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1959 PR-69 DCAM Lincoln Cent, Did I Get Too Good Of A Deal...

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edweather's Avatar
United States
7375 Posts
 Posted 10/29/2015  3:56 pm Show Profile   Bookmark this topic Add edweather to your friends list Get a Link to this Message Number of Subscribers
...or not? My 2 year buying spree has come to a halt, but just couldn't resist this one. I think it's a top pop, only 3 PCGS, and 1 ANACS exist. Is it too good of a deal, or am I fooling myself? Buyer has one neg feedback for not shipping a coin. They haven't shipped yet.

http://www.ebay.com/itm/28183428664...RK:MEBIDX:IT
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Buddy's Avatar
United States
7075 Posts
 Posted 10/29/2015  4:17 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Wow! You did good. Hope it ships soon. Let us know.
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jbuck's Avatar
United States
187862 Posts
 Posted 10/29/2015  4:47 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I am not well versed on high-end slabbed coins, but I just looked at what NumisMedia says for 1959 Proof-69...
RD              175.00
RD Cameo        562.50
RD Deep Cameo 6,250.00
I think you got a great deal.

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BadThad's Avatar
United States
19935 Posts
 Posted 10/29/2015  5:02 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Looks like a GREAT buy!
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edweather's Avatar
United States
7375 Posts
 Posted 10/29/2015  5:11 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Darn, was almost hoping it wasn't such a good deal. I smell a rat, but too soon to throw in the towel. The seller also knew it was a nice coin, like they mentioned in the description. If the photos were better, they probably could have gotten a lot more for it. Might be worth it for them to keep the coin and take a feedback hit.
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 10/29/2015  7:15 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply

Quote:
If the photos were better, they probably could have gotten a lot more for it.


Or if it was PCGS/NGC. I don't see a lot of people buying ANACS graded proofs.


I think you got an amazing deal.
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edweather's Avatar
United States
7375 Posts
 Posted 10/29/2015  7:40 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Yeah, I'm assuming it's a point over graded, but the seller thinks it's gold.
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matttheriley's Avatar
United States
1512 Posts
 Posted 10/29/2015  7:44 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
Well, even if it crosses at ONLY a PF67 to PCGS, their book value is $275 for Deep Cameo! Nice pick up!
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 10/29/2015  8:25 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
A 69DCAM '59 cent...didn't even know they existed.
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T-BOP's Avatar
United States
18456 Posts
 Posted 10/29/2015  9:09 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Ed, don't be paranoid . I feel you snagged a beauty. as mentioned above these don't come by every day.
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edweather's Avatar
United States
7375 Posts
 Posted 10/29/2015  9:16 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Paranoid Eddie checking in:

Good news, a tracking number has appeared.

Odd news, item location in listing, South Carolina, item shipped from Longmont CO just sayin' will be video recording the opening of this package.
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Buddy's Avatar
United States
7075 Posts
 Posted 10/29/2015  9:46 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


Hope this works out for you.
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BH1964's Avatar
United States
10982 Posts
 Posted 10/29/2015  9:52 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I bet you get it. The issue is it really a DCAM? The haze around Lincoln's head and through ONE CENT say it's probably not DCAM but you'll have to see it in-hand. If it is it's a great score. There were over a million of these proofs struck and PCGS has certified 3 as 69DCAM out of around 2,000 1959 LMC proofs certified by them. DCAM is tough to get at the big boys and that's where the real value's at.
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edweather's Avatar
United States
7375 Posts
 Posted 10/29/2015  11:00 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Yeah, the best thing about it might be the holder. ANACS only certified one of them, no 68s, and the next closest is a 67. Probably worth a shot at a cross.
Edited by edweather
10/29/2015 11:01 pm
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gymcoachdon's Avatar
United States
717 Posts
 Posted 10/29/2015  11:07 pm  Show Profile   Bookmark this reply Add gymcoachdon to your friends list Get a Link to this Reply
PF68 Cameo, or PF67 DCAM and it was still a good buy. I think you took a good risk. Nice catch!
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T-BOP's Avatar
United States
18456 Posts
 Posted 10/30/2015  8:40 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
will be video recording the opening of this package.

Do you want me to get Eye Witness News to run this for you ?
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