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High Grade 1966 SMS Lincoln Cent - Pricing Confusion

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noo_mis_muh_tist's Avatar
United States
37 Posts
 Posted 09/24/2009  4:40 pm Show Profile   Bookmark this topic Add noo_mis_muh_tist to your friends list Get a Link to this Message Number of Subscribers
I've got a 1966 SMS Lincoln Cent (Red) and it's been graded somewhere between MS 68 and MS 70. I'm going to have NGC slab it so I know for sure what the grade is.

But if I decide to sell it at some point, I will need a realistic price, which is where my confusion comes in.

Numismedia prices an MS 68 at $175 and an MS 69 at $910.

But PCGS has prices for a 1966 SMS RD at $8, $10, $25, $40, $55, $200, and $2,500. The grade categories for the SMS, G1 through G7, are confusing. I have no idea what they mean and I would like to know what grades are attached to the PCGS prices of $200 and $2500.

Can someone please click on the link, scroll down to the 1966 SMS, and decipher the PCGS pricing for me, as I have no idea what the G1 through G7 categories mean?

http://www.pcgs.com/prices/PriceGui...Lincoln+Cent

Edited by noo_mis_muh_tist
09/24/2009 5:29 pm
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/24/2009  6:13 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
it's been graded somewhere between MS 68 and MS 70

The question is, who graded it and assigned that grade? There are no known SMS-70s and PCGS only reports one SMS-69 and 102 in SMS-68. The NGC pops are not currently showing at Heritage but I would assume they are similar. I am not really sure what is up with the PCGS guide for the SMS cents, it looks like a glitch. The $200 value should be for SMS-68 and the $2500 value should be for the single example of an SMS-69(it was last auctioned by Heritage in 2001 for $862.50).
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noo_mis_muh_tist's Avatar
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37 Posts
 Posted 09/24/2009  6:32 pm  Show Profile   Bookmark this reply Add noo_mis_muh_tist to your friends list Get a Link to this Reply
I'm not sure who graded it. Could be several different people. NGC will settle it. I'll post photos if I get some free time.

It has Full Steps, if that helps any.
Edited by noo_mis_muh_tist
09/24/2009 6:34 pm
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coincollectingkid's Avatar
United States
323 Posts
 Posted 09/24/2009  6:51 pm  Show Profile   Bookmark this reply Add coincollectingkid to your friends list Get a Link to this Reply
wait, is it a nickel now? it has full steps?
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noo_mis_muh_tist's Avatar
United States
37 Posts
 Posted 09/24/2009  6:57 pm  Show Profile   Bookmark this reply Add noo_mis_muh_tist to your friends list Get a Link to this Reply

Quote:
wait, is it a nickel now? it has full steps?


The Lincoln Memorial has full steps. Is that irrelevant?
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yotie's Avatar
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3077 Posts
 Posted 09/24/2009  8:29 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
not to Bad Thad
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yotie's Avatar
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3077 Posts
 Posted 09/24/2009  8:39 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
i went to the page you linked and I think it is a miss print it should read PL 61-70 or MS 61-79 or PR 61-70
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Coin_Guy's Avatar
United States
143 Posts
 Posted 09/25/2009  01:40 am  Show Profile   Bookmark this reply Add Coin_Guy to your friends list Get a Link to this Reply
Completely unrelated to your post. I love your name though! haha
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jayceeg's Avatar
United States
114 Posts
 Posted 09/25/2009  6:01 pm  Show Profile   Bookmark this reply Add jayceeg to your friends list Get a Link to this Reply
What is a SMS cent? If I don't ask I'll never learn and I had seen that somewhere else lately Thanks
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/25/2009  6:13 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply
It's part of a special mint set. They made Special Mint Sets from 1965-1967. And there are no mintmarks on any coins from 1965-1967. Hope this helps.
Edited by wheatguy
09/25/2009 6:13 pm
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noo_mis_muh_tist's Avatar
United States
37 Posts
 Posted 09/25/2009  6:14 pm  Show Profile   Bookmark this reply Add noo_mis_muh_tist to your friends list Get a Link to this Reply

Quote:
What is a SMS cent? If I don't ask I'll never learn and I had seen that somewhere else lately Thanks


Coin Community has a glossary that answers your question. It's on the left side of the webpage. Here's a link to the answer. Just scroll down to SMS.

http://www.coincommunity.com/dictio.../coins_s.asp
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