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Proof Lincoln Memorial Cents

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Author Previous TopicReplies: 9 / Views: 1,258Next Topic  
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Theo1123's Avatar
United States
38 Posts
 Posted 07/08/2015  10:12 am Show Profile   Bookmark this topic Add Theo1123 to your friends list Get a Link to this Message Number of Subscribers
So I've decided to build a collection of all the memorial reverse Lincoln cents with deep cameo and high grade. I'm not an expert at grading and I was wondering what grade people consider perfect under pf 70. I'd rather pay a lower price for pf 67 that looks perfect rather than a few thousand for a "perfect" 70. Thanks!
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jdiablo30's Avatar
United States
946 Posts
 Posted 07/08/2015  10:29 am  Show Profile   Bookmark this reply Add jdiablo30 to your friends list Get a Link to this Reply
Your not going to be able to find a lot in 70 I don't think. And a 70dcam is epitome of coin perfection. Not one flaw,spec,nik,nudge. Visually stunning with huge mirrors of contrast on both the obv and rev. Literally perfect in every sense
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Scropper's Avatar
United States
702 Posts
 Posted 07/08/2015  10:42 am  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
Well, I think I understand what you're after... What you're looking for is coins with excellent eye appeal, even if they're flawed.

The short answer to your question is there is no perfect under 70, and even some 70s aren't perfect. But I have seen coins in the 67-68 range with excellent eye appeal that are great! If you're not examining with a loupe, you should begin to do so.

The reason your 67s look perfect but are 67s is that they are slightly flawed. Finding the flaws is disappointing in some ways, but you will begin to understand how to grade better AND you may save yourself a very expensive mistake.

Copper coins can "turn" over time, and flawed coins, depending on their flaws, will turn more and more quickly. Look for coins with spots, and if you're looking at older coins, PVC and verdigris can be an issue. So learn to examine the coins, look for those kinds of flaws and figure out how to avoid them so that 20 years from now your collection still looks great. Of course, keep your coins stored in a secure, cool, dry place.

Are you buying certified or picking raw?

Even certified coins can turn... it happens all the time! Save yourself the hassle by getting better at grading, and you'll have a lot more fun in the long run. : )
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jbuck's Avatar
United States
188052 Posts
 Posted 07/08/2015  10:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
If you are not an expert in grading (I count myself in that set, by the way), then just go for the ones that look good to you and have nice eye appeal.
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moxking's Avatar
United States
17900 Posts
 Posted 07/08/2015  10:50 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Scropper asked a pretty important question. Have you determined if you are going to be purchasing raw or TPG graded coins? It does make a difference in how you approach your goal.

Although the common and very true adage of "Buy the coin, not the holder" is well advised, it is at least easier, most of the time, to purchase TPG that already give you a pretty good idea of a grade.

However, that assigned grade by a TPG will sometimes NOT mean that it's a 'pretty' coin. What you consider beautiful should be the most important factor in your choices.
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BadThad's Avatar
United States
19942 Posts
 Posted 07/08/2015  10:53 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
then just go for the ones that look good to you and have nice eye appeal.


It's pretty simple really! Finding all those in CAM/DCAM will be a challenge. There are many years where it's virtually impossible.
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Theo1123's Avatar
United States
38 Posts
 Posted 07/08/2015  11:45 am  Show Profile   Bookmark this reply Add Theo1123 to your friends list Get a Link to this Reply
Yes, I understand that pf-70 is the only perfect coin, I was just wondering if it was really worth buying grades above 67 because they are all pretty much the same as you can hardly tell that there are any imperfections. Thank you for the replies!
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Half's Avatar
United States
606 Posts
 Posted 07/08/2015  12:43 pm  Show Profile   Bookmark this reply Add Half to your friends list Get a Link to this Reply
Probably not worth it as long as you only use you naked eye.

Stuff will be quite visible with a loupe.
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jbuck's Avatar
United States
188052 Posts
 Posted 07/08/2015  4:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I agree. Naked eye is the norm. I will always find something "wrong" if I use a loupe.
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Theo1123's Avatar
United States
38 Posts
 Posted 07/08/2015  4:48 pm  Show Profile   Bookmark this reply Add Theo1123 to your friends list Get a Link to this Reply
Gotcha. Yeah I'm buying coins certified by PCGS. I figured I would aim for them all to be pf-67 but there are a few 68's from the earlier years that I think I'll pick up
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