Confused w/ 2007 Lincoln Cent Value

Discussion in 'US Coins Forum' started by Shoewrecky, Dec 9, 2010.

  1. Shoewrecky

    Shoewrecky Coin Hoarder

    How is it possible that an 2007 MS68RD ( http://cgi.ebay.com/2007-P-Lincoln-...76?pt=Coins_US_Individual&hash=item2c593a8a70) worth $25? With 3,762,400,000 minted that year, I just can't fathom a value unless it was the only one graded at MS68.

    Forgive my ignorance would someone only pay to get it graded or buy one graded bc they are trying to complete a registry.

    Wait a second..this is my 1000 post, I guess I need to come up with a contest soon :rolleyes:

    Thanks,

    Shrek

    P.S would someone please give me a pop. report on a 1960/1970-s S/D in MS64-MS68. Thanks again :)
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Bidiots!

    I can't figure out what coin you mean. Is it a 1960 over 1970-S over D mintmark?

    Chris
     
  4. Shoewrecky

    Shoewrecky Coin Hoarder

    Chris,
    Sorry I am looking to purchase a 1960-p and 1970-s Small Date in grades MS64 - 68 but though I was hoping to get a pop. report before I purchase them.
     
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    NGC Census:

    1960-P Small Date MSRD: 64 - 76; 65 - 270; 66 - 541; 67 - 22 None higher

    1970-S Small Date MSRD: 64 - 158; 65 - 174; 66 - 82; 67 - 4 None higher

    They also list RB & BN, but I assumed you would prefer RED.

    Chris
     
  6. Shoewrecky

    Shoewrecky Coin Hoarder

    yup yup, thanks for your time Chris
     
  7. lupinus911

    lupinus911 Member

    The penny has a satin finish/
     
  8. bigjpst

    bigjpst Well-Known Member

    I don't know if this is helpful, but when I am looking for pop reports I look up heritage auctions for the particular coin and they generally give both pcgs and ngc. They may or may not be 100% accurate, but for my puposes it has always been close enough.
     
  9. brotheratom

    brotheratom Witty coin reference here

    Didn't sell, it was relisted. It's goin' for $0.18 right now, I should know ;)
     
  10. Shoewrecky

    Shoewrecky Coin Hoarder

    Big thanks for the post, I will check HA out and Brother I couldnt help but laugh...where in OH are you?
     
  11. rlm's cents

    rlm's cents Numismatist

    First off, this is a SMS coin. It has no more to do with the 3,762,400,000 minted than proofs do. Still, $25 is probably somewhat high.

    On the other hand, if it were part of the 3,762,400,000 minted, it would be worth about $800. Out of all those 3,762,400,000 minted, PCGS has so far only graded 4 (with none finer) at MS-68. Makes you wonder how they managed to get an MS69 back in 1919, doesn't it?
     
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