*** Edited by Staff to Add Year / Mintmark / Denomination to Title. Titles are Important! ***
Coinvirgin is confused as to just which 1970 S LMC is the valuable/ rare ? On page 153 of CPG 6th edition Vol 1 it shows the 1970s large date variety as having a high premium. On page 156 it has 1970s small date variety a MS-65RB valued at $28 ?
As well asStrike it Rich with Pocket Change 4 th edition on page 56 it has 1970s large date and shows a approx. value for EF at $3,500. On page 57 1970s - small date ( level 7) Extra fine-$15 On the bottom of the page it goes on to say the "small date" is the " valueable" variety,
In the "Strike it rich with pocket change" 4th edition, PG56 is showing a rare 1970-S DDO, thus the very high premium. PG57 is showing a normal 1970-S small date, which is rarer than a non-DDO 1970-S Large date, thus the small premium. One's a super-rare error worth thousands, the other is a less-common variety worth $20 bucks or so.
Roy has it right. I think you are confusing the 1970S LD business strike with a 1970S LD DDO business strike. The DDO is rare calling for a high premium.
The 1970S SD business strike is a variety coin (Obverse design intended to be used with the Proof coins only). Low numbers (business strikes) were inadvertently(?) coined with the proof obverse design. As such, it commands a small, but decent, premium. In my estimation, $28 for an MS65 coin is low.
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