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 Replies: 14 / Views: 3,061 |
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Pillar of the Community
United States
4870 Posts |
I have always had a fascination with the 1990 no S proof Lincoln. I remember the coin shop I went to as a kid had a few of those proof sets for just a few dollars. I am guessing they never noticed the error. Man I wish I would have bought them all up! Now look at the coin!  http://www.ebay.com/itm/1990-S-Linc...em565cb055d1Edited by TheForce
10/20/2013 7:51 pm
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Moderator
 United States
15493 Posts |
Wow ... it will take a serious collector to purchase that PR67 example at that price.  David |
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Rest in Peace
United States
7075 Posts |
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Valued Member
United States
315 Posts |
Well, on the bright side, even if you bought a hundred, the odds of getting one are probably at least 1 in 100k, plus that particular example is pr70.
Edited by Superhal
10/20/2013 8:01 pm
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Pillar of the Community
 United States
4870 Posts |
I think if I ever hit the big lottery, this will definitely be on my list! lol
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Rest in Peace
1988 Posts |
Hey
I have 1990 cents, but why is this a no "S"..don't understand..?
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Pillar of the Community
United States
4870 Posts |
In 1990, a small amount of proof sets omitted the "S" mint mark on some of the Lincoln Cents. Modern proof coins always have the "S" mint mark. So this one not having it is quite rare.
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Rest in Peace
1988 Posts |
so, there are no .."""no s"""..coins in circulation..correct..?
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Valued Member
United States
273 Posts |
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Moderator
United States
23522 Posts |
Quote:
so, there are no .."""no s"""..coins in circulation..correct..?
Depends on how you look at it. The Philadelphia Mint produced some 6.8 Billion of them for circulation, by definition with no mint mark, so I'd guess a few of those are still in circulation. It's unlikely that any of the Proof strikes, all of which are supposed to have the S mint mark, reached circulation (which would have been an accident anyway) since the error was discovered so early. They became immediately popular and therefore subject to great scrutiny. For all their rarity, these aren't unavailable on the market. That happens a lot with some rare issues - they become a commodity, an investor interest, and get churned. So there's ample record of sales to indicate that the asking price for this example is $1000 high, especially considering there are examples all the way to PR69DCAM. Now those are a bit pricey.  |
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Valued Member
United States
315 Posts |
Before 1975 or so, San Francisco did produce business strikes. After that, they exclusively did proof sets. All proof coins are supposed to have the S mint mark. This is a rare and valuable error.
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Rest in Peace
1988 Posts |
Ok timras14...you answered my question..NONE of them exist in circulation...thanks.
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Valued Member
United States
315 Posts |
There are plenty of proofs in circulation.
ALL proofs of that year are S mint mark.
NO business strikes of that year are S mint mark.
SOME proofs of any year are put into circulation.
ALL coins without the S are business strikes.
FEW proof coins are missing the mint mark.
Edited by Superhal
10/21/2013 07:18 am
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Valued Member
United States
406 Posts |
I had a customer who wanted a nice 1990 No S Lincoln in PR69 Red PCGS. A PR68 Red wouldn't do. I searched all my contacts for a couple of years before I finally found him an example. It sold for well into the five figures. These things are as scarce as hen's teeth!
Best Regards,
George
Edited by giorgio11
10/21/2013 07:37 am
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Bedrock of the Community
United States
17884 Posts |
They made less than 3,900 of them and they were discovered before they had all left the mint so many of them were recovered and destroyed before they were ever issued.
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Replies: 14 / Views: 3,061 |
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Posted 10/20/2013 7:57 pm
