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A 1926 Lincoln Cent Increases In Value

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Paul Bulgerin's Avatar
United States
3098 Posts
 Posted 10/08/2014  6:15 pm Show Profile   Bookmark this topic Add Paul Bulgerin to your friends list Get a Link to this Message Number of Subscribers
In August I bought a nice lot of nine BU Lincoln Cents on ebay for $100.00, or about $11.00 per coin.

The nicest one was this 1926 which I put up on ebay as a GEM BU and sold for about $50. I thought that was a good price for the coin.

The buyer said he was going to send it to NGC and he emailed me yesterday to say it came back "MS-66 Red".

I was quite surprised at that due to the mark below the TR in TRUST and a couple of marks on the reverse. I would not have thought to send it in for grading since I didn't think there was any way it was MS-66.

What do folks think of this coin?

"MS-66 Red" is a $300+ coin.

A-1926-Lincoln-Cent-Increases-In-Value

A-1926-Lincoln-Cent-Increases-In-Value
Paul Bulgerin
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scurry64's Avatar
United States
900 Posts
 Posted 10/08/2014  8:20 pm  Show Profile   Bookmark this reply Add scurry64 to your friends list Get a Link to this Reply
That's a beauty. I dont see much wrong with it. I think it deserves MS 66.

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BadThad's Avatar
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 Posted 10/09/2014  3:09 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Yep, it's a 66. The strike is excellent, the fields nice and so is the luster. A couple little ticks or spots generally won't keep a coin from 66 if the luster is strong. Keep in mind, the TPGs primarily grade on luster - if it's a bright and shiny coin, the grade goes up.
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 10/09/2014  6:35 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Oh yeah.. it's a MS-66RD for sure..

I would have paid $50 in a heart beat for that coin.
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Paul Bulgerin's Avatar
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 Posted 10/09/2014  10:22 pm  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
Thanks for all the responses. I'll have to consider sending in future real nice red BU Wheaties for grading, now that I know more about the luster vs. marks grading standards.
Paul Bulgerin
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 Posted 10/10/2014  11:50 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Looks like you made a good deal there.
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mp811's Avatar
United States
12 Posts
 Posted 10/11/2014  11:49 am  Show Profile   Bookmark this reply Add mp811 to your friends list Get a Link to this Reply
I'm not much of a wheatie fan right now, but wow that's a nice looking example right there.
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