Top Pop 2010 Lincoln Cent Coin Sale Advice: Pop 1 is now Pop 2

ProofCollection · April 15, 2023 6:29PM

A recent submission blessed me with this 2010 PCGS Lincoln Cent in MS67. Pop was 1, part of the DL Hansen collection, and now I own the second one. As a coin hoarder my first instinct is to keep it, but realizing that I'll never be able to compete with the top sets anyway, I think my best course of action here is to sell it to fund other acquisitions.
PCGS price guide has this one at $1800 but that can't possibly be based on anything as there are no recorded sales for the MS67 and one sale for an NGC MS69 long ago.

For a coin like this, what would YOU do to maximize resale?
-Ebay auction is an option but if the right people don't see it, I can get screwed.
-Ebay fixed price is an option but I don't know what price to put on it.
-GC is probably the best option where I have sold before and fees are about the same as ebay, but sometimes coins "fall through the cracks" there it seems.
-HA is an option I suppose but for just one coin I'm not sure, plus the process seems to be pretty slow with them
-David Lawrence - I'm not sure this coin is the best fit
-Email top registry owners for private sale - the problem here is that I don't know what price to put on it.

I did get Trueviews but they haven't posted yet. Here are my photos. The reverse is almost flawless.

1madman · April 15, 2023 6:38PM

GC starting at $1

Batman23 · April 15, 2023 6:43PM

You could always try a multi-tiered plan. First, eBay with a fixed high value you would like with a best offer option to see what people are willing to pay. If that does not work out then try the registry group before GC. I don't have much selling experience but unless you are in a hurry I might try something along those lines.

U1chicago · April 15, 2023 7:14PM

@Batman23 said:
You could always try a multi-tiered plan. First, eBay with a fixed high value you would like with a best offer option to see what people are willing to pay. If that does not work out then try the registry group before GC. I don't have much selling experience but unless you are in a hurry I might try something along those lines.

That was along the lines of my thinking process. Some might say the coin is no longer "fresh" if it sits around on eBay and then pops up on GC but it still seems like the best way to maximize value.

As far as pricing, is the price guide value of $1,800 something the original poster would be happy with? If so, it's as good as any number to start a buy it now listing at. Another option is to look at other top pop modern Lincoln cents with low pop counts and use those as rough comparisons.

Klif50 · April 15, 2023 7:23PM

I would send it off to GC as fast as I could. They will do good by you and they have the eyes of serious buyers. Good luck what ever you decide to do.

alaura22 · April 15, 2023 11:49PM

Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

1Mike1 · April 16, 2023 2:20AM

BST is free

keyman64 · April 16, 2023 2:52AM

First of all, congrats!

After the TrueView posts and not before, I would send it to Great Collections and ask for an auction date 30+ days out. Once you have a link to the coin on GC, create a post with a link to it on the BST. Bump that post on the BST every couple days. Since it is clearly a registry quality coin I would create a post about it on the Registry section of this forum as well but I would only bump that once every 7-10 days. I would message all the top players in the registry game for the 2010 Mint Sets and Lincoln Sets. When messaging or posting, always post the TrueView and link to the coin at GC. If you post frequently enough on the forum here, change your signature here with a link to your BST post for Selling Top Pop 2010 Lincoln Cent Pop 2/0. You have to be your own best advocate and do your own marketing of it. No one else is going to do it for you.

I would let it ride, starting it at $1 and when messaging or posting about it I would be clear that I had started the auction at $1.

erscolo · April 16, 2023 6:54AM

There are 75 of these graded MS67 RD by NGC, of which I own one of them. There are 4 in higher grades. I am building a mint state 66/67 set of Lincoln Cents covering the last 94 years. I go for the coin, not the slab, so that is the why I took the path I did. I would never even consider the price quoted, I am not collecting to have the "best" registry set, just pleasing coins to admire and enjoy.

cameonut2011 · April 16, 2023 7:15AM

I’d reach out to the #2-5 sets owners and post it in the registry forum.

ricko · April 16, 2023 8:40AM

Really nice coin... Likely the best venue for sale would be to registry set builders... Cannot offer advice on pricing. GC might be able to offer advice in that area prior to listing with them. Cheers, RickO

ProofCollection · April 16, 2023 10:15AM

@alaura22 said:
Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

But there are sets that require both the SMS and business strike.

@erscolo said:
There are 75 of these graded MS67 RD by NGC, of which I own one of them. There are 4 in higher grades. I am building a mint state 66/67 set of Lincoln Cents covering the last 94 years. I go for the coin, not the slab, so that is the why I took the path I did. I would never even consider the price quoted, I am not collecting to have the "best" registry set, just pleasing coins to admire and enjoy.

Looks like there is an opportunity to buy them up and cross them over. If only it were that easy.

coinbuf · April 16, 2023 10:26AM

Get rid of it while you have the opportunity to make something on it. Now that the gates are open and the second one is made more will follow. I doubt that you will get anywhere near $1800 for it. but five or six hundred is possible if the right collector(s) want it.

alaura22 · April 16, 2023 12:24PM

@ProofCollection said:

@alaura22 said:
Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

But there are sets that require both the SMS and business strike.

Don't quite understand your statement
We are talking about the 2010 Lincoln Cent, It either is available in MS or SP and you can put either one to fill the slot in all the Lincoln sets

Zoins · April 16, 2023 12:44PM

@DLHansen does indeed have a MS67RD, but he uses a SP68RD for his registry set which has quite a few SP coins in it.

Registry Set: https://www.pcgs.com/setregistry/half-cents/lincoln-cents-major-sets/lincoln-cents-date-set-circulation-strikes-1909-present/publishedset/157607

Zoins · April 16, 2023 12:56PM

@erscolo said:
There are 75 of these graded MS67 RD by NGC, of which I own one of them. There are 4 in higher grades. I am building a mint state 66/67 set of Lincoln Cents covering the last 94 years. I go for the coin, not the slab, so that is the why I took the path I did. I would never even consider the price quoted, I am not collecting to have the "best" registry set, just pleasing coins to admire and enjoy.

NGC doesn't seem to grade these as SP, so I wonder how many PCGS would consider SP vs. MS.

ProofCollection · April 16, 2023 12:58PM

@alaura22 said:

@ProofCollection said:

@alaura22 said:
Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

But there are sets that require both the SMS and business strike.

Don't quite understand your statement
We are talking about the 2010 Lincoln Cent, It either is available in MS or SP and you can put either one to fill the slot in all the Lincoln sets

Did you check the LINCOLN CENTS WITH MAJOR VARIETIES, CIRCULATION STRIKES (1909-PRESENT) set composite?

@Zoins said:

@erscolo said:
There are 75 of these graded MS67 RD by NGC, of which I own one of them. There are 4 in higher grades. I am building a mint state 66/67 set of Lincoln Cents covering the last 94 years. I go for the coin, not the slab, so that is the why I took the path I did. I would never even consider the price quoted, I am not collecting to have the "best" registry set, just pleasing coins to admire and enjoy.

NGC doesn't seem to grade these as SP, so I wonder how many PCGS would consider SP vs. MS.

I'm pretty sure they do. They call them sms.

joeykoins · April 16, 2023 1:02PM

Good Luck on your Endeavors!
lol. It's funny, I had recently bought a few bank rolls (8) of the 2010p cents. I even started a tread on my "Quest, to find ms 67, 68's".

I'm coming after ya guys!

Few candidates to send in to try.

I have a couple more candidates not posted. Plus, still evaluating 2 more rolls.
Getting ready to send in to PCGS @ The Central States Show, in Chicago!

Zoins · April 16, 2023 1:02PM

@Zoins said:

@erscolo said:
There are 75 of these graded MS67 RD by NGC, of which I own one of them. There are 4 in higher grades. I am building a mint state 66/67 set of Lincoln Cents covering the last 94 years. I go for the coin, not the slab, so that is the why I took the path I did. I would never even consider the price quoted, I am not collecting to have the "best" registry set, just pleasing coins to admire and enjoy.

NGC doesn't seem to grade these as SP, so I wonder how many PCGS would consider SP vs. MS.

I'm pretty sure they do. They came them sms.

Ah, NGC uses "MS" for the grade which they list in Cert Verification, but they do break out "SMS as a separate variety in the Pop Report.

Zoins · April 16, 2023 1:21PM

@1madman said:
GC starting at $1

That's really aggressive relative to face value.

Can you start at $0.01?

alaura22 · April 16, 2023 2:12PM

@ProofCollection said:

@alaura22 said:

@ProofCollection said:

@alaura22 said:
Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

But there are sets that require both the SMS and business strike.

Don't quite understand your statement
We are talking about the 2010 Lincoln Cent, It either is available in MS or SP and you can put either one to fill the slot in all the Lincoln sets

Did you check the LINCOLN CENTS WITH MAJOR VARIETIES, CIRCULATION STRIKES (1909-PRESENT) set composite?

Yes, I see that set calls for both SP and an MS but you're saying SMS. I don't see anywhere where PCGS has a SMS. NGC does but not PCGS, not that I can see.

@DLHansen does indeed have a MS67RD, but he uses a SP68RD for his registry set which has quite a few SP coins in it.
Yes, because he gets more points with the SP68 then the MS67

ProofCollection · April 16, 2023 2:26PM

@keyman64 said:
First of all, congrats!

After the TrueView posts and not before, I would send it to Great Collections and ask for an auction date 30+ days out. Once you have a link to the coin on GC, create a post with a link to it on the BST. Bump that post on the BST every couple days. Since it is clearly a registry quality coin I would create a post about it on the Registry section of this forum as well but I would only bump that once every 7-10 days. I would message all the top players in the registry game for the 2010 Mint Sets and Lincoln Sets. When messaging or posting, always post the TrueView and link to the coin at GC. If you post frequently enough on the forum here, change your signature here with a link to your BST post for Selling Top Pop 2010 Lincoln Cent Pop 2/0. You have to be your own best advocate and do your own marketing of it. No one else is going to do it for you.

I would let it ride, starting it at $1 and when messaging or posting about it I would be clear that I had started the auction at $1.

Thanks, I do believe this is the best advice so far and is the route I will choose. You make many great points, especially that I am responsible for getting it marketed.

@alaura22 said:

@ProofCollection said:

@alaura22 said:

@ProofCollection said:

@alaura22 said:
Tough call on this one
The problem is although there are only 2 graded the registry guys (me included) have other choices to fill the slot for 2010. Most fill it with a SP68 for about $100 and it gets you more points in the registry then the MS67 would get.
You need to figure out how much you need to get for the coin
I would also suggest GC and maybe open the bid at 50% of value if you're good with that. All you need to get are 2 people that want the coin and bid it up.......
Good Luck

But there are sets that require both the SMS and business strike.

Don't quite understand your statement
We are talking about the 2010 Lincoln Cent, It either is available in MS or SP and you can put either one to fill the slot in all the Lincoln sets

Did you check the LINCOLN CENTS WITH MAJOR VARIETIES, CIRCULATION STRIKES (1909-PRESENT) set composite?

Yes, I see that set calls for both SP and an MS but you're saying SMS. I don't see anywhere where PCGS has a SMS. NGC does but not PCGS, not that I can see.

SMS = SP

@DLHansen does indeed have a MS67RD, but he uses a SP68RD for his registry set which has quite a few SP coins in it.
Yes, because he gets more points with the SP68 then the MS67

Why are you only looking at one registry set? Why not look at the set with major varieties? In this set you need both coins.
https://www.pcgs.com/setregistry/half-cents/lincoln-cents-major-sets/lincoln-cents-major-varieties-circulation-strikes-1909-present/publishedset/161868

alaura22 · April 16, 2023 2:28PM

SMS= Special Mint Set in my book

ProofCollection · April 16, 2023 2:36PM

.> @alaura22 said:

SMS= Special Mint Set in my book

And since the late 2000's PCGS grades for SMS coins start with SP.

alaura22 · April 16, 2023 2:47PM

@ProofCollection said:
.> @alaura22 said:

SMS= Special Mint Set in my book

And since the late 2000's PCGS grades for SMS coins start with SP.

Are you saying that 1964-67 SMS coins have been graded and the label says SP?
Never seen one of those
Have a pic?

The way I see it (maybe not the right way) coins from 1964-67 were labeled SMS, starting in 2005-2010 they recieved the SP label

ProofCollection · April 16, 2023 2:53PM

@alaura22 said:

@ProofCollection said:
.> @alaura22 said:

SMS= Special Mint Set in my book

And since the late 2000's PCGS grades for SMS coins start with SP.

Are you saying that 1964-67 SMS coins have been graded and the label says SP?
Never seen one of those
Have a pic?

The way I see it (maybe not the right way) coins from 1964-67 were labeled SMS, starting in 2005-2010 they recieved the SP label

Yep. Check: https://www.pcgs.com/cert/46843069
If you see a slab prior to about 2006 it will say MS. After that they switched to SP.

alaura22 · April 16, 2023 2:58PM

I see the variety says SMS and the grade says SP67CAM
BUT, what does the label say?
They made this very confussing........

ProofCollection · April 16, 2023 3:10PM

@alaura22 said:
I see the variety says SMS and the grade says SP67CAM
BUT, what does the label say?
They made this very confussing........

alaura22 · April 16, 2023 3:17PM

Wow
Live and learn
I never looked for one of those before, never knew about them
Still, very confussing..............

ProofCollection · April 17, 2023 10:25AM

The TV's finally posted:
https://www.pcgs.com/cert/46891214

alaura22 · April 17, 2023 6:44PM

Here ya go
Good Luck

https://www.ebay.com/itm/394573738857?hash=item5bde6d7369:g:yrQAAOSwYk5kPYG~&amdata=enc:AQAIAAAA8JQY0CNfF+tumx+in75q4lvKa+l+7IgSPnF53OodOr7AistwI/ZsoWJUNinXjtWARUWlZRRWefq6hdHq/fTm8rAQA9Ef8GozDGKhO5IYCx6l65Xn9yYGdLGuW7D1OKBnnMTHePzZ2oeyFMr9Q4Dbi/N0jK0n2og6dugi70yOhZ8UY6dzchSBPgCGrpGK+Mi9VxPYYhxOu6XIhObr76Zg7IvpmOspzzdJGShUq3QcR21Oit1GyTAQyCGDHEII5YW0uCzOD7ALVtnE7qaEO1MvhRfgXieOuSBvC7KpFo3WdnHBDYvSI13+A7BganTVVSZipg==|tkp:Bk9SR_yatKDyYQ

ProofCollection · April 17, 2023 7:05PM

Yep, I decided to throw it up on the bay for a few days and see if someone would grab it. Otherwise I will submit to market forces via GC.

alaura22 · April 17, 2023 7:15PM

Much more in fee's there rather then GC but I guess it's worth a try

1madman · April 17, 2023 7:21PM

The $3,500 ask price on the auction made me think of the other thread from a couple weeks ago where it was discussed about what percentage off of the full asking price is acceptable for the “make an offer” price.

So if I hypothetically made an offer of $1,800 on the ebay auction (which is full pcgs price guide value for the coin), equating to 51.4% of your asking price, would you block me on ebay?

I’d venture a guess that most people who sell on eBay on this forum would block me if I did that.

Zoins · April 18, 2023 12:06AM

@ProofCollection said:
The TV's finally posted:
https://www.pcgs.com/cert/46891214

Very nice!

Zoins · April 18, 2023 12:08AM

@1madman said:
The $3,500 ask price on the auction made me think of the other thread from a couple weeks ago where it was discussed about what percentage off of the full asking price is acceptable for the “make an offer” price.

So if I hypothetically made an offer of $1,800 on the ebay auction (which is full pcgs price guide value for the coin), equating to 51.4% of your asking price, would you block me on ebay?

I’d venture a guess that most people who sell on eBay on this forum would block me if I did that.

It's a good topic. Getting blocked is never ideal.

ProofCollection · April 18, 2023 7:10AM

@1madman said:
The $3,500 ask price on the auction made me think of the other thread from a couple weeks ago where it was discussed about what percentage off of the full asking price is acceptable for the “make an offer” price.

So if I hypothetically made an offer of $1,800 on the ebay auction (which is full pcgs price guide value for the coin), equating to 51.4% of your asking price, would you block me on ebay?

I’d venture a guess that most people who sell on eBay on this forum would block me if I did that.

I wouldn't. An offer should never be seen as an insult. It is the opening step in a negotiation. And especially if it was accompanied by a justification such as, "guide price is $1800 so that's what I'm offering." However, I always think to myself, if the seller would accept an offer of 50% of ask, why would he set the price so high to begin with - Why wouldn't he just set the price at 50% and sell it right away?

So while I did say above that I was going to follow the advice of keyman64 above, I also decided to combine it with the other advice above which is to throw it up on ebay for a few days and see what happens.

@alaura22 said:
Much more in fee's there rather then GC but I guess it's worth a try

Not really. ebay is 8.8% and buyer can use CC, GC is 10 or 12.5% (it still counts if the buyer is technically paying it).

FrankH · April 18, 2023 8:29AM

@ProofCollection said:
Yep, I decided to throw it up on the bay for a few days and see if someone would grab it. Otherwise I will submit to market forces via GC.

Don't forget that potential buyers for ANY specialized coin look at all venues.
Me, I'd go GC and let the market do the work.

coinbuf · April 18, 2023 9:25AM

@ProofCollection said:

@alaura22 said:
Much more in fee's there rather then GC but I guess it's worth a try

Not really. ebay is 8.8% and buyer can use CC, GC is 10 or 12.5% (it still counts if the buyer is technically paying it).

Only if you have a store, which I'm assuming you do, but for peeps like myself that do not it would be much more expensive on ebay vs GC if it sells for over 1K. And honestly, from what I have been seeing on the items I've been bidding on bidders seem to not factor in the buyer fee at all, everything I bid on goes nuclear fees be dammed.

PeakRarities · April 18, 2023 2:07PM

@coinbuf said:

@ProofCollection said:

@alaura22 said:
Much more in fee's there rather then GC but I guess it's worth a try

Not really. ebay is 8.8% and buyer can use CC, GC is 10 or 12.5% (it still counts if the buyer is technically paying it).

Only if you have a store, which I'm assuming you do, but for peeps like myself that do not it would be much more expensive on ebay vs GC if it sells for over 1K. And honestly, from what I have been seeing on the items I've been bidding on bidders seem to not factor in the buyer fee at all, everything I bid on goes nuclear fees be dammed.

I tend to have that same problem, just means that we have good taste

alaura22 · April 18, 2023 3:16PM

What am I missing. I was very good in math back in high school Albeit that was 60+ years ago but I believe 1+1 still equals 2
If you sold that coin on Ebay for the $3500 asking price and your store % of 8.8% you would pay $308 in fee's, Correct?
If you sold that same coin on GC there would only be the listing fee since anything over $1001 there is no seller's fee
What do I have wrong here?
Please explain

ProofCollection · April 18, 2023 3:21PM

@alaura22 said:
What am I missing. I was very good in math back in high school Albeit that was 60+ years ago but I believe 1+1 still equals 2
If you sold that coin on Ebay for the $3500 asking price and your store % of 8.8% you would pay $308 in fee's, Correct?
If you sold that same coin on GC there would only be the listing fee since anything over $1001 there is no seller's fee
What do I have wrong here?
Please explain

GC's buyer fee is 10% or 12.5%. Any intelligent buyer will bid 10 or 12.5% less than they would bid/pay on ebay because of that. So while I might not have to technically pay the fee, I will theoretically get 10 or 12.5% less. So one way or the other, I'm out 8.8% or 10%.

alaura22 · April 18, 2023 3:29PM

Ok,
So You're "assuming" that the GC bidder will only pay $3150 for the coin ($3500 less the 10% buyers fee)?

coinbuf · April 18, 2023 7:06PM

@DeplorableDan said:
I tend to have that same problem, just means that we have good taste

I like the way you are thinking.

ProofCollection · April 18, 2023 7:18PM

@alaura22 said:
Ok,
So You're "assuming" that the GC bidder will only pay $3150 for the coin ($3500 less the 10% buyers fee)?

Yes, For all but the noobs I assume auction buyers take into account all fees of a purchase prior to making a bid. Don't you?

alaura22 · April 18, 2023 7:40PM

Yes, I do
But to think that bidders do that all the time?
If you were bidding on Heritage would you hold back your bid by 20% or 25% because of the high shipping?
Just saying........

Batman23 · April 18, 2023 8:16PM

@alaura22 said:
Yes, I do
But to think that bidders do that all the time?
If you were bidding on Heritage would you hold back your bid by 20% or 25% because of the high shipping?
Just saying........

Yes. Every time.

alaura22 · April 18, 2023 9:12PM

@Batman23 said:

@alaura22 said:
Yes, I do
But to think that bidders do that all the time?
If you were bidding on Heritage would you hold back your bid by 20% or 25% because of the high shipping?
Just saying........

Yes. Every time.

Based on the prices realized you're not winning many coins

grote15 · April 18, 2023 9:14PM

@ProofCollection said:

@alaura22 said:
Ok,
So You're "assuming" that the GC bidder will only pay $3150 for the coin ($3500 less the 10% buyers fee)?

Yes, For all but the noobs I assume auction buyers take into account all fees of a purchase prior to making a bid. Don't you?

100%. To ignore the BP when bidding is foolhardy and just means on ebay where there is no BP you should then be bidding at least 10% higher (depending on the AH) than you would within an AH format.

alaura22 · April 18, 2023 9:46PM

It's all moot. It still comes down to how much someone is willing to pay for the coin.
I don't consider myself a noob, but if I really really want the coin I will bid it strong, what ever the venue.
Will I take into account the BP, of course. Will I limit myself to that, NO
I'm hoping that ProofCollection gets his price for the coin whatever venue.
We'll see.............

TomB · April 18, 2023 10:18PM

In whatever order you determine best-

A; List on the BST with a firm price in mind.
B; Reach out to other highly ranked registry set owners who might need the coin.
C; Contact @wondercoin (Mitch) and see if you can get a sale done.

Good luck!

Top Pop 2010 Lincoln Cent Coin Sale Advice: Pop 1 is now Pop 2

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