New Find

[Guest]

New find 2010 D Lincoln Cent only 2 at this level at PCGS!!

[Maineman750]

Well..I'm surprised with those gashes on his forehead...or is that damage to the holder ?

[georoxx]

Well..I'm surprised with those gashes on his forehead...or is that damage to the holder ?

My thought exactly. Must be on the holder.

-George

[ERRORCENTS]

That appears to me to be on his forehead……because i had found 2010-d in rolls and had gashes in forehead just like that…..could be wrong though, hope i am…..in this case.

Patrick

[coppercoins]

That coin has to have dripping flashy luster for the graders to give that many marks a 67 grade. I see coins like that come out of rolls regularly. Sorry if I hurt feelings here, but "buy the coin" is in full effect here, because this label is questionable.

[1jackel1]

This is exactly why i do not get coins graded, everything is subjective and by keeping them raw, the buyer can determine the grade and what they are willing to pay for the coin. You can look at all coins graded and say this is not a correct grade for the coin, low or high, to much cost in getting coins graded in the first place and then trying to sell them and 90% of the time brake even or loose and if the coin is a rare and hard to locate, then price will be much higher. in my opinion all coins are subjective and are not worth it unless it is a rare and hard to locate coin.

George

[Amadauss]

You really want to believe this grade and what the coin shows is not the case and it stands out above the rest. But just like the Good Housekeeping seal and JD Powers and Associates which are now both owned by big conglomerates; if you are a very large company and willing to pay more then the average or do more business, with the end result more money coming in to the company that gives the rating, you will probably get a better grade then the average person sending in 1 to 300 coins a year. These companies are in business to make money. I would love to be wrong here but their is too much evidence when examining graded coins out there today which seem to raise question. Just my opinion.

[hasfam]

Sorry, I'm not getting the gist of this thread. what's new? An MS 67 graded cent? Seriously, what am I missing?

[WaterSport]

If you look at the grading trends, specifically PCGS, they "create" a market by having a very tight grade on all moderns thus driving prices up for "got to have" registry players - and dealers. They will argue that "mint Standards" are to blame, but the definition as to "why" only 3 2010 cents are graded higher than MS 66 they have failed to tell collectors as if we "KNEW" what they are looking for or the coin was missing we would focus on that in our search for a submission and stop tinkling money away sending in coins that they will never grade higher than MS 66.

So in this case, OP is proud and rightfully so of having a rare graded PCGS 2010 D cent. Others have posted that either the coin did not deserve the grade and some feel its all a waste so just stick with raw coins.

Guess there are two sides to even slabbed coins...

WS

[admrose]

67, for THAT? Are you kidding me? I could see that gash from orbit. Definite miss for PCGS on this one; I'd send it back for reconsideration with a detailed letter ASAP.

[liveandievarieties]

Everyone can sit around and knock the coin, but it'll take you thousands of dollars to get one of your own- either in grading fees or by purchasing one outright.

That is as WaterSport pointed out, until next year or so. Then they'll open the flood gates as they have for every modern year previous.

[coppy]

I've read this thread ten times over... and still can't understand what this is all about.

Is this coin a variety/error?

Is it the MS67 grade? Are they saying there are no MS67-or-higher-graded 2010D BU coins out there?
Aren't all brand-new BU coins fresh out from new rolls usually in the MS63-70 range anyway?

What am I missing here?

[jallengomez]

Coppy-

This coin is about the grade in the PCGS holder. While most coins fresh from mint rolls are in the 63+ range, they start getting rarer and rarer above 65. There's a big difference between a 63 red and a 67 red. This is more the case with some years and mints than others. As it stands right now, 2010-D Lincoln Cents are scarce in grades of 67 and none have been graded by PCGS higher than that. PCGS book value on this coin is $2650. Pull out a roll or go pick up a roll of modern Lincolns and pay really close attention to the look; the luster, and the amount of contact marks. See how many of them you can find that are virtually without major contact marks and then you'll begin to see.

[Antiquity]

I'd send it back for reconsideration with a detailed letter ASAP.

Why would you send back a coin you own asking for a lower grade?

[WaterSport]

Two points, First its the hits in the fields that are detrimental to a grade. Second, if you are grading by photographs, you will down grade just about every coin. And also remember, a PCGS grader looks at a coin 3 SECONDS.

WS