Thoughts on this Lincoln 26-S Thank you for any and every comment!

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Thanks!

I'll re-shoot those areas closer and more in focus because honestly - I am still not seeing any lines/scratches that are not in the metal of the coin itself.

 

Awesome image and clean finger nails too!

 

I'm not a fan of woodies. I find the toning pattern distracting on mint state coins, personally.

That said, I think the 26-S is a nice coin. Anywhere between 63 and 65 depending on luster. I see no evidence of cleaning in the photos.

 

EyeEatWheaties

I am trying to increase my knowledge regarding historically weak strike dates/MM Lincoln Wheat Cents also.

For some reason , I was lead to believe that the 1924-S was the most notorious (regarding "grand slam").

In your last batch of comparative coins , It seems very clear on your coin , that the missing (very mushy) worry lines in Lincoln's brow , are not a sign of wear. Instead it actually shows how much weaker or mushy a strike it is compared to every other comparative coin for which you provided obverse photographs.
So I would grade it somewhere between AU and MS60. I make my guess at this grade range under the assumption that the coin has not been altered.

 

1922-D trumps the 24-S, after that the 25-S, then the 26-S IMO. Some of the D mints are also close competition.

 

Sorry, Thad, but the 22-D may have lots of lousy strikes out there, but they also have some very nice strikes. I have 2 with nearly full beards and someone here posted one that made mine look weak. Now, find me a 23-S, 24-D, 24-S, 25-D, 25-S, 26-D, 26-S, or even 27-S with a full beard. And, just to top that, the 1924-S is the rarest Lincoln with any red on it certified by PCGS and NGC (combined). That is the total red + RB.

 

Well no expert either, but that setting is checked. From what I read it allows one to click on image like EEW includes and it opens in a new window(that I have set) and then I can click again to get full size. It works fine and I can live with it. I like different windws cause then I can blow up two coins and compare them side by side. So I can live with it and this is the only forum I have issues with. So there might be something else - I just don't want everyone to think Chris is the only one with issues. I just won't complain about it.

The only reason I do not try firefox or chrome is because work does not support them. Yes I know I could have two browsers, but usually when I am on at work from home I am in IE and I can just work with it. One of these days when I feel up to it I will give it a whirl. And I do appreciate the information.

Now I am mainly watching the thread for the grade. Very curious about that.

 

I think MS63 also.... and a really nice coin..... take a look at yesterday HC Tuesday night auction... they had quite a few AU53-58's on there (all of which I'd call EF45 or AU50 in my book, then would have to +1 to get it up to tpg current grading practice).

This one rides into MS easily I think..... the problem, if any, is as RLM mentions... it's a woody and the tpg's are very hard on woody grading, plus anything with suspect color (including all woodies) have at best a 50-50 shots at even getting graded.

 

After checking out the realized prices for 1926-S from XF45 to MS70 on Teletrade , I have to correct my guess on your coin. It is definitely MS63 or better. If you take a look at some of the coins that were sold there over the past 180 days , there are some XF45's that have better strikes than the $1050.00 level MS64. Makes things a little bit more confusing I also find it interesting that there was not a single Red nor RB among them.

 

Greater beard detail can be found on the 22-D but it's fairly rare. I'm talking about the WHOLE coin, all design points, obverse and reverse.

 

You mean like these 2?

 

RLM - which reports do you use.

I use Coinfacts for the rarity estimation. My thinking is that I would rather use one TPG as establishing benchmarks since grading standards aren't strictly followed between NGC and PCGS otherwise each service would work together and do crossovers with little or no questions asked.. I actually think it is ridiculous that they don't - but is another topic for later discussion. While I haven't been able to find a rarity list, I would imagine one exists somewhere. Their coinfacts site is a work in progress.

They list the 26-S as the rarest in MS65 and up 9th in MS60 and up - now for number of certified MSRD wheats:

26-S Reds they have 72 and for the
25-S there are 77 and for
24-S there are 105

I didn't look any farther.

Does anyone know where to find the PCGS rarity lists? Do they exist?


Would be nice if the data was comma separated for exporting. I personally would like to have the population reports and be able to sort them when making buying or selling decisions.

From an investment viewpoint, I think there are a lot of over looked lincolns that are very rare in high grades and waaaaaaay undervalued.. fight now there nearly 100 s-vdb coming up for sale on Heritage! guess how many 26-S? that is nuts!

 

I totally agree, which is the driving reason for this thread. A month ago I would have taken $450 for this coin. While it might seem like a crazy number I am think I wouldn't let it go for less than 1k since I don't believe I can replace it for anywhere that number with a similar coin.

 

EEW, you are only counting PCGS and only reds. I specifically included red and RED BROWN and also NGC. I messed up also, because it is the 23-S that is the rarest;
RED RB
DATE PCGS NGC PCGS NGC TOTAL
1923-S 104 40 251 236 =631
1924-S 107 56 328 262 =753
1925-S 60 76 257 262 =655
1926-S 103 18 293 428 =842

Note that the rarest red Lincoln is the 25-S and the most common with some red on it (from my table) is the 26-S

 

Oh thats cool! Interested in sharing the link to that data source?

 

Heritage. BTW, the first 2 columns are red, the second 2 are RB

 

duh.... I knew that, lol...! musta got stuck in a corner of my pea brain....

yeah so..... a new venture is embarking... well struck mid 20's S Mint...


BTW - I'm cracking the coin and resubmitting.. .......code 91


/thread