Home U.S. Coin Forum

$ 35,000 for a 1935 Lincoln Cent

13»

Comments

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭

    @ColonelJessup said:
    From another thread - Has the charge for the RI in 68 shown up yet on the @Justacommeman family debit card? :*

    At 12-15K I would have been comfortable on a 50/50 jump ball getting it upgraded. While there are prettier Rhode Island’s this one was all there and more for a 68. Virtually flawless
    M

    m

    Walker Proof Digital Album
    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......
  • specialistspecialist Posts: 956 ✭✭✭✭✭

    And we learned that the more drugs Keith Richards took, the better he played

    I LOVE Keith Richards! It is so true what the Col said about him! Rock on!

  • TopoftheHillTopoftheHill Posts: 200 ✭✭✭

    @DMWJR said:
    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.

    I saw that Rhode Island in the PCGS website where it was graded 67+ . It is now in a 68 holder. The description from Legend said they graded it as 69.

  • TopoftheHillTopoftheHill Posts: 200 ✭✭✭


    The true view image from PCGS when the Rhode Island was graded 67+

  • specialistspecialist Posts: 956 ✭✭✭✭✭

    Legend did not know it had been a 67+. Even so, it was then UNDERgraded.

    Just a remarkable coin!

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    @RogerB said:
    Stupid.

    Oh yea.

  • sparky64sparky64 Posts: 7,048 ✭✭✭✭✭
    edited May 19, 2018 7:10PM

    I just happy to see some attention and hear some buzz about a Commem.
    That's good great news!

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • mr1931Smr1931S Posts: 6,418 ✭✭✭✭✭
    edited May 19, 2018 8:03PM

    __Still seems like a lot of money, though...

    That's because it is a lot of money. About as much money as the golf country club I drive by nearly every day wants for a year's membership. i say dirt is dirt, grass is grass, scenic views are free if you know where to go...pretty penny though.

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • kenriles012kenriles012 Posts: 170 ✭✭

    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

  • mr1931Smr1931S Posts: 6,418 ✭✭✭✭✭

    _ I wonder if it would have graded 69 if the spots on the reverse were not present_

    Those and the spots on the obverse kept it from grading 69...

    Whoever is careless with the truth in small matters cannot be trusted with important matters.

  • Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    @kenriles012 said:
    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

    Decades ago before TPGS's, a newly discovered 1936 DDO Lincoln cent was on the cover of a coin magazine after being auctioned for thousands of dollars. Today, it seems the things are all over the place. I'm sure the price of that coin has gone down. As for this one, if\t it stays stable it will at least get a plus or * sometime in the future.

  • kenriles012kenriles012 Posts: 170 ✭✭

    @Insider2 said:

    @kenriles012 said:
    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

    Decades ago before TPGS's, a newly discovered 1936 DDO Lincoln cent was on the cover of a coin magazine after being auctioned for thousands of dollars. Today, it seems the things are all over the place. I'm sure the price of that coin has gone down. As for this one, if\t it stays stable it will at least get a plus or * sometime in the future.

    This is more recent. There is a famous Lincoln in very high grade that got a gold CAC sticker and the owner(s) have kept it like that and it goes for huge money. It sold a couple of years ago. Killing me I can't remember it.

  • BGBG Posts: 1,762 ✭✭✭✭✭

    @sparky64 said:
    I just happy to see some attention and hear some buzz about a Commem.
    That's good great news!

    For Sure!!

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭

    The cure for high prices ...

  • kenriles012kenriles012 Posts: 170 ✭✭

    @david3142 said:

    @kenriles012 said:

    @Insider2 said:

    @kenriles012 said:
    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

    Decades ago before TPGS's, a newly discovered 1936 DDO Lincoln cent was on the cover of a coin magazine after being auctioned for thousands of dollars. Today, it seems the things are all over the place. I'm sure the price of that coin has gone down. As for this one, if\t it stays stable it will at least get a plus or * sometime in the future.

    This is more recent. There is a famous Lincoln in very high grade that got a gold CAC sticker and the owner(s) have kept it like that and it goes for huge money. It sold a couple of years ago. Killing me I can't remember it.

    Do you mean the PR67+ 09-VDB?

    I think that is the one.

  • NicNic Posts: 3,415 ✭✭✭✭✭

    @david3142 said:

    @kenriles012 said:

    @Insider2 said:

    @kenriles012 said:
    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

    Decades ago before TPGS's, a newly discovered 1936 DDO Lincoln cent was on the cover of a coin magazine after being auctioned for thousands of dollars. Today, it seems the things are all over the place. I'm sure the price of that coin has gone down. As for this one, if\t it stays stable it will at least get a plus or * sometime in the future.

    This is more recent. There is a famous Lincoln in very high grade that got a gold CAC sticker and the owner(s) have kept it like that and it goes for huge money. It sold a couple of years ago. Killing me I can't remember it.

    Do you mean the PR67+ 09-VDB?

    Must be. One sweet Lincoln.

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

    @Broadstruck said:
    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.

    And it looks on its way to RB status if it isn't there already...

  • ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited May 20, 2018 11:50AM

    @david3142 said:

    @kenriles012 said:

    @Insider2 said:

    @kenriles012 said:
    Think somebody was banking (at least partially) on a possible upgrade? Seems a little Hail Mary but there is that one "famous" Lincoln that has a gold CAC and still does. It was in auction a few years ago. It went for a killing. I can't for the life of me remember that that coin is. Might be one of the Wheatie proofs or maybe it is a 14-D. Man killing me I can't remember what it is. It goes for like 200k.

    Decades ago before TPGS's, a newly discovered 1936 DDO Lincoln cent was on the cover of a coin magazine after being auctioned for thousands of dollars. Today, it seems the things are all over the place. I'm sure the price of that coin has gone down. As for this one, if\t it stays stable it will at least get a plus or * sometime in the future.

    This is more recent. There is a famous Lincoln in very high grade that got a gold CAC sticker and the owner(s) have kept it like that and it goes for huge money. It sold a couple of years ago. Killing me I can't remember it.

    Do you mean the PR67+ 09-VDB?

    IIRC when @specialist owned that piece it was NGC PF68RB CAC. It hasn't changed since she sold it through Brian Wagner. The current holder is the result of politics and merchandizing, not technical grading. I doubt if any serious potential buyer cannot figure that out, and yet it actually does make some difference in, for instance, an auction setting .

    Ironically, that particular "gold" is not an under-grade with (assumed) upside potential for upgrading but a "market adjustment" as down-side protection from underpricing due to undergrading.,

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • SeattleSlammerSeattleSlammer Posts: 10,064 ✭✭✭✭✭

    @DMWJR said:
    I hope to post a couple of Rhode Island Rivals I got graded at the show as soon as the truviews come in :smile:

    A dealer also took a substantial amount of money from me right before the auction, but I gave it willingly - pics will follow soon

    Oh wait I just looked and it posted

    Wow :star:

  • No HeadlightsNo Headlights Posts: 2,105 ✭✭✭✭✭

    With the coin on the edge of red brown I hope you the new owner lives in the high dry desert

  • specialistspecialist Posts: 956 ✭✭✭✭✭

    The new owner does not live near any desert . Further the coin was not turning. It has some original toning. I know, I saw the coin.

    Dang that is a MONSTER Hug!!!! WOW!

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file