Uncirculated 1959 Lincoln cents in plastic container jammed

Either PCGS or NGC price guides will report the recent sales. Here is a screenshot of PCGS Photograde app showing an ms68 Lincoln cent. As I stated before, there can be nicks, and wear marks that are not strong enough to be enough to downgrade the cent one grading point. You can clearly see marks on this ms68 cent. They are simply not strong enough to reduce the surface preservation condition.

 

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In order to grade MS68, a 59-P coin will need to look a lot better than the 34-P you are showing. Just a market reality.

 

It would need to look almost perfect to the naked eye.
I believe all grading should be equal. But that's not the way they do it.
A key coin which would grade lower on a different date, grades higher.
It's not fair but that's how they do it.
Since the 1959-P is a common coin, it would have to be EXCEPTIONAL
to grade a 68. The second coin to me is a 65. They might go 66, but I doubt any higher and it will not be worth the cost of grading.
I believe the $5 price for a roll of 1959-P uncirc. is good/ a fair deal for both the buyer
and seller. But you would need 1 or 2 killers out of that roll (plus grading fees)
to make a profit if you are looking to sell. There's really not much market for an MS 65 1959 Lincoln. The retail on that is .30 cents.

 

This ms67+ sold for 5k in August 2016. Do you see the nicks and wear marks? The cent photos I posted may not receive a 68, but may receive a 67. That would be fine with me. There are also some spots on this cent. It has a smooth velvet surface preservation which may have earned this coin the "+" designation.

 

Here's another MS67 that sold this year for nearly $500. Hopefully, this will further clarify what I mean. The strike on this one is even weak. The two coins I posted resemble good strike, color, and surface preservation. Not sure what makes your opinion reach MS65.

 

Yeah, 67 allows a few marks, though the 2nd one was mis-graded and should not have received higher than 65. First one does look like a 67, though I would not buy it with the annoying hit on the nose. I would not expect the first to CAC at 67, nor the 2nd to CAC at 65.

 

A lot better in what way? 60% of any MS graded coin is surface preservation. Despite the coins color. Date can influence the amount of wear, but so can storing any coin improperly. The grading companies use a scale. There are videos that have helped me learn what little I know. Color and Surface Preservation are key to earning higher grades for any coin in any date.

 

I'll stop with this last photo of another MS67 1959 cent. Even though there are noticeable nicks and wear marks, the overall color, surface preservation, and strike remain well defined. This isn't an error in numerical grading. And I don't believe coins are mis-graded to large degrees.

 

I only see two small nicks on this coin. I think you may be misinterpreting what you are seeing. You may be thinking that the "chatter" marks on the cheek, on the shoulder, and on the lapel are nicks, but they are not. They are marks left over from the planchet not receiving a full strike. You may also be thinking the features in front of Abe's eyes, in the field in front of the mouth, Y of LIBERTY, etc etc are scratches, but they are not. They are the result of die scratches being impressed onto the surface of the coin. I do see one obvious hit in the middle of the field in front of Abe's nose, and perhaps one on the shoulder, and that mark would give me pause about buying this coin as a 67. It's way too obvious for my taste at this grade level, and it's in a prime focal area. However, I do think this coin would qualify for 67, though would not CAC.

 

Interesting. Maybe. How does a CAC sticker raise the numismatic value of a coin??

 

A CAC Green sticker simply means that CAC folks concur with the grade given the coin, and that "they would buy it". CAC Gold sticker means the coin is potentially undergraded. My CAC Green coins are strong for the grade, but not over-graded, and are generally problem-free. The small nick in the field in front of Abe's nose is a "problem" for that coin at 67.