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1930 S Lincoln Wheat Cent, For Grading.

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Pillar of the Community
United States
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 Posted 12/26/2021  09:09 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

1930-S-Lincoln-Wheat-Cent,-For-Grading.
1930-S-Lincoln-Wheat-Cent,-For-Grading.

Here is a MS-66+ close to the same year that PCGS grade this past summer. I thought you might be able to compare the two
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 Posted 12/29/2021  2:16 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply


After looking at that coin numerous times and going back and forth on the PCGS website for ms-67 wheat coins, It has all the signs of a 67 coin assuming the color is what I think it is. The only reason it might not make it to 67 is because the PCGS gods find some bull crap reason. If it's not 67 then PCGS needs to take down some of their ms-67 photos because it sure confuses the crap out of a lot of people. Good luck, man I would love to see you get a 67. I have ms-66 nailed down pat. Since submitting my own coins I have chosen I am 13 out of 14 with ms-66 (the problem is I want 67) All coins before these were from my collection of 20 years and were older wheats. I have the right equipment now so I am watching closely to what you post and hopefully you will let us know about this one.
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KYCopperCoins's Avatar
United States
1361 Posts
 Posted 12/30/2021  9:20 pm  Show Profile   Bookmark this reply Add KYCopperCoins to your friends list Get a Link to this Reply
Personally I think it qualifies for at least a 66, but the way they are grading Lincolns lately a 65rd wouldn't surprise me
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BadThad's Avatar
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 Posted 12/30/2021  11:38 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
Personally I think it qualifies for at least a 66, but the way they are grading Lincolns lately a 65rd wouldn't surprise me


It's been that way for about 20 years. All my submissions have been through my local dealer. He has 3 partners, one is known for being a Lincoln expert. I've always had at least one guy examine my coins before they send them in, sometimes 2 of them. I've had coins we all agreed to be 67 come back as 66 and 66's coming back as 65. And worse yet "questionable color" - on coins we all agreed were market acceptable toning.

My dealer always has a box of "body baggers" from NGC and PCGS. It's quite an educational experience going through those. It's especially interesting when there are 2 pros in the room shaking their heads with me.

Thankfully, all of my submissions were flat $25 each. The TPG game is a business, they will take all your money if you willing hand it over. I did hit a few jackpots but, like the casino, I think I'm even or at a slight loss in the long run.
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Edited by BadThad
12/30/2021 11:43 pm
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silviosi's Avatar
Canada
6244 Posts
 Posted 12/31/2021  05:38 am  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
I hope to give an 66 but by experience they will go max 65. To see.
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 Posted 12/31/2021  07:29 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
I hope to give an 66 but by experience they will go max 65. To see.


My pictures come out like that often but the coin in hand is much more attractive. As an inexperienced grader (very,very,very inexperienced) if you get the idea and all I can rely on are technical merits right now and hope for the best. I call up past PCGS graded coins and look for how they are graded but photos do not show scuff marks and hairlines. I am slowly catching on to the TPG game.
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 Posted 12/31/2021  07:41 am  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply

Quote:
It's been that way for about 20 years. All my submissions have been through my local dealer. He has 3 partners, one is known for being a Lincoln expert. I've always had at least one guy examine my coins before they send them in, sometimes 2 of them. I've had coins we all agreed to be 67 come back as 66 and 66's coming back as 65. And worse yet "questionable color" - on coins we all agreed were market acceptable toning.

My dealer always has a box of "body baggers" from NGC and PCGS. It's quite an educational experience going through those. It's especially interesting when there are 2 pros in the room shaking their heads with me.

Thankfully, all of my submissions were flat $25 each. The TPG game is a business, they will take all your money if you willing hand it over. I did hit a few jackpots but, like the casino, I think I'm even or at a slight loss in the long run.
Lincoln Cent Lover!


BadThad is so right. If you have a very good coin, PCGS will slightly undergrade it hoping you resubmit, then bump up the grade, and collect the fee plus one percent of new value. Knowing full well the correct grade to begin with (in my opinion). With Lincolns from 1934 to the present PCGS will readily give you a ms-66 (little value) hoping you will continue to submit. Many members will take up arms to defend PCGS or NGC. Anyway, I am not experienced enough to truly know but a picture is beginning to form. This is a slower more painful way to gamble. Either way the house usually wins.
Edited by grospoisson
12/31/2021 07:43 am
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BadThad's Avatar
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 Posted 12/31/2021  12:48 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
will slightly undergrade it hoping you resubmit


I think it's more about intentionally keeping the populations of 67/68+ down. One of the reasons CAC was invented. I feel they also want to occasionally demonstrate how "tough" they are by putting coins into lower grade slabs.
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Pillar of the Community
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 Posted 12/31/2021  1:05 pm  Show Profile   Bookmark this reply Add grospoisson to your friends list Get a Link to this Reply



Quote:
I think it's more about intentionally keeping the populations of 67/68+ down.


BadThad you are the most knowledgeable person I have run across in my short pursuit of this hobby. In another five years you will still be in the top two(and the first one is dead). Reading your posts and our communication gives me the impression you still submit occasionally. I would assume most people on the forum that post pictures have coins that are way more lustrous than the picture allows. The reason I do it is because you guys can see marks and weaknesses and know the difference between clash marks, die lines and which years are likely to to have weaker strikes. No picture can capture the hairlines or actual toning (in my opinion). You have seen many many 67's in your life. In a twisted sort of way PCGS and NGC are price fixing by controlling which and how many coins get 67 and above. Individually we can either choose to play the game or not.
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KYCopperCoins's Avatar
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1361 Posts
 Posted 07/21/2022  7:11 pm  Show Profile   Bookmark this reply Add KYCopperCoins to your friends list Get a Link to this Reply
TVs aren't in yet, but this one went 64rd...like what the heck.
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Zurie's Avatar
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 Posted 07/21/2022  8:16 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
How is that possibly a 64?
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Kopper Ken's Avatar
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 Posted 07/21/2022  9:00 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
That's crazy..s/b MS-66RD...graders should be required to support their position with a verbal statement for the grade.

KK
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silviosi's Avatar
Canada
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 Posted 07/21/2022  10:14 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
PCGS and NGC do not give explanation of their grade and how they analyze. Each one ( TPG) has theirs own book of grading and we do not have access to. The only company who give me explanation it is ANACS. It is because I know some their or those who left? or because me I submit only varieties and in the request I state as clear I can the variety I look for. Even in this case if me I do not ask right variety, will come back with the mention it is not the requested variety.

Edited by silviosi
07/21/2022 10:15 pm
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IndianGoldEagle's Avatar
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36745 Posts
 Posted 07/24/2022  12:54 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nice looking MS-66RD.
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BadThad's Avatar
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19951 Posts
 Posted 07/24/2022  10:43 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
but this one went 64rd...like what the heck.


Whoa, what are we missing. Fields not represented in the pictures?
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