Coinbuf

Sweet!!!, I'm jealous

Well better than half way into this registry year as just under four months left until the 2021 deadline. My sets received quite a few points when the CAC bonus points were updated, however so did many/most of the top ranked US sets so that ended up a wash for the most part. As I look back over the first eight months I have not been able to improve as many sets as I would have liked. The increased money flowing into the coin hobby from the pandemic for many folks has really caused a surge in auction prices for anything nice. That has resulted in fewer than hoped for upgrades or filling new slots than I was expecting for this this year. I also decided to allocate some funds to defend a number one set that has been under attack from a former first place set owner which took funds away from projects that I had planned to work on this year. Not a complaint as I do enjoy the competition, just not the way I expected to spend some monies. So far this year I have added a total of 18 coins, most were very low value $40-$50 kind of coins. Several of those were Lincoln Memorial cents as I very slowly continue to fill in the blanks of my Lincoln cent sets post 1958. With those additions I was successful in moving the main Lincoln set into the number 5 position, a significant milestone for me as I am competing with some super deep pocketed collectors and dealers in that area. While I cannot ever reach the top in the Lincoln cent category (would require at least a $500K investment) I'm very satisfied with my set. This is one of the areas I had planned to try and do more on this year, perhaps one or two coins can still be added before the year is over. A few coins were fun or impulse buys like a very nice Peace dollar in an old Hallmark holder for my old holder set, I sure wish NGC would change how the custom sets are currently setup. I can add any brand of plastic slab into my old holder custom set, however just as in the competitive sets anyone other than myself can only see the NGC and PCGS coins that are in the set. This seems really silly given that the sets are not given awards for points but rather on the creative aspects of the sets; well enough of that I'll get off the soap box for now anyway. I also bought a couple of raw "W" quarters that I was not able to find in change over the year for my Dansco album. The remainder of this year's purchases have been to upgrade my 1940 year set that celebrates my mothers birth year in order to keep it in the 1st place slot. Hopefully those upgrades that I have made in this year will cement it at the top for many years. I was also able to convince NGC to add a new Lincoln cent set to the competitive registry, one without all those unnecessary varieties. Not to offend anyone but I see mint errors and varieties as defects, flaws, and poor craftsmanship items which have no place in the competitive registry. Those types of coins are in my view a perfect candidate for the custom set category. It was fun being at the top for a short time after that set was opened up but I knew that it would be short lived and I currently sit in the 2nd place slot and I expect that I will be lower by the end of the year. No matter as I'm happy that the set exists for those collectors like myself that don't wish to be burdened with collecting coins we do not want or like just to fill a spot. Always interesting to take a mid (ish) year look back on what I have done vs what I expected or hoped to do. Still some time but the budget is mostly shot so I am not planning on any large or special purchases before the year closes out, but you never know.

For most of the Lincoln cent varieties to be valuable enough to even think about grading it it needs to have collector demand, that usually only happens if its included in one or more of the registry sets. Looks like this is RPM-005, I do not see this as one of the listed varieties that NGC will authenticate and verify so a cool find that you would have to send to ANACS (assuming that they would authenticate this RPM) if you wanted it graded and authenticated.

Sounds like you will do very well, congrats. And don't forget your friends when it comes time to sell.

The highest probability is that it will grade as a 67, but I cannot be more definitive than that as the glare from the Mylar window of the holder makes it difficult to asses.

Some great replies so far, so much of the value is a marketed mindset that a coin must be undergraded if in an old holder. There are basically two reasons why a coin is still in am old holder: 1) Because those coins have been held onto for many years by a long term older collector, these coins are where the opportunity exists to find truly very nice for the grade and undergraded coins. 2) The price spread between grades does not justify the cost/risk to regrade, these are the coins you see with retail+ prices on at any major show. Coins that have traded hands so many times between dealers that it can only be sold to a full retail customer often times over hyped because of the holder. I cannot give you a specific number as each coin must be assessed for its own merits and warts, but as a general rule if the holder is intact with all the labels front and back as they left the TPG (many of the NGC hologram labels go missing due to other labels that were put over the hologram which damages it when removed) then if the coin is solid for the grade a 20% (or next grade up price depending on which is less) premium is not uncommon. The important thing is to determine in your mind if the coins are really premium quality or are they the kind that pass around the bourse floor many times.

Scour the worlds parking lots for coins that will be the crown jewels of your collection, just a dumb suggestion from one of the dumb ppl.

Good info, I don't follow or collect any world coins and I have read the PCGS has been making inroads on NGC's grip on the world market however I think that NGC is still the market leader in that overall area for now. Perhaps the marketing grip that Hall created at PCGS (with the help of some dealers) has run its course and the market will see some semblance of equality across the top two TPG's and all types of coins in the near future.

I like both companies for different reasons, the only thing I hate is the PCGS "we are better" dealers and collectors that have created an artificial price difference in the market. In time this pricing difference has been slowly rebalancing, but for the time being there is still some of that artificial market bias against NGC holdered coins. So if you want to submit for immediate sale then you may see higher pricing results with PCGS for US coins. If you are sending in world coins then NGC is the far better choice, they have a much better world registry and NGC world coins perform better in the market, again that is right now.

I did sell a small portion of my junk silver back in June and was able to closely time the top, now like you @Woods020 I wish that I had sold more. But I followed a generally solid practice for stocks which was to take profits on a portion just in case the market had continued on up. It has been an interesting ride so far and in the past inflation fears would have been a very big motivator to buy physical silver and gold. But todays population has grown up under different rules and do not see deficit spending as the monster that the older generation do/did. So I'm not surprised to see the prices starting to recede, and while very possible that metals could about face and move much higher I just do not see that as the most likely outcome at this time. I will say that if I'm correct and prices continue to drift down I (sorta) feel for the folks that bought all those massively overpriced offerings from the mint. Silver ASE's (essentially silver rounds) at $60-$70 per ounce and gold at over $3K an ounce, those items may overtake classic commems for the definition of buried.

He is/was a dealer that specialized in mint error coins, from his comments ats I get the feeling that the ANA show next week is the last. I am not clear on if he was ever a formal employee or not. Its my understanding that he was one of the original dealers that Hall contracted with to develop the PCGS brand and he has been the go to individual when PCGS needed someone to evaluate an error coin. But the difference of employee or consultant is more semantics as his retirement is a considerable loss for PCGS in the mint error arena, I imagine that his expertise will be very difficult to replace.

Fred Weinberg is retiring, he makes the third key employee to leave PCGS since the recent buyout. Mint Error News article

In every photo the strike doubling is at a lower relief than the main lettering/numerals, that is an almost infallible telltale of strike doubling. See the photo I have attached, it demonstrates the shearing effect that Mr. Lange described.

What you have looks as much like strike doubling as it does the RPM on VV, but if it is an RPM then I would agree that RPM-001 is the best match. However the VV photos are only of a late die state and yours looks to be more of a worn mid or late/early die state. That may account for why the photos do not align completely. As to price; as NGC (and I assume PCGS) only attributes the D over inverted D variety for this date/mm this coin would only appeal to a hard core Jefferson or variety collector. My assumption is that there are very few buyers for such a variety and it might/would take you some time to find a buyer for a slabbed example, and that the sale price would be low. If you are able to promote this so that the TPG's do recognize and add it to registry sets then you would have a much larger more motivated pool of buyers for this variety.

The top one is high AU or low MS and I suspect it may have been cleaned, the second one is impossible to tell much due to the glare. Seller photos like these are usually done to hide problems which leads me to think its a cleaned/damaged coin.

By checking the dates of the thread entries this is an old thread that a spam bot brought up, the op was a one and done long gone.

Welcome, in the future please start a new thread, it can get confusing when different coins/issues are discussed on one thread. I do not work for NGC but if you can please provide an example (the cert number of a coin you have with this issue) it will be much easier to provide you with any reasons why you see this.

Welcome to the forum, any doubling that I see is just simple strike doubling which is common and adds no value. That is a very nice condition coin to find in change, can you provide a good clear in focus close up of the dot by the T of Trust, it almost looks like some type of small counterstamp. My guess is that @Greenstang is correct and it is just some type of plating blister but it would be interesting to see it better. In case your are not aware in 1982 the mint started using zinc cores that have a very thin copper plating, prior to that the cent blanks were made from a copper/tin composition. The new plated coins have always had issues with ghosting around the letters and devices that many new collectors mistake for doubling, and air bubbles that form under the copper layer.

Fantastic addition to your collection, congrats!

If you think those prices are obscene take a look at the asking prices for the 2021 One-tenth Ounce Gold Two-Coin Set, I've seen a few listings for 1K. Thats what like over 4.5K per ounce of gold.

Nice top pop Gorgeous SLQ @Walkerfan

I feel you on the dups, I have 4 1909 Lincolns and 3 1909 VDB Lincolns in varying grades and colors. Something about that first date in the series that I really like.

Welcome to the forum, I'm sure that there are some members that might be interested in what you have. Please review the rules for the marketplace in the pinned post above, per the rules you need to post photos (good clear in focus cropped photos are the way to go) and prices. This is not an auction site where members bid on things so you need to state the price you are willing to sell at. Good luck with your sales.

There is no one size fits all number that can be used when determining coin values, both for buying and selling. A 20% haircut when selling a common date common condition coin may be the norm for today whereas a 20 % profit may be the norm in a year from now. Common Morgan dollars are a perfect example, a year ago you could buy all the slabbed MS65 common date Morgan dollars you wanted for around $80-$100 all day any day. The market for those today is closer to $200 each thanks to the rise in PM's and the hype over the mint release of the 2021 Morgan and Peace dollars. A year from now who knows maybe the norm will be $400 each or back to $100. And we have not even begun to touch all the possible variables like color, slab style/type, special label, etc... All you can do is research the current market and what values are at this moment in time, use that information to make the most informed decision you can when buying or selling.

It is a very nice coin with a very nice strike which the mid 70's Lincolns are not known for. However there are far too many small and medium size hits/scratches as well as some stains/spots which limit the grade to MS65 tops in my opinion. MS66RD graded coins sell for around $30-$40, which is just about break even for the costs to have one graded and MS65 slabbed and graded coins sell for $10 or less assuming you can find a buyer for one at that grade. You would need a grade of MS66+RD or higher to be able to make a profit upon selling. Now that you have some information on the pricing; and if you just want to see for yourself as a double check of what you think it grades then go ahead and submit it. I am quite certain that I am spot on with my grade guess, but I am judging a photo and not the coin in hand. You may get lucky and be able to break even, also a $30 loss may be a small price to pay as a check of your grade against what NGC will say. In the future I suggest that you use the NGC explorer tool, it can be found on the main page the first item under the resources tab. That tool will allow you to see the NGC price guide as well as some actual auction prices for graded NGC and PCGS coins. In there you can also see the population numbers for each grade that NGC has graded, a very useful tool.