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First Of Ten 1969 S Lincolns From Auction

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d_dob's Avatar
United States
193 Posts
 Posted 05/27/2015  11:41 pm Show Profile   Bookmark this topic Add d_dob to your friends list Get a Link to this Message Number of Subscribers
Here is one of the ten 1969 S Lincolns that I got for a steal the other day.

You can see the staple damage on the obverse from another coin in a holder, but, still, a pretty nice coin.



First-Of-Ten-1969-S-Lincolns-From-Auction

First-Of-Ten-1969-S-Lincolns-From-Auction

First-Of-Ten-1969-S-Lincolns-From-Auction
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koinpro's Avatar
United States
1781 Posts
 Posted 05/28/2015  12:13 am  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
What's a steal? This is a common date. It's not the doubled die if that is what you think. It has a value of around 20c in BU.
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cwb's Avatar
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3463 Posts
 Posted 05/28/2015  12:19 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
I think I see some Machine Doubling on the date. That is very common for that year. They don't normally have any added collector value and are very common, but I have seen them sell on ebay for close to $20.00
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koinpro's Avatar
United States
1781 Posts
 Posted 05/28/2015  12:46 am  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
Yep, by rip-off artists taking advantage of the uneducated. Part of the reason 1969-S cents rolls skyrocketed in price since about 2007 is because these scammers are after the rolls for the crap they sell on ebay.
Edited by koinpro
05/28/2015 12:47 am
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pyrbob's Avatar
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1943 Posts
 Posted 05/28/2015  05:14 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
This is why using ebay to value coins can be misleading.
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T-BOP's Avatar
United States
18456 Posts
 Posted 05/28/2015  07:31 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
I'm curious , what did the E-BAY listing say ? Is that an RPM on that cent
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cwb's Avatar
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3463 Posts
 Posted 05/28/2015  09:55 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
I don't think there are any RPM's for that year. Some of the mint marks are just sloppy.

This is the worst one I have seen sell on ebay: http://www.ebay.com/itm/1969-S-1C-D...047675.l2557

It shows that it sold for $1000.00 I hope the guy can get his money back and learns something from this.
Edited by cwb
05/28/2015 09:59 am
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SsuperDdave's Avatar
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 Posted 05/28/2015  10:06 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
It shows that it sold for $1000.00 I hope the guy can get his money back and learns something from this.


I suspect in this case the seller and the buyer are one and the same - the buyer has no Feedback either.

So why exactly is the coin here worth more than one cent? What am I missing? There's a little bit of a die chip in the mint mark, but that's the only thing I can see that is anomalous.
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cwb's Avatar
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 Posted 05/28/2015  10:10 am  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
I don't see any reason to believe that it is worth more than one cent.
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coop's Avatar
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62064 Posts
 Posted 05/28/2015  12:06 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
Coppercoins list 8 different RPM for that date and mint. But the marking inside the upper loop is punch damage in that area.
First-Of-Ten-1969-S-Lincolns-From-Auction
First-Of-Ten-1969-S-Lincolns-From-Auction
First-Of-Ten-1969-S-Lincolns-From-Auction
Edited by coop
05/28/2015 12:10 pm
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cwb's Avatar
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 Posted 05/28/2015  12:15 pm  Show Profile   Bookmark this reply Add cwb to your friends list Get a Link to this Reply
Well I guess I learned something today!
Seems to happen a lot....
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steve123's Avatar
Canada
805 Posts
 Posted 05/28/2015  12:19 pm  Show Profile   Bookmark this reply Add steve123 to your friends list Get a Link to this Reply
I recently went through a BU roll of these. I found five or six with heavy MD on the date and some mintmarks. Wow, $20 each! I wouldn't have the nerve to list them.... Maybe just an auction for 99 cents for those who have the interest in collecting these and know it is only MD.

I didn't find any RPM's. Is it just me or do others have difficulty looking for "S" RPM's? The "D"'s are fairly easy to spot.
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Classic Coins's Avatar
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 Posted 05/28/2015  12:28 pm  Show Profile   Bookmark this reply Add Classic Coins to your friends list Get a Link to this Reply
Nice photos, Coop!
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coop's Avatar
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62064 Posts
 Posted 05/28/2015  12:34 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
All three examples I posted are to the west. You can see the spread in the centers of the mint marks.
First-Of-Ten-1969-S-Lincolns-From-Auction
Although the spread is not all that strong, but it shows up on all areas of the mint mark and not on the date. So it is a listed RPM.
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koinpro's Avatar
United States
1781 Posts
 Posted 05/28/2015  12:52 pm  Show Profile   Bookmark this reply Add koinpro to your friends list Get a Link to this Reply
I have one to several rolls each of 1969-S/S 1c RPM#s 1, 2, 3 (CONECA), so whomever I purchased them from did good! I never get that lucky!
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d_dob's Avatar
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193 Posts
 Posted 05/28/2015  3:04 pm  Show Profile   Bookmark this reply Add d_dob to your friends list Get a Link to this Reply
So, the 69 S's don't have added value? I thought it looked like there was some doubling on the date and a repunched mint mark, too. I'm just learning, so, feel free to elaborate!
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