Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1970-S Small Date Lincoln Memorial Cent

To participate in the forum you must log in or register.
Author Previous TopicReplies: 9 / Views: 1,062Next Topic  
New Member

United States
9 Posts
 Posted 02/09/2009  12:34 am Show Profile   Bookmark this topic Add rogle to your friends list Get a Link to this Message Number of Subscribers
Bought a small lot of coins. Came with 8 uncurculated 70s cents. I'm trying to convince myself that there is no sd but 1 appears that it could be. The scan shows 2 of the dates. What do you think about the one on top?

1970-S-Small-Date-Lincoln-Memorial-Cent
Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 02/09/2009  12:48 am  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
On the top one...I'd say , but that's just me.
It would probably be good to see that date without the overlap from the bottom coin.
Here's a good reference that explains SD/LD differences.
Valued Member
MtnCoinMan's Avatar
United States
462 Posts
 Posted 02/09/2009  12:56 am  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
The top one is a small date. Three things give it away. The shape of the "0", the top of the "7" relative to the zero and the crease in the large date "7" where the horizontal line meets the nearly vertical line, there is an obvious crease. Grats!
Pillar of the Community
coppercoins's Avatar
United States
7629 Posts
 Posted 02/09/2009  09:33 am  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
No doubt the top one is a small date.
New Member
United States
9 Posts
 Posted 02/09/2009  6:45 pm  Show Profile   Bookmark this reply Add rogle to your friends list Get a Link to this Reply
Good enough for me. Now the question I have is what to do with it? I am not a collector. I generally dabble with buying and selling. I know nothing about grading coins and what I see it's not worth it for this coin, since it is not worth a lot of money. (Maybe $50-75, don't know.) I put a another scan up to get some opinions. There is scratch on the coin don't know how this effects it. Also the scan shows dark areas which I can't see with my eyes and 2x glass. What do you think?

Image: 1970-S-Small-Date-Lincoln-Memorial-Cent 1970s.jpg
48.95 KB
Valued Member
MtnCoinMan's Avatar
United States
462 Posts
 Posted 02/09/2009  6:52 pm  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
To get up in the $50.00 range, it would have to be MS63 or MS64. I don't think yours would grade quite that high. There are better, more experienced Lincoln Cent Experts on here, let's see what they have to say. Maybe in the 55 grade range?
Pillar of the Community
rockdude's Avatar
United States
1807 Posts
 Posted 02/09/2009  7:36 pm  Show Profile   Bookmark this reply Add rockdude to your friends list Get a Link to this Reply
Nice find rogle. And to the forum.
Pillar of the Community
coppercoins's Avatar
United States
7629 Posts
 Posted 02/09/2009  11:55 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
I would say MS63-MS64ish. Probably a nicer looking coin that the image gives credit. You could sell it on ebay if you want to go through the hassle.
Valued Member
MtnCoinMan's Avatar
United States
462 Posts
 Posted 02/10/2009  4:18 pm  Show Profile   Bookmark this reply Add MtnCoinMan to your friends list Get a Link to this Reply
See, I always tend to "under grade" coins. It is helpful when buying, but not for giving advice. I would rather error on the down side. To me, to get over 60, I want to be able to comb my hair using the coin as a mirror.
Pillar of the Community
coppercoins's Avatar
United States
7629 Posts
 Posted 02/10/2009  4:34 pm  Show Profile   Bookmark this reply Add coppercoins to your friends list Get a Link to this Reply
A little lesson in grading...

MS60 is for an uncirculated coin that is either heavily bag marked, corroded, or something else desparately wrong with it. MS70 is for a perfect coin with no flaws visible under a 5X magnifier. MS65 is for a coin that has a couple of minor obvious marks or stains. All the other grades fall in-between those at even intervals.

So, in effect, saying that to get above MS60 you want to be able to comb your hair using the coin as a mirror is completely unrealistic. First of all, most uncirculated coins do not have a mirror finish, so that point is out automatically. But to achieve a coin that has so few flaws they would not be obvious to the unaided eye would be MS66 or MS67. So, in effect, if you are calling a red, shiny coin with a couple of obvious hits an MS62 (as an example), you are talking about the difference between around $150 and $5,000 as the difference between a 1921S cent in MS62RD as you would call it and MS65RD as the coin would actually grade professionally. You could be seriously hurt with such a conservative notion as to what coins should grade.

The best thing to do is get experience in what the professional services grade whatever coins you collect. If it's Lincoln cents, go to some shows, or to some dealer's shops, or even search sites that have GOOD photography of slabbed coins and take a look at a number of different grades, including the BN, RB, and RD designations. Look at everything, and remember what you see. Instead of instantly fighting the grading these slabs use, learn it and take advantage of having so many examples out there for you to see.

At any one local show I can find 20-30 coins to use as examples. At a regional or national show, I can find 200-300 examples. Online I could find at least 200 examples.

Instead of assuming your grading scale is correct, use the actual grading scales of the companies. You will be surprised at how far off your notion is.
  Previous TopicReplies: 9 / Views: 1,062Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums