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1981 S Lincoln Type II

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ludwigdrew1956's Avatar
United States
7 Posts
 Posted 04/11/2014  3:32 pm Show Profile   Bookmark this topic Add ludwigdrew1956 to your friends list Get a Link to this Message Number of Subscribers
Hello all,
Was at my neighborhood coin shop looking for a 1909S, 1912S, and 1914D Lincoln when after purchasing some air-tights the guy tossed this into the bunch and said here. Well I think it's rather nice. Any idea of a price for this type II coin. The 'S' is open compared to the type I which is closed up.He had it graded Proof 62 and the toning is outstanding. Thanks for your help.

1981-S-Lincoln-Type-II

1981-S-Lincoln-Type-II

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coop's Avatar
United States
62064 Posts
 Posted 04/11/2014  5:19 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Here is the difference in mint mark punches:
1981-S-Lincoln-Type-II
So far the 19681-S PR-62 is showing no price in that grade. The grades above that show PR-63 at $26.
http://www.bestcoin.com/lincoln-cents-2.htm

Edited by coop
04/11/2014 5:42 pm
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rupester's Avatar
United States
1300 Posts
 Posted 04/11/2014  5:22 pm  Show Profile   Bookmark this reply Add rupester to your friends list Get a Link to this Reply
Coop, did the circulation strike coins carry the different mintmarks as well? Or is a circulation strike coin with a type 2 mintmark rare?
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ludwigdrew1956's Avatar
United States
7 Posts
 Posted 04/11/2014  5:38 pm  Show Profile   Bookmark this reply Add ludwigdrew1956 to your friends list Get a Link to this Reply
So this is a type II 'S' with the narrow punched 'S' compared to the type I where the 'S' would have a thicker punch, correct.
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/11/2014  5:45 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
did the circulation strike coins carry the different mintmarks as well?

There were no S-mint business strikes for 1979 and 1981 so it does not apply.

As for the OP's coin, the image is too small to make a determination of mintmark type. The difference for the 1979s is quite obvious but it is much more subtle for the 1981s. It is also worth noting that the 1979-S T2 mintmark is the same as the 1981-S T1 mintmark.
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jamesd's Avatar
United States
281 Posts
 Posted 04/11/2014  7:21 pm  Show Profile   Bookmark this reply Add jamesd to your friends list Get a Link to this Reply
Coop, had no idea prices could be like that. Out of the cents I got from my mom, the ones we put.in five gallon jars years back, a lot of them I put back into circulation after searching are MS-63 or higher. None of them are newer then 1984, that is when we stopped saving them.
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ludwigdrew1956's Avatar
United States
7 Posts
 Posted 04/11/2014  9:17 pm  Show Profile   Bookmark this reply Add ludwigdrew1956 to your friends list Get a Link to this Reply
You guys are confusing me. Is there such a coin ? Is it real or not ? biokemis6 says there was no mint mark during that time. Please explain. Did my coin dealer give me a fake coin ?
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Rollsearcher37's Avatar
United States
1295 Posts
 Posted 04/11/2014  9:34 pm  Show Profile   Bookmark this reply Add Rollsearcher37 to your friends list Get a Link to this Reply
I think I can explain.

Yes, there is such a coin, but it is a proof, which is a special type of strike not intended for circulation. Biokemist6 was talking about business strikes, which are the coins intended for circulation. The San Francisco mint stopped minting business strikes in 1974, and started making proof-only issues instead, which they still do.

I don't think anyone was implying that they thought your coin was a fake.

EDIT: Missing word.
Edited by Rollsearcher37
04/11/2014 10:41 pm
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ludwigdrew1956's Avatar
United States
7 Posts
 Posted 04/12/2014  09:18 am  Show Profile   Bookmark this reply Add ludwigdrew1956 to your friends list Get a Link to this Reply
Thanks for all the information. Just not sure what to do with the coin. Hold it ,sell it with reserve. I just think it is unique with the toning also.
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