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We have a winner in the infamous 1963 Lincoln contest!
Russ
Posts: 48,514 ✭✭✭
And, I think I figured out some of the weirdness that went on with this auction. Note: The following is just speculation. 
As everybody now knows, PCGS bought the coin back. It wasn't stated whether or not they bid on it, but I think they did. At one point the thing got bid up to over $58K with the juice and then suddenly dropped back to $35K plus juice ($40,250). I think some joker guessed that PCGS was bidding and decided to screw around and jack it up. Heritage gets wind and nukes it.
The floor auction opened and closed at the $35K, which was said to be the "book". I just found at that book can be either the reserve, or the high internet bid, (didn't know that). I think that high internet bid was PCGS and was also the reserve. That would mean the coin sold.
I also have a hunch that some additional compensation went to the consignor since Hall stated that those involved were made whole.
In any event, the site shows the coin sold and with juice, the total is the $40,250 it was at before things got whacky. That means that the winner is Shamika with his last minute guess of exactly that amount. Pretty smart thinking on his part!
Russ, NCNE
As everybody now knows, PCGS bought the coin back. It wasn't stated whether or not they bid on it, but I think they did. At one point the thing got bid up to over $58K with the juice and then suddenly dropped back to $35K plus juice ($40,250). I think some joker guessed that PCGS was bidding and decided to screw around and jack it up. Heritage gets wind and nukes it.
The floor auction opened and closed at the $35K, which was said to be the "book". I just found at that book can be either the reserve, or the high internet bid, (didn't know that). I think that high internet bid was PCGS and was also the reserve. That would mean the coin sold.
I also have a hunch that some additional compensation went to the consignor since Hall stated that those involved were made whole.
In any event, the site shows the coin sold and with juice, the total is the $40,250 it was at before things got whacky. That means that the winner is Shamika with his last minute guess of exactly that amount. Pretty smart thinking on his part!
Russ, NCNE
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In the end, I was still the first correct guesser of its value (not its selling price)...$1 or less. I could match that coin easy out of dealers' junk boxes at the local show.
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USAF veteran, 1986-1996 :: support our troops - the American way.
Russ,
Good fun (no pun intended), my guess is that this whole saga isn't over.
Russ, NCNE
K S
OH WELL, send the man a cigar with the prize!
NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!
WORK HARDER!!!!
Millions on WELFARE depend on you!
I have it from unimpeachable sources that the tiny country of Slabonia levied a huge tax on it's citizens and madly entered the fray to own this coin. When Slabonia's bid had risen as far as $58,000 there was a bloody coup in the country, and King Cladtomeetya, and his Official Coin Buying Advisor were riddled by machine gun fire in the courtyard of the small Best Western Motel that is used as Slabonia's State residence. The new KIng-- Karl of Dorkenstein III--withdrew the countries bid for the coin. Crushing the hopes and dreams of every modern-loving Slabonian on the planet.
That's the true, inside story. I have sources.
Clankeye
DAN
My first tassa slap 3/3/04
My shiny cents
You are doing well, subject 15837. You are a good person.
Congrats!!!
<< <i>if this Kennedy has turned in the holder >>
It did exactly that.
Russ, NCNE
09/07/2006
Russ, NCNE
What was your result from sending it to PCGS (specifics please).
It graded PR68 when I submitted it, and was all that. It later grew milk spots of the type that frequently appear on these in proof sets. It was undipped, and is now why I dip every single one before submission in order to stabilize the surfaces.
Russ, NCNE
<< <i>of course, there are no handling marks or other flaws of any significance to be found. >>
<< <i>If you look closely at the 63 cent you can see the wipe marks left by a Q-Tip. It looks like the coin was probably MS-70'd first, then rinsed with distilled water. What may have caused the blotchy haze is where the acetone and the cotton of the Q-Tip directly contacted the coin together removing most of the left over MS 70, and where the acetone just ran off the tip is where the haze remained. You can see where the Q-Tip actually skipped over the devices!-----------------------BigE >>
BigE: I heard this was the Rick Tomaska Lincoln, sold a year or two ago to a client of his for approximately $15,000.00. Now, that $15,000.00 price may have been what the Collector sold the coin for, having purchased it for less from Rick. Either way, there was a small write up in one of Rick's newsletters/pricelist a few months back.
The coin was a "70" when sold but had previously been Windexed and subsequently turned in the holder a few months later.