Is This Proof Worth Getting Graded?

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Author	Replies: 13 / Views: 1,627
fmtaxguy Valued Member United States 257 Posts	Posted 03/26/2009 10:37 pm I just purchased this 1938 Lincoln proof with an amazing color array. It appears to be a crisp, strong strike. How would you grade it? And do you think it is worth sending it in to PCGS or NGC? Thanks in advance. Image: 1938PR1.jpg 34.47 KB Image: 1938PR2.jpg 31.83 KB Image: 1938PR3.jpg 33.15 KB Image: 1938PR4.jpg 33.49 KB Report this Post to the Staff

echizento Moderator United States 23731 Posts	Posted 03/26/2009 11:00 pm Really nice toning. I wouldn't grade this as a proof coin though. I'd say MS-64 with scratches on the obverse. Report this Post to the Staff
oih82w8 Pillar of the Community United States 7840 Posts	Posted 03/26/2009 11:03 pm Awesome toning! But how can you tell that is a Proof? If this was a Proof, would it be considered "impaired", since it has a few scratches? Would that downgrade it below PR60? success, Edited by oih82w8 03/26/2009 11:06 pm Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/26/2009 11:04 pm It looks like a proof to me but there's a good chance it won't grade with the color and spotting. I'd grade it PR63RB and send it to ANACS for slabbing with a details grade. ANA #R3154474 Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 03/27/2009 01:57 am It does have a mirror background. I personally would put it in an album Report this Post to the Staff
jbuck Moderator United States 187851 Posts	Posted 03/27/2009 10:58 am Not sure about getting it graded, but it is a very nice coin! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
BadThad Bedrock of the Community United States 19935 Posts	Posted 03/27/2009 4:18 pm No doubt it's a proof and these are LOW mintage. The coloration is always an issue with the TPG's and they are more often than not fearful of grading the toners. I admit I have a hard time telling the AT Lincoln proofs that got their color from dipping in things like coincare, as I've never used that junk. Personally, I'd send it in and see what happens due to the mintage rarity. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
fmtaxguy Valued Member United States 257 Posts	Posted 03/27/2009 8:39 pm Thanks for the info and advice. I have been leaning towards sending it in, probably to NGC. Any ideas on which service might be the most likely to slab and grade it? As I don't keep albums to stick it in, slabbing may be the best protection. Maybe an airtight. Any thoughts? Thanks. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/27/2009 9:22 pm Quote: I have been leaning towards sending it in, probably to NGC. Any ideas on which service might be the most likely to slab and grade it? NGC is a fine company but you'll risk getting it back in a body bag and be out $40. I'd go with ANACS because they will slab it with a details grade even if it has problems. ANA #R3154474 Report this Post to the Staff
BadThad Bedrock of the Community United States 19935 Posts	Posted 03/27/2009 9:55 pm If you have a local coin dealer you do business with, you should be able to do NGC for $25....that's whay I pay, bodybag or not. I'd try NGC first because only 14734 of these exist. Now that I look again I think the toning is natural and they may be more forgiving because of the rarity. My 1938 is PCGS PR-62 and it has some purplish toning on the obverse portrait, no problems with them grading. I think that color is natual to these proofs. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
fmtaxguy Valued Member United States 257 Posts	Posted 03/27/2009 10:04 pm This is all very encouraging. I may have finally obtained a coin that our more experienced forum friends haven't completely panned. There aren't many, if any, local dealers. NGC, in Sarasota, FL, is only about an hour north on I-75. Maybe I can take a drive up there and save on two-way postage. Do you think that this coin would grade at least PR62 given the scratches? Thanks. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 03/28/2009 12:00 am NGC doesn't do drop offs as far as I know Report this Post to the Staff
fmtaxguy Valued Member United States 257 Posts	Posted 03/28/2009 06:59 am I thought I read where that was an option. Thanks for the alert before I just get in the car. I'll check it out and report back if I find differently. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 03/28/2009 12:58 pm Quote: Do you think that this coin would grade at least PR62 given the scratches? If it grades, it should easily grade 62. ANA #R3154474 Report this Post to the Staff
	Replies: 13 / Views: 1,627

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