1979 P Penny Possible MS-67+ Why Has It Sold At Auction For $3000

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Author	Replies: 8 / Views: 1,220
95tterbo New Member United States 43 Posts	Posted 02/01/2019 12:15 pm I have recently been looking at PCGS coin prices for the Lincoln Memorial cents. I am curious as to why the 1979 Philadelphia minted penny in high and Ms state is selling for around $3000?¿¿? Also on the subject of the 1979 Philadelphia minted penny I was given one in extremely excellent uncirculated condition that is never seen any fingerprints and all of its life as it's still in package. If needed I am able to post pictures of my coin as well please any information regarding this Penny would be extremely helpful thank you very much Report this Post to the Staff

Chase007 Pillar of the Community United States 7554 Posts	Posted 02/01/2019 12:32 pm Not sure unless you can provide a link for everyone to check, was it a variety? Here is an example of a TPG graded MS67 sold recently https://www.greatcollections.com/Co...CGS-MS-67-RD Report this Post to the Staff
95tterbo New Member United States 43 Posts	Posted 02/01/2019 12:39 pm I apologize I had to review what I was looking at and it is the quality of an MS 68 I found the information on the PCGS price guide app and was curious as to worry I will follow this posting with a picture of my findings Report this Post to the Staff
95tterbo New Member United States 43 Posts	Posted 02/01/2019 12:40 pm Report this Post to the Staff
llewellin Pillar of the Community United States 1005 Posts	Posted 02/01/2019 12:59 pm The big dogs in the hobby are continuing to push up the prices of the best of the best of coins for each date. I was reading that there are several billionaire collectors that are competing to repeat the feat of Eliasberg, and they don't settle for less than top of pop coins Report this Post to the Staff
95tterbo New Member United States 43 Posts	Posted 02/01/2019 1:42 pm ahhhhh that makes a lot more sense now thanks for the info. Report this Post to the Staff
95tterbo New Member United States 43 Posts	Posted 02/01/2019 1:46 pm no ill have tp post my 79 p penny on the grading section of form and see what the members say about mine as it has ben seeled and left in a safty deposit box since it was bought in 79 by my uncle Report this Post to the Staff
BadThad Bedrock of the Community United States 20002 Posts	Posted 02/01/2019 5:43 pm Quote: I am curious as to why the 1979 Philadelphia minted penny in high and Ms state is selling for around $3000? Because coins in that state are rare, it's called a "conditional rarity". Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 02/02/2019 12:54 am Quote: I was reading that there are several billionaire collectors that are competing to repeat the feat of Eliasberg, and they don't settle for less than top of pop coins There's one (Hansen) going for that actual set as far as I know but there are a number of them that are VERY passionate collectors for what they go after. The market has been rewarding quality for several years now, there are a lot of collectors out there that want the best and are willing to pay up for it. Report this Post to the Staff
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