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4th MS67BN Wheatbacked Lincoln was recently graded

WingedLiberty1957WingedLiberty1957 Posts: 2,998 ✭✭✭✭✭
edited January 28, 2017 8:50AM in U.S. Coin Forum

A rare grade in the Brown Color Class.

There are only 4 known PCGS MS67BN Wheatbacked (1909-1958) Lincolns.

The other 3 MS67BN's are a 1916-D, 1956-D, and 1957-D.

There is no Price listed in the PCGS Price Guide for this coin yet, but based on the coins around it, I am guessing the Guide Price will probably be 30k to 40k. But I dont know that for certain.

Comments

  • silverpopsilverpop Posts: 6,761 ✭✭✭✭✭

    very nice coin

    1997-present

    2003- present

  • WingedLiberty1957WingedLiberty1957 Posts: 2,998 ✭✭✭✭✭

    It's not mine by the way. Not sure who owns it. They must be thrilled though!

  • WingedLiberty1957WingedLiberty1957 Posts: 2,998 ✭✭✭✭✭
    edited January 28, 2017 10:47PM
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    A tainted red:) Nice coin.

  • WingedLiberty1957WingedLiberty1957 Posts: 2,998 ✭✭✭✭✭
    edited January 28, 2017 9:05AM

    Would have like to have seen a TrueView or CoinFacts photo of it, but none was taken.

  • johnny9434johnny9434 Posts: 29,364 ✭✭✭✭✭

    theres always a smile there with them

  • illini420illini420 Posts: 11,467 ✭✭✭✭✭

    Looks like a nice coin, but not seeing why this example was seen as being more special than the many MS65BN and MS66BN examples out there that look virtually perfect with great color and luster. An MS67BN should blow you away...

  • KccoinKccoin Posts: 1,086 ✭✭✭✭✭

    Sweet coin. I can dig the brown. Thanks for sharing.

  • joeykoinsjoeykoins Posts: 17,629 ✭✭✭✭✭

    In a word, " Beauuutiful" !!! <3

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  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    And they didn't bother to get it TrueViewed?

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • davewesendavewesen Posts: 6,696 ✭✭✭✭✭

    already CAC'd? how did you get the pic?

  • bolivarshagnastybolivarshagnasty Posts: 7,353 ✭✭✭✭✭

    Surfaces must be near perfect, and I agree with the brown designation. Too much brown to be RB.

  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭

    @WingedLiberty1957 said:
    Would have like to have seen a TrueView or CoinFacts photo of it, but none was taken.

    It was not even imaged for Coinfacts. That's a mystery. :o

  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭

    @illini420 said:
    Looks like a nice coin, but not seeing why this example was seen as being more special than the many MS65BN and MS66BN examples out there that look virtually perfect with great color and luster. An MS67BN should blow you away...

    Indeed the reverse doesn't seem to uphold the highest grade ever assigned. Some of the 66s on Coinfacts do look better, at least in images that is.

  • tradedollarnuttradedollarnut Posts: 20,236 ✭✭✭✭✭

    Agree with the thought that I was expecting something pretty special when I opened the thread and it looks like pretty much any other Lincoln

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    I am thinking it might just be the image. You can't find a mark on him though. Nice!

  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    edited January 28, 2017 2:14PM

    It would appear that this is a ripe area for future grade population expansion. I see no reason why MS67 BN Lincolns should be way less populous that say MS67 RB. The current ratio is 33.75 to 1. Finding flawless coins is probably not the issue. Brown coins might not have the luster pop that is normally expected of MS67 coins. As of July 2007 there wasn't a single MS67 BN graded yet.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • SeattleSlammerSeattleSlammer Posts: 10,069 ✭✭✭✭✭

    Great looking penny.

    Wouldn't that be a RB under the 5-95% criteria?.....seems like you could say it's at least 5% red. Don't get me wrong, I'd rather own it as a BN, just wondering.

  • illini420illini420 Posts: 11,467 ✭✭✭✭✭

    @roadrunner said:
    It would appear that this is a ripe area for future grade population expansion. I see no reason why MS67 BN Lincolns should be way less populous that say MS67 RB. The current ratio is 33.75 to 1. Finding flawless coins is probably not the issue. Brown coins might not have the luster pop that is normally expected of MS67 coins. As of July 2007 there wasn't a single MS67 BN graded yet.

    Up until very recently, it seemed that when the color designation went down, the coin would lose a numerical grade point as well.

    So an MS68RD coin that fades to RB would never regrade MS68RB. Instead it would max out at MS67RB. And if that same coin fades down to BN, it would get MS66BN max.

    I realize you probably won't read that in any grading guides, but that's the way it works. Look at the population report of the 1909 VDB Lincoln cent and you'll see that pretty darn clearly.

    So in the minds of the graders, to get a grade of MS67BN, they would think that the coin would have the surface quality and luster to have gotten and MS69RD grade if the color were red. Very few wheat cents get that grade. That is why you don't see MS67BN coins, up until very recently that is...

  • RyGuyRyGuy Posts: 1,462 ✭✭✭

    It's a very nice coin, but I personally can't tell the difference between this and any of the MS66BN coins I've come across or owned. The strike looks a bit soft on the obverse, as well.

  • wondercoinwondercoin Posts: 17,006 ✭✭✭✭✭
    edited January 28, 2017 7:16PM

    I believe I graded the very first MS67BN from a mint set. A lovely color coin that I still own. If I am not mistaken, the second coin was a 67RB dropped down to a 67BN? Is that right WL57? Anyway, I believe those first two coins (56-D and 57-D) were real dazzlers in the way of color.

    Wondercoin

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  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭
    edited January 28, 2017 7:19PM

    It may be accepted as a 67 but I don't see it holding the estimated value stated in the OP.

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  • RonyahskiRonyahski Posts: 3,119 ✭✭✭✭✭

    It was only two years ago that the first 09-S VDB was graded in 67 RB, and it remains a pop 1/0. It got the nod on the grade because of its look. It is, IMO, the finest and most eye appealing coin of its date. They couldn't give it a RD designation because of its rainbow colors.

    Could be the unwritten grading standard illini420 elucidates is winding down and RD is no longer the be all.

    Some refer to overgraded slabs as Coffins. I like to think of them as Happy Coins.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭

    @MANOFCOINS said:
    Get ready to see more lol.

    That's my point. Rules and former ways often go by the way side to continue to draw in submissions. An unwritten rule back in 1989 was that no obverse portrait type coin could grade higher than MS/PF 64 with a facial hairline. That went away in the mid to later 1990's. "Rules" do change.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • EagleEyeEagleEye Posts: 7,677 ✭✭✭✭✭

    Do collectors of top-pop coins consider BN an option for Lincoln cents that are common enough in RB or RD a grade lower? Seems to me that this is a sub-$10K coin regardless of its population.

    Rick Snow, Eagle Eye Rare Coins, Inc.Check out my new web site:
  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    That coin deserves more respect than it is receiving on this thread.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @RyGuy said:
    It's a very nice coin, but I personally can't tell the difference between this and any of the MS66BN coins I've come across or owned. The strike looks a bit soft on the obverse, as well.

    I thought the strike seemed a bit weak too.

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    edited January 28, 2017 11:45PM

    Grading standards are changing...again. Wait another year, and there will be a dozen or more in 67 BN.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Very nice cent.... certainly looks 'all there' for the grade.... strike quality wise... To me, it is definitely BN... do not see and 'RD' in those pictures... Cheers, RickO

  • WildIdeaWildIdea Posts: 1,878 ✭✭✭✭✭

    Beautiful coin but you see these in 65 BN holders all the time.

  • ashelandasheland Posts: 23,804 ✭✭✭✭✭
  • crazyhounddogcrazyhounddog Posts: 14,071 ✭✭✭✭✭

    I gotta say I like it a lot :) . A gorgeous example .

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • brg5658brg5658 Posts: 2,399 ✭✭✭✭✭

    I agree with others -- I don't see anything "MS67-special" about this coin. :confused:

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  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    @WildIdea said:
    Beautiful coin but you see these in 65 BN holders all the time.

    Buy them all up and send them in. When you have a bunch of 67's, please come back and post them for us all to enjoy!

  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    Looks like a nice coin to me. I would be proud to own it.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    @WildIdea said:
    Beautiful coin but you see these in 65 BN holders all the time.

    I need a drink.:)

  • WildIdeaWildIdea Posts: 1,878 ✭✭✭✭✭

    Wabbit, I've been doing just that for a long time. I'd double down and say that
    If you took all the svdbs in 65-66 in BB and RB from both services and laid them out, I wouldn't think the ops coin would jump out. No one is even gonna call it out for being too blue?

    That being said, I believe the BN designation has been held back technically for a long time. Very hard to make a 65 BN and 66s truely special or a grading gift. Literally being snubbed by both services I would say, for not being red. Illini laid it out perfectly.

    My core collection of coins are Lincoln's in 65 and 66 BN and I would stand to gain quite a bit if this marks a new line of demarcation for grading upward mobility. Frankly though, I'll pass as the coins I chose to buy I bought for their appeal to my eye (and cost) not so much the technical grade.

    Thanks, Matt

  • PushkinPushkin Posts: 2,029 ✭✭✭

    Somebody got lucky, IMO. If the photos are accurate then I seen too much discoloration in the fields, especially on the obverse around the bottom center of "LIBERTY". It doesn't seem to have the eye appeal of a 67. Just my opinion. If it were an Indian HC - not a 67 BN, ever.

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