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It would have been a $50 coin in MS-67 because it is so common in this grade. Fully 3% of mint set coins are MS-67. In MS-66 it would be a money loser and worth only about $10. It was sent in because I was hoping for a 68 PL or even a 69. It came back "MS-65". At this level it's really just a toxic little slug just like most of the pennies in circulation.
Let me guess...PCGS. I've been working with a friend for almost 3 years now to find min MS-67 Lincolns. The number of 66's they gave us are stunning. No doubt, some of the coins I reviewed in person were 68 worthy and came back 66. I've always said it but now it's confirmed once again.
PCGS INTENTIONALLY & ARTIFICIALLY HOLDS BACK THE NUMBER OF 67 UP COINS.