A New Lincoln Conditional Rarity,, 1927-S...

OneCent · July 4, 2008 3:31PM

Well wheatback connoisseurs, what makes the 1927-S Lincoln so special in gem grade?

14.2M minted, it was the roaring twenties so good times for all...

MS65 Red, $25K; MS65RB, $1.8K. Seems like a lot of dough for a late 20's S-mint.

coinbuf · July 4, 2008 3:37PM

Its not the mintage number in this case but the lack of quality strikes that give this and almost every mid to late date "S" mint 20's Lincoln their status. For many years these have been nearly impossible to find in grades above 64 but only recently have thay come out of the 09-svdb and 14-d shadow.

Edited to add: This is reflected in the registry sets, look at the 24, 25, and 27 - s slot and even some of the alltime best only have MS64's for this date/mm

Swampboy · July 4, 2008 4:19PM

From A Guidebook of Lincoln Cents by QDB

re:27-S

"Virtually all specialists have had to make do with weakly defined coins.....

....Striking and Sharpness: Usually miserable."

droopyd · July 4, 2008 4:35PM

No surprise to those who have been collecting this series for some time.

That's why a 63RB will have to do for me.

ArizonaJack · July 4, 2008 4:39PM

Exactly....strike , strike, strike
How about that pesky 26-S, WOW

With the Lincolns rage continuing to fan the price guide flames, I just say hang on to the ride folks, 09's gonna be fun !!

Swampboy · July 4, 2008 4:42PM

<< <i>Exactly....strike , strike, strike
How about that pesky 26-S, WOW

With the Lincolns rage continuing to fan the price guide flames, I just say hang on to the ride folks, 09's gonna be fun !! >>

It better be or you'll be left holding a pretty big bag, no?

ArizonaJack · July 4, 2008 5:06PM

<< <i>[

It better be or you'll be left holding a pretty big bag, no?

>>

Ughhhh, yep, lol

OneCent · July 5, 2008 3:45AM

It's funny because most casual Lincoln collector's would never even think of the '27-S as being in the same league as the '09-SVDB or the '14-D. In fact, I never thought of it as being in the same league. I guess it only becomes scarce in the higher MS grades.

What is the pop on the '27-S, 63RD and up?

drwstr123 · July 5, 2008 3:48AM

Phoenix21 · July 5, 2008 5:35AM

Lol, most people beat me to it. But, like said, this date is notorious for weak strikes, where finding a pleasing example with a nice strike and color is hard. Most have a weakly struck obverse, or reverse, or both.

Doesn't come often fully struck, or even with a decent strike. I consider it tougher than finding a nicely struck 22-D, where they are pretty tough sometimes, they can be located a bit easier. Another reason being to this as people don't really see this as a "scarce" date, where they will just hold onto them, or not pay much attention to them. David LAnge illustrates in his book that in his collection, he has an AU-58 RB cent, with a hit on Lincoln's nose, but he would take it anyday over any MS R cent, because it has a needlepoint strike. And, to answer your question why it has such a high price in 65 grade, is 65 (if you didn't already know) should (not always with some TPG's) have a sharp strike. So, it basically goes to finding a pleasing example. I'm done now. Sorry about that.

Phoenix

Shamika · July 5, 2008 5:50AM

<< <i>

>>

There's red and there's RED!!!!

A New Lincoln Conditional Rarity,, 1927-S...

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