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2009 lincoln formative / Lp2 mint boxes / proof sets / doubled die errors

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  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    67

    Here's a good example of a 67 in an Anacs holder. Says 1st day of issue. Look closely and it has a die chip (bookmark) on top right of book's pages and a die crack from the toe of Abe's

    right boot to the rim. I don't think this "variety" was minted on the first day personally. It may be an otherwise perfect coin. Can you see it???
  • pitbosspitboss Posts: 8,643 ✭✭✭
    These were selling on one of the tv shows when they first came out if I am not mistaken, I remember seeing them several years ago.
  • joeykoinsjoeykoins Posts: 15,869 ✭✭✭✭✭
    Hi guys, If your questioning if PCGS slabs are not king,I would think again! The facts show. and I'm just not saying this because of our host's forum were on,either. No,we shouldn't take anything away from NGC and ANACS. To me,besides PCGS,these three are the only ones in the business that keeps the show moving along. Getting back to PCGS, their the "king" simply by looking at the numbers. What companys make more transactions in? Including EBAY. I love PCGS, just because of their credibility! They show that their not a fly-by-night company. Just my 2 2009p Formative Years cents!imageimageimage One more thing... in the end,I do believe that our host will in fact grade our beloved varieties. (double thumbs crossed)imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    They may in fact grade some of these but as of yet have not indicated when.

    I have tried to get them to do so but the only thing I was told by a higher up in PCGS was that if I submitted 1000 of the same error they would do it for me.

    This was about 7 or 8 months ago.

    I had the coins but did not want to commit to 1000 graded coins of the same variety as this would drop the prices below what I wanted them to be at and even though the price they were offering me was a real bargain I did not want to do it.

    I probably should have as it would have committed them to grading these beauties.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>If your questioning if PCGS slabs are not king,I would think again! >>



    Not questioning the recognition of their slabs and grades. Questioning whether it's worth $24 to put an attribution code on the label.

    We all know a Skeleton when we see it; do we need to pay them to tell us what we already know?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I agree Papi. I like the price ANACS is charging for the same service.

    Just look at the coins that have been graded and make up your own mind as to what they should be graded.

    The idea of grading is to get a general starting point of what one of these beauties is worth and eliminate the bad coins that are currently being offered for sale.

    If PCGS wants to grade them tighter than ANACS then I don't have a problem with that, what I do have a problem with is the higher cost of getting these put in plastic which in my opinion is there for protection on these coins.

    This is why I am having all my best coins graded and am selling only graded coins now.

    PCGS had their chance early on for my grading, and may have again, in the future but right now I am dealing with the only option I have ANACS.



  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    I'm keeping everything raw for now. Why pay for grading and attribution (following Papi's logic) when we already know what error and approximate grade each coin is already. I can

    protect the coins in 2x2's for storage. Someday (PCGS?) I'll probably pick out a few high ms samples and send them in. How are sales PB of the slabbed examples you have been listing?

    Thanks for keeping them at the forefront and flying our "believers" flag for the rest of us.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I have sold a few and I guarantee you I am making more money on them than those that are selling them raw.
  • joeykoinsjoeykoins Posts: 15,869 ✭✭✭✭✭


    << <i>

    << <i>If your questioning if PCGS slabs are not king,I would think again! >>



    Not questioning the recognition of their slabs and grades. Questioning whether it's worth $24 to put an attribution code on the label.

    We all know a Skeleton when we see it; do we need to pay them to tell us what we already know? >>

    Oh,I see. Sorry for misunderstanding Papi!imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Kind of an interesting sale that Papi directed us to. This seller usually is low ball priced on everything he sells. In fact, because of his cheap overall pricing, I think he's hurt the perception

    of unique rarity and the values that are placed on these errors by the general collecting community which in turn retards the growth of interest in them. Just my opinion of course.

    What do you all think?
  • joeykoinsjoeykoins Posts: 15,869 ✭✭✭✭✭
    Cool! It'll be very interesting if that coin sells for half of what he wants. I hope it does sell for what he wants,this,I think will be good for the rest of us! imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>I think he's hurt the perception of unique rarity >>



    Because the common ones sell for $10?

    It's a specialist item; "the general collecting community", as you put it, won't be interested in it.

    I don't think he's hurting anything, it's "supply and demand". If it graded 68, I'd buy it.



  • pitbosspitboss Posts: 8,643 ✭✭✭
    If it graded 68 I doubt if you would get a chance to buy it.

    Are none of yours worth grading as I know you have a bunch of them.

    There are quite a few of them out there and no one has had any graded yet that I know of but I don't pretend to know everything anyway.

    I do know that these coins with the die crack, some obverse some reverse, like Papi says are a specialty item and are nice to own.

    Almost all of them were found several years ago from what I understand but there again I am not in the know as I have been collecting these items from mint boxes for less than a year.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    That is disappointing. Supply and demand? Bad timing on the listing? I didn't even see this particular listing but haven't been scanning the bay for awhile. Normally a listing like this would

    generate more interest. Well, congrats to the buyer! Anyone here snatch this one?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    No. i was watching it though. I already have enough of them. He got those from me, I did not expect him to sell them as he said he did not have any and wanted some to have. I thought it was a good opportunity to pick up some 043's. He still has a bunch of rolls of the 25's that I traded him but doubt if he will sell any more after yesterday. I did buy that roll of 14's yesterday though. I cant buy everything he sells though to keep him from dumping what he has.
  • I tried to win that auction at around $56 with a couple of seconds left but did not win. That was a great price for that roll. I think prices on these rolls and other rolls of quality lik3 the roll of 043
    that went for around $111 are going to get even cheaper.

    For people like myself who did not get in soon enough to be able to buy bank boxes containing the good errors, this is a great time to accumulate.

    Buy when there is blood in the streets.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Point to consider:
    How many of the millions of these varieties were released to the general public and they don't even know they exist.

    They are showing up in pocket change all across the country and are either being thrown away or thrown in change jars as people don't want pennies.

    I doubt the mint has more of these in stock after 5 years.

    Coins are small and errors are hard to see.

    When the time comes that the general public starts looking for them the high grade ones will be hard to come by.
  • PapiPapi Posts: 1,189 ✭✭


    << <i>Point to consider: How many of the millions of these varieties were released to the general public and they don't even know they exist. >>



    How does the "general public" know any error/variety coin exists?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Like I said, they don't know and probably millions of these varieties are our there .
  • pitbosspitboss Posts: 8,643 ✭✭✭
    OK, fess up, who got that roll of 43's for $111.11?
  • PapiPapi Posts: 1,189 ✭✭
    Not me; don't need 'em

    Far cry from the $300+ they started at.

    Supply & Demand
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Well, it was just a silly bid ($111.11) with about 25 minutes left in the auction. Couldn't believe I wasn't outbid because that was my max bid. $2 each basically? I'm really glad I got outbid

    on these in earlier auctions when they were going for upwards of $300 (or around $6 per coin). I've lost count of how many rolls of these he's sold to date but he must have an amazing

    stash because he's already listed another roll right after this last one sold. We'll see what the actual values become once the CPG is finally released but I think I did alright for a silly bid and

    an unexpected win.

    imageimage
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I think you did great on that one. How can you go wrong at that price. I too have all I want of that particular variety but he is still getting bids every week.
  • AkbeezAkbeez Posts: 2,694 ✭✭✭✭✭
    OK -- who sniped me on that 4/17 box?
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    What is the highest graded skeleton finger (wddr-006) out there? I haven't sent any in for grading but I do have a few that I think would flirt with a 68.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I understand there is one MS68.

    Not too many of these have gone out to be graded though and there are bound to be more once they do.

    I have some MS67's and I thought a couple of them should have been 68's but no luck.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    I received three Lp2 boxes yesterday in the mail. Got lucky on Ebay. All dated 4/23 12:22 . I think I'll keep them packaged and on the shelf for now. (These are the boxes with the skeleton

    finger Wddr-006/Wddo-002's in them for the uninitiated.) One of these days soon I'm going to get serious about separating all of my error coins stored in 2x2's by grade with an eye toward

    sending them in for grading. I was holding out for PCGS or NGC to come around but Pitboss' evaluation of the grading at Anacs plus cost savings is starting to make sense to me. Well, it's

    off to work for me so everyone have a great collecting day! imageimage

    P.S. I forgot to mention that today is 4/23 ... happy anniversary skeleton fingers!
  • pitbosspitboss Posts: 8,643 ✭✭✭
    4 years already, wow!
  • joeykoinsjoeykoins Posts: 15,869 ✭✭✭✭✭
    4 years and look at us, we're talking as if these came out just yesterday. Man I love this hobby! imageimage

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Well, I couldn't resist opening one of the 4/23 boxes (in celebration of its anniversary..haha). So, opened it up and found 6 of the skeletons and 3 of wddr-010's. No major die crack (late

    die stage) samples though. I'm always hoping to find those and since these were packaged as late as they were, 12:22, (toward the end of the prime times for finding these) I thought

    there might be a remote possibility. As a few of you know they (the late stage die cracks) were only found in bank boxes (to this point). I'll keep my other two boxes sealed for now.

    At least I know that they will yield some nice 006 examples. Good hunting everyone!

    imageimage
  • joeykoinsjoeykoins Posts: 15,869 ✭✭✭✭✭
    Onedollar,speaking of time flying. Did you realize in 9 days,it will be a year already,since you started this crazy thread? One year and counting,right?imageimageimageimage That earns a "double,double thumbs"!image

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • AkbeezAkbeez Posts: 2,694 ✭✭✭✭✭
    A 4/30 LP2 box sold for $36 today on eBay. Think the word is out?
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • This will be the second week in a row that TC's roll of 043 will be auctioned off for more $$ then the two that sold for $111. I was thinking I would get a chance to buy one for sub $100. Now I am not so sure
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>A 4/30 LP2 box sold for $36 today on eBay. Think the word is out? >>




    I saw that and a 4/27 box that went for $29 something. Makes me think about selling some of my good boxes.
  • I picked up a few FY Satin WDDRS. Several 003s, one 014, a few 008s, one 005 and one 009. The last two are fantastic DDRs
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I have a hard time seeing the satins as the strikes are not that good.
  • The Satins are harder to see. But they are also probably much rarer than the business strike ddrs. Plus, the 005 Satin looks like it was minted with the same dye as the ddr-006 proof coin.
    Surely the closest I will ever come to owning one of those is by owning the Satin ddr-005
  • PapiPapi Posts: 1,189 ✭✭
  • ConstantineConstantine Posts: 2,368 ✭✭✭


    << <i>MS68 >>



    Wow, that sold!
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    Anyone here the buyer of that coin?
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Did you see that box of formative years sell for $173 plus last night?

    Any comments?

    I feel they are getting pretty scarce!
  • AkbeezAkbeez Posts: 2,694 ✭✭✭✭✭
    Thought I paid too much at $65/box for these 6 mos ago...

    Surprised since the whole coin market has slowed considerably in the last few weeks. Doldrums...good time to buy...
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭


    << <i>
    Did you see that box of formative years sell for $173 plus last night? >>



    Link?
  • AkbeezAkbeez Posts: 2,694 ✭✭✭✭✭
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • OnedollarnohollarOnedollarnohollar Posts: 2,035 ✭✭✭✭
    All I can say is "good luck" to the buyer. That's a lot to pay this late in the game in hopes of finding something special. There are boxes out there for $149 on the bay but I don't think those

    boxes are producing anything of significance. The last box I bought (about two weeks ago) was $87 including shipping but when it arrived they were lp4 cents not the lp2's as advertised. The

    seller said he didn't know the difference and did the right thing by giving me a full refund plus paying for return shipping. That was disappointing because it was from someone who typically

    doesn't deal in penny boxes. I really had my hopes up until I checked out the contents...image I hope the buyer of this box can share with us what he discovers.
  • pitbosspitboss Posts: 8,643 ✭✭✭
    I know who it is and have his phone number so will give him a call in about a week and see how he made out.
  • AkbeezAkbeez Posts: 2,694 ✭✭✭✭✭
    Bummer OneDoll! Keep the vigilance. The latest auction is evidence of (silent) interest.
    Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser, Bullsitter, robeck, Nickpatton, jwitten, and many OTHERS
  • pitbosspitboss Posts: 8,643 ✭✭✭
    Oh we are all watching and waiting just waiting to grab a good deal when we see it.

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