1916 matte proof Lincoln cent on eBay, would you bid on it?

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BUFFNIXX
BUFFNIXX Posts: 2,759 ✭✭✭✭✭
in U.S. Coin Forum

Would you bid on this 1916 matte proof Lincoln cent being offered on eBay now? over 40 bids on at 203.50 dollars now.

Collector of Buffalo Nickels and other 20th century United States Coinage
a.k.a "The BUFFINATOR"
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  • lkenefic
    lkenefic Posts: 9,518 ✭✭✭✭✭
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    The wheat stalks seem a bit mushy of a strike for a PR...

    IMHO... for this particular issue... no holder... no way!

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • BuffaloIronTail
    BuffaloIronTail Posts: 7,765 ✭✭✭✭✭
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    Doesn't really look Proofy to me. Nice strike, but rim is not sharp and squared.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • Klif50
    Klif50 Posts: 804 ✭✭✭✭
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    Without a PCGS holder I wouldn't touch it

  • mothra454
    mothra454 Posts: 277 ✭✭✭
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    [ ] Coin is graded
    [ ] Seller has more than 0 feedback
    [x] Looks like it was found in the reject slot of a coinstar

    You be the judge

    Successful BST transactions with: Cameonut, Rob41281

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    In case anyone else wants to report it as a non-Proof, here's a link to the listing:
    https://www.ebay.com/itm/1916-Matte-Proof-Lincoln-Wheat-Cent-RED-NO-RESERVE-MORE-NO-RESERVE-AUCTIONS/363056075504?hash=item5487d412f0:g:H48AAOSwxMle7tdf

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Smudge
    Smudge Posts: 10,001 ✭✭✭✭✭
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    No.

  • ifthevamzarockin
    ifthevamzarockin Posts: 8,915 ✭✭✭✭✭
    edited July 29, 2020 10:18AM
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    Might as well get the other listing too. ;)

    https://www.ebay.com/sch/kamo_342/m.html?item=363056075504&hash=item5487d412f0:g:H48AAOSwxMle7tdf&rt=nc&_trksid=p2047675.l2562

    Edited to add:
    THE HOLY GRAIL :D
    https://www.ebay.com/itm/1878-rev-of-79-Proof-Morgan-Silver-Dollar-Cameo-ONLY-50-MINTED-THE-HOLY-GRAIL/363056073026?hash=item5487d40942:g:UT8AAOSwL7tfDzuk

  • AUandAG
    AUandAG Posts: 25,050 ✭✭✭✭✭
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    His 1888 Proof Morgan is also not a proof. Reported.

    bob

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    I'd buy it is a proof. For 50c cents.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Hydrant
    Hydrant Posts: 7,773 ✭✭✭✭✭
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    No.

  • privatecoin
    privatecoin Posts: 3,853 ✭✭✭✭✭
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    How about the 1914 cent?

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • WaterSport
    WaterSport Posts: 7,064 ✭✭✭✭✭
    edited July 30, 2020 12:45PM
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    @privatecoin said:
    How about the 1914 cent?

    Not even close. Everyone - you really have to buy the book, study the diagnostics and get away from the idea MPL just need "wide rims" to be a proof. Those rims do need to be wide, but the need to be square and full all the way around and have sharpe edges on both the inside and outside edge, etc.

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • privatecoin
    privatecoin Posts: 3,853 ✭✭✭✭✭
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    @WaterSport said:

    @privatecoin said:
    How about the 1914 cent?

    Not even close. Everyone - you really have to buy the book, study the diagnostics and get away from the idea MPL just need "wide rims" to be a proof. Those rims do need to be wide, but the need to be square and full all the way around and have shape edges on both the inside and outside edge, etc.

    Thats what I thought on it. But I certainly don't mind confirming my theories with the experts.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • numismapiddler
    numismapiddler Posts: 79 ✭✭
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    Looks like a business strike that has been whizzed.

  • abcde12345
    abcde12345 Posts: 3,404 ✭✭✭✭✭
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    California special on one of those "proof" 1886 Morgans...

  • oih82w8
    oih82w8 Posts: 13,208 ✭✭✭✭✭
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    A coin of that alleged quality should be in a TPG holder to be taken seriously.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    IMO ... it's not a proof for the reasons mentioned above.

  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    1916 now has 45 bidders and at $225.00

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • oldabeintx
    oldabeintx Posts: 3,214 ✭✭✭✭✭
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    No. The only raw coins I buy are those that are more often not worth the trouble or expense to have graded; i.e.. are of low value. Even then I first try to find a graded example. If I made a living at this, it might be different.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited July 29, 2020 6:06PM
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    @BUFFNIXX said:
    1916 now has 45 bidders and at $225.00

    Hopefully the auction can be stopped.

    If not, someone is going to be paying, and someone else is going to be earning tuition.

    Compare the rims on this proof.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • johnny9434
    johnny9434 Posts: 34,054 ✭✭✭✭✭
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    No it's not for me. Pass

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,795 ✭✭✭✭✭
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    Note the dings on "R" of Liberty,"E" of One, and "C" of Cent.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
    edited July 30, 2020 4:19AM
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    @BLUEJAYWAY said:
    Note the dings on "R" of Liberty,"E" of One, and "C" of Cent.

    That’s sort of a moot point, considering that the coin isn’t a Proof and therefore of very low value, with or without the “dings”.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • mr1931S
    mr1931S Posts: 7,309 ✭✭✭✭✭
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    Put a mask on Lincoln and stop trying to save people from themselves.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • mr1931S
    mr1931S Posts: 7,309 ✭✭✭✭✭
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    40 shill bids. Impressive.

    "Two things are infinite: human stupidity and the universe; and I'm not sure about the universe."
    -Albert Einstein-

    Mistakes are natural. But repeated mistakes without reflection are something else. That may be the “stupidity” he was referring to. In research, he admitted uncertainty openly. “If we knew what it was we were doing, it would not be called research, would it?” This shows humility. Even a Nobel laureate accepted doubt. That humility makes the quote less cynical and more observational.

  • davewesen
    davewesen Posts: 6,982 ✭✭✭✭✭
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    I wonder what this sold for?

    https://ebay.com/itm/1961-PROOF-CAMEO-FRANKLIN-HALF-DOLLAR-DOUBLED-DIE-REVERSE-DDR-FS-801-/363058687027?hash=item5487fbec33%3Ag%3A-%7EoAAOSwW8RfHIZd&nma=true&si=SJASvRzyvi8KIx%252BRMmgEeKl2g5A%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    The fields are significantly different than the authentic version shown above... this is a 'manufactured' piece.... Flaky bid history as well...Cheers, RickO

  • mothra454
    mothra454 Posts: 277 ✭✭✭
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    @Zoins said:

    @BUFFNIXX said:
    1916 now has 45 bidders and at $225.00

    Hopefully the auction can be stopped.

    If not, someone is going to be paying, and someone else is going to be earning tuition.

    Compare the rims on this proof.

    >

    Now those are some rims! Thanks for pointing out these details to us newbies (or renewbies) trying to figure out how you guys can spot such things.

    Successful BST transactions with: Cameonut, Rob41281

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,795 ✭✭✭✭✭
    edited July 30, 2020 6:26PM
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    @MFeld said:

    @BLUEJAYWAY said:
    Note the dings on "R" of Liberty,"E" of One, and "C" of Cent.

    That’s sort of a moot point, considering that the coin isn’t a Proof and therefore of very low value, with or without the “dings”.

    Regardless proof or not the dings do cause a lessening of value in determining it's final grade/selling price.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • OldIndianNutKase
    OldIndianNutKase Posts: 2,717 ✭✭✭✭✭
    edited July 30, 2020 8:43PM
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    If anyone posting on this thread thinks this might just be a proof they should just post an atomic bid (perhaps $500?) and then pay submission fee to see if they just won the lottery........

    And please share the results.

    OINK

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,795 ✭✭✭✭✭
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    @OldIndianNutKase said:
    If anyone posting on this thread thinks this might just be a proof they should just post an atomic bid (perhaps $500?) and then pay submission fee to see if they just won the lottery........

    And please share the results.

    OINK

    Look like all here do vote non-proof.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • koynekwest
    koynekwest Posts: 10,048 ✭✭✭✭✭
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    I will also vote "Not a proof." Rims are all wrong.

  • WaterSport
    WaterSport Posts: 7,064 ✭✭✭✭✭
    edited July 31, 2020 5:45AM
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    Its more than about rims. Each of the Matte Proofs have specific diagnostics that are used to ID the coin. It's not just the rims. Thats why I can not emphasis enough the need to have a resource book handy like Kevin Flynns Lincoln Cent Matte Proofs or Carl B Waltz Jr.A Study of Matte Proof Lincoln Cents 1909-1916. Do your usual book searches and you should find them.

    WS

    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • koynekwest
    koynekwest Posts: 10,048 ✭✭✭✭✭
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    If the rims ain't right it ain't a proof, regardless of any die markers.

  • koynekwest
    koynekwest Posts: 10,048 ✭✭✭✭✭
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    The edge is another characteristic of a proof. Proofs will show a mirrored edge that is consistent in thickness and not beveled as in a circulation strike.

  • BillJones
    BillJones Posts: 35,933 ✭✭✭✭✭
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    Mushy area at the bottom of the reverse says no.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • davewesen
    davewesen Posts: 6,982 ✭✭✭✭✭
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    it looks like it was included in a package deal that just sold

    https://ebay.com/itm/1909-vdb-RB-amp-1916-RD-Matte-Proof-Wheat-Cents-2-Coins-4-free-proofs-for-buying-/363063430941?hash=item5488444f1d%3Ag%3Aui0AAOSwzaJfIubh&nma=true&si=SJASvRzyvi8KIx%252BRMmgEeKl2g5A%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557

  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    Here is the reverse of the 1909vdb matte proof shown in above combo auction with the 1916 so-called matte proof
    and a picture of one of the free proof coins included with the big two. Some one is getting skinned and flogged at the
    same time here. I guess this must be what you would call a reverse cherrypick where the buyer picks you (your pocket that is) rather than you picking them! And to think this package “deal" sold for only a bit above 2900 dollars
    Pictures shown below........

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    Cannot imagine why the seller did not include common date nice proof wheat cents rather than stuff like this?

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
    edited August 1, 2020 9:36AM
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    The 1936 proof penny would probably grade PR20 environmental damage.
    Thats of course if you could identify some die marker or markers to prove it was a proof die.

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • DRUNNER
    DRUNNER Posts: 3,946 ✭✭✭✭✭
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    I guess it is about time I open myself up for rebuke . . . . .

    There are times I wonder about the hobby, humanity, and where we will all end up in time . . .

    So . . . . we have here a 1916 (cleaned) in MS63-4, a spotted, ultracommon 1909-VDB, and some damaged, cleaned, buffed (I haven't been able to see the date unless I actually give effort) 'proofs' (or common damaged bag-Lincs that may or may not make it through CoinStar) . . . .

    And, someone sold this $47.00 (I am being ULTRA-generous) lot for what amount ??????????

    Am I missing something? Am I too old? Do I have a wrong impression of the numismatic hobby???

    Drunner

  • koynekwest
    koynekwest Posts: 10,048 ✭✭✭✭✭
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    What kind of people are bidding on this stuff? Certainly the uninformed but just the sheer number of bids is amazing.

  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    here is the obverse of the 1909vdb so-called matte proof cent in the above deal

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • BUFFNIXX
    BUFFNIXX Posts: 2,759 ✭✭✭✭✭
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    along with the reverse again

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • davewesen
    davewesen Posts: 6,982 ✭✭✭✭✭
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    closed high with a 10k+ feedback buyer,. I still wonder if they even have it.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited August 2, 2020 9:18PM
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    @davewesen said:
    closed high with a 10k+ feedback buyer,. I still wonder if they even have it.

    Closed at $770.

    Pretty active buyer. 1146 bids in the last 30 days with only 2% with this seller.

    Private Mint News | 2010 Lincoln Reverse Finalists

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