$ 35,000 for a 1935 Lincoln Cent
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
WoW !
In the Legend auction in New Orleans
MS 68+ red
0
STEWARTBLAYNUMIS
Posts: 2,697 ✭✭✭✭
Comments
...that means it’s time for boudin sausage, fried eggs and grits...then when you get hungry for lunch, hit Johnny’s on St. Louis street for the roast-beef po-boy...after a couple more hurricanes (1 hurricane = 1 hour), you go and dust yourself off like you just stole third-base at the Cafe Du Monde; with a table full of beignets of course...come sundown is when you get the real appetite in NOLA so you just crush it with a dozen oysters on the half-shell followed by some good dark gumbo & cornbread...sometimes you gotta leave your suitcase full of monies in the hotel room safe and go full peasant for a day while there...put $300 cash in your pocket and go out and live it up bubba, it’s da Big Easy
WOW!
Guess I need to go through my '30's rolls.
Wow. Imo much of the enjoyment of numismatics come from to each his own on what you collect. I would love to own a 1848 Cal Quarter Eagle. With patience and 35K you might get a decent VF coin.
It would be interesting what others dream coin is at around that price level
When you see it you know why.
I knew as soon as Stewart talked it down it was gonna go for a record price.
Beautiful cent and amazing price....I would like to have been there for the bidding.... Cheers, RickO
I examined that one and while I do not specialize in Lincolns, I can say without hesitation it is the finest wheat cent I’ve seen. (I have not seen the MS69.)
Still seems like a lot of money, though...
I did not see the coin and do not know much about Lincolns, but if it is arguably the finest wheat cent, the price may very well make sense. Regardless, I see many posts on here about people saying they buy the coins based upon what they like---clearly at least a couple bidders really liked this coin. Congrats on their purchase.
I saw the coin in hand at lot viewing. It was gorgeous and mark free.
These new prices for “common coins “in a popular series continue to amaze me.
At the Pogue sale I watched Laura get outbid on an 1852 Large Cent.
This was also a common date in the series.
Someone paid $94,000 for that one.
The lesson I learned is if you want the finest known of a particular date
even if it is a common coin, one needs large testicular heft.
I bet it's for a "flip."
I'll never have the money to chase coins such as this one.
But even if I did, there's no way I'd chase these 'finest graded coins', because there's always another one around the corner and then the price drops in half.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
Nice coin, but someone could open grandad's sdb tomorrow and find a roll of those. It only takes one or two more to cut that price considerably. Chasing coins like that can bite you in the butt, the part where the wallet is. I doubt that will happen, but it is risky.
I can tell you a collector bought the 1935 1C and he wasn't even a copper guy. This collector only buys the BEST coins and the BEST eye appeal. THREE world class Type guys were right below him (not sure if there was a phone bidder).
What stewart, I don't have big kahunas? hey, I still was the under bidder -a very real buyer on that 1852. It was by far the FINEST EVER EVER EVER. I love coins like that.
All I can say is wow. It's up there in the rarefied market price of monster Morgan dollar toners. There were lots of nice coins in the auction, got outbid on a couple I was chasing, but I did end up with the 1820 large cent in 65 BN CAC. That can also be called 'common', but it's nice to get an almost 200 year old coin with nice eye appeal. Just wanted a nice type of that design.
10-4,
My Instagram picturesErik
My registry sets
That was a very nice coin, Elmer. I'm glad to hear you won it.
Specialist - I use to believe I had the biggest Kahunas ! They seem to have shrunk.
I was also amazed and happy the 1893 Barber dime went for $ 18,000.
I wanted that dime but by the time I could say “bid”it was sold.
Stupid.
I just finished a moment of silence
to reflect. We are very lucky to have three serious collectors who appreciate "the best available" and search for perfection. That is one pretty coin. Hope it is going into a Type set or a complete set of Lincoln's. Now, I think all here 
who believe in the power of prayers to Allah, JC, Mother Nature, Oden, etc. should pray that this piece never develops SPOTS.
Looks like they had to try a bunch of times to make the jump from ms68. There are about 5 pictures of it in coinfacts
Nice coin, but I would rather be the seller in this case!
My YouTube Channel
Registry player....
Nice coin but I'd be just as happy with a good 66 or 67 and save tens of thousands of $$$.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Of course it's a nice coin...but 35k nice?
Not so sure about that.
Most would. Some would want a nice circulated one and save even more. Others want what they feel is the very best. No one is wrong .
I see people all tihe time in new cars where the base price is 30k. However after they jazz it up with all the options the car is now 50k. The guy who paid 30 is happy as the car is serving its purpose. They guy who spent 50 is just as happy as he has his whip his way. The car dealer is happy because he has two sales. Down the road these cars will be circulated and they will make two new buyer happy and so on and so on
If the guy who paid 35k is happy then I’m thrilled for him. Probably not as much as the seller. He can be seen doing cartwheels down Bourbon Street
BTW I saw the coin in lot viewing. It’s spectacular
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I agree
LMAO
_I'd love to see it........I bet it was. Thanks for the info and I'm glad you got to see it _
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Can anyone explain the difference between a MS 68 and a MS 69 so even I would recognize the difference and I would not have to ask in the future?
Gorgeous coin. I wonder if it would have graded 69 if the spots on the reverse were not present
I like coins you can crack and not loose value...
That's pretty, but raw it's a $50 widget.
So as an investment which at this level it has to thought of as it's $34,950 totally slab dependent.
I'll take a crack at it.
At the 68/69 level for MS coins the main difference will be marks and you'll need to look for them. The eye-appeal for both grades is exceptional. If marks are = than exceptional color might kick one up.
How many suffered a previous major traumatic brain injury?
Looking forward to retirement... May not come fast enough.
Experience the World through Numismatics...it's more than you can imagine.
A 1935 cent can't get me excited no matter how high the grade.
The PCGS price guide says
MS 67. $200 pop 552
MS 67+ $550 pop 74
MS 68 $ 5,250 Pop 10
MS 68 + $ 12,500 pop 1
So what does this mean to you ?
The PCGS price guide (Guess) is/was $12500.
$500 opportunity as a 67+, though my eyes "tap out" at about 67.8 nowadays.
There are 10 68's on the PCGS pop report and this 68+, which is the only MS68CAC.
A damn shrewd consignor.
Was it @Screwie on a beautiful under-the-basket lay-up play using triple reverse psychology?
@specialist: @Paradisefound lives in Hawaii, She may have a big "kahuna". Lucky her, lucky guy
You are fumbling for (the word) cojones, but no worries, Everyone already knows (or at least has been told often enough) that you've got some of the biggest huevos in the biz
You'veYou're quite the package
Freudian theory on penis envy has few proponents nowadays, but your professed stance invites speculative rumination on the anthropologically archaic cross-cultural meme of the vagina dentata
It means someone wanted this coin more then the next guy
I saw a Rhode Island Commem in 68 CAC with a PCGS price guide value of $4500 go for $43,475 last night . So as far as you cents guys go you are all a bunch of penny pinchers as far as I’m concerned
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
All I know is that if I had tried submitting it, it would have come back a 64.
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
No way, at least a 66+ even for you!
Here is the Rhode Island that went for 43K+.
PCSG 26, NGC 5, CAC 10.
Estimate 4500-5000
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Sometimes, you find a coin so magnificent that it just transcends far beyond all of the others you've seen for that type. I was the owner of the 1852 Large Cent prior to it being included in the Pogue Collecton. I can still remember lot viewing at the Goldbergs, making notes of the various lots, and when I came to that 1852, I graded it "MS-WOW!"
I've only seen pictures of the 1935 Lincoln, but perhaps its bidders all considered it "MS-WOW!"
Colonel Jessup with his psycho babble as usual spewing what no one understands
Including himself. At least he still admits to decimal grading which went away when
plus grading came into play. But a has been like him needs to count to 68+ Before anyone will listen.
Cardinal - I was the under bidder for the 1852 at the Goldbergs auction. I thought you were done with your last bid and I felt $ 27,000 was enough for a 65 even though I graded the coin Ms 67.
Gorgeous coin.
It was tried numerous times to get the "+" and represents several of the coins in the 68 RD straight grade population.
Amazed that it grades RD with all that toning. If it were graded 68+ RB, which it looks like it should have been, no way it goes for $35k.
Surprised Blay didn't call it out as "chemically altered".
@STEWARTBLAYNUMIS said: "...At least he still admits to decimal grading which went away when plus grading came into play."
Please fill in some interesting grading history. Who was decimal grading? Internally at one of the TPG's? Thanks in advance.
I wondered that myself.... from a pure grading aspect, it is not truly 100% 'mint red'.
Fwiw, I like it better the way it is with that beautiful red tone than if it were all mint state red and it would be worth more to me, personally, in it's current state.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I was there - it was the second most exciting part of the auction, the first being the Rhode Island. The 1935 coin is absolutely a total stunner. If I sent it in though, it would have come back RB. The finest wheat cent? I don't know about that.
The 14-D didn't sell I don't believe. I stand by my statements in the 14-d threads after looking at the coin again. Yes, that hit behind the head is really that big. The coin is dull and lifeless, and then having it sit there in the box next to that 1935 68+ ... well that didn't help matters any.
I wanted the RI, and had planned to go to $10,000 for it. Laura said "eh, you should go for the Booker." Needless to say I was stunned when it kept climbing, as was the rest of the room. It was phone vs. online bidders.
Somebody thinks they can get that Rhode Island into a 68+/ 69 holder. They were pretty confident in that regard. There are a lot of 68's that have better color
M
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I agree M. $10,000 coin.
"Condition rarities" are just so confusing to my little pea brain, can someone please explain this phenomenon to me?
I had the best burp of my life today, is it worth ten fold more than my next best belch? I don't think so.....well maybe for that one moment that it gave me some relief...............BUUURRRRPPP!
EXCUSE ME!!
There seems to be a large following for toned and/or RB Lincolns and many of them have and will sell for more than their RD counterparts.
https://pcgs.com/setregistry/showcase/2819