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1970 S Small Date Lincoln Cent

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 Posted 06/03/2023  9:23 pm  Show Profile   Check Dearborn's eBay Listings Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
Dearborn, I don't have a clue. I would love if you let me know, teach me. I'll give you a week to come back to me, if I have not heard from you by then, I will find out and let you know.


Oh boy, the pressure! Time to put on my study goggles
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 Posted 06/03/2023  9:33 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good find, congrats!
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 Posted 06/03/2023  9:44 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Well according to PCGS, They have graded a total of 3019 business strike 1970S small date cents (all grades combined). By contrast they have also graded 1416 of the proof versions (all grades combined). Now that doesn't account for re-submissions, ungraded, nor what other TPG's may have graded but it may give a general consensus that the proof version is twice as scarce as the business strike. I know that I still need a proof version myself!
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 Posted 06/03/2023  10:19 pm  Show Profile   Check Dearborn's eBay Listings Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
hey Jon, here's the poop on these small date cents:

Quote:
Collecting The 1970-S Small Date
While there are no known records offering the numismatic community hard numbers on the exact number of 1970-S Small Date Lincoln Cents for either the business-strike or proof format, estimates point to their representing approximately 10% to 15% of the total issue mintage, if not less. With a total mintage of 690,560,004 for the 1970-S business strikes and 2,632,810 for the 1970-S proofs.

This suggests that perhaps 60 million to 70 million business-strike examples of the 1970-S Small Date may have been released while approximately 250,000 to 300,000 of the 1970-S Proofs are of the small date variety. Of course, not all these coins have survived decades of circulation and other common forms of numismatic attrition, leaving still significant but decidedly smaller quantities for collectors today.

The two major varieties of the 1970-S Lincoln Cent are distinct enough that both the large date and small date pieces are collected by most of the dedicated Lincoln series enthusiasts. The 1970-S Small Date is also included in virtually all PCGS Registry Sets involving series runs of the Lincoln Memorial cent. Thus, collectors have many options for incorporating this variety into their holdings.


Source, you ask or are wondering? Well I got it from here:
The Scarce 1970-S Small Date Lincoln Cent Variety
Edited by Dearborn
06/03/2023 10:21 pm
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 Posted 06/03/2023  11:10 pm  Show Profile   Bookmark this reply Add lawest to your friends list Get a Link to this Reply

Very Nice!
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 Posted 06/03/2023  11:57 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Nice find Makecents, hopefully you will strike it rich with your continued I'm rooting for you.

As it also states:
the 1970-S Small Date is a much more valuable coin then the large date, with PCGS MS65RD specimens setting collectors back by $80 and PCGS PR65CAM examples trading for $75.

Many of the more competitive PCGS Set Registry members will set their sights on the top pop specimens. A PCGS MS66RD generally takes $160 and pieces grading PCGS MS67RD trend for $600. Meanwhile, the PCGS PR67DCAM trades for $250 and a PCGS PR68DCAM takes $450. The all-time record price for the 1970-S Small Date in uncirculated condition went to a PCGS MS67RD commanding $2,464 in a 2008 online auction, while the most valuable proof specimen was a PCGS PR69DCAM that fetched $18,400 in a 2005 sale.
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 Posted 06/04/2023  06:28 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Thats a winner - nice find.
Take a look at my other hobby ... http://www.jk-dk.art
Too many hobbies .... too much work .... not enough time.
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 Posted 06/04/2023  07:58 am  Show Profile   Bookmark this reply Add DMN to your friends list Get a Link to this Reply
Nice find!!!
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 Posted 06/04/2023  08:24 am  Show Profile   Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply
Thank you for all the info, MisterT, Dearborn and datadragon! I had never looked it up before, so did not have a clue.

datadragon, what I do, is a labor of love, I just enjoy the hunt. I'm so upside down, dollar wise, I will never be ahead and don't care. I mostly search bank rolls and have found some $50-$75 varieties and errors but for the most part, the shipping would cost more than my varieties are worth.
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 Posted 06/04/2023  08:25 am  Show Profile   Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply
Thanks, Coinfrog, lawest, nickelsearcher and DMN!
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 Posted 06/04/2023  6:15 pm  Show Profile   Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
datadragon, what I do, is a labor of love, I just enjoy the hunt. I'm so upside down, dollar wise, I will never be ahead and don't care. I mostly search bank rolls and have found some $50-$75 varieties and errors but for the most part, the shipping would cost more than my varieties are worth.


Excellent, The part I'm not understanding is the last sentence about the shipping costs being more than the value of the varieties. Many errors and varieties that can be identified can be sold without grading if so desired to do so rather than just for a personal collection, and you pass along the cost of shipping to the customer. (unless its value warrants that after grading it is even more valuable or is needed for authentication like a rare 1943 copper cent) Maybe you are just not a 'seller' yet and more of a searcher only?

I think you will do better than you think on the searching as well since most is just the continued time spent looking with chance of coming across the right coin... and many don't take action to even look!... but the part most are missing is that you have to know which specific old coins are rare, what varieties exist or to look for, and perhaps getting to know the other general errors and how condition can affect values on 'normal' coins. Thats why I tell beginners for example to start with something like strike it rich book since it has a good amount to look for, and then over time just add to their knowledge with websites, forums etc. You clearly know some of the obscure stuff also like Cuds as well.
Edited by datadragon
06/04/2023 6:17 pm
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 Posted 06/04/2023  9:14 pm  Show Profile   Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply
Data, I have been very fortunate to have had several top notch mentors over the last several years. A former attributor for cc, a Lincoln cent die and design expert that does work for The Lincoln Cent Forum, Error Ref, Mad Die Clashes and COC, the owner of LCR, two attributors, who now run Wexler and so many others that may not work for any of the coin specialty companies but have done it for so long, they know as much as the professional. There is not a moment I'm not learning, as long as I'm paying attention.

All that being said, in the last paragraph, I got pulled into this with dollar signs in my eyes, several years ago but over time, have changed gears and just enjoy hunting and finding. If I find something that is easy to turn a decent dollar on, I will, short of that, I give them away or they just get catalogued. I'm getting ready to dump hundreds of varieties and errors in some way. Not selling, just getting rid of them and would like some ideas as to how I should do this. If you or others can help with this, that would be good. :-)
-makecents-
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 Posted 06/04/2023  9:33 pm  Show Profile   Bookmark this reply Add CoinHI to your friends list Get a Link to this Reply
nice example, congrats on the find!
"Pride is yoked with callous behavior, as humility is with compassion." St. Gregory Palamas

Top Finds - 1976 D WQ DDO-001 http://goccf.com/t/382777 - 1968 D 1c DDR-001 http://goccf.com/t/422254
Cool clashed dies - 1972 D 1c http://goccf.com/t/429855&SearchTerms=CCL
Struck-In Rim Burr - 1969 S 1c http://goccf.com/t/425587&SearchTerms=burr
Floating (Type II) Counterclash - 1978 D 1c http://goccf.com/t/434991&SearchTerms=1978


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 Posted 06/05/2023  07:22 am  Show Profile   Bookmark this reply Add -makecents- to your friends list Get a Link to this Reply
Thanks, CoinHI !
-makecents-
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 Posted 06/05/2023  10:40 am  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
Sorry, it's a lar. . . oh hey, someone actually found and posted a small date 70-S! Congrats, it's an exciting find and in nice shape as well.
Edited by KenKat
06/05/2023 10:40 am
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