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1992 Lincoln...ummm...help

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Valued Member

United States
140 Posts
 Posted 12/18/2007  10:51 pm Show Profile   Bookmark this topic Add MountainXBGL to your friends list Get a Link to this Message Number of Subscribers
I got a box of lincolns from my local bank. Well, I've gone through about 5-6 rolls. Pretty decent, got a 53 and 58 wheatie and another 1998 Wide AM and a couple others that were very interesting but this coin really got my attention.

First off, the coin is an absolute beautiful bright red. It has a couple small bag marks on the reverse but the obverse is almost flawless and the entire coin shows hardly no wear. The strike is very solid throughout the coin. Just an absolute beautiful coin.

Ok, here is the kicker......Notice Lincoln on the reverse? Me either! He is there very faintly....very, very faintly and his chair is non-existant. This has to be a die variety because the strike for the entire coin is very solid.

Anyone have any insight or wisdom to depart? Also, do you agree with my assessment of the coin? This coin is gorgeous and I am nothing more than a novice but I would have to give this coin a high MS but then again.....I am a novice!

PS-Its in a cardboard flip so the edging you see is the film
1992-Lincoln...ummm...help
1992-Lincoln...ummm...help
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coppercoins's Avatar
United States
7629 Posts
 Posted 12/19/2007  07:54 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
A few things just to straighten your thoughts...

If the coin is red throughout, which yours is, there wouldn't be any wear. Cents turn away from red to brown before they really wear much.

Second thing - the entire coin is struck at once, so the strike for the entire coin is really a moot point. The coin's strike is solid...done. And yes, your coin is very solidly struck.

Third thng, and to the point of your post here - the dies (both obverse and reverse) were heavily polished at one point before your coin was struck. This tends to remove details from the field up, and since the statue on the reverse is of very low relief, it would be one of the first things to go. Given that, and given the fact that dies are polished commonly, one can deduce that these 'weak statue' coins are very common.

Next, as to grade. Your coin has some small carbon flecks on the obverse and apears to have corrosion on the T of UNITED on the reverse. It has a line going through the nose on Lincoln, and a pretty heavy hit in the upper shoulder. The luster is about average to better than average, so this is a plus. My opinion, if you were to send the coin in for professional grading, is that it would come back as MS64RD at PCGS or MS65RD from NGC. This means the coin is worth a quarter or so before slabbing...so the slab would cost a lot more than the value of the coin.

Everything I typed above is for your education and for your good. I am not picking on you, just trying to educate you...just so you know.
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amac44's Avatar
United States
3242 Posts
 Posted 12/19/2007  09:23 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
It a nice 92 that mark on the shoulder looks like Lincoln has private stripe
Valued Member
United States
140 Posts
 Posted 12/19/2007  10:34 am  Show Profile   Bookmark this reply Add MountainXBGL to your friends list Get a Link to this Reply
Thank you coppercoins....I appreciate the insight. I wasn't expecting a "cash cow" and your insight to the reasons of the low relief are fantastic. I know very little about the mint process. As I had a couple coins piled on my desk to search through, this coin just jumped out. You always see a shiny penny but the tone of this penny is incredible. And for a grade, I couldn't tell you the difference between a MS63 and a MS64....Right now I'm just trying to learn the difference between an AU and a MS.

Well, I have found a die chip memorial mouse and a PVT Lincoln the last couple days! I am still looking for my first DD though.
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Metalman's Avatar
United States
7123 Posts
 Posted 12/19/2007  11:34 am  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I agree with chuck and would just like to add a little ,,the areas on the coin that set within the relief are actually the high spots on the die ,, one of the reasons that polishing or lapping of the die affect the lower areas of the coin first .

Metalman
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