PCGS grades are back

[Roller]

I don't have the slabs yet but got this message from them today. I am thrilled with the '71 grade as Ed said I would be with a low MS grade. This one is not so low, so I am thrilled. I can live with the other grades but expected more, especially on the '09 S/S. All in all, well worth the submission. Special thanks to Ed for his suggestions on this and his predictions that turned out pretty close. I would link my pre-submission thread for pictures but not sure how to do that. Jim might help out with that. It is in this category of headings and I think early November.

[makecents]

Sweet!! Congrats on all but especially the 71, that's fantastic!! Ed's a pretty sharp character.

[joel]

Super cool results on your Lincolns!! All are very impressive varieties that will certainly enhance your collection!! Congrats and thanks for sharing!! Larry

[GrumpyEd]

Awesome on the 71! That made the submission go from so/so to a homerun, I'm glad you sent it even not being sure how it would grade.

It's $375 in the PCGS price guide.
52 in that grade, 1 in 64+, 37 in 65, 2 in 65+, 8 in 66, 3 in 66+.

So that puts in the highest 103 graded, only 51 graded better.

Being a registry set coin and RD, that's a very special coin

Here's a link to your thread with pics of them:

http://www.lincolncentforum.com/forum/showthread.php?46310-Four-coins-going-to-PCGS-for-grading

Here's a link to the pop report/prices:

https://www.pcgs.com/coinfacts/coin/1971-1c-doubled-die-obverse-rd/92941

[GrumpyEd]

Just adding, this also shows how tough it is to predict grades. I expected 63RB might be as high as the 71 could go and even was not 100% sure they would not have an issue with the color.
Some very full red looking coins come back RB then this coin I thought had enough toned spots to end up RB got RD. (unless your lighting was hard on it?) With coin grading I've had a lot of them come below what I expected and also a few that surpassed my expectations.

[Roller]

Thanks all for your comments. Ed: do you think selling on the bay is advisable for this one? I have one more that I think is even higher grade but it has a scratch on the cheek. I did not send that one for fear it would come back details. I'll make a new post with pictures of that coin shortly for opinions.

[GrumpyEd]

Thanks all for your comments. Ed: do you think selling on the bay is advisable for this one? I have one more that I think is even higher grade but it has a scratch on the cheek. I did not send that one for fear it would come back details. I'll make a new post with pictures of that coin shortly for opinions.

I would certainly try to get the other slabbed, a cheek hit if not bad might not be a huge issue.
Maybe sell the lower grade and keep the better one if you like having the example plus get some money out of your duplicates.

Not sure the best way to sell, maybe try ebay but not a low starting auction, see if it gets an offer you like or try it with Great Collections (with a minimum because some stuff there goes too cheap) or Heritage but you might need to go through a big dealer to get it in Heritage (that probably gets the most out of it).

Keep in perspective the low pop and it is in the registry set with a pretty high point rating. For example, a 69 DDO is 10 points plus a point if red, the 71 is 4 points plus a point if red. So for the sets, your example is really desirable and might get a good price to the right buyer but there are only a few of the right buyer out there. I'm not sure but in the registry set they might need to re-holder it with the FS number but registry set people would not mind that, they know it's already graded so it's a no risk thing to get the FS number. Someone here might know if that is required, I think it is. From what I've seen, if you sell it in a big auction the registry set coins can go above the guide prices, you just need a few bidders that want the points added to their set.

https://www.pcgs.com/setregistry/lincoln-cents-specialty-sets/lincoln-cents-specialty-sets/lincoln-cents-complete-variety-set-circulation-strikes-1909-present/composition/1935

[jfines69]

Excellent job on the grades... Thanks for the link Ed!!!

[GrumpyEd]

People might miss that it's pretty easy to make a low pop or top pop coin in the FS cents in PCGS slabs if it's a lesser known variety like any hardly known variety with an FS number because few variety collectors send them in. It's a completely different thing with well known ones in the registry sets.

When selling, a hardly known FS coin in their slab has a very limited market, think of us the variety collectors and how willing/unwilling we are to pay up for a top pop or low pop obscure variety. The ones like this in the registry set and in the original CPG printed versions are different, they have a lot more interest and justified or not they have a bigger market and demand. More big spenders try making the registry sets and there are not many coins like this to go around, the pops I posted above so only 52 in that grade and 51 better and most of them are already in a collection or a registry set so in there might only be a few up for grabs as good as that at any price at any time.

If you read about prices, some varieties get taken out of the sets (this one never will be taken out) but the ones taken out can drop 90% overnight so that means it matters a lot. I consider this when keeping or selling a coin. If I had an obscure coin and got a good offer I'd take the money and run but one like this that is in the set and so big it will stay is different, less risk, will probably always have a good value.

[Petespockets55]

Congrats on great results George.
That '71DDO is a home run.

[duck620]

Congrats on your grades George.That 1971 was a grand slam,but also those older coins graded pretty good.....................CONGRATS!!!!!!