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MS70 penny on Teletrade this month!!!!
guitarwes
Posts: 9,308 ✭✭✭
That's gonna be a FUN auction to watch. Yes, me watch, me not bid. Me ALOT smarter than that. Talk about MOON MONEY to some of these cent collectors! Just think if another one comes out in the next couple months, what a sad, sad thing that would be.
I don't blame the seller one bit!! I'd get rid of that thing faster than a........than a....................whatever. I really can't think of anything clever right now. But you get my point. Before another one hits the market and drops the price on this one. I think the owner is a board member. Congrats to him, whoever he is!
I don't blame the seller one bit!! I'd get rid of that thing faster than a........than a....................whatever. I really can't think of anything clever right now. But you get my point. Before another one hits the market and drops the price on this one. I think the owner is a board member. Congrats to him, whoever he is!
@ Elite CNC Routing & Woodworks on Facebook. Check out my work.
Too many positive BST transactions with too many members to list.
Too many positive BST transactions with too many members to list.
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I forgot what thread this came out in, but it's someone who does not submit a lot and just happened to make the grade with a 2003 from my understanding.
I'd sell it , too.
Who wants to sit around holding a winning lottery ticket ?
``https://ebay.us/m/KxolR5
Got a link? I can't seem to find it in a Teletrade search.
Too many positive BST transactions with too many members to list.
PCGS Certifies First Perfect Business Strike Cent
- August 29, 2006
It took 20 years and over 160,000 tries, but in August 2006, the Professional Coin Grading Service (PCGS) finally assigned the MS-70 grade to a Lincoln cent struck for circulation. The historic coin is a perfect 2003 Cent in full Red MS-70.
Other Lincoln Cents, such as Proof and Satin Finish coins, have earned a grade of 70 in the past, but those were coins produced through special minting processes designed to produce coins of near-perfection. The fact that this coin is a "business strike" meant for everyday commerce makes it all the more special, since no special steps were taken to ensure the quality of this piece when it was made.
According to Jaime Hernandez, Price Guide Editor at PCGS, "This coin is the Holy Grail of Lincoln Cents and something for which we have been searching for two decades. If this coin comes on the market, the competition for it will be fierce. Every advanced Cent or type collector will want to own this coin."
In 2009, the Lincoln Cent will celebrate its 100th Anniversary. Will another perfect MS-70 Cent show up anytime soon? "Not likely", says PCGS President Ron Guth. "This is a remarkable coin and one of the very few that will ever be able to meet PCGS' strict requirements for the MS-70 grade."
Teletrade (www.teletrade.com) will be offering this remarkable coin for sale as a feature of their September Premier Plus auction on September 28, 2006. Also, the coin will be available for viewing at the Teletrade booth at the Long Beach Coin, Stamp & Collectibles Expo from September 14-16, 2006.
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Wondercoin
<< <i>It's not on the auction list yet. I believe it will be auctioned the 27th or 28th. It's in the announcments somewhere on the page. >>
Ahhh............ I see it now....Thanks
I had loaded Teletrade and immediately clicked into the search features.
<< <i>This coin is the Holy Grail of Lincoln Cents >>
I'd rather have a '58 DDO.
Russ, NCNE
Is there any estimate as to how much it is going to go for (money-wise)?
Having HRH describe how it went down in the grading room. Did the grader just enter MS70 into the computer without batting an eye? Did the grading team study the coin for 30 minutes? Did they call HRH in for a ninth opinion? Was there a buzz around the place, or was it just business as usual?
I think describing how it happened would be an interesting tale.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
By the way Russ, I never got my "FRESH MEAT" sign when I joined up. Kinda feelin' a little left out!
Too many positive BST transactions with too many members to list.
"... if another one comes out in the next couple months..."
You mean when, don't you?
<< <i>can we do a giveaway for whoever guess how much? >>
We? or Me?
Too many positive BST transactions with too many members to list.
<< <i>By the way Russ, I never got my "FRESH MEAT" sign when I joined up. Kinda feelin' a little left out! >>
Russ, NCNE
WS
<< <i>It took 20 years and over 160,000 tries, >>
So does that mean it will sell for $2,240,000?
(160000*$14)
Too many positive BST transactions with too many members to list.
Yeah I always wanted a 1909-S-VDB too. Hey, wait a minute!! He's talking about a Modern copper plated zinc slug.
<< <i>
<< <i>This coin is the Holy Grail of Lincoln Cents >>
I'd rather have a '58 DDO.
Russ, NCNE >>
An MS 70 Lincoln is way down on my list of coins that I would love to own. Just wish that I had the money this thing is going to bring to buy some of those coins.
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etexmike
As Stewart Blay has said in another thread, this comment made by the PCGS price guide editor, is not shared by many Lincoln cent collectors. My choice for the "Holy Grail" Lincoln cent is the 1909 VDB Matte Proof because only 420 of these were sold by the US Mint and probably less than 200 exist today in ALL grades. Steve
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
if you had to put this coin away in your collection for at least 12 years for your kids college fund or your retirement fund how much would you pay for this coin right now in its current holder???
and right now how much would you pay for this coin if it was cracked out raw and put into a flip??
<< <i>can we do a giveaway for whoever guess how much? >>
Sure, and I'll even donate a 2003 cent as the prize.
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
<< <i>
<< <i>It took 20 years and over 160,000 tries, >>
So does that mean it will sell for $2,240,000?
(160000*$14) >>
one of the best i've read, lately !
``https://ebay.us/m/KxolR5
<< <i>
<< <i>This coin is the Holy Grail of Lincoln Cents >>
I'd rather have a '58 DDO.
Russ, NCNE >>
An authorized PCGS dealer, and a contributor to the Red Book.
Wondercoin
09/07/2006
<< <i>This thread is useless without pictures! >>
someone could post an MS69 or even an MS68 with the coin cropped and you'd never know.
For $60, I can have seafoods dinner for 2 at All You Can Eat
<< <i>So how much will this coin go for? I don't follow currently issued coins. >>
It's very tough to predict. Most Lincolns don't even exist in MS-69 much less MS-70.
There should be very strong demand from a small group of collectors. While everyone
seems to just assume it will go in a registry set, don't bet on it.