$ 6,500 for a PCGS 1947 Lincoln Cent in Ms 67 red OGH
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
I was the under bidder for a PCGS 1947 Lincoln Cent graded Ms 67 red OGH CAC last night on Great Collections
The price guide for a 1947 Ms 67 + is only $3,500
There is a 1947 Ms 67 red coin in the upcoming Stacks auction bid under $ 100
What a difference for the same date, same grade and same grading service
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Depends on what the coins look like...do you have some images to compare?
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https://www.greatcollections.com/Coin/536822/1947-Lincoln-Cent-PCGS-MS-67-RD-CAC-OGH
@oih82w8
WOW....I have a roll of 47-P's (my birth year) wonder how many of those are in there??
Best looking 1947 Cent I have seen
I don't see any marks....what keeps this from a 68 or higher???
What a beauty!
Gorgeous but EXPENSIVE...
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My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
It didn't get a gold bean so I'd leave well enough alone if twas me.
Possibly the two small spots limited the grade?
I would leave it alone also. I was just wondering.
Superb coin. Thanks for bidding Stewart.
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The line is blurred, between hard-earned and stupid money.
I don't think it has a shot at 68, though I could see 67+. Hits and spots on the reverse. What's that on Lincoln's forehead? Damage or a planchet flaw?
Lance.
I think it's great when Lincoln Cents get some respect.
(I may be biased as 50% of my sales are in Lincolns.......)
Beautiful cent, OGH, bean, old-tyme conservative grading, it has it all.
Commems and Early Type
Beautiful indeed and certainly stable in that holder. Great example!
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I would agree, it's a beauty because of the original mint luster, but i don't see a 68 there.
Nice, but this is where I could be happy owning a 66 or 66+ for way less.
Not crucifying anyone who has the means to pay up for this one...
But,
Another case of "To each his own."
Multiple marks on C E N T are going to max out this coin at 67. I think someone(s) got a little overzealous over the green bean and OGH.
I like Lincoln Cents. I'm not knocking it. I'm focusing on it.
Maxed out at 67 for 2018 perhaps.......
Agreed. If and when it upgrades, we'll all have to resubmit ours to maintain the value of our own.
After seeing the bigger pics that were added I can see 67 as a max grade now.
OK....I may have been a bit defensive and took your post the wrong way.
That's a mighty fine looking cent!
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sounds like someone is a has been......
and someone was doing coke or something really good!
Very nice color, but too many hits. Although the way they have been letting grades fly in the middle dates, it wouldn't surprise me to see it upgrade to at least a plus. It is better than the two 67+'s on Coinfacts.
@DMWJR and I know. I've written my opinion on paper but why don't you blow up the obverse and reverse and tell us what you see before I post..
I understand what Stewart is saying. Try finding a nicer one - good luck, but technically there are three spots on the obverse, something on the forehead, one spot right by the 9, rough shoulder from incomplete strike (although C on reverse is strong), hits on the reverse - nearly every letter, with a few other spots including a cluster in the very center of the reverse.
But -- try to find a better one. If you do, Stewart might pay you $10,000 for it.
Dimeman thanks you for your help.
Here is my 1947. Plucked from parking meter collections circa 1960 and placed in this Whitman Album.
Total cost $0.01 but a priceless piece of my childhood
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
3.5 times more than full retail, and much more than that compared to some auctions. Nice for the seller. Not so much for the buyer.
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Once I saw the big blow up pics I could see all of the defect's mentioned here. Pics can tell all or nothing.
But not close to the record for a 1947 MS67RD which is $9,200. stacksbowers 1947 1C PCGS MS67 RED
Actually not even in the top 5 sales for a 67RD.
This one is closing Thursday and is only at $65 right now.....auctions.stacksbowers.com/lots/view
Whoa, I pegged you for MUCH younger.
Very clean cent, not worth 6K imo, but Congrats to the seller. (And GC.) At least at this point its pretty stable and its not going to turn in the holder, so if your looking for a 67 R and you have the scratch, go fort it.
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And there are already 25 of them in this grade. Someone thinks it will grade higher. What was the pop of this coin five years ago and what was its price? What will it be worth when this is a pop 50? Very attractive coin, but no thank you.
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Where are these results from? It is cool!
Stewart, did you see the coin in person?
All of this and more are at your fingertips on PCGS' own CoinFacts.
Me TOO!! But it is what it is.
I'm pretty sure SB enjoys the originality of the coin with great luster and isn't concerned about a few flaws on overly magnified images.
Nice coin!
Lakes, the coin is a beauty and my comments were micrograding - but aren't we micrograding when it comes to 67,67+,68 anyway? My issue is really the game PCGS is playing with gradeflation and values. SB is the master of buying the coin and not the holder and paying the right amount of money. 67's used to go for those big number a few years ago, but there were only 5-6, and no +'s. I'm actually glad to see more than one person saw the real value in this coin instead of just paying for the number on the plastic. It gives me hope
Other than a couple of black specks and some scrapes & marks on the shoulder and reverse it is perfect. Definitely worth the price and would be worth thousands more.
As 'lkeigwin' noted - far too many dings and scrapes for any "grade" over MS64. But, as for buyers, remember at old adage, "The bell curve rules."
I wouldn't give $50 for it, but that's just me
I don't see anything like your chart on that site?
IMO, only most 69, and 70 coins can be called "micro grading." What do grade a coin if you need to look for the 4 miniscule marks on it that should be more obvious with a 4X hand lens and even then may go UNSEEN unless you tip and rotate the coin. If you are not nearsighted, you are out of luck grading a coin without any magnification. Is it "micro grading" to drop a coin to a '69 for a single hairline in the obverse field like this: l