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 Replies: 20 / Views: 4,887 |
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Bedrock of the Community
United States
19964 Posts |
Took me a LOT of hunting to find a 68S with full steps. I really think 99+% of the surviving population has incomplete steps. Even the top grades on ha.com don't have full steps. Looking forward to Chucks comments on this. This coin has bright, blazing luster to boot. For some reason, it really doesn't photograph well. This coin looks much better in hand.    |
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Pillar of the Community
United States
7629 Posts |
Nice, solid strike from rather early dies - you are right, these don't happen often.
Here's the problem...the rim hit beneath the date and the other one over by Liberty along with the deep cut in the lapel will keep this out of a 67 holder. That's not to mention something fugly happening over on the ITE of UNITED. Not sure what that's all about.
Now...here's the kicker. If they don't happen to notice the rim dings the surface and luster along with the perfect steps could possibly stick this in a 67 holder, but the chances are rather slim. Being that the difference in value is roughly $40 to $300 between the grades, you may stand a chance.
Too bad it's not a 68D. That one goes from $80 to $1,200+ from 66 to 67.
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Pillar of the Community
United States
1659 Posts |
That's got to be one of the nicest 68-S cents I've seen. Did you find that out of a roll?
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Pillar of the Community
United States
7629 Posts |
cwb8539 - You wouldbe surprised at the quality of coins that sometimes come out of rolls - even sealed bags. I have found a large number of MS66 quality 1968S Lincoln cents out of a bag, believe it or not. That's why the 66 graded coins are so low and the 67 graded coins are so high.
If you get a chance, take a look at 1963D. The value difference betwen MS66 and MS67 red is amazing.
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Pillar of the Community
United States
1659 Posts |
Oh yeah...big jumps in price.  According to Numismedia: 63-D 65RD $24.00 66RD $219.00 67RD $780.00 |
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Bedrock of the Community
 United States
19964 Posts |
Thanks Chuck, you nailed every single flaw....good eyes! cwb - Yes, I pulled this out of a loose roll. Everytime I see rolls of 68-S at shows/dealers I buy them because they are so cheap. I really LOVE the fact that dealers consider them "junk"! I'm sure Chuck will attest...it's pretty awesome to be able to buy BU rolls of copper cents BELOW melt.....thanks to CDN being ignorant. Look how many rolls they value at $1.10 when melt is $1.36. LOLOLOLOL Who in the he-ll is going to sell their BU Lincolns below melt? Oh yea....dealers who label them as common junk.  |
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Previously Banned Member
United States
71 Posts |
I could have sworn I posted a link to a MS65RD photo. Are we not allowed to post PCGS photos on this forum?
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Bedrock of the Community
United States
19964 Posts |
I didn't see the post Eye. You can post PCGS pics AFAIK. It's very rare to have posts here deleted.
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Pillar of the Community
United States
7629 Posts |
Not a good idea to reuse images, but posting a text link to another website is no problem.
Cents below melt? Hmm, it's illegal to melt them anyway. Plus, are you taking the weight of the cents and transposing it directly to the price of copper by the pound? That won't work...
Cents are 95% copper, 5% zinc. Smelting the zinc out of the brass alloy is expensive, and they charge you directly for that. You have to account for that, even if you could melt them.
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Bedrock of the Community
United States
19964 Posts |
I use (124) This link is not allowed by the Staff for melt values.  SERIOUSLY? *** Edited by Staff | The bad word filter is in place for a reason. Bypassing the filter and making the intended word obvious anyway is completely unacceptable. *** ....jez Edited by BadThad
12/16/2010 10:52 am
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Pillar of the Community
United States
7629 Posts |
The way they calculate everything is correct, but they don't include the smelter's fees for separating the metals. I would think there is still a chance of profit in it, but the profit would only add up if you're into the hundreds of pounds of metal.
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Previously Banned Member
United States
71 Posts |
Quote:
It's very rare to have posts here deleted. yeah well the tab to the pic was still open, so I know I did post that link. could have been a dream? IF IT WASN't who is the mod that is randomly deleting A LOT of my stuff with out having the decency to inform a new member of the violation? Yeah I quoted myself to get from post #46 to #50 and then made a WTB post for 09VDB's - all of it is gone... Hey Mod!..... what is this Kindergarten or were you a former cop? I mod on a site 10x the size of this MB. I know a little something about sumthin.... delete this and that will confirm that. IF you can't tell a potential good and supportive member from the quality of their posts then you shouldn't be moderating. Anyways Thad. I think you also use coin facts dot com What was especially interesting about the coin image I posted, was that in comparison with the recent MS66 '62 memorial I posted, this one was a MS65 - I think there has to be a mistake with the '62 image on Coin Facts. Testing 123 1968-S MS65RD  preview is ok. |
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Pillar of the Community
United States
7629 Posts |
One thing that MUST be rememebered here is that EVERY coin is unique in its own way. Grading is a sujective thing, and there are a number of graders at each different service. This is bound to provide some minor inconsistency. Using images of a graded coin to compare your coin is at least a little misleading, if not a lot misleading. The one big thing you are completely missing with this is an explanation FROM the grader who assigned the grade as to WHY the coin graded what it did. Another thing that's missing is the fact that the coin, especially copper, will change in appearance with time, and it really matters WHEN the coin was graded and how much time lapsed between the grading and the photograph. Taking a group of slabbed coins and photographing them according to what's on the label would be a BIG mistake and a disservice to the community at large. I know this isn't what happened in this case, I'm just saying it while I'm ont he subject.
Using sample grade images to argue the grade of another coin works sometimes, but it does not and cannot apply to all cases across the board. Similar marks or stains in different areas can greatly affect the grade of a coin in very different ways, and an understanding of this is VERY important if you want to be a red copper grader. A gash on the steps of a memorial matters FAR less than the same gash right in front of Lincoln's nose. There's a lot that goes into grading, and using sample images of graded coins to argue a point about a different coin is just useless to tell the truth.
I'm not trying to be crass or harsh here, but it seems that you have argued your grading opinions with images of coins from different sources. It really takes a knowledge of a number of coins graded by the different sources and some experience viewing hundreds of graded coins to be able to get a feel for what another coin would grade. This method simply will not work, as was the case with the MS68 graded coin that had to have turned in the holder. That image is a terrible example of an MS68 graded coin. The buyer of that coin was buying a label, not a coin. Using the picture to argue what an MS68 coin looks like shows a certain level of misunderstanding of how grading is done. And like I said, again, I don't mean to sound harsh at all. We all have learning to do and I'm trying to help here.
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Previously Banned Member
United States
71 Posts |
Coppercoins, I appreciate your direct bluntness. I think a lot more is said when comments are made it what many consider a harsh or crass manner. I for one do not take anything on the internet very seriously. after all, we have been reduced to just a bunch of 00101100011's
Okay now with that said, what you are saying makes perfect sense. I tend to grade within a range and while there can be big difference in the values of coins 1 point apart. I frankly do not subscribe to those values. if my eye can't see it.. then...
I think that is basically what you are saying. BTW - the way you wrote the above post is one of the better explanations of why to buy the coin and not the label.
I understand.. .You really can't grade high MS coins accurately, unless they are in hand and even then, those grades are only good to the person who graded it, at the minute they are graded.
That 62 memorial I posted in another thread is for another subject and I really shouldn't have brought it into Thads thread anyway.
Anyways, this gives me an idea for a new thread about reverses.
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Bedrock of the Community
United States
19964 Posts |
Quote:
Cents below melt? Hmm, it's illegal to melt them anyway. Plus, are you taking the weight of the cents and transposing it directly to the price of copper by the pound? That won't work...
I'm not going to melt. Copper cents have intrinsic value just like any other metallic coin. If it was illegal to melt silver, would you be willing to sell your BU roll of 1964 dimes at less than melt? Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
19964 Posts |
Eye - Look at the steps on that MS65. They are weak at the bottom and I wouldn't consider that coin FS. It would be in my reject pile just because of the steps. The only exceptions I make on steps are issues where the master precludes finding an FS example, such as the 1977 and the 2006.
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Replies: 20 / Views: 4,887 |
Posted 12/16/2010 12:28 am
