I think this coin looks better than the 1914 pr68 thats for auction

droopyd

<< <i>I think this coin looks better than the 1914 pr68 thats for auction >>






I didn't think the 68 looked all that spectacular - possibly the photography of that piece was substandard?

pennyannie

A couple of more sales this year and that coin will hit $30,000. Same thing happened in Texas real estate 20 years ago. ( RTC took charge and $ 60,000 dollar duplexs sold for $12,000 1 year later at government auction) As long as there is another willing player to buy and pass it on, it works well.
I collect MPL's myself and i am starting to scratch my head in disbelief. Coin brought 9200 in a heavy advertised auction atttended by experts and big money buyers 40 days ago and now the same coin is $6000 more. That is a price jump, i may have to sell my 7 MPL's shortly. I will be interested to see what happens to the MPL's the year after Lincoln's 100 year bash. You can ask what you want for a coin but you still have to find a buyer.

bestclser1

I love MPLS,and Rick is a class act,but personally i think that they are getting way overpriced.JMO

bestclser1

<< <i>A couple of more sales this year and that coin will hit $30,000. Same thing happened in Texas real estate 20 years ago. ( RTC took charge and $ 60,000 dollar duplexs sold for $12,000 1 year later at government auction) As long as there is another willing player to buy and pass it on, it works well.
I collect MPL's myself and i am starting to scratch my head in disbelief. Coin brought 9200 in a heavy advertised auction atttended by experts and big money buyers 40 days ago and now the same coin is $6000 more. That is a price jump, i may have to sell my 7 MPL's shortly. I will be interested to see what happens to the MPL's the year after Lincoln's 100 year bash. You can ask what you want for a coin but you still have to find a buyer. >>

EagleEye

I never believe for an instant that an auction price realized is the highest value a coin is worth.

For what it's worth, I'll let you know what I'm thinking when I am buying a coin.

I bought this beauty at Phoenix ANA. I missed it at the auction since I was concentrating on Indan cents. I did make a mistake in not using the auction price to try and get it cheaper.

When you evaluate any coin to buy you look at the coin and determine if it meets the grade. -- YES, it's one of the finest, IMO.

Then you see if the asking price is fair. In this case PCGS says $27K and there are only 2 graded at PCGS. There are 2 NGC's and they sold for $11.5K and 9.2K. For the PCGS pieces, one sold in 2003 for $36.8K and in 2004 for $25.5.

Mine is nicer than the $25,500 one.
Much nicer than the $36,800 one

I see a $15K holder premium here! We all know how hard it is to get a PR67RD graded or even harder, to cross an NGC! So, when offered the coin, I thought, yes, it's fair for the coin. I think at some point the holder premium gets too much and people overlook the inherent value of the coin.

I like the coin, and I am very comfortable with the valuation. You can see it in person at the Cental States show.

RGT

Where's the sticker?

fc

<< <i>Where's the sticker? >>



i am sure it has the eagle eye photo seal stuck right on top of
the less coveted cac sticker.

BECOKA

<< <i>It was just purchased in Februrary for $9,200 out of a Heritage auction.

Here's the coin imaged in the first post:



Here's another look at the same coin:

>>



I'm not so sure these are the same coin, did the heritage auction have the same serial number?

EagleEye

I only Photo seal Indians and Flying Eagles.

They are the same coin. Thanks for the compliment on my photography!

DMWJR

Same serial number. Rick is a trustworthy source for coins, and I nothing but good things to say about him.

Images are tough to grade from. When I see to dramatically different photos of any coin, the first thing that comes to mind is that the truth is probably somewhere in between the two photos.

I also have a hard time trusting any Lincoln in an NGC holder, whether MS or PR. It's just one of those series where you positively have to see the coins in hand.

IrishMike

<< <i>Same serial number. Rick is a trustworthy source for coins, and I nothing but good things to say about him.

Images are tough to grade from. When I see to dramatically different photos of any coin, the first thing that comes to mind is that the truth is probably somewhere in between the two photos.

I also have a hard time trusting any Lincoln in an NGC holder, whether MS or PR. It's just one of those series where you positively have to see the coins in hand. >>



What was it two years ago guy bought a Segs lincoln at a Heritage auction, crossed it to PCGS and made several thousands? Don't remember the exact profit and date on the lincoln, the story showed up in the registry forum. All the so called lincoln experts passed this one by, as well as all of the self professed lincoln expert dealers.