Cherrypicker Coin - Why did this 1963-D Lincoln Hammer for so Much ?
TonerGuy
Posts: 590 ✭✭✭
http://www.ebay.com/itm/361924502264?_trksid=p2060353.m1438.l2649&ssPageName=STRK:MEBIDX:IT
Seems to be a $20-$60 coin depending on who's listing it. Why did this one go for 10-3.5x that amount ?
What am I missing ? lol
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I don't know, but I have several of them- might be a good time to sell.
If it's the 3/3 variety, then that's the reason for such a high premium? Other reason, maybe just a bidding war?
"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.That is an exceptionally nice example, most of the ones I have seen are heavily spotted or lightly circulated.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Only 2 bidders were over $24.99. One of them placed their nuclear bid of $200+ with under 1 min to go in the auction while at the $43 level. It would appear the other guy was trying to unmask their high bid and ran them all the way up. Could be one or both of them were shills, 5th graders, or whatever. Or, the coin was a "sleeper" and the winning bidder scored.
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3/3
cf
pop short
h.i.h.
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How 'bout this thought? Could it be, the original owner had change his mind on selling? So, one of his buddies placed that high bid, than he would reimburse him later? Hmmmm?
"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.Didn't know there was a 63/3, or even a 1963-D DDO for that matter. At some point I threw this 63-D in my collection, but I think it's just mechanical doubling.
Sorry, but if that "3" is all there is to it, it's not very exciting.
The coin pictured above is the doubled die. It holds interest to some Lincoln collectors as it is considered a form of Design Hub doubling. John Wexler listed it and recounted a theory that a master die with a different style "3" was polished, rehubbed with the final design, and placed into use as a working die.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
To me, it looks as if you do have it!
"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.Here's some other shots. I can't photograph this as well as other pieces even after cleaning lense and loupe. When you hold the piece, it's apparent there's something wrong with all the letters and numbers on the obverse. The first thing that catches your eye is the T over T in trust.
I agree with Sean, most of these I have seen are not anywhere near as nice as the coin in the OP.
An authorized PCGS dealer, and a contributor to the Red Book.
..which is a shame because they're so cool to look at.
The coin in the OP clearly has the 3 overstruck what appears to be a previous 3.... @Azurescens...Yours has the central part of the the 3 but not the tail... perhaps a later die state.... Cheers, RickO
That's what it is, a later die state. The most premium will be applied to EDS which exhibit the lower portion of the 3.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I'd love to have the example @joeykoins posted. It's very pretty.