Aloha. I scoped out my next MPL, a 1914 PCGS Choice Proof-64 BN. PCGS price guide says $625-$750. Anyone have any ideas on how much this may go for? Because the hammer prices aren't always the same as the price guide, it can be higher or lower. Thanks in advance for you help.
It will depend a lot on eye appeal and appearance. If it looks like your avatar, I would expect the bid to be at the high end of the price guide.
If this is the one you're watching: http://coins.ha.com/common/view_item.php?Sale_No=1151&Lot_No=4300 Then $1,000 would be as high as I would go.
Yes, that's the one I'm watching. That's pretty crazy considering the $625-$750 price. But, anyone can bid whatever they want, they don't always go for the price in the price guide, if someone wants it that bad, they will put in a higher bid.
this may help http://www.pcgs.com/prices/PriceGuideDetail.aspx?MS=1&PR=1&SP=1&c=45&title=Lincoln+Cent
Yeah, you never know but matte proof Lincolns are always in demand and I agree that piece is a PQ 64BN. Say it hammers at $850 then adding in the 15% buyer premium you're at $977.50 + delivery, so right at a grand. That would be my guess as to what it will take to get it but who knows.
I can understand the high 2008 price. The MPL price run up had just about reached it's zenith by then. I think I like the current example more than the 2009 coin. I do believe the hammer price will fall below 2009 levels. I like the wood grain and of course I like the fact that it is a BN.
I like BN's better than Full Reds even though Full reds are much more scarce, and RB's are on the expensive side. Plus full reds look too much like business strikes. BN's are the one that are most likely to display toning, and that's what I love about MPL's is the unique toning they can develop. I hear people pay hundreds over the spot price just because of the toning, but like robec said, alot of it has to do with the eye appeal. And this example has nice appeal, no carbon spots and its choice. I'd love to get it for a grand.
Keep this in mind. PCGS Price Guides give their highest retail price of the coin. Most times their price is way higher than what the coins go for, and this is just one of those situations where it is switched. Good luck with this coin, it is a very nice example.
Right, with Matte Proof Lincolns, coins with nice eye appeal can often sell for much higher than the PCGS Price Guide prices. I know that I paid around $1000 over the PCGS Guide price for my 1909 MPL and am 100% happy with the purchase. It's one with super nice appeal for the grade and I have since turned down an offer of just over $1500 above the PCGS Price Guide for it, even though examples in the same grade are selling at or just below the PCGS Guide price at auction pretty regularly.
