Raw MS Toned Early Lincolns - How many have been submitted and body bagged for AT or questionable co

SanctionII

When I go to shows I routinely see large numbers of pre 1934 toned, raw MS Lincolns. Since the values on these coins can be very steep, why are they not slabbed?

I assume many have been submitted and rejected by TPGs for AT or questionable color. Thus the reason why they remain raw. How common is this?

lusterlover

You've hit the nail on the head. Of course there is the rare exception, but they are raw for a reason--either AT or not worth the slabbing fees.

MikeInFL

Judging by what I see in slabs, it is just because they haven't been submitted enough times.

drwstr123

With many it's just not worth the fees and postage to risk grading.

291fifth

Many are nice AU's that have been worked on. There is an eBay seller who has been selling this type of Lincoln for years.