Lincoln Experts, Please Help

This is my first ever submission to a TPG. I got this raw and looked good enough to send in, so I paid a LCS owner who was willing to do it.

However, is this "the big one" for this variety? I never heard of FS-19. Please give me news that this is in fact the most desired one of the 1943 D/D variety...

 

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Based on previous sales, I'd say "YES"!

Congrats!

Two questions if I may -
Where did you get it (CRH/ebay/etc)?
What did your LCS charge for the submission?

 

I bought it for $470 on eBay. I was weary of his offer, especially for a raw coin, and even more so for one this expensive.

However, believe it or not, he put in writing on his eBay message that If it comes back as not genuine or any kind of "Details" he will not only refund me in full for what I paid him, but will pay all my submission fees and shipping to PCGS. He also put in writing he will gladly extend the return policy knowing it takes time to get it back from TPGs. I know that putting it in writing, along with eBay's overly buyer-friendly return policy, that it was better to take a chance here than doing this at a show where I wouldn't be guaranteed a refund if came back with details.

The other thing I wondered was "why don't you just send it in, since it clearly looks like at least an MS65?" He said he will never again send a coin to any TPG because PCGS lost a valuable gold piece of his 16 years ago, and doesn't trust their handlers.

My LCS dealer didn't want to submit it for me at first, but seeing I am a good customer, he said he would charge me $60 because it was a variety and they charge more for that. Might be a little high, but I was grateful and after all he did all the paperwork.

I am super happy this is roughly a $1,000 coin and I only put $530 into it.

Is this what a cherrypick means?

 

WOW

 

Congrats!

 

Well done

 

I'm a little surprised it did not come back as an MS66. Perhaps the mark on the reverse (along the I and T in "UNITED) is what held it back maybe?

 

Here was the original listing. Notice the contact mark I mentioned above on the reverse in my photo of it slabbed is the same as the one in the original listing (just so y'all know I am honest).

 

Like the leader of A team said "I like it when a plan comes together",.

 

Nice coin!

 

...

 

Ummm...yes. Dude, you cherry picked the bejezus out of that.

 

No he didn't. He bought an already (seller) attributed coin and also received a guarantee from this individual. If anything this is the antithesis of a cherrypick. I'm certainly not saying or remotely suggesting it a bad thing - in fact I congratulate him for it - but a pick? No.


Congrats, OP. Very nice job!

 

No offense taken, my friend. I guess I misunderstood the term's meaning. I figured since he was selling it for what would be a little higher than an MS64 price, but it got graded as a 65 - twice as much - that it was the term meant.

 

In the way you put it this could be kind of a "pick", but not really and mostly due to the fact that the vast majority of the value is in the variety. In some cases where there's a big jump from one grade to another, sure... but if we start calling a "cherrypick" anything that happens in our favor, what to call the cases when a coin was actually picked?

It was a fine buy that seems to have worked out well, was wisely approached on your part, and is something that should stand on its own imo.

 

I totally understand. And thanks for the honest and polite way you carried yourself. Lots of nice people here on Coin Talk.

 

And just to expand on what @BooksB4Coins is saying...

"Cherrypicking" is recognizing a variety that is not attributed by the seller, and paying what the 'run-of-the-mill' variety would typically sell for. So in this case, if the seller was just offering up a raw 1943-D for say $10-15, and you noticed it was a D/D, and you snagged it, then it would be classified as a true Cherrypick.

Now there is absolutely nothing wrong with hitting a home run on a coin such as the OP's, and I think it's awesome!

 

Very well-explained. I Learn all the time on here.

 

Believe it or not, I took all three of those HD photos on my new LG phone using natural light outside

 

I may be wrong but I believe the FS-019 is a cross reference to the old CPG numbering system. I don't have a clue about the value but it's pretty cool.